Answer:
Legal requirement
Explanation:
When a firm or an organisation tries to enter an international or foreign market, there are few regulations which are compulsory to follow. Legal requirements are usually enforced by the local government to ensure transparency and the rule of law. It is mandatory to change a company's name into the local language before marketing. It is a legal requirement that is mandatory to follow.
The fact that Madison wants to open a restaurant and plans to employ a staff of about 10 people, including wait staff and cooks means that Madison is planning to create a flat type of organization. The units and positions within the flat organization are flat distributed, which means there are <span>few or no levels of middle management between staff and executives.</span>
Answer:
Explanation: Both the marginal cost curve and the average variable cost curve are U-shaped. For many firms, this is true because their production exhibits increasing returns at low levels of output and decreasing returns at high levels of output. At the minimum of average cost, the marginal cost curve intersects the average cost curve. This is because when marginal cost is above average cost, average cost is decreasing and when marginal cost is below average cost, average cost is decreasing.
Requirement 1: [Find attachment 1]
Requirement 2: [ Find attachment 2]
Answer:
The answer is public limited companies
Explanation:
Public limited company (PLC) is a terminology used in commonwealth nations to refer to limited liability company whose shares are available to the general public. In the US and other countries, a PLC is referred to as corporation. PLC's shares can be acquired by any person through trading in the stock market or an initial public offer.
A PLC or corporation can be listed or not listed on a stock exchange. Under law, a PLC is supposed to publish its true financial position so that shareholders can know the worth of the shares they hold.
