Given the company's focus on minimizing income tax payments rather than maximizing income, the auditor would be most concerned about verifying the management assertion of completeness with regard to sales revenue.
The management assertion of completeness relates to ensuring that all sales revenue transactions, including those that may be omitted or understated, are recorded and presented in the financial statements. In this case, where the company's priority is to minimize income tax payments rather than maximizing income, there may be a higher risk of management intentionally omitting or understating sales revenue to reduce taxable income.
The auditor would need to pay close attention to the completeness of sales revenue and ensure that all relevant transactions are appropriately recorded and disclosed. This may involve performing detailed tests, such as reconciling sales records with supporting documentation, verifying the accuracy of sales invoices, and reviewing the company's revenue recognition policies and procedures.
By focusing on verifying the completeness assertion, the auditor aims to address the potential risk of unrecorded or understated sales revenue that could impact the accuracy and fairness of the financial statements.
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State, define, and explain at least three principles of New Public Management (by comparing with the principles of the so-called old-fashion Weberian type of organization).
b) Please comment on the possible responses of a government organization that applies new public management approach (applies the principles of NPM) to fight against the COVID pandemic? How would they deliver public services, and by whom
A government organization applying New Public Management (NPM) principles to combat COVID would prioritize decentralization, performance-based management, and customer orientation. They would deliver public services by involving stakeholders, using technology, setting targets, and prioritizing citizen satisfaction.
Three principles of New Public Management (NPM) can be contrasted with the principles of the traditional Weberian type of organization:
1. Decentralization: NPM emphasizes decentralization, shifting power and decision-making authority to lower levels of the organization. This is in contrast to the Weberian model, which is characterized by a hierarchical and centralized structure.
Decentralization enables greater flexibility, responsiveness, and accountability in public organizations.
2. Performance-based management: NPM promotes performance-based management, focusing on results and outcomes rather than processes and inputs.
It encourages the use of performance indicators, targets, and benchmarking to evaluate and improve the efficiency and effectiveness of public services.
In contrast, the Weberian model emphasizes adherence to rules and procedures, often overlooking performance measures.
3. Customer orientation: NPM emphasizes a customer-centric approach, emphasizing responsiveness to citizens' needs and preferences. It encourages public organizations to adopt market-like mechanisms to deliver services efficiently and effectively.
In contrast, the Weberian model is more bureaucratic and focused on the internal workings of the organization, with less consideration for citizen satisfaction and preferences.
In response to the COVID pandemic, a government organization applying the principles of NPM would likely strive for agility and efficiency. They would adopt a customer-oriented approach by prioritizing public health and safety.
The organization would establish clear performance targets and indicators to monitor the progress and effectiveness of their interventions.
They may employ digital platforms, data analytics, and technology-driven solutions to enhance service delivery and communication with the public.
The organization would involve various stakeholders, including healthcare professionals, experts, and community leaders, to ensure a collaborative and inclusive response.
Additionally, the organization might establish partnerships with private entities or non-profit organizations to leverage their resources and expertise.
Through these measures, the government organization would aim to deliver timely and effective public services, such as testing, contact tracing, vaccination campaigns, and public awareness programs, to combat the COVID pandemic and protect the well-being of the population.
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im response to a lack of qualified nurses in the area a state government has funded a campaign to increase the number of high school graduates interested in nursing careers. if successful the campaign would
If successful this campaign to increase the number of students interested in nursing would shift the labor supply curve to the right.
This is because there would be an increase in nursing employment and also reduce the lack of nurses in the area.
The question says that the campaign was due to the fact that there were shortages in the number of qualified nurses in the area.
Now a success in this campaign implies that the need for qualified nurses has been taken care of. There would be a lot of eligible nurses now.
That is there would be more people who are qualified to be employed as nurses. This would lead to an improvement in health in the area.
