They would probably fire more workers to stay in business or/and raise prices.
Hope this helps!
Answer: Joint venture.
Explanation:
In a country that doesn't allow foreign companies to own businesses in them, a joint venture can be created between the foreign company and the local companies in order for the foreign company to have a presence in that country. A joint venture is a form of business formation that involves two or more seperate businesses coming together to form a business establishment, while each business maintains their individual identities.
Answer: Yes, <em>Jim should pay back the money he used for his electric and phone bill.</em> Since he is the custodian of petty cash for the company it is his responsibility to account for the money. The petty cash should only be used for work related expenses. The company could ask for an audit and Jim could get fired because there no record of the cash being given out for company expenses. Jim should put an IOU in the petty cash drawer and explain why it was taken out. Jim should also speak with one of the managers of the department to explain about the missing petty cash.
Answer: Functional departmentalization
Explanation: In a functional departmentalization structure, the company tries to organize the employees into groups based upon the specific skills they possess. The activities performed by such groups are different from each other but the employees within groups performs the same task.
In the given case, the manager is dividing the company as per the purchase,serving and home delivery etc. It is evident that the grouping is done upon the specific activities to be performed.
Hence we can conclude that the correct option is B.
Answer:
C
Explanation:
This case is en example of Planned, unfunded retention because here the outcome is already known but nothing can be done about it. So this does not affect our managerial and financial decision making.
Unfunded retention is type of retention plan under which losses are paid out of cash flow or out of funds obtained by borrowing
