« previous next »

Author Question: Assuming total cost for a direct channel of 100,000 and an average gross margin on sales of 25, the ... (Read 57 times)

cookcarl

  • Hero Member
  • *****
  • Posts: 539
on: Jun 29, 2018
Assuming total cost for a direct channel of 100,000 and an average gross margin on sales of 25, the sales volume needed to cover these costs would be:
 a. 2,500,000.
  b. 25,000.
  c. 75,000.
  d. 400,000.
  e. 250,000.

Question 2

Why would a firm choose to enter a market through a joint venture?


aruss1303

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

Joint ventures involve a foreign company joining with a local company. Joint ventures are a preferred international entry mode for emerging markets. In developing countries, it is typical for joint ventures to take place between an international firm and a state-owned enterprise; in this case, the company's partner is the local government. This almost assures instant access and preferential treatment within the country.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

The effective temperature, or black body temperature, of the Sun (5777 K) is the temperature a black The effective temperature, or black body temperature, of the Sun (5777 K) is the temperature a black
Average Normal Blood Pressure Readings Average Normal Blood Pressure Readings
Average household size Average household size
Total Fitness and Wellness, Brief Edition, 4th Edition Total Fitness and Wellness, Brief Edition, 4th Edition
What is the total number of valence electrons in a silicate ion, SiO32-? What is the total number of valence electrons in a silicate ion, SiO32-?
In 2000, the average charge of tax preparation was 95 . Assuming a normal distribution and a ... In 2000, the average charge of tax preparation was 95 . Assuming a normal distribution and a ...
Video: ETC Protein Complexes & Chemiosmosis (Total ATP Production and ATP Synthase)

For a complete list of videos, visit our video library