Identify and analyze any types of competition that are likely to occur in the Delivery and Logistics industry in Korea (Quantity competition/Price competition/ Hotelling competition/ Product differentiation). Your analysis must be supported by concrete evidence/data/facts.

Answers

Answer 1

Competition is driven by factors such as efficient fleet management, Network expansion, and timely deliveries.  

1. Quantity competition: In this type of competition, companies compete based on the quantity of goods or services they deliver. They aim to capture a larger market share by offering more deliveries. This competition is driven by factors such as efficient fleet management, Network expansion, and timely deliveries.  

2. Price competition: Companies in the Delivery and Logistics industry in Korea may also engage in price competition. This involves offering lower prices or discounts to attract customers. Price competition can be observed through price wars between companies or through market analysis reports that highlight price fluctuations and competitive pricing strategies.

3. Hotelling competition: Hotelling competition occurs when companies compete based on their geographical location. In the Delivery and Logistics industry, companies strategically position their distribution centers or warehouses to cover a larger area and reduce delivery time.

4. Product differentiation: Some companies in the Delivery and Logistics industry in Korea differentiate themselves by offering unique services or features. For example, they may provide express delivery, real-time package tracking, or specialized delivery for perishable goods.

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Related Questions

What is the maximum amount you would pay for an asset that generates an income of $400,000 at the end of each of five years, if the opportunity cost of using funds is 8 percent?

Answers

The maximum amount you would pay for the asset, considering an opportunity cost of 8 percent, is approximately $1,607,660.12.

To decide the maximum amount you'd pay for a resource that creates a salary of $400,000 at the conclusion of each of five a long time, considering an opportunity taken a toll of 8 per cent, we will utilize the concept of show esteem.

The present value formula is:

\(PV = CF / (1 + r)^n\)

Where:

PV = Present Value

CF = Cash Flow (income generated)

r = Discount rate

n = Number of periods

Within the given case, the cash flow is $400,000 per year for five a long time, and the discount rate is 8 per cent (0.08). Let's calculate the present value:

\(PV = $400,000 / (1 + 0.08)^1 + $400,000 / (1 + 0.08)^2 + $400,000 / (1 + 0.08)^3 + $400,000 / (1 + 0.08)^4 + $400,000 / (1 + 0.08)^5\)

\(PV = $400,000 / 1.08 + $400,000 / 1.1664 + $400,000 / 1.2597 + $400,000 / 1.3605 + $400,000 / 1.4693\)

Calculating the above expression will give us the present value of the cash flows. Adding up the present values:

\(PV = $370,370 + $343,915 + $319,535 + $297,163 + $276,677\)

PV ≈ $1,607,660.12

Therefore, the maximum amount you would pay for the asset, considering an opportunity cost of 8 percent, is approximately $1,607,660.12. This amount reflects the present value of the future cash flows generated by the asset.

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An unlicensed property manager can do all of the following except: Maintenance Showing units Negotiating lease terms Furnishing published information

Answers

When a person is an unlicensed property manager, they can do all of the above except Negotiating lease terms.

What can an unlicensed property manager do?

An unlicensed property manager can show prospective buyers the units on sale as well as maintaining the units. They can also furnish people with published information on the units.

They cannot however, negotiate lease terms with people because they do not have the license and authority to do so.

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in what areas might a government have regulations even in a capitalist system?question 3 options:worker safetychild laborconsumer safetyall of the above

Answers

The correct option is C. All of the above

What is Capitalist system?

Capitalism is an economic system in which capital goods are owned by private individuals or businesses. Simultaneously, business owners (capitalists) employ workers (labor) who only receive wages; labor does not own the means of production but only uses them on behalf of the capital owners.

Capitalism produces goods and services based on supply and demand in the general market (known as a market economy), rather than through central planning (known as a planned economy or command economy).

Free market or laissez-faire capitalism is the purest form of capitalism. Private individuals are unrestrained here. They may decide where to invest, what to produce or sell, and the prices at which goods and services are exchanged. The free market operates without any checks or controls.

Profits are more important in a capitalist country than anything else; in a socialist country, the public is seen as more important, and social welfare is a major priority. Modern capitalist countries include the United States, the United Kingdom, and Germany.

