2. Section 228 of the Companies Act 2016 (s.228 CA2016) is intended to prevent assetstripping by way of disposal of a company's assets at an undervalue, or acquisition of assets by the company at an overvalue. The type of transactions under the Bursa Malaysia Listing Requirement (BMLR) are also wider in scope than s.228, CA2016. TYT Berhad (TYT), a listed issuer, intends to acquire from specified persons a noncash asset of a requisite value. As the company secretary of TYT: (a) Explain who are the specified persons. Elaborate in detail on the composition of such persons to which CA2016 and BMLR apply. (30 marks) (b) Discuss types of transactions that are considered "exempted transactions" as provided in CA2016.
Answers
(a) The specified persons are the persons who hold a minimum of 5% equity interest in TYT or persons connected to them, or any person who is the director, major shareholder, or subsidiary of TYT.
The persons who hold a minimum of 5% equity interest in TYT or persons connected to them, or any person who is the director, major shareholder, or subsidiary of TYT are known as the specified persons to which CA2016 and BMLR apply.
They are also known as the person or parties who are interested in the transaction in question. These persons are required to disclose any interest they have in the transaction, and they are also required to abstain from voting on any resolution relating to the transaction that they are interested in.
The specified persons can be classified as a related parties to TYT, and any transaction involving them must comply with the relevant provisions of CA2016 and BMLR. They are also required to observe the rules of disclosure of interest set out in CA2016 and BMLR.
The composition of such persons to which CA2016 and BMLR apply include all the parties who hold equity interest in TYT, persons who have any interest or connection with the specified persons, directors, major shareholders, and subsidiaries of TYT.
(b) The types of transactions that are considered "exempted transactions" as provided in CA2016 are as follows:
1. A transaction entered into by the company in the ordinary course of its business, which does not have a significant impact on the company's assets, business, or prospects.
2.A transaction that is entered into by the company, which involves the acquisition of shares or assets from a person who is not a related party of the company.
3. A transaction that is approved by the company's shareholders at a general meeting, where the transaction is entered into with a related party of the company, and the transaction is entered into on an arm's length basis.
4. A transaction that is entered into by the company with a related party of the company, and the transaction is entered into on an arm's length basis, and it is approved by the company's audit committee.
5. A transaction entered into by the company with a related party of the company, and the transaction is entered into on an arm's length basis, and it is approved by the company's board of directors.
6. A transaction entered into by the company with a related party of the company, and the transaction is entered into on an arm's length basis, and it is approved by the company's shareholders at a general meeting.
For more questions on: shareholder
https://brainly.com/question/28452798
#SPJ8
Related Questions
Assuming the balance of cash on january 1, 2024, equals $5,400, calculate the balance of cash on december 31, 2024
Answers
Calculating the balance of cash on December 31, 2024, requires an understanding of the factors that affect cash inflows and outflows during the year.
Revenues and Expenses: The revenue generated by a business and the expenses incurred during the year can impact the cash balance. If revenues are greater than expenses, then the business will have a positive cash flow, whereas if expenses are greater than revenues, then the business will have a negative cash flow.
Capital Expenditures: Capital expenditures refer to investments in long-term assets such as property, plant, and equipment. These investments can impact the cash balance since they require a cash outflow at the time of purchase.
Financing Activities: Financing activities refer to transactions related to the company's financing, such as issuing stock, paying dividends, or borrowing money. These activities can either increase or decrease the cash balance depending on whether the company is raising money or making payments.
Given that the starting cash balance is $5,400 on January 1, 2024, it is necessary to consider the above factors to determine the balance of cash on December 31, 2024. Let's assume that the business generates $200,000 in revenue and incurs $150,000 in expenses during the year. The difference between revenue and expenses, which is $50,000, is referred to as net income. Assuming the business has no capital expenditures, the net income will be the cash inflow, which means the cash balance will increase by $50,000 to $55,400 on December 31, 2024.
