Answer: Crater will be bound because of Borg's apparent authority.
Explanation:
Crater Corp. will be bound to the contract since Bo Borg has the apparent authority as the acting Vice President of purchasing. Even though he went over the agreed amount that was over 2 million in the contract. Since the Shady company was unaware that he had exceeded his authority the contract will stay in place. If Shady company had of known that he did not have the final say and needed approval the result of the transaction would of been different.
Answer:
D. A checking account comes with a credit card.
Explanation:
A checking account is opened to facilitate regular bank transactions such as deposits, withdraws, cash transfers, payments, among others. There are no limits to the number of transactions that one can perform per period. Bank's fee and charges are applicable per transaction. To facilitate payments, withdrawals, and deposits, banks provide debit cards to customers.
Savings accounts are designed to help customers accumulate funds for future use. Banks limit withdrawals and offer interest payments to encourage customers to save. Savings accounts have fewer charges and don't come with debit cards.
Answer: supplier search
Explanation:
Portillo's Fast Food restaurants are in the supplier search stage in the business buying process. The supplier search refers to the stage of the business buying process whereby the buyer or the company seeks the best suppliers or vendors.
The company can compile a list of suppliers and make a research about them to know the one that's most appropriate to carry out the job at hand and will be most effective and efficient. This can be infered from the question as Portillo's is looking for a vendor that can provide a product according to its new specifications at a price that is less than what it was paying in the past.
Answer:
E) participative.
<u>The multiple-choice options for this question are: </u>
A) laissez-faire.
B) hands-off.
C) existential.
D) authoritarian.
E) participative.
Explanation:
In the participative leadership style, the manager invites employees' input when making all or most company decisions. The employees are adequate information regarding company issues. Each of the staff members is accorded an opportunity to make their contribution to the subject matter. If the team cannot reach a consensus, a majority vote determines the direction the company will take.
Participative leadership is criticized for slow f decision-making. Its main advantage is that decisions are easily acceptable by all, making implementation seamless.
Answer:
E. Yes: The MIRR is 9.13 percent.
Explanation:
<em>The First Step is to Calculate the Terminal Value at end of year 4. </em>
Terminal Value (FV) = Sum of (PV x (1 + r) ^ 5 - n)
= $107,500 x (1.134) ^ 3 + $196,100 x (1.134) ^ 2 + $104,500 x (1.134) ^ 1 + -$92,700 x (1.134) ^ 0
= $156,764.47 + $252,175,97 + $118,503 - $92,700
= $434,743.44
<em>The Next Step is to Calculate the MIRR using a Financial Calculator :
</em>
- $287,500 CFj
0 CFj
0 CFj
0 CFj
$434,743.44 CFj
Shift IRR/Yr 9.13%
Therefore, the MIRR is 9.13%
.
