sue holloway was an accountant in 1944 and earned $12,000 that year. her son, josh holloway, is an accountant today and he earned $210,000 in 2017. suppose the price index was 17.6 in 1944 and 218.4 in the current year. refer to scenario 24-1. in real terms, sue holloway's income amounts to about what percentage of josh holloway's income? a. 65.2 percent b. 70.9 percent c. 11.0 percent d. 114.7 percent

When providing employment becomes the primary reason for government spending, the following happens:

Increased national debt is the result when providing employment becomes the primary reason (the end instead of the means) for government spending.

The budget deficit is increased when providing employment becomes the primary reason (the end instead of the means) for government spending.

There is a scarcity of capital for investment when providing employment becomes the primary reason (the end instead of the means) for government spending.

Government spending, increased national debt, and budget deficits are all symptoms of the fact that the government is focused on employment as its primary objective. As a result, investment capital is scarce, and the economy suffers.

To know more about government spending refer here

https://brainly.com/question/29801591#

#SPJ11

A $1,200 charitable contribution for a person who itemizes his deductions and is in the 25% tax bracket would normally result in a reduced tax bill of $300. This is because the individual would be able to deduct the full amount of the contribution from their taxable income, thereby reducing their overall tax liability.

When an individual makes a charitable contribution, they are allowed to deduct the value of the contribution from their taxable income. This reduces their overall tax liability, as they are only taxed on the remaining portion of their income.
For example, if an individual earns $50,000 per year and makes a $1,200 charitable contribution, their taxable income would be reduced to $48,800 ($50,000 - $1,200). If they are in the 25% tax bracket, this would result in a tax savings of $300 ($1,200 x 0.25).
It is important to note that in order to claim a deduction for charitable contributions, the individual must itemize their deductions on their tax return. This means that they must forego the standard deduction and instead list out all of their deductible expenses, including charitable contributions, medical expenses, and mortgage interest.
In summary, a $1,200 charitable contribution for a person who itemizes his deductions and is in the 25% tax bracket would result in a reduced tax bill of $300. This is because the contribution would be deductible from the individual's taxable income, reducing their overall tax liability.

for more such questions on tax.

https://brainly.com/question/27300507

#SPJ11

The correct statement is that all of the options are correct when it comes to the capabilities of a firm, which include managerial skills, organizational skills, and the deployment of resources.

A firm's success is largely dependent on its ability to manage resources, including human, financial, and physical assets. The development of effective management and organizational skills are essential to achieving this. The deployment of resources is also a critical aspect, as it involves the allocation of resources to maximize efficiency and effectiveness.

Ultimately, a firm's capabilities determine its ability to adapt to changing market conditions, innovate, and achieve sustainable competitive advantage. Therefore, the development and cultivation of these capabilities is crucial for a firm's long-term success.

Learn more about capabilities of a firm https://brainly.com/question/30225076

#SPJ11

An increase in interest rates generally has a negative effect on investment. When interest rates increase, it becomes more expensive for businesses to borrow money to invest in capital projects or expand their operations.

As a result, they may be less likely to invest in such projects, leading to a decrease in investment. In addition, when interest rates increase, it becomes more attractive for individuals to save their money in interest-bearing accounts instead of investing it in stocks or other assets, as they can earn a higher return with less risk. This decrease in demand for stocks and other assets can also contribute to a decrease in investment. Overall, an increase in interest rates tends to reduce the level of investment in an economy.

Learn more about investment,

https://brainly.com/question/15353704

#SPJ4

Fine goods company and global sales corporation enter into a contract that does not specify the payment terms. payment may be made in contract.

Under these circumstances, both Fine Goods Company and Global Sales Corporation will need to agree upon the payment terms before any payment can take place.

Generally, the payment terms will include the amount to be paid, the payment due date, the method of payment, and any other conditions that may apply. The two parties should discuss and negotiate the terms of the payment and then document these details in the contract. Once agreed, the terms should be included in the contract and both parties should sign the contract to make it legally binding.

If the payment terms are not agreed upon prior to signing the contract, the parties may agree that the payment terms will be determined at a later date. However, the contract should include an indication of when the payment terms will be finalized and by whom. The contract should also indicate that the payment terms must be in compliance with all applicable laws and regulations. Without an agreed upon payment terms, no payment can be made.

