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7 0

Black Friday is the largest shopping day in the USA. Together with Cyber Monday three days later, it marks the start of Christmas shopping and many Americans start decorating for Christmas and shopping.

Many people visit parents or other relatives during Thanksgiving, which often means a trip, and they therefore do not work on Fridays, but can, for example, engage in shopping. A number of American online stores offer cheaper goods these days and then also target customers outside the United States. Many stores open early, some as early as midnight, others at 5 or 7 in the morning, and close late, for example at 11 p.m.

Although Black Friday is not an official day off in the United States, all schools and many workplaces are closed, to enable a four-day holiday with Black Friday as a so-called squeeze day.

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B. real-options perspective.

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Based on the scenario being described within the question it can be said that this approach to strategic alliance is referred to as a real-options perspective. This perspective refers to the ability of an individual or company to have the freedom to choose between logical financial options in capital investments in order to try and make the best choices and decisions. Which is what Elegance Inc. did when they saw that the company they were supporting was most likely to fail due to their unforeseen problem.

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