The relationship-specific investments are investments that are worth more in the context of a specific business relationship.
<h3>What are relationship-specific assets?</h3>
The defining characteristic of relationship-specific assets is that they are more valuable when used in a relationship than when used alone. An example of this is when an upstream supplier invests in her product to make it more suited to the needs of the downstream consumer. By facilitating investment between purchasers and suppliers of intermediate goods that is relationship-specific, banks help the economy flourish.
Relationship investments are described by Williamson's transaction cost theory of 1985 as the extent to which assets are devoted to a specific relationship producing a lock-in scenario for the investing party in inter-organizational relationships. Meanwhile, the relationship-specific investments, in Crawford's words, are those "whose rewards depend on the continuation of the relationship."
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Answer: Eliminating the activities that do not add value
Explanation:
The operation management is basically refers to the business administration that perform various types of function in an organization.
It is responsible for increasing the efficiency of an organization which means that the company eliminating the various types of activities which does not add any type of values for organization.
It also involve the various types of planning process, coordinating, controlling and organizing all the company resources for producing the effective products and the services.
Therefore, The given answer is correct.
Answer:
the main part of ur question hasbeen left out so no one could help but i got a answer anyways
Explanation:
it's b
$7,322 + $2,635
= $9,957
Explanation:
The journal entries are as follows
On January 1, 2020
No entry is required
On December 31, 2020
Compensation expenses Dr $71,500
To Paid in capital - stock options $71,500
(Being the compensation expense is recorded)
On December 31, 2021
Compensation expenses Dr $71,500
To Paid in capital - stock options $71,500
(Being the compensation expense is recorded)
The computation is shown below:
= $143,000 ÷ 2 years
= $71,500
This is true. They don't necessarily have to be in the same industry however, but it certainly helps.