Answer:
True
Explanation:
Decentralised purchasing also means the purchase of each manufacturing center necessity in the organisation. This method, instead of dropping buying power with a single branch,it would be given to regional offices or branches. They have the power to buy the items needed as per their demands. Acquiring in large quantities lowers the cost to the company.
Answer:
B - $13,556.82
Explanation:
Amount to be invested is equal to the present value of future inflows
Present value = future value/(1+Interest rate)^Number of years
The actual amount at the end of the first year should be $3000 if there is an answer in the options
The amount at the end of the second year is $4000
The amount at the end of the third, fourth and fifth year is $5000
Hence, amount to be invested = 3000/(1.17) + 4000/(1.17)^2 + 5000/(1.17)^3 + 5000/(1.17)^4 + 5000/(1.17)^5
= $13,556.82
Hence, the answer is $13,556.82
Answer:
the correct answer is D. Macroeconomics is the study of the economy as a whole, while microeconomics deals with the individual decision-making units.
Explanation:
Macro economics emerged as a seperate disclipline in the late 1930's witht eh influence of the prominent british economist John Meynard Keynes. it looks at the economy as a whole and tries to solve major economic issues affecting the national economy such as the unemployment, inflation, GDP and current rate changes.
Micro economics on the contrary, looks at how the individuals and firms behave in an economy and tries to explain their decisions and how they react.
The correct answer is the agent and principal will be jointly and severally liable on the contract.
In general, an agent is not accountable for contracts made; the principal is. However, the agent will be held culpable if he is not or only partially revealed, if the agent lacks or exceeds authorization, or if the agent entered into the transaction in a personal role.
When an agent works on behalf of the principle in interactions with a third party, a contractual relationship is formed between the main and the third party, and the agent is not personally accountable.
Therefore, the correct option is the agent and principal will be jointly and severally liable on the contract.
To know more about principal agent liability click here:
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During 1850,Frederick Henry Harvey is the one founded the first restaurant chain in the U.S. The first of the Harvey House restaurants opened in 1876, in a terminal of the Atchison, Topeka & Santa Fe Railroad. In 1887, there was a Harvey House restaurant in every 100 miles along the 12,000‑mile‑long Atchison, Topeka & Santa Fe line. He strongly believe that quality control established is the reason why regular field visits to his restaurants, and provided services similar to those used today by franchisors
