Answer:
True
Explanation:
A core competency refers to those unique capabilities built by an organization which are hard to imitate by rivals and which give such an organization a competitive advantage over the rivals.
A casual ambiguity refers to the state of non clarity with respect to how consequences relate to the initial state of a phenomenon.
In the case of firm, the phenomenon being the built up to core competency which the rivals are unable to decipher with respect to the relationship between the firm's resources and capabilities.
Answer:
a. inelastic
Explanation:
<em>As you can see in the image I added, the curve that is close to a vertical is the inelastic one.</em> Inelastic means that the demand remains the same even if the prices go up or down.
I hope you find this information useful and interesting! Good luck!
Answer:
The correct answer is letter "A": Neither Italy or New Zealand.
Explanation:
Comparative advantage is the ability of an individual or organization to manufacture its products at a lower opportunity cost than its competitors. The scenario does not imply the individual has an absolute advantage. It actually means it sacrifices less to achieve that goal.
Thus, <em>Portugal has a lower opportunity cost than Italy in producing a bottle of wine. Portugal's opportunity cost is 1/2 while Italy's opportunity cost is 2. Neither Italy or New Zealand (or any other country not mentioned in the example) has a comparative advantage in producing wine</em>.
Answer:
See below
Explanation:
1. Sole proprietorship
A company with one owner, personal liability, and pass-through taxation.
The owner makes all decisions by themselves and keeps all the profits. Business income is also owner income. Likewise, business debts are the owner's debts.
2. LLC
A company with multiple owners, limited liability, and pass-through taxation. A minimum of one owner but no upper limit. Owners are referred to as members.
3. Corporation
A company with multiple owners, limited liability, and higher taxes.
It is regarded as a separate entity from its owners. A corporation is expected to file corporate tax returns.
4. Partnership
A company with multiple owners, personal liability, and pass-through taxation. A partnership is formed when friends or entrepreneurs with similar interests combine efforts to start a business. They develop a partnership deed that guides their business operations.
Answer:
Dennis Kozlowski was found guilty of grand larceny, falsifying business records, securities fraud, and conspiracy. He later admitted to have been driven by excessive greed as he overcompensated himself when he served as CEO of Tyco.
Explanation:
Dennis Kozlowski during his crime trial was found to have received "$81 million in unauthorized bonuses, the purchase of art for $14.725 million, and the payment by Tyco of a $20 million investment banking fee to Frank Walsh, a former Tyco director," according to wikipedia.com.
