That bearer bonds are bonds with coupons attached that are redeemable by whoever has the bond. This feature makes them transferable and anonymous, as the issuer does not need to keep track of the bondholder's identity.
Bearer bonds are unregistered bonds that are not recorded in the name of a specific owner. Instead, they are payable to whoever holds the physical bond certificate. Bearer bonds typically have coupons attached, which are detachable pieces of paper that represent the periodic interest payments on the bond.
The bearer of the bond can redeem these coupons for cash at specific intervals. Because bearer bonds are not registered in the name of a specific owner, they are often used for illicit purposes such as money laundering or tax evasion. However, many countries have outlawed bearer bonds to combat these illegal activities.
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BBC Inc. needs to quote a price at which it will sell oatmeal to a large supermarket chain next year. It can limit the risk from an increase in the price of oats next year by
A) taking short positions in oat futures.
B) taking long positions in oat futures.
C) taking long and short positions in oat futures with the same expiration date.
D) taking long and short positions in oat futures with different expiration dates.
The correct option is B) taking long positions in oat futures. To limit the risk from an increase in the price of oats next year, BBC Inc. can take short positions in oat futures.
By taking short positions, the company can sell oat futures contracts, allowing them to profit if the price of oats decreases in the future. This strategy helps offset any potential losses from a price increase in the physical oatmeal market. When BBC Inc. takes short positions in oat futures, it essentially agrees to sell a certain quantity of oats at a predetermined price and date in the future. If the price of oats rises, the company can purchase the physical oats at the lower market price and deliver them according to the agreed-upon futures contract, thus mitigating the risk of higher prices. By using this strategy, BBC Inc.
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Jase earns $5. 00 per lawn mowed and $5. 00 per car washed. Let m be the number of lawns mowed and let c be the number of cars washed. Select all the expressions that could represent the total earned, in dollars, by jase.
The expressions that could represent the total earned, in dollars is E= 5(m+c), m lawns mowed = 5m and c car washed is 5c.
The definition of total earned is the sum of all incoming funds obtained by the business through the sale of goods or services. Total revenue is computed by expression of multiplying the average sales price per item or unit by the quantity of items or units sold.
Total earned does not include any costs that are directly connected to the price of producing the good, the cost of providing the good or service, or any general operational costs like wages, taxes, or utilities. The following is an illustration of a company's whole revenue.
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Max is using a search engine to do research on trends in his industry when he comes across a website that isn’t necessarily related to his research–but is interesting and engaging. Without realizing it, Max spends over an hour browsing through the webpage’s numerous articles and links. When his boss asks him if his research report will be ready by the end of the day, Max isn’t sure how to respond. He’s hardly done any work–but it’s not like he was purposely avoiding work. He was using the search engine for the purpose of research, after all. It’s not his fault that the search results weren’t very relevant. Max is considering asking his boss for an extension on his deadline so that he can spend more time researching. What do you think? What should Max do?
In this situation, Max has to first give his boss some advance notice that he wont be able to complete the report before deadline, explain himself briefly as to why that is, then ask for more time to be able to complete the task.
What is a deadline?A deadline indicates that a task or project is anticipated to be finished by that date and time. There is a clear expectation of what must be provided and by when thanks to deadlines. Employees are able to take charge of their work in this way and include deadlines into their time management techniques.
It's critical to schedule deadlines in advance because your work may be delayed. Recognize that some resources might be delayed and that some people might not be available. You may prevent the disaster of missing a deadline by making plans in advance.
Deadlines are crucial in business for a variety of reasons. They establish standards and encourage productive behavior in the workplace.
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why silicon valley bank fails after run by venture capital customers?
The question seems to be asking why Silicon Valley Bank fails after being run by venture capital customers. However, this statement is incorrect, as Silicon Valley Bank (SVB) is a well-established, successful financial institution that primarily serves technology and life sciences companies, venture capital firms, and private equity firms.
SVB has not failed and continues to operate successfully by providing financial services, including loans, credit, and banking solutions, to its target market. The bank focuses on understanding the unique needs of its clients in the innovation sector and tailors its services accordingly. Its close relationship with venture capital firms and customers has actually been a significant factor in its success.
