Iron triangles have given way to INTER-GOVERNMENTAL LOBBYING over the years.
Iron triangles refer to a mutual relationship between three three groups or organizations such as government agencies, interest groups and legislative committees (law makers). It is a policy making relationship in the United States politics.
Answer:
Total amount of dividends paid over the last three years is $20500
Explanation:
The net income of the company is either retained in the company or paid out as dividends. To calculate the value of the ending retained earnings, we use the following formula,
Ending balance = Beginning balance + Net Income - Dividends
We first need to calculate the total net income for the 3 year period. The total net income for the 3 year period is, 3 * 6500 = $19500
Plugging in the available values for the ending and beginning balance of retained earnings and net income, we can calculate the value of total dividends paid for the three year period.
15000 = 16000 + 19500 - Dividends
Dividends = 35500 - 15000
Dividends = $20500
Answer:
Rare
Explanation:
VRIO Analysis is an analytical technique for the evaluation of company's resources and thus the competitive advantage. VRIO comes from the initials of the evaluation dimensions: Value, Rareness, Imitability, Organization.
A resource is rare simply if it is not widely possessed by other competitors. When a firm has valuable resources that are rare in the industry, they are in a position of competitive advantage over firms that do not have the resource.
Answer:
The market interest rate related to a bond is also called the
c.effective interest rate.
Explanation:
Another name for the market interest rate is the current interest rate, the yield-to-maturity, or the effective interest rate. One distinguishing factor is that the market interest rate is always changing whereas the stated interest rate does not change. The stated interest rate is the interest rate actually designated on the face of a bond, which determines the amount of interest that the bondholder receives. This means that the market interest rate is just the rate that investors demand to earn for lending their money to the company.
Answer:
The answer is C. Proactive management
Explanation:
Proactive management looks ahead. They are not reactive. They envisage problems before it occurs. They institute or set up internal controls which will not be conducive to fraud. Internal controls like segregation of duty, dual control, authorization etc.
But in an organization where perceived inequalities are rife, employees will tend to play fast because they are not satisfied.
Also, when unreasonable budget are set by the management, employees tend to do all things possible to achieve this budget so as to keep their job. This breeds the thought of fraud.
High employee turnover too can lead to fraud because staffs know they wont stay too long.
