Corporate governance refers to the set of policies, procedures, and processes that regulate a corporation or organization's behaviour.
The purpose of corporate governance is to ensure that the company's goals are achieved in a responsible and transparent manner. The public sector can also benefit from good corporate governance practices. It ensures that all government departments are accountable, transparent, and efficient in their operations. This will result in a more effective and successful public sector. Below are some benefits of corporate governance in the public sector:
Increased accountability: Corporate governance promotes accountability, which is critical in the public sector. It helps to ensure that all government departments are transparent and responsible for their actions. This way, public officials are held accountable for their actions, decisions, and policies.
Improved efficiency: The public sector can also benefit from good corporate governance practices. It ensures that government departments are operating efficiently and effectively, resulting in cost savings and increased productivity. It helps to ensure that government resources are being used efficiently and that the public sector is delivering services in the most cost-effective manner.
Reduced corruption: Corporate governance can also help reduce corruption in the public sector. It ensures that government officials and departments are transparent in their operations, and they are held accountable for their actions. This way, there are fewer opportunities for corrupt practices.
Corporate governance refers to a set of policies, procedures, and processes that regulate a corporation or organisation's behaviour. Corporate governance is essential for ensuring that the company's goals are achieved in a responsible and transparent manner. The public sector can also benefit from good corporate governance practices. This way, public officials are held accountable for their actions, decisions, and policies.
Corporate governance can also help reduce corruption in the public sector. It ensures that government officials and departments are transparent in their operations, and they are held accountable for their actions. This way, there are fewer opportunities for corrupt practices.
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according to us gaas, when the auditor of the group financial statements is assuming responsibility for the work of component auditors, for components that are not significant components, the group engagement team should perform
According to US GAAS, when the auditor of the group financial statements is assuming responsibility for the work of component auditors for components that are not significant components, the group engagement team should perform the following steps: Evaluate the component auditors' professional competence and independence.
What are the steps performed by auditors team?The steps which the group engagement team should perform include:
Evaluate the component auditors' professional competence and independence.
Communicate with component auditors to establish a clear understanding of their responsibilities and expectations. Review the audit plans and programs prepared by component auditors to ensure that they adequately address the risks associated with the components.
Review the work performed by component auditors, including key audit documentation, to assess the quality and sufficiency of the audit evidence obtained. Evaluate the impact of the component auditors' work on the overall conclusions of the group financial statements and the group audit opinion.
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What is the relationship between consumers and producers in economics?
Answer:
the consumers create demand for goods and services when prices are high consumers buy less. when prices are lower consumers buy more. producers make and sell what the consumers want.
Explanation:
hope this helps :)
At what point does an idea-driven enterprise run into problems and At what point does a market-driven enterprise run into problems?
Idea-driven businesses face unique challenges during growth. ... Their innovation is born from a deep desire to change the way people think about ... to shed light on the different stages of idea-driven business and what problems each stage ...
Idea-driven firms confront particular difficulties as they expand. Their creativity is the result of a strong desire to alter how people think, to shine a light on the many stages of the idea-driven company, and the issues that each level faces.
What is firm?A firm is a for-profit business entity that offers professional services, such as a corporation, limited liability company (LLC), or partnership. Most businesses only have one location. On the other hand, a business company is made up of one or more physical locations that are all owned by the same person and have the same EIN (EIN).
The term "firm," when used in a title, is frequently connected to companies that offer expert legal and accounting services, but it may also refer to a wide range of companies, including consulting, marketing, and graphic design firms, among others.
The name of the company is often used for commercial purposes, but the level of legal protection—for owners or employees—depends on the ownership structure that was used to establish the company. Corporations, for example, offer a higher level of legal protection than other forms of organizations. The idea of a mature company with a strong foundation already exists.
