Agency<span> is a </span>relationship<span> between a principal and an </span>agent<span> in which the principal confers his or her rights on the </span>agent<span> to act on principal's behalf. Such a </span>relationship <span>is based on an </span>agency<span> contract. The rights and duties of the </span>agent<span> and principal are in accordance with the express or implied terms of the contract.</span>
Answer:
minutes of grinding= 60,468 minutes
Explanation:
Giving the following information:
Grinding minutes per unit:
Product A= 3.80
Product B= 5.30
Product C= 4.30
Product D= 3.40
Monthly demand in units:
Product A= 4,260
Product B= 4,260
Product C= 3,260
Product D= 2,260
A total of 54,900 minutes is available per month on these machines.
minutes of grinding= Total product A + Total product B + Total product C + Total product D
minutes of grinding=4260*3.80 + 4260*5.3 + 3260*4.3 + 2260*3.4= 60,468 minutes
Insurance: An arrangement to provide protection against a possible eventuality.
This group most likely received a rack rate.
The answer is e. brainstorming. Brainstorming is a group
activity technique, wherein a large number of ideas are created, while the
evaluation of these ideas are suspended and will be reviewed later on after
making a group agreement or decision. Brainstorming can also be used in terms
of solving a problem, by gathering ideas for a specific problem, through the
help of the spontaneous ideas given by the group’s members.
