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3 years ago

In order to build alliance management capabilities in small companies, it is recommended that firms take the ______ approach

Business

2 answers:

julia-pushkina [17]3 years ago

8 0

Answer:

non-equity alliance.

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Generally, a business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;

I. Mission.

II. Value.

III. Vision.

Hence, when you wish to build alliance management capabilities in small companies, it is highly recommended that business firms take the non-equity alliance approach.

A non-equity alliance approach can be defined as a contractual relationship between two or more organizations that are interested in achieving common goals and objectives by pooling their resources, capabilities and efforts together while respectively maintaining their organizational independence without creating a new corporation or equity entity.

Effectus [21]3 years ago

6 0

Answer:

Non - equality

<h2>Explanation : </h2>

In order to build alliance management capabilities in small companies, it is recommended that firms take the <em><u>non -equality</u></em> approach

hope it is helpful to you

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Which of the following is not a standard organizational structure

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Question Completion with Options:

i. Line Organisation

ii. Staff Organisation

iii. Functional Organisation

iv. Committee Organisation Code

Answer:

The option that is not a standard organizational structure is:

iv. Committee Organisation Code

Explanation:

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2 years ago

Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis

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Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 40,000 units of product were as follows:

Standard Costs - Actual Costs

Direct materials 120,000 lb. at $3.20 118,500 lb. at $3.25

Direct labor 12,000 hrs. at $24.40 11,700 hrs. at $25.00

Factory overhead Rates per direct labor hr., based on 100% of normal capacity of 15,000 direct labor hrs.:

Variable cost, $8.00 $91,200 variable cost

Fixed cost, $10.00 $150,000 fixed cost

Each unit requires 0.3 hour of direct labor.

A) Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (3.20 - 3.25)*118,500= $5925 unfavorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (120,000 - 118,500)*3.20=-$4,800 favorable

Total direct material variance= 5,925 - 4,800= 1,125 unfavorable

B)Direct labor efficiency variance= (SQ - AQ)*standard rate

Direct labor efficiency variance= (12,000 - 11,700)*24.40= -$7,320 favorable

Direct labor price variance= (SR - AR)*AQ

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Total direct labor variance= $300 favorable

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Fixed factory overhead volume variance= (10*15,000 - 150,000)= 0

Total factory overhead variance= 27,900 favorable

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