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Zepler [3.9K]
3 years ago
9

Bob needs to create an agreement between his company and a third-party organization that demonstrates a "convergence of will" be

tween the parties so that they can work together. Which type of agreement will Bob use?
Business
1 answer:
Andrej [43]3 years ago
8 0

Answer: Memorandum Of Understanding (MOU)

Explanation: A memorandum of understanding may be explained as a binding document between two or more parties usually employed to showcase an agreement in action, decision or intent of the parties involved. The memorandum of Understanding may be adopted to serve as a commitment to partner between two or more parties where the parties prefer to adopt a gentle or leave out legal procedure in their agreement deal.

In the scenario above, Bob will have to create a Memorandum of Understanding which will be signed by Bob's company and the third party to signify a convergence of will between them.

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Dillon wants to advance quickly in his career with the Orton Company. To impress his boss, Dillon volunteered to take on several
Softa [21]

Answer:

Three things I think he must learn from this. Number one is to not take responsibilities of tasks that you are unaware of. Suppose I am a doctor of heart so don't know about spine issues. I must not create an image that I know everything. If I am doing so, I am living in the fool's paradise. This attitude can harm the patient and I will be liable for that. Secondly, if I am not capable of multitasking then I must consider my own limitations before agreeing to do more acceptance. Third thing is that when we increase productivity without increasing quality productivity level, this means we had compromised quality which Dillon has done with the Simpson Assignment. The Fourth one is that always consider a safety margin, for example Dillon can say when the task was not handed him over that he would do all these assignments but he needs some extra days. And also giving days for first one on a specified day before taking the assignments and next on next specified date. By doing so he was able to improve his image because he is providing quality.

6 0
3 years ago
If a society decides to produce consumer goods from its available resources, it is answering the basic economic question,
dexar [7]

Answer:

What to produce?

Explanation:

What to produce?

Due to the fact that resources are scarce, a producer has to decide what he wants to produce.

In the question above, the consumer has decided to produce consumer goods.

How to produce?

The producer has to decide on the optimal production method to employ. It has to decide whether a labour or technology intensive production method would be better .

For whom to produce?

A producer has to answer this question in order to be able tailor his product to perfectly suit his target customers. The producer has to decide if to produce for young people, middle aged people or the elderly or sell to the poor or rich.

I hope my answer helps you

6 0
3 years ago
In an attempt to reduce poaching of elephant tusks for ivory, officials in Kenya burned illegally gathered ivory. Economists ten
Brut [27]

Answer:

b. the supply of ivory has fallen, leading to an increase in price and reward for poaching.

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.

Poaching can be defined as an illegal or illegitimate procurement (purchase) of protected wildlife living organisms such as elephants, fish, trees, gaming, etc.

In an attempt to reduce poaching of elephant tusks for ivory, officials in Kenya burned illegally gathered ivory. Economists tend to point out that the supply of ivory has fallen, leading to an increase in price and reward for poaching in accordance with the law of supply.

This ultimately implies that, an increase in the price level of a product usually results in a decrease in the quality of real output demanded along the aggregate demand curve.

6 0
3 years ago
If all resources were perfectly adaptable for alternative uses, the production possibilities curve would:
Svet_ta [14]

Answer:

The correct answer is letter "C": be a straight line.

Explanation:

The Production Possibility Frontier (<em>PPF</em>) aims to determine what the maximum production would be using finite factors. Typically, the higher production of a good implies lowering the production of another. The PPF is represented by a graph with a vertical "X" axis and a horizontal "Y" axis for easiness in understanding.

Thus, if the factors for production were perfectly adaptable, the PPF curve will display a straight line in a graph.

8 0
3 years ago
How do a traditional economy, a market economy, a command economy, and a mixed economy differ?
andrezito [222]
<span>Is there answer choices ?
</span>
7 0
3 years ago
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