The American Express BlueWork Program refers to an employee program that aims to increase productivity through giving employees the opportunity to work using four modes of working that are available in the company: <em>Home, Roam, Club, and Hub</em>. Home refers to employees whose primary method of working is by telecommuting, while Roam refers to employees whose primary working place isn’t based from the office or home, but on client’s premises instead.
Club working styles are provided for employees where they don’t have allocated desks but are instead given the chance to work in different workspaces in the building, while employees who work with a Hub style of working will instead have a dedicated office and work during standard hours. Thus the answer to the question is (A) employees are provided with opportunities for flexible arrangements.
The entry to close the dividends account at the end of the year:
It is given that Canopy services paid k. Canopy, the sole shareholder of canopy services, $5,700 in dividends during the current year. The entry to close the dividends account at the end of the year shall be as follows:
Dec. 31, Year;
Retained earnings Debit $5,700
Dividends Credit $5,700
(Being dividends closed to retained earnings)
Answer:
d. defense tactics make the costs of a takeover lower.
Explanation:
There's a take over attempt when a company is faced with a hostile takeover attempt.
Defense can be either pre offer takeover or post offer takeover.
In pre offer takeover defense, companies put mechanisms in place to discourage takeover attempts.
Pre takeover defense mechanisms include:
1. Golden parachute: this benefits the managers of a company. It is an agreement where managers are compensated lucratively if they leave the company being targeted for a takeover when there's a change in corporate control.
2. Fair price amendments: this sets a bidding value floor for a target company. This makes the company more expensive
3. Staggered board : this is when its impossible to change all the members of boards of a company.
4. Poison pill
5. Poison put
Post take over defense mechanism usually are put in place after a takeover attempt. They include:
1. White knight defesne : The takeover firm invites another company to purchase it in place of the firm planning an hostile takeover. This can lead to bidding and counter bidding by the third firm and the firm planning the hostile take over. This can eventually leads to winners curse. This usually increases the cost of takeovers
2. Litigation
Not all take over defense tactics are usually effective. Generally, preoffer take over tactics are usually recommended.
Answer:
B) no competitive producer of the same product
Explanation:
Monopoly refers to a single seller selling a unique product to a large number of buyers. A monopoly dominate the industry has total control of the market.
Characteristics of a Monopoly
1) High barrier to entry: This implies that competitors are restricted. New sellers are not allowed entry.
2) Single seller and large buyers: There is a single seller selling to a large number of consumers in the market.
3) Unique product: The product sold in a monopoly are unique have little or no close substitute.
4) Price Maker: A monopoly decides on the price he wants to sell his product. He can increase the price at will.
5) Economies of scale: A monopoly enjoys economies of scale because he can buy raw materials in large quantity at a reduced price, thereby reducing the cost of production and increasing Profits.
6) No competitor: Since the market is characterised by a single seller, high barrier to entry, then, competitor does not exist in a monopoly market.
Answer:
d. length of the time period.
Explanation:
The price elasticity of the supply measures the percentage change in the quantity supplied with the percentage change in price
In arithmetically,
The price elasticity of the supply = (percentage change in the quantity supplied ÷ percentage change in price)
It indicates a direct relationship between the quantity supplied and the price.
Moreover, the key determinant of the price elasticity of supply is time period
