Answer:
A. Normal goods: positive income elasticity of demand.
Explanation:
Answer:
Option B Borrow using short-term notes payable and use the proceeds to reduce long-term debt
Explanation:
The formula for calculating current ratio is as under:
Current Ratio = Current Assets / Current Liabilities
Now the option which will either increase the current liability only (Denominator) or decrease the current assets only (Nominator) will be the right answer because the answer will decrease the current ratio.
Option B So if the company borrows money from its short term loan (current liabilities) to pay its long term debt which will increase its current liabilities and non-current liabilities. So in the nutshell will only increase the denominator (current liabilities) which will decrease the current ratio. So it is the right option. The rest of the options either increase both current assets and current liabilities or decrease both current assets and current liabilities.
Answer:
<u>Centralized decision making authority</u>
Explanation:
The concept of total quality management was proposed by Edwards Deming who laid immense emphasis upon improvement of product quality and providing highest value to the customers.
The concept aims at providing high quality goods, effective after sales services, driven by the objective of providing highest level of possible satisfaction to the customers.
TQM includes benchmarking which means creating standards or benchmarks against which actual performance shall be evaluated.
It includes continuous improvement in products and services as this being one of it's objectives.
The concept does not incorporate centralized decision making which refers to decisions being taken only by the top management with subordinates having negligible say. Such decision making would increase the time and hence reduce efficiency.
Answer:
The correct word for the blank space is: strategic.
Explanation:
Strategic Human Resource (HR) Planning is the set of actions companies take to attempt to match future human resources needs according to the corporate plans. The main objective of strategic HR is to forecast the amount of labor hand the entity is likely to need. Typically, a project plan is carried out to obtain that measure.