Answer:
c. they have been insured against misappropriation of assets.
Explanation:
A company bonds its employees to protect itself against theft by its workers. Being bonded means securing the money available to customers if a claim is made against the company. Bonding offers compensation to a business should a loss arise through employee's actions.
The law requires companies that handle cash and cash equivalents such as stocks certificates to bond their employees. A company may choose from the various types of bond insurance in the market. For example, employers may use the fidelity bond to protect against employee theft.
Answer:
Explanation:
Product Line
A product line represents related products under a single brand name produced, grouped and sold by the same company. Organisations use product lines to keep and expand their consumer base by adding products that will appeal to their customers in the same line of products which they are familiar with.
A consumer will always be motivated to buy a complete kit of products in a product line to take care of similar issues such as skin care, face care among others rather than buying different products from different brands to make up a complete kit.
Most product lines are marketed in groups and are placed together to appeal to customers. Specifically, organisations know that consumers will be willing to test new products that are part of the same product line they have known and are used to.
Answer:
E) Market Exchange
Explanation:
Market exchange refers to at least two people or firms trading one good or service for another. In this case, the theater group is trading a free show and other promotional activities (standup comedy nights, and volunteer work) in exchange for higher membership to their group or higher attendance to their shows.
A trade does not necessarily imply a money exchange, it can also include goods or services that provide utility for the other party. For example, an increase in group membership will help the theater group perform better.
Consumer surplus is difference between the amount that consumers are willing and able to pay for a good or service
In this case, Nicki is willing to pay $1,100 for the camera, but she is only asked to pay 900. So Nicki has a consumer surplus of $200
Answer:
Standard error of the mean = 3
Explanation:
Given:
Mean Distribution = $100
Standard deviation = $12
Total number of player = 16 player
Standard error of the mean = ?
Computation of standard error of the mean:
Standard error of the mean = Standard deviation / √ Total number of player
Standard error of the mean = 12 / √16
Standard error of the mean = 12 / 4
Standard error of the mean = 3
