A decrease in the price of a treewood equipment feller buncher, which is a commercial forestry machine made in the U.S. but not bought by U.S. consumers is an example of a positive supply shock.
Positive supply shock is an unexpected event that causes the supply of a good or service to increase, leading to a lower equilibrium price and an increase in equilibrium quantity. Examples of positive supply shocks are improvements in technology, decreases in the cost of production, favorable weather conditions, and government subsidies. Positive supply shocks are beneficial to the market, as they lead to an increase in supply, which in turn causes the price to fall, making the good or service more affordable and available to consumers.
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when opening an account with another broker-dealer, when must the registered representative notify the opening firm of their association with another broker-dealer?
If an account is open with another broker-dealer the representative should notify the opening firm as soon as possible.
Why should the notification be as soon as possible?Even if opening an account with another broker-dealer might seem insignificant for some, it can lead to a conflict of interest. Due to this, if an account is opened with a different broker-dealer notification should occur as soon as it is possible.
This will allow the parties involved to guarantee transparency, avoid future conflicts and comply with organizational rules.
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Hi can you please answer this question for me?
___________________________ is the interest that the bank pays you on the principal plus on the interest that you earned the preceding year
simple intrest
compound interest
complex interest
Answer:
compound interest
Explanation:
Compounding interest refers to the action of adding the interest earned in a period to the principal amount. This action increases the principal amount invested. In compound interest, both the principal amount and the interest earned increases every financial year.
Compound interest contrasts with simple interest, which is the interest earned on the principal amount only. Whereas compound interest amount increases every year, simple interest remains constant throughout the life of the investment.
Answer:
Compound Interest
Explanation:
If you are unhappy about the current transportation system, which of the following politicians will you vote for?
A. Politicians who advocates going to war abroad
B. Politicians who wants to improve roads and highways
C. Politicians who aim to improve the educational system
D. Politicians who suggest increasing the sales tax
Answer:
It would be B because these politicians would improve the roads and the means of transportation
The adjusted trial balance of Sheffield Corp. At December 31, 2020, includes the following accounts: Common Stock $17,900, Dividends $7,900, Service Revenue $37,700, Salaries and Wages Expense $16,300, Insurance Expense $2,000, Rent Expense $3,700, Supplies Expense $1,800, and Depreciation Expense $1,500.
Prepare an income statement for the year
Financial statements include the income statement. Additionally, it displays the company's financial performance for the time period by displaying the total revenue and subtracting the total expenses to get at the net income.
Amounts
Service Revenue $37,700
Less: Salaries and Wages Expense $16,300
Insurance Expense $2,000
Rent Expense $3,700
Supplies Expense $1,800
Depreciation Expense $1,500
Operating Income $16,300
Only the revenue and expenses for the period are shown in the income statement. One of a company's financial accounts, an income statement, commonly referred to as a profit and loss account, lists the revenues and expenses for a specific time period. It describes the process through which revenues are converted into net income or net profit.
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1. why might more competition in financial markets be a bad idea? would restrictions on competition be a better idea? why or why not?
Increased competition might motivate businesses to take bigger risks. Increased risk-taking may result in a financial market catastrophe and an economic crisis. So, increasing competition is not a good idea.
Competition limits would be a preferable idea because they may boost banking institutions' productivity, reduce the financial markets' incentive to take risks, and boost bank earnings.
"Barriers to entry" is a word used in economics and business to describe elements that may prevent or make it difficult for newcomers to enter a market or industry area, hence limiting competition. These could consist of exorbitant startup costs, administrative impediments, or other obstacles that make it challenging for new competitors to enter a market. Entrance restrictions benefit existing enterprises since they maintain their market share and profitability.
Some typical entrance barriers are high switching costs, great brand recognition, strong patent protections, special tax incentives for established enterprises, and special brand incentives. Another impediment is the need for new firms to obtain licenses or regulatory clearance before opening.
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a(n) ________ is the term used to describe the $1 million a mining company borrowed in order to purchase new equipment.
A "loan" is the term used to describe the $1 million a mining company borrowed in order to purchase new equipment.
A loan is a sort of financial agreement in which one party (the lender) gives another party (the borrower) money with the expectation that the borrower would repay the loan with interest over a set period of time. Loans can be used for a variety of purposes, including the purchase of new equipment, the expansion of a business, and the financing of a property purchase.
