Answer:
That statement is true.
Explanation:
In business, compliance department is created in order to identified various forms of risks that might be faced by the companies and implement a certain set of controlled procedure to prevent that risks from happening.
This cover wide variety of risks starting from :
<u>- financial </u>
Risk that involved implementing the wrong strategy which could lead to decreased profit
<u>- Procedural</u>
Risk that involved Unproductive behaviors or Frauds conducted within the company territory
<u> - safety</u>
This include protection both physical and emotional safety . Such as making sure that no abuse occurred to the employees, non-dangerous work environment, usage of safe materials, etc
Answer:
The answer is: C) Soft drinks
Explanation:
For this example we can use how the Coca Cola Company (we will call it C.C.C.) works around the world. The C.C.C. headquarters produce only the basic syrup (main and key ingredient) for the manufacturing of Coke around the world. Then it delivers it to hundreds of different factories located around the world and owned by different corporations that are licensed to manufacture, produce and sell Coke in their specific markets.
They do this because it would be almost impossible for C.C.C. to manufacture and deliver Coke produced only in Atlanta to the rest of the world. Due to its weight and volume the costs of transportation would be tremendous for every single bottle or can. Coke starts as a syrup and then they add water, sugar (sweeteners), carbonic gas, etc., and then they bottle it. All this is done to reduce logistics and transportation costs.
Available Options:
a. an expired contract when Neil said that he had changed his mind.
b. a bilateral contract when Neil said that he would pay for certain work.
c. a unilateral contract as soon as Outdoor began to perform.
d. no contract.
Answer:
Option C. A unilateral contract as soon as Outdoor began to perform.
Explanation:
In a unilateral contract, the acceptance of the contract is only based on the performing of the contract.
The term of the offer includes that the acceptance would be considered if the other party completes the contract which in this case, we can see that the Outdoor Inc has started performing the contract and by the end of Friday, would probably finish its task. If Neil breaches the contract here, then he would be liable to compensate Outdoor as the contract was unilateral.
Answer:
The correct answer is: Increase the price in order to increase revenue.
Explanation:
To begin with, the price elasticity of demand for a product is the concept known in the economics that refers to the variation that happens in the quantity demanded of a product when the price of it changes a bit. Moreover, when the price elasticity of demand is 0.5 the product is relatively inelastic and therefore that if the price increases the quantity demanded will basically stay the same more less and that is why if the price increases the product will no suffer changes in its quantity demanded and that will cause the supplier to earn a higher total revenue.