According to Prof. St. Clair, allowing Lehman Brothers to fail in 2008 breached the Fed's primary mandate, and worsened the financial crisis of 2008.
<h3>What caused the Lehman Brothers' failure?</h3>
The main cause of the failure of Lehman Brothers Investment Bank was its involvement in the subprime mortgage market.
Lehmann Brothers recorded unprecedented loss due to the 2008 subprime mortgage crisis.
The investment bank held onto large positions in subprime and other lower-rated mortgage tranches when securitizing the underlying mortgages.
Thus, according to Prof. St. Clair, allowing Lehman Brothers to fail in 2008 was a terrible decision because its failure breached the Fed's primary mandate, and worsened the financial crisis of 2008.
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The situation discussed here of marketing & sales division describes the role of a Leader in core functional organizational structure.
<h3>What is Functional Organizational Structure?</h3>
A typical sort of business structure is a functional organizational structure, which divides a corporation into various departments according to areas of competence and groups personnel according to specialization, skill, or related functions.
The sales team consist of personnel who are basically from marketing & sales backgrounds. Further motion study helps to improve the present scenario of eliminating the wastefulness of time with help of Team leader.
Thus regular meeting in a week by a leader can help in effective management of functional organizational structure.
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Answer:
D. Digby will actually issue stock totaling $2,694,750.
Explanation:
Answer:
b
Explanation:
The key to choosing the "right" form of ownership is understanding how each form affects both business and personal circumstances.
Basically there are three types of ownerships in the market sole proprietor, partnership and corporation. So, choosin the right kind of ownership does affect both business and personal circumstances
The invention of restaurant foods is what distinguished modern restaurants from predecessor food service operations.
<h3>What is meant by food service operations?</h3>
An establishment that serves meals designed to be served in individual quantities for a fee or a mandated donation is known as a food service operation. Restaurants, nursing homes, hospitals, prisons, coffee shops, and candy stores are a few examples of FSO.
Controlling food expenditures is essential for a successful restaurant, which is why food service management is so important. FSMs assist firms in remaining profitable by training staff on serving and preparation standards, maintaining a careful inventory of stock, and identifying various sources for the most affordable ingredients.
The earliest signs of the food service sector date around 3000 BC during the Sumerian era. The majority of the time, temples and palaces served food. They hired chefs, who prepared meals for the aristocracy and visitors.
The invention of restaurant foods is what distinguished modern restaurants from predecessor food service operations.
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