What are three of the strategic alliances companies may choose to minimize the risk of uncertainty in global markets?

What will be an ideal response?

• Joint ventures
• Licensing
• Consortia

Business

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Up-a-Creek, Inc., needed some long-term financing and arranged for a 6-year, $60,000, 12% mortgage loan on January 1, Year 1. Annual payments of $14,594 will be made on December 31 each year. For each item, select the amount as of or for the Year Ended December 31, Year 1, in the column of the one financial statement where each amount is found. What is Notes Payable?

A. $(14,594); Statement of Cash Flows (financing activities section) B. $(7,200); Income Statement C. $52,606; Balance Sheet D. $(7,200); Statement of Cash Flows (operating activities section) E. $45,406; Balance Sheet F. $(7,394); Statement of Cash Flows (financing activities section) G. $60,000; Balance Sheet H. $(7,394); Income Statement I. $(14,594); Income Statement

Business

The principle that protects corporate directors from personal liability for acts performed in good faith on behalf of the corporation is known as the

A. Clean hands doctrine. B. Full disclosure rule. C. Responsible person doctrine. D. Business judgment rule.

Business