Answer:
A is the correct answer
Explanation:
Most small businesses use a simple organizational structure. In this, decision making is centralized with the owner. It doesn't have any formal departments and layers. There are both advantages and disadvantages of running the company with this structure. It enables the owner to keep tight control over the company's operation. No decisions can be made without the owner's approval and the owners of aware of every decision made. These companies make decisions quickly as there are no layers of management where the request needs to climb before approval.
An economist would BEST describe the scenario as : Barter system
<h3>What is a Barter system?</h3>
Barter system is when commodities are exchanged against commodities. It is an act of trading goods or services between two or more parties without the use of money.
This type of trading system is an old method of exchange practised for centuries and long before money was introduced.
Examples of barter system are :
- Mangoes are exchanged for bananas.
- Salt is exchanged for onion.
- Shoes are exchanged for clothes.
Therefore, an economist would BEST describe the above scenario as barter system because both Evie and her sister exchanged their items of value between themselves.
Learn more about barter system here : https://brainly.in/question/1821688
Answer:
Skimming
Explanation:
Price skimming, also known as skim pricing, is a pricing strategy used by those who face little or no competion, what normally happens is that a firm charges a high price and then gradually may need to lowes the price to attract more customers.
Price skimming is used to earn large profits especiallyn when a new product or service is introduced into the market. The pricing strategy is largely useful iwhen the firm is the first to enter the marketplace. The aim of this is to generate the large profit in the shortest time possible.
Answer:
Thus, the present value is $2045.52.
Explanation:
Use the below formula to find the present value:
Present value = FV ÷ (1 + r/4)^(n*4)
Present value :
Thus, the present value is $2045.52.
Answer:
d. Bork Bill
Explanation:
The Video Privacy Protection Act was a direct result of over zealous reporters checking on the "personal viewing habits" (information privacy) of a political nominee for whom the Act was named Bork Bill.
It was a bill passed (enacted) by the 100th Congress of the United States of America and signed into law by President Ronald Reagan on the 5th of November, 1988. The Video Privacy Protection Act (VPPA) was signed as a public law in reaction to the wrongful disclosure of the video rental records of Robert Heron Bork in a newspaper publication. Robert Heron Bork is a former Chief Judge of the court of appeal and was a Supreme Court nominee at the time when his video rental records were published by a newspaper. Therefore, due to the fact that US Congress passed (enacted) the Video Privacy Protection Act (VPPA) during the period; it was nicknamed as Bork Bill.