However, if the business had capital expenditures of $30,000, the cash outflow would be $30,000, which would reduce the cash balance to $25,400. Alternatively, if the business borrowed $20,000 during the year, the cash inflow would be $20,000, which would increase the cash balance to $25,400 + $20,000 = $45,400. Finally, if the business paid dividends of $10,000 during the year, the cash outflow would be $10,000, which would reduce the cash balance to $45,400 - $10,000 = $35,400.
In conclusion, the balance of cash on December 31, 2024, is influenced by various factors, including revenues and expenses, capital expenditures, and financing activities. Therefore, to determine the cash balance on a specific date, it is necessary to consider all of these factors and make appropriate adjustments to the starting balance of cash.
learn more about cash inflows here
https://brainly.com/question/10714011
#SPJ4
where does telephone and printing goes in the trial balance
Answers
Answer:
Printing and Stationery expenses are indirect expenses. Therefore, these expenses are shown in expenses side of profit and loss account, so it will be in credit side of trial balance.
Which of the following situations is the demand most likely to be reduced
Answers
Answer:
The higher the price, the higher the producer's profits. Your needs and wants are unlimited. If heavy competition for a product keeps its price low, businesses will be very motivated to offer the product for sale.
How many manufacturing companies are in the north Georgia area
Answers
Answer:in addition to being a right-to-work state, with low unionization rates (2.5%), our quality workforce is one reason why companies in automotive, machinery, and plastics industries are experiencing high job growth. Whether you are looking for engineering talent to further innovation in products or processes, or a skilled labor force to work on the plant floor, Georgia has the existing and future workforce to fulfill your hiring needs. Georgia is home to many companies with a history of innovation that has impacted their.
Top management notices a variation from budget and an investigation of the difference reveals that the department manager could not be expected to have controlled the variation. Which of the following statements is applicable? Department managers should be credited for favorable variances even if they are beyond their control. Department managers should only be held accountable for controllable variances for their departments. Department managers' performances should not be evaluated based on actual results to budgeted results. Department managers should be held accountable for all variances from budgets for their departments.
Answers
Department managers should only be held accountable for controllable variances for their departments.
When there is a variation from budget, it is important to investigate the cause of the difference. In this scenario, it has been determined that the department manager could not have controlled the variance. Therefore, it would not be fair to hold them accountable for something that was beyond their control. However, it is still important to hold them accountable for controllable variances that they could have prevented or managed.
In order to evaluate department manager performance accurately, it is necessary to distinguish between controllable and uncontrollable variances. Department managers should be credited for favorable variances that are beyond their control, but they should be held accountable for all controllable variances for their departments.
To know more about managers, visit;
https://brainly.com/question/24708179
#SPJ11
In which year did gross national product first exceed $11 trillion?
a. 2002
b. 2003
c. 2004
d. 2005
Answers
Answer:
2003
Explanation:
Just took Quiz this was correct
caccamise company is expected to maintain a constant 6 percent growth rate in its dividends indefinitely. the company has a dividend yield of 7.8 percent. what is the required return on the company's stock? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers
The required return on a stock can be calculated using the dividend discount model (DDM). The DDM formula is:
Required Return = Dividend Yield + Dividend Growth Rate
In this case, we are given that the company, Caccamise Company, has a constant 6 percent growth rate in its dividends and a dividend yield of 7.8 percent. To find the required return on the company's stock, we can substitute the given values into the DDM formula:
Required Return = 7.8% + 6%
Required Return = 13.8%
Therefore, the required return on Caccamise Company's stock is 13.8%.
Please note that this calculation assumes that the dividend growth rate and dividend yield remain constant indefinitely. It's important to consider other factors and conduct further analysis when making investment decisions.
To know more about stock Visit:
https://brainly.com/question/31940696
#SPJ11
Please Help!!!!!!!!!!!!! Watch the Video and Answer the Question!
