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julia-pushkina [17]
3 years ago
10

The duty of a firm to maximize profits for its owners or stockholders is referred to as _________.

Business
1 answer:
kherson [118]3 years ago
7 0

<span>Profit responsibility refers to the duty of a firm to maximize profits for its owners or stockholders. They should maximize and balance profit-making activities that will benefit the society in general.  There is a need to contribute </span>o avoid or reduce negative publicity or generate positive press to improve your brand.

<span> </span>

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Actual fixed overhead is $33,300 (12,000 machine hours) and fixed overhead was estimated at $34,000 when the predetermined rate
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C. $34,500

Explanation:

Given the above information, applied fixed overhead is computed as;

= Standard hours allowed for actual production × Predetermined rate

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Then,

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A key aspect of participative leadership is ______. decreasing repetitive work creating an inclusive environment clarifying the
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A key aspect of participative leadership is: A. decreasing repetitive work.

<h3>What is participative leadership?</h3>

Participative leadership can be defined as a form of leadership and management style that involves an invitation of all of the team members to join in the decision-making processes and proferring solutions to a problem.

Basically, a fundamental characteristic and key aspect of participative leadership is that it would help to decrease repetitive work in a business organization.

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During a liquidation, capital deficiency means that at least one partner has a (debit/credit) balance in his or her capital acco
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During a liquidation, capital deficiency means that at least one partner has a (debit/credit) balance in his or her capital account at the point of final cash distribution, which means that debit ( deficiency means partner has debit in capital).

<h3><u>What is liquidation of capital ?</u></h3>
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