<span>The human population grew from 1 billion in the year 1800 to 6 billion in the year 2000. People are living longer than they ever have with newer medical practices. Families are also having more children.</span>
This is how Maria, as an industrial engineer at a Nissan plant, should change her production plans to respond to market changes:
- a. Nissan's cost of production will <u>decrease</u> and Nissan should <u>increase</u> its supply by manufacturing vehicles.
- b. With the demand for a 12% across-the-board raise by the Workers' Union, the cost of production will <u>increase</u> and Nissan should <u>reduce</u> its supply.
- But this production choices are not Maria's to make. They are made by the senior management of Nissan at the Headquarters.
Thus, the senior management can alter production plans in response to changes in market conditions when the changes are substantial.
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<span>New product strategy. This is a rather risky move to make but many small businesses do this when it fits in with their existing set up including distribution and sales. The key thing with this strategy is that he needs to know his market and needs to understand his current set up for creating, distributing, and the sales of his current products and how a new product will fit into this and is there a product that potentially fit better.</span>
Answer:
The correct answer is loyalty.
Explanation:
The fiduciary duty is the legal obligation to act in the interest of another.
The law prohibits the fiduciary from acting in any manner detrimental to the interests of the client, which is entitled to the best efforts of the fiduciary, while the fiduciary must exercise all the care and diligence at his disposal when acting on behalf of the client.
For its part, the breach of the fiduciary duty is when a fiduciary does not fulfill his responsibilities and obligations. In most cases, a third party will handle the claim of the breach of trust to ensure that it is handled correctly. The trustee may also be removed from the position and ordered to pay fines or other forms of compensation to the principal.
Even if a fiduciary claims that he was not aware of his responsibilities, he will still be charged with breach of fiduciary duty if he fails to fulfill his obligations.
Answer:
The correct answer is letter "D": discounting all expected future cash flows to reflect the time value of money.
Explanation:
Discounting cash flows takes place at any moment given when money is paid at one date but is received at a different point. Discounted cash flows are useful to measure the difference between the present value of money and the receivables that are expected to come at a later stage.