Answer: joint venture
Explanation:
Since Luca doesn't have a lot of money to invest in this overseas expansion, his best option for a market entry strategy would be the joint venture.
A joint venture refers to a form of business whereby two or more parties come together and then pool their resources together in order for them to accomplish a certain task. In this case, the other party can come up with the fund which will be required for the business expansion.
Answer: Insurance premium
Explanation:
<span>The discount rate is the interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility--the discount window. :)</span>
The function in a reverse logistics process that takes used goods from customers and distributes them to the production process or to distributors and retailers is the returns processor.
<h3>What is reverse logistics?</h3>
In order to recapture value and put a stop to the product's lifespan, reverse logistics is the set of operations that are carried out following a sale. Usually, this entails sending a product back to the maker or distributor, or sending it somewhere else for repair, recycling, or servicing.
Reverse logistics, on the other hand, refers to any process that is carried out after a product has been sold. When a product is determined to be flawed, for instance, it is returned to the manufacturer for inspection, testing, repair, disassembly, recycling, or appropriate disposal.
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Answer: Franchise
Explanation: Franchise is a type of business by which the owner of a commodity attains supply through affiliated sellers.
In this case, a company authorizes its practical knowledge, techniques, mental power possession, use of its company prototype, trademark and rights to sell its branded commodities and services to another company or individual, typically called a franchisee.
Also, the franchisee pays certain payments while concurring to comply with certain responsibilities usually set out in a franchise treaty.