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if marginal cost exceeds marginal revenue, a profit-maximizing monopolist will

Answers

Answer:

Reduce marginal costs so that they equal marginal revenue.

Explanation:

Regardless of whether the producer is a monopolist, oligopolist, or in perfect competition, the profit-maximizing quantity is where marginal revenue equals marginal costs, or in other words the cost of producing the next unit of output is equal to the revenue earned by the next unit of sales. Any output before this holds an opportunity cost, and any output after this intersection is losing money.

Which is an example of a negative incentive for producers?
a. a chance to make more money b. a special sale at a department store c. a coupon clipped from a newspaper d. a sharp increase in production costs

Answers

A sharp increase in production costs is an example of a negative incentive for producers. Thus, option D is correct.

Poor incentives are a strategy employed by managers to encourage their staff to work effectively so as to prevent a poor outcome. Instead of providing a reward for reaching a target, a manager can advise a punishment if the employee falls short of it, such as forfeiting a bonus or a potential vacation day, being written up, or, in the worst situations, being demoted.

The purpose of negative incentives is the same as that of any other form of employee motivation: to persuade workers to finish their work effectively and to the best of their abilities, but doing so with a potential for harm rather than benefit.

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Answer:

D - a sharp increase in production costs

Explanation:

Name the FIVE documents that must be covered by the auditor's report?​

Answers

Answer:

The auditor's report typically covers the following five documents:

1)Financial Statements: The auditor's report provides an opinion on the fairness and accuracy of the financial statements prepared by the company. This includes the balance sheet, income statement, cash flow statement, and statement of changes in equity.

2)Management's Discussion and Analysis (MD&A): MD&A is a section of the annual report where management provides an analysis of the company's financial performance, results of operations, and future prospects. The auditor's report may reference or provide assurance on specific information contained in the MD&A.

3)Notes to the Financial Statements: The notes to the financial statements provide additional information and explanations regarding specific items in the financial statements. The auditor's report may refer to the notes and provide assurance on their presentation and disclosure.

4)Internal Control Report: In some cases, companies are required to provide an internal control report, which outlines management's assessment of the effectiveness of internal controls over financial reporting. The auditor's report may include a reference to the internal control report and provide assurance on its reliability.

5)Other Supplementary Information: The auditor's report may also reference or provide assurance on other supplementary information included in the annual report, such as schedules, disclosures, or additional financial data that accompany the financial statements.

It's important to note that the specific documents covered by the auditor's report may vary depending on the reporting requirements and regulations applicable to the company or organization being audited.

Round Tree Manor is a hotel that provides two types of rooms with three rental classes: Super Saver, Deluxe, and Business. The profit per night for each type of room and rental class is as follows:
Rental Class
Super Saver Deluxe Business
Room Type I $30 $35 -
Type II $20 $30 $40
Type I rooms do not have high-speed wireless Internet access and are not available for the Business rental class. Round Tree's management makes a forecast of the demand by rental class for each night in the future. A linear programming model developed to maximize profit is used to determine how many reservations to accept for each rental class. The demand forecast for a particular night is 130 rentals in the Super Saver class, 60 in the Deluxe class, and 50 in the Business class. Round Tree has 100 Type I rooms and 120 Type II rooms.
(a) Formulate and solve a linear program to determine how many reservations to accept in each rental class and how the reservations should be allocated to room types.
Rental Class with room type No of Reservations
Super Saver rentals allocated to room type I Super Saver rentals allocated to room type II Deluxe rentals allocated to room type I Deluxe rentals allocated to room type II Business rentals allocated to room type II (b) For the solution in part (a), how many reservations can be accommodated in each rental class?
Rental Class No of Reservations
Super Saver I Deluxe Business Demand for - Select your answer -DeluxeSuper SaverBusinessItem 9 rental class was not satisfied.
(c) With a little work, an unused office area could be converted to a rental room. If the conversion cost is the same for both types of rooms, would you recommend converting the office to a Type I or a Type II room?
Type I Type II
Shadow Price $ $
Convert an unused office area to - Select your answer -Type IType IIItem 12 room.
Explain.
The input in the box below will not be graded, but may be reviewed and considered by your instructor.
(d) Could the linear programming model be modified to plan for the allocation of rental demand for the next night?
- Select your answer -YesNoItem 14
What information would be needed and how would the model change? Explain.