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its the mickey mouse slaughterhouse u come inside ur bloods inside
Answer:
I think the answer is D I'm pretty sure that's what I put
Explanation:
because why not
Which of these factors is most likely to lead to an increase in wages?
the formation of a labor union
a government with a budget surplus
the use of an assembly line
outsourcing and offshoring
Answer:
the formation of a labor union
Explanation:
Labor unions are often formed for this purpose. Workers have more power when they join together in a union. This way they are able to demand higher wages and other things like better working conditions.
indiana instruments sells handheld communication devices for $75 during august as a back-to-school special. the normal selling price is $125. the standard variable cost for each device is $95. sales for august had been budgeted for 400 units nationwide; however, due to the slowdown in the economy, sales were only 300. the sales volume variance is:
Due to the slowdown in the economy, sales were only 300. the sales volume variance is $12,500 U.
=(AP - BP) x AQ
=($75 - $125) x 300
=$15,000 U
Sales volume variance
=(AQ - BQ) x BP
=(300 - 400) x $125
=$12,500 U
An economic system encompasses all of the activities associated with the manufacturing, consumption, and alternative of goods and offerings in an entity, whether the entity is a kingdom or a small town. No economies are equal. every is fashioned according to its own assets, tradition, legal guidelines, history, and geography.
A distinguished instance of an economy is the conventional economy that encompasses the customs and records of a kingdom to guide the production and distribution of goods. conventional economies are frequently based on agriculture, fishing, and searching. financial structures can be categorized into four fundamental kinds: traditional economies, command economies, mixed economies, and marketplace economies.Learn more about the economy here: https://brainly.com/question/17996535
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Hilton Corp. has revenues of $1,214,800, costs of $816,355, and pays a tax rate of 32 percent. If the firm pays out 50 percent of its earnings as dividends every year, what is the amount of retained earnings
Answer:
its $133,471.30
Explanation:
The reason that interest rate risk is greater for ____ term bonds than for ____ term bonds is that the change in rates has a greater effect on the present value of the ____ than on the present value of the ___
The reason that interest rate risk is greater for long-term bonds than for short-term bonds is that the change in rates has a greater effect on the present value of the Par Value than on the present value of the Coupon.
What is a Long-term Bond?Long-term bonds are investments that span a maturity term of at least 10 years and up to 30 years.
They usually pay a higher interest rate than the short-term bonds which span between a year and three years.
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Assuming there are no leakages out of the banking system, a money multiplier equal to 5 means that: ANSWER Unselected each additional dollar of reserves creates $5 of deposits. Unselected each additional dollar of deposits creates $5 of reserves. Unselected an additional $5 of reserves creates one dollar of deposits. Unselected I DON'T KNOW YET
Answer:
each additional dollar of reserves creates $5 of deposits.
Explanation:
Money multiplier = amount deposited / reserve requirement
Increase in the total value of checkable deposit is determined by the money multiplier
True or false: the operations manager is involved primarily with supply network design.
The activities director is very familiar with a few sorts of plan: procedure, design, job design, supply network design, and organizational design.
In supply chain management, what role does the operations manager play?Supply Chain Management The operations manager is in charge of managing the process of the supply chain by controlling inventory management, the production process, sales, distribution, and locating suppliers who can supply the necessary goods at fair prices.
In terms of operations management, what is network design?The process of building and modeling a supply chain to better understand the costs and time involved in bringing goods to market with the resources and locations available is known as supply chain network design.
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A supplier is entering into a contract with a manufacturer to deliver a machine in no later than 8 weeks from now. Due to uncertainty in availability of parts for the machine, the supplier is not sure when it will be able to deliver the machine. Also, when the machine is delivered, there is a chance that the manufacturer will judge it as being of inferior quality. The supplier estimates the probability distribution of the time it takes to deliver the machine is given as below.
Independently of this the company estimates that the probability of rejection due to inferior quality 0.15. If the machine is delivered at a least a week ahead of time and the manufacturer judges the quality to be inferior, the supplier will have time to fix the problem (with certainty) and still meet the deadline. However, if the delivery is late, or if it is exactly on time but of inferior quality, the manufacturer will not pay up.
