Answer:
The correct option is B,common shareholders have a claim on the company's assets only after the claims of debt-holders and preferred shareholders have been satisfied.
Explanation:
The debt-holders have priority over preferred shareholders and common shareholders in laying claims to the assets of the company.This accounts for the reason why payment of interest on their loans is accorded highest priority.
The preferred shareholders have priority on company assets over the common shareholders in the event of company going bankrupt.
The common shareholders are at the bottom-line in terms of claims t assets upon liquidation,however they share in excess gains from liquidation as they are the original owners of the company entitled to higher risks and rewards.
A project plan describes the business need (the problem the project will solve) and the justification, requirements, and current boundaries for the project. The correct option of this question is c i.e. project plan.
A project plan is formal documentation that defines the stages of the project and its execution. This includes the business need, the resources required and their justification and optimized application and the extents of the project. Project planning is done by the project managers and project planning softwares is used for this purpose. It is the who, how, what, why, where and when of a project.
<u>The other options are incorrect because:</u>
- Project scope is a part of a project plan and it determines what the extents, limits and boundaries of the project are.
- Project management is the use of specific tools and expertise to ensure the successful completion of a project.
- Project manager is the individual who plans, organizes and executes projects.
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<u>Answer: </u>Option D
<u>Explanation:</u>
When the government tries to reduce the production or consumption of certain goods taxes can help the government to perform this action. Taxes alter the resource allocation by giving disincentives for production, consumption or exchange of these goods. Consumer decisions on savings and retirements can be controlled through taxes. Through affecting their decisions, their behavior to take actions based on the decision can also be changed.
By keeping a check on the incentives of the people through taxes the demand and supply can be decreased. This further decreases the productivity of the country.
Entrepreneurship encourages healthy competition. It
also improves economy by being able to partner with big companies in the other
countries. Bheki Kunene, a young entrepreneur of South Africa, was able to
partner with numerous companies across the world. And lastly, it encourages
healthy competition.
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Answer:
extensive communication mechanisms.
Explanation:
High-performance teams is a term often used in organizational settings to describes teams that often performed better than other teams and beyond expectation. They are associated with various characteristics amongst others which are:
1. Presence of extensive communication mechanisms
2. Constant collaboration among team members
3. Define objectives and goals
4. Ability to tackle and resolve conflict amicably with speed.
