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MariettaO [177]
3 years ago
11

General partnership vs limited partnership

Business
1 answer:
umka2103 [35]3 years ago
5 0

Answer: The difference between the two can be explained as follows :-

Explanation:

General partnership is form of business arrangement under which two or more individuals agree to share all assets and liabilities of business . Under this arrangement the partners agree to bear unlimited liability , that is, their personal assets can be held liable in case of any default in business.

A limited liability partnership is a partnership under which it is must to have one general partner and one limited partner. In this case limited partner is only liable to the extent of his or her investment while general partner's liability is unlimited.

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The production manager decides that the primary part in production must be an "A" standard part, and "B" parts, although less ex
9966 [12]

Answer:

<u>Operational decision</u>

Explanation:

Remember, management takes several decisions which could be;

Group decisions,

Strategic policy, and

Operational decisions etc.

However, operational decisions are taken <em>usually by Top Management such as the production manager </em>in this scenario concerning issues that have a long time effect on the organisation's operational efficiency.

One such issues is the manner in which production is carried out.

8 0
3 years ago
In east icicle, minnesota, on the northern edge of the corn belt, the growing season is short and the soil is poor. corn yields
user100 [1]

The answer is marginal costs in both places are the same. This is because the farmers in both places are profit-maximizers, the value in each flat is equal to MC or Marginal Cost and subsequently the market of corn is competitive, the price of corn in both places is the same. Also, marginal costs are higher in East Icicle than in Corncrib can also be a possible answer. For any given outflow per acre Corncrib’s corn yield are far better than in East Icicle, at any level of output, the marginal cost per acre in East Icicle must be higher in Corncrib, which suggests that in equilibrium the output level of corn in East Icicle is less than the output level of corn in Corncrib.

8 0
3 years ago
Aisha is an employee at Bento Food Mart. Aisha is called for jury duty and as a result cannot work her scheduled shift. Bento fi
makkiz [27]

Option a, With respect to the employment-at-will doctrine, this is an example of the doctrine .

<u>Explanation: </u>

Under labor law reintegration applies to the reinstatement of the employee into a position he has quit without losing seniority or other benefits. Typically required, along with the severance pay, under unfair situations, by an organization such as the National Labor Relations Board or the judiciary

Reinstatement is open for those who have served a government job or work position in the past. The reinstallation privilege does not; however ensure an offer to work.

A legal doctrine is a history, a set of rules, practices, or measures which are often laid down in common law by precedent, by which rulings in a particular legal case can be made.

4 0
3 years ago
The new performance management system at the Long Island Jewish Medical Center (L.IJ.M.C.) was specifically designed to address
vredina [299]

Answer: B; Ratings of employee traits are not effective measures of performance.

Explanation:

The performance of an employee in their work environment should be measured on how they perform their job duties. A persons traits can be more or less linked to some performance but it will be dependent on the leader's situation. Everyone has different traits in any job and each should be measured differently not together.

Some types of performance based appraisal systems will attempt to force management rate the employees on their actions and not their traits. By doing this, it will improve the companies performance ratings.

5 0
4 years ago
Kim has just learned that Caribou Coffee is looking for a new source of commercial-grade coffee makers, one of the products she
timurjin [86]

Answer:

Modified Rebuy

Explanation:

Modified Rebuy is the situation or circumstance of buying in which the organization or an individual purchase the goods that have been purchased or bought prior but changes either some other elements or supplier of the previous or prior order.

In this situation. the buyer wants the modification product specifications, suppliers, terms and prices.

So, in this case, Caribou is looking for the new supplier for the product it has bought in the past, which makes the situation of modified rebuy.

7 0
3 years ago
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