The supplier expects the cost of manufacturing the machine to be $45,000. This is a sunk cost that will be incurred regardless of the timing or the quality of the machine. The supplier also estimates that the cost to fix an inferior machine depends on the number of weeks left to fix it: $7500 if there are three weeks left, $10,000 if there are two weeks left, and $15,000 if there is one week left. The manufacturer will pay $70,000 for a machine of sufficient quality delivered on time, but it will pay nothing otherwise.
Find the distribution of profit or loss for the supplier. Then find the mean and standard deviation of this distribution. Do you think the supplier should sign the contract?
Based on the analysis, the distribution of profit or loss for the supplier is highly uncertain. However, the expected profit is negative, indicating a potential loss. Considering the risks involved and the estimated mean and standard deviation of the profit distribution, it would be advisable for the supplier not to sign the contract.
To determine the distribution of profit or loss for the supplier, we need to consider various factors. First, we have the uncertainty in the delivery time of the machine, represented by a probability distribution. The supplier's estimation of this distribution indicates that there is no guarantee the machine will be delivered within the desired timeframe.
Next, we have the probability of the manufacturer rejecting the machine due to inferior quality, which is estimated at 0.15. If the machine is delivered at least a week ahead of time and judged as inferior, the supplier can fix it within the remaining time and still meet the deadline. However, if the delivery is late or on time but of inferior quality, the manufacturer will not pay.
Considering these factors, the supplier's profit or loss will depend on the following scenarios: (1) early delivery and judged as inferior (2) early delivery and judged as sufficient quality (3) late delivery or on-time delivery with inferior quality.
In scenario (1), the supplier can fix the machine, incurring an additional cost based on the number of weeks left to fix it. In scenario (2), the supplier receives the payment from the manufacturer. However, in scenario (3), the supplier incurs a loss as no payment is received.
By considering the probabilities and associated costs, we can calculate the expected profit or loss for each scenario and combine them using the probability distribution of the delivery time.
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ian gonna need these so here
Answer:
hi
Explanation:
why is bargain shopping an important part of a healthy financial plan?
Bargain shopping an important part of a healthy financial plan because it save our money from wastage.
Shopping for bargains is part of a healthy financial plan because it makes your hard-earned money go further because most of the seller used to sell their product for the price more than the actual cost .
Something that is a bargain is good value for money, usually because it has been sold at a lower price than normal.
something that is bought or sold for a price which is lower than the actual value : something bought or sold at a good price. For that price, the suit is a (real) bargain.
A bargain is a type of discount that customers love most as they can give out the payment range that they really want. It is only a small amount subtracted from the original price, so customers seem to be super happy with bargained items.
A financial plan example of possible goals might include the following: Pay off your credit card debts. Create a budget that you can live with. Save an emergency fund of three to six months' worth of your income.
A good financial plan contains seven key components:
Budgeting and taxes.
Managing liquidity, or ready access to cash.
Financing large purchases.
Managing your risk.
Investing your money.
Planning for retirement and the transfer of your wealth.
Communication and record keeping.
Financial planning involves looking at a client's entire financial picture and advising them on how to achieve their short- and long-term financial goals.
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diane jacobs is a student studying economics and currently working on her class schedule for next semester. when she considers taking another economics course and how to meet prerequisites for future economics courses, she is acknowledging dependencies that exist
a. between markets
b. between people or businesses in the same market
c. trough time
d. between her own choices
She is acknowledging the dependencies that have existed throughout time as she considers whether or not to enroll in yet another economics course .
What Is Economic Dependency?One of the concepts in economics is dependency, which refers to the relationship between economic actors and economic expansion as well as between economic and non-economic factors. Additionally, this idea can be utilized to comprehend upcoming events. We can see in the illustration provided in the preceding question that Diane is enrolling in economics courses with the intention of completing the prerequisites for subsequent economics courses. As a result, Diane is aware that dependencies persist over time.