To know more about payment terms:

https://brainly.com/question/3835048

#SPJ11

Success in innovation depends on rapid learning and fast response to what has been learned.

Rapid learning and fast response to what has been learned are the most important factors in the success of innovation. Innovation is a complex process that involves a lot of experimentation and trial and error. The ability to learn from these experiments quickly and make the necessary changes is what determines the success of an innovation.

Killing bad ideas quickly is also important for the success of innovation. This is because innovation involves a lot of experimentation, and not all ideas will work out. The ability to recognize and discard bad ideas quickly allows you to focus on the ideas that have the most potential. Extensive market research is also important for the success of innovation. This is because market research helps you understand the needs and wants of your target market, and this information can be used to develop products and ideas that are tailored to those needs and wants.

In conclusion, the success of innovation depends on rapid learning and fast response to what has been learned. Innovation is a complex process that involves a lot of experimentation and trial and error. The ability to learn quickly from these experiments and make the necessary changes is what determines the success of an innovation.

Learn more about Success in Innovation at https://brainly.com/question/30295894

#SPJ11

Pam's remaining basis in her partnership interest is $28,050. Since Pam’s basis in the partnership before the distribution was $27,900 and her share of the partnership’s debt was $0 ($33,300 - $14,500 = $18,800 is less than her partnership interest), she only takes into account her basis in the partnership. Since the partnership has no other liabilities, her basis in the partnership interest equals to her basis in the distributed property ($46,100).

Pam would calculate the remaining basis by subtracting the adjusted basis in the distributed property from the basis in her partnership interest before the distribution. The adjusted basis in the distributed property is calculated as follows: Adjusted basis in distributed property = Basis in the partnership – liabilities allocated to the distributed property Adjusted basis in distributed property = $46,100 - ($14,500 / 2) = $39,850

Therefore, Pam’s remaining basis in the partnership is: Remaining basis = Basis in partnership - Adjusted basis in distributed property Remaining basis = $27,900 - $39,850Remaining basis = -$11,950However, since the basis cannot be negative, Pam would take a basis equal to zero in the partnership, and Pam's capital gain is $46,100.

To know more about partnership interest refer here:
https://brainly.com/question/29657353#

#SPJ11

The defining characteristic of long-run economic growth is rising productivity.

Defining characteristics:

Characteristics are the features or attributes that define something, and in this case, the term "defining characteristic" is used to refer to the qualities that differentiate between short-run and long-run economic growth.

These characteristics may include, among other things, rising productivity, stable prices, sustainable investments, and other factors.

Long-run economic growth refers to an increase in the production capacity of an economy that lasts for an extended period of time. It is characterized by the growth of the economy's productive capacity, which, in turn, leads to increased output and an improvement in living standards.

Rising productivity is a defining characteristic of long-run economic growth. As economies become more productive, they can produce more goods and services, which translates into higher levels of output and higher standards of living. Productivity growth is thus essential to long-run economic growth.

High rates of inflation, business cycles, and other factors, on the other hand, are associated with short-run economic growth, which is characterized by temporary increases in output due to factors such as increased demand or favorable conditions in specific sectors of the economy.

To learn more about productivity, refer below:

https://brainly.com/question/30333196

#SPJ11

The firm would be willing to pay up to $25 to hire the first security guard in order to minimize the net cost of warehouse thefts.

In order to minimize the cost of warehouse thefts, an electronics manufacturer has decided to hire security guards. The firm wants to hire security guards at the minimum cost to reduce the number of warehouse thefts. The company will incur a loss of $25 per stolen electronics part, so the company should minimize the number of parts stolen.

They should hire security guards to ensure that the company's losses are minimized. They must find a balance between the cost of hiring the security guard and the savings they will receive from reducing the number of parts stolen.

The company should pay the security guard a maximum of $25 to prevent the loss of one electronics part. It implies that the maximum cost of a single security guard would be $25 in order to minimize the cost of warehouse thefts. So, the maximum amount the firm would be willing to pay to hire the first security guard would be $25.

Learn more about security guard and warehouse thefts here:

brainly.com/question/30022026

#SPJ11

This best describes income fraud. Income fraud occurs when an individual misrepresents or falsifies their income in order to obtain a loan or other financial benefit.

In this case, borrower kitty is modifying her W-2 in order to get her loan application approved so that she can purchase a new condo for herself.

