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klio [65]
3 years ago
6

Riytiz Corp. and Tenkriz Corp. are two industrial developers. They plan to combine their funds, finances, risks, and expertise t

o build the Opobip Bridge. This bridge is said to connect two states that are not connected by a highway. In this scenario, the venture between Riytiz Corp. and Tenkriz Corp. would be called a:
Business
1 answer:
hammer [34]3 years ago
5 0

Answer:

Strategic alliance.

Explanation:

Is an agreement between two entities to pool their resources for achieving a common business goal. Are co-operative relationships between two or more independent organisations, designed to achieve mutually beneficial goals for as long as is economically viable.

There are two types of strategic alliance, horizontal and vertical. The ways to enter in a strategic alliance are a joint venture, an equity participation or a non equity.

The reasons for a strategic alliance could be:

- Gaining an access to a restricted market.

- Ganing a foothold in new market.

- Increase the speed of development of new products.

- Maintain leadership position.

- Leverage upon the benefits like economies of scale, lower costs.

- Gain market power.

- Gain access to know-how.

- Pool resources to fund large capital intensive projects.

- Gaining competitive advantage against competitors.

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Factors that cause the rivalry among competing sellers to be weak include: Group of answer choices slow growth in buyer demand a
Airida [17]

Answer:

slow growth in buyer demand, weakly differentiated products among rival sellers.

Explanation:

There a number of causes that relate to the firms rivalry among its competitors.

1. Barriers to entry.

2. Bargaining power of the buyers.

3. Bargaining power of the suppliers.

4. Threat of substitutes.

5. Slow industry growth.

6. Lack of differentiation and switching costs.

7. Diverse competitors.

8. High strategic stakes.

7 0
3 years ago
Personal finance skills have the most significant impact on an individual's
ryzh [129]

Answer:

Quality of life.

Explanation:

Financial skills can be defined as those skills that are used to tackle an unpredictable financial situation. It requires knowledge and understanding to manage such situations. Using these skills one is able to turn this tough situation in favor of ownself.

Such skills are used in the professional line by accountants, financial analysts, etc.

<u>Having personal financial skills helps in enhancing the quality of life. Having financial skills in personal life helps in many things such as savings, bargaining, able to distinguish between what they need and what they want, etc</u>.

So, the correct answer is quality of life.

7 0
3 years ago
What is the most important responsibility of project manager
Delicious77 [7]
Leading,Controlling/Measuring Evaluating and Correcting. ,Planning,and Organizing
8 0
3 years ago
The journal entry to record the purchase of materials on account is a(n)
Pani-rosa [81]
Raw Materials Inventory $XX Accounts payable
8 0
3 years ago
The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The r
Nata [24]

Answer:

Total cost for Job 9-1005 = $ 5,085

Explanation:

Calculation for total cost for Job 9-1005

Direct materials

Q-4698          $1,250

Q-4725          <u>$1,000</u>

<u>Total Direct material cost = $ 2,250</u>

Direct labor

W-3393          $ 600

W-3479          $ 450

W-3559          <u>$ 300</u>

<u>Total direct labour Cost = $ 1,350</u>

add: Overhead cost 110% of total direct labor cost: $1,350×110%= $1,485

Total Cost on Job is: $2,250+$1,350+$1,485 = $5,085

5 0
3 years ago
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