Answer:
c. an SEC statement expressing an opinion.
Explanation:
The corporation's annual report usually called the Annual financial statements usually contains management discussion and analysis, the various statements of account such as balance sheet, profit or loss, changes in equity, cash flow statements and their accompanying notes.
From the options given, the only option not shown in the report is an SEC statement expressing an opinion.
Option c is right.
Answer:
A sell and purchase agreement (SPA)
Explanation:
A sales and purchase agreement (SPA) is a binding and legal contract between two parties that obligates a transaction between the two parties: the buyer and the seller. SPA are typically used for real estate transactions, but they are found in all areas of business. The agreement finalizes the terms and conditions of the sale, and it is the culmination of negotiation between the buyer and the seller
Answer:
A. True
Explanation:
Motivation refers to providing such benefits and incentives which stimulates employees to better performance and directs them towards achievement of organizational goals and objectives.
Motivation can be provided both in monetary and non monetary forms. While monetary forms would include incentives, appraisal etc, non monetary forms would include better participation of employees in decision making, providing better infrastructure and workplace environment.
The given case points towards provision of non monetary forms of motivation. Providing employees with opportunity to vote on a decision builds trust and at the same time satiates the need for respect and recognition.
Answer:
I. Consumer Reports: consumer advocacy publication.
II. Federal Trade Commission (FTC): competition regulator.
III. Food and Drug Administration (FDA): consumer protection agency.
Explanation:
I. Consumer Reports: consumer advocacy publication. It is a non-profit organization in the United States of America saddled with the responsibility of consumer advocacy, investigative journalism, product testing and the enlightening of the general public.
II. Federal Trade Commission (FTC): competition regulator. It is an agency of the government of the United States of America saddled with the responsibility of promoting consumer protection and the enforcement of all civil antitrust laws.
III. Food and Drug Administration (FDA): consumer protection agency. It is a federal agency of the government of the United States of America saddled with the responsibility of protecting the consumers of edible products and public health safety.
When a 1 percent decrease in price produces more than a 1 percent increase in quantity sold, the product or service is an Elastic Demand.
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What is an Elastic Demand?</h3>
- Elastic demand is measured by its percent of change in demand divided by its percent of change in price, provided all other factors remain the same.
- If the change in price and change in demand is proportionate, the item is neither elastic nor inelastic.
- An item has elastic demand if its demand changes more than its price changes.
- For example, if two stores sell identical products of the same amount for different prices, incase of a perfectly elastic demand nobody would buy from the seller with higher priced product.
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