Answer: Bureaucratic control
Explanation: Bureaucratic control is a method of controlling employees behavior in an organization by setting laid down rules and operational behaviors to be observed by the workers of the firm.
The organization in the question set some standardized safety rules to be followed by its workers, therefore the control measure applied is bureaucratic.
Answer:
Value = $23.35
Explanation:
First, find dividend per year using the growth rates given;
D1 = 2.45
D2 = 2.45 (1.30) = 3.185
D3 = 3.185 (1.17) = 3.7265
D4 = 3.7265 (1.17) = 4.3600
D5= 4.3600(1.08) = 4.7088
Next, find the PV of each dividend;
PV(D1) = 2.45 / (1.22) = 2.0082
PV(D2) = 3.185 /(1.22²) = 2.1399
PV(D3) = 3.7265/ (1.22³) = 2.0522
PV(D4) = 4.3600/ (1.22^4) = 1.9681
PV(D5) = 15.1825
Next, sum up the present values to find the current value of the stock;
=2.0082+ 2.1399 + 2.0522 + 1.9681 + 15.1825
Value = $23.35
The Latin word "Ceteris Paribus," often used in Economics simply means, with other things being the same or all things being equal.
The major reason why economics often use "Ceteris Paribus" is to eliminate other factors which might complicate an outcome.
For instance, If the price of pork increases, people will purchase less pork, that is Ceteris Parabus. In this instance, ceteris paribus means that the possibility of other factors affecting the sales of pork will not be considered. Other factors such as an announcement were made that pork causes cancer, or the price of Chicken has increased, thereby making pork the best alternative, hence, all these other factors will not be considered, therefore in this situation, economics only wants to consider what happens if the price of pork rises while keeping all other factors the same.