Answer: A customs union requires all members to have a common external trade policy with non-union members.
Explanation: The feature that differentiates a customs union from a free trade area is that a customs union requires all members to have a common external trade policy toward non members. Free trade areas are permitted to negotiate different tariffs with different countries, contrary to the operation of customs unions.
Answer:
Decentralised organisation
Explanation:
Decentralised organisation are those in which most of the authority to perform tasks is given to.lower level management or even individual teams.
This results in a system where decisions are made faster.
Also a small amount of control is maintained for major decisions.
In the given instance Jake's company gives all lower-level managers the authority to make decisions for his or her department, this is a decentralised organisational system
Answer:
$12714.98
Explanation:
Data provided in the question:
Initial amount invested = $1,500
Simple interest rate = 6.5%
Duration for simple interest = 48 months = 4 years
Now,
Simple interest = Amount × Interest rate × Time
= $1,500 × 0.065 × 4
= $390
Therefore,
Total amount = $1500 + $390
= $1890
Now
The amount = $1890 is invested in mutual fund which is compounded annually at 21% for 10 years
thus,
Final amount = Principle × (1 + r)ⁿ
here, r = 21% = 0.21
n = 10 years
Therefore,
Final amount = $1890 × (1 + 0.21)¹⁰
= $12714.98
Incremental revenue is often compared to production costs. The stained tables can be sold for $178,000.
<h3>
What is incremental revenue?</h3>
Incremental revenue is the profit that a business earns through rising sales.
It can be used to determine the additional revenue generated by a particular product, investment, or direct sale from a marketing campaign when sales value has grown.
As per the information,
the tables could be sold for $442,000 and after additional processing the tables can be sold for $620,000. The incremental revenue is equal to $620,000 - $442,000 = $178,000
Therefore,The stained tables can be sold for $178,000.
Learn more about incremental revenue here:
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Answer:
B) low social rapport and direct interaction
Explanation:
Since this teams are usually not located in the same place. The rapport and the interaction is low.