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Reptile [31]
2 years ago
5

General partners must obtain approval from a majority of the limited partners in order to manage the business. True or False

Business
1 answer:
JulsSmile [24]2 years ago
5 0

General partners do not have to obtain approval to run the business which means that this statement is <u>FALSE</u>.

In a Limited Partnership:

  • The limited partners are not involved in the running of the business
  • The general partner makes all the relevant decisions involved in running the company

The general partner therefore, does not have to take permission from the limited partners to manage the business. The limited partners have limited roles with one of them being that they do not run the business.

In conclusion, this statement is false.

<em>Find out more at brainly.com/question/12006026. </em>

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At Smartech, a company dealing in software products, employees often complain about the lack of clarity regarding the tasks they
Yuliya22 [10]

Answer:

(B) Analysis and design of work

Explanation:

HR functions , to resolve some problems like ,

  • Recruiting the Right People for the Right Job profile
  • Maintaining a Safe and healthy Environment
  • Compensation and Benefits
  • Employer-Employee Relations
  • Training and Development

Along with , listening to the complains and resolving them ,

As in this case , due to lack of clarity of the plan and resolving the conflicts at the work place .

5 0
2 years ago
Answer the following statement true (T) or false (F).
Mars2501 [29]

Answer:

False

Explanation:

Igor did nothing wrong. He performed a reverse engineering process which is totally legal. A reverse engineering process happens when a manufactured object is deconstructed in order to find out how it was designed or manufactured.

This process is very similar to scientific research, only that it is carried out on man made objects.

5 0
2 years ago
Freedom of ownership is part of what and what environment
lys-0071 [83]

Freedom of ownership is part of the government and the public sector business environment.

<u>Explanation:</u>

Freedom of ownership or a sharing vision offers a number of opportunities in the business environment. It allows the government to control the costs, generate the economies of scale and bargain costs down internally.

The freedom of ownership permits access to complex, specialized skills that can not be sourced locally. So this allows the government sector or the public sector environment to run the business successfully and to run it efficiently.

6 0
3 years ago
A 15% increase in sales resulted in a 40% increase in net income for Company A and a 60% increase in net income for Company B. B
Ivahew [28]

company B has the greater operating leverage

What is operating leverage?

A cost-accounting method called operating leverage assesses how much a company or project can raise operating income by raising revenue. A company with significant operating leverage creates sales with a high gross margin and low variable costs.

The break-even point of a business is determined using operating leverage, which also aids in determining the right selling prices to cover all expenditures and make a profit.

Regardless of whether they sell any units of product, businesses with significant operational leverage must cover a bigger amount of fixed costs each month.

Low-operating-leverage businesses may have high variable costs that are directly related to sales, but they also have fewer monthly fixed expenses.

Learn more about operating leverage with the help of given link:-

brainly.com/question/6238482

#SPJ4

3 0
1 year ago
The following information is for S&amp;P Enterprises for the month of September: Direct materials $82,000 Direct labor $51,000 V
prisoha [69]

Answer and Explanation:

The computation of the total period cost is shown below:

Variable selling expense $16,000

Fixed selling expense    $15,000

Variable administrative expense $6,000

Fixed administrative expense  $18,000

Total period Cost            $51,000

ANd, the total fixed cost is

Fixed Manufacturing overheads $30,000  

Fixed selling expenses         $15,000  

fixed admin expenses          $18,000

Total fixed cost                     $63,000

We simply added all the above items

7 0
3 years ago
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