Briefly describe in your own words the history of Capitalism and Socialism. How and where did each of these systems start? Describe how each system works. Use evidence from the video to support your answer.
Capitalism and Socialism: Crash Course World History #33:
Answers
Answer:
WHAT VIDEO
Explanation:
Answer:
uhm there is no video lol send a link and maybe i can help! :)
Explanation:
Explain the types of accounts
Answers
Answer:
Hi there!
For accounting treatment , accounts are broadly classified into three types as personal account , real account and nominal account or fictitious account. They are as follows:
Personal accountThe account which is related with a person or organization ( entity ), is termed as personal account. Here person means natural persons like Anna , Olivia , James etc and organization represents the artificial persons created by law. The rule for debit and credit for personal accounts is ;
Debit : The receiver
Credit : The giver
Real accountThe account which is related with assets or property is known as real account. Land and building , plant and machinery, and furniture and fixtures are the examples of the real account. Properties or assets are either incoming or outgoing from the organization. The rule for real account is ;
Debit : What comes in
Credit : What goes out
Nominal accountThe account which is related to expenses or loss and income or gain is known as nominal account. Rent , wages , salary , discount , interest and commission are the examples of nominal account. The rule of nominal account is;
Debit : the expenses or losses
Credit : the income or gains
Hope this helps..
Best regards!!
Explanation:
3 Different types of accounts in accounting are Real, Personal, and Nominal Account. Real account is then classified into two subcategories – Intangible real account, Tangible real account. Also, three different sub-types of Personal account are Natural, Representative, and Artificial.
PERSONAL ACCOUNT:
These accounts types are related to persons. These persons may be natural persons like Tom’s account, Sam’s account, etc.
These persons can also be artificial persons like partnership firms, companies, bodies corporate, an association of persons, etc.
There can be personal representative accounts as well.
Rule for this Account
Debit the receiver. Credit the Giver.REAL ACCOUNT:
These account types are related to assets or properties. They are further classified as Tangible real account and Intangible real accounts.
1.Tangible Real Accounts
These include assets that have a physical existence and can be touched. For example – Building A/c, cash A/c, stationery A/c, inventory A/c, etc.
2.Intangible Real Accounts
These assets do not have any physical existence and cannot be touched. However, these can be measured in terms of money and have value. For Example – Goodwill, Patent, Copyright, Trademark, etc.
Real Account Rules
Debit what comes into the business. Credit what goes out of business.NOMINAL ACCOUNT:
These accounts types are related to income or gains and expenses or losses. For example: – Rent A/c, commission received A/c, salary A/c, wages A/c, conveyance A/c, etc.
Rules
Debit all the expenses and losses of the business. Credit the incomes and gains of business.There are some other accounts in accounting as well:
Cash Account – This account is used for keeping the records of payments done by cash, withdrawals, and deposits.
Income Account – The Purpose of this account is to keep the record of the income sources of business.
Expense Account – This account tracks the expenditure of the business.
Liabilities – If there is any debt or loan then that amount comes under liabilities.
Equities – If there is an investment of the account owner or common stocks, retained earnings then these will fall under equities.
What is the best way to define a civic issue?
Answers
A civic issues is one that rotates around local area concerns or potentially citizenship incorporation/rejection. A civic issue might include government, yet there's no need to focus on government except for about a local area's collaboration with government.
As I utilize the term, civics or civic issues is more about friendly human associations than civil help. Community residents commonly act whether they are in the city, in the forest, in space, or any place.
Individuals are the most mindful species and have created language by which to further develop associations for common, exhaustive wellbeing and security constantly. Occupants decide to either take part in community improvement or in plummet. There will continuously be a requirement for common and criminal regulation.
The urban resident considers, teams up, and interfaces with make individual joy with metro trustworthiness. In city respectability, the singular guides improvement of value under legal equity, a receptive flawlessness of composed policing. Any kind of future's family will set the norms.