She is willfully misrepresenting her income in order to get a loan, which is an instance of income fraud. Revenue fraud is a serious act with serious repercussions, including the possibility of criminal prosecution.

In order to avoid engaging in any fraudulent activity, it is crucial for people to be honest and genuine while submitting information to lenders.

To know more about fraud,

https://brainly.com/question/1260589

#SPJ4

The opportunity cost of producing 3 hats is 1 sweater.

At the point at which it is currently producing, Britain must give up the production of 75 hats to produce 25 additional sweaters. Therefore, to produce one additional sweater, the cost of 3 hats must be sacrificed. The opportunity cost of producing 3 hats is 1 sweater. Thus, the opportunity cost of producing one hat is 1/3 sweater.

In economics, opportunity cost is defined as the value of the next best alternative forgone as a result of making a decision. It is the cost of the next best alternative foregone.

To learn more about opportunity cost: https://brainly.com/question/13874201

#SPJ11

Two different types of staff work at a halfway house. One group is primarily involved in activities that are custody-oriented, whereas the case managers and counsellors take care of helping residents develop a plan to live independently.

A halfway house, also known as a sober living home, is a community of people in recovery who have completed primary care and are working on developing long-term recovery skills.

Halfway houses are generally large, communal homes that serve as an intermediate phase for individuals who are ready to return to society. Many halfway houses provide a range of services such as job training, financial counselling, and educational resources to help residents maintain long-term sobriety.

The first group, primarily involved in custody-oriented activities, is composed of security personnel. Security personnel are responsible for ensuring that residents follow the halfway house's rules and procedures, keeping the facility secure, and addressing any behavioral concerns that arise.

Case managers and counselors are responsible for assisting residents in developing a plan for independent living.

Case managers and counselors also provide residents with a variety of supportive services such as counseling, job training, educational resources, and community support to assist them in rebuilding their lives.

To know more about halfway house, refer here:

https://brainly.com/question/28815439#

#SPJ11

A buyer accepts a warranty deed from a seller, believing that the seller is the sole owner of the property. the buyer later finds out that the seller is only a co-owner. "Yes," the covenant in the warranty deed has been violated.

A warranty deed is a type of deed where the grantor provides a guarantee to the grantee that the title is free and clear of any liens or encumbrances at the time of conveyance.

The buyer accepts a warranty deed from a seller, believing that the seller is the sole owner of the property. The buyer later finds out that the seller is only a co-owner.In this case, a covenant in the warranty deed has been violated. A covenant is a guarantee or promise that the grantor makes to the grantee in a deed.

In a warranty deed, the grantor promises to defend the grantee against any claims made by others to the property. By accepting the warranty deed, the buyer had the right to rely on the seller's guarantee that they were the sole owner of the property.

Therefore, the seller breached the warranty deed's covenant by not being the sole owner of the property.

For more such questions on warranty

https://brainly.com/question/27919230

#SPJ11

If revenue increases as the price increases, the demand is inelastic. If revenue decreases as the price increases, the demand is elastic. If the revenue remains unchanged, the demand is unit elastic.

To determine if the demand for the good is elastic, inelastic, or unit elastic between the prices of $5 and $10, the seller should check the following results: the resulting percentage change in quantity demanded and the resulting change in revenue (in dollars).
1. Calculate the percentage change in price: ((10-5)/5) * 100 = 100%
2. Observe the resulting percentage change in quantity demanded after the price change.
3. Calculate the price elasticity of demand: (Percentage change in quantity demanded) / (Percentage change in price)
4. Check if the price elasticity of demand is greater than 1 (elastic), less than 1 (inelastic), or equal to 1 (unit elastic).
5. Observe the resulting change in revenue (in dollars) to further confirm the elasticity of demand. If revenue increases as the price increases, the demand is inelastic. If revenue decreases as the price increases, the demand is elastic. If the revenue remains unchanged, the demand is unit elastic.

For more such questions on demand

https://brainly.com/question/1048608

#SPJ11

Derivative works are copyrighted materials that have been altered or changed, like altering a copyrighted photograph in Photoshop is true  statement .

Derivative works are creations that are based on previously existing works. To create these derivative works, an artist takes an existing work and alters it in some way. The derivative work may not look like the original, but it still includes components of the original. Derivative works are subjected to copyright laws when the work is transformed. According to copyright law, a derivative work is a transformation of a work into a new form, either by modifying an existing work or by incorporating an existing work into a new work, such as a translation or adaptation.

