Because the company and the outsourcing vendor can become so tightly integrated <u>ending</u> the agreement can be very costly and risky.
A company is a legal entity formed by a group of individuals to conduct and operate a commercial or industrial business. A company may be organized in various ways for tax and financial liability purposes, depending on the corporate law of its jurisdiction.
The English word company comes from the old French term Compagnie (first mentioned in 1150), meaning 'society, friendship, intimacy. It comes from the Late Latin companion ("who eats bread with you"), first attested in Lex Salica.
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Answer:
Theory of comparative advantage states that a country has a comparative in a production of certain commodities if the opportunity cost of producing these commodities is lower than the other countries.
Here, it is given that country A is a efficient producer of tin and there are some difficulties in producing corn. So, country A have to concentrate on the production of Tin and purchase the corn from any other efficient producer.
For the initial purchase, Geraldine already has the gain of
$40,000 - $20,000 = $20,000
Because he succcesfully bought the land below the market value.
After the sale, the total gain would be
$20,000 + ($45,000 - $20,000)
$20,000 + $ 25,000
= $45,000
Conscientious employees prioritize <u>accomplishment</u> striving, indicating a strong desire to achieve task-related goals as a means of expressing their personality.
<h3>What is meant by Conscientious employees ?</h3>
This is the term that is sued to refer to the types of workers that are in an establishment who are willing to work like they are supposed to. These are the people that would do the right thing and are described to have a near perfect personality in the work place.
Hence we can say that Conscientious employees prioritize accomplishment striving, indicating a strong desire to achieve task-related goals as a means of expressing their personality.
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Let us calculate net profit on each unit; after the changes, we have that the company sells 1300 units and eah unit has a profit margin of 175-100=75$.We also have that the fixed costs are in total 96000-20000=76000$. Consider the profit function P(x) that depends on the number x of units sold. P(x)=75*x-76000. Substituting x=1300, we have that P(x)= 97500-76000=21.500$. This is the Net operating Income after the changes.
