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maria [59]
3 years ago
12

Leo Consulting enters into a contract with Highgate University to restructure Highgate’s processes for purchasing goods from sup

pliers. The contract states that Leo will earn a fixed fee of $25,000 and earn an additional $10,000 if Highgate achieves $100,000 of cost savings. Leo estimates a 50% chance that Highgate will achieve $100,000 of cost savings. Assuming that Leo determines the transaction price as the expected value of expected consideration, what transaction price will Leo estimate for this contract?
Business
1 answer:
fomenos3 years ago
6 0

Answer:

The transaction price would Leo estimated for this contract is $30,000

Explanation:

The computation of the transaction price is shown below:

= (Fixed fee + additional amount) × chance + fixed fee × chance

= $35,000 × 50% + $25,000 × 50%

= $17,500 + $12,500

= $30,000

hence, the transaction price would Leo estimated for this contract is $30,000

We simply applied the above formula so that the correct answer could come

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3 years ago
The type of leadership most appropriate when major changes are needed in an organization would be: Group of answer choices trans
alukav5142 [94]

The name which is given to the type of leadership which is <em>most appropriate</em> when major changes are needed in an organization would be transformational leadership.

According to the given question, we are asked to state the type of leadership which would be best suited when there is a need to effect major changes in an organization.

As a result of this, we can see that the name of this type of leadership is the transformational leadership as the leader<em> pushes the workers</em> to go beyond their self interests to see a change.

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Therefore, the correct answer is option A

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6 0
2 years ago
An economic expansion tends to cause the federal budget deficit to ________ because tax revenues ________ and government spendin
Gwar [14]

An economic expansion tends to cause the federal budget deficit to decrease because tax revenues rise and government spending on transfer payments falls.

What is economic expansion?

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6 0
2 years ago
Item 5Item 5Chet Bowes owns his own landscaping business, including all the land on which the company grows its plants, and all
grigory [225]

Answer:

right to private property and inheritance

Explanation:

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The right to inheritance refers to the right that an individual has to decide who will own his/her properties after they pass away. Unless stated otherwise, a person's offsprings are generally entitled to inherit the person's properties.

In this case, Chet is entitled to own his landscaping business (private property) and when he passes away his son, Josh, will inherit it.

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3 years ago
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Firdavs [7]

Answer:

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Thus, from the above we can conclude that the given case relates to customer service.

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