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Dawn walks into a customer's office with her sales presentation planned and immediately recognizes that the customer is upset about something. In this situation, Dawn should Dawn walks into a customer's office with her sales presentation planned and immediately recognizes that the customer is upset about something. In this situation, Dawn should:
a. maintain a happy and cheerful demeanor.
b. sit down immediately and begin the presentation.
c. All of the answers are correct.
d. say something funny in an attempt to lighten the customer's mood.
e. ask if she should come back some other time for the meeting.
The Corbit Corp. sold merchandise for $10,000 cash. The cost of the goods sold was $7,590. The journal entries to record this transaction under the perpetual inventory system would be
a.
Cash 10,000
Sales 10,000
Cost of Goods Sold 7,590
Inventory 7,590
b.
Cash 7,590
Sales 7,590
Cost of Goods Sold 7,590
Inventory 7,590
c.
Cash 10,000
Sales 10,000
Cost of Goods Sold 10,000
Inventory 10,000
d.
Cash 10,000
Inventory 10,000
Cost of Goods Sold 7,590
Sales 7,590
Answer:
a. Cash 10,000
Sales 10,000
Cost of Goods Sold 7,590
Inventory 7,590
Explanation:
Based on the information given if the company
sold merchandise for the amount of $10,000 cash in which The cost of the merchandise sold was the amount of $7,590. The appropriate journal entries to record this transaction under the perpetual inventory system would be to Debit Cash for $10,000; Credit Sales for $10,000 and to Dr Cost of Goods Sold for $7,590; Credit Inventory for $7,590.
Dr Cash 10,000
Cr Sales 10,000
Dr Cost of Goods Sold 7,590
Cr Inventory 7,590
bauer inc. has $2,050 of assets and $2,995 of sales. its operating costs are $2,701, including $31 of lease payments, $450 of depreciation, and $500 of amortization charges. its total current liabilities are $315, consisting of $265 of accruals and $50 of notes payable. its long-term debt is $850, and its interest charges are $125. the firm's debt includes all short-term and long-term interest-bearing debt, but it does not include operating items such as accounts payable and accruals. what is bauer's times-interest-earned (tie) ratio?
Bauer Inc.'s TIE ratio is 2.35, indicating it generates sufficient earnings to cover interest payments, with a low risk of defaulting on debt obligations.
To calculate Bauer Inc.'s times-interest-earned (TIE) ratio, we need to first determine the company's earnings before interest and taxes (EBIT), which is calculated as follows:
EBIT = Sales - Operating costs (excluding interest and taxes)
EBIT = \(\$2,995 - \$2,701\)
EBIT = $294
Next, we can calculate the TIE ratio using the following formula:
TIE ratio = EBIT / Interest charges
TIE ratio = \(\$294 / \$125\)
TIE ratio = 2.35
Therefore, Bauer Inc.'s times-interest-earned (TIE) ratio is 2.35. This indicates that the company's earnings are more than twice the amount of its interest charges, suggesting that the company has a relatively low risk of defaulting on its debt obligations due to insufficient earnings.
The times-interest-earned (TIE) ratio is a financial ratio that measures a company's ability to meet its interest payments on outstanding debt. Divide a company's earnings before interest and taxes (EBIT) by its interest charges to get the TIE ratio. A higher TIE ratio indicates that a company has a greater ability to pay its interest expenses from its operating income, while a lower TIE ratio suggests a higher risk of defaulting on its debt obligations.
In Bauer Inc.'s case, its TIE ratio of 2.35 indicates that the company is generating sufficient earnings to cover its interest payments. The TIE ratio of 2.35 means that Bauer Inc. is generating $2.35 in earnings before interest and taxes (EBIT) for every $1 in interest expense. This level of TIE suggests that Bauer Inc. has a relatively low risk of defaulting on its debt obligations due to insufficient earnings.
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help fast! Ed and Maria’s gross monthly income is $3,700 and monthly debt is $2,500. What is their debt-to-income ratio to the nearest percent?
