The business plan is the blueprint for your business. If you wanted to build a house, you wouldn't walk over to an empty lot and just start nailing boards together. Starting a business without a business plan is just as risky.
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A key aspect of participative leadership is: A. decreasing repetitive work.
<h3>What is
participative leadership?</h3>
Participative leadership can be defined as a form of leadership and management style that involves an invitation of all of the team members to join in the decision-making processes and proferring solutions to a problem.
Basically, a fundamental characteristic and key aspect of participative leadership is that it would help to decrease repetitive work in a business organization.
Read more on leadership here: brainly.com/question/25927714
Quotient Financial Corporation is a secured party with a security interest in property owned by Retail Sales Company. Perfection of this security interest may not protect Quotient Financial against the claim of <u>a trustee in bankruptcy.</u>
Explanation:
A security interest on a loan refers to a legal claim on collateral provided by the borrower ,it allows the lender to repossess the collateral and sell it if the loan goes default
A security interest reduces the risk for a lender, allowing it to charge lower interest on the loan.
Lower interest means that the borrower’s cost of capital will also be reduced.
Quotient Financial Corporation is a secured party with a security interest in property owned by Retail Sales Company. Perfection of this security interest may not protect Quotient Financial against the claim of <u>a trustee in bankruptcy.</u>
Answer:
C) standardization strategy
Explanation:
standardization strategy can be regarded as one whereby a business owner or firm give same treatment to the whole world as if it's just one market that have just small meaningful variation It's base on an assumption that needs of people can be met with a product.
Answer:
Historical Cost, Market or Fair Value.
Explanation:
Companies are required under GAAP to report their account based on acquisition cost instead of Market or Fair value. This principle is believed to present more reliable information as market value could harbour subjective or biased market values. However, it is also regarded as irrelevant, prompting most firms to report at market value. Under the GAAP, both principles are allowed.