In this instance, if a mining business borrowed $1 million from a lender with the goal of using the funds to purchase new equipment, it would be deemed a loan. A loan agreement between the borrower and the lender would normally detail the loan terms, including the interest rate, repayment duration, and other conditions.
Loans come in a variety of forms, including secured and unsecured loans, fixed-rate and variable-rate loans, and short-term and long-term loans. The sort of loan obtained by the mining firm would be determined by factors such as its creditworthiness, the purpose of the loan, and the lender's conditions.
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excel provides _____ in categories such as financial management and budgets.
Excel provides Expenses in categories such as financial management and budgets.
Excel is a Microsoft Office application designed to carry out variation functions, including financial analysis.
Microsoft Excel can be used in many ways. When it comes to finances, it can be used for budgeting or costing before a product or project is made, where each expense is categorized under a different heading.
Microsoft Excel can also carry out a valuation of expenses made, with each expense listed under different categories.
Hence, in this case, it is concluded that Microsoft Excel is a vital tool in financial management.
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if i get 16 brainlest ill give u guys 136 points
Answer:
you get brainlyist by answering questions. not making them
Answer:
ill give u brainlest tete
Explanation:
a vendor-managed supply system relates to what customer service factor of a supply chain? multiple choice question. dependability communication time convenience
The customer service component of a supply chain is related to the time convenience of a vendor-managed supply system.
How does logistics management relate to customer service?Customer service is the result of all logistics procedures or supply chain operations, from the perspective of logistics. The earnings for the business are determined by the corresponding costs for the logistics system and the income generated by logistics services.
Customer, supply chain, and corporate data are sources for business software (CRM, SCM, and ERP).
What marketing channel enables customers to purchase things through multiple interactions?The consumer can purchase and receive products directly from the manufacturer through a direct distribution channel. A number of middlemen are used in an indirect route to deliver items from the manufacturer to the customer.
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Product A has completed the manufacturing process. The quality control team flags Product A for manufacturing defects. Why is the quality control team important in this scenario?
The quality control team is important in this scenario because they ensure that products manufactured by the organization meet or exceed customer expectations.
When a product is flagged for manufacturing defects, it means that it did not pass the quality control process. The quality control team uses different methods to detect any faults in the products. They then report to the production team who can make the necessary adjustments.
Without the quality control team, there is a high probability that defective products would be delivered to customers, resulting in customer complaints, returns, and lost sales.
The quality control team is responsible for quality assurance by checking the manufacturing process and ensuring that it is consistent, reducing the possibility of defects.
They also help to ensure that the organization complies with relevant regulations and standards in producing their products.
A quality control system helps to identify any deficiencies in the manufacturing process and helps the production team to refine their processes and improve the quality of the end products.
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what effective annual interest rate would be required if you wanted $5 million in 35 years and you deposited $500 per month assuming monthly compounding? (needs: nper, pmt, fv).
Based on the given information, an effective annual interest rate would be required is 9.71%.
Here it is assumed that compound interest is for 12 years,
nper = 35 x 12 = 420
As the monthly contribution is $500 given in the question, the total present value of the payments over the next 35 years is:
pmt = -$500 x 12 x 35 = -$210,000
The future value will be calculated on the accumulation of $5 million in 35 years,
fv = $5 million
To calculate the annual interst rate
RATE(nper,-pmt,0,fv)*12
RATE(420,-$210,000, 0, 5 million)*12
Rate =9.71%
Therefore, the interest rate would be 9.71%.
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Career management is a process by which individuals develop, implement, and monitor career goals and strategies (Greenhaus, Callanan, & Godshalk, 2019).
Q.6.1.1 Discuss six steps that can be used in the implementation of a career management system or process.
Career management system or process refers to the procedure used by individuals to develop, implement, and monitor career goals and strategies.
Six steps that can be used in the implementation of a career management system or process are as follows:
Step 1: Self-assessment The first step in implementing a career management system is to conduct a self-assessment. Self-assessment helps to identify personal strengths and weaknesses, values, interests, and skills. This information is crucial in identifying potential career paths, setting career goals, and developing career strategies.
Step 2: Setting career goals After conducting a self-assessment, the next step is to set career goals. Career goals provide a direction for individuals and help to motivate them. They are essential in developing a career plan and identifying the skills and knowledge needed to achieve the set career goals.
