Answer:
For this situation, Answer will be (A).
Enforceable as private law.
Explanation:
- Private Law: it is the branch of law in which the relationship between a person or an institution or a government explained.
- Enforceable law: Enforceable means able to be enforced. A right or province can be enforced if a individual who is bound by an act may be forced or ordered to execute with the law process. To put it another way, enforceable is an action that can be effective.
It is true that the shared value creation framework aims to reconcile the concept of gaining and sustaining a competitive advantage with corporate social responsibility.
<h3>What is corporate governance?</h3>
This refers to a formal system of oversight, accountability, and control for organizational decisions and resources.
It is the set of processes and tools which controls the operations of an organization.
Learn more about corporate governance here :
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Answer:
c) Hotel rates for AAA members are lower than for nonmembers.
Explanation:
In business, the term price discrimination refers to the strategy by which the seller charges a different price for the SAME product because the seller knows that the client will pay that price. The key word of this definition is that the seller is offering the <u>same</u> service/product but at different costs
If we take a look at our options we can see that a) offers a different service (one is overnight shipping and the other is standard), b) also offers a different product (first-class seats vs. coach), finally, c) offers the same product (the same hotel rooms) but non members pay more for the rooms than AAA members.
Thus, the correct answer is c) Hotel rates for AAA members are lower than for nonmembers.
Answer:
It serves as a medium of exchange.
Explanation:
It serves as a medium of exchange is the correct answer because in the trade money plays an important role and it makes the trading very easy as compared to barter system where a person has to find the other person who is in the need of same commodity through which the other person wants to exchange. Moreover, the use of money as a medium of exchange eliminated all the problems that were in the barter system.
