A strategic alliance is a partnership in which two or more companies (often from different countries) join together and share the risk and costs in order to undertake a major project. Although the parties still operate as separate entities they have a partnership to accomplish their goals. These are mutually beneficial to all involved, collaborating together, but maintaining their own business allows them to both succeed.
Answer:
A) Forecasting models
Explanation:
Forecasting models -
It is the method of making prediction of the future , based on the data of the present and the past , and by analyzing the trends .
For example , the estimation of some variable of interest at for some future date .
Uncertainty and risk are the center of the forecasting , it is a good practice , which indicates the degree of uncertainty to forecasts .
Hence , from the data of the question , the correct answer is Forecasting models .
Answer:
The answer is B.
Explanation:
The simple circular flow model is also known as two-sector circular flow of income model and the the two sectors are firms and households. There is no government sector or foreign sector.
It assumes that households spend all their income on goods and services produced by firms while the firms spend their income on factors of production (labor, land etc.) which are owned by households.
Therefore, total income received by households will be equal to the dollar value of all goods and services produced.
Answer:
Total cost= $114,800
Explanation:
Giving the following information:
Direct materials $ 6.80
Direct labor $ 4.30
Variable manufacturing overhead $1.60
Sales commissions $ 1.20
Variable administrative expense $ 0.45
Unitary variable cost= $14.35
<u>Total cost for 8,000 units:</u>
Total cost= 14.35*8,000= $114,800
Answer:
$114 unfavorable variance
Explanation:
Austin produced 510 chairs:
estimated machine hours actual machine hours
2,040 hours 2,100
estimated variable overhead actual variable overhead
$11,016 $11,130
the variable overhead efficiency variance is $11,016 - $11,130 = -$114
a negative number means that the variable variance is $114 unfavorable
