Answer: Option (C)
Explanation:
From the given case/scenario, we can state that Cisco and Tata have entered into strategic alliance. Where a strategic alliance which is also referred to as strategic partnership is known as an agreement in between either two or more organization/parties in order to to pursue the sets of objectives while also remaining and working as an independent organization. Strategic alliance usually at times tend to fall short of legal agency, partnership entity or the corporate affiliated relationships.
Answer:
b. Directory listings
Explanation:
Directory listings -
It refers to the method of advertising , where the previous information of the consumers are used in order to provide them information about some new product or plan , is referred to as the directory listing .
It is a very inexpensive method of advertising .
And a particular group of consumers are targeted while promoting the goods and services .
Hence , from the given information of the question ,
The correct answer is b. Directory listings .
Answer:
1. In a Perfectly Competitive Market firms will always copy the products of other firms to make profit which will drive down the Profitability of the original firm. If firms in a Perfect Competition engage in Research and Development for new products and Technology, they would be incurring a massive expense on their part because such undertakings are not cheap. Were they to succeed and come up with a new product, that Product would be copied within a short period of time by their competitors who did not put up the amount of Investment that the original company did. This is what firms in Perfectly Competitive Markets are trying to avoid.
b. Government Intervention in the form of enforcing Patents, Copyright Protection and Intellectual Property will be needed. If firms can be sure that when they come with a new product, their rights to it will be protected in such a way that they make enough returns from it, they will engage in these R&D endeavors to be able to have an edge over their competitors in the market.
Answer:
A. will harm its reputation for years.
Explanation:
<u>In 2009 , Toyota recalled over 11 million cars</u> to work on its accelerator pedals that stuck to floor mats and could lead to unplanned acceleration. Following this period, Toyota had been trying to gain back its lost goodwill and convince customers of the quality of its cars.
Then <u>about 2 to 3 years later, Toyota recalled about 7.4 million vehicles</u> to fix problems with its power window switches that could lead to a fire.
These quality issues will surely cost Toyota and harm its reputation for years.
