The functions and the management roles within the context of the strategic partnership between Geely and Proton include Planning and Organizing
The function of management refers to the activities and tasks performed by managers to achieve organizational goals and objectives. It includes planning, organizing, leading, and controlling, which are essential for effective management. Let's discuss each of these functions and the management roles within the context of the strategic partnership between Geely and Proton.
Planning: Planning involves setting objectives, determining strategies, and developing action plans to achieve those objectives. In the partnership between Geely and Proton, planning plays a crucial role in defining their shared goals and identifying the strategies and actions required to enhance their collaboration. For example, they may plan to leverage Geely's expertise in electric vehicles to develop and market new electric car models under the Proton brand.Organizing: Organizing involves arranging resources, tasks, and people to achieve the planned objectives. In the partnership, organizing is essential to ensure effective coordination and collaboration between Geely and Proton. This includes structuring their joint operations, establishing reporting lines, and assigning responsibilities. For instance, they may create cross-functional teams comprising members from both companies to work on joint projects.Leading: Leading involves inspiring and guiding employees towards the accomplishment of organizational goals. In the partnership, effective leadership is crucial to foster a collaborative and productive relationship between Geely and Proton. Leaders from both organizations must inspire their teams, facilitate communication, and motivate employees to contribute their best. They may organize joint leadership workshops or exchange programs to promote mutual understanding and cooperation.Controlling: Controlling involves monitoring performance, comparing it with goals, and taking corrective actions as needed. In the partnership, controlling is important to ensure that the joint efforts are on track and delivering desired outcomes. Regular performance reviews, shared metrics, and joint decision-making processes help in controlling and aligning activities. For example, they may implement joint project management tools and regular performance evaluation meetings to monitor progress and make necessary adjustments.In addition to these management functions, it is important to consider the management roles within the partnership. Management roles include informational, interpersonal, and decisional roles. For instance, managers in Geely and Proton may act as disseminators of information, sharing market insights and technological advancements with their teams. They may also play the role of negotiators, representing their respective companies in strategic discussions and decision-making processes.
Overall, effective management functions and roles are essential for the success of the strategic partnership between Geely and Proton. By implementing strong planning, organizing, leading, and controlling practices, along with appropriate management roles, the partnership can maximize its potential, leverage synergies, and achieve strategic objectives in the competitive automotive industry.
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Functional hypothalamic amenorrhea is a condition characterized by the interrelated factors of _________.
The functional hypothalamic amenorrhea is a condition characterized by the interrelated factors of energy deficit, menstrual dysfunction and loss of bone mineral density.
What is a functional hypothalamic amenorrhea?This refers to a medical condition that is characterized by dysfunction of the hypothalamic- pituitary-ovarian axis causing anovulation and the absence of menses without the presence of other organic disease.
Hence, it is related to profound impairment of reproductive functions including anovulation and infertility. The female health in this disorder is disturbed in several aspects including the skeletal system, cardiovascular system, and mental problems.
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george and ringo met at law school and decide to start a small law practice after graduation. they agree to split revenues and expenses evenly. the most common form of business organization for a business such as this would be a
George and Ringo met at law school and choose to begin a little regulation practice after graduation. they consent to equitably divide incomes and costs. the most well-known type of business association for a business like this would be a partnership. option (A) is correct.
A partnership is a type of business where at least two individuals share possession, as well as the obligation regarding dealing with the organization and the pay or misfortunes the business creates.
The understanding turns into the premise of the connection between the accomplices. It isn't required that such an arrangement is written down. An oral understanding is similarly legitimate.
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This question is not complete , Here I am attaching the complete question:
George and ringo met at law school and decide to start a small law practice after graduation. they agree to split revenues and expenses evenly. the most common form of business organization for a business such as this would be a ________
(A) partnership.
