Risk tolerance gets lower and lower as you get closer to needing the money from your investment.
If you don't need the money for 50 years, you are more likely to take risks in the stock market or other higher risk investments in return for higher rewards. If you need the money tomorrow, you will not be willing to risk it all in the stock market because even though it <em>could </em>double, you might lose it all.
Answer:
A, independence
Explanation:
Motivation can be defined as the stimulation of individuals to achieve a certain goal.
It can also be said to be the a force that drives the wants, needs, etc of an individual. Motivation have various influencing factors as well as several modes.
Factors that influences motivation include; valence, instrumentality, expectancy, etc.
Modes of motivation include; intrinsic, extrinsic, introjected and identified motivation.
From the above question, independence isn't a factor that influences motivation. This is because independence, according to the dictionary, can be said to be a state of freedom from something.
Freedom does not motivate a person to achieve anything as there will be no pressure or driving force or even an individual to encourage. This makes goals impossible to difficult to achieve.
Cheers.
<span>Low-cost price leaders normally employ such strategies as price-matching to direct more sales to them and away from rivals. This is the used by Wal-Mart as it redirects sales to it self from rivals like Aldi, best -buy and other retailer. Amazon employs this strategy as well by asking customers to report lower prices online.</span>
When solving for the gross profit on a product use:
Gross profit = Sales - Cost of goods sold
Sales = $814,000
Cost of goods sold = $386,650
Gross profit = $814,000 - $386,650
Gross profit = $445,350
Answer:
b. The policy made decisions for other departments in the company.
Explanation:
John Smith made the policy alone without involving the other managers. When the policy was implemented, it had to work with other departments to ensure success.
As there are 3 managers and 3 departments at BSG Labs, John Smith should have formulated the new policy with the other managers, so that issues such as scheduling and coordination between bthe various departments will run smoothly.