Answer: $78.25
Explanation:
The Southern Division is willing to pay $78.25 to an outside company for this part that it needs.
In the same vein, the maximum therefore that they would be willing to pay for the Western Division should be $78.25 as well because anything higher than that would constitute an Opportunity Cost loss.
They should go for the cheaper option and if buying from the Western Division exceeds the $78.25 then it is loss on their part. Western Division should charge the same or less.
The retirement plan she most likely has is the 401(k)
Well, actually both 401k and 403 b offer similar system of retirement. But 401k is more commonly used by middle-lower class worker, including elementary school teacher
Answer:
Explanation:
The primary objective of HRM is to ensure the availability of competent and willing workforce for an organization. Beyond this, there are other objectives too. Specifically, HRM objectives are four fold: Societal, Organization, Functional and personal
Business consultant Peter Drucker said that the most important factor of production is knowledge.
Answer:
Focuses on the internal strenghts of the firm
Explanation:
To understand difference, it is better to start with definicions of each of the concepts.
So, Resource based view focuses on firms's internal resources and capabilities and Institution based view suggests that the success and failure of firms are affected by institutions, such as regulations, laws, ethics, cultures and norms
