Answer:
Eminent domain for the public good.
Explanation:
He charged the branch manager because he didn't see eminent domain for public use.
In eminent domain the government, the government the government has the power to take private property for public use.
The bank is a public place and as such are required to have a public domain that is members of the public or for civic use. Such a party is likely going to be for public use or it could be delegated to third parties.
Answer:
Situation analysis
Explanation:
The situational analysis helps in collecting information about an incident or trend in the environment and changes in external and internal environment that constitutes to this change. This report is based on the situational analysis and the opinion is formed by considering the new market entrants, trade agreements, exports, technological implications, fewer taxes imposed on the imports, etc. These all factors present in the market are considered and industry specific data is interpreted using this information. This statement reflects the situational analysis of the industry.
Answer:
- $651,234.54
Explanation:
Data provided in the question:
Cost of remodeling = $3.4 million = $3,400,000
Rent paid each year = $820,000
Duration, n = 5 years
Discount rate, r = 15% = 0.15
Now,
Present value of the amount rent paid each year = A × ![\left[ \frac{1-(1+r)^{-n}}{r} \right]](https://tex.z-dn.net/?f=%5Cleft%5B%20%5Cfrac%7B1-%281%2Br%29%5E%7B-n%7D%7D%7Br%7D%20%5Cright%5D)
Here,
A = Rent paid each year
Thus,
Present value of the amount rent paid each year
= $820,000 × ![\left[ \frac{1-(1+0.15)^{-5}}{0.15} \right]](https://tex.z-dn.net/?f=%5Cleft%5B%20%5Cfrac%7B1-%281%2B0.15%29%5E%7B-5%7D%7D%7B0.15%7D%20%5Cright%5D)
= $820,000 × 3.352153
= $2,748,765.46
Therefore,
Benefit = Present value of the amount rent paid - Cost of remodeling
= $2,748,765.46 - $3,400,000
= - $651,234.54
Answer:
D. obtaining a commitment from the customer.
Explanation:
Closing a sale is the equivalent of making a sale.
To consider a sale done, you need to have a commitment from the customer to buy the product/service you're offering. That usually mean receiving money or at least firming a binding contract.
None of the other options is describing a complete sale. A and C are potential leads/sales... while B if of course the opposite of closing a sale.
Answer:
Today's managers are using more subordinate-centered leadership styles to get the best out of them.
Why: Reasons
Why today's managers are more titled toward the subordinate-centered leadership styles, following are few of the reasons:
(1) In today's world, businesses have become much more complicated as ever before, competition has changed the face of any businesses, therefore, managers want to have new and creative ideas, and this is only possible when employees are given free hand in choosing their work environment, thus, it is only possible when manager are having supportive behavior towards their subordinates.
(2) Human resource departments are so efficient now-a-days that they are always in searching of exciting talent. They do the head-hunting on the continuous basis, where they hire employees from other organisations, therefore, if you don't treat your employees well, then they will have more chances to switch the organisation and avail the better available chances.
(3) Employee enjoy working in an environment where they have freedom, bosses and employees work together like Google and SEMCO. In both of these organisations, the organisational structure help employees in participation towards the decision making in the organisation. Employees feel more productive and loyal to the organisation, therefore, employees-centered leadership approaches are more valid now-a-days.
