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disa [49]
3 years ago
8

Which situation best illustrates the concept of absolute advantage?

Business
2 answers:
Anika [276]3 years ago
6 0

Answer: a French shop produces more wooden clocks than its competitors

Explanation:

A P E X

loris [4]3 years ago
4 0

Answer:

D. A French shop produces more wooden clocks than its competitors.

Explanation:

Just got it right on my quiz!

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Forming a joint venture with an existing foreign company offers all of the following advantages excepta.providing control over p
natka813 [3]

Answer:

The correct answer is the option C: Requiring less commitment from all parties involved in the joint venture.

Explanation:

To begin with, the name of "joint venture" in the field of business refers to the method and strategy whose process consists of incorporating two or more parties into one only form of company with the final purpose of increasing the sales of every party included in the agreement and doing that by different ways. Moreover, generally this strategy has its focus on the fact of entering a new market or acquiring new management that will come with more resources and more. So that is why that it brings a lot of advantages as stated in the case presented but absolutely not less commintment from every party involved in it.

3 0
3 years ago
Lionel works for an energy company interested in drilling for oil off the coast of a small island. The representative for the lo
arsen [322]

Answer:

Rochelle:

Rochelle because Because her oil company is safer than Lionel because if there were an oil spill the damage would be huge and it would damage the fish while if they take on Rochelles's idea, they can keep the fish healthy and happy.

3 0
3 years ago
4. Which of the following is a communication technique used to address a negative situation and (1 point)
sveticcg [70]

Answer:

Confrontation

Explanation:

Confroning a person is better than talking in publoc due to lots of People listening

3 0
3 years ago
Read 2 more answers
Without specifics, a goal isn't very_____.<br><br> motivating<br> accurate<br> needed<br> useful
Vlad1618 [11]
Accurate. PLEASE GIVE ME BRAINIEST
6 0
3 years ago
Four companieslong dash—​A, ​B, C, and Dlong dash—have revenues of​ 1, 2,​ 3, and​ 4, respectively. Company C develops a BCG Mat
AVprozaik [17]

Answer:

If all the four firms have same net income then RMSP for company C will be 0.30.

Explanation:

The BCG matrix (Boston Consulting group's product portfolio matrix) is used for doing strategic planning for long-term. It looks into how business growth will be possible by looking at portfolio of products and then decides where to invest, or which product to discontinue. It says that if the market share of the product is higher, it would be more beneficial for the company.

In the given problem, all the four companies A,B,C,D have revenues 1,2,3,4 respectively. We calculate Relative market share or RMSP by subtracting a company's market share from 100 to find the percentage it does not control. So, RMSP for Company C would be 0.30.

7 0
3 years ago
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