Answers

(a) The linear programming model can be formulated as follows:

Let:

x1 = Number of Super Saver rentals allocated to room type I

x2 = Number of Super Saver rentals allocated to room type II

x3 = Number of Deluxe rentals allocated to room type I

x4 = Number of Deluxe rentals allocated to room type II

x5 = Number of Business rentals allocated to room type II

Objective function: Maximize profit

Profit = 30x1 + 20x2 + 35x3 + 30x4 + 40x5

Subject to:

x1 + x2 ≤ 130 (Demand for Super Saver)

x3 + x4 ≤ 60 (Demand for Deluxe)

x4 + x5 ≤ 50 (Demand for Business)

x1 + x3 ≤ 100 (Number of Type I rooms)

x2 + x4 + x5 ≤ 120 (Number of Type II rooms)

x1, x2, x3, x4, x5 ≥ 0 (Non-negativity constraint)

Using this model, you can solve for the values of x1, x2, x3, x4, x5 that maximize the profit.

(b) The number of reservations that can be accommodated in each rental class would be the values obtained from the solution in part (a):

Super Saver:

No of Reservations = x1 + x2

Deluxe:

No of Reservations = x3 + x4

Business:

No of Reservations = x5

The demand for Deluxe rentals was not satisfied if the value of (x3 + x4) is less than 60.

(c) To determine whether to convert the office to a Type I or Type II room, we need to compare the shadow prices (also known as dual values) associated with the constraint on the number of Type I rooms and the constraint on the number of Type II rooms.

If the shadow price for the constraint on the number of Type I rooms is higher, it would be more profitable to convert the office to a Type I room. If the shadow price for the constraint on the number of Type II rooms is higher, it would be more profitable to convert the office to a Type II room.

The shadow price values obtained from solving the linear program will determine the recommendation.

(d) Yes, the linear programming model can be modified to plan for the allocation of rental demand for the next night. The model would need to incorporate the new demand forecast for the next night, considering the availability of rooms and the profit per night for each rental class and room type. The objective function and constraints would need to be adjusted accordingly to optimize the profit for the next night's rental allocations. The decision variables would represent the number of reservations to accept for each rental class and room type for the next night.

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Select the correct location on the image.

Which box on a W-4 notes an employee's filling status?

Select the correct location on the image.Which box on a W-4 notes an employee's filling status?

Answers

Box number 3 on a W-4 notes an employee's filling status?

What is a W-4?

An IRS form known as a W-4, also known as a "Employee's Withholding Certificate," instructs employers how much tax should be deducted from each employee's paycheck. Employers utilize the W-4 to calculate some payroll taxes and remit the taxes on behalf of employees to the IRS and the state (if applicable).

If your employer already has a copy of your W-4 form on file, you do not need to fill one out again. Additionally, you are not required to complete a new W-4 annually. But you'll probably need to complete a new W-4 if you start a new employment or wish to change the withholdings at your current position. In either case, it's a good justification for reviewing your withholdings.

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Select the education or qualification that is best demonstrated in each example.

Harsha comes up with ideas for ways to improve a software application.

Bill can stay focused for long periods of time while working alone.

Edith has a four-year college degree in computer science.

Tawana is an expert in writing code for websites.

Answers

Answer:

So it should be:

creativity

independence

a bachelor's degree

knowledge of programming languages

Explanation:

is this correct?

1. Harsha's ability to generate ideas for improving a software application suggests that they possess strong creativity and problem-solving skills.

What does qualification describe?

The term "qualification" typically refers to a person's education, training, skills, or experience that make them suitable or eligible for a particular job, role, or task. Qualifications can be formal, such as degrees, certifications, or licenses, or they can be informal, such as skills learned through on-the-job experience or self-study.

Qualifications may also refer to specific requirements that must be met in order to obtain a particular position or achieve a certain level of recognition or accreditation.

