They would opt to have a sale of bathing suits. They would offer discount from the original price of the bathing suit. In this way, the suits will be bought because its cheaper than before.
The store manager should make sure that the discounted price is still higher than the cost of the bathing suits so that they will still generate profit even at a lower value than initially expected.
Answer: c. An inside director is a board member who also holds a managerial position in the company
Explanation:
Inside Directors are indeed Board members who are employees/ hold managerial positions in the company.
They are in a unique position to help the board in Corporate Governance because as they are on the ground, they have specialized knowledge of the company and as such can provide complete information to the Board.
They typically include a Company's top executives such as the CEO, CFO and the COO.
Answer:
a Description of tests performed to search for material weaknesses.
Explanation:
When reporting on conditions relating to an entity's internal control observed during an audit of the financial statements, the auditor should include a Description of tests performed to search for material weaknesses.
Tests of controls may be performed to test the effectiveness of certain controls that auditors consider relevant to preventing and detecting errors and fraud that are material to the financial statements, <u>thereafter a management report must be issued to the audit committee for any deficiencies in controls to be addressed.</u> The management letter describes the tests performed and the results in each category
The answer is psychological contract.
A broken psychological contract may occur when an employee believes that working extra would be naturally rewarded. This, however, may not be business policy. If the person is salaried, they may not be compensated for the extra hours worked.
Daily acts and remarks made in the workplace, as well as how they are interpreted by all parties involved, have an impact on the contract.
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In other words, it is a promise developed via regular workplace encounters in which the organization learns what is expected of each employee.
Psychological contracts evolve and adapt to the organizational working culture over time. However, they are generally difficult to change and can differ across individual party members and whole organizations.
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Answer:
The correct answer is (D)
Explanation:
Petra programming and wonder web both are operating on a 90 present curve level and that is the maximum they can achieve with the given resources. To compete and take cost leadership positions they must improve the resources. Likewise, the best way is to improve existing technology. New technology will help them achieve cost leadership position and move further on the learning curve.
