The supreme court decision that struck down the quota system was the university of California versus Bakke.<span />
The salary double up after 25 years based on the inflation rate of 2.9 percent
What is the rule of 72?
The rule of 72 indicates the number of years it takes an amount of money to double, it is determined as the 72 divided by the inflation rate which is also the growth rate of salary in this case.
Years to double salary=72/growth rate
growth rate=2.9(without the % sign)
Years to double=72/2.9
Years to double=25 years
Approximately , rounded to the nearest years, it would take 25 years for the salary to double.
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In a fixed budget, if the activity level increases, some of the costs associated with the budget increase as well.
Typically, with a fixed budget the budget plan stays the same when activity increases or decreases. However, sometimes the increase is so large in activity that it's inevitable to increase budget costs to stay on the appropriate production track.
Answer:
B. Defensive Strategy
Explanation:
One thing that is inevitable in business is competition. Dexter decided to use a defensive strategy for his business with his retirement coming in and competition becoming even stronger.
Defensive strategies are management techniques used to "fend off attacks" from competitors. It helps the decision maker hold on to shares of the market. Some companies do this to lower the risk of being attacked when they perceive attacks coming from competitors so in turn, those competitors can focus on other competitors in the market.
I guess the correct answer is bringing together a group of talented and experienced managers to conceive, develop, and market products.
Apple Computer's "smart team" is an example of a firm that succeeded by bringing together a group of talented and experienced managers to conceive, develop, and market products.