Answer:
(a) Conscious capitalism.
Explanation:
Conscious Capitalism is a philosophy that says businesses should serve all principal stakeholders, including the environment.
While conscious capitalism still seeks a profit, it emphasizes doing so in ways that sincerely consider the interests of all principal stakeholders. The philosophy recognizes that some stakeholders, namely the environment, cannot speak for themselves but are still necessary considerations when making business decisions.
Answer:
retrenchment strategy.
Explanation:
The retrenchment strategy is a way that businesses reduce cost in order to become financially stable. Usually this strategy is used when a business withdraws from a particular market or stops offering a product or service with the hope that it will gain positive financial results.
There are three type the turnaround strategy, divestment strategy, and liquidation strategy.
In the given instance due to fire aserrano decided to sell one of its product lines in order to recover it's losses.
Answer: B. Whether the agent has a college degree
Explanation:
A servant contractor is similar to an Independent contractor in that they have both been given work to do by an Employer.
An Independent contractor however, is just that, Independent. As such they have certain characters that distinguish them from servant contractors.
Independent Contractors usually have their own offices as they run their own company and then hired to do some work by a separate employer unlike a servant (employee) who works in their employer's office.
Seeing as they are independent, they usually have more than 1 client as opposed to a servant who only works for their employer.
Having a college degree does not automatically make you one or the other as they could both have a college degree. It is the odd one out and therefore the right answer.
Answer: c. The controllable variance pertains solely to fixed costs
Explanation:
For overhead variance, it should be noted that standard hours allowed are used in calculating the controllable variance, standard hours allowed are used in calculating the volume variance and the total overhead variance pertains to both variable and fixed costs.
Therefore, the option that is not true is that the controllable variance pertains solely to fixed costs(option C)
Answer: b. is one of the determinants of the intensity of rivalry in the industry.
Explanation: intensity of rivalry occurs between competitors in an industry and it is the extent to which firms in the industry impact one another to either maximize their profit potential or limit it. Competing firms in most industries are mutually dependent in such a way that any move by any one firm is noticeable by another. As such, rivals harness various strategies based on price, product, advertising etc. to boost their profit while limiting profitability of others. These strategies often increase the cost of operation leading lower supply or reduce the price of
products leading to greater demand. Consequently, the intensity of rivalry among firms in an industry is an
integral part of determining the condition a firm is in for doing business.
