Answer:
A joint venture is an attractive way for a company to enter a new industry when:
a firm is missing some essential skills or capabilities or resources and needs a partner to supply the missing expertise and competencies or fill the resource gaps.
Explanation:
A joint venture is the pooling of resources by two or more companies in order to execute a particular project. Some of the advantages of entering into a joint venture with another company include: gaining new capacity and expertise, entering related businesses or new geographic markets, securing access to modern technology, increased access to resources - including expertise and technology. Joint ventures last as long as the project for which it is set up lasts. The arrangement does not call for the dissolution of the joint venturers. Instead, their separate businesses would continue to run separately from the joint venture, which becomes a separate entity until the accomplishment of the task.
Answer:
$40
Explanation:
Total costs are comprised of total variable costs plus total variable costs. i.e., total costs = variable cost +fixed costs
in this situation,
$10,000 = $6,000 + fixed costs
Fixed costs = $10,000 -$6000
fixed costs = $4000
Average fixed cost is the fixed cost divided by total output
=$4000/100
= $40
The assembly line is a classic example of the<u> job rotation</u> job design.
Explanation:
<u>Job design</u> can be defined as the technique that defines the contents of the job,methods that used for carrying the job ,relationship that should exist between the job holder and the supervisor
There are 4 types of Job Design :
- Job Rotation
- Job Simplification
- Job Enlargement
- Job Enrichment
<u></u>
<u>Job Rotation:
</u>
It is the method of job design which is helps to overcome the problem of boredom. Job rotation means shifting/moving an employee from one department to another. It is through a job rotation technique a employee performs different jobs but, the nature of the job remains the same
Answer:
Loan forgiveness is a program in which student loans are all or partly written down, as long as a candidate fulfills certain requirements. In nations where students must finance their education with student loans, loan forgiveness programs are designed to help make college more accessible for people who are willing to do a little bit of extra work.
