Answer:
c. Companies and industries with lower levels of compensation have lower turnover rates
Explanation:
Sales force compensation refers to how a company compensates its sales team for its efforts. They are the methods applied to pay sales representatives. A company may decide to pay, either a fixed salary, salary plus commission, or commissions only.
If sales representatives feel that they are not adequately compensated, they may opt to look for better-paying jobs elsewhere. Companies that pay lowly will always have a challenge in attracting and retaining the best sale people in the market. Sales incentives serve as a motivating factor to the salespeople. A business or industry that pays poorly will have high employee turnover, as its workers will be always be seeking greener pastures.
Answer:
D) None of these answers are correct
Explanation:
None of the answers are correct because the definiton of current liability is a debt or obligation that has to paid off before the fiscal year ends. In other words, current liabilities are by definition short-term obligations, and all the options in the question refer to long-term obligations.
Answer:True
Explanation:A limited partnership is a form of partnership business between two or more patners in which the major partner which is the general patner has controllable interests in the running of the business and making the managerial decision while the other partner(s),which is the limited partner has only a limited liability equating to the amount invested by him/her.But in the case of the general partner,he/she has unlimited liability of the business debt.Also,the limited partner(s) core&only objective is just about making profit/returns of his/her own initial investment.
So in the case of Emma Pebble and Chase Stone,Emma is the general partner who actively takes part in the running of the business,thus bearing the major risks&liablities,while Chase is the limited partner whose only interest is to partake in profits from his initial investment.
Answer:
d. Provides a guarantee of payment from the buyer, reducing the credit risk to the seller
Explanation:
A letter of credit is a document that guarantees a seller of payment from the buyer. It is drafted and issued by a bank assuring the seller of timely and full payment. A letter of credit is applied mostly in international trade where the buyer and seller hardly meet or know each other.
Banks issue a letter a credit against cash or other securities. Should the buyers fail to make payment, a letter of credit assures the seller that the bank will take responsibility for the payment. Banks usually charge a fee for issuing letters of credit.
Answer:
C) Decrease bank reserves, decrease bank loans and decrease the money supply while raising interest rates
Explanation:
Selling by the Federal reserve of government securities is an application of contractionary monetary policy. These securities are purchased by the commercial banks which results in a reduced reserve for these banks. This reduction in reserve restricts credit creation which is the banks, ability to lend loans. When there are less loans in the market - there is a reduced money supply in the market and thus the cost of borrowing or interest rates are pushed higher because of limited money supply.
Similarly purchasing these securities will leave banks with ample money and more credit can be created thus inducing the opposite effect.
Hope that helps.
