Author Question: Assuming total cost for a direct channel of 100,000 and an average gross margin on sales of 25, the ... (Read 64 times)

cookcarl

  • Hero Member
  • *****
  • Posts: 539
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
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
 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

For a complete list of videos, visit our video library