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In response to a lack of qualified nurses in the area, a state government has funded a campaign to increase the number of high
school graduates interested in nursing careers. If successful, the campaign would (1 point)
A) shift the labor demand curve to the right
B) shift the labor supply curve to the right
C) shift the labor supply curve to the left
D) shift the labor demand curve to the left
Answer: shift the labor supply curve to the right
Explanation: i took the test
Describe the arrangement many parents and students make if the parent decides to take out a Parent PLUS Loan.
I NEED A ANSWER AS QUICKLY AS POSSIBLE I NEED TO TURN IN THIS TODAY
Parents of dependent undergraduates may use Direct PLUS Loans, which are federal loans, to aid with the cost of attending college or a career school. PLUS loans can help pay for educational expenses that other types of financial aid do not cover.
Are parents need to obtain a parental PLUS loan?A PLUS loan request from one parent only needs to be turned down. The student is not qualified for higher Stafford Loan limitations, though, if one parent is refused a PLUS loan while the other is authorized for one.
Is obtaining a parental PLUS loan simple?Although parent PLUS loans have fewer stringent credit standards than student loans from private lenders, your application could still be rejected if you have a poor credit history that will last for longer than a year. contracts for the sale of products worth more than $500.
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High school is referred to as _____ education.
fundamental
secondary
vocational
primary
Answer:
secondary
Explanation:
as 10 class is rrferred to as secondary education
plz folliw me
Answer: High school is referred to as secondary education. :)
this is what i get for missing online lessons haha
Answer:
22.28%
Explanation:
As per the pie chart
Variable costs: £2,150.00
Fixed costs £7,500.00
Total weekly costs = variable costs + fixed costs
= £2,150.00 +£7,500.00
=£9,650
Variable costs as a percentage of weekly costs
= £2,150/£9,650 x 100
=22.279792%
=22.28%
The equation v = -2000t 20,000 describes the value in dollars of a certain model of car after it is t years old. if a car is worth $14,000, find the age of the car. a. 5 years c. 3 years b. 4 years d. 2 years
The equation v = -2000t 20,000 describes the value in dollars of a certain model of a car after it is t years old. if a car is worth $14,000, 3 years is the age of the car.
An equation is a mathematical statement consisting of two expressions joined by an equal sign. For example, 3x – 5 = 16 is an equation. Solving this equation gives the value x = 7 for the variable x.
Linear equations with only one variable are called simple or univariate linear equations. For example, \(3x + 2 = 23,x = 7.2x + 6 = 3x – 4,\). simple equation.
There are two types of equations: identities and constraints. The ID applies to all values of the variable. Constraint expressions apply only to specific values of variables.
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Aja receives the following email:
Dear Valued Credit Card Customer,
We have noticed suspicious activity in your account and have placed a security freeze on it. In order to activate it you will need to follow the link below. Please have your card handy and be prepared to verify personal information.
What action should Aja take?
Answer:
She should not follow the link
Explanation:
Because this is probably not really the credit card company, and they are trying to get personal information out of her.
When reviewing the offering documents for a new issue, the FINRA Corporate Financing Department will only permit a new issue to be sold by a member firm if the offering spread is
The FINRA Corporate Financing Department will only approve a new issue to be offered by a member firm after analyzing the offering documentation for the new issue and determining that the offering spread is reasonable and fair.
What does the finance department do?A business's finance department is the division in charge of procuring and managing all financial resources on the company's behalf. The department oversees income and expenses in addition to ensuring that operations function smoothly with the least amount of disturbance.
How does a financial department operate?Banking, leverage or debt, credit, capital markets, money, investments, and the design and management of financial systems are all included in the field of finance.Micro economic and macroeconomic theories form the foundation of fundamental financial ideas.Why is a company's finance department important?A company's finance department is crucial in monitoring performance and developing answers to vital inquiries concerning risk management and return on investment. There won't be a green light without a profit.
