Answer:
Joint venture
Explanation:
Typically , joint venture is formed in order to:
- Pursue a new emerging market
To pursue an emergency market, two companies who operate in a similar industry can join their resources to face off larger competitors. Even though they might lose a little bit of control over the business, the profit that obtained from beating their competitors might be enough to cover the inconvenience
- increase the efficiency of their operation
Sometimes, companies also create a join venture because both parties involved have infrastructure that complement each others. Rather than purchasing new assets, creating a joint venture might be a cheaper option.
- Reduce the Risk of the operation
Creating a joint venture will also cut of the percentage of the profit that each parties initially obtain. But, the risk from potential loss will also be divided between each parties involved in the joint venture.
Answer:
The Ohio State studies
Explanation:
A Leader is someone in a group that is straddled with the task of directing task-relevant group activities or, in the absence of a chosen leader, carrying the primary responsibility for performing the above functions in the group.
The Ohio's research/ studies carried out focus on Behavioral approach which was begun by researchers at Ohio State University. Its Leadership theory focus on the kinds of behavior engaged in by people in leadership roles and identified two major types which are consideration and initiating structure. Consideration as a type of behavior identified in the Ohio State studies are behavior showing mutual trust, respect, and a certain warmth and communication between the supervisor and group.
Answer:c. continue to operate her business, but in the long run she will probably face competition from newly entering firms
Explanation:
Monthly revenue = $4500
Monthly Variable costs = $1000
Monthly Revenue is higher than Monthly Variable Costs, Susan's catering business will earn an economic in the short run. SHE should continue to operating.
Susan will face competition in the long run because other firms will want to enter the market because of economics profits in the catering industry.
Answer:
The answer is
A.
accepting mistakes and rectifying them
Explanation:
