Answer:
The correct answer is B) work councils.
Explanation:
The work councils are responsible for energizing the internal functioning of organizations and are a meeting point where professionals from functional areas of companies share, discuss and agree on proposals that reverse business and sector improvement.
Answer:
Having a good accountant if you own a large business is important because any mistakes could be detrimental in the long run and upset clients.An accountant takes care of all finances, If a buiisniness did not have an accountant it would most likely take a turn for the worst.
Explanation:
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Answer:
E) A and C are correct.
Explanation: A and C are correct because:
1. A price taking firm is a perfectly competitive firm; a firm that cannot influence the market price. It does not set the market price and is only in business to sell at the prevailing market price, or lower its prices to attract customers.
Therefore, Alcoa has violated this assumption because it is the sole seller of aluminum and is not a price taker but rather a Price Maker. Alcoa can set the price of aluminum to any level it likes at it enjoys pricing power.
2. Free entry assumption: free entry is one of the qualities of a perfectly competitive market, because firms can easily come into the business with little or no hindrance.
Alcoa has however violated this assumption because it owns nearly all the aluminum ore reserves in the world. It would therefore be very difficult or impossible for another firm to gain free entry into the aluminum business.
Answer:
B. Auction-Type Pricing
Explanation:
Auction-type pricing: With Internet commerce increasing in volume, the auction-type pricing strategy is growing popular in the online marketplace.
Answer:
$4,908,000
Explanation:
The computation of accumulated depreciation expense for this purchase is shown below:-
Depreciation expense = ((Cost of machine - Salvage) ÷ Estimated useful life of machine)
= (($40,900,000 - $4,090,000) ÷ 15) × 2
= $36,810,000 ÷ 15 × 2
= $4,908,000
Therefore for computing the depreciation expense we simply applied the above formula.