Explain alliances and joint ventures.
What will be an ideal response?
An alliance is any type of cooperative relationship among different firms. An international alliance is comprised of two or more firms from different countries. Some alliances are temporary; others are more permanent. A joint venture (JV) can be considered a specific type of alliance agreement under which two or more partners own or control a business. An international joint venture is comprised of two or more firms from different countries. Alliances and joint ventures can take a number of different forms, including cross-marketing arrangements, technology-sharing agreements, production-contracting deals, and equity agreements. In some instances, two parties may create a third, independent entity expressly for the purpose of developing a collaborative relationship outside their core companies. Alliances and joint ventures, like mergers and acquisitions, can pose substantial managerial challenges.
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The ______________________________ test runs a subset of the system in the actual production environment
Fill in the blank(s) with correct word
Leno, Inc Data for Leno, Inc for 2012 are presented below. Credit sales during the year $3,200,000 Accounts receivable--December 31, 2012 325,000 Allowance for bad debts--December 31, 2012 35,000 Bad debt expense for the year 20,000 Refer to the information given above for Leno, Inc What amount will Leno show on its year-end balance sheet for the net realizable value of its accounts receivable?
A) $305,000 B) $290,000 C) $280,000 D) $325,000
The "S" in the S.M.A.R.T. goals acronym stands for
A. specific. B. systematic. C. serious. D. scientific. E. self-set.
All of the following are true of Article II of the Uniform Commercial Code EXCEPT it
A. stipulates that the sales agreement can be enforced even though it does not specify the selling price or the time or place of delivery. B. requires that a buyer pay a reasonable price for goods at the time of delivery if the buyer and seller have not agreed on price. C. covers the sale of stocks and bonds, personal services, and real estate. D. addresses the rights of buyers and sellers, transfers of ownership, warranties, and the legal placement of risk during manufacture and delivery. E. covers sales agreements for goods and services such as installation.