Answer:
true
Explanation:
For example, if a bank account has a $100 minimum balance requirement, you want to make sure that you don't let your balance fall to $99.99 or less.
Factors of production im pretty sure
Answer:
The correct answer is a. Developing a strategic vision, setting objectives, and crafting a strategy
.
Explanation:
Management has the responsibility of charting the strategic course, establishing a series of objectives that allow it to choose a strategy that allows achieving everything planned. Likewise, the board of directors is responsible for defining and executing such strategies.
The management process has the following stages:
1. Define strategic vision.
2. Set Goals.
3. Develop the strategy.
4. Apply and implement the strategy.
5. Evaluate performance and implement controls.
Answer: Undercapitalization
Explanation:
Susan's cake decoration business suffered from Undercapitalization.
Undercapitalization occurs when a business is not properly funded to maintain it's running. Undercapitalization is mainly common in small scale businesses with little start up capital.
Undercapitalization can cause inability to pay for: workers wages, rent, transportation of business supplies.
Answer:
the primary purpose of a rating service company, such as AM Best is To determine financial strength of an insurance company. Protect consumers with guidelines regarding credit reporting and distribution..
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