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erastova [34]
3 years ago
12

Taubestan produces nearly 97% of the quinoa consumed around the world, and most of it is sold to wealthy nations. Although there

are other areas where the seed will grow, including some areas in wealthier nations, the majority of the quinoa sold is imported from Taubestan. This country has a(n) ________________ in the production of quinoa.
(A) absolute advantage
(B) comprehensive advantage
(C) tertiery advantage
Business
1 answer:
kaheart [24]3 years ago
5 0

Answer:

The correct answer is letter "A": absolute advantage.

Explanation:

Absolute Advantage is an individual company, or country's ability to produce a good or service at a lower cost than any competitor. An organization with an absolute advantage requires fewer inputs or more efficient processes that allows the firm to lower prices and earn higher profits compared to its rivals.

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wgu A real estate agent representing the buyer tells the seller that the buyer would be willing to pay much more than the asking
yKpoI14uk [10]

Answer:

The correct answer is Duty of loyalty.

Explanation:

The corporate sphere bears an important analogy with the contractual one, in the sense that in both the agreements of the parties and the provisions of the law must be fulfilled, that is, there is a duty of loyalty of the partners and a duty of loyalty of the administrators. However, any action carried out by a subject, over and above private covenants or regulatory provisions, must follow a standard of conduct that imposes a certain ethical behavior in legal relationships, that of good faith.

Therefore, and without delving into the normative level, noting that behaving under the strict principle of good faith with society would be the partner's main duty. Here it is possible to know the concrete scope of this principle as a source of special duties for the parties in the corporate sphere. Thus, a duty-generating principle is derived from it: cooperation, information and protection.

7 0
3 years ago
Once a trial balance has been prepared, the next step of the accounting cycle involves: a. Classifying the transactions into log
Mice21 [21]

Answer:

The correct answer is letter "B": Preparing financial statements such as the balance sheet, income statement, and statement of cash flows.

Explanation:

A trial balance is a worksheet listing the debit and credit balances of all the ledger accounts for an entity. Under accounting theory, the total of all the debits must equal the total of all the credits. Since the trial balance is a list of all the accounts it serves as an accuracy check before the company prepares the financial statements including the <em>Balance sheet, Income </em>and <em>Cash Flows Statements</em>.

3 0
3 years ago
XYZ Insurance Company uses class rating to determine the rate to charge for insurance. For one type of insurance, the pure premi
hichkok12 [17]

Answer:

$100

Explanation:

Insurance coverage is the sum of expenses paid and the premium paid on these expenses.Total coverage is the calculated by adding the premium and expense. In this question premium is the $75 and the expense ratio is 25%.

As we know

Coverage = Premium + Expense

Coverage = 75% + 25%

So, based on above equation we can calculated the expense as follow

Expense = $75 x 25% / 75% = $25

Coverage = $75 + $25 = $1,00

6 0
3 years ago
Ted's company has recently reorganized. He has been reassigned into a new role for which he feels unprepared, and he is not sure
Paul [167]

Answer:

These are the options for the question:

  • Peer pressure
  • Personality conflict
  • Climate of mistrust
  • Fear of failure

And this is the correct answer:

  • Fear of failure

Explanation:

Ted is afraid of failing at his new role, he is suffering from fear of failure. This is because Ted was accustomed to completing a set of tasks specific to his previous position in the company.

Now that the company has reorganized, he has been given a new position, and new tasks to complete, and he does not feel at ease at first, likely because he lacks first-hand experience with some of the tasks.

4 0
3 years ago
If capacity is expensive and inventory is cheap, a good reason to hold inventory is to level load capacity by using inventory as
Ber [7]

If capacity is expensive and inventory is cheap, a good reason to hold inventory is to level load capacity by using inventory as a buffer between demand variability and capacity utilization-<u>The statement is true</u>

Explanation:

<u>Capacity management</u>  can be defined as the act of management to ensure maximization of the product output and the potential activities associated with  production,under all the given circumstances

The<u> capacity of a business measures</u> how much the business  can achieve, produce, or sell within a given time period.It refers to the maximum output rate  a company can produce

<u>Load capacity</u> is use to define the  maximum demand, stress, or load that can  be placed/leveled  on a given system under normal or specified conditions for an extended period of time.

4 0
3 years ago
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