Agreements between two or more independent firms to cooperate for the purpose of achieving common goals such as a competitive advantage or customer value.
Answer: Option D.
<u>Explanation:</u>
Strategic alliance is the alliance of two or more firms or companies with each other. This alliance has been formed by tow or more companies with each other in order to achieve common goals.
But this does not mean that these firms and companies will give up their independence in forming their alliance. The goals for forming this is to earn profits and get access to the market.
Answer:
<em>The</em><em> </em><em>best</em><em> </em><em>definition</em><em> </em><em>for</em><em> </em><em>conclusion</em><em> </em><em>is</em><em>.</em><em>.</em><em>.</em><em>.</em><em> </em><em>the</em><em> </em><em>end</em><em> </em><em>if</em><em> </em><em>if</em><em> </em><em>something</em><em> </em><em>or</em><em> </em><em>it</em><em> </em><em>i</em><em>s</em><em> </em><em>about</em><em> </em><em>to</em><em> </em><em>end</em>
<em>Hope</em><em> </em><em>this</em><em> </em><em>helped</em>
Accounts payable - <u>Accurately tracking what's owed to suppliers, ensuring payments are properly approved and processing </u><u>payments</u><u>.</u>
<u>
</u>
Accounts receivable - <u>The balance of money due to a firm for goods or services delivered or used but not yet paid for by customers.</u>
Answer:
50% share.
Explanation:
Given:
There are only three firms in a market.
The largest firm has sales of $500 million.
The second-largest has sales of $300 million.
The smallest has sales of $200 million.
Question asked:
The market share of the largest firm is ?
Solution:
As we know:
Total sales of the largest company = $500 million.
Total sales of the market = Sales of largest firm + Sales of second largest firm+ Sales of smallest firm
Total sales of the market = $500 million + $300 million + $200 million
= $1000 million
Therefore, the market share of the largest firm is 50%.
Answer:
Instructions are below.
Explanation:
Giving the following information:
Each unit of output requires 0.07 direct labor-hours. The direct labor rate is $8.70 per direct labor-hour. The production budget calls for producing 6,000 units in February and 6,500 units in March.
We need to determine the total direct labor hours needed for each month.
February:
Total direct labor hours= 6,000*0.07= 420 hours
Total direct labor costs= 420*8.7= $3,654
March:
Total direct labor hours= 6,500*0.07= 455 hours
Total direct labor costs= 455*8.7= $3,958.5
