Author Question: Assuming total cost for a direct channel of 100,000 and an average gross margin on sales of 25, the ... (Read 58 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?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

For a complete list of videos, visit our video library