Which of the Following Is Most Likely a Benefit of Joint

question 58

Multiple Choice

Which of the following is most likely a benefit of joint ownership?

• A) It allows one firm to acquire complete ownership of the other firm in the venture.
• B) It is the simplest way for a domestic company to enter a foreign market.
• C) It minimizes the need to build a new manufacturing facility in the foreign market.
• D) It provides significant economies of scale for both the local firm and the foreign investor.
• E) It allows a firm to gain the financial and managerial resources that it may otherwise lack.

Evaluate the adequacy of a community's disaster plan.

Identify the agencies responsible for developing and testing community disaster plans.

Understand the roles and differences between the American Red Cross, FEMA, and other disaster management agencies.

Recognize the importance of personal and family disaster planning.

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Definitions:

Special Parts

Unique or custom components used in manufacturing processes or product assembly that are not commonly available or require specific production.

Responsibility Accounting System

An accounting system that collects, summarizes, and reports financial information related to the responsibilities of individual managers.

Rent Expense

The cost incurred from leasing a property or equipment for business operations, recognized on the income statement.

Square Feet

A measurement of area commonly used in the United States to quantify the size of a space, such as real estate or floor plans.