In the UK, it is estimated there are 22.36 million households, and collectively they pay approximately £2,938 million annually for electricity, assuming a 365-day year. Therefore, the total amount paid by UK households each year for electricity is £2,938 million.
Response:
Conveyer Pape ought to consider Foreign Direct Investment instead.
Clarification:
This strategy for growth involves an organization setting up operations in a foreign country by constructing new facilities or purchasing an existing one, as opposed to allowing others to operate under its brand for a fee (Licensing).
While this method can be costly due to the significant capital required, when it succeeds, the investment returns are much more rewarding than merely collecting a small licensing fee or royalty.
