Answer:
Explanation:
Sales revenue to be reported - $1,000,000
Warranty expense - $40,000
Unearned warranty revenue - $12,000
Cash = 1,000,000+12,000 = $1,012,000
Warranty liability - $40,000
Answer:
Hire temporary employees to work on specific projects.
Explanation:
Human resource management is the process by which a business effectively manages its manpower needs to meet its organisational goals at a reduced cost to the business.
It involves the various strategies used to hire employees to meet business needs in a cost-effective way.
The construction division has a highly seasonal workload, with fewer projects in the winter than in the summer. Also, different expertise is needed for different kinds of buildings. So hiring a permanent workforce is counterproductive as they will be paid when there is no work to be done. The best strategy is to hire temporary workers. Also there is need for specialised staff to work on specific projects.
Answer: a strategic channel alliance
Explanation: In simple words, strategic alliance refers to a business arrangement in which two organisations combine their resources for their mutual benefits.
Under such an arrangement two organisation agrees to combine their activities and efforts for a particular objective but still remain independent as two separate entities.
Such alliances are generally evident in situation where companies wants to exploit foreign markets. Hence from the above we can conclude that the arrangement between general mills and nestle is a strategic alliance.
