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Pavlova-9 [17]
2 years ago
10

Tommie, a six-year-old child, was seriously injured when he stuck a fork into an electrical outlet at a restaurant. His parents

sued the restaurant where the incident occurred, claiming it should have had child protective guards on the outlets even though no law required the restaurant to do so. Whether the restaurant is liable will be dependent upon whether
Business
1 answer:
ycow [4]2 years ago
5 0

Answer:

The answer is: the accident was reasonably foreseeable.

Explanation:

The defendant (in this case the restaurant being sued) can be considered liable only if the plaintiff (Tommie´s family) can prove that they were negligent. They must also prove that the defendant´s negligence caused the plaintiff´s injuries.

Usually in order to prove that the defendant was negligent and is responsible for the injuries, foreseeability must be determined. In other words, was it reasonably foreseeable that the restaurant should have known that by not covering the electrical outlet someone could get hurt?

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Netflix is an internet television network that currently boasts the worldâs largest paying membership (Source: 2015 Netflix inve
Darya [45]

Answer:

As this example illustrates, companies like Netflix must engage in <u>ONGOING STRATEGIC PLANNING</u> to remain relevant and competitive in the ever-changing environment of technology advancements, social trends, and legal regulations.

Explanation:

When a company develops a strategic plan, management is setting the business direction of the company. This means setting up a long term plan for the company to follow, but strategic plans cannot be fixed.

Strategic planning must always be an ongoing and fluid process, since markets are not static, nor your competitors will just sit around waiting for you to decide what to do. Your competition will constantly try to find ways to increase their market and lower yours, so you must respond accordingly.

In this case, Disney last year launched their own online service and that is going to be tough for Netflix, but if it isn't Disney, ti would be some other company.

4 0
2 years ago
Read 2 more answers
Microsoft and a smaller rival often have to select from one of two competing technologies, A and B. The rival always prefers to
Mrrafil [7]

Answer:

True

Explanation:

Microsoft matrix along with his rivals. There are two ways to use the technology. Microsoft and its rival can move simultaneously. The equilibrium strategy can be determined y pay off matrix. The both companies use pure strategy. The criteria for pure strategy is max-min and min-max. The max-min strategy means select least case from all the best cases and min-max is selecting the best case from all the least cases.

4 0
2 years ago
As operations manager, you are concerned about being able to meet sales requirements in the coming months. You have just been gi
sineoko [7]

Answer:

The average of the monthly productivity figure is  1.51 units per machine hour

Explanation:

For computing the average of the monthly productivity, first we have to compute the total hours, and then units per machine hours

So, the formula to compute the total hours equals to

=  Hours per machine × Number of machines

For JAN = 307 × 4 = 1,228 hours

For FEB = 186 × 6 = 1,116 hours

For MAR = 382 × 5 =  1,910 hours

For APR = 307 × 6 = 1,842 hours

Now, the units per machine hours equals to

= Units produced ÷ total hours

For JAN = 2,175 units  ÷ 1,228 hours = 1.77

For FEB = 2,175 units  ÷ 1,116 hours = 1.94

For MAR = 2,175 units  ÷ 1,910 hours = 1.13

For APR = 2,175 units  ÷ 1,842 hours = 1.18

Now, the average of the monthly productivity equals to

= ( 1.77 + 1.94 + 1.13 + 1.18) ÷ 4

= 1.51 units per machine hour

7 0
2 years ago
Imagine that you are holding 7,000 shares of stock, currently selling at $70 per share. You are ready to sell the shares but wou
Readme [11.4K]

Answer:

Consider the following calculations

Explanation:

Number of Shares held = 7000

Current Price = $ 70

Portfolio Value = 7000 * 70 = 490,000

If continued to hold the shares

Portfolio value at $ 57 = 7000 * 57 = 399,000

Portfolio Value at $ 77 = 7000 * 77 = 539,000

If implemented collar strategy - Selling a call option and buying a put option

Call option

Strike Price = 75

Price of the option = $ 2

Put Option

Strike Price = 65

Price of the option = $ 4

Amount received on sale of Call option = 7000 * 2 = 14,000

Amount paid on buying a put option = 7000 * 4 = 28,000

Value of the Portfolio = 7000 * 70 + 14000 – 28000 = 490,000 +14000 – 28000 = 476,000

If the stock price in January is 57

As the strike price 75 is higher than the current market price of 57, the call option buyer will allow the option to expire

As the strike price of 65 is higher than the current price of 57, the investor will utilise the put option

Profit from Put option can be obtained by buying shares from market and selling the same under the put option

Profit from put option =7000 * (65-57) = 7000 * 8 = 56000

Value of the portfolio   = Holding Value at current price + premium received – premium paid+ profit from put option

                                        = 7000 * 57 + 14000 – 28000 + 56000

                                       = 399000 + 14000 – 28000 + 56000

                                       = 441,000

If the stock price in January is 70

As the strike price 75 is higher than the market price of 70, the call option buyer will allow the option to expire

As the strike price of 65 is lower than market price of 70, the invest will allow the put option to expire

Portfolio Value = Holding value at current market price + premium received – premium paid

                            = 7000 * 70 + 14000 – 28000

                           = 490000 + 14000 – 28000 = 476,000

If the market price in January is 77

As the strike price of 75 is lower than market price of 77, the buyer of call option will enforce the call option

Loss from call option = 7000 * (77-75) = 7000 * 2 = 14000

As the strike price of 65 is lower than market price of 77, the investor will allow the put option to expire

Portfolio Value = Holding value at current market price + premium received – premium paid – loss on call option

Portfolio value = 7000 * 77 + 14000 – 28000 – 14000

                           = 539000 + 14000 – 28000 – 14000

                           = 511,000

Download xlsx
4 0
2 years ago
The variety of Riverside Ranger logo T-shirts includes 12 different designs. Setup between designs takes one hour (and $18,000),
cluponka [151]

Answer:

The production exhibit both scope economics and scale economics. They are not mutually exclusive.

Explanation:

Looking at the scenario critically, we will clearly see the tendency of a scope economics. Scope economics basically hinges on getting a competitive advantage, essentially because of producing in large quantities and numbers. Riverside Ranger logo T-shirts exhibits this as it produce its products in large numbers, producing 1000 pieces of a particular design in 1 hour.

In same breath, we also have the scale economics exhibited by the organization. Taking a deeper look at the cost representation, we will see that the average cost tend to reduce as the production increases. Thus, an economic of scale is achieved here by leveraging on the mass and swift production style of Riverside Rangers logo T-shirts.

7 0
2 years ago
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