Which of the Following Is Not a Characteristic of Global

question 54

Multiple Choice

Which of the following is not a characteristic of global strategic alliances?

• A)Participants maintain independence outside the framework of alliance.
• B)Participants share benefits as well as control.
• C)Participants make ongoing contributions in technology, products, and other areas.
• D)Participants focus on an individual country market.
• E)Participants share benefits of the alliance.

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Definitions:

Perpetual Inventory System

An approach to inventory accounting where transactions are immediately documented through computerized point-of-sale systems and software designed for managing enterprise assets.

Inventory Shrinkage

The decrease in product inventory from the time of acquisition from a supplier to the moment it's sold to a customer, frequently as a result of theft, damage, or mistakes.

Credit Memo

A document issued to a buyer, crediting them for part of a sale due to a return or overcharge.

Sales Invoice

A document issued by a seller to a buyer, detailing a transaction's products, quantities, and agreed prices for products or services the seller has provided.