In this video, kevin describes ERP as a set of integrated software modules that support nearly all of their organization's business processes.
A business is an activity that makes a living or makes money by manufacturing or buying and selling products. It is also "any activity or business carried on for profit."
A company is an organization or company engaged in commercial, industrial, or professional activities. A business can be either a commercial enterprise or a non-profit organization. Legal forms range from limited liability companies to sole proprietorships, corporations and partnerships.
The definition of business is the profession or trade, the buying and selling of goods or services for profit. A business example is agriculture. An example of a transaction is the sale of a home. noun.
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Answer: Value of its stakeholders
Explanation: Tom's shoes is doing the charity work and also earning good profits from selling its product. Stakeholders refers to all those parties who will get affected due to operations of the business.
One of the stakeholders for every business entity is the society in which it resides in. Tom's shoes is creating value to one of its stakeholders by free distribution of its product to those in need .
In this question, it describes a culture that is low in
institutional collectivism. Institutional collectivism is a practice that gives
rewards to the action that gives positive results. In low institutional
collectivism, it shows that an individual gives an effort to reach its goal.
The shares of stock of the firm are to be treated as independent when there are specific risk attached to them.
Given an incomplete sentence related to insurance principle.
We are required to fill the blank with appropriate word so that the sentence gives appropriate meaning.
The appropriate word which will fit is independent.
Insurance is basically protection from financial loss. It is the form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An institution which provides insurance is known as an insurer, an insurance company, an insurance carrier or an underwriter.
Because the shares of stock are different so the company needs to get insurance of each types of shares individually.
Hence the insurance principle relies on the idea that firm-specific risk among different shares of stock is independent.
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Answer:
B
Explanation:
Inflation is a persistent rise in general price level.
When inflation is expected, Investors ask for an increase in nominal interest rate in order to maintain the value of investments.
When a security becomes more risky, the chances of default of the security increases, so investors ask for an higher total return in order to compensate for the increased risk of default.
Risk premium increases with the increase in risk of a security
Investors are less willing to hold the bond because there is the risk that the security won't be able to make the contractual payments