Know more about Civic Issues - https://brainly.com/question/28000431
#SPJ4
How do economic growth, full employment, price stability, and inflation indicate a nation’s economic health?
Answers
Answer:
Kindly check explanation
Explanation:
The state of a nation's economy is usually evaluatwd based on certain metrics which relating to the well being of its citizens, behavior of its market, finances and resources. Those metrics may include ; level or rate of inflation, employment level, level of economic growth or decline and many others. A healthy economy is one In which economic factors are in a positive state and hence its positive effects is left by the citizens in ways including the increased level of production which economically fights inflation and also helps achieve stability in terms of prices of products and commodities. Reduction in level of unemployment and increased full time jobs. Generally, a healthy nation should experience a robust economic growth and improvement.
What is an organisation chart
Answers
Answer:
An organizational chart is a diagram that visually conveys a company's internal structure by detailing the roles, responsibilities, and relationships between individuals within an entity.
Explanation:
Walmart can achieve a _____ using its relationships with suppliers to create an advantage that, ultimately, allows it to give customers low prices and good customer service.
Answers
Answer:
cost leadership/competitive advantage
What are the primary reasons why businesses should establish health and safety policies? Check all that apply.
to help maintain productivity
to protect the welfare of workers
to prevent the need for labor unions
to help maintain morale in the workplace
to improve the goods and services produced
to reduce costs for workers' compensation insurance
please respond quickly. EDGE2021
Answers
Answer: To help maintain productivity, to protect the welfare of workers, to help maintain the morale of the workplace, to reduce the cost for workers’ compensation insurance
Explanation: I just completed the assignment
The primary reason, Businesses should establish health and safety policies were to help maintain productivity.
What is Business?An innovative company or group that engages in professional activities is referred to as a business. They could be industrial, commercial, or something else. Businesses that are for-profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
The health and safety policies help businesses: Prevent workplace injuries and illnesses. Improve compliance with laws and regulations. Reduce costs, including significant reductions in workers' compensation premiums.
The Research shows that workers are more productive in workplaces that are committed to health and safety. Reducing downtime caused by illness and accidents means less disruption.
Therefore, Thus option (A) is correct.
Learn more about the business here:
https://brainly.com/question/15826771
#SPJ2
Visit museums or art galleries and you may live longer by Katie Hunt Visit museums or art galleries and you may live longer, new research suggests A trip to the theater, museum or art gallery could help you live longer. And the more often you get that culture fix the better, a new study suggests. Researchers from University College London (UCI) found that people who engaged in the arts more frequently -- every few months or more - had a 31% lower risk of dying early when compared to those who didn't. Even going to the theater or museum once or twice a year was linked with a 14% lower risk. They looked at data given by more than 6,000 adults in England age 50 years and older, who were taking part in a wider study on aging. "While other health behaviors like smoking, alcohol and exercise are undoubtedly bigger predictors of mortality, these leisure and pleasure activities that people don't think as a health related activity do support good health and longevity, said Daisy Fancourt, an associate professor at UCL's Research Department of Behavioural Science and Health, and an author of the study, published Wednesday in the BMI journal. How often an individual engaged in art activities, which also included exhibitions, concerts and opera but not cinema, was measured at the start of the study in 2004 to 2005. Participants were then followed up for an average of 12 years, during which time deaths were recorded using data from the UK's National Health Service (NHS)
based on the article, it can be determined that _____ is a factor that explains part of the association between museum attendance and health.
Answers
From the article, we can conclude that attendance and health are factors that partially explain the relationship between museum attendance and health Visiting Museums and Art Galleries May Help You Live Longer by Katie Hunt Visiting theaters, museums, or art galleries may help you live longer.
