Answer:
Principal-agent relationship
Explanation:
The principal Agent relationship is where a person or group of persons duly authorizes another to act on their behalf. Usually, the principal has more authority or is more senior and instructs the agent to represent them in certain aspects. The principle Agency relationship empowers the agent to act on behalf of the principal.
Lisa and the shareholders are a good example of a principal-agent relationship. Lisa, the CEO, should act in the best interests of the shareholder. Here, Linda is the agent who has been authorized to act on behalf of the shareholders, the principal.
Answer and Explanation:
a. The president remark in case of the allocated fixed expenses should be ignored the misleading result as it is seen that the division B has suffered a loss of $6,000 due to which the president exclaimed "I knew it!.
Moreover the president ignored the given information i.e $172,000 included $94,500 that had been split evenly between divisions as they are classified as a general corporate expenses
So if it is split evenly the general corporate expenses for division B is $31,500 which is come from by dividing the $94,500 from 3 divisions
And if we do not allocated the expenses so all divisions would come in profit
Answer:
1. The capacity of the process
= 2.5 suits /day
2. The flow rate of the process = 2.5 suits/10 hours
= 0.25 suits per hour
3. The implied utilization of the Sewing stage = (0.5 * 150 minutes * 4) 300 minutes = 5/10
= 50%
4. The utilization of the Measuring stage = (0.5 * 30 minutes * 4) 60 minutes = 1/10
= 10%
Explanation:
a) Data and Calculations:
Time taken for the measurement of a suit = 30 minutes
Time for preparation and cutting of materials = 60 minutes (1 hour)
Time for sewing = 150 minutes (2.5 hours or 2 hours, 30 minutes)
Total time taken to make a suit = 4 hours
Available production time per day = 600 minutes (6 hours)
Therefore, 6/4 suits can be produced per day, this equals 2.5 suits.
Given that S<span>am's distribution of meal costs has a mean of $9 and a
standard deviation of $3, this means that the range of Sam's meal cost
that are within one standard deviation is given by ($9 - 3, $9 + 3) =
($6, $12).
Given that Sam </span><span>always tips the server $2
plus 10% of the cost of the meal, this means that when the cost of the
meal is $9, Sam tips $2 + (0.1 x 9) = $2 + $0.9 = $2.90
Therefore, the mean of the distribution of Sam's tips is $2.90
Similarly, the </span><span>range
of Sam's tips that are within one standard deviation is given by ($2 +
0.1(6), $2 + 0.1(12)) = ($2 + 0.6, $2 + 1.2) = ($2.6, 3.2) = ($2.9 -
$0.3, $2.9 + $0.3)
Therefore, </span><span>the standard deviation of the distribution of Sam's tips is $0.3</span>
Answer:
The correct answers are letters "B" and "D".
Explanation:
The global service system of Theo Chocolate provides a great opportunity for some of its staff to get a <em>deeper insight into how the company's different markets work</em>. Operations in different regions include coping with different cultures which also include talking about different people and consumer patterns. Thus, all this information can be collected by the employees who are sent for one year to work in those regions.
Furthermore, chances of <em>diversification chances may appear in spotting the opportunities</em> of Theo Chocolate in foreign markets. The organization must ensure that the members sent for the exchange experience are well trained to get the most out of the global service program.