(B) HUF
(C) economic entity
(D) Limited liability partnerships
Within his company, Vernon has set up a system with inputs, outputs, transformation processes, and feedback. He utilizes a management style that varies according to the individual and environmental situation, with a strategy for minimizing errors by managing each stage of production. Vernon is utilizing a ________ perspective. Group of answer choices
Answer:
contemporary
Explanation:
Since in the question it is mentioned that the vernon has set up the system having an input, output, etc also the management style should be changed as per the individual & environmental situation so here he applied the contemporary perspective for minimizing the errors so that the wastage could be reduced and helps in attaining the objectives in an efficient manner
How do I pay taxes once I turn 18?
Answer:
ask your mother
Explanation:
ask your mother:)
3. Which of the following is NOT an example of a violation of professional ethics?
Coming to a school activity after participating in happy hour with colleagues is not an example of a violation of professional ethics.
What is professional ethics?Professional ethics encompass the personal and corporate standards of behaviour expected of professionals. The word professionalism originally applied to vows of a religious order. By no later than the year 1675, the term had seen secular application and was applied to the three learned professions, they are divinity, law, and medicine. The term professionalism was also used for the military profession around this same time.
Professionals and those working in acknowledged professions exercise specialist knowledge and skill. The use of this knowledge should be governed when providing a service to the public can be considered a moral issue and is termed professional ethics. It is capable of making judgments, applying its skills, and reaching informed decisions in situations that the general public cannot because they have not attained the necessary knowledge and skills.
One of the earliest examples of professional ethics is the Hippocratic oath to which medical doctors still adhere to this day.
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how can formal business documnets help managers solve problems
Managers can fix problems by providing clear, precise information about them.
Who is the managers?A manager is someone who is in charge of managing or monitoring the business. He or she is an acting leader who helps set objectives and allocate responsibilities. He or she also exemplifies specific leadership traits that support the efficient running of the business.
The manager will be assisted in evaluating the situation and providing complete information by the formal business document.
They will be better able to handle the problem as a result. In addition, these documents will give them the precise information that the manager would need.
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Sasha owns a business which produces office furniture. She employs 100 workers in the operations department and 15 workers in the office. Sasha believe on a democratic leadership style. Sasha says that being a good manager is very important to the success of the business. Very few workers leaves each year. Sasha sees no need for any of her workers to join a trade union.
1) Outline Two roles/functions sasha undertakes as the manager of the
business.(4)
2) Explain two reasons why having good managers is important to this
business. (6)
3) Do you think Sasha is right to say that her workers do not need to join a trade union? Justify you answer. (6)
As per the given statement:
First:
Examining the company's budgets and finding the most profitable business.The promotion and employment of new managers for the organization.Second:
The business is running smoothly.They frequently collaborate with influential investors.Third:
In this case, I believe Sasha is correct.What is the function of such an operations department?An operations department guarantees that the production process is accomplished from beginning to end. These manufacturing methods must be consistent with the aims and functions of those other departments within a corporation.
1). Two roles/functions Sasha undertakes as the manager of the business.1. As the owner, one of Sasha's primary responsibilities is to analyze the company's budgets and determine whether or not it is profitable. Another task for Sasha is to oversee the promotion and hiring of new managers for the organization. Sasha must be certain that those directly below her are capable of completing their jobs appropriately.
2). The two reasons why having good managers is important to this business.2. Having strong managers is vital for a business for two reasons: (1) they are in responsible of ensuring that everything in the firm functions properly, and (2) they frequently work with major clients whose money the company will undoubtedly require.
3). I think Sasha is right to say that her workers do not need to join a trade union.3. In this circumstance, I believe Sasha is correct in stating that her employees do not need to join a trade union. Sasha's company is handled in a democratic manner, which means her employees have a lot of say in company decisions. Joining a union isn't essential when employees already have so much power within the organization.
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At a local grocery store, they sell a Visa card that has a prepaid amount on it. People can use this card anywhere, but it cannot be used for more than its prepaid value. Which type of card is this?
A.
a debit card
B.
a smart card
C.
a stored value card
D.
a retail credit card
The type of the card is a Retail Credit card. Hence the option (D) is the correct one.
What is the function of retail credit cards work?For retail credit cards, an image You can potentially obtain benefits at some retail establishments if you have a retail store credit card.
