Answer:
COMMERCIAL TRANSACTIONS for the sale of and payment for goods.
Explanation:
In simple words, The Uniform Commercial Code (UCC), originally released in 1952, is among a series of Uniform Laws developed as legislation with the aim of harmonising selling as well as other business activity rules throughout the United States by some of the implementation of UCC by all of the 50 states , the District of Columbia, as well as the American Territories.
Answer:B. $1,500
Explanation:
Interest revenue is money earned when an entity or individual loans money to another. it can also be regarded as money accrued from investments. IT is calculated as
Interest Revenue = Principal x Rate x Time
= $100,000 x 6% x 90/360
= $100,000 x 0.06 x 0.25
= $1,500
Therefore the interest charge by the bank is $1500.
Companies create a division of labor among employees in order to allow each employee to perform one task at a high level
<h3>What is division of labor?</h3>
It involves Sharing of duties or job among individuals or employee.
An employee is allowed to handle a particular task for efficiency.
Therefore, Companies create a division of labor among employees in order to allow each employee to perform one task at a high level
Learn more on labor below?
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Answer:
The correct answer is E. respond quickly
Explanation:
Respond quickly is a great strategy to gain customers' fidelity.
Answer:
Kindly check explanation
Explanation:
Implementing plans where functional managers will be held responsible for cost overruns against their original estimate possess both advantages and disadvantages :
The advantages include:
1) Efficient use of Resources : A functional manager could be explained as the head or a person who has managerial authority over a department within a business organization. As such the functional manager will be able to monitor more effectively and take control of his unit. Holding them responsible for cost overruns will ensure that they are more cautious when it comes to resource and cost management as they will not want to be sanctioned.
11) ACCOUNTABILITY: It increases the sense of responsibility of the functional managers as they are being held fully responsible for the decisions made within their unit. This places a higher burden of showing sincerity on the managers.
The disadvantage associated with the plan is the possibility of producing low quality products resulting from the economical and cautious approach embarked upon in other to prevent cost overrun, materials used may be lesser quality than expected.
