Answer: contingency
Explanation:
Contingency planning is a form of planning that is used by an organization in order to plan ahead in case an event occurs. Contingency plans can also be called a 'Plan B' due to the fact that it's an alternative action in case things does not go as planned.
Therefore, based on the question, Pinnacle is practicing contingency planning.
Answer: Option B and C
Explanation: In simple words, oligopoly refers to the market structure in which there are few firms operating at a huge level and selling products that are close but not absolute substitutes of each other.
The high level of investment and too much of legal formalities makes it difficult to entry in such industries. Firms in such industries produce identical goods thus they do not compete in the amaretto with respect to price.
the firms operate their market on the basis of non price factors such as advertisements but still are mutually interdependent on each other as a minor decrease in price of other can deregulate the demand in the whole industry. Automobile sector is one the primary examples of oligopoly.
Answer and Explanation:
a. Organizational structure = Control environment
Top management always keep organizational structure Therefore, it is a part of the environment of control.
b. Report of company's conformity with environmental laws and regulations = Information and communication
Company's compliance reports are confidential accounting information.
c. Proofs and security measures = Control procedures
Proofing and monitoring controls ensure company is achieving its target.
Answer:
Kate is most likely to Provide a fast response to the customer using customer care software.
Explanation:
Customer Service Executives job is to handle phone, internet etc, interactions with customers. They manage client claims, complaints and process customer orders.
She received a complaint from Mike(who is a customer) about an unnecessary deduction of $10 from his phone credit. If Kate is going to follow her job protocol, she need to provide fast, accurate and precise response to Mike(the customer) using the company customer care software.
Using the software and her knowledge of customer service she should be able to offer a professional approach in answering mike and provide information about the deduction.
Explanation:
Utility function is given by U=F^0.5C^0.5
Find the MRS which is -MUF / MUC
MUF = dU/dF = 0.5F^-0.5C^0.5
MUC = dU/dC = 0.5F^0.5C^-0.5
Now MRS = -(0.5F^-0.5C^0.5) / (0.5F^0.5C^-0.5)
= -(C^0.5C^0.5)/(F^0.5F^0.5)
= - C/F
From the budget constraint, we have slope = -Price ratios = -coefficient of F / coefficient of C = -2/1 or -2.
At the optimal choice, utility function is tangent to budget line so MRS = slope of budget line
- C/F = -2
C = 2F
Use C = 2F in the budget equation
120 = 2F + 2F
120 = 4F
F = 120/4 = 30 units
Then C = 2F = 2*30 = 60 units
Hence her optimal bundle of consumption should be 30F and 60C
(This is the correct answer. For a generalized results, I have attached the derivation of formulas)
