Answer:
A. joint diversification.
Explanation: Diversification by method of Joint Ventures, is a
Good way to diversify when it is
Uneconomical ( not economical from a single partner point of view) and risky to venture into it alone, the Puling power and competency of the two partners would provides more competitive strength and advantage. Foreign partners are needed for this kind of business ventures.
The answer is: satisfying customer needs and wants.
<h3>What Distinguishes Needs from Wants?</h3>
One of the most crucial tasks you must take when building a monthly budget is classifying your expenditures by "need" or "desire" status.
The distinction between a need and a want might vary from person to person, making it one of the hardest challenges. It is also simple to mistake requirements for wants if you have been accustomed to something to the point that it is difficult to imagine life without it.
You classify your expenditure on the budgeting worksheet as either needs or wants. By doing this, you may distinguish between the expenses that are absolutely necessary for your existence and well-being (what you need) and those that are only desirable but not necessary (wants).
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The business system or organization as a system refers to the structure that are interrelated substructure such as production, sales, marketing etc. They all are connected with each other.
<h3>What is a system? What is its characteristics?</h3>
A system is a set of activities that are organized in a specified manner and followed by an organization in order to achieve the pre-determined goals.
System refers to the grouping of interdependent components or departments in one link for the achievement of the specific objective. For example- coordination among the sales, production or personal department as by their properly interaction, a firm can function effectively and profitably.
In any organization, all the departments must interact or coordinate with each other.
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Example when a person goes to a dentist he use the services of the dentist and returns with a relief. In the process he does not get any physical commodity but still he has consumed a service. Core goods providers provide a significant service component as part of their businesses.
The American Marketing Association defines services marketing as an organisational function and a set of processes for identifying or creating, communicating, and delivering value to customers and for managing customer relationship in a way that benefit the organisation and stake-holders.
Whereas American business embodies individualism, achievement, competition, and informality, Mexican business stresses collectivism, continuity, cooperation, and formality.
American business is a business of entrepreneurship, and corporations, together with responses by consumers, critics, and government.
In broader context, it is a major part of the Economic history of the United States which focuses on specific business enterprises.
Mexico is expected to continue to be a drawing for the industry of mobility. Successfully doing businesses rely heavily on understanding Mexico’s unique business culture.
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