What is a strategic alliance? What is the relationship between a joint venture and a strategic alliance?
What will be an ideal response?
A strategic alliance is a business arrangement whereby two or more firms choose to cooperate for mutual benefit. A joint venture is a type of strategic alliance in which two or more firms join together to create a new business entity that is legally separate and distinct from its parents.
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Which of the following types of interface is the ideal for inexperienced users, requiring no special skills?
A) dialog box B) natural language C) command D) question and answer
In February, Ira Roth, Public Accountant, accepted $500 in cash from a customer in exchange for a tax return he promised to prepare in April. Which of the following statements is true?
A) Ira has earned $500 in February. B) Ira has a $500 liability in February. C) Ira does not need to record anything in February. He can wait until April. D) Ira has to record Cash of $500 in April when the return is prepared.