Answer:
Strategic group
Explanation:
Combinations of companies which sell similar products combine to form a strategic group. It is a concept of management that identifies and separate companies working in the same industry. Similarly, in the above example, the stores are similar as all four are hardware stores; so to compete against each other, they form different strategies such as discounts so they use strategies which makes all of them strategic group.
Answer:
The correct answer is option b.
Explanation:
A sole proprietorship can be defined as a business that is run by only one person. It is not a separate legal entity and is easy to form and the owner controls the whole business.
The disadvantage of a sole proprietorship is that there is an unlimited liability. There is no distinction between private and business assets. It does not have an unlimited life, with the death of owner it is generally shut down. The main source of capital is the owner.
Answer:
Policy.
Explanation:
In this scenario, although it was not explicitly noted in the employee handbook, Jennie was told at the start of her internship that employees are expected to dress in business casual attire each day. This dress code is a policy of the organization.
Policy can be defined as a set of idea, rules, guidelines or plan which determines the principles or course of action of an organization. The main purpose of the policy being defined in an organization is to provide rational values or outcomes and to guide the decisions of the employees working in an organization.
Answer:
total debt ratio = 0.3532
Explanation:
given data
total assets = $485,390
net fixed assets = $250,000
current liabilities = $23,456
long-term liabilities = $148,000
to find out
total debt ratio
solution
we get here total debt ratio that is express as
total debt ratio = ( current liabilities + long-term liabilities ) ÷ total assets ........1
put here value we get
total debt ratio = 
total debt ratio = 0.3532
If it costs $5.10 to get $4.10 from Friendly's then the loanee would pay about 24% which is a pretty high interest rate and presumably the interest rate would decrease with a higher amount loaned as on a larger amount the actual amount of interest earned would still be significant with a lower interest rate.
