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2 years ago

four ways in which the government can ensure that Road Accident Fund benefits are given to deserving beneficiaries

2 answers:

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1).government can sent his authorities legitimately to affirm the store benefits reaching.2) They can likewise make the cash straightforwardly move to one of the recipients bank account.3) Government can ensure cash move through giving them the bank chaque.4) the administration should focus whether insurance agency play into record.

Further Explanation:

Some more ways:

There is a work of representatives, wherein guarantees that the RAF is being run decently and there is no defilement.

The cases are judged reasonably and the exploited people included will be redressed.

At the point when mishaps happen, authorities will confront the individual include in the mishap for check guarantee.

In conclusion, there is a substitution of current arrangement of which the RAF is the one considered capable of doing. This will clear the driver influenced as far as common obligation.

Guarantee observing bodies remain effectively associated with perceiving meriting individuals.

Organizing and executing solid measures to check the individuals who may attempt to swindle.

Requiring individuals from general society to be enlisted with the bodies responsible for the reserve.

imperative to pursue traffic rules:

The Importance of Obeying Traffic Laws, Traffic laws are intended to secure you and different drivers out and about. By knowing the standards of the street, rehearsing great driving abilities and for the most part taking consideration as a street client, you help assume a crucial job in counteracting an accident.

Subject: business

Level: High School

Keywords: Some more ways, some more ways.

Learn more about evolution on:

Ways to ensure the government road accident fund https://brainly.in/question/1601717

Ways to ensure the government road accident brainly.com/question/4747526

OLga [1]2 years ago

3 0

1) Road accident officials may visit the claimant in person, to confirm the authenticity of the claim.

2) The RAF should reinstate their existing system (the fault-based compensation system) with a new system proposed in the high court, called the Road Accident Fund Benefit Scheme (RABS) – a no fault benefit system – that will pardon the affected driver from civil liability.

3) Certify that there is slight intermediary intervention as possible. For instance, lessen the amount that lawyers take as a cut from pay-out.

4) Utilize more efficient employees, who can make certain that the administrative side of the RAF runs as reasonably and smoothly as possible, with as little deceitful behavior and corruption as possible.

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Who will bear the incidence of the tax? suppose the government imposes a tax on three products with differing demand elasticitie

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If the price elasticity of demand is inelastic, then the incidence of tax will be greater on consumers, as producers can shift most of the tax on them by raising prices. Whereas if it was elastic, then it would be producers.

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2 years ago

Lester, a chef and owner of Green Lantern, a popular restaurant, is always visiting his competitors to observe how they are doin

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Answer:

Competitive intelligence

Explanation:

Competitive intelligence (CI) is the action of defining, gathering, analyzing, and distributing intelligence about products, customers, competitors, and any aspect of the environment needed to support executives and managers in strategic decision making for an organization.

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2 years ago

Read 2 more answers

Three years ago, Vincent Chow completed his degree in accounting. The economy was in a depressed state at the time, and Vincent

m_a_m_a [10]

Answer:

Prerequisite 1

There are three nonexclusive serious techniques:

Cost Leadership - target showcase exceptionally broad, point is to have the most minimal cost. Items not specific, attempt to speak to shoppers because of their low costs.

Separation - items or administrations gave elite highlights that clients need, commonly an increasingly devoted specialty. Ready to charge more significant expenses because of these additional highlights.

Center Strategy - either a cost authority or a separation methodology, yet focused for a tight, engaged market.

Vincent's business utilizes a Focus Strategy. The Cappuccino Express was made with the conviction that because of individuals' evolving schedules, comfort would be vital – giving speedy and advantageous espresso to occupied individuals.

Prerequisite 2

Basic Success Factors are the vital money related and non-monetary proportions of achievement. To be increasingly explicit Critical Success Factors are features of the association's exhibition that are essential to its upper hand.

The Cappuccino Express Critical Success Factors :

Quality and cost of existing items

Areas specific..near Malls , schools , workplaces and so forth.

Devise new items at customary interims

Client Turnover – capacity to keep lines short, vehicles traveling through line

Keeping Loyal clients with quality items along these lines diminishing ad costs

Giving incredible client support

Improving Profitability

The greater part of these Vincent will have the option to show some power about whether it is adjusting costs, items, guiding various areas or making preparing programs. Then again, if Vincent's essential supposition never again remains constant, regardless of what he does he will most likely be unable to equal the initial investment, not to mention turn a benefit.

Prerequisite 2

Vincent needs to leave on numerous assignments in dealing with The Cappuccino Express. To start with, Vincent must blueprint a statement of purpose, objectives, and destinations. As supervisor, Vincent must do statistical surveying. He should get some answers concerning his rivals, clients, and the economy. Additionally, he should utilize a workforce and train them. He should isolate the expenses into assembling costs (direct materials, direct work, and assembling overhead) and non producing costs (selling and managerial expenses). This will take into account monetary observing and precise gauges of benefits, stock, and expenses. Vincent ought to assess both of his areas and conclude whether to remain in business or grow. Additionally, Vincent ought to evaluate his item contributions, administrations, and quality. He can choose which sorts of publicizing (advancements and limits) to offer.