Step 3: Developing a career plan Once career goals are set, the next step is to develop a career plan. A career plan outlines the steps an individual needs to take to achieve their career goals. It includes identifying opportunities for skill development, seeking out relevant education or training, and developing a timeline for achieving career goals.
Step 4: Implementing the career plan The fourth step in implementing a career management system is to implement the career plan. This step involves taking action to achieve the goals set in the career plan. Individuals need to actively seek out opportunities for skill development, education, or training, as well as take steps to gain relevant work experience.
Step 5: Monitoring progress Monitoring progress is a crucial step in career management. It involves tracking progress against the career plan and making necessary adjustments. Monitoring progress helps individuals to stay on track and ensure that they are taking steps towards achieving their career goals.
Step 6: Reassessing and adjusting career goals Finally, individuals need to reassess and adjust career goals as necessary. As individuals gain new skills and experience, their career goals may change. It is essential to be flexible and adjust career goals accordingly.
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Help please! Will mark brainliest!
Which of these job descriptions is least likely to fall under an events' manager?
Answer:B or D!
Explanation:
I say this because of the descriptions but its your choice.
which type of loan provides short-term financing for the purpose of developing improvements on vacant land or on land that has improvements, but will soon have more?
The type of loan that provides short-term financing for the purpose of developing improvements on vacant land or land that will soon have more improvements is commonly known as a "construction loan" or "land development loan."
Construction loans are typically used by developers or individuals to fund the construction or development of a property. These loans provide financing for the construction process, including the costs associated with land preparation, building materials, labor, and other related expenses. The loan is usually disbursed in stages or draws, as construction milestones are met.
Land development loans specifically focus on financing the development of raw or vacant land into a more developed state. This can involve activities such as site preparation, infrastructure development, grading, utility installations, and other improvements necessary for future construction or use.
Both construction loans and land development loans are usually short-term in nature, as they are designed to be repaid or refinanced once the construction or development is completed. The borrower may then seek long-term financing, such as a mortgage, to pay off the construction loan or land development loan.
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Refer to exhibit 24-7. the maximum profits earned by a single-price monopolist producing good x are
Answer:
$4,500
Explanation:
hope i helped :)
One column of numbers consists of 28,42, and 14. When the digits of the numbers are added together, the result is 2+8+3+2+1+4+4=21, and when the digits of 21 are then added together, the end result is 2+1=3. If the same process is performed on the numbers in a second column, what can be concluded?
Answer:
D. If the end result from the second column is not 3, then the sum of the numbers in the first column is not equal to the sum of the numbers in the second column.
Explanation:
From the list of given options (see the comment section for options a - d), option (d) is correct.
To answer this question, we need to analyze each of the options
For (a):
The sum of numbers in both columns may be equal even if they are different.
Take for instance, the numbers in the second column is: 82, 42 and 14.
We have:
\(8+2+4+2+1+4=21\)
\(2 + 1 = 3\)
So, (a) is incorrect
For (b):
As shown in (a) above,
If both column contain the same numbers, then definitely the end result will be the same. So option (b) is incorrect and impossible
For (c):
This is not true.
In the first column, we have the sum of the first process to be 21 which ends up giving 3 (i.e. 2 + 1 = 3).
The result of the second column can be 12 which also gives 3 i.e. 1 + 2 = 3 (and 12 is not equal to 21)
So, (c) is also incorrect
For (d):
This is the only true option
If the end result is not three, then the results of the first process is not the same for both columns.
Answer:
If the end result from the second column is not 3 then the sum of the numbers in the first column is not equal to the sum of the numbers in the second colemn
Explanation:
For me it was B but read very closly
when a company provides services on account, the transaction would affect the balance sheet by increasing: multiple choice service revenue. deferred revenue. accounts receivable. cash.
The transaction would affect the balance sheet by increasing accounts receivable when a company provides services on account.
What is the meaning of Account Receivable?
Account receivable means the amount of money that is owned by customers to a company in exchange for goods or services that they have already taken but not yet paid for.
The term account receivable is used in accounting that depicts an account in the company's balance sheet as a current asset, representing the amount owed to the company by the customers or clients for products or services rendered on credit.
These are treated as an asset because the company has a legal claim on them and will, therefore, be expected to collect them in the future.
What are the different types of accounts in accounting?
