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olasank [31]
3 years ago
5

Mr. Blatt: Expert consultants are sought after by management because they help executives make better decisions. That is why the

y are worth the substantial fees they charge.
Ms. Fring: Nonsense. Expert consultants are hired in order to enable executives to avoid responsibility. The more the experts cost, the more they can be blamed when things go wrong.
Which one of the following, if it occurred, would be the strongest evidence favoring Ms. Fring’s position over Mr. Blatt’s position?
(A) A company that is trying to decide whether to move its manufacturing plant hires an expensive expert to conduct a cost/benefit analysis.
(B) Two competing companies faced with very similar problems adopt different solutions, one with the help of a consultant, one without.
(C) A successful firm of expert consultants seeks to increase its volume of business by reducing its fees, but its volume of business drops.
(D) An expert consultant builds up a successful business by charging clients a substantial percentage of the amount an independent assessor judges that the consultant saved the company.
(E) A company follows a consultant’s advice to open two new stores, but both stores are only marginally profitable at first.
Business
1 answer:
Sidana [21]3 years ago
6 0

Answer: C) A successful firm of expert consultants seeks to increase its volume of business by reducing its fees, but its volume of business drops.

Explanation:

Mr. Fringe says that the more expensive a consultant is, the more they can be blamed. This means that the kor expensive a consultant is, the more they will be sought after in order for the company to blame them.

When a successful firm of consultant reduced their prices and became cheaper, less people wanted to hire them. This therefore supports the logic of Mr. Fringe as a lower cost led to the consultants being less sought after.

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Which of the following correctly orders the investments from LOWER risk to HIGHER risk?
Yuliya22 [10]
Here is the correct order of investments from Lower Risk to Higher Risk: <span> Treasury bond − Diversified mutual fund – Stock

Treasury bond is released by Government, so unless your country went bankrupt, it is safe to assume that you will get the investment back.

Diversified mutual fund puts your eggs in a lot of baskets So in case one of your investment fail, the others could still support your overall investments

Since the stock is a single entity and really fluctuative, it is considered as the most dangerous type of investment.

</span>
3 0
4 years ago
Kate is the head of the research department at a pharmaceutical company. Her team is in the process of developing a drug to prev
Alekssandra [29.7K]

Answer:

Explanation:

in this scenario, Kate is practicing a form of leadership which is called the Free-Rein leadership; in this type of leadership,the leaders take a hands-off approach and allow the group members to make the decisions. this type of leadership is characterized by very little or non-existential guidance from the leaders. This form of leadership is bad in a scenario where the group members are lacking in skills or experience that allow them to make the perfect decisions.

6 0
3 years ago
In the 1980s, the U.S. government budget deficit rose. At the same time the U.S. trade deficit grew larger, the real exchange ra
givi [52]

Answer:

None of the above is contrary to the predictions of the model.

Explanation:

The budget deficit is when the government spends more than the revenue it makes. Based on the information given, the trade deficit of the United States will grow.

Furthermore, the real exchange rate of the dollar will appreciate and the net capital outflow of the United States will fall as imports will be more than goods exported.

Therefore, the correct option is "None of the above is contrary to the predictions of the model".

7 0
3 years ago
You bake a cake for your friend’s party ,and the friend pays you for it. This makes you
Akimi4 [234]

Answer:

This makes you the debtor. When you receive money whether it is in the form of a cheque or cash in hand, you are the debtor because money is being debited (or out into your bank account).

5 0
3 years ago
The FINRA suitability rule requires all of the following EXCEPT: A Before a product or strategy can be recommended, a reasonable
Soloha48 [4]

Answer: D. Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks

Explanation:

There are some reviews with regards to FINRA suitability determinations whihc include:

• Reasonable Basis Suitability: This implies that after there has been a review of the returns, risks and costs of a product, the ones that has the best combination should be recommended.

Also, before a product can be recommended to a customer, the customer must be able to meet the financial commitment. The statement that "Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks" is incorrect.

5 0
3 years ago
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