Answer:
A Coase-like private solution would be a consensus solution between the Green Valley residents and the Factory, without any third party intervention (for example, intervention from the government).
Explanation:
In this situation, each one of the 1,000 residents value swimming in the lake at $100, because $100,000 / 1,000 = $100, and the company needs $50,000 to buy non-polluting machinery.
What the residents can do is to pay the company at least $50 each, because 1,000 residents x $50 dollars each = $50,000, which would be enough for the factory to buy the equipment.
If residents decide to pay more, say, $60, all the better, because this would probably be used by the firm to purchase even better equipment, which would increase the benefit for both the firm and the Green Valley residents.
Answer:
The answer to this question is True.
Explanation:
The one and only responsibility of the management towards financial reporting involves presenting the financial statements that were prepared by the them that is in accordance to the financial reporting framework that is applicable.
Hence the answer to this question is True.
Reengineering is being defined as the fundamental rethinking and redesigning of business processes to achieve the dramatic improvements in its critical and contemporary performance measures.
<h3>What is engineering?</h3>
Engineering is the process where the machines and its related items are being developed through application of scientific principles and concepts.
Reengineering is the technique where the dramatic upgradations in the overall performance of a business can be determined by modifying the structure of business and its related systems.
It is one of the most important strategy being developed in the early times of the year 1990s. It merely focused on the designing and review of the workflows in an organization.
Therefore, the provided definition relates to the term called Reengineering.
Learn more about the Reengineering in the related link:
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Answer:
c.
Explanation:
A network is a group of two or more points (buildings, people, computers etc.) that are linked together to share information. The key to building a network is to get people to enroll in your vision due to your enthusiasm or idea. The more people that believe in your vision, the more individuals will join your network. Which is what a network needs, more and more endpoints to contribute to its existence.