Answer:
Organizing
Explanation:
Organizing involves coordinating and allocating a firm's resources so that the firm can carry out its plans and achieve its goals. This organizing, or structuring, process is accomplished by: Determining work activities and dividing up tasks (division of labor) Grouping jobs and employees (departmentalization
Answer:
The approximate price elasticity of demand between these two prices is
- 0.42
Explanation:
In this question ,we use the formula of price elasticity of demand which is shown below:
Price elasticity of demand = Percentage change in quantity demanded ÷ Percentage change in price
where,
Percentage change in quantity demanded is calculated by
= New Quantity - Old quantity ÷ New Quantity + Old quantity
= 350 - 310 ÷ 350 + 310
= 40 ÷ 660
= 0.06060
Percentage change in price is calculated by
= New price - Old price ÷ New price + Old price
= 9 - 12 ÷ 9 + 12
= - 3 ÷ 21
= - 0.14285
Now put these values over the above formula
So, the answer is = 0.06060 ÷ - 0.14285 = - 0.42
Hence, the approximate price elasticity of demand between these two prices is - 0.42
No, if any classroom doors are open, people will hear you.
Answer:
July.
Explanation:
Revenue should be recognize when earned. The services were provided o July, so are earned in July.
During June, the customer can cancel the order. The company should not recognize yet. It has to be conservative.
Under cash basis, the services will be recognize on August which, is the payment date. But, on recognition principle we should use accrual basis. The business provide services on July afterwhich it can claim to the customer the amount therefore, it is a realziable gain.
Answer:
Rescind the policy
Explanation:
In this scenario the insuredad a misstatement on the application and dies after 6 months. To avoid any legal issues with the beneficiaries the best line of action of the insurer is to rescind the policy.
The reason for rescinding the policy should be stated as misstatement in the application.
Rescinded insurance policy will make it as if the agreement between the insurance company and policy makers was never made. Since the policy was not cancelled, the policy holder or his beneficiary will get back any premiums that have already been paid.
On the other hand if the policy were to be cancelled the only money returned to the policy holder will be the balance in the remaining portion of the term.
