Gerald is assessing global entry strategies for his gourmet sandwich business. He does not want to take a lot of risk and he is willing to limit his control of international stores. Gerald will likely use a(n) __________ strategy.
Select one:
a. direct investment
b. franchising
c. exporting
d. joint venture
e. strategic alliance
Answer:
b. franchising
Explanation:
For a food business like a gourmet sandwich business, the best global entry strategy Gerald will likely take that involves low risk and limit in control of international store is franchising strategy.
Franchising, which involves a contract that allows one company to use the brand and concept of another company, guarantees getting customers and retention of customers. The image of the product offered would be created in current and potential customers
.
Answer:
$200,000
Explanation:
As we know that
The net income is the income that is generated when we deduct all expenses incurred from all revenues generated that is reflected on the income statement
In mathematically,
Net income = Revenues earned - expenses incurred
= $450,000 - $250,000
= $200,000
Agreements between two or more independent firms to cooperate for the purpose of achieving common goals such as a competitive advantage or customer value.
Answer: Option D.
<u>Explanation:</u>
Strategic alliance is the alliance of two or more firms or companies with each other. This alliance has been formed by tow or more companies with each other in order to achieve common goals.
But this does not mean that these firms and companies will give up their independence in forming their alliance. The goals for forming this is to earn profits and get access to the market.
Answer:
The Answer is A) True
Explanation:
The marginal cost of production and marginal revenue are economic measures used to determine the amount of output and the price per unit of a product that will maximize profits. A rational company always seeks to optimize its profit, and the relationship between marginal revenue and the marginal cost of production helps to find the point at which this occurs. The point at which marginal revenue equals marginal cost maximizes a company's profit.
Cheers!
The correct option is D.
To progress in life and to achieve one's desires one has to set short and long term achievable goals which will drive one toward one's desires.
The goals should be very specific and it must has a time frame, it must be an achievable goal whose achievement will drive you towards achieving a greater one.<span />
