Answer:
Joint venture
Explanation:
A joint venture is a form of business entity that involves two or more people coming together to create the entity for the purpose of business. In a joint venture, the parties share ownership of the business, they also share the profits (returns) and losses of the venture. In addition, the parties share the leadership and governing of the venture. Most joint ventures are established for the purpose of accessing emerging markets, by combining resources and assets to achieve this.
In almost every developed nation today, it is true that (more than half) are college students.
Answer:
CD: 41,500
Bonds: 49,500
Explanation:
Base on the information we are given, we can create an equation system:
The total investment in bonds and certificates of deposit totals 91,000
and the amount investment on bonds are 8,000 higher than Certificates of deposit
<u>We replace the bonds of the second equation on the first equation:</u>
CD + (CD + 8,000) = 91,000
<u>And solve for certificates of deposits</u>
2CD = 91,000 - 8,000
CD = 83,000/2 = 41,500
<u>Now, we replace the CD on the second equation</u>
Bonds = CD + 8,000
Bonds = 41,500 + 8,000 = 49,500
Answer:
The second step in the strategic-management process is an <u>assessment of the current reality.</u>
Explanation:
In order for management to carry out an assessment, they must have an objective view of what the organization is really doing.
Management can use the following tools to perform a correct assessment:
- SWOT analysis
- forecasting
- benchmarking
- Porter's industry analysis model