Answer:
True
Explanation:
Remember, business persons are profit oriented, and so they are willing to make needed organisational decisions to achieve their profit goals while reducing their liability (loses).
For example, an organization may choose the hierarchical structure; where instructions flows from top level management to bottom instead of the divisional structure, which allows a spread of authority if deems it to limit their liability while allowing them to take risks that may lead to greater profits.
Answer:
B. Personal credit if it is a personal loan
D. If the individual applies to start a business
Explanation:
Typically Financial institutions extend loans based on "credit worthiness" (or credit score) of the individual and can be extended based on whether the individual has an asset to secure the loan. Lack of an asset can have a negative result (dependent upon the amount requested) if the loan request is for a large amount of money.
Answer:
D. Protection of domestic industries
Explanation:
Free trade is practiced when there are no restrictions on import and export of goods and services. The major objective of free trade is to facilitate growth of trade in a country.
All the available options are benefits of free trade except protection of domestic industries. There will be a tough competition for domestic industries where free trade is practiced because of the free flow of goods and services from foreign countries which can lead to excess supply in the market and thereby erodes the profitability of the domestic industries.Imported goods can also be cheaper compared to locally manufactured goods and this will make local goods unattractive to consumers, leaving domestic industries exposed to low demand.
So one of the benefits of free trade is not protection of domestic industries.
Answer:
Examine the reliability of the process.
Explanation:
As a high end clothing company, it is a very good initiative and welcoming to have clothes that possibly posses global version and global value so it is good for such routine checks to be done. This could be tedious and cost the company more than usual.
In this case where there are a reasonable amount of such clothes failing these routine checks, it is not too good for the company as more re-evaluations are to be done in order to cub the rate at which this is in the last six months. This process of examining the reliability process is the company's best bet to tackle the issue they have at hand.