Explanation:
I disagree with this argument, it can be said that the secondary market is equally or more important than the primary market, due to the fact that it is the secondary markets that determine what will be the prices that the companies that issue bonds will sell in the primary market.
Secondary markets can also be considered to be responsible for making securities easier to sell in the primary market due to their greater liquidity.
Ethics is the branch of philosophy that explores the nature
of moral virtue and evaluates human actions. Philosophical ethics differs from
legal, religious, cultural and personal approaches to ethics by seeking to
conduct the study of morality through a rational, secular outlook that is
grounded in notions of human happiness or well-being. A major advantage of a
philosophical approach to ethics is that it avoids the authoritarian basis of
law and religion as well as the subjectivity, arbitrariness and irrationality
that may characterize cultural or totally personal moral views. (Although some
thinkers differentiate between "ethics," "morals,"
"ethical" and "moral,")
A: The four types of economic utility are form, time, place and possession. "Utility" in this context refers to the value, or usefulness, that a purchaser receives in return for exchanging his money for a company's goods or services.
Answer:
The two methods used to forecasting labor demand and supply are: Statistical Method and Judgmental Method.
The Statistical method collects previous historic data regarding company's demand and supply for qualified employees and provides forecasting for the particular period. It is feasible when other factors remain same in the organisation. It is not feasible when the organisation changes its objectives, mission and vision etc
<u>Cost and Benefit</u>
It prevents future shortage of qualified employees
It avoids disruption over operation
The Judgmental method is when the company follow judgmental method, that is it is based on manager's experience of conducting survey to estimate employees requirements on future operation.
It is feasible for small and medium size organisation for short term forecast. It
<u>Cost and Benefit</u>
It avoids short-run shortage of employees
It avoids short-run surplus of employees.
Answer:
D. Change and the cost of the activity is relevant to the decision.
Explanation:
Since flexible resources are supplied as needed, and their costs appear to be variable with demand, so change and the cost of the activity is relevant to the decision.