Here are some education or qualification that is best demonstrated in each example:

2. Bill's ability to maintain focus for extended periods of time while working independently demonstrates good concentration and discipline.

3. Edith's four-year college degree in computer science demonstrates that she has completed a formal education in the field of computer science and likely has a broad understanding of various topics within the discipline.

4. Tawana's expertise in writing code for websites suggests that she has developed specialized knowledge and skills in this area through training and experience.

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What are measurements that evaluate results to determine whether a project is meeting its goals?.

Answers

Metrics are measurements that evaluate results to determine whether a

project is meeting its goals.

What is Metrics?

This is used to track the performance  level of a project. It is used by

stakeholders and done in a quantitative manner.

Different forms of metrics include the following:

SalesProfitReturn on investmentCustomer reviews etc.

This helps to measure the performance and production level of

organization with finances being an important factor.

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1: List three policy making groups of the Federal Reserve?
2: which banks are members of the fed?
3: the fed is owned by?

Answers

Answer:1- the board of governors, the federal reserve bank also know

as ( Reserve bank), And the federal open market committee

2- Approximately 38 percent of the 8,039 commercial banks in the United States are members of the Federal Reserve System.

3- The Federal Reserve System is not "owned" by anyone. The Federal Reserve was created in 1913 by the Federal Reserve Act to serve as the nation's central bank.

Explanation:

idk answer might Be wrong

Do you think customer service is important? Do you consider a company's customer service before you buy something from the company? Think of a time when you did not receive good customer service. Describe the experience. How did your experience change your opinion of the company and would you ever buy anything from them again?

Answers

Yes, I strongly believe that customer service is a crucial aspect of any business. Good customer service ensures that customers feel valued and respected, which in turn leads to customer loyalty and positive word-of-mouth advertising.

When I am considering purchasing a product or service from a company, their customer service reputation is definitely a factor that I take into consideration.One instance where I received poor customer service was when I ordered a product online and it arrived damaged. When I contacted the company's customer service team, they were unresponsive and unhelpful, making it clear that they did not prioritize my satisfaction as a customer. This negative experience left a lasting impression on me, and I decided not to buy anything from that company again.On the other hand, I have had many positive experiences with companies that prioritize customer service. For example, when I had an issue with a product from a particular company, their customer service team went above and beyond to rectify the issue, providing me with a refund and a replacement product. This experience made me feel valued as a customer, and I have continued to buy products from that company because of their exceptional customer service.

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PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE

Ivywood Country Club recently hired Spencer to find additional resources, make major decisions involving membership, and develop ideas for new swag to be sold in the pro shop. What unique skill did the club MOST likely need when they hired Spencer?



capital capacity




labor talent




entrepreneurial ability

Answers

Answer:

entrepreneurial ability

Explanation:

Entrepreneurial ability is the capacity to understand every aspect of a business. It entails combining a range of technical, management, and personal skills. Entrepreneurial ability incorporates creativity, ambition, determination, teamwork,  risk management, and a sense of responsibility.

Spencer must have Entrepreneurial abilities; that's why the club hired him.  The club believes that his creativity and determination will be useful in finding additional resources. Spencer can recognize, attract, and retain talent. Entrepreneurial abilities involve taking over a business that already exists and making it better.

On late-night TV, you see an infomercial claiming that the price of the product has been slashed for a special offer and now includes a bonus sample size of something that is in adjunct to the product. This illustrates the _____ compliance technique.

Answers

The answer is that’s-not-all

______ policy seeks to foster or discourage various economic or social activities, typically through subsidies or tax breaks.

Answers

Answer:

domestic

Explanation:

try it but i don't know! just a guess

Which should be done when interpreting employee engagement and satisfaction survey results?

Answers

When interpreting employee engagement and satisfaction survey results, several key steps should be taken:1. Analyze the data: Thoroughly examine the survey results, identifying patterns, trends, and areas of strength or concern.

2. Compare benchmarks: Compare the survey results to industry benchmarks or previous survey data to gain insights into the organization's performance relative to others or over time.3. Consider qualitative feedback: Take into account qualitative feedback from open-ended survey questions or additional comments to gain a deeper understanding of employees' experiences and perceptions.4. Segment the data: Analyze survey results by demographics, departments, or other relevant variables to identify any variations or specific areas of improvement tailored to different groups within the organization.