Derivative works are protected by copyright because they build on or expand on the original work. However, the derivative work's copyright is limited by the original work's copyright. Derivative works include the following Transformative uses, which modify or add to the original work. Examples include a painting based on a photograph or a movie adaptation of a book. Translations, which transform an original work from one language to another. Abridgments, which are shortened versions of the original work.

Examples include magazine articles that summarize books or plays that are adapted for television. Sampling, which is the process of taking a portion of an original work and using it in a new work. Examples include music samples in rap songs or photographs used in collages or montages. In conclusion, the statement "Derivative works are copyrighted materials that have been altered or changed, like altering a copyrighted photograph in Photoshop" is true. Derivative works are created when artists alter or transform existing works, and they are subjected to copyright laws when the work is transformed.

To know more about  adaptation click on below link:

https://brainly.com/question/28881538#

#SPJ11

If you buy a car and they say you can't transfer it to your name because the original owner did not sign, but the person who sold it to you did sign the title, you will not be able to register the car in your name at the Department of Motor Vehicles.

The Department of Motor Vehicles (DMV) is a government agency responsible for vehicle registration and driver licensing in the United States. It is also responsible for enforcing vehicle safety standards and maintaining records related to driver behavior and vehicle ownership.

When you buy a car, you need to get the title from the seller. The title is a legal document that proves ownership of the car. It's important to make sure the title is signed properly before you buy the car.

In this situation, you should contact the seller and try to resolve the issue. If the seller cannot help you, you may need to contact a lawyer or the Department of Motor Vehicles (DMV) for assistance. It is important to make sure that you have a signed title before you buy a car.

Learn more about Department of Motor Vehicles here:

brainly.com/question/28517051

#SPJ11

Answer:

Process innovation

Explanation:

Process innovation is not a key strategic driver of a differentiation advantage.

Process innovation, refers to improving the efficiency and effectiveness of a company's operations. While process innovation can lead to cost savings and other benefits, it is not necessarily a key driver of differentiation advantage.

Differentiation advantage is a strategy that a company can adopt to distinguish its products or services from those of its competitors in the market. It involves creating a unique value proposition that appeals to customers and allows the company to charge a premium price for its offerings.

The three key strategic drivers of a differentiation advantage are

The variables that should be considered in aligning organizational structures with situational contingencies include the external environment, the size and complexity of the organization, and the availability of resources.

External environment refers to factors outside of the organization such as the industry, market, and technology. These factors should be taken into account in order to determine the type of organizational structure and processes that should be implemented.

The size and complexity of the organization should also be considered as it will determine how much power and responsibility should be delegated to each individual or team.

Lastly, the availability of resources, such as technology and personnel, must be considered to ensure that the organization has sufficient capacity to manage the organizational structure and process.

By taking all of these variables into account, an organization can create a structure and process that is tailored to the current situational contingencies and can be adapted to any changes in the environment.

To know more about organizational structure click on below link:

https://brainly.com/question/23967568#

#SPJ11

If a food company wants to develop a version of their best-selling granola bar that is more filling without adding additional calories, they can add fibers to it.

Why is fiber the best ingredient to add to a granola bar?

Fiber is the best ingredient to add to a granola bar because it is an essential nutrient that contributes to the overall well-being of the body. It can aid in weight management, help to reduce the risk of chronic diseases like heart disease, and help to maintain bowel health. Foods that are high in fiber are typically low in calories and fat, making them ideal for individuals who want to consume fewer calories without sacrificing taste or satisfaction.

In addition, fiber is more filling than other nutrients such as carbohydrates, so adding fiber to granola bars can help to satisfy hunger and reduce the desire to snack on unhealthy foods.

Learn more about fibers at https://brainly.com/question/949821

#SPJ11

The decision to hire a new designer, Christopher Bailey, represents a product innovation strategy at the functional level.

Burberry recognized that it needed to improve its image and value of differentiation, and the hiring of a new designer was a step towards achieving that goal. A product innovation strategy involves developing new or improved products to better meet the needs of customers or to create new markets.

In this case, the hiring of a new designer with a fresh perspective was seen as a way to create new and innovative products that would appeal to customers and help Burberry stand out from its competitors.

