Through ________, a local firm purchases the right to use a company's processes and brands in a service business

A) indirect exporting
B) contract manufacturing
C) joint ownership
D) franchising
E) direct investment

D

Business

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General Motors' executives work for a short time in some dealerships, and some dealership owners work in GM's dealer policy department. This strategy helps the company avoid conflicts with its dealers. This is an example of the ________ strategy

A) employee exchange B) dual compensation C) joint membership D) co-optation E) diplomacy

Business

Process A has fixed costs of $1000 and variable costs of $5 per unit. Process B has fixed costs of $500 and variable costs of $15 per unit. What is the crossover point between process A and process B?

A) 50 units B) 200 units C) $2,500 D) $5,000 E) $9,500

Business