Decide if you want a card that restricts the retailers with which you may earn rewards or one that enables you to earn rewards for regular purchases. Benefits could consist of privileged access to funding, exclusive deals, discounts, and awards.
For instance, paying in whole for a motorcycle costing $10,000 would be excessive for a buyer.
Consumer will receive a $10,000 loan from retail credit institutions, which will be repaid with interest over a period of time in the form of monthly installments.
Hence the correct option is (D).
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Popularity increases a product’s
A. price
B. utility
C. life cycle
D. trial period
Answer:
life cycle
Explanation:
When a product has been popularized with adverts, people will know d product and will wanna try it out.Once this happens,the product will still be in existence prolonging the life cycle
Erica decides to spend $50 on a ticket to a concert with friends instead of buying a new pair of jeans. What is the opportunity cost other decision?
A. the benefit of having a new pair of jeans
B. the benefit of going out with her friends
C. the $50 Erica spent on the ticket
D. the enjoyment of going to the concert
Answer:
The benefit of having a new pair of jeans
Explanation:
Answer:
The benefit of having a new pair of jeans
Explanation:
Terry Hamilton has just received $22,000 from an uncle who died and is trying to decide how to invest it. She has done some research and has decided that about 30% of the money should go into large cap stocks, 20% into medium cap stocks, 15% into small cap stocks, 10% into bonds, 10% into foreign stock, and 15% into cash. She thinks that even if one area does not do that well, the rest will so that her overall return will be pretty good. Terry is demonstrating an understanding of what aspect of investing
Answer:
diversification
Explanation:
Diversification is generally considered not putting all your eggs in one single basket. In other words, by diversifying her investment portfolio, if one basket breaks, only one or a couple of eggs will break. This means that if one company doesn't perform well, the performance of the other companies should offset any losses.
Fiscal Policy - Discovering Data The accompanying graph plots the growth of general government debt for the following countries • United States - France • Italy • Greece • Germany • United Kingdom United Kingdomc. Rank the countries from the largest to smallest increase in government debt from 2007 to 2015
Fiscal policy affects the economy through taxation and spending. The fiscal policy usually boosts growth and reduces poverty. During the global economic crisis, governments supported banking systems, boosted growth, and protected vulnerable groups through fiscal policy.
The Group of 20 industrial and emerging market countries announced “unprecedented and concerted fiscal expansion” in their April 2009 London communiqué.
Fiscal policy has fluctuated in importance. Before 1930, laissez-faire ruled. After the stock market crash and Great Depression, officials called for government intervention in the economy. After the global financial crisis threatened global recession, many governments reverted to a more active fiscal policy.
Policymakers use monetary and fiscal policy to influence the economy. Interest rates, bank reserve requirements, and the purchase and sale of government assets and foreign currencies by central banks indirectly target activity. Governments affect the economy by changing taxes, spending, and borrowing.
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Under what circumstances is a taxpayer required to use a calendar year tax period?a. If the taxpayer does not keep books or accounting records.b. If the taxpayer just opened a new business.c. If the taxpayer has a tax year of less than 12 months.d. If the taxpayer receives reporting documents such as Forms W-2 and 1099.
A taxpayer is required to use a calendar year tax period if their tax year is the calendar year, or if they do not have a valid business purpose for using a fiscal year. However, there are certain circumstances where a taxpayer may be required to use a calendar year tax period regardless of their business purpose. One such circumstance is if the taxpayer receives reporting documents such as Forms W-2 and 1099. Another circumstance could be if the taxpayer has a tax year of less than 12 months.
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Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
the basic sector of an urban area's economy consists of
In an urban area, the basic sector of the economy consists of firms that sell their goods or services beyond the local market. The basic sector brings in new money to the region and creates jobs that are not dependent on local spending. Therefore, the basic sector provides stability and growth for the local economy.The basic sector is commonly defined as economic activities that generate export sales, capital inflows, or income from outside the local economy.
This includes firms that engage in manufacturing, wholesale trade, research and development, and financial services. It also includes industries that rely on local resources or markets, such as agriculture and retail trade but are able to attract customers from outside the region through competitive prices and products.The non-basic sector, on the other hand, is made up of activities that primarily serve the local population and rely on local demand. This includes industries such as education, healthcare, entertainment, and hospitality.
