The answer is Joint Venture. It is the agreement or the business arrangement of two or more companies that agrees to share resources for a specific purpose without loosing their identities. The companies will share expenses, looses and profit associated with the venture but their other business interest will remain separate.
Answer:
c. determining how managers are performing against prior year's operating results.
Explanation:
Management compare actual performance against planned goals to enable them evaluate deficiencies in the actual performance which can give directions to areas that should be improved upon. Moreover, comparing actual performance and planned goals expose deficiencies in the system which management would take into consideration when making future plan hence eliminate unplanned expenditures.
Again, there is also identification of priorities to accomplish objectives when actual performance are compared against planned goals.
Answer:
The answer is "Option C"
Explanation:
Please find the complete question in the attached file.
Its market to economics remained constant, while the market demand increased because the supply increasing will cause amounts to decline but salaries to rise.
Its same reverse relationship refers to the market for products and services. As demand rises and supply continues to increase, its greater supply will result in higher balance prices or conversely. It supply-demand rising but dropping until a reasonable price is reached.
Answer:
Computing, Analysing & Comparing : 'Benefit' of projects per unit 'Cost' incurred.
Explanation:
Cost Benefit Analysis is used to ascertain Benefit of a decision with regards to its cost. The decisions might be various : investing in a project, hiring a labour etc. The cost & benefits of the decision are measured in 'net present value', as costs / benefits (specially) might be scattered over a long period of time, & they need to be adjusted for price change then.
Benefit - Cost Ratio (as per Cost Benefit Analysis) : =
<u>Total Benefit in Net present value</u>
Total Cost in Net present value
If a project / decision has higher Benefit - Cost ratio, it provides more benefit per unit of cost & vice versa in case of low Benefit - Cost ratio. A project with high Benefit - Cost ratio would be preferred over the one having lower benefit - cost ratio.
