Answer:
Option (E) is correct.
Explanation:
There are two types of externality:
(a) Positive externality
(b) Negative externality
Negative externality is an externality which indirectly reduces the consumption of the third person who is not involved in the ongoing activity between the two person.
For example, smoking. If one person smokes then this will not only affect that person who smokes but also affect the persons who are near to him. Hence, this will reduces the utility of that person who is not involved in this activity.
Answer:
Responsiveness
Explanation:
Based on the information what will influence her when she rates the quality of service at the restaurant will be RESPONSIVENESS reason been that RESPONSIVENESS is the ability of a person or an individual to respond faster ,speedly or quickly without wasting time to a situation on ground or by quickly rendering customer service to a customer need, which is why quick RESPONSIVENESS is a very vital tool for any business because it shows how fast a business, company or organization rendered service to their customers without wasting their customers time which will inturn help to influence how a customer will rates the quality of service been rendered to them just as the case of Sarah.
Example a business or company that does not have quick RESPONSIVENESS may loose their customers because not all customers like to wait for a long time before they are been attended to.
Answer and Explanation:
In the 1st Scenario, money is used as a unit of account, which means it is used to exchange goods or services.
In the 2nd Scenario, money is used for future saving or future use, so it is included in the Store of value.
In the 3rd Scenario, money is used for the purchase of food, So it is called the medium of exchange.
Answer:
False
Explanation:
Information from Management accounting is only used for the internal decision making and it is not required by law to issue these reports to external Stakeholders of the company. On the other hand information from Financial accounting is used by the internal and external stakeholder and it is required by law to issue the financial reports to them.
<span>This is matrix departmentalization. This allows a company to better manage a larger, more complex task by pooling the resources available at the time. By having all hands on board, the company can make sure that the most talented and capable employees are used in the way that best suits the task being undertaken.</span>