Answer: The options are given below:
A. Both firms can behave opportunistically towards one another to keep the other from gaining competitive advantage.
B. Both firms can achieve competitive advantage over one another, even if they are operating in the same product market, by using each other's most valuable resources.
C. One firm can gain competitive advantage by taking advantage of its partner's resources and giving its partner less valuable resources.
D. Partnering with another firm in a strategic alliance and trading valuable resources enables both firms to further develop their products or markets to gain competitive advantage.
The correct option is D.
Explanation: A strategic alliance is a business agreement that two or more companies come together in order to undertake a project that will be beneficial to all the involved parties, while each retains its independence.
This kind of agreement is not as complex and much less binding as a joint venture, where businesses pool together their resources in order to create a separate business entity.
A strategic alliance will help a company remain relevant because the companies, will through this alliance, increase their customer base, have access to new technologies, diversify their products and services, and even reduce overhead and administrative costs, as they offer top quality service to their customers. In this way, the companies involved in the agreement companies will get an edge over their competitors.
Essence between two parties
Answer:
Answer for the question:
Joe Runyan is the owner of a dry-cleaning company in Kansas City called Hangers. They specialize in eco-friendly dry-cleaning, friendly off-beat customer service with strong ties to the local community, and at-home pickup and drop-off services. In 2009, Proctor and Gamble opened a storefront in Kansas City that also uses eco-friendly materials, has a drive-through for pickup and drop-off, and offers slightly cheaper services. Hangers’ Strategy by the Numbers 2009: 10 storefronts, 6 vans, 35 employees, 0 community outreach events, $0 spent on community 2010: 10 storefronts, 6 vans, 35 employees, 0 community outreach events, $0 spent on community 2011: 5 storefronts, 10 vans, 35 employees, 4 community outreach events, $20,000 spent in contributions to local schools 2012: 4 storefronts, 11 vans, 35 employees, 4 community outreach events, $25,000 spent in contributions to local schools.
Constructing a central message.
is given in the attachment.
Explanation:
Answer:
The correct answer is number (1): summarizes the firms revenues and expenses over an accounting period.
Explanation:
The Income Statement is a report that examines the financial performance of a business over a given period. In compliance with Generally Accepted Accounting Principles (GAAP), publicly traded companies will report income statements, balance sheets and cash flow for each quarter and year.
<em>A company's Income Statement shows revenues, expenses and net profits for both operating and non-operating activities</em>.
Answer: 6.0 million shares
Explanation: Six million shares would be the current number of shares of treasury stock after the transaction indicated above have all been accounted for. The treasury stock is defined as the issued stock of an incorporated company held by the company itself and the total issued stock for a company equals the sum of outstanding stock and treasury stock. When an incorporated company reissues treasury stock for more than it originally paid for the stock, it does not report a gain.
Given this, Treasury stock (shares held by the company) would be equal to 6.0 million shares