1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
liraira [26]
3 years ago
9

Lisa is the CEO of a corporation. As such, she is authorized to make daily operating decisions for

Business
1 answer:
IrinaK [193]3 years ago
5 0

Answer:

Principal-agent relationship

Explanation:

The principal  Agent relationship is where a person or group of persons duly authorizes another to act on their behalf. Usually, the principal has more authority or is more senior and instructs the agent to represent them in certain aspects. The principle Agency relationship empowers the agent to act on behalf of the principal.

Lisa and the shareholders are a good example of a principal-agent relationship. Lisa, the CEO, should act in the best interests of the shareholder. Here, Linda is the agent who has been authorized to act on behalf of the shareholders, the principal.

You might be interested in
Assuming a 360 day year, the interest charged by the bank at the rate of 6%, on a 90 day discounted note payable of 100,000 is:_
Readme [11.4K]

Answer:B. $1,500

Explanation:

Interest revenue is  money earned when an entity or individual  loans   money to another.  it can also be regarded as money accrued  from investments. IT is calculated as  

Interest Revenue = Principal x Rate x Time

= $100,000 x 6%  x 90/360

= $100,000 x 0.06 x 0.25

= $1,500

Therefore the interest charge by the bank is $1500.

4 0
3 years ago
How does microfinance benefit an economy?​
JulsSmile [24]

Answer:

it enables people to use money wisely

Explanation:

this is because a specific amount of money will be provided for a specific reason

3 0
2 years ago
Avon, Tupperware, and Southwestern Company of Nashville are among companies in the multibillion-dollar ________ industry, which
Bas_tet [7]

Answer:

Direct Marketing

Explanation:

These companies and many more rely on selling door to door, using home sales parties, etc. They do not involve huge media campaigns. They are pretty much focused on their investments in advertising. Since they normally know better who are they're targetting.

6 0
3 years ago
You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.2 million Czech koruna today i
fredd [130]

Answer: The value of this exchange is $8,816.05.

Explanation:

The problem is dealing with a simple case of arbitrage of exchange rates: Lets assume that

k = koruna

b = baht

Step 1:

Sales Revenue = k2,200,000

(To get USD amount : \frac{2,200,000}{25.36}=$86,750.7886

Purchase Cost = b3,200,000

(To get USD amount : \frac{3,200,000}{41.06}=$77,934.7297

Step 2:

Profit = Sales Revenue - Purchase cost

         = $86,750.7886 - $77,934.7297

         = $8,816.0589

The value of this exchange is $8,816.05.

4 0
3 years ago
21. Outline two reasons for the fluctuation in the value of currencies.
antoniya [11.8K]

chkhxhjoyxvghj

hope it is helpful to you

Explanation:

oo bye

3 0
3 years ago
Other questions:
  • Which of the following is NOT true of credit cards?
    6·1 answer
  • Risk is an important concept affecting security prices and rates of return. Risk is the chance that some unfavorable event will
    8·1 answer
  • If someone runs a red light in front of you and you choose not to slow or steer away you will __
    11·1 answer
  • Bluegill Company sells 7,500 units at $320 per unit. Fixed costs are $120,000 and income from operations is $1,560,000. Determin
    8·1 answer
  • How do we obtain a high credit score?
    6·2 answers
  • Randall is single and has total income from all sources (taxable and nontaxable) of $83,000. His taxable income is $62,000. Rand
    15·1 answer
  • Store supplies still available at fiscal year-end amount to $1,900. Expired insurance, an administrative expense, for the fiscal
    10·1 answer
  • Which person would suffer the most from inflation?
    9·1 answer
  • In the welding operations of a bicycle manufacturer, a bike frame has a flow time of about 13.6 hours. The time in the welding o
    9·1 answer
  • What is a benefit of applying artificial intelligence to accenture work
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!