Answer:
The correct option is Hong Kong; Zurich.
Explanation:
Giveen:
Currency dealer in London New York Zurich Hong Kong
Bid/Ask Quotes for CHF $0.7464-71 $0.7469-76 $0.7471-74 $0.7460-70
Locational arbitrage can be described as the act of a currency speculator attempting to profit from tiny exchange rate discrepancies across several banks in different locations for a specific currency pair.
Since it is possible for the currency speculator to buy at Ask price from a bank in one location and sell it to another bank at bid price in another location, he will try to identify where he can buy at the lowest price to go and sell in another location with the highest price.
From the table above, Hong Kong has the lowest Bid/Ask Quotes for CHF of $0.7460-70 while Zurich has the highest Zurich of $0.7471-74. Therefore a currency speculator should buy CHF from the<u> Hong Kong</u> dealer and sell CHF to the <u>Zurich</u> dealer.
Therefore, the correct option is Hong Kong; Zurich.
Answer:
A) = c.) To each customer based on his or her willingness and ability to pay
B) = a. A hotel offering a promotion where customers submit the price they are willing to pay for a one-night stay
Explanation:
A)
First degree price discrimination is also known as the perfect price discrimination. The firm here is able to charge a different price to each individual, taking advantage of each persons' consumer surplus and maximizing the producer surplus. Therefore the correct answer is C for the first part.
B)
Since the hotel is able to charge each individual a separate price as per each consumers' own willingness to pay thus this is an example of perfect price discrimination as each individual will be paying a separate price.
Hope that helps.
Answer:
Proactive Stance
Explanation:
In business, Proactive Stance means that you take a precautions to handle the events that might occur in the future.
Maintaining loyal customers base and good core values tend to require higher cost for the company. since it has to put more investment in high level customers service or high quality materials.
But, in the long run, this will be beneficial for the company. Loyal customers tend to be the least likely to switch to another product. Not only that, if in the future company made a mistake that damage its reputation, loyal customers tend to be more forgiving. This is why maintaining loyal customers base tend to be considered as a proactive stance.
Answer:
The correct answer is letter "D": greater protection for whistleblowers.
Explanation:
The Organisation for Economic Co-operation and Development (OECD) is an intergovernmental organization that aims to promote economic progress and worldwide trade. The OECD established the Principles of Corporate Governance to improve the<em> legal, regulatory, </em>and <em>institutional framework</em>.
The OECD Principles include <em>ensuring effective corporate governance, equal treatment to shareholders, and disclosure and transparency</em>. <em>Because of the recent U.S. whistleblower situation and in an attempt to maintain investors' confidence the OECD enhanced the transparency principle granting more protection to whistleblowers.</em>