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Rzqust [24]
2 years ago
10

A top executive from Toyota sits on the boards of the Tomo Tire Co., which manufactures tires for Toyota automobiles. Toyota and

Tomo Tire Company trade with each other whenever possible and work together in product development, finance, and marketing. This is an example of _______.
Business
1 answer:
Likurg_2 [28]2 years ago
7 0

This given scenario is an example of keiretsu.

<h3>What is a Keiretsu?</h3>

This refers to the conglomerate of businesses that are linked together based on shared holdings and is a popular business term in Japan.

Hence, we can see that based on the given scenario about the business partnership between Toyota and Tomo Tires, they work together on product development, finance, and marketing. This is an example of a keirestsu.

Read more about Keiretsus here:

brainly.com/question/23874305

#SPJ4

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Ortega Industries manufactures 20,950 components per year. The manufacturing cost of the components was determined to be as foll
DedPeter [7]

Answer:

Increase in costs by buying= $11,300

Explanation:

Giving the following information:

Ortega Industries manufactures 20,950 components per year.

Direct materials $ 184,000

Direct labor 410,000

Variable manufacturing overhead 107,000

Fixed manufacturing overhead 290,000

Total of $ 991,000

This facility cannot be used for any other purpose.

An outside supplier has offered to sell the component to Ortega for $34.

We will not have into account the fixed MOH cost, because it exists in both options.

Make in house total cost= 701,000

Buy= 34* 20950= 712,300

Increase in costs by buying= 712,300 - 701,000= $11,300

5 0
3 years ago
Slapshot Company makes ice hockey sticks. During the month of June, 1,900 sticks were completed at a cost of goods manufactured
Alexxx [7]

Answer:

Answer is $135,000...

8 0
3 years ago
The average cost of tuition and room and board at a small private liberal arts college is reported to be $8,500 per term, but a
mojhsa [17]

Answer & Explanation:

The null hypothesis (H0) is what the study is trying to reject, is what the study wants to disprove. In this case, the financial administrator believes that the average cost of tuition and room is greater than $8,500. Then, he wants to statistically disprove that the average cost per term is equal to $8,500.

H0: average cost = $8,500

H0:μ=$8,500

The alternative hypothesis (H1) is the opposite, is what the financial administrator wants to prove: the average cost per term is greater than $8,500.

H1: average cost > $8,500

H1:μ>$8,500

3 0
3 years ago
Garrison Shops had a SUTA tax rate of 3.7%. The state's taxable limit was $8,000 of each employee's earnings. For the year, Garr
Ierofanga [76]

Answer:

Detailed solution is given below:

7 0
3 years ago
Which of the following best describes the consideration on the part of an insurer?
ehidna [41]

Answer:

B) The promise to pay in the event of a covered claim

Explanation:

The promise to pay in the happening of a covered claim apparently describes the promise to pay in the process of covered claim. In insurance matter of contracts, the insurer assures to pay for covered losses which the insured suffers and the insured promises to do what the contract says and pay the premium. Most non insurance contracts are fluctuating contracts. The amount of attention given by both parties are almost equivalent.

4 0
3 years ago
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