B. False
Answer:
False
Explanation:
A partnership is when 2 parties come together to invest in a business.
Profit sharing from the business is usually based on the percentage invested by the partners.
For example if A invested 20% and B invested 80%, B will receive a higher share.
So in this case the amount they will be entitled to is a function of their investment unless otherwise stated in the agreement.
Since the agreement is silent on this their contribution will be used as the basis for sharing and not responsiblity in the business.
Answer:
sensitivity analysis
Explanation:
Based on the information provided within the question it can be said that in this scenario the marketing manager would be using sensitivity analysis. This is a method of analyzing the uncertainty outputs that a mathematical model will have on something. Which in this case would be the different price levels on a new product.
extra $1,000 per employee each year. This could prevent her from hiring as
many new employees as she would like over the next few years. On the other
hand, better benefits will help her hire more qualified employees who will stay
with the company for longer.
The potential value of hiring more qualified employees at the cost of more
expensive benefits is an example of a(n)
A. margin
B. scarcity
C. trade-off
D. incentive
Answer: C. trade-off
Explanation:
If the business owner hires more qualified employees at the cost of paying more for expensive benefits, this is considered a trade-off because she is trading higher costs for more quality.
Trade-offs arise as a result of scarcity. Since resources (money for benefits in this case) are limited, the business owner would have to trade one thing for another instead of being able to get everything she wants. The thing she will exchange will be more expensive benefits for better quality employees.