1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ulleksa [173]
2 years ago
6

'Partnership business can't be successful without mutual understanding'.justify this statement.​

Business
1 answer:
Colt1911 [192]2 years ago
3 0

Answer: See explanation

Explanation:

A partnership is a form of business operations that takes place between two or more people who come together, join their skills and resources together so as to achieve organizational aims, and make profit.

For a partnership to succeed, there must be a mutual understanding between the partners that are involved. The mission and the visions of the organization must be shared by all the partners and understood.

When the partners don't have an agreement in place and a clear understanding about how the partnership will be handled and decisions will be made, this will eventually being about the downfall of the partnership.

You might be interested in
Which one of the following statements is correct concerning the concept of materiality?
Alchen [17]

Answer:

D) Materiality is a matter of professional judgement

Explanation:

5 0
3 years ago
You want to provide spending money for your 4 year old during their college years. You can afford to deposit $600/year for the n
umka2103 [35]

Answer:

The Annual investment that you will to make will be $1,069.01

Explanation:

In order to calculate the uniform annual investment that will you have to make on the child's 8th through 17th birthdays to meet this goal, we have to make the following calculations:

First we need to calculate the Amount you have at the end of child's 8th year = 600*(1+0.05)^4 + 600*(1+0.05)^3 + 600*(1+0.05)^2 + 600*(1+0.05)^1 = $2,715.38

Therefore, Value of this amount at the end of 17th year = $2715.38 * (1+0.05)^9 = $4,212.45

So, Amount required to be saved = $16,000 - $4,212.45 = $11,787.55

Therefore, to calculate the annual investment we would have to use the following formula:

FV of annuity = P*[((1+r)^n - 1)/r]

P - Periodic payment =?

r - rate per period = 0.05

n - number of periods = 17-8 = 9

$11787.55 = P*(((1+0.05)^9 - 1)/0.05)

P = $11,787.55/11.03 = $1,069.01

The Annual investment that you will to make will be $1,069.01

8 0
3 years ago
Acme Global hired a director of safety to help the organization ensure proper compliance with the Occupational Safety and Health
Yakvenalex [24]

Answer:

The action of ACME global represent the influence of  Government  in the external environment of an organisation

Explanation:

The external environment of an organisation represents the factors outside the environment that is capable  of influencing  the decision of the organisation.  It consists of the outside factors that influences the organisation.  e.g social cultural, political, economic, technological  factors among others.

One of these factors is the Political/ Legal factor:

The political / legal factor focuses on the influence of government on business organisations. It reviews how government laws, policies, and rules affects the operation of business. The rules and regulations or policies put in place by the government has the capacity to influence the business decision.

In the case of ACME global hiring a director of safety, they are doing so in other to comply to the occupational safety and Health Act that is most definitely enacted by the government.

Therefore we can say that  the action of ACME global represent the influence of  Government  in the external environment of an organisation

5 0
3 years ago
Companies can effectively market to teens by:
serious [3.7K]
<span>Teenagers and young adults are more likely to view social networks as a valuable source of information. additionally, making products modern and convenient makes marketing to teens much more effective.</span>
6 0
2 years ago
Is 5 a composite or prime number
enot [183]
5 is a prime number
5 0
3 years ago
Read 2 more answers
Other questions:
  • An art director is an an example of?
    15·2 answers
  • Veronica owns a home, and when her children went to college, she was looking for a way to help finance their education. She went
    14·2 answers
  • Triad Children's Center (TCC), a non-profit organization, uses relevant cost analysis to determine whether new services are desi
    11·1 answer
  • A7X Corporation has ending inventory of $701,073 and cost of goods sold for the year just ended was $7,461,613. a. What is the i
    7·1 answer
  • The financial statements of Weston Office Supply include the following​ items:20172016Cash​ $43,500​ $50,000Shortminus−term Inve
    12·1 answer
  • A newly issued bond has a maturity of 10 years and pays a 7.7% coupon rate (with coupon payments coming once annually). The bond
    5·1 answer
  • The ____ rate is the interest rate banks charge each other for borrowing or storing money?
    15·2 answers
  • Sarah buys 500 shares of stock at $18 and sells the holding for a capital gain of $3,000. What was the share price at the time o
    7·1 answer
  • ____ leadership is the ability to anticipate, envision, maintain flexibility and think strategically and work with others to ini
    15·2 answers
  • Chamberlain Co. wants to issue new 17-year bonds for some much-needed expansion projects. The company currently has 12.2 percent
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!