Price ceilings are the limit of the prices to go high above the given ceiling while the price floor limit the prices to go below the given amount. The two restrict the free exchange of prices by putting a range of prices allowable only for a certain product. The prices are already limited between the price floor and the price ceiling.
Answer:
3. Most top managers at family firms tend to stay in their positions much longer than those at nonfamily firms.
Explanation:
A key success factors in family firms is understanding the culture. This is usually the foundation of the business.
So when family members occupy a position, they tend to stay on much longer because they have intimate knowledge of the business and the goals and objectives are personal to them.
Also loyalty tends to play a part, family members have close relationships which are long-term.
Every Credit user is entitled to a free credit report every 12 months (1 years) from either of Equifax, Experian, or TransUnion.
<h3>What are credit reporting agency?</h3>
These are agency that maintains only an historical credit information on individuals and businesses.
The maintained historical credit information helps in preparation of the credit report and score of all individuals and businesses in United states..
In U.S., the three main credit reporting bureaus includes the Equifax, Experian and TransUnion.
Read more about credit reporting agency
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