research indicates that firms that support their technology investments with investments in key organizational, managerial, and social complementary assets receive superior returns. which of the following is an example of a key organizational complementary investment?

It is untrue that a resident of one state can't be denied the rights and privileges of that state for any reason when they are in another state.

When a resident of one state travels to another state, they may not be granted that state's privileges and immunities for any reason. Any legal ruling concerning contract rights made in one state shall be respected and upheld throughout other states under the full faith and credit clause.

Each State shall accord the public acts, records, and judicial proceedings of every other State full faith and credit. And the Congress may specify by general laws how such acts, records, and proceedings shall be proved as well as their consequences.

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If Tim Hortons opted to let a local Chinese company operate coffee shops using the Tim Hortons business system, rather than owning and operating the stores itself, it would be pursuing localization to enter in the market.

Instead of focusing mostly on burgers, Tim Hortons sets themselves apart by placing more of an emphasis on traditional and healthier home-cooked cuisine. Consumers are becoming more concerned with prospective food risks as well as maintaining or improving their current well-being (Agriculture and Agri-food Canada, 2010).

The CEO of Tims China, Yongchen Lu, said that this opening is an example of how the company is expanding farther into China to provide more customers with excellent coffee experiences. In order to reach more Chinese consumers, Tims China is aiming for outlet growth along with a larger presence inside of retail spaces.

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The condition productCost > 5 is true when the value of productCost is greater than 5. Options a and b are not greater than 5, so the condition is evaluated as false. Option c is greater than 5, so the condition is evaluated as true.

The condition productCost > 5 is true when the value of productCost is greater than 5, so any value greater than 5 will result in the condition being evaluated as true. This includes values such as 5.1, 6, 10, and 100.

The condition productCost > 5 is true when the value of productCost is greater than 5. Options a and b are not greater than 5, so the condition is evaluated as false. Option c is greater than 5, so the condition is evaluated as true.

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This is related to interdependence principle. It is interrelating the reading of this book as foundation to advanced economics  course.

What does economics' interdependence principle entail?

Due to interdependence, businesses operating in the market are required to anticipate how their competitors will respond to any changes in output, prices, or non-price competition.

                            It is a crucial component of commercial competitiveness and behavior under oligopolies, and it is modelable using game theory.

What is an illustration of economic interdependence?

International commerce is among the most effective and straightforward instances of economic interdependence.

                           Trade between two or more nations arises from the fact that one country's inability to produce a certain good and the other country's expertise in producing that same good are two completely different things.

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Alternative names for the underground economy incorporate the shadow economy, the bootleg market, and the casual economy. Managing unlawful medications, illegal exploitation, jeopardized species, human organs, artifacts, and taken products are instances of exercises in the underground economy.

An underground economy, or shadow economy, is where unlawful exchanges happen. It is otherwise called the casual economy, underground market, and dark economy.- A man sells unlawful medications and neglects to report his pay.

Unlawful labor and products incorporate betting, illegal conflagration, drugs, prostitution, credit sharking, theft, payoff, sexual entertainment, insurance, and coercion, and forging. The underground economy filled generally quickly in the 1960s, however, didn't develop more quickly than the revealed monetary movement in the 1970s.

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Dane, Inc. purchased 10 shares of its own $5 par value common stock for $20 per share

Dr. Treasury  stocks 200

   Cr Money 200

Whenever Treasury stock is repurchased, you should record the full price tag under the depository stock record (charge equilibrium) and credit cash or some other resource used to pay for them.

Treasury stock is a contra-value account that lessens the worth of investors' value, to that end, it has a charge balance while investors' value has a credit balance.

To report a deal in the bookkeeping records of the organization, a diary passage is utilized. A diary section is many times made in the overall record, yet it can likewise be made in an auxiliary record and consequently moved onward into the overall record after being summed up.

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The goal is to increase the account value by $500 each month. $ 445.45 is the dollar amount Ron should invest in month 6.

(Initial Value+Increase-Initial Number of shares*Price per share)

=(2500+500-181.818 ×14.05)

=445.4571

Returns on mutual funds can come from a number of different places, such as: NAV appreciation is when the value of the fund's investments rises while you own the fund. Income can come from dividends on stocks or interest on bonds. profits or capital gains made by selling investments whose value has increased for the fund.

The investment options offered by mutual funds span the entire financial spectrum. Changing investment goals, such as post-retirement expenses, funds for children's education or marriage, house purchase, etc. likewise do the products required to achieve these goals. Three words are frequently used to describe the goals of mutual funds: income, capital preservation, and growth (also known as capital appreciation).

