Answer: Option C
Explanation: In simple words, product focused process refers to the processes that focuses on producing the batch of similar products. These processes are usually used to manufacture products like paper rolls and light bulbs.
Under this process large units are produced of a similar product. Such processes require high fixed cost and low variable cost.
From the above we can conclude that the correct option is C.
If the European subsidiary of a US company has published net assets of €200,000 and the euro rises from $1.22/€ to $1.26/€, the US company would incur a loss of $8,000 in translation.
In the corporate world, a subsidiary is a company that belongs to another company, usually called a parent company or holding company. The parent company retains control of the subsidiary. That is, the parent company owns or controls more than half of its shares.
A European company – also known as SE – is a type of public limited company that allows a single set of rules to operate in different European countries.
In accordance with the principle of balance, the content and form of EU action must not exceed what is necessary to achieve the objectives of the Treaty. Page 3. 3. Subsidiarity is who should act. Proportionality is about the types of measures that should be implemented.
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Answer: The correct answer is True.
Explanation: This is a case of employer liability - employers are liable to their employees' act, whether it was due to the employer's intention or not, or whether the employer means to cause harm or not, provided the employees still act within the scope of their employment. The same applies if the employees had carried out good deeds within the scope of their employment, the employers share the good news - just the same way an employer profits from employee's labor, the employer is legally liable when the employee commits harm.
Employers are <em>vicariously liable</em> under doctrine of "respondeat superior" for the negligence or omissions caused by their employees during the course of their employment with the company. The doctrine of "respondeat superior" according to Law dictionary means a doctrine in tort law that makes a master liable for the wrong of a servant. There was a particular scenario I witnessed: a colleague of mine while working late at work had a visitor at the Reception and opted to see him. Unfortunately for her, an accident happended - a car broke into the office and she sustained a lot of injuries. The employer paid for all her reimbursable expenses during her treatment, paid her mum a certain amount for taking care of her, including buying her a new phone because the old one got damaged during the accident although insurance took care of some of the health bills. Because the employer knew it was binding in the court of law, she could not be forced to resume. She eventually resumed after 6 months!
Roy is a sole trader if he is not setting up a company instead starts a business.
<h3>What is a Business?</h3>
A business is the process of selling goods or services and earning revenue and profits through it, the business generates revenue which is deducted by the expenses incurred by the business. The business ensures the strategy to have a balance between these expenses and revenue so that there is some residue profit.
The sole trader is the business where the owner of the business is highly involved in day to day running of the business taking all the strategic decisions and responsible for all the debts of the business.
On the other hand a limited liability company is a business in which the owner of the company can be involved in day to day running of the operations but is not liable personally for the debts.
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Canada, Australia, and South Africa use tax brackets.