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2 years ago

What is the present value of the future cash flows, if you also could earn $110,000 per year rent on the property? The rent is p

dem82 [27]

Answer:

a. The present value of the sales price is $1.657 million.

b. No. This is because an investment in the property will result in a negative net present value (NPV) of $0.443 million.

c-1. The present value of the future cash flows is $2.122 million.

c-2. Yes. Yes. This is because an investment in the property will result in a positive net present value (NPV) of $0.022 million.

Explanation:

Note: This question is not complete. The complete question is therefore presented before answering the question as follows:

You can buy property today for $2.1 million and sell it in 6 years for $3.1 million. (You earn no rental income on the property.)

a. If the interest rate is 11%, what is the present value of the sales price? (Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places.)

b. Is the property investment attractive to you?

c-1. What is the present value of the future cash flows, if you also could earn $110,000 per year rent on the property? The rent is paid at the end of each year. (Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places.)

c-2. Is the property investment attractive to you now?

The explanation to the answers is now provided as follows:

a. If the interest rate is 11%, what is the present value of the sales price? (Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places.)

The present value of the sales price can be calculated using the simple present value formula as follows:

PV = FV / (1 + r)^n ……………………….. (1)

Where;

PV = Present value of the sales price = ?

FV = Future value or the sales price in 6 years = $3.1 million

r = interest rate = 11%, or 0.11

n = number of years = 6

Substitute the values into equation (1), we have:

PV = $3.1 / (1 + 0.11)^6

PV = $3.1 / 1.11^6

PV = $3.1 / 1.870414552161

PV = $1.65738659187525 million

Rounding to 3 decimal places, we have:

PV = $1.657 million

Therefore, the present value of the sales price is $1.657 million.

b. Is the property investment attractive to you?

No. This is because an investment in the property will result in a negative net present value (NPV) of $0.443 million.

The negative net present value (NPV) of $0.443 million is determined as follows:

NPV = Present value of the sales price - Acquisition cost = $1.657 million - $2.1 million = -$0.443 million

The present value of the future cash flows can be calculated using the following steps:

Step 1: Calculation of the present value of the $110,000 per year rent

Since the rent is paid at end of each year, this can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PVR = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (2)

Where;

PVR = Present value of yearly rent = ?

P = Annual rent =$110,000

r = interest rate = 11%, or 0.11

n = number of years = 6

Substitute the values into equation (2) to have:

PVR = $110,000 * ((1 - (1 / (1 + 0.11))^6) / 0.11)

PVR = $110,000 * 4.23053785373826

PVR = $465,359.163911209

Converting to million and rounded to 3 decimal places, we have:

PVR = $0.465 million

Step 2: Calculation of the present value of the future cash flows

Present value of future cash flows = Present value sales price + Present value of annual rent ……. (3)

Where;

Present value sales price = $1.657 million, as already calculate in part a above

Present value of annual rent = PVR = $0.465 million

Substituting the values into equation (3), we have:

Present value of future cash flows = $1.657 million + $0.465 million = $2.122 million

Therefore, the present value of the future cash flows is $2.122 million.

c-2. Is the property investment attractive to you now?

Yes. This is because an investment in the property will result in a positive net present value (NPV) of $0.022 million.

The positive net present value (NPV) of $0.022 million is determined as follows:

NPV = Present value of tof the future cash flows - Acquisition cost = $2.122 million - $2.1 million = 0.0219999999999998 million

Converting to million and rounded to 3 decimal places, we have:

NPV = $0.022 million

6 0

2 years ago

The ways in which organizations use the system to provide information for day-to-day decisions about salary, benefits, and recog

just olya [345]

Answer:

Administrative.

Explanation:

The ways in which organizations use the system to provide information for day-to-day decisions about salary, benefits, and recognition programs falls under the Administrative purpose of a performance management system.

Performance management system: It is a system used to evaluate the performance of the employee and rewarding them on the basis of their performance. It also helps in defining the required role of an employee in a given time, which creates transparency in the evaluation process. It serves as a basis for improving employees' knowledge and skills, which motivate employee for better performance.

There are three purposes of performance management:

Strategic purpose.
Administrative purpose.
Developmental purpose.

Strategic purpose: It is defined as how effective performance help the organization to grow.

Administrative purpose: It is defined as how organizations use the system to provide information for day-to-day decisions about salary, benefits, and recognition programs.

Developmental purpose: It is defined as how system helps organization in developing employee´s skill and knowledge.

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2 years ago