Answer:
Only going to dept for things you really need and have planned for
The answer is a voidable contract
Answer:
C. arithmetic average return
Explanation:
Arithmetic average return can be defined as the return on investment brought about by adding the returns for all sub-periods and then dividing it by the total number of periods. It overstates the true return and it is appropriate for shorter time periods and in this case, the best option for a performance forecast.
Answer:
D. must ensure that long-term goals of the firm are aligned with the short-term goals of each individual within the firm.
Explanation:
According to a different source, these are the options that come with this question:
A. Must evaluate its quarterly profit statement from an ethics standpoint.
B. must state its long-term goals in general terms, so as to not interfere with managers' short-term goals.
C. must always put society's needs ahead of the firm's needs.
D. must ensure that long-term goals of the firm are aligned with the short-term goals of each individual within the firm.
E. should adhere rigidly to legal standards in its industry.
F. The firm does not need to always put society's needs above its own; however, it is important to ensure that short-term behavior supports long-term goals.
A firm does not always need to put the interests of others ahead of its own. Moreover, it does not need to be able to reconcile short and long-term goals in all situations. However, it does need to ensure that, overall, the short-term goals of individuals are not against the long-term goals of the firm. In this way, it can better ensure a long-lasting impact and success.
