To enter the European market, Starbucks joined in a cooperative venture with Bon Appetit |_Group AG. in Switzerland. Bon Appetit has the recognized brand name and Starbucks hasthe product and the expertise to run coffeehouses. Bon Appetit and Starbucks benefited fromtheir:A strategic alliance.B. tactical relationship.

The correct answer is letter "A": strategic alliance.

Explanation:

A strategic alliance is an organizational partnership between two or more organizations sharing resources for a common objective. The common goal frequently includes research and development of specific goods. The parties involved in a strategic alliance typically have a short-term goal. Once the objective has been met, the parties take what they have developed and use it in their existing separate operations.

$10,000

Explanation:

Given:

Total shares = 1,000

Value of shares = 5%, $100 par value

Now,

The annual preferred dividend = $5 × 1,000

or

The annual preferred dividend = $5,000

Therefore,

The dividends in arrears on December 31,2016 was $5,000

Hence,

The 2017 preferred dividends would be

=  dividends in arrears on December 31,2016 + Dividends for 2017

= $5,000 + $5,000

= $10,000