Although the non-basic sector is vital to the urban economy, it is dependent on the basic sector for its growth and stability. In conclusion, the basic sector of an urban area's economy consists of firms that sell their goods or services beyond the local market and bring in new money to the region and creates jobs that are not dependent on local spending.
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The picture is above, I’ll mark as brainliest
Answer:
c
i could not see the ful image until now srry
pls give brainliest i need for new rank
Explanation:
Which of the following statements regarding direct finance is true? A. Securities are assets for the firm that issues them and liabilities for the individual that buys them. B. Direct finance occurs when borrowers sell securities directly to lenders. C. Direct finance requires the use of financial intermediaries. D. In the United States, more funds flow through the direct financial channels than through indirect financial channels. Let's assume that a carpenter borrowed $2,000 to be paid off in a year to finance a machine that would make him work faster As a result, he is able to take on more projects and collect $400 more earnings in the first year, after paying off the principal of $2,000. However there is a 15% rental fee (interest) on his loan that he also has to pay off. The carpenter earned an extra $ in the first year (Round your response to the nearest dollar)
The carpenter has negative additional earnings of $1,900 in the first year after paying off the loan.
To calculate the carpenter's extra earnings in the first year after paying off the loan, we need to subtract the principal and the interest from the additional earnings.
Additional earnings = Extra projects - Loan principal - Interest
Loan principal = $2,000
Interest = 15% of $2,000 = $300
Extra projects = $400
Additional earnings = $400 - $2,000 - $300
Additional earnings = -$1,900
The carpenter has negative additional earnings of $1,900 in the first year after paying off the loan.
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Jamie is researching places to live after graduating college he asked you I keep coming across as phrase cost-of-living I’ve never heard of it before do you know what it means which of the following definitions would you choose to explain to Jamie about cost-of-living means
Answer:
The cost of living refers to the prices of goods and services needed to sustain an average level standard of living in an area
Explanation:
The cost of living refers to the cost of keeping up with a given standard of living. It is the amount Jamie would need to keep up with basic expenses such as food, housing, clothing and medical care. Cost of living compares the expense between living in two different areas. Jamie's cost of living is tied to his wages and it can be measured using what is called purchasing power parity.
what is a main reason business needs government regulations? select one: a. to assist in executing worthwhile causes b. to protect the interest of society and consumers c. to help companies be successful d. to provide financial assistance when needed
b) Businesses need government regulations to protect society and consumers by ensuring ethical operations, fair competition, consumer safety, and environmental sustainability.
The main reason businesses need government regulations is to protect the interest of society and consumers. Regulations ensure that businesses operate ethically, responsibly, and in compliance with standards that safeguard public health, safety, and fair competition. Government regulations help prevent fraudulent practices, misleading advertising, and the exploitation of consumers. They set guidelines for product quality, environmental sustainability, and workplace safety, ensuring that businesses prioritize the well-being of individuals and communities. Regulations also promote fair competition by preventing monopolies, price-fixing, and anti-competitive practices that could harm consumers or stifle innovation. By establishing a level playing field, regulations foster trust and confidence in the marketplace. Moreover, regulations play a vital role in sectors such as finance, healthcare, and food safety, where public oversight is crucial to maintain stability, protect vulnerable populations, and prevent systemic risks. Overall, government regulations balance the interests of businesses with the broader welfare of society and consumers.
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Money you pay up front to reduce the amount you will owe is called a
A. fixed loan
B. late payment
C. down payment
D. short-term loan
Answer:
down payment
Explanation:
A down payment is money paid upfront in a financial transaction, such as the purchase of a home or car. Buyers often take out loans to finance the remainder of the purchase price.
Answer:
down payment
Explanation:
Which of the following is a correct statement?
