How many miles is it between Daytona Beach Florida and Jacksonville Florida? It takes 1 hour and 37 minutes to get from Daytona Beachto Jacksonville and vice versa.
Many technology-based partnering assets are idiosyncratic (i.e., little value in other partnerships) and nonfungible (i.e., cannot be sold at any appreciable price) (Mentzer, 1999). The major risk carried by the investing company is the need to recoup its investment, which might lead to opportunistic behavior that ultimately threatens the partnership (Gundlach, Achrol, and Mentzer, 1995).
PhotoObjects.net/PhotoObjects.net/Getty Images. A contingency fund is cash or other assets reserved to address unforeseen circumstances or losses in a business. The role of the contingency fund is to improve a company's financial stability by developing a safety net that the firm can use to fill emergency needs.