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amid [387]
3 years ago
10

It is quite clear that Jean-Baptiste Colbert, Louis XIV’s chief accountant, was instrumental in bringing back the financial glor

y of France after the Fronde (1648 - 1653). Colbert had instituted a clear and complete accounting structure for Louis that provided Louis with the financial information he needed to run his kingdom - including pocket size account books. Upon Colbert’s sudden death in 1683, however, Louis chose not to replace Colbert or continue this formal accounting function. Why was this the case and what were the implications for Louis and for France?
Business
1 answer:
muminat3 years ago
3 0

The correct answer to this question is the following.

Upon Colbert’s sudden death in 1683, however, Louis chose not to replace Colbert or continue this formal accounting function. The implications for Louis and France were bad.

As the meticulous accountant he was, Colbert established a stern control over the French finances, helping the country to stabilize the economy and the monarchy's finances. Emperor Louis XIV was an extravagant man who liked to spend the money of the kingdom. Well, Colbert managed it to establish control of the expenditure and had surpluses. Of course, this was not accepted by many people, including the king. So when Colbert died, "everything returned to normal," which means that the king started to spend money as he used to and the consequences were that France came back to those economic problems and the inequity that had characterized Louis XIV kingdom.

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Answer:

The correct answer is option b.

Explanation:

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As the number of domestic firms get reduced, the demand curve of the other firms will become flatter. This happens because of the foreign firms that bring in a large variety of goods in the domestic market.

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3 years ago
What seems to be the main source of conflict between supervisors and the HR department at Sands Corporation? Explain.
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Answer:

The main source of conflict that occured between the supervisors and the HR departments at Sand Corporation was the division of power that occurred between the Supervisors and the HR departments

Explanation:

The main source of conflict between the supervisors and the HR departments at Sand Corporation was the division of power that occurred between the Supervisors and the HR departments reason been that the supervisors feel that the power and authority that should have been with them or vested on them for hiring, compensation, appraisal, as well as training and pay increases has been appropriated and carried out by the HR departments.

WHILE the HR managers or HR departments on the other hand want to keep the authority to themselves because they believed and known that authority is a source of power.

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<h3 /><h3>What are the total transaction costs?</h3>

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