There must be a<u> cordial relationship</u> and trust between two manufacturers in a business ecosystem working towards developing a new product for consumers.
<h3>What is a Business Ecosystem?</h3>
A business ecosystem is a deliberate commercial arrangement involving two or more organizations to develop and share a common value for consumers.
Every business ecosystem contains participants, and at least one of them serves as the controller. There must be a<u> cordial relationship</u> and trust between two manufacturers in a business ecosystem working towards developing a new product for consumers.
The primary advantage of adopting business ecosystems is to be better positioned, promote innovation, and maximize capital efficiency in order to produce customer value.
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Answer:
The Multinational strategy
Explanation:
The reason is that the strategy that includes the management of company that operates in a number of countries which includes its financial management and operational controls procedures in the other countries. The multinational organization always pursue multinational strategy because it faces greater number of risks and this strategy helps the country to manage the risks internationally. Lets take an example of a company that made investment in UK of $5 million which due to weakening of UK sterling is worth $4.5 million. Though the company made a great increase in profits but the risk of loss of the value investment is higher. So there are a lot of such types of risks that the company needs to manage. To manage risk of an multinational organization, the company uses Multinational strategy.
This statement is false because the Council of Economic Advisers was created in 1946 and consists of three members and a staff of several dozen economists.
<h3>How was the Council of Economic Advisers created?</h3>
The Council of Economic Advisers was established by Congress in the Employment Act of 1946. The portion of the bill that authorizes the Council is presented below: "There is hereby created in the Executive Office of the President a Council of Economic Advisers (hereinafter called the "Council").
<h3>Who is the head of economic Advisory Council?</h3>
Chairman. Bibek Debroy is the current chairman of the current EAC, appointed in 2017.
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Answer:
Explanation:
The reduction in the value of the asset due to a decrease in the fair value. It means when fair value of the asset lower than the book value of the asset then there is an impairment.
Amortized Cost / Book value = $40,000
Fair Value = $30,000
Debt investment is also impaired as its fair value is less than the amortized cost which is the book value.
Impairment Loss = $40,000 - $30,000
Impairment Loss = $10,000