Answer: Option A
Explanation: In simple words, it refers to the software that is readily available in the market unlike the custom made software which are made for a specific purpose.
The cost of such software is less as they do not demand the expertise and time that is needed to manufacture a custom made software.
Hence from the above we can conclude that the correct option is A.
Answer:
Option B.
No, a binding price ceiling benefits only some buyers because not all are able to obtain the goods in the legal market.
Explanation:
A binding price ceiling occurs when the government sets a required price on a good or goods at a price below equilibrium. Since the government requires that prices not rise above the price, that price binds the market for that good. Because the government keeps the price artificially low, businesses will not produce enough of those goods to satisfy the market.
This results in an insufficient supply of those goods, creating a shortage in those goods, and with a shortage of goods, only some of the buyers will be able to obtain the goods in the legal market.
Therefore, the option that best suits the question is option, B. Not all buyers benefit from a binding price ceiling. A BINDING PRICE CEILING BENEFITS ONLY SOME BUYERS BECAUSE NOT ALL ARE ABLE TO OBTAIN THE GOOD IN THE LEGAL MARKET.
Answer:
The correct answer is B) False
Explanation:
An ethnocentric approach to management will precisely take into account the cultural characteristics of a particular ethnic group, therefore, the probability of a manager taking a decision that conflicts with the values of said ethnic group is lower.
For example, suppose that a pizza delivery firm wants to set up business in Italy. An ethnocentric approach would result in the avoidance of selling hawaian pizza in Italy, because Italians do not like that specific type of pizza.
I believe the answer is 4. The purpose of ethics training is to enable employees to identify and deal with ethical problems developing their moral intuitions which are implicit in every day choices of action. That is to train the employees on how to address every ethical situation they encounter in daily operations of the organization. This involves learning how to solve ethical dilemmas, identifying causes of unethical behaviors and learning how to develop a code of ethics among others.
Answer: $400.56
Explanation:
Horizon value = Tax shield in 3rd year * (1 + growth rate) / (Required return - Growth rate)
Tax shield in year 3 = Interest expense * tax rate
= 140 * 25%
= $35
Horizon value = 35 * ( 1 + 3%) / (12% - 3%)
= $400.56