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If I am to leave a place at 12:00 am and it is 9:35 am now, How long until I leave at twelve?
lesley buys 6 cappuccinos per week when her income is $900 per week and buys 8 cappuccinos per week when her income is $1100 per week. for lesley, cappuccinos are a(n) good.
lesley buys 6 cappuccinos per week when her income is $900 per week and buys 8 cappuccinos per week when her income is $1100 per week. for Lesley, cappuccinos are quantity-supplied goods.
A cappuccino is a coffee-based coffee drink that originated in Austria and changed into later popularized in Italy and is prepared with steamed milk foam (microfoam). versions of the drink involve using cream as opposed to milk, the use of non-dairy milk substitutes, and flavoring with cinnamon or chocolate powder. it's miles normally smaller in extent than a caffè latte, with a thicker layer of microfoam.
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Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
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A cash flow statement can help you develop and determine budget categories.
a. True
O b. False
what is the present value of seven $850 cash flows occurring at the end of the next 7 years at a rate of 4.75ompounded annually?
To calculate the present value of the seven $850 cash flows occurring at the end of the next 7 years at a rate of 4.75% compounded annually, we need to use the present value formula, which is: PV = CF / (1 + r)n
Where PV is the present value, CF is the cash flow, r is the interest rate, and n is the number of periods.
In this case, we have 7 cash flows of $850 each, occurring at the end of the next 7 years, which means n = 7. The interest rate is 4.75% compounded annually, which means r = 0.0475.
Using the formula, we can calculate the present value of each cash flow separately and then add them up to get the total present value. Here's how it looks:
PV1 = $850 / (1 + 0.0475)1 = $810.81
PV2 = $850 / (1 + 0.0475)2 = $773.57
PV3 = $850 / (1 + 0.0475)3 = $738.06
PV4 = $850 / (1 + 0.0475)4 = $704.14
PV5 = $850 / (1 + 0.0475)5 = $671.69
PV6 = $850 / (1 + 0.0475)6 = $640.62
PV7 = $850 / (1 + 0.0475)7 = $610.80
Total PV = PV1 + PV2 + PV3 + PV4 + PV5 + PV6 + PV7
Total PV = $810.81 + $773.57 + $738.06 + $704.14 + $671.69 + $640.62 + $610.80
Total PV = $4,349.69
Therefore, the present value of seven $850 cash flows occurring at the end of the next 7 years at a rate of 4.75% compounded annually is $4,349.69.
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Which of the following is a way to introduce fresh ideas into a business? *
10 points
Staff promotion
Internal recruitment
External recruitment
Answer:
Internal recruitment is when the business looks to fill the vacancy from within its existing workforce
External recruitment is when the business looks to fill the vacancy from any suitable applicant outside the business
Of course, the option to use BOTH internal and external recruitment can be used. This is often the case for senior management appointments.
Internal recruitment
Advantages:
Cheaper and quicker to recruit
People already familiar with the business and how it operates
Provides opportunities for promotion with in the business – can be motivating
Business already knows the strengths and weaknesses of candidates
Disadvantages:
Limits the number of potential applicants
No new ideas can be introduced from outside
May cause resentment amongst candidates not appointed
Creates another vacancy which needs to be filled
External recruitment
Advantages:
Outside people bring in new ideas
Larger pool of workers from which to find the best candidate
People have a wider range of experience
Disadvantages:
Longer process
More expensive process due to advertising and interviews required
Selection process may not be effective enough to reveal the best candidate
performs certain future services by obtaining supplies from a foreign country. The auditor is unable to establish whether the contract imposes any financial liability or has any other financial impact on the auditee company. The auditor learns that the auditee company must comply with environmental standards requiring it to monitor various emissions using complex scientific techniques. The amounts of the financial penalties that can be imposed by the government are determined by the nature and extent of non-compliance with these scientific standards. Required: pe issued in each case, based on your analysis.
If the auditee fails to comply with these standards, the auditor may issue a qualified opinion indicating that the financial statements do not reflect the impact of the penalties that may be imposed by the government for non-compliance.