A. achievement is an innate need
B. the last stage in the consumer buying process is purchase
C. where to buy something occurs in the alternative evaluation stage of the buying process
D. normative benefits influence consumer behavior
E. one family consumption trend is that wives are having more influence in purchases outside the home (e.g. a car)
The correct statement among the options provided is E) One family consumption trend is that wives are having more influence in purchases outside the home (e.g. a car). Option E
Family consumption trends have evolved over time, and studies have shown that there has been a shift in the dynamics of decision-making within households. Traditionally, husbands were often considered the primary decision-makers in major purchases, including cars.
This shift can be attributed to various factors, including changing gender roles, increased financial independence among women, and evolving societal norms. As women's roles and responsibilities expand beyond the domestic sphere, their influence in decision-making related to major purchases has increased.
This trend is also supported by research highlighting the importance of women as key influencers in household buying decisions across various product categories. Wives often play a significant role in gathering information, evaluating alternatives, and making final purchase decisions.
Understanding this trend is crucial for marketers and businesses. Recognizing the increasing influence of wives in purchasing decisions outside the home, particularly in significant purchases like cars, allows companies to tailor their marketing strategies and messages to resonate with this demographic. Option E
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4. Study Questions #14. Ch 4. What is meant by the term foreign trade zone?
A storage facility for imported goods
An area where foreign merchandise can be repackaged, repaired, or assembled into finished products
How do foreign trade zones help importers mitigate the effects of domestic import duties?
They allow imported goods to be put into storage without the payment of duties until the goods are withdrawn for domestic consumption.
They pose a significant entry barrier for any developing nation wishing to compete in the primary commodities area.
A foreign trade zone is a designated geographical area within a country that allows companies to store, manufacture, and trade goods. It help importers mitigate the effects by allowing to defer payment of duties .
Foreign trade zones play an important role in facilitating international trade and investment by reducing trade barriers, promoting economic growth, and creating jobs.
A foreign trade zone, also known as a free trade zone, is a designated geographic area within a country where imported goods can be stored, repackaged, repaired, or assembled into finished products without being subject to import duties or other customs regulations.
The purpose of foreign trade zones is to encourage and facilitate international trade and commerce by reducing the costs and regulatory barriers associated with importing goods into a country.
This provides importers with a significant cash flow advantage, as they can use the time that their goods are in the zone to manufacture, process, or distribute them, without having to pay customs duties.
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Thakur industries has sales of $465,000, interest paid of $2,450, costs of 150,000, and depreciation of $20,400. what is the operating cash flow if the tax rate is 21 percent?
The operating cash flow if the tax rate is 21% is $251,198.50
What is operating cash flow?
Operating cash flow is the amount of Thakur industries generates from its operations, it is determined as the net income plus the depreciation.
Net income=(sales-costs-depreciation-interest)*(1-tax rate)
sales=$465,000
costs=$150,000
depreciation=$20,400
interest paid =$2,450
tax rate=21%
net income=($465000-$150000-$2450-$20400)*(1-21%)
net income=$230,798.50
operating cash flow=net income+depreciation
operating cash flow=$230,798.50+$20,400
operating cash flow=$251,198.50
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Body glove’s social media managers have been creating a series of lifestyle videos that highlight the benefits of physical fitness and yoga through its ""create happiness"" campaign. ________ allows customers to become subscribers to ensure they never miss a new posting.
Body glove’s social media managers have been creating a series of lifestyle videos that highlight the benefits of physical fitness and yoga through its "create happiness" campaign. You-tube allows customers to become subscribers to ensure they never miss a new posting.
Social media managers are people that generally responsible for developing strategies to improve brand awareness and reputation. They do that by producing content, creating (as well as overseeing) social campaigns, engaging with online followers, and overall creating an active social media presence.
To achieve that, they use social media. The social media that use videos and allows customers to become a subscriber on their platform is You-tube.
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Human Resource Management: Recruitment and Selection
Evidence suggests that, overall, ________________ are likely to attract employees who have a better understanding of the organization and its culture.
a.
Employment agencies
b.
Referrals and job trials
c.
Newspaper advertising
d.
Websites
Hi there! Based on the given options, the answer is b. Referrals and job trials. Evidence suggests that referrals and job trials are likely to attract employees who have a better understanding of the organization and its culture.
