The answers are as follows:
1. When Peter Metcalf describes black diamond manufacturing facility in China as 'greenfield project', he means that BLACK DIAMOND BUILT THE PLANT AND OWNS IT COMPLETELY. Of all market entry strategies, this one carries the HIGHEST risk.
A greenfield project refers to a new facility or industrial plant that is built in a location where no such facility exist before. This means that such companies are usually the first of its kind in that environment. Such investment usually involves huge amount of money and other resources as the company has to build from scratch up. This type of market entry is considered to be very risky because it involves a lot of money and all this could be lost if things don't work out as planned.
2. The following advice should be given to Peter, Thomas and Wim:
I. Recruit local people to work as sale people and distributors.
II. Research what people with annual income of less than US $1,500 really need.
III. Assign Research and Development the project of developing gears that meet the basic needs for warmth and dryness but can be manufactured inexpensively.
Since these three people intend manufacturing for people of lower income in the society, they have to take the above listed steps in order to reduce the amount of money spent during the production process and distribution period so that they will be able to make profits from the venture.
Answer:
increases as the price falls
Explanation:
A. increases as the price rises
B .at $8.00 a DVD is 8 DVDs a month
C. at $6 a DVD is less than the quantity demanded at $8.00 a DVD
D. increases as the price falls
E .at $6.00 a DVD is 4 DVDs a month
According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
As price decreases, quantity demanded increases
Answer:
B) both curves would shift to the right.
Explanation:
The long-run aggregate supply (LRAS) curve will shift to the right because the production costs will decrease, increasing total production output and lowering prices.
The production possibilities frontier (PPF) will also shift to the right because more production output increases total supply, and that increases the production possibilities of the country.
Answer:
correct answer is Strategic allies
Explanation:
Strategic allies is a arrangement between 2 or more than 2 organization for undertaking mutual beneficial projects even both retain their independence.
as they have less complex than a joint venture
and for improving their product and development competitor in the market , they can enter into a strategic alliance
so as that both organizations can work on common coal with benefit
so correct answer is Strategic allies
Answer:
Millions of software programs have been created and have helped to improve the economy. This is an
example of___new technology___.