A. 53%
B. 68%
C. 82%
D. 25%
Answer:
C. 68
Explanation:
Which statement includes one real benefit from shopping with a credit card? *
1 point
You may earn cash back, travel rewards, or other perks for each dollar you spend
Most stores will give you a discount if you pay with credit instead of cash or debit
It pulls money directly from your bank account, preventing you from overspending
If you do not have the money to pay your monthly bill, you can just wait a few months and pay the same amount then
The statement which includes one real benefit from shopping with a credit card is:
A. You may earn cash back, travel rewards, or other perks for each dollar you spendA credit card is a payment card that is authorised by a financial institution which allows the owner of the card to make purchases based on his available card debit limit
There are various benefits to using a credit card which include:
A user can earn rewards or cash back when he spends with his credit cardA thief would not be able to successfully use a stolen credit cardIt is easier to make disputes on a transaction, etcTherefore, the correct answer is option A
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Which of the following is one of the three aspects of leadership that stand out?
O a. A company's external environment
O b. Fixed assets
O c. Goals
O d. A company's working capital
The hartley clinic purchased a new surgical laser for $9000. The estimated salvage value is $5000. The laser has a useful life of five years and the clinic expects to us it $10000 hours. It was used 1600 hours in year 1; 2200 hours in year 2; 2400 in year; 1800 hours in a year; 2000 hours in year 5
Answer and Explanation:
The computation is shown below:
Years Straight line Units of production
Year 1 ($90,000 - $5,000 ÷ 5) 1,600 × 8.5 = $13,600
= $17,000
Year 2 $17,000 2200 × 8.5 = $18,700
Year 3 $17,000 2400 × 8.5 = $20400
Year 4 $17,000 1,800 × 8.5 = $15,300
Year 5 $17,000 2000 × 8.5 = $17,000
Total $85,000 $85,000
The 8.5 come from
= ($90,000 - $5,000) ÷ (10,000 hours)
= 8.5
hence, the units of production would be most appropriate
Please help!! Unit test question 50 pnts!!!! Kyle is applying to be a police officer. In his interview, he describes that he loves watching the news and following current cases. He explains that he is honest, caring, compassionate, and has a very deep sense of integrity. He then explains that he is in excellent physical condition and trains regularly in hand-to-hand combat. He tells them that he is a member of the Police Explorers, a group that trains and rides along with the local police. He also tells them that he graduated at the top of his class and was a state finalist on the mock trial team. Which table accurately lists Kyle’s personal interests, skills, achievements, values, and experiences? A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries grades and mock trial finalist; physical condition and training; following cases on the news; honest, caring, compassionate, has integrity; Explorers. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries grades and mock trial finalist; honest, caring, compassionate, has integrity; Explorers; physical condition and training; following cases on the news. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; physical condition and training; grades and mock trial finalist; honest, caring, compassionate, has integrity; Explorers.
The table is A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers. The correct option is (B).
What do you mean by skills, interest?Passion (or Interests): Do I enjoy engaging in this activity? something that you enjoy doing? Is this an activity I have the talent (or skills) for?
There are three categories of skills: self-management, functional, and specialised knowledge. Functional skills are innate aptitudes or capabilities that are refined through practice and education.
Therefore, the table accurately lists Kyle’s personal interests, skills, achievements, values, and experiences is A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers.
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What is the most common way the Federal Reserve attempts to increase capital investment?
A.) lower tax rates
B.) increase buying bonds
C.) increase loanable funds
D.)lower interest rates
Answer:
D
Explanation:
If they lower interest rates. Consumers borrow and buy more making and increasing expansion of capital investments
Hope this helps
The Federal Reserve commonly attempts to increase capital investment by lowering interest rates, which makes borrowing more affordable and encourages businesses and individuals to invest and spend money.
The most common way the Federal Reserve attempts to increase capital investment is by D.) lowering interest rates. By reducing interest rates, the Federal Reserve aims to make borrowing more affordable for businesses and individuals, thereby encouraging them to invest and spend money.