In the given case, the auditor could issue qualified opinion on auditee's financial statements if the following conditions are met:
1. Services from a foreign country: The auditor is unable to establish whether the contract imposes any financial liability or has any other financial impact on the auditee company. In such a case, the auditor should obtain the necessary information from the auditee's management. If management fails to provide the necessary information or is unable to provide sufficient evidence, the auditor must issue a qualified opinion stating that they are unable to obtain sufficient information.
2. Environmental standards: The auditor learns that the auditee company must comply with environmental standards requiring it to monitor various emissions using complex scientific techniques. The amounts of the financial penalties that can be imposed by the government are determined by the nature and extent of non-compliance with these scientific standards.
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Marketing is an activity that creates value for customers, clients, partners, and society at large. A firm does this by ______. (Select three answers) Multiple select question. creating offerings expanding markets delivering offerings segmenting offerings communicating offerings selecting markets
Marketing is an activity that creates value for the people. The firm does this by:
communicating offeringsdelivering offeringscreating offeringsWhat is marketing?This can simply be describe as those sets of activities that people or firms engage in order to promote the buying and the selling of products and services.
The activities includes
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Write any five methods of getting information of foreign employment and discuss any one of them.
Answer:
May it will help you
Explanation:
1) Notice board
2) Book of introduction
3) Institutions work working under the ministry of labour
4) Authority of human resources
5) Manifestos of training institutions
6)Web site
7) Newspapers
8) Public meeting :the manpower company, training institutions and institutions of public counseling are working in the field of foreign employment in nepal.
They come to the direct or indirect contact of people through various programmes of interaction, seminar, and meeting.
9)Radio and television
Foreign employment getting information through Notice board, Book of introduction, Authority of human resources, Web site, and Newspapers.
Who is Foreign employment?
Public meeting: When the manpower company, training institutions, and institutions of public counseling are working in the field of foreign employment in Nepal.
Although, They come to direct or indirect contact with people through various programs of interaction, seminars, and meetings.
Also, Foreign employment getting information through Institutions work working under the ministry of labor, Manifestos of training institutions, Radio, and television
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A factory is considered what type of resource?
land
labor
physical capital
human capital
A factory falls under the category of physical capital, representing tangible assets and infrastructure utilized in the production process. Option C.
Physical capital refers to the tangible assets that are used in the production process to create goods or services. These assets include machinery, equipment, buildings, vehicles, and infrastructure. They are essential resources that contribute to the production capacity and efficiency of a business or organization.
A factory is a prime example of physical capital as it represents a dedicated space or facility equipped with machinery, tools, and equipment designed for manufacturing or production activities. It provides the necessary infrastructure and resources for transforming raw materials into finished products.
Factories typically house specialized equipment and machinery specific to the industry or production process they serve. This physical capital enables businesses to carry out mass production, streamline operations, and achieve economies of scale.
Physical capital is an important factor of production alongside other resources such as land, labor, and human capital. It plays a crucial role in enhancing productivity, output, and overall economic growth.
Effective management and investment in physical capital can lead to improved efficiency, cost reduction, and technological advancements in production processes.
In summary, a factory is categorized as physical capital, representing the tangible assets and infrastructure used in the production process. So Option C is correct.
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mr. and mrs. williams hope to send their son to college in fourteen years. how much money should they invest now at an interest rate of 9.5% per year, compounded continuously, in order to be able to contribute $8500 to his education?
Answer:
$11305
Explanation:
Formula; Principal x Rate x Time
P; 8500 R; 9.5% T; 14
Equation; 8500 x 9.5% x 14
Final Answer; 8500 x 9.5% x 14 = $11305
Your friend decided to run for congress during the upcoming elections. She gathered 300 contributions of at least $5 and was given a grant from the state to use in the campaign. Her campaign is characteristic of.
Your friend decided to run for congress during the upcoming elections. She gathered 300 contributions of at least $5 and was given a grant from the state to use in the campaign. Her campaign is characteristic of: Federal Election Commission.
