Answer:
1. privatize Social Security.
2. entitlements.
Explanation:
The author of the excerpt, Frederick Lynch, claims that even though AARP has been successful in blocking efforts to privatize Social Security in the past, it currently faces tough challenges since key allies are gone and opponents have mobilized to advance proposals for cutting or restructuring entitlements.
Jj's hair salon pays overhead each month, including bills for rent, heat, interest, and salaries. these payments are examples of fixed costs.
When a cost is referred to as fixed cost, it means that it doesn't fluctuate based on how many products or services are produced or sold. Costs associated with a company's operations that must be covered regardless of the company's specific operations are known as fixed costs. Since they don't relate to the creation of any goods or services by a corporation, fixed expenses are therefore typically indirect costs. Typically, a company's overall expenditures are made up of two types of expenses: fixed and variable expenses. In order to lower fixed expenses, shutdown points are frequently used. Contractual clauses or schedules are typically used to establish them.
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Answer:
b. $75,000
Explanation:
Since assets are $100,000 and liabilities are $175,000, the owner has a deficit to cover of $75,000 ($175,000-$100,000). The deficit will have to be recovered from the owner's stock in General Motors in order to settle the outstanding liabilities. Therefore, the owner will stand to lose the $75,000.
Answer:
An expert, more generally, is a person with extensive knowledge or ability based on research, experience, or occupation and in a particular area of study.
Explanation:
Question:
If an organization tracks its strategy implementation, looks for problem areas, evaluates whether the problem areas indicate any weakness in the strategy, and makes any necessary changes, then it is using:
A) Organizational controls
B) Tactical controls
C) Behavioral controls
D) Strategic controls
Answer:
The correct option is D) Strategic controls
Explanation:
Strategic controls refer to the process which helps one to easily and immediately change direction where if proposed strategies do not create anticipated results.
For example, if a company X, decides to reduce prices to drive sales and increase market share albeit, at a cost to its bottom line, where there is no increase in sales, an effective strategic control process would be to quickly reverse the situation to the status quo before implementation and thereafter go back to the drawing table to check why demand is low.
Demand could be weak because, quality of products, or services, do not meet consumer expectations, it could be that there is a violation of one of the 'P' of marketing such as Positioning.
The head of strategy thus reviews and plans the next move to ensure that changes are effected.
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