And new research suggests that the more often the culture is modified, the better the results. Researchers at University College London (UCI) found that a person who engaged in the arts more often (every few months or more) had a 31% lower risk of dying prematurely than those who did not. . Even going to the theater or museum once or twice a year reduced his risk by 14%. They looked at data from more than 6,000 adults aged 50 and over in the UK who were participating in a larger study on aging. “journal BMI, measured how often people engaged in artistic activities such as exhibitions, concerts and operas at the start of the study, but the study did No movies belonged 2004-2005. Participants were then followed for an average of 12 years, during which deaths were recorded using UK National Health Service data.
For more information on exhibitions see:
https://brainly.com/question/19689448
#SPJ4
1. The right merchandise
We sell only quality products
2. In the right place
Our merchandise is carefully placed for optimum sales
3. At the right time
For seasonal items, we want to be in early and out early
4. In the right quantity
We have a rapid turnover of inventory
5. In the right condition
We sell only high-quality goods
6. At the right price
We sell items for as little as we can
Answers
Any activity that aids in the selling of goods to a retail customer is known as merchandising.
In a retail setting, merchandising is the process of creatively exhibiting objects that are for sale in order to persuade buyers to buy additional items or products.
Product quality describes how effectively a product fulfils industry standards, satisfies client demands, and accomplishes its intended function. Businesses examine a number of important elements when assessing the quality of a product, such as whether it solves a problem, functions well, or serves consumers' needs.
The price at which a seller may earn the most is referred to as the ideal pricing. In other words, the price at which the seller makes the most money overall.
To know more about merchandising visit :
https://brainly.com/question/27046371
#SPJ4
In the 1870s, a major system of ______ began appearing across texas.
Answers
In the 1870s, a major system of railroads began appearing across Texas.
This development was important because it allowed for easier transportation of goods and people across the state, which in turn helped to spur economic growth and development. Additionally, the expansion of the railroad system in Texas helped to connect the state to other parts of the country, making it easier for businesses to operate and for people to travel.
In summary, the Texas railroad system was a factor that allowed the region's own development in different contexts, especially in the economic one.
See more about system of railroads at https://brainly.com/question/28928005.
#SPJ11
1. Answer the following questions. 2. Submit the complete worksheet in the assignment submission box on Blackboard 1. Request air availability on June 02, 2022 from Nain, Newfoundland to St. John's, Newfoundland departing around 10:00 am a. _____________ What airline's offers service between these two cities? b. _____________ Is the fight that departs at 10:35 between Nain Newfoundland and St. John's, Newfoundland a
i. Non-Stop Flight (a fight with no intermediate stops, and the same flight number and aircraft) ii. Direct Flight (a fight with intermediate stop(s), and the same fight number and aircraft) iii. Connecting Flight (a fight with intermediate stop(s), and a change of flight number and aircraft) iv. Change-of-Gauge (a connecting fight with intermediate stop(s) and the same fight number, but with a change of aircraft type)
Answers
a. The airline's offers service between these cities is Air Canada, Provincial Airlines, and Pascan Aviation. b. The flight thar departs at 10:35 between Nain Newfoundland and St. John's, Newfoundland is ii. Direct Flight (a fight with intermediate stop(s), and the same fight number and aircraft)
a. The airlines that offer services between Nain, Newfoundland, and St. John's, Newfoundland are Air Canada, Provincial Airlines, and Pascan Aviation.
b. Is the fight that departs at 10:35 between Nain, Newfoundland and St. John's, Newfoundlandai. Non-Stop Flight (a fight with no intermediate stops, and the same flight number and aircraft)
ii. Direct Flight (a fight with intermediate stop(s), and the same flight number and aircraft)
iii. Connecting Flight (a fight with intermediate stop(s), and a change of flight number and aircraft)
iv. Change-of-Gauge (a connecting fight with intermediate stop(s) and the same flight number, but with a change of aircraft type)
A flight departing at 10:35 am between Nain, Newfoundland and St. John's, Newfoundland is a Direct Flight (a fight with intermediate stop(s), and the same flight number and aircraft).