The Model Code of Conduct comes into force immediately on the announcement of the election schedule by the commission for the necessity of ensuring free and fair elections. Its main purpose is to confirm that campaign ruling parties, at the middle and within the States, don't misuse their position of advantage to achieve an unfair edge.
Prohibits any funds for political donation accounts from being solicited, received, directed, transferred, or spent campaign within the name of national political parties, Federal candidates or officials, or by joint fundraising activities by two or more party committees.
The committee has the right to permit symbols to the political parties. By voting, citizens are participating within the campaign democratic process. Citizens vote for leaders to represent them and their ideas, and also the leaders support the citizens' interests. There are many issues associated with global politics, and a few of those are associated with domestic politics.
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Through transformational leadership, employees can receive greater ________ from their membership in the organization
Through transformational leadership, employees can receive greater satisfaction from their membership in the organization.
Transformational leadership is a leadership style that inspires and motivates subordinates to realize their full potential and exceed their own expectations. This type of leadership involves creating a vision for the organization and direction, and empowering employees.
Transformational leaders are known for their ability to create a positive organizational culture that values employee development, growth, and happiness. They encourage open communication, collaboration, and a sense of community within the organization.
By providing employees with greater satisfaction, transformational leadership can lead to a range of positive outcomes, including increased motivation, productivity, and performance.
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Alison’s company has asked her to create a presentation to her colleagues about the new electronic calendar they will be using. What three features should Alison highlight when she introduces this tool that can help increase productivity? (3+ sentences)
Remove the personal dialogue and formalize the statement.
Which of the following describes how the writing process is divided into three stages?Three stages can be identified in the writing process: there are three stages to writing: planning, drafting, and editing and proofreading at the end.
Which of the following is the finest illustration of bias-free writing?Avoiding terms or phrases that unfairly and even unethically label or stigmatize people based on their gender, race, ethnicity, age, handicap, or other personal traits is a key component of bias-free language.
Which of the following statements most accurately sums up the value of creating an outline?An outline helps writers keep track of the organization of their thoughts and subject.
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Why is responsible service of alcohol important for both staff and the customer?
An essential step in preventing not just driving but also all other -related accidents and is the responsible serving of by on-site establishments. People's judgment deteriorates as they get .
It in lowering the possibility of related issues developing on or near licensed properties. A variety of are used in responsible service to stop people from getting . It might be as easy as providing free food and , or it can include adding more security staff. a solid reputation, more customer , less property damage, fewer possible legal issues, less police calls, stronger employee morale, which results in increased productivity, and lower staff turnover. trained in the Responsible Service of (RSA) program work with licensees to ensure that guests at their licensed establishment appropriately and are not given if they are too .
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a brokerage that practices primarily single agency but will work under dual agency if an in-house transaction scenario comes along, would not be considered what?
A brokerage that primarily practices a single agency but is willing to work under a dual agency in certain scenarios, such as an in-house transaction, would be considered a hybrid brokerage.
Hybrid brokerages, as the name suggests, combine elements of both single agency and dual agency.
Single agency means that the brokerage represents only one party in a transaction, either the buyer or the seller. In this arrangement, the brokerage has a fiduciary duty to act in the best interests of their client and advocate for them throughout the transaction.
Dual agency, on the other hand, means that the brokerage represents both the buyer and the seller in the same transaction. This can create a conflict of interest, as the brokerage is no longer able to fully advocate for either party's best interests.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
advantages and disadvantages of signing an online petition
The advantages of submitting an online petition are more convenient and more extensive. They are available to a wider audience and are easy to sign up for.
Online petitions can be misused if signatories don't use real names, undermining their legitimacy.
What is an online petition?An online petition (also known as an Internet petition or e-petition) is a type of petition that is signed online, typically using a form on a website. Visitors to the online petition sign it by providing information such as their name and email address.
