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alexandr1967 [171]
3 years ago
10

Pete is a recent finance graduate who has two passions: music and finance. Upon graduation, he was offered an opportunity to joi

n a struggling rock band with a lot of potential, or a job at a large well-established financial services company. By joining the band, he will forego which of the following?
Business
1 answer:
timama [110]3 years ago
8 0

Answer:

He will forego 'job at a large well-established financial services company'

Explanation:

Pete's opportunity cost of 'joining band' is - 'job at huge financial service company'.

Opportunity cost is the cost of next best alternative foregone while choosing an alternative.

Eg: If I like rice & noodles, opportunity cost of eating rice is the other best option i.e noodles.

Similarly: Pete having 2 options of following Music or Finance; deciding to join band - has opportunity cost as the other option i.e 'job at huge financial service company'

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<span>In my opinion, the managerial implications of a borderless organization could be a language barrier: complete from a different spoken language to even just day to day colloquial words or phrases. Another could be different labor laws in different countries. Another big one is the fact that different time zones could come into play and if improperly accounted for or organized with, this could really turn business upside down.</span>
7 0
3 years ago
ABC Corp., an issuer, is planning to implement an employee share purchase plan. Substantially all employee s that meet the limit
garri49 [273]

Answer:

The ABC Corporation is planning to implement an employee share purchase plan on the basis of the codification.

The codification that outlines that employees meeting the limited employment qualifications may participate on equitable basis is '718-50-25-1'.  

The codification '718-50-25' is named as 'Recognition' and the given point is mentioned in point 'b' of '718-50-25-1'.  

8 0
3 years ago
Which statement about advertising’s characteristics is correct?
GREYUIT [131]

Answer: Advertising seeks to appeal to a mass audience with a uniform message.

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Advertising aims at getting across a message of a product to its target customers via the various channels of communication such as: social media, T.V, radio etc.

4 0
3 years ago
A government inspection has required your company to upgrade the safety equipment in the manufacturing process of ice creamery.
lapo4ka [179]

Answer: Option E

Explanation: In simple words, the group of factors outside the organisation that are not in the control of the management are called external environment. The legal-political dimension refers to the rules and legislation passed by the authorities for effective operating of the society as a whole.

In the given case, the inspection leading to safety upgrade was done done by the govt. Such requirement depicts that the safety structure was not as per the law passed or rule made.

Hence, from the above we can conclude that the correct option is E.

6 0
4 years ago
An $11,000 mortgage has a 30-year term (requiring monthly payments) and a 6% nominal interest rate. (a) What is the monthly paym
neonofarm [45]

Answer:

Answer:

a) Monthly payment = $65.95

b) Remaining balance on her loan after making 12th payment = 11,000 - (65.95 x 12) = $10208.6

c) Interest paid in month 13 = 10208.6 * 0.5% = $51.043

  Principal paid in month 13 = $65.95 - 51.043 = $14.907

Explanation:

Using financial calculator:

PV = 11,000

n = 30 years = 360 months

i/r = 6%/year = 0.5% / month

FV = 0

PMT = ? (Monthly payment = ?)

a) Monthly payment = $65.95

b) Remaining balance on her loan after making 12th payment = 11,000 - (65.95 x 12) = $10208.6

c) Interest paid in month 13 = 10208.6 * 0.5% = $51.043

  Principal paid in month 13 = $65.95 - 51.043 = $14.907

Explanation:

8 0
3 years ago
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