Therefore, the correct answer is option ii. Direct Flight (a fight with intermediate stop(s), and the same flight number and aircraft).
Learn more about airlines here: https://brainly.com/question/30427781
#SPJ11
What type of economy is the South African economy?
Answers
Answer:South Africa has a mixed economy in which there is a variety of private freedom, combined with centralized economic planning and government regulation.
Explanation:
Answer:
South Africa has a mixed economy in which there is a variety of private freedom, combined with centralized economic planning and government regulation.
Explanation:
No Explanations
PLEASE HELP!! I WILL GIVE BRAINLIEST!!!
Your manager has been asked to speak to a community group about an upcoming development project that will be demolishing an old mall and building a mixed-use space with apartments, retail, and office space—a topic that has created some controversy in the community. She’s asked for your help in putting together her presentation. Do you think that a live or virtual presentation would be most effective? Why? What types of multimedia elements do you think would be most engaging? Why?
Answers
Answer:
use both the photos to help with the anwer it cut the photo so you have to go back and forth for the anwer
How much debt do people
typically have? This Data
Crunch compares the debt
held by different
generations. Follow the
directions on the worksheet
to complete this activity.
Answers
Answer:
Explanation:
MATH: The Cost of Minimum Payments
In this activity, students will be able to:
Calculate the interest accrued when paying minimum payments.
Explore how different monthly payment amounts will impact the total interest paid and balance remaining after 5 months on a $5000 debt with 25% APR.
Reflect on the additional interest costs associated with only paying the minimum payment on a credit card balance.
Which of the following statements is not correct?
a. A patent is a way for the government to encourage the production of a good with technology spillovers.
b. A tax is a way for the government to reduce the production of a good with a negative externality.
c. A tax that accurately reflects social costs produces the socially optimal outcome.
d. Government policies cannot improve upon private market outcomes.
Answers
The statement that is not correct among the following is Government policies cannot improve upon private market outcomes is option d.
A patent is a legal framework that provides an inventor with exclusive rights to manufacture, use, and sell an invention for a specified period, typically 20 years. A patent is a way for the government to encourage the production of a good with technology spillovers.A tax is a financial penalty levied by the government on the production, sale, or consumption of a commodity. A tax is a way for the government to reduce the production of a good with a negative externality.A socially optimal outcome is when the marginal social cost is equal to the marginal social benefit. This situation ensures that society's resources are allocated in the most effective manner possible.An externality is an unintended consequence of economic activity. The costs or benefits of economic activity are incurred by people other than the individuals or businesses engaging in the activity. It is, therefore, a cost or benefit that is not directly reflected in the market price of a good or service. The statement that is not correct among the following is Government policies cannot improve upon private market outcomes.Therefore, the correct option is d. Government policies cannot improve upon private market outcomes.Learn more about patent: https://brainly.com/question/16137832
#SPJ11
What is a small file deposited on a hard drive by a website containing information about customers?
Answers
A small file deposited on a hard drive by a website containing information about customers and their web activities is called cookies.
Cookies allow websites to record the comings and goings of customers, usually without their knowledge or consent. It is a small text file that a website can place on your computer's hard drive in order to collect information about your activities on the site.
Cookies improve your browsing experience by allowing sites in order to remember your preferences or by letting you avoid signing in each time when you visit certain websites.
Hence, cookies are small pieces of text sent to your browser by a website you visit.
To learn more about cookies here:
https://brainly.com/question/27960855
#SPJ4
Susan Sleugh earns $89,079 annually. Income tax is charged using the following information: 1.11% on on first $45225 of taxable income 2.13% on next $83989( over $ 45225 upto $129.214) 3. 15% on $129.214 Calculate the annual income tax payable.
Answers
Susan Sleugh earns $89,079 annually. Income tax is charged using the following information: 1.11% on the first $45225 of taxable income, 2.13% on the next $83989( over $ 45225 up to $129.214), and 15% on $129.214. Susan Sleugh's total tax payable is $-3526.60.