When there are enough signatures, the resulting letter is normally transmitted to the subject of the petition through e-mail. Each time the petition is signed, the online petition may also send an email to the petition's target.
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Nico bought 100 shares of Cisco Systems stock for $24.00 per share on January 1, 2002. He received a dividend of $2.00 per share at the end of 2002 and $3.00 per share at the end of 2003. At the end of 2004, Nico collected a dividend of $4.00 per share and sold his stock for $18.00 per share. What was Nico's realized return during the three year holding period? What was Nico's compound annual rate of
Answer:
12.5%
Explanation:
It is given that :
Nico bought shares from Cisco Systems = 100 shares
The stock of 100 shares on 1st Jan 2002 = $ 24 per share
At the end of 2002, Nico received a dividend = $ 2 per share
At the end of 2003, Nico received a dividend = $ 3 per share
At the end of 2004, Nico received a dividend = $ 4 per share
Nico sold his stock = $ 18 per share
Therefore,
The holding period \($=\frac{(\text{dividend + end value - initial value })}{\text{initial value}}$\)
\($=\frac{(\$2+\$3+\$4)+\$18-\$24}{\$ \ 24}$\)
\($= 12.5 \%$\)
stagflation—a period of rising unemployment coupled with rising prices—could most easily result from a(n):
Stagflation, a period characterized by both rising unemployment and rising prices, can most easily result from a supply-side shock in the economy. inflationary pressures, and a weakened labor market.
Supply-side shocks disrupt the production and supply of goods and services, leading to a decrease in aggregate supply. This can be caused by factors such as a sudden increase in the price of key inputs like oil, natural disasters, or disruptions in global supply chains. When the supply of goods and services decreases, prices tend to rise. Simultaneously, the decrease in production and economic activity can lead to higher unemployment rates. Stagflation poses significant challenges for policymakers as it combines stagnant economic growth, inflationary pressures, and a weakened labor market.
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henderson construction managers provide design and construction management services for various commercial construction projects. senior managers are trying to apply cost driver concepts to their firm to better understand henderson's costs. classify each of the following actions or decisions as structural, organizational, or activity cost drivers. (a) the decision to be a regional leader in computer-assisted design services. structural organizational activity (b) the decision to allow staff architects to follow a specific project through to completion. structural organizational activity (c) the daily process of inspecting the progress on various construction projects. structural organizational activity (d) the process of conducting extensive client interviews to assess the exact needs for henderson services. structural organizational activity (e) the decision to expand the market area by establishing an office in another state. structural organizational activity (f) the decision to use only henderson staff rather than relying on subcontractors. structural organizational activity (g) the process of receiving approval from government authorities along with appropriate permits for each project. structural organizational activity (h) the decision to organize the workforce into project teams. structural organizational activity (i) the decision to build a new headquarters facility with areas for design and administration as well as storage and maintenance of construction equipment. structural organizational activity (j) the process of grading building sites and preparing forms for foundations. structural organizational activity check previoussave answersnext
a. The dec-ision to be a regional lead-er in computer -assisted design ser-vices is structural action. b. The decision to all-ow staff architects to follow a specific pro-ject through to comp-letion is organizational decision.
c. The daily process of inspect-ing the progress on various constr-uction projects. - organizational decision.
d. the process of conduct-ing extensive client inter-views to assess the exact needs for Hender-son services. - activity
(e) the decision to exp-and the market area by estab-lishing an office in an-other state. organizational
(f) the deci-sion to use only Hender-son staff rather than relying on sub-contractors. organizational
(g) the process of receiv-ing approval from govern-ment authorities along with appro-priate permits for each pro-ject. structural
(h) the decision to organ-ize the work-force into project teams. activity
(i) the decision to build a new head-quarters facility with areas for design and administ-ration as well as storage and main-tenance of construction equip-ment. organizational
(j) the pro-cess of grading build-ing sites and preparing forms for found-ations. Activity.
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Is a business plan a one time fee?
Answer:
i think so :)
Explanation: