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Reil [10]
3 years ago
11

A small Canadian firm that has developed some valuable new medical products using its unique biotechnology know-how is trying to

decide how best to serve the European Union. Its choices are given below. The cost of investment in manufacturing facilities will be a major one for the Canadian firm, but it is not outside its reach. If these are the firm's only options, which one would you advise it to choose? Why?
a. Manufacture the product at home and let foreign sales agents handle marketing.
b. Manufacture the product at home and set up a wholly owned subsidiary in Europe to handle marketing.
Business
1 answer:
nasty-shy [4]3 years ago
8 0

Answer:

Correct Answer:

a. Manufacture the product at home and let foreign sales agents handle marketing.

Explanation:

For the small Canadian company, manufacturing the product at home (Canada) would afford them the opportunity to protect their new medical product from piracy. Also, they would be able to receive tax incentives from their government as well file for patent of their new innovation.

<em>The foreign agent would strictly be focused on the marketing of the finished product without having access to the detailed information of the product.</em>

You might be interested in
The intent of corporate advertising is to make sure that all of a company's products are seen in a common, positive manner. True
evablogger [386]

Answer:

False since the intent of corporate advertising is usually done to ensure that the perception of the company's image is positive.

Explanation:

Corporate advertising is usually done to ensure that the perception of the company's image is positive. The products under the corporation is not a priority in this case, rather its is the company as a whole that needs to be viewed in good light.

This kind of advertising forms part of the public relations techniques used by the company or institution to improve its public image. There are so many companies with different brands under them that utilize this advertising technique to improve their standing in the public eye. It is a way of making the company itself to be a brand by advertising the company as a package.

These companies always want to prove that they care more about the public than they care for the products, in this way they create the perception that the company is primary and anything else is secondary.

Cooperate advertising is majorly used in companies whose business activities have a negative effect to the public. Cooperation that engage in mining activities or activities that affect the environment are likely to utilize this form of advertising.

6 0
3 years ago
What federal agency is tasked with developing policies and procedures for emergencies that impact federal lands?
mariarad [96]
It can fall between Federal Emergency Management Agency (FEMA) or the U.S. National Guard (depends if the head of government for said state declared the are as in a state of emergency.<span />
3 0
3 years ago
What form of money has been used the longest and over the widest
lianna [129]

Answer:

the Cowry Shell

Explanation:

The Cowry Shell were being used in the world as early as 700 BC in China. It is considered durable. For many years, cowries shell were utilized as a means of exchanges over the areas such as India and Africa, southern Europe, and China.

However, alcohol and cattle have never served as a general means of exchange, only on a few occasions used as a trade by barter. While gold can be remade in a less original version using less expensive metals and painting.

Hence, in this case, the right answer is THE COWRY SHELL

4 0
3 years ago
Suppose that the government wishes to decrease the market equilibrium monthly rent by increasing the supply the housing. Assumin
Allisa [31]

Answer:

  • ,000 new apartments will make the equilibrium price = $1,500
  • 10,000 new apartments will make the equilibrium price = $1,000
  • 15,000 new apartments will make the equilibrium price = $500

Explanation:

<u>Rent</u>                                <u>Demand</u>                           <u>Supply</u>

2,500.00                        10000                               15000

2,000.00                         12500                               12500

1,500.00                         15000                               10000

1,000.00                         17500                                 7500

500.00                           20000                               5000

The equilibrium quantity is 12,500 apartments with a $2,000 rent per month. If the government wants to lower the equilibrium rent price by increasing the supply of apartments, then it must build:

  • 5,000 new apartments will make the equilibrium price = $1,500
  • 10,000 new apartments will make the equilibrium price = $1,000
  • 15,000 new apartments will make the equilibrium price = $500
8 0
3 years ago
On average, 35% of the sales on account are collected in the month of sale, 40% are collected in the month following sale, 10% a
stellarik [79]

Answer:

35% of sales(say $2,000,000) in April

$700,000

Explanation:

Step one :

Assuming that the sales made for April is $2,000,000

According to the conditions in which money is collected 35% of sales made for a month is collected for the month

For april the expected amount

=35/100*2,000,000

=$700,000

4 0
4 years ago
Read 2 more answers
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