Answer:
1. As the RR, you should start acquiring all of the information needed to open the account from each joint owner.
2. Prior to purchasing the desired mutual fund, you should sit down with both joint owners and discuss the various risks associated with the investment.
Explanation:
In this situation, the RR must get all the relevant and important information that concerns opening the account and should also tell them the risks involved investing in such fund.
The RR should not just refuse to open the account because of risk he is not responsible for discussing what it means to open a JTWROS account.
Instead The RR has it as a duty to explain the implications of the JTWROS account to the client and her boyfriend
Answer:
C. Higher prices but lower total revenue from marijuana sales.
Explanation:
The above scenario totally explains inelastic demand. Inelastic demand is when the buyer’s demand does not change as much as the price changes. When price increases by 20% and demand decreases by only 1%, demand is said to be inelastic.
When the price increases, people will still purchase roughly the same amount of the good or service as they did prior to the increase because their needs stay the same. A similar situation exists when there is a decrease in price demand will not increase substantially because consumers only have a limited need for the product.
Answer:
c) leadership is first and foremost about establishing a personal bond with employees
Explanation:
Sam believes in rewarding his employees for their hard work. he is acting as a _______ when he processes their merit raises promptly on their hire date anniversaries.
As a manager seeks to develop her leadership skills, she should be aware that:
a) there is one best leadership style to which all managers should aspire
b) leadership is primarily about personal efficiency
c) leadership is first and foremost about establishing a personal bond with employees
d) many different styles of leadership can be effective
Sam is acting as a manager when he processes their merit raises promptly on their hire date anniversaries. Leadership is the ability for an individual to direct or guide other individuals, teams, or entire organizations. Leadership in an organization is directing employees to accomplish a goal or meet the company need.
A leader should be able to communicate effectively with his/her team, be honest and have integrity and also build good relationship among client, team members and the community at large. The first thing a leader must do is establishing a personal bond with employees.
