COSO model defines internal control as a process put in place by directors and management to ensure reasonable assurance of of strategic goals by aiming at effectiveness , efficiency and economic value of operations.
COSO's five components are control environment , risk assessment , control activities , information and communication and monitoring.
Of these components , control environment takes care of integrity and ethical values that addresses corruption practices in a business environment.
The strategic alliance occurs when two more companies establish a formal relationship with the objective of achieving competitive and economic advantages, but which still remains as independent companies.
The concept arose from the transformation of the current economic scenario, where globalization and new technologies requires improvement of innovation and organizational processes for success and survival in the market.
In a strategic capacity, intangible and tangible resources are shared, such as executive knowledge, distribution channels, financing, productive capacity and others
This can be explained directly as the total product against labour contribution to its production. It is seen that as the average product increases, so does the productivity of the input.
In other words, the more the AP, the more positively productive the input becomes. The relationship between total product and factors of production by experts are said to be linear but once a certain point is reached limiting factors begin to set in. In an AP calculation, certain conditions are affect it and also some are been put to consideration. In calculate the total product is divide by the variable and also the average product formula, the total product, or average physical product are been known.