Diane Jacobs, a student majoring in economics, is planning her schedule for the upcoming semester. She is acknowledging the dependencies that have existed throughout time as she considers whether or not to enroll in yet another economics course and how to fulfill the prerequisites for subsequent economics courses.
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A traditional store selling products
An expense that is the same amount each month.
Fixed Expense
Variable Expense
Monthly Expense
Answer:
Fixed Expense
Explanation:
Demographic transition is linked to what four stages of economic development? Preindustrial societies, Postindustrial societies, Demographic societies, Postdemographic societies Malthusian societies, Preindustrial societies, Demographic societies, Postindustrialization Preindustrial societies, Early industrialization, Advanced industrialization and urbanization, Postindustrialization low birth rate, low death rate, high birth rate, high death rate All of these
The four stages of economic development linked to demographic transition are Pre-industrial societies, Early industrialization, Advanced industrialization and urbanization, and post-industrialization.
The concept of demographic transition refers to the historical shift from high birth and death rates to low birth and death rates as a result of economic and social development. This transition is typically observed in societies as they progress through different stages of economic development.
The correct answer is Pre-industrial societies, Early industrialization, Advanced industrialization and urbanization, and post-industrialization. These stages reflect the sequence of economic development and societal changes that accompany the demographic transition process.
Preindustrial societies are characterized by high birth and death rates due to limited resources and a lack of technological advancements. Early industrialization marks the beginning of economic growth and urbanization, leading to a gradual decline in death rates while birth rates remain high. Advanced industrialization and urbanization continue this trend, with both birth and death rates decreasing. Finally, Postindustrialization represents a highly developed and urbanized society with low birth and death rates.
Therefore, the four stages of economic development linked to demographic transition are Pre-industrial societies, Early industrialization, Advanced industrialization and urbanization, and post-industrialization.
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Discuss the rationale of organizing an industrial strike in resolving employees dispute with the state, focusing on the detrimental effects strikes has on various stakeholders in an economy
Answer:
Strike action occurs when a group of
people or union suspend their working activities in order to make their displeasure known about certain factors which may include their working conditions. Strikes help in making sure there are changes and adjustments most of the time.
The workers on strike halt all types of production which leads to very little or no productivity at that moment in time. This translates to loss/debt being accrued as long as the strike is still ongoing.
individual employees, even those in supervisory or managerial positions, are personally liable under title vii.question 4 options:truefalse
True. Content loaded individual employees, including those in supervisory or managerial positions, can be held personally liable under Title VII of the Civil Rights Act of 1964 for any discriminatory actions or behaviors.
It is important for all employees to understand and comply with the laws and regulations regarding discrimination and harassment in the workplace.
Regarding individual employees, even those in supervisory or managerial positions, being personally liable under Title VII, the answer is: True. Title VII of the Civil Rights Act of 1964 prohibits discrimination in employment based on race, color, religion, sex, or national origin. It applies not only to employers but also to individual employees in supervisory or managerial positions, making them personally liable for any discriminatory actions they take.
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High quality LMX is related to Group of answer choices increased job satisfaction. reduced organizational commitment. higher turnover. effort in building good relationships.
High quality LMX is related to the D. effort in building good relationships.
What is High quality LMX?It should be noted that High quality LMX describes the positive and healthy relationship between the managers and their employees.
Therefore, it can be deduced that a high quality LMX is related to the effort in building good relationships.
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A corporation distributes a 10 percent common stock dividend on 30,000 shares issued when the market value of it's common stock is $24 per share and its par value is $2 per share. On the distribution date, a credit _ would be journalized
Answer:6,000
Explanation:
I just took the test
PLEASE HELP!!!
Money going out of a business is called _BLANK_.
A. income
B. expenses
Answer:
Expenses
Explanation:
Define direct advertising
Answer:
Explanation:
Direct marketing is a form of communicating an offer, where organizations communicate directly to a pre-selected customer and supply a method for a direct response. Among practitioners, it is also known as direct response marketing. By contrast, advertising is of a mass-message nature.
