For which of the following reasons have large pharmaceutical companies been forming alliances with biotechnology companies?
a. To evade legislative restrictions on drug research in the United States
b. To develop new products and bring them to market
c. Because both firms had declining profitability and needed cash infusions from other firms
d. In order to gain absorptive capacity
Answer: b. To develop new products and bring them to market
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Short message service (SMS) is different from multimedia messaging service (MMS) in that:
a. SMS allows 960-character text messages, while MMS allows 160-character text messages. b. SMS is designed specifically for viewing and navigation on mobile devices, while MMS does not have such features. c. SMS does not allow the attachment of images, videos, and ringtones to text messages, while MMS allows. d. SMS does not require Internet, while MMS requires Internet for functioning.
What are conversion costs? In determining equivalent units of production, why are conversion costs calculated separately from direct materials?
What will be an ideal response