Answer: Broker
Explanation: An insurance broker is a person or group of persons who have the legal authority to trade or manage insurance policy of his or her clients. A broker advices the policy holder on necessary actions to take.
Under the California code insurance brokers are not permitted for life and health insurance policy.
An insurance broker is acting as a third party to his or her clients.
Answer:
C. 66,000
Explanation:
Ending Work in Process (WIP) = Beginning Work in Process + Units Started into Production - Units Completed and Transferred
Ending WIP = 6,000 * 100% + 60,000 - 50,000 = 16,000
Equivalent Units of Production (EUP) = Units Completed + Units Ending WIP x % of conversion
EUP = 50,000 + 16,000 * 100 = 66,000
Answer:
1. Market development
2. Market penetration
3. Diversification
Explanation:
we have already been given a definition of these concepts from question
<u>1</u><u>.</u><u> </u>
<u>for</u><u> </u><u>Ann and </u><u>hammer</u><u>:</u><u> </u><u>it</u><u> </u><u>is</u><u> </u><u>marke</u><u>t</u><u> </u><u>deve</u><u>lopment</u><u> </u><u>beca</u><u>use</u><u> </u><u>they</u><u> </u><u>are</u><u> </u><u>try</u><u>ing</u><u> to</u><u> </u><u>create</u><u> </u><u>a</u><u> </u><u>pro</u><u>duct</u><u> </u><u>f</u><u>or</u><u> </u><u>new</u><u> </u><u>purposes</u>
<u>2</u><u>.</u>
<u>for</u><u> </u><u>apple</u><u>:</u><u> </u><u>sin</u><u>ce</u><u> </u><u>they</u><u> </u><u>are</u><u> </u><u>open</u><u>ing</u><u> </u><u>mini</u><u> </u><u>stores</u><u> </u><u>with</u><u>in</u><u> </u><u>target they </u><u>are</u><u> </u><u>try</u><u>ing</u><u> to</u><u> </u><u>have</u><u> </u><u>an</u><u> </u><u>expans</u><u>ion</u><u> </u><u>approa</u><u>ch</u><u> </u><u>where</u><u> </u><u>more</u><u> </u><u>produ</u><u>cts</u><u> and</u><u> services</u><u> </u><u>wou</u><u>ld</u><u> be</u><u> </u><u>sol</u><u>d</u><u> to</u><u> </u><u>thei</u><u>r</u><u> </u><u>cust</u><u>omers</u><u>.</u>
<u>3</u><u>.</u>
<u>for</u><u> </u><u>disn</u><u>ey</u><u>:</u><u> </u><u>they</u><u> </u><u>are</u><u> </u><u>diversifying</u><u> </u><u>int</u><u>o</u><u> </u><u>a</u><u> </u><u>new</u><u> </u><u>produ</u><u>ct</u><u> </u><u>entir</u><u>ely</u><u>.</u><u> </u><u>ESPN</u><u> </u><u>is</u><u> </u><u>a</u><u> </u><u>well</u><u> </u><u>known</u><u> </u><u>chann</u><u>el</u><u> </u><u>f</u><u>or</u><u> </u><u>sport</u><u>ing</u><u> </u><u>re</u><u>l</u><u>a</u><u>ted</u><u> </u><u>ac</u><u>tivities</u><u>.</u>
Answer: Increasing current profits when doing so lowers the value of the company's equity.
Explanation:
The main purpose of a company is to increase the wealth of shareholders. In their capacity as stewards for the company, managers should be working therefore to achieve this goal.
When management neglects this goal and begins to seek an improvement in their welfare and wealth instead of the shareholder', this is an Agency problem.
If a Financial manager is increasing current profits even though doing so will lower the value of the company's equity, this can create an agency problem because the shareholders are suffering but the finance manager might get rewarded for increasing profits.
Answer:
Option A is correct.
<u>Tyler says his costs are $25,900, and Greg says his costs are $66,500.</u>
Explanation:
We know accounting cost is the expenditure made on ingredients by the company which is, $25000 that Walter paid for supplies last year. Walter also paid 3 % interest to his uncle,
Interest to the uncle is = (30000*3)/ 100
Interest to the uncle is = $900
Thus total accounting cost that an accountant quotes equal to, 25000 + 900 = $25,900
According to the economist explicit cost is $25900. We also include implicit cost in it. If Walter would not be a business then he would be earning $40000 as teacher and $600 interest from savings bank account. Thus his economic cost according to economist would be, = 25900 + 40000 + 600
Cost according to the economist = $66,500