A loan is usually gotten from a financial institution to solve a financial emergency which was unplanned for.
<h3>What is a Loan?</h3>
This refers to the obtaining of money from a financial institution and a formal agreement is made for the repayment of the money after a given period of time and with interest.
With this in mind, we can see that loan proceeds can be used to:
- Buy a house
- Go on a trip, etc
Please note that your question is incomplete so I gave you a general overview to help you get better understanding of the concept.
Read more about loans ere:
brainly.com/question/25239160
Answer:
true, defiantily true
Explanation:
if this helps can i have brainliest when u get the chance...thnx
Answer:
Explanation:
All of the above.
Companies will be attracted to nations that encourage market exchange and not restrict it, reward innovation, and protect people and property,
Answer:
a) Dominant strategy is for Rina to choose Right.
b) Musashi chooses left and Rina chooses right
Explanation:
As per the data given in the question,
a).
A winning strategy is the tactic a player selects regardless of the tactic other player selects.
When Rina selects left, Musashi selects right because (7>4)
When Rina selects right, Musashi selects left because (6>4)
When Musashi selects left, Rina selects right because (6>1)
When Musashi selects left, Rina selects right because (7>6)
So only dominant strategy is for Rina to choose Right
b)
In a Nash equilibrium, the players decide their strategies taking in consideration other strategy.
Hence, Musashi chooses left and Rina chooses right, (payoff: 6,1)
Answer:
1. Technology.
2. Social trends.
3. Economic shocks.
4. Political.
5. Nature of the workforce.
Explanation:
According to the amiable philosopher and mathematician, Alfred North Whitehead, "The art of progress is to preserve order amid change and to preserve change amid order."
The 5 specific forces acting as stimulant for change in an organization or business environment are;
1. Technology: it is a major external force, organizations should make use of new technologies, so as to maximize efficiency and increase productivity.
2. Social trends: social media changes can bring individuals together and influence their interests to share opinions, cultures perception and ideas.
3. Economic shocks: indices of gross domestic products such as unemployment, acquisitions, bankruptcy, recession impacts an organization.
4. Political: government policies, regulations and restrictions such as tax, minimum wage etc can cause a change in a firm. Companies should ensure they are operating at top notch in the competitive market.
5. Nature of the workforce: they should be able to adapt or respond to economic activities, such as demographic, immigration, multicultural society, etc.
Change agents in an organization are individuals acting as catalysts by assuming responsibilities for managing any of the aforementioned specific forces acting as stimulant for change.
