"There are fewer close substitutes for the product your team supports" will improve your bargaining position with customers.
<u>Option: B</u>
<u>Explanation:</u>
Bargaining is the procedure which is preferred by citizens not only with street shops but it is famous internationally too, where defense, economic trade deal, etc are signed between two different nations to corporate and shake hand of unity. Bargaining is more effective when one allow seller to know that the party itself have more substitutes if the product is not provided by the seller in appropriate rate.
For an instance, if India need to buy some rolling defense helicopters for nation from Russia but prices are high and United States is providing same material with lower price or may be with better rewards on buying from them.
Answer:
A joint venture (JV) is not a partnership. That term is reserved for a single business entity that is formed by two or more people. Joint ventures join two or more different entities into a new one, which may or may not be a partnership.
Hope it helps
chill, hope you make good friends
Answer:
Memo for business promotion
Explanation:
To : Manager
From : Finance Officer
Subject : Actions for moving forward
The business meeting has been concluded successfully and minutes of the meeting is prepared in the document. The business needs to be moved forwards as there are many competitors entering in the market. The business need to focus on introducing new products which are demanded by the customer and allow some customization according to customer needs. The packaging of the products also needs to be revised as the presentation is also important for customer to make a buy decision. The business profits will increase and the sales will be high.
Further minutes of the meeting are attached with the memo.
Sign: Edward,
Answer:
9%
Explanation:
Given:
The net income = $12,000
Total equity = $40,000
Total assets = $80,000
Dividend payout ratio = 40%
Now,
Internal rate of return, r = 
or
Internal rate of return, r = 
or
Internal rate of return, r = 15%
and,
Retention ratio = 1 - Dividend payout ratio
= 1 - 0.40
= 0.60 or 60%
Now,
Growth rate = Retention ratio × Internal rate of return
or
Growth rate = 0.60 × 0.15
or
Growth rate = 0.09
or
Growth rate = 9%