Lower interest rates can incentivize businesses to take out loans for expansion, invest in new projects, and stimulate economic activity. This policy is a tool used to influence economic growth and investment within the country.
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you just added a feature to your website allowing users to sign up for a newsletter. now, you want to mark new sign-up events as conversions and create an audience for people who signed up. what part of your analytics 4 property helps you manage events, conversions, and audiences?
The part of your analytics 4 property that can helps you manage events, conversions, and audiences is option B: Configure.
What does Go ogle Analytics settings entail?Go ogle Analytics is a tool that gathers information from your apps and websites to provide reports that give you insights into how well your business is doing.
Through a robust user interface, client libraries, and APIs divided into the four primary categories of collection, configuration, processing, and reporting, developers can interact with and affect processing.
Therefore, in Configuration, Accounts, properties (only for Universal Analytics), views, and other Go ogle Analytics entities can all be created, accessed, and managed programmatically.
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See full question below
You just added a feature to your website allowing users to sign up for a newsletter. Now, you want to mark new sign-up events as conversions and create an audience for people who signed up.
What part of your Go ogle Analytics 4 property helps you manage events, conversions, and audiences?
Explore
Configure
Admin
Advertising
When an entrepreneur makes the decision to own and run a business, he or she assumes risks that are offset by the potential of ________.
When an entrepreneur makes the decision to own and run a business, he or she assumes risks that are offset by the potential of earning a profit.
Who is an entrepreneur?This is the person that is referred to as the one that opens and runs a business for the sake of making gains which is referred to as profit.
The entrepreneur is a person that is interested in being able to come open and run a business and also manage the risks that are involved in the business. Such a person is innovative in nature and they are able to take risks.
Hence When an entrepreneur makes the decision to own and run a business, he or she assumes risks that are offset by the potential of earning a profit.
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a
3 Discuss a method that a business owner may use to reduce
the level of risk in the running of their business.
Answer:
Know the law. ...
Document everything important. ...
Hire significant employees. ...
Build your reputation. ...
Protect your data.
here are some ways
server virtualization offers significant cost savings because _____.
It enables the running of several virtual servers on a single physical server, lowering hardware costs and enhancing server utilization. Virtual servers may also be quickly added, relocated.
or scaled, allowing for greater flexibility and more effective server administration. Furthermore, virtual servers may be separated from one another, decreasing downtime caused by software or hardware issues and increasing security. All of these advantages contribute to the cost reductions realized by server virtualization. The market-clearing price and quantity. At this price and quantity, the quantity delivered equals the quantity sought. virtual servers may be separated from one another, decreasing downtime caused by software or hardware issues and increasing security.
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Discuss whether or not growth of an industry will increase the profit earned by the firms in the industry.
Answer: Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.
Explanation:
Industries have their various activities, competition, customers (both prospective and existing). A growth in industry would mean that there is a larger demand for what is been sold in that industry, and when the demand is high, their would be lack, which would create that gap and allow marketers or producers get more profit, based on the high demand now. Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.
Econ please helppp :(((((
Answer:
Pure competition
Explanation:
Pure competition refers to an ideal market with very many suppliers selling an identical product. Because the sellers are many, none of them can influence the price. Pure competition is also the perfect competition. Other characteristics of perfect competition include.
easy to enter and exit the market since there are no trade barriersAll sellers sell a homogeneous productall sellers are price takersThere are many buyers.Buyers have sufficient knowledge of prices and suppliers.Try 2: Suppose $5000 is invested at an annual interest rate of 6.75% for a period of 10 years. Compute the future value of the investment if the interest is compounded annually, semiannually, quarterly, weekly, monthly, and continuously.
To calculate the future value of an investment with different compounding periods, we can use the formula for compound interest:
Future Value (FV) = P(1 + r/n)⁽ⁿᵗ⁾
Where:
P = Principal amount (initial investment)
r = Annual interest rate (as a decimal)
n = Number of times the interest is compounded per year
t = Number of years
Let's calculate the future value of the $5000 investment with different compounding periods:
= 6.75% or 0.0675 (as a decimal)
t = 10 years
FVannually= $5000 * (1 + 0.0675/1)⁽¹*¹⁰⁾ = $5000 * (1.0675)¹⁰ ≈ $8944.45
2. Compounded Semiannually:
n = 2 (compounded twice a year)
r = 6.75% or 0.0675 (as a decimal)
t = 10 years
FVsemiannually= $5000 * (1 + 0.0675/2)⁽²*¹⁰⁾ = $5000 * (1.03375)²⁰ ≈ $8984.73
3. Compounded Quarterly:
n = 4 (compounded four times a year)
r = 6.75% or 0.0675 (as a decimal)
t = 10 years
FVquarterly= $5000 * (1 + 0.0675/4)⁽⁴*¹⁰⁾ = $500
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What would be the net present value of a microwave oven that costs $159 and will save you $68 a year in time and food away from home
Answer:
159 - 68 = 91
Explanation:
Oucation 6 of 25
The need to get goods from producera to consumers raimes which of the
following bowie queations?
O A. How are goods and services to be distributed?
O B. What is to be produced?
O C. How is production to be organized?
O D. What is the most effective allocation?
Answer:
A. How are goods and services to be distributed?
Explanation:
After the manufacturing of the goods, the process of distribution proceeds. In this process, the goods and services produced are distributed from the producers to the consumers. Transportation, packaging, storage, and advertising are some of the processes that lie between the production and distribution of the products.
According to the given options, the basic question to be asked related to the distribution of the produced goods is option A. All the other three questions belongs to the production stage.
Answer:
How are goods and services to be distributed?
Explanation:
took the test
Assets:
Land $114,000
Long-term Investment in Stock $36,000
Notes Receivable (due in 3years) $26,000
Accounta receivable $24,000
Cash $26,000
Prepaid expenses $10,800
Supplies $10,200
Inventory $55,000
Intangible Assets $15,000
Trucks $46,000 Accumulated depreciation $12,000
Liabilities and Equity
Accounts payable $62,000
Wages payable $21,000
Interest payable $24,000
Notes payable (due in 9 years) $34,000
Mortgage payable (due in 20 years) $84,000
J. Carter, Capital $126,000
Tableau DA 4-1: Quick Study, Classifying balance sheet items LO C1 [similar to QS 4-12] The CEO of Jisko requests our help in preparing year-end financial reports. The CEO explains that they are having difficulty classifying accounts. The Tableau dashboard shows December 31 year-end data from the company's accounting system. 1. Identify the company's current assets and their amounts. 2. Identify the company's current liabilities and their amounts. 3. Calculate the total amount reported for plant assets on the balance sheet. Complete this question by entering your answers in the tabs below. Identify the company's current assets and their amounts.
Based on the information provided, the company's current assets and their respective amounts are as follows:
Cash: $26,000
Accounts Receivable: $24,000
Prepaid Expenses: $10,800
Supplies: $10,200
Inventory: $55,000
The total current assets can be calculated by adding up the amounts of these individual assets:
Total Current Assets = Cash + Accounts Receivable + Prepaid Expenses + Supplies + Inventory
Total Current Assets = $26,000 + $24,000 + $10,800 + $10,200 + $55,000 = $126,000
Therefore, the company's total current assets amount to $126,000.
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Do you think that employers have a right to judge an applicant attitude when hiring? Give a reason for your answer
Market penetration pricing and market skimming pricing are typically used at which stage of a product’s life cycle?
A. introduction
B. growth
C. maturity
D. decline
E. ideation
Answer:
A. introduction
A wholesaler delivers makeup to supermarkets, sets up the items on racks,
and keeps track of inventory. This is an example of a
A. manufacturer's sales branch
B. truck jobber
C. rack jobber
D. drop shipper
Answer:
c. rack jobber
Explanation:
A wholesaler delivers makeup to supermarkets, sets up the items on racks, and keeps track of inventory. This is an example of a rack jobber. Hence, option C is correct.
What is wholesaler delivers?A wholesaler's main duty is to improve the efficiency of the supply chain for the gain of producers, distributors, and end consumers. At the same time, wholesalers help distributors manage their assets more efficiently.
