Restrictive because you need to restrict on using your savings money.
It is probably safe to say that most if not all decisions involve trade-offs. For example a person may be offered a job that pays well but requires 7 days per week for a month and while this is good for a younger person with no other commitments it may not work for an older person with his own family commitments and other projects. Another decision could be that for support, a husband decides to not take on major time consuming projects while his wife is doing intensive studying to become certified in a field of her choosing so that he can support her. Another example is that when one cannot drive one's son with a disability to a beach to swim because it is too far and uses too much car gas, the money saved on gas some of it could be spent on his groceries.
Answer:
a. In the 17th century, the Dutch East India Company allied with a powerful leader in Indonesia to gain exclusive access to spices, and during the company’s existence, it carried about five times the shipping tonnage of its nearest competitor, an English company.
b. In the 1970s, the Sumitomo Bank of Japan bailed out two major corporate customers at a cost of over $1 billion, greatly hurting its profitability. However, its loyalty to its customers enhanced its reputation, and by 1981 it was Japan’s most profitable financial institution.
d. The Finnish company Stora Enso appeals to the world’s desire to use renewable resources by developing new packaging, paper, textile, and other products based on sustainably grown wood. Quarterly profit recently rose 38% year over year, and the company has garnered much recognition from environmental groups.
Explanation:
Basically there are 3 types of strategies that a company can carry out to try to gain a competitive advantage over its rivals:
- cost leadership strategy: sell the company's products at the lowest price usually through economies of scale. E.G. DUTCH EAST INDIA COMPANY
- differentiation strategy: sell a unique and different product, usually high quality or innovating products. E.G. SUMITOMO BANK
- focus strategy: focus the company's products towards a narrow target segment (niche) either through cost leadership or differentiation. E.G. STORA ENSO
Answer:
The correct answer is letter "B": That no other person was involved in the fraud in question.
Explanation:
In admission-seeking interviews, a professional interviews an individual that is alleged of being part of a fraud. It is vital for the interviewer to have knowledge on the facts that led to the fraud and beginning from there to have a well-thought series of questions that may allow to confirm if the individual is guilty or not. Before the interview, it is not so important to know if another person was involved in the fraud because that is something the professional might find out during the interrogation.
Answer:
$147,138.34
Explanation:
Interest Expense for 1 month = $151,000 * 14% * (1/12)
Interest Expense for 1 month = $151,000 * 0.14 * 0.083333
Interest Expense for 1 month = $1761.65962
Interest Expense for 1 month = $1,761.66
Principal amount = Total payment + Interest Expense for 1 month
Principal amount = $2,100 + $1,761.66
Principal amount = $3,861.66
Principal balance = $151,000 - $3,861.66
Principal balance = $147,138.34