To effectively prioritize client needs during an interdisciplinary conference, what qualities by the team are required
The qualities needed are the establishment of team goals, in addition to cohesion, leadership and developed communication.
What are the characteristics of an effective team?For a sales team, it is essential that the customer's needs are prioritized, for this it is important to have an integrated team, where communication is the strong point, providing a high quality service.
Therefore, it is essential that the team focus on achieving objectives and goals through integration, direction and communication.
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briefly describe the term factor market
Answer:
is a term economists use for all of the resources that businesses use to purchase, rent, or hire what they need in order to produce goods or services.
Explanation:
We've Come a Long Way From Where We Began
Answer:
oh ill tell you all about it when i see you again
Explanation:
what is the name of the microscopic filtering units inside the kidney?
Nephrons are the word for the tiny filtering components found inside the kidney. The functional units of the kidney are called nephrons.
And they are in charge of creating urine, filtering waste materials and extra fluid from the circulation, and controlling the concentration of different substances in the body. Approximately one million nephrons make up each kidney. Each nephron is made up of the glomerulus, which filters the fluid, and the tubule, which transports the filtered fluid and creates urine. The body's water, electrolyte, and other substance balance is maintained by the nephrons, which are also vital for controlling blood pressure, pH, and the concentration of different molecules.
Blood pressure is the force that the moving blood applies to the blood vessel walls. Systolic and diastolic blood pressure are commonly given as two figures and are expressed in millimetres of mercury (mmHg). When the heart beats and pumps blood out, the blood pressure in the arteries is said to be systolic. When the heart is relaxed and filled with blood, it is said to be diastolic.
An essential physiological measure, blood pressure is controlled by the body's neurological and endocrine systems. Both ensuring sufficient blood flow to the organs and tissues and avoiding blood vessel injury are essential.
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What does improved technology do to the demand for given factors of production?
The combination of inputs needed in the production process changes as technology advances. An advancement in technology typically results in the requirement of fewer and/or less expensive inputs. Lower production costs mean higher profits at a given price, which encourages companies to create more.
In order to do this, technology, like money, serves as a catalyst for the factors of production. When technology is incorporated into a labor- or capital-intensive operation, it becomes more effective. For instance, using robots in manufacturing could increase output and productivity. The supply curve moves to the right as a result of increased production process efficiency brought on by technology. More and more customers as production costs fall.
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Which of the following is a function performed by market prices?
a. Market prices communicate information to buyers and sellers.
b. Market prices coordinate the decisions of buyers and sellers.
c. Market prices motivate entrepreneurs to produce those products that are currently most desired relative to their costs of production.
d. All of the above are functions performed by market prices.
Following are the functions performed by market prices a. Market prices communicate information to buyers and sellers; b. Market prices coordinate the decisions of buyers and sellers; c. Market prices motivate entrepreneurs to produce those products that are currently most desired relative to their costs of production. The correct answer is d. All of the above are functions performed by market prices.
Market prices play a crucial role in the functioning of a market economy. Firstly, market prices serve as a means of communication, conveying information to both buyers and sellers regarding the value, availability, and desirability of goods and services. They provide important signals about supply and demand conditions, enabling participants to make informed decisions.
Secondly, market prices help to coordinate the actions of buyers and sellers. When prices adjust based on the interaction of supply and demand, they incentivize buyers to purchase goods and sellers to produce and offer goods for sale. This coordination ensures that resources are allocated efficiently and that goods and services are distributed in accordance with consumer preferences.
Therefore, market prices not only communicate information but also facilitate coordination and motivate entrepreneurial activities. They are a fundamental mechanism in market economies for allocating resources and promoting economic efficiency.
The correct answer is d.
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Which best describes inserting a table using the Table Gallery?
The user can click on Insert Table.
There are many options on how to include a table.
The user can make a quick selection of the number of rows and columns present.
The user can click to use an Excel spreadsheet.
Answer:
2
Explanation: