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What else can I help you with?
What is the difference in a partner and a principal of a firm?
The difference in a partner and principal of a firm is huge. A partner is an equal and a principle is the boss.
Where is the location for vintage electric?
Vintage Electric is a reputable electrical contracting firm that is based in Gainesville, Florida. They are located at 2421 North West 71st Place, Gainesville, Florida 32653
What do capacity costs allow a firm to do?
Capacity costs (committed costs) give a firm the capability to produce or to sell,
What considerations determine the hiring of an outside business to perform needed services for a firm?
how frequently the service is needed, the specialized knowledge required, and the relative costs of providing the service internally versus contracting
Are those costs which firm has no control?
Costs which are affected by inflation
The practice of contracting custom software development to an outside firm is commonly referred to as?
OutSourcing
what is the term used for contracting with other companies to do some or all of the functions of a firm?
'Secondment'.
T or F - A firm whose principal strategy is to achieve low price leadership in an industry will need to continue to focus on driving costs of goods sold down to maintain its margins?
t
What categories of costs combine to create a firm's total cost?
A firm adds its fixed costs and capable costs to determine its todal cost at each level of output.
The costs of a firm that are paid directly in money are called?
Explicit costs!
What is the difference between an agency and principal trade?
An agency trade is when a firm buys or sells a security on behalf of a client to a third party. They will usually collect a commission for this service. During this transaction the firm does not own the security itself. A principal trade is when a firm buys or sells securities from their own account. Anytime the firm is buying or selling from within their own inventories, it is a principal trade. -Will Storey.
What is a principal in a law firm?
A principal in a law firm is the natural or legal person that gives the authority to partners in their firm to enter a single or multiple legal relationships with third parties. This usually falls under the commercial law branch known as agency.
