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The correct answer that would best fit the given statement above would be option D. The concept model is the most recognized model for explaining how concepts are formed. The conceptual model serves as a representation which is made of the concepts in order to assist the audience to know, understand and simulate a subject that the model represents.
Answer:
(3) Joint venture
Explanation:
Once a company has decided to enter the global marketplace, it must select a means of market entry. Four general options exist: (1) exporting; (2) licensing; (3) <u>joint venture</u>; and (4) direct investment.
Joint venture refers to <u>an association that occurs between two companies that are usually located in different countries, in which they combine marketing strategies in order to increase their revenues and enter the global marketplace.</u>
An example is the joint venture of General Motors–Suzuki. This "alliance" was <u>extremely beneficial for both companies</u>, as it allowed Suzuki to access both American and European markets, while General Motors employees learned important Japanese manufacturing methods.
Answer:
Limited convertibility
Explanation:
Limited Convertibility refers to a situation in which government regulations prevent the free conversion of the home currency into a foreign one. Because the government is only able to regulate currency transactions within its borders, foreigners are still able to trade the currency. Only residents are unable to convert a currency with limited convertibility.
Countries that are in the process of moving to a more open economy may need to open up currency restrictions in steps rather than all at once. This has been the case in the development of countries that once had centrally planned economies, as opening up domestic markets would subject the home market to foreign competition.
<span>This is also known as normal curve or the probability one can say for a fact that t each of the measure it depicts is because of a small amount of errors. It tells the importance of not ignoring errors whether positive or negative in a sample . It's usefulness and popularity can be traced as far back as between 1890-1895</span>
