1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex17521 [72]
3 years ago
8

After developing a computer locking system, Caffrey Computer Corp. worked out a licensing deal with Chicago Desktop (a potential

competitor) to sell the lock with every computer. This agreement is an example of _____.
Business
1 answer:
Vika [28.1K]3 years ago
3 0

Answer:

<u>A Strategic Alliance</u>

Explanation:

A Strategic Alliance refers to a combined effort or activities of two firms so as to strengthen their market position and yet at the same time maintain their individual separate corporate existence.

It represents a mutually beneficial agreement between two corporate firms under which, terms are less binding and stringent than a joint venture.

The purpose behind such an alliance could be, expansion, product line improvement or together gain a competitive advantage.

Such an alliance helps both businesses achieve a common goal driven by mutual assistance and pooling of resources.

In the given case, the tie up between Caffery computer corp. and Chicago desktop to sell computer locking systems alongside computers, would be termed a strategic alliance, since such an arrangement would benefit both, reduce competition for each with collective gain w.r.t market share.

You might be interested in
Crane Company produces two models: Model 24 has sales of 300 units with a contribution margin of $40 each; Model 26 has sales of
pantera1 [17]

Answer:

Effect on income= 50*50= $2,500 increase

Explanation:

Giving the following information:

Model 26 has sales of 150 units with a contribution margin of $50 each.

To calculate the effect on income, we need to use the following formula:

Effect on income= number of units*unitary contribution margin

Effect on income= 50*50= $2,500 increase

3 0
2 years ago
Shelton, Inc., has sales of $20 million, total assets of $18.2 million, and total debt of $9.1 million. Assume the profit margin
Verizon [17]

Answer:

$1,800,000

Explanation:

Shelton incorporation has sales of $20,000,000

Total assets is $18.2 million

Total debt is $9.1 million

Profit margin is 9%

Therefore the company net income can be calculated as follows.

= sales × profit margin

= 20,000,000 × 9/100

= 20,000,000 × 0.09

= 1,800,000

Hence the company net income us $1,800,000

3 0
2 years ago
A----- is a plan in which an individual balances available resources and expenses.
Simora [160]

A<u> "budget"</u> is a plan in which an individual balances available resources and expenses.


Budgeting is the essential way that you can take control of your accounts. Basically, a budget is a composed arrangement for how you will spend your cash. You can make a month to month or a yearly spending plan. The budget enables you to settle on money related choices early, which makes it less demanding to cover every one of your costs consistently. Budgeting reliably can enable you to turn your accounts around and start to fabricate riches.

3 0
3 years ago
Read 2 more answers
Which document should a job seeker send with a résumé to a potential employer?
anygoal [31]

Answer:

c). cover letter

Explanation:

A cover letter is a formal letter or document that a job seeker sends to a potential employer together with a resume. The letter details the positions that the vacant applicant seeks to fill. The cover letter or job application letter accords the applicant the opportunity to market themselves to the employer.

In the cover letter, a job seeker states why they are the best candidate for the position. Applicants use the cover letter to convince the employer to hire them.

6 0
3 years ago
Read 2 more answers
Anthony is 17 years of age and attending college in Maine. One day, while skiing he breaks his leg and is taken to the emergency
Liono4ka [1.6K]
Himself I believe. Unless. Something made him fall -proper gear, slopes, borrowed equipment- if none of these are acquired then it would be himself because no one is at fault other than himself... hopefully this is right?

Good luck!
5 0
3 years ago
Read 2 more answers
Other questions:
  • What type of relationship do two people who work the same job share?
    11·1 answer
  • What are dividends?
    6·2 answers
  • Which compression type causes audio files to lose (typically unnoticeable) quality?
    11·1 answer
  • If an employee in a hospital does not follow the hospital's written standard of care and a patient is injured, the __________ is
    11·1 answer
  • Selected accounts with some amounts omitted are as follows Work in Process Oct. 1 Balance 23,900 Oct. 31 Finished goods X 31 Dir
    14·1 answer
  • The _____ was/were enacted to restore confidence in financial reporting and business ethics after the accounting scandals of the
    11·1 answer
  • The 5 C's of credit include: I. Collateral and Capacity II. Conditions, Capital and Consideration III. Collateral and Credit Sco
    6·1 answer
  • An employee earns $5,550 per month working for an employer. The FICA tax rate for Social Security is 6.2% of the first $127,200
    13·1 answer
  • Dan signs a check payable to Eagle Investors, Inc., and gives it to Eagle, leaving the amount blank but authorizing Eagle to fil
    14·1 answer
  • Recently, u. S. Dairies, struggling to increase milk sales, tried to change the way adults thought about milk. The dairies wante
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!