Pyro Electronics was the only supplier of Torin Auto, and both companies wanted to do more business together. Pyro Electronics worked on its total quality management system and acquired more business, while Torin developed a just-in-time inventory management system to deliver goods timely to Pyro Electronics. Pyro Electronics and Torin have developed a ________.
A. strategic partnership
B. hierarchical relationship
C. functional relationship
D. market exchange alliance
E. relational partnership
Answer: A
You might also like to view...
The boys in my class got ________ into a heap of trouble
A) theirself B) theirselves C) themself D) themselves
Merati Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the beginning of the year to calculate predetermined overhead rates: FormingAssemblyTotalEstimated total machine-hours (MHs) 5,000 5,000 10,000Estimated total fixed manufacturing overhead cost$28,000$10,500$38,500Estimated variable manufacturing overhead cost per MH$1.80$2.60 During the most recent month, the company started and completed two jobs--Job B and Job L. There were no beginning inventories. Data concerning those two jobs follow: Job AJob LForming machine-hours 3,400 1,600Assembly machine-hours 2,000 3,000Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments.
The manufacturing overhead applied to Job B is closest to: A. $32,670 B. $34,560 C. $25,160 D. $9,400
Which of the following are associated with bear markets? I. investor pessimism II. rising profits III. economic slowdown IV. rising security prices
A) I and III only B) II and III only C) I, II and III only D) II, III and IV only
What is the next number in the following series: 5, 15, 45, 135,?