Answer:
joint venture
Explanation:
Traditionally, Starbucks has depended on a model of the franchise to expand globally. However, when it comes to India, another approach was taken by the coffee chain. It allied with Tata Group to creat a joint venture.
A joint venture (JV) is a business deal where 2 or more parties agree to pool their money for a particular task to be accomplished. This role can be a new project or any other operation of the business.
order taker
What is order taker?
An order taker is a specific category of salesperson who takes orders for goods and commodities but who makes no efforts to boost current sales, raise the frequency of orders, or acquire new clients. Order takers are not expected by the firm to convince customers to buy its items; instead, they are just responsible for recording and taking customer orders and relaying the information to the appropriate parties inside the organization.
In order to get specific information about customers' demands and needs, the company also expects order takers to be accurate and precise. An order taker has obligations to the customer in addition to the business.
Learn more about order taker with the help of given link:-
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Answer:
The correct answer is B. $14,500
Explanation:
According to the accounting concept, the machines cost includes all those cost which is related to the machine like - purchase cost of machine, installation cost of machine, insurance cost,etc.
So,
Total cost of machine = Purchase cost of machine + installation cost of machine + insurance cost
= $10,000 + $4,000 + $500
= $14,500
Hence, the total machine cost is $14,500 which is to be recorded in the financial statements.
Thus, the correct answer is B. $14,500
Answer:
The private cost for an individual of a liter of gasoline in Europe is 4.75
Explanation:
Private cost is a supplier's or producer's cost of providing goods and services without any external cost.
Private cost = 0.50 + 1 + 0.75 + 2.50
= 4.75
Therefore, The private cost for an individual of a liter of gasoline in Europe is 4.75