At the beginning of Year 2 , Benson Company had beginning inventory of 150 units that cost $200 each. During Year 2, Benson made
two inventory purchases. Purchase 1 consisted of 500 units at a ost of $210. The second purchase consisted of 350 units that cost $220 each. Assuming Benson uses weighted average cost flow and sells 700 units of inventory during Year 2, the amount of ending inventory would be
some of the firm's proprietary know-how may be appropriated by the foreign partner.
A strategic alliance is a type of cooperative strategy where few resources or capabilities advantage are combined by companies.
A cross border alliance is a strategic alliance where some resources and capabilities of the organizations having their headquarters in different countries are shared. This type of alliance helps companies to gain relevance even in outside markets but a major disadvantage of this alliance is that foreign partners will be appropriated some of the company's proprietary know-how. The risk can only be reduced by entering into a cross-licensing agreement
This use of technology aids in BMW's <u>"relationship marketing"</u> efforts to interact in an ongoing basis with its customers.
Relationship marketing refers to a type of marketing that shifts focus far from deals exchanges to accentuate consumer satisfaction. It alludes to a short-term arrangement where both the purchaser and dealer have an enthusiasm for giving an all the more fulfilling trade. This methodology endeavors to disambiguiously rise above the straightforward post-purchase exchange process with a client to reach by giving a progressively all encompassing, customized purchase. Consequently, relationship marketing utilizes this experience to make more stronger ties between buyer and seller.
In traditional savings account, you can withdraw money whenever you need it without a financial penalty. In online savings account, link to traditional or online checking accounts and you enter your banks routing number and account number on the application. You can also transfer money between linked accounts with online savings. (hope this helps:)