A similarity between mortgages and auto loans is that both are less risky for lenders.
Lenders are the ones who lend money to those who need it urgently, in the form of a mortgage, or perhaps an auto loan. This money is going to be repaid monthly, or in whatever way the contract stipulates. It is less risky for the lender because legally, this has to be repaid.
Answer:
The answer is stated below:
Explanation:
If the SEC and the AICPA, worked altogether in order to share the information, they might have detected the fraud prior. The case states that the Madoff Securities does not required to submit the peer review program to AICPA as Friehling, had recorded that he did not perform or conduct any audits.
Recommendation
1. The policy execution for the exchange of the information among the two firms would be useful to detect the fraud.
2. The PCAOB should spend more resources an attending the hotline of whistle blowing through executing the policies which need certain complaints to be addressed effectively.
3. The firms or company should have done more in order to verify the financial statements assertions, which surrounds the investments. The PCAOB need to execute the policy that require the companies (such as Madoff Securities) to correctly answer the inquiries of the auditor.
Answer: No.
Explanation: Consumption is not contentment because one can consume something without been satisfied of that either because it wasn't what was expected as in the taste.
When a small business owner has two employees but trusts each one to have their own cash register and handle the money of the business separately, that means that the owner supports the establishment of responsibility. One instance where this could happen is at a small deli or coffee shop.
Answer:
The methods for conducting global business which petnro has used in the given scenario is :
C) The formation of wholly owned affiliates
Explanation:
In the question it has been mentioned that their is a bike manufacturing firm which is based in u.s. and operates in various other countries under a different name i.e. BikMe.
So, the scenario is like the parent company is receiving all the profits which have been made by all these facilities and also controls different segments of the plants.
Therefore,the methods for conducting global business which petnro has used in the given scenario is :
C) The formation of wholly owned affiliates
Role of global marketing in international business:
A development in the global marketing strategy helps in growing of a business. Marketing globally is the first way to improving your company globally all over the market.
Another benefit is that the customer awareness increases.
Global strategy example : Any company who is delivering the same quality and variety of product is known as the global strategy.
For example: Gucci delivers all its products globally in different countries.
As for example the company here mentioned is also developing its global strategy.
