Answer: (D) Non-compete agreement
Explanation:
The non- compete agreement is one of the type of contract in which the an employee are preventing and also discourage them for not leaving the position in an organization due to the competition.
The main objective of this agreement is is avoid the utilization of the confidential information or data by another firm through employee of that company.
According to the given question, the Rachael signed the Non-compete agreement as it is one of the employment agreement that if she leaving the IKEA organization for any reason then she will not be able to work with the company that is competes against the IKEA organization for the two years.
Therefore, Option (D) is correct answer.
Answer:
A. Research and Development
Explanation:
Research and development involves activities that companies undertake to innovate and introduce new products and services.
For the toy manufacturers, what they believe to he their major competitive advantage is in the development of innovative toys which is under the research and development function. It would be bad to put in context if they outsource their competitive advantage first.
If there's need for outsourcing, what is perceived as the company's competitive advantage should always be outsourced LAST.
In this case, both of the payments would be in violation of the Foreign Corrupt Practices Act. Basically this law prohibits the payment of "bribes" to any foreign official OR anyone that might have influence with a foreign official . This includes anything exchange of things of value (including services) and not limited to monetary means.
Answer:
Under last in, first out (LIFO) inventory method, the units purchased last are used to determine the cost of goods sold. This doesn't mean that exactly the last units purchased will be sold first, it is just used as an accounting tool.
In this case, the last unit purchased costed $20, and the immediately previous one costed $15. Under LIFO, these 2 units would have been sold (COGS = $35), and the ending inventory = $10 (the price of the "oldest" unit).
Answer:
Irrational decision
Explanation:
Irrational decisions refer to those decisions which are not taken after enough deliberation, ignore the rationale, facts and logic, are rather decided out of whim and impulse and usually instantly decided.
In the given case, Joe was not willing to pay more than $500 cash yet eventually ended up paying $600. Even if the $25 gift card is considered, he ended up paying $575 which is more than he had decided to pay.
The choice of the consumer here is not rational or rather irrational since, he without considering other alternatives or exercise of judgement, without evaluating his costs, impulsively opted for the credit card lured by $25 gift card.
As per the economic theory, Joe's decision would be referred to as irrational.