Between a manufacturer, who creates a product, and an organization farther down the supply chain, a distributor serves as a link. A value-added reseller, or downstream company, can be either a wholesaler or a retailer.
A distributor is a company that buys non-competing products or product lines and resells them to customers directly. The majority of distributors also provide a range of services, including service, technical support, and warranty protection.
Thus, option C is correct.
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Meredith would like a job in the arts where she is self-employed. which job would give her the best chance of working for herself? photographer actress sound engineering technician broadcast news analyst
The photographer is one who takes photographs, Meredith should become a photographer.
What exactly does it mean to be a photographer?One who specializes in photography or one who makes a living from photography.
Meredith would like to work in the arts as a self-employed artist, so she should become a photographer.
Therefore, option A describes the job Meredith should take up.
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What is International law and give me 10 resources of International
law "500 words"
International law refers to a set of rules and principles that govern the relations between sovereign states, international organizations, and individuals in their interactions across borders. It provides a framework for resolving disputes, promoting cooperation, and maintaining order in the global community.
Here are some of the resources that provide valuable insights into the field of international law:
1. International Court of Justice (ICJ) Reports: The ICJ's official reports contain judgments, advisory opinions, and orders issued by the principal judicial organ of the United Nations.
2. United Nations Treaty Collection: This database provides access to multilateral treaties registered with the United Nations, including the text of treaties, status information, and related documents.
3. International Law Commission (ILC) Reports: The ILC is tasked with promoting the progressive development and codification of international law. Its reports and publications offer authoritative guidance on various aspects of international law.
4. International Law Association (ILA): An international organization dedicated to the study, development, and promotion of international law. The ILA's publications and conferences provide valuable insights and scholarly discussions.
5. International Criminal Court (ICC) Legal Tools Database: This resource contains a vast collection of legal materials related to international criminal law, including court decisions, statutes, and other relevant documents.
6. International Law and Human Rights Databases: Various organizations and institutions, such as the United Nations and Amnesty International, maintain databases on international human rights law, offering access to treaties, reports, and jurisprudence.
7. International Organizations: Websites of international organizations like the United Nations, World Trade Organization (WTO), and International Monetary Fund (IMF) provide resources on international law and their respective areas of focus.
8. Academic Institutions and Libraries: Law schools and academic institutions often have libraries and research centers specializing in international law, offering access to books, journals, and databases.
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to create a system of rewards and incentives that promotes good strategy execution and timely achievement of imporant outcomes, a company must
identify one major flaw in the current organization of the united nations.
The major flaw in the current organization of the United Nations is that it has a veto power held by the five permanent members of the Security Council (the United States, Russia, China, France, and the United Kingdom). The United Nations (UN) is a global organization founded in 1945 to promote international peace, security, and cooperation.
It is the world's largest intergovernmental organization, with 193 member states. The United Nations is responsible for a wide range of activities, including peacekeeping, humanitarian assistance, and development programs.However, despite its many successes, the United Nations has a major flaw in its current organization. The Security Council, which is responsible for maintaining international peace and security, has a veto power held by the five permanent members (P5) of the Council. These countries are the United States, Russia, China, France, and the United Kingdom. Any one of these countries can veto any resolution, even if the other 14 members of the Council support it. This gives the P5 a disproportionate amount of power within the United Nations, as they can effectively block any action they do not agree with.Explanation:This veto power was put in place to prevent the Security Council from taking actions that might harm the vital interests of the P5.
However, in practice, it has often been used to protect the interests of individual countries at the expense of the greater good. For example, the United States has used its veto power to block resolutions critical of Israel, while Russia and China have used their veto power to protect Syria and Myanmar, respectively. This means that the Security Council is often unable to take action on issues that are of critical importance, such as ending the war in Syria or addressing the crisis in Myanmar.The current organization of the United Nations is therefore flawed because it gives too much power to a small group of countries. While the veto power was put in place to protect the vital interests of the P5, it has been used to protect individual interests at the expense of the greater good. If the United Nations is to remain an effective organization, it needs to reform its current structure to address this major flaw.
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