A legal firm has a retainer with a financial services firm to provide legal counsel and other services to the company. This is an example of <u>a complementary partner.</u>
A complimentary partnership is what?
Each participating business has its own clientele and marketing methods. You can each push messages to your respective audiences that advertise your partner's business through a complimentary alliance.
Developing complementary alliances is one of the keys to realizing your potential and succeeding.
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Answer:
1) operation management
Explanation:
Operation management -
It refers to the people in the administration of any company or organisation , who are responsible to produce the best level of efficiency within the company or organisation , is referred to as operation management .
The team of operation is responsible to balance the costs with the revenue , in order to get the best profit as possible .
Hence , from the given scenario of the question ,
The correct option is 1) operation management .
When a bank holds a minimum amount as reserves as required by law, this is the <u>required reserves. </u>
<h3>What are required reserves?</h3>
These are a certain percentage of every deposit made into a bank that they are to keep as reserves and not loan out.
These reserves are to ensure that the bank still has some money to pay out to depositors even in the event of financial crises. They are also useful in government monetary policy.
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The government is the one responsible in regulating the monopolies in order to protect the consumers' interests. They can grant a patent or a public franchise to a company making them the exclusive and legal producer of a certain goods and/or services.
Answer:
Monopoly
The profit that Monopoly makes per hour is:
= $1,876.
Explanation:
a) Data and Calculations:
Direct labor costs:
Step 1, 20 seconds at $15 per hour = $5
Step 2, 15 seconds at $15 per hour = $3.75
Total 35 seconds at $15 per hour = $8.75
Direct materials cost $5
Variable cost per game = $13.75
Fixed cost per game = (500 * 35/60) = $292.00
Total cost of production = $305.75
Revenue (120 * $20) = $2,400
Variable cost per hour = 24 ($13.75 * 60/35)
Fixed cost per hour = 500
Total cost per hour = $524
Profit per hour = $1,876