1. Referrals: When employees refer someone they know for a job opening, it shows that they believe the candidate would be a good fit for the organization. The referring employee already has an understanding of the organization's culture and values, so the referred candidate is more likely to align with them as well.
2. Job trials: Job trials, or trial periods, allow potential candidates to experience the organization's culture firsthand. During this period, they can assess if the organization's values and work environment match their expectations. This helps attract candidates who have a better understanding of the organization and its culture.
On the other hand, employment agencies, newspaper advertising, and websites can attract a wide range of candidates, including those who may not have a deep understanding of the organization's culture. While these methods can still be effective for recruitment, they may not prioritize cultural fit as much as referrals and job trials.
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Rule of law is defined as "the restriction of the arbitrary exercise of power by subordinating it to well-defined and established laws." And includes concepts such as: property rights, government integrity, and judicial effectiveness.
In two separate paragraphs, please explain how Rule of Law is relevant for
National economies (paragraph 1), and
Growth of businesses (paragraph 2)
The rule of law is relevant for national economies as it promotes transparency, accountability, and limits the possibility of corruption. It also ensures the protection of property rights, promotes fair competition, and encourages investors.
The rule of law limits the arbitrary use of power, promotes transparency, and accountability. This is significant for national economies as it makes a country a favorable destination for investment. The rule of law assures investors that their contractual agreements will be enforced, and their property rights will be protected.
In a stable legal system, businesses feel encouraged to invest more and expand, which leads to the growth of the economy and development. The legal system provides a framework that ensures economic growth by promoting fair competition, market-oriented strategies, and accountability. Thus, the rule of law plays a crucial role in national economies and creates a conducive environment for business growth and development. Its presence assures the enforcement of contracts, and minimizes risks and uncertainties that are associated with transactions.
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What days are BIM classes held?
Classes take place on Mondays and Wednesdays from 4:00-6:00 pm EST, at The Plan Room located at 1815 W Broadway.
Have a Nice Day.
The starting point in the budget-preparation process is the organization's ____
The starting point in the budget-preparation process is the organization's strategic plan.
The strategic plan outlines the organization's mission, goals, objectives, and the strategies to achieve them. The budget is a financial plan that translates the strategic plan into monetary terms, allowing the organization to allocate resources and measure progress.
The budget-preparation process involves identifying the organization's revenue sources, expenses, and capital expenditures. It also involves estimating future revenues and expenses and setting priorities for resource allocation. The budget provides a framework for decision-making, accountability, and monitoring of financial performance.
It helps the organization to anticipate potential financial problems and opportunities, and to adjust its operations accordingly. Effective budgeting requires collaboration, communication, and participation from all levels of the organization.
It also requires ongoing evaluation and review to ensure that the budget aligns with the organization's changing needs and goals.
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Underlying the dividend irrelevance theory proposed by Miller and Modigliani is their argument that the value of the firm is determined only by its basic earning power and its business risk. (True or False)
True, The foundation of Miller and Modigliani's suggested dividend irrelevance hypothesis is their claim that the firm's worth is solely decided by its fundamental earning capability and its business risk.
What is Business Risk?Business risk is the possibility that a company or organization will experience declining profits or collapse. Anything that undermines a corporation is a risk. the ability of the organization to achieve its financial goals. Business risk can result from the interaction of several factors. senior executives of a company or Leadership may on occasion create conditions that subject a corporation to greater levels of risk.
However, there are times when a firm is not the only source of danger. As a result, a business cannot completely protect itself against danger.
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Which principle or concept states that businesses should use the same accounting methods and procedures from period to period?
The consistency principle states that businesses should use the same accounting methods and procedures from period to period.
The definition of consistency means that the thickness or something stays the same, is made the same, or looks the same. An example of consistency is a sauce that pours easily from a jug. An example of consistency is when all tests a student takes are graded using the same grading scale.
“Consistency is a combination of behaviors that includes reliability, trust, and a genuine desire to have a partner and pursue a serious relationship.” Good communication prolongs life.
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