A promissory note is a promise to pay someone back, it can best be described as a loan.
<span>Janet is a financial procurement manager of Unicorn Infra Inc. She is responsible for the efficient and effective management of the company’s funds. Her function includes planning, organizing, directing and controlling of activities with regards to its procurement and use. </span>
Answer: Let the manager know that a takeover is possible if he or she doesn’t perform well.
Explanation:
Agency problems refer to when managers take actions that benefit them instead of the shareholders of the company.
There are quite some ways to reduce the incidence of this happening and one of those is to let the manager know that a takeover is possible if they do not perform well.
Managers do not particularly like takeovers because the new owners of the company tend to get rid of the company's management who will be viewed as the reason for the company's failure or lack of growth. This will also impart on their reputations as good managers.
Answer: $34.33
Explanation:
From the question, we are informed that bond has a par value of $1,000, a current yield of 6.84 percent, and semiannual coupon payments and that the bond is quoted at 100.39.
Thee amount of each coupon payment goes thus:
We have to calculate the bond price which will be:
= $1000 × 100.39%
= $1000 × 1.39
= $1003.9
It should be noted that the current yield is calculated as the annual coupon amount divided by the bond price. This will be:
6.84% = annual coupon amount ÷ $1003.9
Annual coupon amount = $1003.9 × 6.84%
= $1003.9 × 0.0684
= $68.67
Each coupon amount will now be:
= $68.67/2
= $34.33
alejo knows that the actions that made him successful in the hotel industry may not work in the manufacturing industry. the two industries have very different environments. contingency theories
Leaders have resorted to the study of organisational behaviour to assist in enhancing the working environment for their workforce in order to make sure that businesses run efficiently. To more accurately predict and control an employee's level of motivation, organisational behaviour studies examine how they behave in the workplace. When using organisational behaviour data, however, there are a number of situational aspects that must be considered. According to the contingency theory, commonly referred to as the situational approach to management theory, situational factors can influence the connections between dependent and independent variables in the workplace, which can then affect employee behaviour, motivation, and effectiveness. The specific contingency theories of the particular organisation must be taken into account if organisational data analysis and employee motivation are to be successful. In accordance with the contingency hypothesis.
Learn more about contingency theories here
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