Answer:
c. Accounting
Explanation:
Value chain refers to various linked activities in creating a product wherein at each stage, certain value is added. The concept was given by Michael Porter.
Porter divided the value chain activities into two groups i.e primary activities and secondary or support activities.
As the name suggests, support activities refer to those activities which aid or support the primary activities.
One of the support activities mentioned by Porter is the Infrastructure, which includes accounting function of an enterprise.
Answer:
False
Explanation:
In order for an executive to claim protection under the business judgment rule they must prove that their decisions were rational and made in good faith. Business executives and the board of directors are responsible for making decisions and some will good and others may be bad, but they have to make those decision without fear of prosecution.
Answer:
a. equal to its marginal cost and grant a subsidy to cover the loss
Explanation:
In a competitive market there is allocative efficiency non fixing of prices.
The price of commodity is equal to it's marginal cost.
A socially optimal level of output is produced thereby demand will equal marginal cost.
A monopolist however will not set price that is equal to marginal cost normally. Instead they will less goods at a higher cost and charge higher price on it.
If a government wants to regulate a monopoly the best option will be for the monopolist to set a price equal to its marginal cost and government grant a subsidy to cover the loss
That statement is false. Your financial decision will not decrease when you have become an adult,
Answer: Helping make the report accessible by using a readable font, headings, lists, and white space.
Explanation:
For a report to be skimmable, it means that the report is capable of being read through quickly. The is very important in the business world because most executives barely have time but have to keep up to date witu reports and so prefer skimmable reports.
For a report to be skimmable though it needs to be very clear and concise. The reader must be able to grasp the important information quickly. This is why the report must be accessible by using a readable font, headings, lists, and white space. They will ensure that the reader gets the information needed simply by reading through.
