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marysya [2.9K]
3 years ago
6

Michael wong and sanjay patel, both lawyers, start a law firm together. both of them have unlimited liability for the debts of t

he business, and the management of the firm is equally shared between them. this law firm is an example of a(n) ________.
Business
1 answer:
UNO [17]3 years ago
6 0

The law firm that Michael Wong and Sanjay Patel started together is an example of general partnership. The general partnership is a way where partners have an arrangement of joining together in one business that will provide them unlimited liability in terms of the obligations in their partnership.

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concepts like value and relationship marketing are important in designing an organization's marketing program because such a pro
Elanso [62]

Concepts like value and relationship marketing are important in designing an organization's marketing program because such a program is what connects the organization to its customers.

 Below you can read further to understand more on customer relationship Management.

<h3>What is Customer Relationship Management?</h3>

Customer relationship management refers to the process in which a business or other organization  interacts with customers, typically using data analysis to study large amounts of information.

This also involves the process of nurturing positive relationships with your customers.

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4 0
10 months ago
There are three economy situations and two stocks Information is as follows Economy Stock A Stock B Booming 0.3 10 20 Neutral 0.
Bumek [7]

Answer:

a) A = 4.50% and B = 2.00%

b) SD for A = 4.15 %

c) Portfolio Return = 3.0%

Explanation:

a) Expected Returns for Both A and B respectively:

In order to calculate the expected returns, let's categorize the given data first.

Economy        Probability      Stock A       Stock B

Booming            0.30               10%               20%

Neutral               0.30                5%                 0%

Recession          0.40                 0%                -10% (not 10%)

So,

Expected Return for Stock A:

A =   Sum of (all Probability x Stock A)

A = (0.30 x 0.10) + (0.30 x 0.05) + (0.40 x 0.00)

A = 0.045

<u><em>A = 4.50 % </em></u>

Return for Stock B:

B = Sum of all Probability x Stock B

B = (0.30 x 0.20) + (0.30 x 0.00) + (0.40 x -0.10)

B = 0.002

<u>B = 2.0%</u>  

<em>b) Standard Deviation /Risk for Stock A:</em>

SD for A = Sum (Square Root (Probability*(Stock A Return - Expected Return of Stock A)²) )

SD for A = \sqrt{0.30*(0.10-0.045)^2 + 0.30*(0.05-0.045)^2+0.40*(0.00-0.045)^2}

SD for A = 0.0415

<u><em>SD for A = 4.15%</em></u>

c) Portfolio Return Given that:

                                        Value          Weight         Return

Stock A                          4000              0.4               4.50%

Stock B                          6000             0.6                 2.0%

                                      10000

Portfolio Return =  Sum of ( Weight x Return)

                          = (0.4 x 0.045) + (0.6 x 0.02)

                          = 0.03

<em><u>Portfolio Return = 3%</u></em>

6 0
3 years ago
Why is honesty an important component of bargaining it is not you can use more marketing techniques to sell a product if you str
ser-zykov [4K]

If a person doesn't trust you then they will tell other people and the other people won't trust you

8 0
3 years ago
Singapore Airlines is rated one of the best airlines in the world and often requires ticket agents to serve as baggage handlers.
kherson [118]

Ticket agents often deal with luggage and so cross-training makes them more efficient.

Singapore Airways has been named this year's 'global's exceptional Airline' in Skytrax's Global Airline Awards. SIA also took the pinnacle spot in the 'world's exceptional First class', 'satisfactory Airline in Asia' and 'exceptional First elegance Airline Seat' categories in the 2018 ratings.

Accomplishing service Excellence price-successfully. SIA has two major assets planes and those and it manages them in order that its carrier is better than its opponents' and its fees are lower. in contrast to different airlines, SIA guarantees that its fleet is usually young.

Singapore has usually been very progressive in relation to patron enjoyment. They have been the first airline to have satellite communications for passengers, and on-demand seatback entertainment screens for economy suites on board their A380.

Learn more about Airlines here brainly.com/question/24752362

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3 0
2 years ago
Which of the following is a benefit of outsourcing? a. It makes employees self-reliant. b. It helps a firm meet its expansion ne
Fofino [41]

Answer:

C. It eliminates jobs that tend to be repetitious.

Explanation:

Outsourcing is usually engaged in business to beat down the cost of production, it is the act in which a particular company invite another company from outside to carry out some service for them on agreement however, this service is been carried out at home.

It should be noted that one of the benefit of outsourcing is that It eliminates jobs that tend to be repetitious.

4 0
2 years ago
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