Based on the information given, it can be deduced that Trade Winds Corp. has a closed shop arrangement.
A closed shop arrangement simply means a place of work where all the employees gave to belong to an agreed trade union.
Under this condition, an employer will only employ the people that are to be part of the trade union. Therefore, it can be seen that Trade Winds Corp. has a closed shop arrangement.
Learn more about trade union on:
brainly.com/question/366179
<span>Given that,
Promissory note A = 5,500
Discount rate i = 12%
i = 12/100
Term n= 5 months
we know that,
1 year = 12 months
5 months= 5/12
So we get,
A = 5,500
i = 12/100
n= 5/12
To find the ada's proceeds on the loan formula is,
Proceeds=A(1+i)^n ........... (1)
Put the value of A,i,n in equ (1)
Proceeds=5500(1+12/100)^5/12
=5500(1+0.12)^0.417
=5500(1.12)^0.41667
=5500(1.04835)
Proceeds=5765.94
Therefore $5765.94 Proceeds on the loan</span>
Answer:
True
Explanation:
The theory of constraints focuses on establishing the most important limiting factor or constraint in a business and improve it in order to improve the whole company's performance.
In simple terms, a company recognizes their greatest weakness and tries to improve it, so that it no longer represents a limitation.
This theory was originally developed for manufacturing companies, and it was meant to reduce bottlenecks (manufacturing constraints). Therefore one of its main goals is to lower inventory levels and operating costs while increasing production output.
Answer: Option B
Explanation: Safeguarding inventory refers to keeping proper records of inventory and protecting it from any kind of damage that may result in loss to the organisation.
The main objective behind safeguarding inventory is to minimize loss of the organisation that is keeping it.
In the given case, second option is the purchase return and it could not be considered a default of the purchaser of inventory.
Hence from the above we can conclude that the correct option is B.