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Type the correct answer in the box Spell all words correctly
What is an example of using a transaction processing system to process data immediately
transactions are aſ perfect example of the transaction processing system,

Answers

Answer:

online transactions

Explanation:

Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home

Answers

Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.

Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.

Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.

Hence, the correct options are "A, B & C".

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give short introduction about tourism industry​

Answers

Answer:

Tourism industry is the industry that manages all the resources related to the tourism like hotel management, guides and many more. Tourism industry is very beneficial for the developing countries like Nepal, India and many more. Through it there will be economic development in the country. And from the economical development the citizens of the country can get facilities.

Answer:

Explanation: Tourism is the activities of people traveling to and staying in places outside their usual environment for leisure, business or other purposes for not more than one consecutive year.1.Domestic Tourism -Domestic tourism is the act of travelling for business or leisure within one’s home country2.International tourism-International tourisminvolves tourist who are traveling to different countries.

Suddenly crossing your arms after an interviewer asks a question may

look like you are uninterested
raise a red flag
come off as disrespectful
show you are comfortable

Answers

The body posture of crossing your arms after an interviewer asks a question may raise a red flag.

What are the likely intrepretation of Crossing arms?

In an interview, the crossing of arms can mean many things. But usually, the candidates who cross their arms in front of their chest during an interview probably feel insecure and defensive. Most people dislike seeing others crossing their arms because it’s distancing but as a natural reaction, when meeting a stranger, it can be considerd as good sign when candidates unfold their arms later during their interview.

To others, the gesture of crossing of arms or legs can make you seem less accessible and communicative in an interview because it creates a physical barrier between you and the interviewer.

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Answer: raise a red flag

Explanation:

which of the following would an economist classify as capital? A) a $100 traveler’s check B) a new deposit of natural gas C) a government savings bond D) a police car

Answers

Answer:A

Explanation:

Functions of marketing

Answers

Answer:

There are seven widely accepted marketing functions that contribute to the overall work of marketers. The seven functions include: Promotion. Selling. Product management. Pricing. Marketing information management. Financing. Distribution. Why are the seven marketing functions important? The seven marketing functions are important since each of them represents a category of activities that occurs in marketing.

Explanation:

Important Functions of Marketing :

1. Gathering and Analysing Market Information: ...

2. Marketing Planning: ...

3. Product Designing and Development: ...

4. Standardisation and Grading: ...

5. Packaging and Labelling: ...

6. Branding: ...

7. Customer Support Service: ...

8. Pricing of Products:

Cost of the asset: $100,000. Cost of the asset – Estimated salvage value: $100,000 – $20,000 = $80,000 total depreciable cost. Useful life of the asset: 5 years. Divide step (2) by step (3): $80,000 / 5 years = $16,000 annual depreciation amount

Answers

Depreciation is the process of allocating the cost of a tangible asset over its useful life. In this example, the asset has a cost of $100,000 and an estimated salvage value of $20,000.

This means that the total depreciable cost of the asset is $80,000 ($100,000 - $20,000).

The useful life of the asset is estimated to be 5 years. To calculate the annual depreciation amount, we need to divide the total depreciable cost by the useful life of the asset. Therefore, the annual depreciation amount would be $16,000 ($80,000 / 5 years).

This means that the company can deduct $16,000 from its taxable income each year for the next five years to account for the cost of the economy asset. The salvage value of $20,000 represents the estimated amount that the company will receive for the asset at the end of its useful life. This salvage value will reduce the amount of depreciation expense that the company can claim in the final year of the asset's useful life.

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Being tardy is an example of
O positive employability skills
O broken alarm clock
O unreliable transportation
O negative employability skills

Answers

⚫️negative employability skills… cmon my boy you know you didn’t need brainly for that

I NEED HELP ASAP please

I NEED HELP ASAP please

Answers

Auto Loan - installment, secured, fixed

Credit Cards - installment, unsecured, CBE

Mortgage - installment, secured, variable

Payday loan - CBE, secured, and CBE

Personal loan - installment, unsecured, CBE

Small businesses - CBE, unsecured, CBE

Student loan - installment, unsecured, CBE

I believe that’s right. I’m so sorry if it isn’t.

