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dem82 [27]
3 years ago
10

Binary Corporation and Coda, Inc., two software firms, wish to combine their research and development capabilities to make a spe

cial, limited edition computer game. The appropriate legal entity for this project is most likely
Business
1 answer:
Vika [28.1K]3 years ago
3 0

Answer:

A joint venture

Explanation:

A joint venture is a type of business arrangement where two or more parties agree to bring together their resources for the achievement of a common goal. It is a strategic partnership which is formed on shared objectives.

Because these two firms have agreed to combine their research and development capabilities to make a special, limited edition computer game, they have agreed to form a joint venture.

You might be interested in
If a monopolistically competitive firm raises its price, it a. loses all of its customers (sales drop to zero) as your answer lo
borishaifa [10]

Answer:

c. loses some, but not all, of its customers as your answer loses some, but not all, of its customers

Explanation:

In a monopolistically competitive product is a product that has competition in the market, but that are not quite the same product, meaning they can´t be exactly replaced by a cheaper or different brand, when a company like that rises its prices, it eventually ends up loosing some clients, but not all, because of the loyal clients and those that can´t or won´t change brands, a good example of a monopolistically competitive firm, would be Apple, which has a loyal base of costumers that eventhough prices of apple products have been rising are still loyal, they are loosing some customers to other brands but not all of them.

8 0
3 years ago
Corporate strategy for a diversified or multi-business enterprise chiefly concerns the development of a strategic vision a set o
harkovskaia [24]

Answer:

Corporate Strategy

Corporate strategy for a diversified or multi-business enterprise:

"concerns strategy initiatives to establish business positions in different industries, whether to hold or divest from existing businesses, strategic actions to boost the combined performance of the set of businesses the company has diversified into, and how to capture cross-business synergies, and then turn them into a competitive advantage."

Explanation:

Corporate strategy is concerned with market growth, stability, and organizational renewal.  The purpose of corporate strategy is to achieve greater profitability, higher market share, and sustainable growth in revenue through product and market diversification. A corporate organization, in trying to grow, engages in business restructuring, establishing strategic partnerships, and achieving organizational excellence.  These activities emanate from corporate strategic planning.

6 0
3 years ago
"A customer who has his primary residence in Colorado, has a vacation home in Montana. An intrastate offering is being made in t
harina [27]

Answer:

the customer is prohibited from buying these securities

Explanation:

In the situation being described the statement that would be true is that the customer is prohibited from buying these securities. This is because intrastate offerings are security offerings that can only be purchased in the state in which it is being offered in and only by permanent residents of that state. Seeing since the customer in this scenario has his permanent residence in Colorado and not Montana, then he cannot purchase this offering.

6 0
3 years ago
When a classified balance sheet is prepared, merchandise inventory is:
adell [148]

Answer:

The correct answer is (C) Reported as a current asset.

Explanation:

The current asset, also called a current or liquid asset, is the asset of a company that can become liquid (become money) in less than twelve months. For example, bank money, stocks, and financial investments.

We can also understand the current asset as all those resources that are necessary to carry out the day-to-day activities of the company. It is known as current because it is a type of asset that is in continuous movement, can be sold, used, converted into liquid money or delivered as payment without too much difficulty.

8 0
3 years ago
Accounting systems that use standards for product costs are called budgeted cost systems. True False
Yuri [45]

Answer:

False.

Explanation:

Accounting systems that use standards for product costs are standard cost systems.

In Financial accounting, various business firms or companies use the standard cost systems to determine the variances or differences between the actual (real) cost of goods produced and the estimated cost for the goods that were produced by the company.

Hence, standard cost systems are used by business firms or companies as a strategic tool or technique for the management and control of costs, budget planning, and analyzing cost management performance at a specific period of time.

7 0
3 years ago
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