Answer: See explanation
Explanation:
There are a number of reasons for the reduction in the power of unions in the last few decades.
One reason attributed to this is due to the shift in the composition of the economy of the United States. Nowadays, there are more people whom work in the service industries, and these sector usually have lower unionization rate.
Also, there is a reduction in the number of unions in the ndustrial sector. Some states have a right to work laws in place which has also led to reduction in the power of the unions.
Lastly, thecemployer reactions are also a contributory factor as they're more aggressive so as to keep unions from their companies.
Answer:
The correct answer is option A ,first mover advantage.
Explanation:
First mover advantage is form of leading strategy where a firm is the first to identify the opportunities hidden in a particular industry or geography,thereby unlocking the potentials in order to improve its financial performance business-wide.
This is a form of diversification, as putting one's eggs in one basket is not a sustainable way to grow the business in the long-term.
Even though there are risks involved in been a first mover, the benefits sometimes outweigh the risks.
Bob and mary are financing $180,500 for a new home. their lender will approve an interest rate of 5% if bob and mary pay two discount points at closing. Cost them is $3,610.
A discount point is 1% of the loan amount. Bob and Mary are paying two points (or 2% of $180,500), which is $3,610.
What is discount points?
- Discount points are a shape of paid ahead of time intrigued that contract borrowers can buy to lower the intrigued rate on their consequent month to month payments.
- Discount points are a one-time expense, paid up front either when a contract is to begin with orchestrated or amid a refinance.
- Each markdown point for the most part costs 1% of the overall credit and brings down the loan’s intrigued rate by one-eighth to one-quarter of a percent.
- Points don’t continuously got to be paid out of the buyer’s stash; they can some of the time be rolled into the advance adjust or paid by the vender.
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