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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.

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Answer:

B. Public relations

Explanation:

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2 years ago
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3 years ago
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________ reports assists managers in planning and polciy formulation. The reports shows areas of growth or concentration. A. Cos
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Answer:

The correct answer is letter "B": Information.

Explanation:

Information reports provide managers with valuable data that allows executives to make decisions. The data portrayed to managers is usually brief including key points of the current company's performance and numerical data such as percentages or ratios. Informational reports in most cases are feeds of earnings, profits, costs, and corporate losses.

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