Thus, Hiring Christopher Bailey as a new designer represents the functional-level strategy of product innovation.

You can learn more about innovation at

https://brainly.com/question/15413616

#SPJ11

The given statement "Project managers are best able to promote a sense of enthusiasm within the project team when they create an environment that is challenging, supportive, and personally rewarding" is True.

By providing a challenging and supportive atmosphere, team members can grow and develop their skills, while personal rewards help motivate and engage them. Project managers can best promote a sense of enthusiasm within the project team by creating an environment that is challenging, supportive, and personally rewarding.

To achieve this, project managers should strive to create an environment that encourages teamwork, open communication, and positive feedback, while also fostering a sense of personal growth and development within each team member. Additionally, project managers should be open to new ideas, flexible, and willing to take calculated risks in order to keep the project moving forward.

Therefore,  By creating a supportive, challenging, and rewarding environment, project managers can help their teams stay motivated and engaged throughout the project's lifecycle. Hence, given statement is true .

To know more about project manager refer to:

https://brainly.com/question/30471375

#SPJ11

Human capital approach predicts a person's earning potential and determines how much of that amount would be.

The human capital approach is a method used to assess the economic potential of a person. According to the approach, the amount of human capital accumulated by a person over time determines their potential to earn.

Human capital encompasses the abilities, qualifications, and experience that individuals obtain through education, training, and job experience. The approach predicts a person's earning potential and determines how much of that amount would be dependent on human capital.

This approach may also be used to evaluate the potential return on investments made in education or job training by assessing how much of the additional income generated can be linked to the acquired skills.

Learn more about Human capital approach here:

brainly.com/question/20344315

#SPJ11

Answer: A time deposit of money in an international bank located in a country different from the country that issued the currency is called a Eurocurrency.

What is a time deposit of money?

A time deposit of money is a type of bank account that requires the account owner to keep the funds in the account for a specified amount of time or term. In exchange for holding the funds, the bank pays a higher interest rate than it does for checking or savings accounts. The account owner has a guarantee of receiving the funds, plus the agreed-upon interest rate, at the conclusion of the term or maturity date.

What is a Eurocurrency?

Eurocurrency is a currency that is deposited in a bank that is situated outside of the country where the currency is issued. For example, if a person deposits US dollars in a bank in Canada, the US dollars are known as Eurodollars. If they were deposited in a bank in Japan, they would be referred to as Euro-yen.

In general, Eurocurrency transactions are governed by international regulations rather than those of the country where the bank is located.

To know more about the  "time deposit" of money :https://brainly.com/question/27631801

#SPJ11

To calculate the amount of the annuity purchase required to receive a fixed payment of $240,000 for 20 years with an annual rate of return of 10%, you need to use the present value of an annuity formula. This formula states that the present value of an annuity is equal to the future payments multiplied by the present value annuity factor (PVAF). The PVAF takes into account the rate of return and the number of years of the annuity.

Using the formula, we can calculate the amount of the annuity purchase required as follows:
Annuity Purchase = $240,000 x PVAF (10%, 20 years)

By using a present value annuity factor table, we can determine the PVAF for this annuity to be 8.5229. Plugging this into the formula gives us:

Annuity Purchase = $240,000 x 8.5229

Therefore, the amount of the annuity purchase required to receive a fixed payment of $240,000 for 20 years with an annual rate of return of 10% is $2,053,480.

To know more about annuity purchase, refer here:

https://brainly.com/question/14276129#

#SPJ11

Historically, B. A diverse holding of common stocks has yielded the highest rate of return when held over a long period of time.

A diverse holding of common stocks is a portfolio of stocks from different companies in different industries. Diversification is critical because it spreads risk, which can help stabilize returns over time. A stock is an ownership share in a publicly traded firm. When a business first goes public, it typically issues stock to raise money to finance its operations. After the initial public offering (IPO), shares are traded on public exchanges like the New York Stock Exchange (NYSE) and the Nasdaq.

Rate of return is a calculation that measures the profit or loss generated on an investment over a specified period. The result is usually expressed as a percentage of the original investment. A long-term investment is one that is intended to be held for more than a year. Stocks, mutual funds, and exchange-traded funds (ETFs) are all common long-term investments. Investors tend to hold them for many years, allowing their wealth to accumulate over time.

