Answer:
The best business ownership strategy for Isaac would be a franchise.
Explanation:
A franchise is a form of business ownership which allows a franchisee to start a business by legally using the processes, ideas, and expertise of a franchisor. A franchise is the most common alternative of owning a business for entrepreneurs like Isaac who lack adequate capital to start a new business. Franchising provides an alternative method of capital acquisition as it allows an entrepreneur to own a business without the risk of cost of capital or debt.
Moreover, it will be easy for Isaac to acquire finance from the franchisor and this will make it easy to operate the new business. Moreover, as a franchisee, Isaac will benefit from low risk, marketing support, and benefit from the existing brand recognition of the parent company.
Association of employees: A trade union is essentially an association of employees belonging to a particular class of employment, profession, trade or industry. For example, there are unions for teachers, doctors, film, artistes, weavers, mine workers and so on.
Voluntary Association: An employee joins the trade union out of his free will. A person cannot be compelled to join a union.
Permanent Body: A trade union is usually a permanent body. Members may come and go but the trade union remains.
Common Interest: The member of a trade union have certain matters of common interest-job security, better pay and working conditions and so on, which bring them together.
Collective Action: Even when an individual employee has any grievance over certain management decisions, the matter is sorted out by the intervention of the trade union Employees are able to initiate collective action to solve any problem concerning any particular employee or all the employees.
Rapport with the Management: The trade union seeks to improve relations between the employees and employers. The officials of the trade union hold talks with the members of the management concerning the problems of the employees in order to find an amicable solution. It is thus possible for the employees to have better rapport with the management.
Hope this answer help you ....
Answer:
CD: 41,500
Bonds: 49,500
Explanation:
Base on the information we are given, we can create an equation system:
The total investment in bonds and certificates of deposit totals 91,000
and the amount investment on bonds are 8,000 higher than Certificates of deposit
<u>We replace the bonds of the second equation on the first equation:</u>
CD + (CD + 8,000) = 91,000
<u>And solve for certificates of deposits</u>
2CD = 91,000 - 8,000
CD = 83,000/2 = 41,500
<u>Now, we replace the CD on the second equation</u>
Bonds = CD + 8,000
Bonds = 41,500 + 8,000 = 49,500
