Answer:
The present value for this bonus is $30,018.13
Explanation:
pv n i FV
754.72 1 6% 800
1601.99 2 1800
2350.93 3 2800
3009.96 4 3800
3586.84 5 4800
4088.77 6 5800
4522.39 7 6800
4893.82 8 7800
5208.71 9 8800
<u>30018.13 </u>
Advantages:
<span>Current employees already know the rules, regulations and culture of the organisation.Employees have understanding of how the organisation operates and do not need an induction programme.The organisation knows employees and have detailed records from previous supervisorsOffering opportunities to internal employees may boost the morale of the staff members.Allowing employees to move vertically and horizontally within the organisation could reduce the possibility of her looking for another job.A positive image is created in the organisation</span>
Disadvantages:
<span>No new or fresh ideas are brought into the organisationThe job advertised may require skills not currently available within the organisationPromotion of an internal employee could cause resentment amongst other employees, who may feel they deserve the post more than the promoted employee.The number of applicants from which to choose may be too high or limited.It is possible to promote less qualified employees than those from outside of the organisation, in order to comply with the internal recruitment policy or the Employment Equity Act.Most internal applicants have been stagnant in their posts for so long and will not positively contribute any new ideas.Harden negative attitudes of internal employees cannot be changed by promotion.Lazy employees cannot suddenly change into ‘star’ employees because they have been promoted.<span>Contagious negative habits and behaviour by one negative employee can easily be passed on to other divisions.
</span></span>
Answer:
Capital
Explanation:
Factor of production are defined as resources or input that are used in production process to get output.
The factors of production includes land, labour, and capital.
Although these are not part of the final product , they facilitate production.
In the given scenario Louis is planning to raise funds for her new business venture.
This is an activity aimed at raising capital for the business.
Capital is a sum of money that is used to start or run a business.
Answer: OPTION D
Explanation: In simple words, intangible assets refers to those assets which does not have any physical existence but still are crucial for the operations of the organisation. Goodwill and patent rights are some of the examples of intangible assets.
These assets could be long term or short term therefore they are shown as a separate classification in the balance sheet.
Hence the correct option is D.
Answer:
has an unlimited territory.
Explanation:
In the given scenario Lucy is running an online business with the support of Notable Moments a franchise.
Businesses can be brick and mortar or physical buildings that requires clients to come to a particular location.
Secondly they can be via online channels like website in the case of Lucy where the clients she can reach are not in one location.
Because of the wide spread of the internet Lucy's territory is unlimited. A person on the other side of the world can patronise her business.
