Answer:
c. lower the risk of supply disruption
Explanation:
Having multiple suppliers is always a good sourcing strategy, as it <u>minimizes the risk of supply disruption</u>. If one of the suppliers fails to maintain the contract due to various reasons (bad business operating), the risk is dispersed among a few suppliers, so there is the contingency principle applied.
This way, the supply chain never gets disrupted.
Companies that use job-order costing make unique products.
<h3>What is job-order costing?</h3>
Job order costing can be defined as a costing method that is used to calculate the cost of each unique item produce or the cost of producing each unique product that is different from the ones in the market.
Example companies can make use of job-order costing when they produce a unique bag or shoe for their customer.
Since this product they produce for this customer is unique, the manufacturer can tend to use job order costing to determine the price or selling price they will to charge the customer.
A company can use a job order cost method if it produce products with unique characteristics.
Inconclusion companies that use job-order costing make unique products.
Learn more about job-order costing here: brainly.com/question/24516871
Answer:
The statement is: False.
Explanation:
A bundle of resources has three characteristics: valuable (<em>the resource helps the company to pursue its objectives and is priceless for consumers</em>), rare (<em>limited competition</em>), and inimitable (<em>resource is not easy to reproduce by the firm's closest competitors or imitating it is expensive</em>).
Being<em> imitable </em>is the opposite of what a bundle of resources should be.
Answer:
yes, there is no separation between the administration and ownership in a partnership.
the partnership contract stipulates which partners have the decision making ability and which partners don't. We cannot say specifically that limited partners have no say in decision making.
Moreover, the control of the partnership is not based on the amount invested like in corporations. that too is based on the contract. however, in practice, yes if you have more money invested in the business, you have more influence.
Explanation:
Answer:
C. A risk averse investor would choose the economy in which stock returns are independent because risk can be diversified away in a large portfolio.
Explanation:
if stock prices move together, (positive correlation), the volatility of the portfolio will be higher. Higher volatility means higher risk. This is the case with the first economy.
In the second economy however, the stocks are independent of each other meaning there is zero correlation between stocks and hence the portfolio volatility will be much lesser.
As a risk-averse investor you will prefer the portfolio with lower volatility for the same expected return.
