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Salsk061 [2.6K]
3 years ago
13

Risks of fixed costs of a business are more for an alliance than an independent firm.

Business
1 answer:
frosja888 [35]3 years ago
5 0
False. Risks of fixed costs of a business are more for an alliance than an independent firm. Businesses have risks and without any risk, comes a smaller reward. Taking a risk often yields a larger profit and room to grow/expand. Fixed costs are are costs that stay constant no matter the quantity of goods or service produced. 
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A contingency plan a. is unnecessary for organizations that face a dynamic environment. b. is developed after considering possib
natima [27]

Answer: is developed after considering possible events.

Explanation:

A contingency plan is a plan made by an organization where they prepare for the worst possible outcome from a current event. A contingency plan is formed after considering various outcomes that can occur and preparing for the worst possible case scenario. A contingency plan helps a company to be prepared for any outcome positive or negative.

4 0
3 years ago
The failure to properly record an adjusting entry to accrue an expense will result in an:
erica [24]

The failure to properly record an adjusting entry to accrue an expense will result in an understatement of expenses and an understatement of liabilities. This is further explained below.

<h3>What are expenses?</h3>

Generally, expenses are simply defined as what it would take or what it would cost to do anything.

In conclusion, Incorrectly recording an accrual adjustment entry will result in a misstatement of both costs and liabilities.

Read more about expenses

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5 0
2 years ago
Relationship between democracy and free market economy?
asambeis [7]

Answer:

A Market economy system is essentially a system of economic democracy, the most secure foundation of citizens' freedom. According to Mises, as soon as the economic freedom of the free market system is removed, political liberties and the legal system become fake and fade away, and democracy perishes.

8 0
3 years ago
ompanies that succeed in a turbulent world are those in which managers are evaluated and rewarded for paying attention to both c
Dmitry_Shevchenko [17]

Answer:

True

Explanation:

When a company has managers that pay attention to cultural values and business performance, the company will succeed. This is because the manager has effectively ensured that organizational culture is shared among all employees and as such helps to improve efficiency and performance of the company in discharging it responsibilities and meeting it's goals.

Cheers.

5 0
3 years ago
"Have you considered paying workers for what they produce? I found that when I paid employees by the piece, their productivity w
madam [21]

Answer:

This a "scientific management" also known as Taylorism . The main approach of this school is reduce the waste to minimal and optimize workforce. Paying an employee per production will be a taylorism approach since you only pay for the effective production and if the employee wants to earn more money, the employee will have to improve his productivity in order to produce and earn more.

Explanation:

7 0
3 years ago
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