For income below $45225, the rate of tax is 1.11%. Therefore the amount of tax that Susan has to pay for the income below $45225 is:1.11/100 × 45225 = $501.28
Next, for the next $83989( over $ 45225 up to $129.214) the rate of tax is 2.13%. Therefore, the amount of tax that Susan has to pay for this amount is 2.13/100 × 83989 = $1791.27Now, for the amount above $129.214, the rate of tax is 15%.
Therefore, the amount of tax that Susan has to pay for the amount above $129.214 is:15/100 × (89079 - 129214) = -$5829.15. Hence, her total tax payable for the year is Total tax payable = $501.28 + $1791.27 - $5829.15= -$3526.60. Susan Sleugh's total tax payable is $-3526.60.
Learn more about income tax: https://brainly.com/question/30157668
#SPJ11
II- True or False: (1/2 pt of each)
1) Because of globalization, companies rarely need to customize marketing, strategies, product features and operating practices in different countries. F
2) Learned motives are those motives that a customer acquires or learns from the environment.
3) Future wants of the customer should be analyzed before identifying the segments.
4) Market segmentation facilitates the proper choice of the target market./
5) Most global markets currently are markets for consumer products.
Answers
The statement '' . Globalization often requires companies to adapt their marketing strategies, product features and operating practices to different countries in order to adapt to local cultures, preferences, regulations and market conditions. is false because these motivations are not innate but are developed over time through exposure to different stimuli and interactions with the surrounding environment.
The statement '' Learning motivations are the motivations that customers acquire or learn from their environment through socialization, cultural influences, personal experience, etc. '' is true because socialization plays an important role in shaping an individual's motivation to learn from interactions with family, friends, colleagues, and society at large.
The statemen'' Future customer demands are uncertain and cannot be analyzed directly. However, you can study your customers' needs, preferences, and trends to make informed predictions about future demands. '' is false because Indeed, future customer requirements are uncertain and cannot be analyzed with certainty. However, businesses can use different strategies to research their customers' needs and preferences.
The statement '' Market segmentation helps identify different customer groups with specific needs and characteristics, resulting in increased market penetration and customer satisfaction.'' is true because By understanding and targeting these segments, companies can more effectively align their marketing efforts, products and services,
The statement '' Consumer goods have a strong presence in the global market, but it is not accurate to say that most global markets are exclusively consumer goods service industry, technology and healthcare is false because the global market includes a wide range of industries such as B2B.
To know more about goods service industry visit :
https://brainly.com/question/31580357
#SPJ4
Please post detailed answers to the following questions. Please use complete sentences.
You may have noticed that honesty and ethics are important in finance and business careers. Why is this so important?
Answers
Answer:
see below
Explanation:
Ethics are a set of regulations and that guide people's behaviors. They are a set of generally accepted behavior in society. Ethics in business refers to the deliberate efforts to do the right thing.
Honesty and ethics are important in finance and business careers due to the following reasons
Asset Protection and AssuranceFinance and business professionals deal with sensitive information. They have access to financial records, accounting records, and personal shareholders and employees' records. Honesty and integrity are essential to ensure that the reports they present are accurate and reliable.
The majority of fraudulent activities originate from finance and business departments. Having employees of high integrity in those units will help protect business assets and assure the reliability of financial data.
2. Public Image and Brand Value Increases
Honest and ethical workers add to the goods reputation of a company. Business partners and customers will feel more confident transactions with the company. The company's brand image and value increase in the eyes of the public.
3. Team Work develops:
Honest workers have a relatively easy time working with others. Teamwork increases when employees work responsibly and as expected.
One criticism of both the product cost percentage and contribution margin methods used for determining menu prices is that both are based primarily on the cost of food (or beverages) and ignore the cost of labor. In many foodservice operations, however, the cost of labor equals or even exceeds the cost of food and beverages. Do you foresee the cost of labor playing an increasing role in the calculation of menu prices? Explain your answer.
