The best way to increase economic efficiency on both a small and large scale is to divide labor tasks. This way each person or entity becomes a specialist in their field and output is increased and improved.
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Answer:
<u>a defense attorney instead</u>
<u>Explanation:</u>
From a financial standpoint, a <u>defense attorney</u> would more likely make more money than a<u> juvenile prosecutor</u> because a defense attorney could charge up more for certain cases than been a juvenile prosecutor who wants to ensure someone is convicted.
Also, in terms of purpose, I do feel a defense lawyer could make more impact socially by defending his or her clients.
Answer:
The correct answers are the options A, D and F.
A: Is managed proactively.
D: Focuses on the customer.
F: Ensures on-time delivery.
Explanation:
To begin with, the term known as <em>''Total Quality Management''</em> refers to the efforts that an organization does in order to achieve a permanent environment where the employees continously improve their ability to provide the goods or services that are being demanded by the customers. Moreover, the ''total'' part of the concept involves the fact that all the departments of the organizations must work proactively and focus their efforts in order to improve their operations and not just the production area. Therefore that the TQM focuses on the customer and ensures on-time delivery as well.
Answer:
7.7%
Explanation:
Risk premium is the return an investor would want for holding a risky bond. It is the excess return earned over holding a risk free bond
Risk premium = return on risky asset - return on U.S. Treasury bills
The U.S. Treasury bills is considered to be risk free because the US government cannot default
On the other hands, stocks are risky because companies can default on payment of dividends due to various reasons e.g. insolvency
11.7 - 4 = 7.7%
