A hybrid strategy that combines the advantages of level and chase strategies, enabling firms to select options that influence both the demand and supply of their products, is a ______ strategy.

A. product
B. mixed
C. dual
D. collaborative


B. mixed

Business

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To enter the European market, Starbucks joined in a cooperative venture with Bon Appetit Group A.G. in Switzerland. Bon Appetit has the recognized brand name, and Starbucks has the product and the expertise to run coffeehouses

This is an example of a(n) ________. A) direct investment B) franchise agreement C) backward invention D) strategic alliance E) expropriation agreement

Business

On January 1, Year 1, Mahoney Company borrowed $177,000 cash from Sun Bank by issuing a 5-year, 8% term note. The principal and interest are repaid by making annual payments beginning on December 31, Year 1. The annual payment on the loan equals $40,950.What is the amount of principal repayment included in the payment made on December 31, Year 1? 

A. $37,674 B. $40,950 C. $26,790 D. $14,160

Business

New knowledge involves the continual interaction between ________ and ________ knowledge.

A. detailed; tacit B. tacit; explicit C. intellectual; pragmatic D. theoretical; practical

Business

A member of a manager-managed LLC who is not a manager owes no fiduciary duty of loyalty or care to the LLC or its other members.

Answer the following statement true (T) or false (F)

Business