True, the most fundamental reason for having a safety-friendly corporate culture is competition.
<h3>
What is corporate culture?</h3>
Corporate culture refers to the attitudes and behaviors that govern how employees and management interact in a corporation. Corporate culture is frequently suggested rather than explicitly stated, and it evolves organically over time from the cumulative attributes of the people the firm hires. National cultures and customs, economic trends, international trade, company size, and goods all have an impact on corporate culture.
Corporate cultures, whether designed or naturally developed, penetrate to the core of a company's concept and practice, affecting every area of the business. The culture of a firm will be reflected in its dress code, business hours, office layout, and many other aspects of operations.
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Answer:
The initial margin is $5,950
Explanation:
To calculate for the initial margin, we have to decide from two options. After making the calculations, the initial margin would be the one with a greater outcome.
Given:
Option price = $3.50
Strike price = $60
Stock price = $57
Stock price - Strike price = $60- $57 = $3
Option 1:
Option 2:
Since we got $5,950 in our first calculation, we will take that as our initial margin as it is greater than the second option. It can be provided in part with initial sum of $500 * 3 = $1,750
Answer: Oligopoly
Explanation:
In an Oligopolistic industry, the market is populated by few producers who control the market.
Oligopolistic industries have high barriers to entry because they usually benefit from economies of scale and so will require a huge cash outlay which still would not guarantee success as the other firms already have a firm grasp on the market.
If an industry has only 3 competitors as the one in the question, it is most likely an Oligopoly.
Answer:
C
is correct
Explanation:
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Economic theories are sets of ideas and principles that outline how different economies function.
