I think the document described is the BUSINESS PLAN.
Business plan is universally defined as <span>a formal statement of </span>business<span> goals, reasons they are attainable, and </span>plans<span> for reaching them. It may also contain background information about the organization or team attempting to reach those goals.
Business plan is essential in planning to start-up a business. It is a result of extensive market research and planning.
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In order to create more wealth and provide better services, some nations recognize that A GOOD STRATEGY IS TO MINIMIZE INTERFERENCE WITH THE FREE EXCHANGE OF GOODS AND SERVICES.
Free exchange of goods and services will enhance the economic growth of a nation.
Answer: The last clear chance doctrine allows the plaintiff to recover damages despite proof of contributory negligence .
<u>Explanation:</u>
The rule of last clear chance doctrine law states that if the plaintiff is negligent it is not taken into account when the damage or the injury caused by the accident could have been prevented by the defendant before the accident. This law can save the careless behavior of the plaintiff and can claim for the damages or the injuries caused due to the accident.
Even if the negligence of the plaintiff is proved not to be the cause of the injury. The defendant could have prevented from the accident.
Answer:
$6,000,000
Explanation:
Change in risk = 0 in 1,000 to 1 in 1,000 = 0 to 0.001 = +0.001
Change in wage = $30,000 to $36,000 = +$6,000
Therefore:
wage/risk = 6,000/0.001
= $6 million or $6,000,0000
The value of a human life for workers with these characteristics should a cost-benefit analyst use is $6,000,000 because workers are willing to receive an extra $6,000 for a 1 in 1,000 increase in risk of death, implying a value of life of $6 million)Value of human life for workers with these characteristics = $6 million .
In order words the workers require $6,000 to accept a death risk of .001. The value of life implied by this is $6,000/.001 = $6,000,000.
Answer:
The correct option is (b) harvest or divest
Explanation:
In the case when the strength of the business is low and the attractiveness of the industry is weak so the suggestion is that harvest or digest
Here harvest refer to reducing the investment that made in the business or not to do the new investment in order to decreased the losses
While on the other hand, the divest refer the assets are sold and the same would become the part of an organization
Therefore as per the given scenario, The correct option is (b) harvest or divest