Answer:
B. Expert power
Explanation:
Based on the information provided regarding this scenario it can be said that the faculty member was using Expert Power. Expert Power is defined as the use of expert knowledge in order to get a subordinate to follow an instruction or order. Which in this specific scenario, the faculty members unique knowledge and experiences regarding Costa Rica allowed the other faculty members to look to him for guidance when dealing with topics revolving around Costa Rica.
A purchase agreement is a legally binding contract that states the terms and conditions of purchasing a good/making a sale. This agreement is legally binding for both the purchaser and the seller. The agreement is contingent on being paid back at the date agreed and receiving the items that were intended to be paid for.
The full question is:
Which of the following are facility-level activities? (select all that apply)
a. Paying factory insurance
b. Setting up factory equipment
c. Arranging for shipping products to a customer
d. Property taxes on plant
Answer:
Paying factory insurance
Property taxes on plant
Explanation:
Facility level activities are defined as those activities that cannot be traced to a particular product, but are carried out to maintain the general operations of a business. They are also called business sustaining activities.
Examples include depreciation, cost of security, cost of maintenance and taxes.
These activities need to be executed seamlessly by the business if they want to maintain efficiency of the production process. For example if machines are not maintained according to maintenance schedule, they can breakdown and cause delays in production.
When you have a monopoly you have a product or service on the market with no competition. On the flip side, in a pure or perfect competition there are various competitors selling the same product or service as you. The main difference between these two are that a monopoly involves no competition at all while a pure competition involves a high level of competition. (the first choice)
The second choice is incorrect because it is harder to establish a product in a pure competition market because you are competing with other companies.
The third choice is incorrect because a monopoly refers to a company with a product or service and no competition whereas a pure competition refers to one with the same products or services.
The forth choice is incorrect because they can be present in various economy structures.
Answer: $275,000
Explanation:
Given that,
Annual net income = $22,000
Capitalization rate = 8%
Value of the property = ?
Capitalization rate = 
8% = 
Value of the property = 
= $275,000
