Conducting business with <u>complete honesty</u> helps forge character and maximize competencies.
Honesty is a key function of a business because it sets the tone for the sort of work subculture that you need to create, affords consistency in workplace behavior, and builds loyalty and trust in clients and potentialities.
Honesty is plenty greater appreciated in the enterprise than in something else. It has the ability to expand your commercial enterprise, growth your high-quality popularity in the community, and help you create a tremendous logo picture. if you fee your clients and your business popularity, then you definitely must most effective work from an area of honesty.
Competency is the functionality to use or use a hard and fast of related know-how, capabilities, and capabilities required to successfully perform "essential work functions" or tasks in a defined work setting. capabilities are the understanding, skills, competencies, personal characteristics, and other "employee-based" factors that assist differentiate superior overall performance from common overall performance under certain circumstances. abilities are identified to certainly outline the critical functions of the process.
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Answer:
When a company sells different securities together (this usually happens during mergers and acquisitions):
- and the price of all the securities is not certain, the incremental method will first allocate proceeds to the sale of securities whose price is actually certain. The remaining proceeds will be allocated to the securities whose price is uncertain. E.g. total sales $10 million, stocks worth $5 million were sold and bonds worth ? million were sold. The company will allocate $5 million to stocks and $5 million to bonds.
- and the price of all the securities is certain, the proportional method allocates the sales proceeds proportionally among the different securities sold. E.g. total sales $10 million, stocks worth $5 million were sold and bonds worth $3 million were sold. The company will allocate ($5/$8) x $10 million = $6.25 million to stocks and $3.75 to bonds.
Answer:
individual transfer rights system.
Explanation:
Some countries use market-based systems to help control access to fisheries. One such program is the individual transfer rights system.
An individual transfer rights (ITR) system can be defined as a system in which the government of a particular country gives each fishing vessel or owner a specific percentage of the total fish allowable to be caught each year.
Answer:
$490,000.
Explanation:
To find out sales of Opal Company we will use below equation,
Sales = Variable cost + Fixed cost + Target profit
variable cost margin will be (1 - contribution margin)
= 0.7 (1 - 0.3)
we will consider sales as x,
x = 0.70x + $49,000 + 0.20x
x = 0.90x + $49,000
x - 0.90x = $49,000
x = $49,000 / 0.10
x = $490,000.
Sales = $490,000.
<u>Answer:</u>
b. The appearance of a substitute for DVDs with increase the elasticity coefficient for DVDs.
<u>Explanation:</u>
"Price elasticity of demand" refers to the proportion of a product's percentage change in demand quantity in relation to the percentage change in the good's price. Rates are fixed in a market economy by commodity supply and demand factors.
Markets consist of producers and consumers. Our analysis of buyers' behaviour is focused on demand curves; supply curves reflect sellers' behaviour. The lesser the good's price, the greater the quantity consumers want to buy, as per the “law of demand”.
If a new technology substitutes the DVD, which leads to decrease in their demand. This further leads to the increase in price. Assuming the elasticity is 3.0, a price increase of 10 percent will lower the demand quantity by 30 percent (30 percent/10 percent or 3.0). Thus, the DVD’s elasticity coefficient will increase.