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Marina CMI [18]
3 years ago
13

In the context of statutorily mandated arbitration, why has arbitration become widespread during the last few decades?

Business
1 answer:
garik1379 [7]3 years ago
7 0
Arbitration refers to a type of alternative to dispute resolution; it involves resolving of disputes outside courts. In this type of dispute resolution, arbitrators consider the case of each party and render arbitral award which is legally binding and enforceable in courts.
Arbitration has become widespread in the last few decades due to the fact that the law may require the disputing parties to take their case to arbitration. For instance, some states in America have laid down statues that demand that some dispute types have to be submitted to arbitration.
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WILL MARK BEST ANSWER BRAINLIEST
Hoochie [10]

A professional email based on the given scenario would sound like the following:

<em>To: Assistant</em>

<em>From: Manager</em>

<em>Subject: Flight and Hotel Booking for Chicago</em>

<em>Date: January 28, 2022</em>

<em />

<em>Hi,</em>

<em />

<em>Please book my flight and hotel reservations for the upcoming conference in Chicago from February 7, 8:00 am to February 11, 2022 (5:00 pm).</em>

<em />

<em>Do not forget the company's favorite airline and hotel for the bookings.</em>

<em />

<em>Regards,</em>

<em />

<em>Tony</em>

Thus, while the email sounds professional, it may be more conversational than formal since it is a workplace request.

Learn more about writing workplace emails to subordinates at brainly.com/question/14236855

6 0
2 years ago
All manufacturing costs are assigned to units of product and all non-manufacturing costs are treated as period cost under______c
sp2606 [1]

Answer:

absorption

Explanation:

Manufacturing cost can be regarded as the summation of the cost of consumed resources during the production of a product. It can be divided into

direct materials cost

✓ direct labor cost

✓ manufacturing overhead.

It should be noted that All manufacturing costs are assigned to units of product and all non-manufacturing costs are treated as period cost under absorption costing.

3 0
3 years ago
Sunshine Motors is a large car dealership. Its most popular car is a 4-wheel drive, sport utility vehicle. The new year models a
maxonik [38]

Answer:

the optimal order size Q  is 18.56 cars

the annual inventory cost = $12066.48

the order cycle time is 42.34 days

Explanation:

Using the following expression to determine the optimal order size Q:

Q = \sqrt{\frac{2* ordering \ cost \ * Demand}{Annual \ carrying \ cost }}

Q = \sqrt{\frac{2* 700 * 160}{650 }}

Q =\sqrt{344.6153846}

Q = 18.56

Hence; the optimal order size Q  is 18.56 cars

The annual inventory cost is mathematically expressed as:

\frac{ordering \ cost * Demand}{optimal \ order \ size} + \frac{annual \ carrying \ cost}{2}

= \frac{700*160}{18.56} +\frac{650*18.56}{2}

= 6034.482759 + 6032

= $12066.48276

≅ $12066.48

Hence, the annual inventory cost = $12066.48

For The order cycle time; we have;

Order cycle time = \frac{365 \ days }{1} \div ( \frac{ Demand }{optimal \ order \ time })

= \frac{365 }{1} \div (\frac{160 }{18.56})

= \frac{365 }{1} \div (8.62)

= \frac{365 }{1} \times \frac{1}{ 8.62}

= 42.34 days

Hence, the order cycle time is 42.34 days

3 0
3 years ago
​Marketing, selling,​ distribution, and administrative​ expenses: A. can be traced through causal relationships to products. B.
lorasvet [3.4K]

Answer:

C) are independent of volume and product mix.

Explanation:

This is true because marketing, sales, distribution and administrative expenses are generally mixed costs. That means that they are part variable and part fixed.

For example, most salespeople's salary consists of a small fixed amount and a percent per total sales made.

Distribution costs also vary because generally when you purchase a truck, the largest cost is the truck itself, and the driver also gets paid on a monthly basis, insurance, etc., but other costs like fuel and maintenance costs vary depending on how much the trucks are driven, so they depend on the volume distributed.

Administrative expenses are also mostly fixed, but they might include bonuses for good performance which depend on total sales, and other expenses that might increase when total sales increase.

Finally marketing expenses are generally determined as a percentage of the expected sales revenue generated by the products. There are several ways to determine marketing expenses, but they all are based on a fixed amount (e.g. cost of producing an advertisement) and variable factors like market share or sales growth. E.g. you will advertise more intensively in the areas where your product sells better.

6 0
4 years ago
Devon had a starting balance of $54.00 in his savings passbook. He made these transactions: deposits of $54.87 and $86.35; withd
Zielflug [23.3K]

Answer:

$125.22

Explanation:

5 0
3 years ago
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