C. Strategic channel alliance is a marketing channel arrangement is especially good for a firm to use in global marketing where the creation of marketing channel relationships is expensive and time consuming.
When you are in a strategic alliance or strategic partnership, you have an agreement between one another for objectives to be accomplished but still operating as independent entities. When one company partners with another company, knowledge and resources are usually gained to where one or both parties benefit.
Answer:
The product is composed of mass produced homogenous units.
Explanation:
Process costing is utilized when there is a large production of products that have similar features. In process costing the cost of each product produces is equivalent to the cost of other products. Example of products that undergo process costing include:chemicals, processed foods, textiles, paper, oil refinery, soap.
In process costing, the finished product gotten from each stage becomes the raw material of the next stage till the last stage of completion.
The production of product in process costing is continuous and the final product derived from the production process is as a result of a sequence of processes.
Answer:
2.5 units per hour
Explanation:
Given that,
Total output = 1,000 tires per day
Labor = 400 hours per day @ $12.50 per hour
Raw Material = 20,000 pounds per day @ $1.00 per pound
Energy = $5,000 per day
Capital = $10,000 per day
Labor productivity per labor hour:
= Total output ÷ Total labor hours
= 1,000 ÷ 400 hours per day
= 2.5 units per hour
Answer:
conceptual skills
Explanation:
Conceptual skills are skills developed by an individual which helps them to understand complex issues and creatively develop a solution or solutions that will successfully deal with the situation. It is a skill that helps in finding solution to difficult situations using innovative approach. People with such skill are considered valuable especially in the field of management. Someone with conceptual skills must have ability or skills in critical thinking, decision making, paying attention to details, etc.
Answer:
Therefore the new account balance is $9428.47
Explanation:
Given that:
Peggy Andrews has a charge account at Davis Jewelers, which uses the unpaid-balance method of computing finance charges.
The periodic rate = 1.75%
Andrews’ previous balance = $9,472.08
Andrews credit payments = $250
Andrews new purchases = $45
To get the unpaid balance, we subtract Andrews credit payments from her previous balance.
Therefore the unpaid balance = $9472.08 - $250 = $9222.08
Periodic rate = 1.75% of unpaid balance = 0.0175 × $9222.08 = $161.39
The new account balance = unpaid balance + periodic rate + payments and credits = $9222.08 + $161.9 + $45 = $9428.47
Therefore the new account balance is $9428.47
