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Explain the Strategic alliance
Two or more organisations agree to work and collaborate informally together however remaining independent from one another. Similar to a joint venture though a less formal agreement for example a contract as opposed to a separate JV entity being formed.' One World Alliance' and 'Star Alliance' are illustrations of strategic alliances in airline industry.
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explain the significance of operating leverage and financial with the help of example?
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A firm has net working capital of -$800. Long-term debt is $15,400, total assets are $24,800 and fixed assets are $19,100. What is the amount of the total liabilities.
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