Lilly, Briah, Chloe, and Terry are the directors and equal shareholders of Fantastic Holidayz Pty Ltd, a company that runs an exclusive airline company and operates in several high-rise office buildings in Melbourne. Briah is the Managing Director and Terry is the Chief Financial Officer. Lilly and Chloe are non-executive directors. The Company has adopted a written constitution which contains the following clauses: (36) A directors' meeting may be called by a director giving reasonable notice individually to every other director (37) Quorum for directors' meetings is four directors and the quorum must be always present during the meeting (42) A resolution of the majority of directors may resolve to remove another director of the company. Business is booming, and Fantastic Holidayz has made a great deal of money over the last few years. However, the Board of Directors have rejected Lilly's proposal to declare a dividend for the last 7 years in a row - and she is getting fed up. The other directors always outvote her, arguing that it is better to keep the profits in reserve and continue to expand the business. Terry is currently investigating the possibility of opening further destinations to their itinerary In October 2017 Lilly was overseas for a family funeral and on her return to Melbourne, she discovers that the other directors have met and passed resolutions to remove her as a director of the company. Lilly did not receive any notice of the director's meeting. In another resolution, the remaining directors voted to pay themselves $500,000 in bonuses - equating to the entire year's profit. Lilly is angry that she has been removed and not paid a bonus and comes to you for your professional advice and opinion. Further, Fantastic Holidayz has a longstanding agreement with several travel agencies, and in January 2018, Fantastic's financial accounts showed that one agency owed the company $85,000, and there was no applicable security Recently, Lilly discovered that by June 2018 the debt owing to Fantastic Holidayz had blown out to $200,000. Terry had approved additional credit without the knowledge of the other directors. He did this, even though the agency had been taking a long time to pay its overdue account. Additionally, there are now rumours that are insolvent, but this cannot be proven. REQUIRED: 1. Discuss whether Lilly can bring any action to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses? (5 marks) 2. Advise Lilly about the process and potential outcomes if the travel agency is placed into voluntary administration - and any implications of this on Fantastic Holidayz. (5 marks) 3. Advise Lilly about whether Terry has breached any of his statutory duties as a director of Fantastic Holidayz. Include in your answer the consequences of a breach of duty, whether Lilly could bring an action for compensation on behalf of the company against Terry, and whether there are any defences available.

Answers

It is important for Lilly to consult with a legal professional to assess the specific circumstances and determine the most appropriate course of action. Legal advice tailored to the jurisdiction and applicable laws should be sought.

1. Lilly's Challenge to Dividend Denial and Bonus Payment:

Lilly may have grounds to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses. The key considerations are as follows:

a) Breach of Fiduciary Duty: Directors owe a fiduciary duty to act in the best interests of the company. By consistently rejecting dividends despite profitable operations, the directors may be breaching this duty if their decision is not justifiable and reasonable. The decision to pay themselves bonuses without Lilly's approval further strengthens her case.

b) Unfair Prejudice: Lilly may argue that the denial of dividends and payment of bonuses unfairly prejudice her interests as an equal shareholder and director. This argument can be supported by the fact that dividends have been consistently denied for several years, and the bonuses were paid without her knowledge or consent.

c) Oppression of Minority Shareholder: If the other directors' actions substantially interfere with Lilly's rights as a shareholder and director, it could constitute oppression of a minority shareholder. Denying dividends and paying bonuses in a manner that excludes Lilly's interests may be viewed as oppressive.

Lilly can potentially bring legal action seeking remedies such as an injunction to stop the bonuses, an order for dividends to be paid, or a buyout of her shares at a fair value.