There are different types of accounts in accounting such as: Asset accounts, Liability accounts, Equity accounts, Revenue accounts, Expense accounts.
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When a company provides services on account, the transaction would affect the balance sheet by increasing accounts receivable.
Accounts receivable is the amount of money that a business has a right to collect from its clients. It is created when the company provides goods or services to a client on credit, allowing them to pay for the goods or services later, frequently within 30-60 days. The account receivable is shown as a current asset in the company's balance sheet. When a company provides services on account, it will raise the accounts receivable account.
The other alternatives for the question are also explained below:
Service revenue: Service revenue is the revenue earned by a business that provides services to its clients. When a business renders a service, it is regarded as an income-generating activity. Therefore, when a company provides services on account, it increases its service revenue account.
Deferred revenue: Deferred revenue is an account that represents revenue that has been received by a company but has not yet been earned. It usually happens when a client pays for a service or product that will be delivered in the future. When a business receives money in advance, it creates deferred revenue.
Cash: Cash is an account that reflects the money available to a business in hand, at a bank, or other financial institutions. When a company provides services on account, it does not affect the cash account, since no cash is being collected at that moment. The correct option is accounts receivable.
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PLZZZ HELP!!!
Part B
Imagine that you were the boss of the employees in these cases, and develop a list of at least five rules for appropriate behavior on social media that all employees must follow.
Part C
Finally, explain how you’ll personally avoid risky behaviors on social media, or how you can personally follow the rules so that you don’t put your own career at risk because of inappropriate social media posts.
Answer:
yes
Explanation:
Social media. A platform originally built to allow individuals to keep in touch and socialize with a small community of friends has become a forum for discussions as frivolous as kittens and as internationally significant as world leaders in a flame war. Those conversations are no longer limited to people on the same campus, or even in the same countries, nor are they limited to individuals. Organizations realized the reach and significance of social media around the same time as content marketing became a way to offer advice and best practices for free to people who would be drawn to your company and ultimately convert to customers and brand evangelists.
Answer: (Answers may vary.) Part B
These are my five rules for appropriate behavior for employees:
Do not use offensive language online.
Do not discuss your negative opinions, frustrations, or problems about work online.
Do not express any racist, sexist, or prejudiced opinions in general online.
Do not criticize your colleagues and customers of the company online with regard to their work.
Do not spread rumors or gossip about colleagues and customers online.
Part C: My Answer
I'll Avoid risky behaviors on social media buy conducting myself in a professional manner at all times, that way i avoid embarrassing myself and my company's reputation.
(Edmentum Answer)
I’ll set all of my social networking accounts to private and only accept friend requests from people I know well. I won’t use offensive language online. I won’t express any racist, sexist, or prejudiced opinions. I won’t rant about customers, no matter how upset I may be with them. I won’t talk about negative experiences or opinions about my work online. Instead, I’ll discuss my problems with the right people (management, human resources, supervisors, or co-workers). I’ll speak respectfully about my colleagues and superiors.
Explanation: Edmentum Sample Answer, And my Answer
In two paragraphs, What product or service will your company provide? What need of the customer will it fill? What were some things you noticed about this episode of Shark Tank? Go in-depth. This is a good example of how start up companies have to pitch their ideas to investors.
We can actually see here that the service that my company will provide is vehicle hiring service. The need of the customers that it will fulfill is the ability to hire vehicles on the go seamlessly.
What is a company?A company is actually known to be an establishment that is known to be a producer of a particular product or service for their targeted customers. Companies are known to have products or services they render to their customers. These products and services are known to be purchased by their target market.
We see here that for my company, our services is to provide customers with available vehicles to hire/charter on the go.
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name two methods used to measure inequality of income in a country
The most commonly used inequality measure are the Gini coefficient ( based on Lorenz curve ) and the percentile or share ratios. This measures try to capture overall dispersion of income; how were they tend to people different leavles of importantance on the bottom middle and top end of distribution .
I hope it is helpful for you .
What are three important things to consider when choosing a college 
Answer:
Best of luck!
Explanation:
1. I would look into their funs if you can, like find out which part of the school gets the most money
2. tuition, dorms, start your FAFSA if you haven't already, look to see if they have your program, degree and major/minor of choice
3. tour the school!!
For what reasons would people pay close attention to what James said in a letter?.
