Answer:
boundary spanning
Explanation:
Boundary spanning -
The term boundary spanning was given by Tushman in late 1950's .
It is the term used to describe an individual in the innovation system , whoes role is to link the internal work of the organization with the external work .
From the statement of the question , the example is for the term boundary spanning .
The answer is the Real Estate Settlement Procedures Act or
RESPA. This act was intended to defend possible property holders and allow them
to become more intelligent consumers. RESPA necessitates that creditors provide
bigger amounts of information to potential borrowers at certain points in the
loan settlement process. It also forbids the innumerable parties involved from
paying kickbacks to each other.
Answer:
Free rider problem
Explanation:
A popular term that describes a situation when those who benefit from resources, or services offered to the community do not pay for them.
The free-rider problem usually occurs with goods or services which are non-restrictive like radio services.
Since Janet does not pay for the radio services and yet benefits from it, she is a free rider.
Answer:
Convert the bonds into 20 common stocks.
Explanation:
the investor has 3 options:
- sell the bond at $1,000 x 1.005 = $1,005
- sell the bond to the corporation at $1,000 + $10 = $1,010
- convert the bond into 20 common stocks = 20 x $51 = $1,020
the option that yields the highest return is to convert the bonds into common stocks.
Answer:
Explanation:
The executive summary is a short version of the business plan that should be clear and concise. The goal of having an executive summary is to ensure that your readers are encouraged to read the business plan and also informative enough. A good executive summary should have the following qualities:
1. Since it is the first part of the business plan those interested will read, it should be structured in a way that it attracts the reader. If the reader is not attracted to the executive summary, chances are that they will not even bother reading the entire document.
2. Once the attention of the reader has been grabbed, the executive summary has to be short and straight to the point to ensure that the reader can get a brief overview of what the document entails. This is where the writer needs to point out the key points that will make the reader want to read the entire business plan.
3. Most readers will form their first impressions by reading the executive summary. This means that it has to be factual to give the reader a feeling that the business plan would have something of value to offer.
The source of funding is not always listed in the executive summary or in the business plan since the main purpose of presenting a business plan is to sought out funding from the interested parties.