2. Travel Agency in Voluntary Administration:

If the travel agency owing $200,000 to Fantastic Holidayz is placed into voluntary administration, the process and potential outcomes can be summarized as follows:

a) Voluntary Administration: Voluntary administration is a process where an external administrator (usually a registered liquidator) takes control of the insolvent company to maximize returns for creditors. The administrator assesses the company's financial position and explores options, such as restructuring or selling the business.

b) Outcomes and Implications: During voluntary administration, the administrator may propose a Deed of Company Arrangement (DOCA) to the creditors. If approved, it could allow the travel agency to continue operating and repay the debt over an agreed period. Alternatively, if the company's financial situation is deemed irreparable, the administrator may recommend liquidation.

For Fantastic Holidayz, the outcome depends on the recovery of the debt. If the travel agency is unable to repay the owed amount, Fantastic Holidayz may have to write off the debt as a loss, potentially impacting their financial position. The impact could be significant if the debt is material to the company's operations.

3. Terry's Breach of Director's Duties:

Terry, as the Chief Financial Officer and a director of Fantastic Holidayz, may have breached his statutory duties. The key considerations are as follows:

a) Duty of Care and Diligence: Directors must exercise reasonable care, skill, and diligence in fulfilling their roles. Terry's approval of additional credit without the knowledge of other directors could be seen as a failure to exercise due care and diligence. The consequences of a breach may include personal liability for any loss suffered by the company.

b) Duty to Act in Good Faith and for Proper Purpose: Directors must act in good faith and in the best interests of the company. By approving additional credit for a customer with an outstanding overdue account, despite potential insolvency concerns, Terry may have breached this duty.

c) Consequences and Action for Compensation: If Terry is found to have breached his statutory duties, consequences may include personal liability for any loss suffered by the company due to his actions. Lilly, as a shareholder, may have standing to bring a derivative action on behalf of the company to seek compensation from Terry for any losses incurred.

d) Defenses: Terry may raise defenses such as relying on professional advice, acting in good faith, or having the belief that his actions were in the company's best interests. However, these defenses may not absolve him entirely from liability if his actions are found to be unreasonable or against the company's interests.

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Zion co. Sells $100 of merchandise and collects $10 sales tax. The sales tax is recorded to which account?.

Answers

If Zion sells merchandise and collects sales tax, The account that the sales tax is going to be recorded is what is known as the sales tax payable.

What is the sales tax payable?

The account is a liability account that acts as a storage of sales tax that a firm has gotten from their customers on behalf of the tax authority of a country.

The business is the one that holds the money and they have to remit to the government on the required dates.

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Monopoly profit will _____ when a monopolist goes from single-price monopoly to perfect price discrimination. Remain the same increase decrease initially increase and then return to its original level.

Answers

Monopoly profit will decrease when a monopolist goes from a single-price monopoly to perfect price discrimination. Remain the same increase decrease initially increase and then return to its original level.

Discrimination is the act of making unjustified distinctions between human beings primarily based on the companies, training, or different classes to which they belong or are perceived to belong.[1] humans may be discriminated on the idea of race, gender, age, religion, incapacity, or sexual orientation, in addition to other classes.[2] Discrimination specifically occurs while people or agencies are unfairly dealt with in a manner which is worse than different human beings are dealt with, on the idea in their real or perceived club in sure corporations or social classes.[2][3] It entails limiting members of one organization from possibilities or privileges which might be to be had to individuals of another organization.

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Microsoft® Publisher does which of the following?
Receives email messages
Keeps daily activity records
Creates items using page layout skills
Sends email messages

Answers

Answer:

Creates items using page layout skills

Explanation:

I work in school with publisher and this was on a test of mine. :)

The Microsoft Publisher is software that creates items using page layout skills.

Microsoft Publisher

It is an application that helps the user to create documents for use professionally. Examples of these are:

NewsletterPostcardsFlyersInvitationsBrochures

To do this the user needs to first select one of the built-in templates in Microsoft Publisher and then the user could add text and pictures to it before printing the file.

Hence, Microsoft Publisher is not for sending or receiving messages nor does it help to keep daily records. Instead, its purpose is to create items using page layout skills.

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as
Enrico waited ten years to file a cause of action against Frederico for a breach of contract claim. Frederico can use
his defense.
O insanity
O necessity
Statute of Limitations
O ignorance of the law

Answers

Answer:

Statue of limitations

Explanation:

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