The correct answer is- that it can be called as relational contract.
A relational contract is one in which the effect is based on the parties' trust relationship. The contract's explicit terms are an outline of the implicit terms and understandings that govern the parties' behavior.
Some features of relational contracts are-
- They represent parties' long-term relationships.
- They require an equal commitment from both parties.
- They necessitate a great deal of communication and collaboration.
Relational contracts are very important when it comes to retaining value over time and assisting in the maintenance of good contracting relationships. They are concerned with the long-term relationship between parties rather than just the transactional exchange. Although building trust can be difficult at first, relational contracts ultimately keep both parties happy by assisting in the creation of both tangible and intangible deals — and 'win-win' situations — that reduce operational costs. This goes a long way toward establishing long-term business relationships and mutual trust.
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The bond payments are more predictable than stocks because bond owners know the size and timing of payments they will receive.
Bonds refers to the promise by a borrower to pay the lender his/her principal and the interest on the loan given.
- Bonds is an instrument used by company as an alternatives to taking a loan from banks.
- Generally, the bond payments are more predictable than stocks because bond owners know the size and timing of payments they will receive.
Therefore, the Option C is correct.
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Answer:
Station 1 = 8 minutes
Explanation:
The computation of the bottleneck time minutes per unit is shown below:
Station 1 = 8 minutes
Station 2 = 12 minutes ÷ 2 machines = 6 minutes
Station 3 = 5 minutes
The station who has higher minutes per unit is considered to be the bottleneck station as it reduced the overall capacity.
So, station 1 is the bottleneck station with 8 minutes per unit
Answer:
unchanged, higher
Explanation:
The discouraged workers are those workers who can do work but at current they are not employed and are not looking for the work or they are unemployed since long
In the given case, there are approximate 5,000 discouraged workers who are looking for job but the population would remain unchanged and the number of people in the labor force would be risen or high