Answer:
Policy owner
Beneficiary
Face amount
Insured
Explanation:
John is both the “Policy owner” and the “Beneficiary” who will receive the “ Face amount” upon the death of Betty, the “Insured”.
The term policy owner is used to refer to a person who buys and pays the premium. At the same time, a beneficiary is a person who receives the face amount that was on the name of the insured (Betty).
It is given that John has bought the policy and paying the premium so he is the owner. Moreover, he is the beneficiary because he is getting the insurance amount after the death of betty who is insured.
It would be meters if it is like a city bench. If it is smaller than a city bench then Centimeters.
Answer:
$27,600
Explanation:
A. To record equity income
Dr Investment in macro $36,200
Cr Equity income from macro $36,200
(40%×90,500= 36,200)
B.To record cash dividend
Dr Cash $8,600
Cr Investment in macro $8,600
(40%×21,500=8,600)
Therefore:
Increased in investment- macro company stock
$36,200-$8,600= $27,600
It might fail because of competition.
Answer:
Decentralized Control
Explanation:
When the manager allows all employees to monitor product quality, it is because he is giving every employee a bit of control over the production process. This is the definition of decentralized control: instead of having top management oversee all aspects of the company, middle, lower management, and even operating workers are deemed capable enough to excercise control in specific aspects of the company.
Intrinsic and extrinsic rewards also are related to decentralized control because these rewards act as incentives for the employees to take on more responsability, and as the question correctly point out, they also help build commitment to the organization.