H2. Joseph owns a medium sized business that has been increasingly successful over the past several years. To reward hisemployees and attract new employees he wishes to start a group pension plan. After speaking with his life insuranceagent he has also began to think about a group registered retirement plan. Given this scenario which of the followingstatements is NOT accurate about a GRRSP?Select one:a. Plan members may have access to the Lifelong Learning Planb. This will provide the benefit of being a payroll savings planc. Plan members may have access to the Home Buyer's Plan (HBP)d. There are usually more investment options in a group planNext page

INTRODUCTION: A pension plan is an investment strategy for retirement that offers benefits to…

Answered: Joseph owns a medium sized business…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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BUS 038 : Business Computations4. You buy goods on an invoice dated October 28, with terms of 2/20, n/45. What is the last day of the discount period? 5. You buy goods at a list price of $820. If you receive a trade discount of 25% and terms are “2/15, n/30,” what amount must you pay if you pay within the discount period? 6. You receive an invoice for $18,300 with terms of 5/15, n/60. If the supplier has a policy of allowing a cash discount for partial payments and you pay $11,500 within the discount period, calculate the amount of credit you will receive for this payment. Amount credited = Amount paid Complement of cash discount rate = $11,500
QNo.3 When there will be a conflict between two parties? Use any logical personal example of conflict and identify which level of conflict represent best your personal conflict and either it is functional or dysfunctional conflict, which approach or style you will use to manage that particular conflict and which strategy of negotiation can best use against this conflict.
Ch 11 Q7
S1.16/The Willow Café is located in an open-air mall. Its lease expires this year and the restaurant owner has the option of signing a 1-, 2-, 3-, 4-, or 5-year lease. However, the owner is concerned about recent energy price increases (including the price of gasoline), which affect virtually every aspect of the restaurant operation, including the price of food items and materials, delivery costs, and its own utilities. The restaurant was very profitable when energy prices were lower, and the owner believes if prices remain at approximately their cur- rent level profits will still be satisfactory; however, if prices continue to rise he believes that he might be forced to close. In these latter circumstances a longer-term lease could be a financial disaster, but with a shorter-term lease the mall landlord could always rent the restaurant's space out from under it when the lease expires. Thus, the restaurant owner's estimates of future profits must also reflect the possibility that the…
Q7 need in 10 minytes
What is strategic cost management? How can a company use it effectively to compete in a market environment where competition is stiff and industry giants are present?
QUESTION 12 (Using the same problem) A vendor for the local ballpark food stand is questioning whether to stock his concession with a large or small inventory. He believes that it will depend upon the size of the crowd. He has developed a payoff matrix for the various alternatives (stocking decision) and states of nature (size of crowd). What is the answer using the criterion of minimax regret? Alternatives Large Inventory Small Inventory Probability O A) -$2,000 O B) $130,000 O C) $0 O D) $20,000 O E) $153,400 Large Crowd $220,000 $90,000 .20 PROFIT ($) Average Crowd $50,000 $70,000 .50 Small Crowd -$2,000 -$5,000 .30
Q. Hotel California has 160 rooms. The hotel has an ample low-fare demand at the room rate of $200 per night, but the demand from the high-fare class which pays $450 per night on average, is uncertain. Table below shows the number of high-fare rooms that were booked during the past 30 days. How many rooms should Hotel California protect for high-fare customers to maximize its expected revenue? Number of high-fare rooms Frequency 0 5 1 3 2 6 3 8 4 4 5 1 6 1 7 2 Total=30
QUESTION 1 Which of the following statements regarding foreast sharing game is INCORRECT? Retailer only faces underage risk. Supplier faces both underage and overage risks. Suppliers tend to produce less than the supply chain optimal quantity. The retailer has to purchase at least the quantity it reports to the supplier. QUESTION 2 Assume that the firm can source from 2 faraway suppliers (each has Lead time = 4 months, capacity=60 k) and 2 Closeby suppliers (each Lead time =0 month, capacity=40k). The sales season starts in May. Which of the following statements regarding sourcing is INCORRECT? The production change should be only applied to the Closeby supplier so that the firm can benefit from the change in time. The production at the Faraway supplier should start in January and the production at Close-by supplier should start in May. The firm should source from a combination of one faraway supplier and one close-by…
Ch 11 Q10
Question 4 A report that could include number of cars which were returned in a month because of serious defects is: Key-indicator report Scheduled report Demand report Exception report
Question 5 Which pattern would you use in the following situation: you have a Product class which knows its own inventory. It should behave differently when it has inventory vs when it doesn't (e.g. a getPrice method returns "$5.99" or "Out of Stock"). Think about which class should be responsible for choosing the behavior in this case. 1) Strategy 2) Observer 3) State Question 8 MVC's big advantage is that you don't need to tie communications between a UI and a data model to a specific implementation. True / False?

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