A drawback of short-term contracting as an alternative to making a component in-house is that Group of answer choices it fails to allow a long planning period that individual market transactions provide. the buying firm cannot demand lower prices due to the lack of a competitive bidding process. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent.

How does the economy of cuba differ from the economy of north korea? in north korea, the government’s control of the economy has begun to loosen. in cuba, the government maintains a tight hold over the economy. in cuba, the government’s control of the economy has begun to loosen. in north korea, the government maintains a tight hold over the economy. in north korea, there is economic uncertainty in exchange for individual choice. in cuba, there is economic security in exchange for government control. in cuba, there is economic uncertainty in exchange for individual choice. in north korea, there is economic security in exchange for government control.\

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)