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Paraphin [41]
3 years ago
12

What is a joint venture? Multiple Choice an effort in which one firm grants access to its patents and trademarks for a fee an ar

rangement where one firm contracts with another to produce products to its specifications an arrangement by which one firm provides management to another firm an arrangement in which one firm contracts with another to operate a business under an established name according to specific rules a cooperative effort among two or more organizations that share a common interest in a business enterprise or undertaking
Business
2 answers:
horrorfan [7]3 years ago
7 0

Answer: a cooperative effort among two or more organizations that share a common interest in a business enterprise or undertaking

Explanation: Defining a cooperation as a joint venture requires that two or more individuals, groups or cooperation who share a common interest come together to undertake a business enterprise with capital generation, profit sharing and loss incurred being shouldered by the partnering group. This business enterprise is usually different from existing businesses owned by the cooperating groups or partners, that is, the association has no affiliation whatsoever with any pre-existing or existing business projects.

natali 33 [55]3 years ago
5 0

Answer:

A cooperative effort among two or more organizations that share a common interest in a business enterprise or undertaking.

Explanation:

A joint venture is defined as a business agreement where two or more parties pool their resources together to achieve a common goal. Usually profits and losses are shared equally among the parties unless there is an agreement to share otherwise.

The joint venture is an independent entity that is seperate from its owners. That means any liability of the joint venture is not binding on the parties involved.

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An electronics company makes communications devices for military contracts. The company just completed two contracts. The navy c
Lelechka [254]

Answer: See explanation

Explanation:

a. Calculate the productivity for navy and army contracts in units produced per labor hour.

Based on the information given, for the navy contract, the total man hours to make 3380 devices will be:

= 34 × 40 × 2

= 2720 hours

Therefore, the devices per man hour will be:

= 3380/2720

= 1.24 devices per labor hour.

For the army contract, the total man hours to make 7480 devices will be:

= 44 × 40 × 2

= 3520 hours

Therefore, the devices per labor hour will be:

= 7480/3520

= 2.125 devices per labor hour

b. On which contract were the workers more productive?

The workers were more productive on the Army contract as they produced more devices per labor hour.

6 0
3 years ago
The journal entry for recording payment for the short-term lease of a fixed asset would?
wlad13 [49]

The finance lease is the journal entry can be created by debiting the lease asset account and crediting the lease liability account. The amount of lease asset or lease liability recorded in this journal entry is the fair value of total lease payments.

Because short-term leases are not capitalized, no depreciation expense on the right of use asset or finance cost on the lease liability is recognized. Payments on short-term leases are expensed by the less on a straight-line or other systematic basis.

Debit the appropriate fixed asset account and credit the capital lease liability and account with the amount.

To learn more about asset here

brainly.com/question/14826727

#SPJ4

3 0
2 years ago
During the summer months Terry makes and sells necklaces on the beach. Last summer he sold the necklaces for 10$ each and his sa
aliina [53]

Answer:

$13.00

Explanation:

7 0
4 years ago
Over the last two years, an american clothing company has partnered with a manufacturer in china to make clothes at a cheaper co
Trava [24]

The mutual benefit that the American Clothing Company derives by partnering with a Chinese Manufacturer comes because <u>E. It is</u> an example of counter-trading ...

<h3>What is Counter-trading?</h3>

Counter-trading occurs when goods or services are exchanged for other goods or services rather than for hard currency.  It is a reciprocal form of international trade in which, for example, the American Clothing Company brings in its technology while the Chinese Manufacturer provides cheap labor and other resources.

<h3>Answer Options:</h3>

A. It is a strategic alliance in which two countries share the risks and rewards of starting a new enterprise together in a foreign country.

B. It is a wholly owned subsidiary in which a foreign subsidiary is totally owned and controlled by an organization.

C. It is a greenfield venture in which owning the organization has been built from scratch.

D. It is an example of a franchise in which a company allows a foreign company to pay it a fee and a share of the profit in return for using the first company’s brand name and a package of materials and services.

E. It is an example of counter-trading in which the country is bartering for goods.

Thus, the counter-trade between these companies is mutually beneficial because of <u>Option E</u>.

Learn more about counter-trading at brainly.com/question/14659049

6 0
3 years ago
You will always be able to see or smell a chemical hazard situation true or false
SOVA2 [1]
False, you won't ALWAYS be able too. 
3 0
4 years ago
Read 2 more answers
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