Answer:
Everyone involved in the transaction
Explanation:
As an agent of the seller, the broker has a fiduciary duty with the seller (principal) to act of behalf of his/her best interest.
But the broker must also act honestly with the buyer, if the broker closes a deal using dishonest or unfair practices, e.g. forging documents, then the buyer might claim damages from both the broker and the seller.
And of course the broker should also make sure that his/her own rights are respected and his/her work is properly paid.
Answer:
The answer is option C. achieve economies of scope.
Explanation:
An Economies of scope is a proportionate saving gained by producing two or more distinct goods, when the cost of doing so is less than that of producing each separately.
Based on the scenario portrayed in the question, the office management firm is hoping to achieve economies of scope.
Answer:
Purchase= 14,500 pounds
Explanation:
Giving the following information:
the total pounds needed for production in the current period is 14,000. Beginning inventory= 2,000 pounds
Desired ending inventory= 2,500 pounds
To calculate the direct material purchase, we need to use the following formula:
Purchase= direct material for the period + desired ending inventory - beginning inventory
Purchase= 14,000 + 2,500 - 2,000
Purchase= 14,500 pounds
Answer:
retention ratio
Explanation:
Retention ration is the portion of net income retained by a firm to grow its business rather than being declared and paid as dividened.
When a company makes profit at the end of financial period, the company can either retain part of its earning for business expansion, declare part as dividends paid to shareholder or combine both.
Where a firm now reinvest the portion of the profit earned in itself, it is called retention ratio.
I would say that the answer to this question is most likely staff. Just
as departments are subdivisions and part of a larger organization,
employees are part of a larger staff or workforce.