Answer:
is this a Bible question?
ayuda pleacer pleacer para hoyyyy
Answer:
Coati o Mapache mexicano
Tecolote
Lobo mexicano
Vaquita marina
Perrito de la pradera mexicano (Cynomys mexicanus)
Amazona o lobo de cabeza amarilla
Ajolote
Tortuga marina
Ocelote
Quetzal
PLANTAS:
Nochebuena
Cempasúchil
Zapatilla de Venus
Magnolia pacífica
Peyote
Peyotillo
Nopal Cardon
Dalia
Agave
Biznaga
Espero haberte ayudado :)
which type of thinking would best facilitate generation of numerous potential solutions for a problem the team is facing? group
Lateral type of thinking would best facilitate generation of numerous potential solutions for a problem the team is facing .
Option B is correct .
How does lateral thinking work?Horizontal thinking, also known as lateral thinking, is a method of ideation in which designers employ disruptive or obscure reasoning to solve problems. They think outside the box and approach problems from completely new perspectives using creative and indirect methods, gaining insights that aid in the search for novel solutions. A method of problem-solving through indirect and imaginative reasoning that goes beyond the obvious is known as lateral thinking. It involves concepts that might not be possible to come up with using only conventional logic in steps.
What is an illustration of lateral thought?Because they use logical, easy steps, following a recipe or solving a math problem are examples of lateral thinking. It works best for more complicated problems where there isn't a quick fix.
Question is incomplete , missing part is given below :
which type of thinking would best facilitate generation of numerous potential solutions for a problem the team is facing? group of choices
A. conventional thinking
B. lateral thinking
C. Critical thinking
D. logical thinking
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There are three reasons why people demand money: for use in transactions, for precautionary reasons (meaning in case of emergencies) and for speculative safety (meaning in case some investments drop in value). Give an example of a time when you demanded money for each of these reasons. Describe the specific circumstances of your demand for money
Example of each reason why people demand money:
1. Transactional Demand: I know a friend who demanded money when he went to a store to buy groceries. He needed cash to pay for his purchase, as the store didn't accept credit cards or any other forms of payment. In this case, the demand for money was purely for the purpose of conducting a transaction.
2. Precautionary Demand: I have heard of people demanding money for precautionary reasons, such as for unexpected medical expenses. For instance, a family member of mine demanded money for emergency dental work after suffering from an acute toothache. The money was needed to pay for the dental procedure, which was unexpected and not covered by insurance.
3. Speculative Demand: A colleague of mine once demanded money for speculative safety. He invested a significant amount of money in the stock market and saw a drop in the value of his investments. He demanded money to secure his investments, hoping that the value would eventually rise again. In this case, the demand for money was based on the expectation of future gains.
examples for each of these reasons based on a hypothetical scenario.
1. Transactions demand: Suppose someone needs to buy groceries to prepare meals for the week. In this case, they demand money to make the necessary purchases at the grocery store. Their demand for money is directly related to the cost of the groceries they need to buy.
2. Precautionary demand: Imagine that this person is aware that their car is old and might break down unexpectedly. To be prepared for such a situation, they set aside some money as a precautionary measure, allowing them to cover any repair costs that may arise. Their demand for money in this case is to have a safety net in case of emergencies.
3. Speculative demand: Lastly, consider that this person has some extra money saved and wants to invest in the stock market. However, they are unsure about market conditions and want to hold on to some cash in case better investment opportunities arise, or if their current investments lose value. Their demand for money in this instance is to have a financial cushion to respond to potential changes in the investment landscape.
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tiptop property management is considering a project that has an npv of $18,500, an irr of 13.2 percent, and a payback period of 3.2 years. the required return is 12.8 percent and the required payback period is 3.0 years. which one of the following statements correctly applies to this project? a) the net present value indicates accept while the internal rate of return indicates reject. b) payback indicates acceptance. c) the payback decision rule could override the accept decision indicated by the net present value if liquidity is a primary concern. d) the payback rule will automatically be ignored since both the net present value and the internal rate of return indicate an accept decision. e) the net present value decision rule is the only rule that matters when making the final decision. group of answer choices
The correct statement for property management is c) The payback decision rule could override the accepted decision indicated by the net present value if liquidity is a primary concern.
