Answer:
I. False
II. True
Explanation:
Economic freedom refers to the human right to own and control private property and decide how your labor should be used. When Economic freedom exists, people are able to contribute freely to the economy in a way that they prefer in a stable environment that supports their ventures.
Evidence has shown that in countries where people have the liberty to engage in business as they see fit, the Economies grew faster and had a higher average GDP per capita than countries that did not.
This is why developed countries (usually have higher economic freedom) are better off than a lot of developing countries where several factors such as corruption hinder economic freedom.
Inspection
<span>·
</span>One unethical behavior when conducting an
inspection is when the inspector will received bribe money just to pass the
inpection and for own benefit.
<span>·
</span>Another example is doing the inspection
complacently because you and the owner are good friends
Process control
<span>·
</span>Selcting process controller that are cheaper
even it dues not meet the requirement
<span>·
</span>Posponing the maintenance just to maximize
profit
Process capability
<span>·
</span>Extending process capabilty too much just too
maximize profit even it is already harmful for the workers
<span>·
</span>Not desposing waste of the process properly
Answer:
Interest in 5 years will be $1418.07 which is near about $1420
So option (D) will be correct answer
Explanation:
We have given amount invested, that is principal amount P = $5000
Rate of interest r = 5 %
Time taken t = 5 years
As interest is compounded monthly so rate of interest 
And time period n = 12×5 = 60 period
So total amount after 5 year will be equal to
We have to find the interest
Interest will be equal to = total amount - principal amount = $6418.07 - $5000 = $1418.07
Which is near about $1420 so option (D) will be correct answer
Answer:
To maximize revenue based on current capacity, The Stadium Manager should set Premium Price for tickets.
Explanation:
If your aim is to maximize revenue based on the capacity of the stadium, Premium Price is your surest best.
Premium pricing is a type of pricing which involves establishing a price higher than your competitors to achieve a premium positioning.
You will attract the right kind of customers and when you set a premium price, you have raised the bar of expectation from your customers.
This will push the stadium to upgrade their customer service, their operations and delivery.
If this method is carried out properly by establishing club memberships and other marketing incentives, you will retain these premium customers and maximize revenue.