Answers
Yes, As the cost of labour continues to increase, it is likely that it will play an increasing role in determining menu prices is the answer.
The pr
oduct cost percentage and contribution margin methods are two methods used for determining menu prices. However, one criticism of these methods is that they ignore the cost of labour. In many food service operations, the cost of labor is equal to or exceeds the cost of food and beverages. In this context, it is important to note that the cost of labour is an integral part of determining menu prices. The cost of labor is a key driver of food service operations. As such, it is likely to play an increasing role in the calculation of menu prices in the future. The cost of labor includes wages and salaries, employee benefits, and payroll taxes. These costs are essential for running a food service operation and need to be accounted for in the menu pricing process. Failure to account for the cost of labour can lead to inaccurate menu prices and lower profitability for the operation. In conclusion, it is important to consider the cost of labor in the menu pricing process. As the cost of labour continues to increase, it is likely that it will play an increasing role in determining menu prices.
know more about product cost
https://brainly.com/question/30270797
#SPJ11
The ricardian model focuses on how differences in _________ influence international trade patterns.
Answers
The Ricardian model focuses on how differences in comparative advantage influence international trade patterns.
According to the model, countries specialize in producing goods or services in which they have a comparative advantage which means they can produce those goods at a lower opportunity cost compared to other countries.
The model assumes that countries differ in their productivity levels or technology that resulting in varying comparative advantages.
The Ricardian model emphasizes the importance of specialization and comparative advantage as key drivers of international trade.
To know more about Ricardian model here,
https://brainly.com/question/30811258
#SPJ4
What is a legal framework that sets guidelines for the collection and processing of personal information of individuals within the European Union?Multiple ChoiceRule 41General Data Protection Regulation (GDPR)the right to be forgottenfair information practices
Answers
The General Data Protection Regulation (GDPR) seems to be a body of law that establishes standards for the gathering and handling of personal data about persons in the European Union.
What European Union means?The European Union seems to be a special collaboration between 27 member states of the European Union. Collectively, they encircle a sizable portion of Europe. Almost 447 million people, or about 6% of the world's population, reside in the EU.
Does India belong to the European Union?The 1994 EU-India Cooperation Agreement governs cooperation between European Union or the Republic of India. India's trading relationship with the EU is substantial, and since 2007, the two countries have been trying to establish a free trade agreement.
To know more about European Union visit :
https://brainly.com/question/29972361
#SPJ1
The Complete Question :
What is a legal framework that sets guidelines for the collection and processing of personal information of individuals within the European Union? Multiple Choice Rule 41
A. General Data Protection Regulation (GDPR)
B. the right to be forgotten fair information practices.
Which of the following statements is true?
A. The World Trade Organization tries to determine who to blame in
trade disputes.
B. The World Trade Organization is only concerned with trade among
industrialized countries.
C. The World Trade Organization tries to improve trading prospects
for developing countries.
D. The World Trade Organization eventually resolves all trade
disputes successfully
SUBMIT
Answers
Answer:
C. The World Trade Organization tries to improve trading prospects
The World Trade Organization tries to improve trading prospects out of the following statements is true. The correct option is C. When countries agree to open their markets for products or services in the WTO, their commitments are "bound."
What value does the WTO bring to developing countries?The WTO accords contain various provisions that grant developing and least-developed countries unique rights or extra leniency – "special and differential treatment." Among these are provisions that allow developed countries to treat developing countries more favorably than other WTO members.
The World Trade Organization runs the global trade rules system and assists developing countries in increasing their trade capability. It also provides a venue for its members to negotiate trade agreements and resolve trade disputes with one another.
Thus, the ideal selection is option C.
Learn more about The World Trade Organization here:
https://brainly.com/question/13650479
#SPJ2