A Joint Venture is a specific type of strategic alliance in which the partners form a separate, independent organization for some business purpose.
An organization or organization is an entity, such as a company, institution, or association, made up of one or more people and having a specific purpose. The word comes from the Greek word organon, which means tool or instrument, instrument or organ.
The definition of organization refers to the act of putting things in logical order, an efficient and methodical approach to a task, or a formally assembled group of people. Clearing out your desk and putting all your papers in a logical place is an example of organization.
Learn more about organization here:brainly.com/question/19334871
#SPJ4
Rather than being just a random activity, good marketing requires thoughtful planning in determining appropriate actions to produce sound decisions. The most essential rule that company should follow is that there should be detailed and well-thought m<span>arketing plan so that it will have stable ground for developing and success.
Hope that helps!</span>
Answer:
a. 5 years
b. Yes they will because the payback period is 5 years.
Explanation:
a. Payback period
First calculate the annual cash inflow:
= Net income + Depreciation
= 66,500 + 28,500
= $95,000
The investment cost was $475,000
Payback period = Investment cost / Annual cash inflow
= 475,000 / 95,000
= 5 years
b. The company will purchase the games because they have a payback period of 5 years.
Answer:
taking an inventory of the special equipment, facilities, and systems needed for production.
Explanation:
