Answer: C
Explanation:
Wealth is the gradual gathering of profits, assets or income over a period of time. It is the gradual increase in ones assets over a sustained period.
Wealth creating transactions can be found both in contract enforcement and private property rights. The prosperity and economic development of a country can be attributed to the respect accorded to its citizens property rights.
Property rights gives room for entrepreneurship which can eventually lead to wealth accumulation. Contract enforcement also generate wealth for individuals.
Answer:
Business Process Re-engineering is business philosophy that seeks to improve product by eliminating causes of product defects and making quality an all-encompassing organizational watchword.
Hence A is correct
Explanation:
It is an holistic approach to rearranging business and organisation's workflows with a view to identifying sub-optimization and inefficiencies that are deep-rooted in its processes which are cost-consuming but do not add value to business bottom-line(profitability).
Implementing a BPR project is a painstaking effort in that it is a way of telling employees to dump old ways of doing of things which they are probably more comfortable with and embrace change.This is the case as an average human tends to resist change.
Answer:
Excellent verbal, written, improvisational, and interviewing skills are imperative. Add to those qualities persistence and objectivity, physical stamina, being a team player, projecting a professional image, and having a knowledge of social media. News anchors also need to be able to think on their feet.
Answer: The correct answer is "D. It begins when the engagement letter is signed and continues until the report for the third year is issued unless the relationship is terminated sooner.".
Explanation: The statement "It begins when the engagement letter is signed and continues until the report for the third year is issued unless the relationship is terminated sooner." best describes the period of the professional engagement as it applies to a three-year engagement to audit client's financial statements since this type of professional commitment begins with the signing of the document that formalizes the commitment and is in force until the issuance of the last report unless the relationship is resolved beforehand by another circumstance.
