Answer:
a conglomeration.
Explanation:
When a business grows through unrelated diversification, acquiring companies in different industries, it is called a conglomeration. The word conglomeration means that a thing which is made from totally distinctive elements. In business the a conglomeration is a corporation made by combination of different and unrelated business. Many small company with diversified business combined together to make a conglomeration.
Answer:
Consider the following explanation
Explanation:
The discussion started with Mr. Friedman explaining how the want and setting up on MNCs have become way more easier than it was a couple of decades ago. This is because the role of business in the society has increases. With increasing population the demand needs to be met on that level as well. Agreeing with the latter point Mr. Karthik said that yes, the demand needs to met but that should not make MNC and their setup easy. The quality according to him suffers.
Mr.Karthik said that the MNCs are also huge retail shops who must make sure that their production of goods and services are worth opting for. This is actually what business is supposed to do. Unlike the two gentlemen who are busy taking out the judgement on what is right and wrong in business and role it plays in the society, Mr.SInger started to add an important aspect. According to his view the greater role of business today, lies in the fact that it must benefit the society and reap positive externalities.
This is where the Corporate social responsibility comes in. The usage of resources and then replenishing it back into the nature is very very important according to Mr.Singer. He explained why the industries should not be given the liberty to discharge waste anywhere but must be either penalised or made to indulge in the act of social responsibility. With such conclusive thought s all th three agreed on a larger perspective of business.
Answer:
The amount received on June 24 is $686
Explanation:
given data
sold account = $1,000
terms = 2/10, n/30
returns merchandise = $300
to find out
amount of cash received on June 24
solution
we know here that payment is made within the discount period
that is discount period = 10 days
so amount received will be here
amount received = sold account - returns
amount received = $1000 - $300
amount received = $700
and discount is here
discount = 2% of amount received
discount = 2% × $700
discount = $14
so
amount of cash received is = amount received - discount
amount of cash received is = $700 - $14
amount of cash received is $686
Answer:
PV=$15,500,000
Explanation:
To know the present value (PV) of the winnings we use the following formula:
PV= (F1/(i-g))*FC
F1= Payment in t=1 ( In this case it is $1,000,000 because you will receive it in one year)
i= interest rate (or discount rate: 6%)
g= growth rate (2%)
n= number of periods (25)
FC= 1-[(1+g)/(1+i)]^(n)
We replace in the formula:
FC= 1-[(1+2%)/(1+6%)]^(25)
FC=1-[0.382]
FC= 0.618
Rounded to 2 decimal places
FC= 0.62
PV=(1,000,000/(6%-2%))* 0.62
PV=(25,000,000)*0.62
PV=$15,500,000