If demand is inelastic, this means that the amount demanded doesn't change with the increase of price. In this case, if John were to raise prices, we assume that quantity demanded would stay the same and John would make more revenue.
I would say that the work that Benji conducted on the books of the Sanborn Corporation would be classified as a financial audit because she checked their figures, examined their accounting procedures and prepared a report so this would qualify as an audit.
Answer:
The answer is D. Open communication is key in building lasting relationships whether in business or in personal relationships.
Explanation:
For two companies to maintain a strategic relationship, there must be open communication. Whitney displayed correct understanding of this ingredient for strategic relationships.
That was why she was open enough to work out a more amicable relationship with Rodney. She discussed her sales goals and new ideas for the business. On Rodney's part, he showed no interest. He was not ready to discuss his own sales goals.
Rodney lost a golden opportunity offered by Whitney by opening up communication. He should have embraced the chance to bring up his concerns and discuss his goals openly, unless he is hiding something. He could be deliberately overcharging on price. These comments remain mere guesses as Rodney failed to open up.
Answer:
The correct answer will be "Tactical planning".
Explanation:
- Tactical scheduling or planning seems to be an essential factor of commercial enterprise which differs significantly from traditional forms of effective decision-making. The phase of tactical preparation occurs in real-time, following the short-term results.
- With nothing more than a tactical approach in place, the company will make fast strategies to excel inside that chosen field of work.
So the above seems to be the correct answer.
Answer:
Explanation:
Return on common stockholders' equity for 2015:
(Net income - preferred stock)/Equity
(63,000-5,400)/2,400,000 = 57,600/2,400,000 = 2.4%
Return on common stockholders' equity for 2015:
(99,000-5,400)/3,000,000 = 93,600/3,000,000 = 3.12%
From these calculations, it is clear that return has improved.
