It is a fact that alliances can contribute for up to _____ percent or more of the sales revenue of a typical firm.Select one:a.45b.35c.15d.25
Question
It is a fact that alliances can contribute for up to _____ percent or more of the sales revenue of a typical firm.
Select one:
- a. 45
- b. 35
- c. 15
- d. 25
Solution
Break Down the Problem
- Identify the question, which asks for the percentage contribution of alliances to the sales revenue of a typical firm.
- Analyze the options provided.
Relevant Concepts
- Understand that in business strategy, alliances can significantly impact sales and revenue.
- Familiarize with common statistics related to the contribution of alliances in various industries.
Analysis and Detail
- The typical range for alliance contributions to sales revenue can vary based on industry, but many sources suggest that strategic partnerships and alliances often contribute significantly.
- Based on available literature and industry studies, it's noted that many firms see contributions to their revenue from alliances in the range of 25% to 45%.
- The options provided in the question are:
- a. 45
- b. 35
- c. 15
- d. 25
Verify and Summarize
- Considering the industry data and benchmarks, it is reasonable to deduce that at least 25% of the sales revenue can be attributed to alliances.
- Hence, the most accurate representation of the contribution percentage based on typical findings would be in the range of 25% or higher.
Final Answer
The correct choice is a. 45, as alliances can contribute for up to 45 percent or more of sales revenue of a typical firm.
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