Know more about Stocks here :

https://brainly.com/question/852688

#SPJ11

As Nicholas gives manicures to two customers in the same day. the manicures are slightly different from each other. This relates to the difference between service providers and manufacturers in terms of uniformity of output.

Uniformity of output refers to the degree of consistency or similarity in the quality and quantity of products or services produced by a firm. This means that the firm is able to maintain a consistent level of quality in its output over time, regardless of the production process, equipment used, or workers involved.

Uniformity of output is important for a number of reasons, such as ensuring customer satisfaction, reducing waste and rework, improving efficiency and productivity, and maintaining a competitive edge in the market. Achieving uniformity of output requires a focus on quality control and continuous improvement, as well as effective communication and coordination across all levels of the organization.

Read more about uniformity of output

brainly.com/question/29307364

#SPJ1

Lambert had net sales of $72,000 and earns 3% on the first $40,000 of net sales, 4.5% on the next $20,000 and 5% on anything over $60,000. Lambert's commission earnings are $2700.

We need to find out Lambert's commission earnings.

Now, let's find out the commission on the first $40,000 of net sales.

Commission = 3% of 40,000 = 0.03 × 40,000 = $1,200Next $20,000 at 4.5%

Commission = 4.5% of 20,000 = 0.045 × 20,000 = $900

Amount on sales above $60,000 = $72,000 - $60,000 = $12,000

Commission on amount over $60,000 = 5% of 12,000 = 0.05 × 12,000 = $600

Total commission earnings= $1,200 + $900 + $600 = $<<1200+900+600=2700>>2700

Therefore, Lambert's commission earnings are $2700.

Commission earnings are those earnings which an employee earns by making sales and which is above the basic salary paid to the employee.

Learn more about commission earnings here: https://brainly.in/question/55556573

#SPJ11

The correct adjusting entry that would be made on April 30 for a business that purchased an investment security on April 1 that will pay $90 interest on June 30 is  Debit , Investment in securities account with $90Credit, Interest income account with $90.

The adjusting entry that would be made on April 30 for a business that purchased an investment security on April 1 that will pay $90 interest on June 30 would be to record the accrued interest income for the month of April. This is because the business has not yet received the interest income, but it has earned it because the security was owned during that period.

The adjusting entry to record the accrued interest income for the month of April would be: Debit: Investment in securities account with $90Credit: Interest income account with $90The Investment in securities account is debited to increase it and the Interest income account is credited to increase it. The adjusting entry for accrued interest income follows the accrual basis of accounting, which requires that revenues be recognized when earned, not when received.

To know more about Investment click on below link:

https://brainly.com/question/15105766#

#SPJ11

The financing activities section of the statement of cash flows reports the cash inflows and outflows related to the financing of the company's operations, such as debt and equity financing and dividend payments.

The net cash provided or used by financing activities is an important indicator of the company's ability to raise capital and pay its obligations, and is closely watched by investors and analysts to evaluate the financial health of the company.

The statement of cash flows is a financial statement that provides information about the cash inflows and outflows of a company during a specific period. The statement is divided into three sections: operating activities, investing activities, and financing activities. The financing activities section reflects the cash flows related to the financing of the company's operations.

In this section, the cash inflows and outflows related to the company's financing activities are reported. These activities may include the issuance or repayment of debt, the issuance or repurchase of equity, and the payment of dividends. The net cash provided or used by financing activities is calculated by taking the difference between the cash inflows and outflows from these activities. A positive amount indicates that more cash was provided through financing activities than was used, while a negative amount indicates that more cash was used than was provided. The net cash provided or used by financing activities is an important indicator of the company's ability to raise capital and pay its obligations, and is used by investors and analysts to evaluate the financial health of the company.

Learn more about financing activities: https://brainly.com/question/29993856

#SPJ11

The most appropriate entry strategy for a company seeking a limited amount of financial commitment and risk in a global market is to use a strategic alliance.

A strategic alliance is a form of partnership between two or more businesses in which they agree to share resources in order to achieve a common goal. The alliance allows companies to leverage the strengths of their partner, minimize risk, and reduce financial commitment. For example, a company may choose to partner with another company in order to gain access to markets or technology that it may not have been able to access on its own. This can be a cost-effective way for companies to gain a presence in a global market while limiting their financial commitment and risk.

To know more about strategic alliance click on below link:

https://brainly.com/question/14014533#

#SPJ11