Answer:
<h3>A limited liability company is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. </h3>
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Answer:
B) improved decision making
Explanation:
A company's main objective is to make the rational decision that can help the company achieve its goals in order to capture the dynamics of the market.
If a wrong decision is made, it can harm the company's image and the situation would get worse, thus making the company profitable by making a good decision.
In case of the real-time information, decision making plays a very important role so that the managers could take the decisions at the specified time.
Answer:
C. A country can specialize in producing that for which it has a comparative advantage and then trade for other needed goods and services.
Explanation:
<em>Comparative advantage</em> is simply evaluating the opportunity cost of other benefits or costs, if the country is opting to choose for a specific category of goods for production purposes.
For example, let's say US can produce 20 Television (TV) sets and 50 Air Conditioners in a month. Here, the opportunity cost of producing 1 TV set is 50/20 i.e. 2.5 Air Conditioners. Similarly, the opportunity cost of producing 1 Air Conditioner (AC) is 20/50 i.e. 0.4 TV set. Hence, US should produce Air Conditioners over TV sets as per <em>Comparative Advantage</em> concept.
Take another example, let's say UK can produce 50 Television (TV) sets and 20 Air Conditioners in a month. Hence, the opportunity cost of producing 1 TV set is 20/50 i.e. 0.4 Air Conditioner. On the other hand, the opportunity cost of producing 1 AC is 50/20 i.e. 2.5 TV sets. Thus, UK should produce TV sets over AC's as per <em>Comparative Advantage </em>model.
Hence, US should export AC's to UK and import TV sets from UK to gain from specialization and trade.
<em> In this way nations can gain from specialization and trade by making use of Comparative Advantage theory</em>.
It is to be noted that <em>Absolute Advantage model </em>of Adam Smith is also good as it highlights production of that good by a country, which it can produce in large quantities with fewer resources and minimal time than any other nation in the world. But the <em>Comparative Advantage Model </em>developed by David Ricardo considers opportunity cost and is much more refined than Absolute Advantage Model.
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Answer:
<u>disturbance handler role of management</u>
Explanation:
Note that a manager <u><em>not only</em></u> directs employees but also resolves disputes among employees. In this scenario, Candace plays the disturbance handler role of management which involves a manager to fairly use his position of authority to resolve conflicts among employees.
It should be noted that the generic action option that serves as outgrowth of affirmative action programs is include/exclude action.
This generic action option gives attempts in increasing or decreasing the number of diverse people throughout an organization .
<h3>What is generic action option?</h3>
generic action can be regarded as an action which serves as generic delegate that is present in System namespace.
Learn more about generic action option at:
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