With a needed return of 12.8%, the project's net present value (NPV) of $18,500 shows that the present value of anticipated future cash inflows exceeds the present value of anticipated future cash outflows by $18,500. Since the NPV is positive, the project ought to move forward. The necessary return is 12.8%, whereas the internal rate of return (IRR) is 13.2%. This shows that the cash inflows for the project are yielding a return greater than the required rate, which is encouraging. As a result, the IRR concurs with the project's approval.
The 3.2-year payback term for property management is longer than the statutory 3.0-year payback period. This indicates that the project's payback term is longer than the company's targeted payback period. The repayment decision rule, however, may take precedence over the NPV and IRR if liquidity is the main concern, and the corporation may decide to accept the project based on the payback term.
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parts $ 19,500 rent for retail store 4,900 depreciation on marketing department's computers 780 assembly line workers' salaries 2,950 ceo's salary 4,450 screws (indirect materials) 1,150 salespeople's salaries 2,400 additional parts 7,800 depreciation on machines 1,550 factory utilities 850 janitorial supplies 900 required: determine the cost of direct material. determine the cost of direct labor. determine the cost of manufacturing overhead. determine the total manufacturing cost. determine the total period cost.
The total period cost is the sum of the total manufacturing cost and other expenses such as the CEO's salary at $4,450, the salespeople's salaries at $2,400, and additional parts at $7,800, which brings the total period cost to $33,950.
The cost of direct materials is the cost of screws which is $1,150. Direct labor is the cost of assembly line workers' salaries which is $2,950. Manufacturing overhead consists of depreciation on the marketing department's computers ($4,900), depreciation on machines ($7,800), factory utilities ($1,550), and janitorial supplies ($900), bringing the total manufacturing overhead cost to $15,150.
The total manufacturing cost is the sum of the direct materials, direct labor, and manufacturing overhead, which is $19,300. The total period cost is the sum of the total manufacturing cost and the CEO's salary ($4,450), salespeople's salaries ($2,400), and additional parts ($7,800), which is $33,950.
Direct materials are the raw materials used to produce goods. In this example, direct materials consist of the screws purchased for $1,150. Direct labor refers to the costs of hiring workers to directly produce the goods. In this example, direct labor consists of the salaries of the assembly line workers at $2,950.
Manufacturing overhead consists of all costs associated with the production of the goods, aside from direct materials and direct labor. This includes the depreciation of the marketing department's computers at $4,900, the depreciation of machines at $7,800, factory utilities at $1,550, and janitorial supplies at $900, bringing the total manufacturing overhead to $15,150.
The total manufacturing cost is the sum of direct materials, direct labor, and manufacturing overhead, which comes to $19,300. The total period cost is the sum of the total manufacturing cost and other expenses such as the CEO's salary at $4,450, the salespeople's salaries at $2,400, and additional parts at $7,800, which brings the total period cost to $33,950.
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a family farm that has been passes down from generation to generation is an example of an event in a
command economic system
traditional economic system
mixed-market economic system
pure market economic system
Answer:
Traditional economic system
Explanation:
It is being passed down from generation to generation
Why is the meeting between all project stakeholders and key players scheduled as the final step in the planning phase?
a. so there is time to fine-tune the statement of work
b. the budgets and timelines need to be finalized before stakeholders and key players can understand the scope of the projects and their role within the project
c. to make sure that everyone has availabillity on their calendar
d. to give the client time to finalize their requirements for the project
the final step in the planning process is the gathering of all project stakeholders and key figures, which allows time to polish the statement of work. As a result, choice (A) is the right one.
What is meant by planning phase?The essential project planning activity is the primary emphasis of the planning phase. For an IT project to be successful, proper thorough project planning is crucial, and poor project planning and analysis are typically the main reasons projects fail.
The majority of project planning is done as part of the PMBOK Integration Management effort, which includes outlining the procedures required to recognize, categorize, integrate, and coordinate each project activity for a successful project deployment.
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which sector require joint or collaborative works in our communities
Answer:
Collaborative working can last for a fixed length of time or can form a permanent arrangement. What these options have in common is that they involve some sort of exchange, for mutual advantage, that ultimately benefits end users.
Types of collaborative working
Separate organisations maintain their independence, but work jointly on some activities or functions
Organisations with resources or expertise offer assistance to other organisations, eg a large national organisation working with a small local group
A new organisation to do joint work on some activities or functions
A group structure where a 'parent' organisation governs a group of 'subsidiary' organisations
Merger to form a new organisation working as one body on all activities
Explanation: