Question

Tania, bakes cakes for a living. Her recipes are so well liked that her company has...

  1. Tania, bakes cakes for a living. Her recipes are so well liked that her company has grown dramatically. Recently she sold the right to manufacture her cakes to a firm in Europe. Which of the following ways of entering into the global marketplace is Tania's company using?

    A.

    exporting

    B.

    licensing

    C.

    joint ventures

    D.

    franchising

1 points   

QUESTION 11

  1. Mindful Maids, a housecleaning services firm, has completed a SWOT analysis as part of its ongoing strategic planning process. Which of the following findings is an “Opportunity” for Mindful Maids?

    A.

    The management team of Mindful Maids is the best in the industry.

    B.

    The number of people hiring cleaning services has fallen off recently because of a recession.

    C.

    Mindful Maids' competitors do not use environment-friendly products.

    D.

    Mindful Maids has fallen behind in staff training over the last few years.

1 points   

QUESTION 12

  1. Which of the following is the most liquid asset?

    A.

    certificate of deposit

    B.

    checking account

    C.

    stocks

    D.

    bonds

Homework Answers

Answer #1

10.

ans: C, joint ventures

Its akind of business arrangement used by two or more parties to ensure their resources for the purpose of a particular task

exporting means the products made in our coutry and it was exchanged with other countries with intention of expanding business

licencing means giving permission to run a business firm or anything else that is legal

franchise is a method used to expanding the curret business through giving sub shops

11.

ans:A, the management teams of mindful maids is the best in the industry

The other three options highlight the negatives of house cleaning service firm so option A is considered to be an oppurtunity for them

12.

ans :B, balance in checking account is considered as money and is the current asect for any companies

other options are also assects but comparitievely option B is considered to be the most liquid assect among the following

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