Answer: a. Task conflict
Explanation:
Task conflict could be seen as the inability of groups carrying out a specific task to seize progression over different needs, behavior issue or ideas which don't seem to bring an agreement. Task conflict is vital in most times in firms, as it helps the organization access itself based on the decisions they, although they may not agree on some or most terms but there is an evaluation on how things are done and making room for improvising to do better, this is if they partake optimistically and selflessly in the task conflict
Answer:
The correct answer is option c.
Explanation:
In order to increase the revenue, the firm should increase the price when the demand is inelastic. Inelastic demand means that a change in price will cause a less proportionate change in quantity demanded.
So when the price is increased it will lead to a less proportionate decrease in the quantity demanded. As a result, the total revenue will increase.
Answer:
Option B
New Credit
Explanation:
An Intended Beneficiary refers to a third-party beneficiary that will benefit from the contract between two other parties.
In this case, New Credit is the intended beneficiary. This is because the original contract is between Lyle and Miranda. However, the terms of the contract bring New Credit in to the picture, as a party who is to have some benefits accrued to him before the contract to be fulfilled.
Hence, in this case, New Credit is the intended beneficiary because he is a third party that is benefiting from the fulfillment of Lyle and Miranda's contract
Answer:
translation exposure
Explanation:
Translation exposure is also known as translation risk. In this type of risk, the value of a company's assets, equities, income, or liabilities change due to changes in the exchange rate,
French subsidiary received a lesser income last year, although payment will be adjusted in US dollars as per the contract.
Due to this, the subsidiary has a balance sheet loss, although the consolidated global result is positive.
This type of foreign exchange risk is known as translation exposure.