Your client, Ron Gross, is using a value averaging approach with his monthly mutual fund purchases. The goal is to increase the account value by $500 each month. He has the following transactions:

Month Price per Share Amount Invested # of Shares Bought # of Shares Owned Total Invested Total Value

5 $13.75 $400 29.091 181.818 $2,350 $2,500

6 $14.05    

Based on this information, what is the dollar amount Ron should invest in month 6?

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Riley most likely has a high sense of self esteem. while Trayvon likely suffers from low self-esteem. are the correct choices

An assertive personality is what?

is a quality of someone who "makes environmental change and is comparatively unfettered by situational factors."

People that are proactive look for possibilities, seize them, and take action. They persist until significant change is achieved.

Core self-evaluations' internal locus of control reveals a person's conviction that he is in charge of life's occurrences and outcomes.

The self-esteem you might have has four elements that make it up: identity, self-assurance, sense of belonging, and competence

excessive self-esteem: Sense of superiority. Overly confident people frequently exhibit arrogance, self-indulgence, and a sense of entitlement. While criticizing others, they frequently ignore their own shortcomings. feeling inferior to others because of low self-esteem.

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The "Capital, F. Yang" account will receive a credit of $80,000 in the journal entry that documents this transaction.

Yang's capital balance rises when she contributes money and equipment to a partnership, as does her own capital balance.

A debit of $30,000 and $50,000, respectively, would be made to the "Cash" and "Equipment" accounts in the journal entry to document this transaction. furthermore an $80,00 credit to the "Capital, F. Yang" account.

This is because cash and equipment are assets that increase the total assets of the partnership and the credit to the "Capital, F. Yang" account records the increase in Yang's capital balance in the partnership due to the investment.

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Behavioral learning theory assumes that learning takes place as the result of response to external event.

Behaviorism is a systematic method for studying human and animal behavior. Behavior is thought to be either a reflex elicited by a combination of some prior stimulus in the environment, or as a result of the individual's history, especially reinforcement and punishment situations.

Behaviorism emerged in the early 1900s as a response to depth psychology and other traditional forms of psychology, which often had difficulty making predictions that could be tested. experimentally, but is rooted in earlier research in the late 1900s. 19th century, such as the work of tho-rny Edward.

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A country reported a nominal GDP of $100 billion in 2012 and $75 billion in 2011 and reported a GDP deflator of 125 in 2012 and 120 in 2011. -b. Real output rose and prices fell.

To calculate real GDP, we need to use the GDP deflator to adjust for inflation. The GDP deflator is a measure of the level of prices of all the goods and services included in GDP.

Real GDP in 2012 = (Nominal GDP in 2012) / (GDP deflator in 2012) = 100 / 125 = 0.8

Real GDP in 2011 = (Nominal GDP in 2011) / (GDP deflator in 2011) = 75 / 120 = 0.625

So Real GDP has increased from 2011 to 2012.

Also, we can calculate the inflation rate (Price level) using the GDP deflator.

Inflation rate = (GDP deflator in 2012 - GDP deflator in 2011) / GDP deflator in 2011

= (125 - 120) / 120 = 0.0417

So, prices have fallen from 2011 to 2012

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When the contract rate of the bonds is higher than the market rate, the bond is said to be selling at a premium.

This is because investors are willing to pay more than the par value of the bond to earn the higher interest rate. The amount by which the bond price exceeds par value is known as the premium on bonds.

The premium on bonds is the sum total of the difference between the market rate on the bond and the contract rate, plus any additional features or benefits that the bond may offer. The premium is expressed as a percentage of the par value of the bond and is added to the par value in order to calculate the bond’s market price.

The premium on bonds is generally paid by the issuer of the bond and is included in the calculation of the yield to maturity.

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The decision to choose the commodities, even when both of them have the same marginal utility, shows that the maximum total utility has been found.

A consumer's delight from each additional unit of consumption is known as marginal utility. Beyond the initial product eaten, it calculates the utility. The marginal utility is the benefit derived from the additional bottle of water if you purchase one bottle first and then another.

This law in economics aids in comprehending how customers might come to an equilibrium for a specific good. The majority of the time, a consumer can utilize a good or service until the marginal utility equals the asking price, ensuring that they are as satisfied as possible.

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It's true, using real GDP to compare the levels of economic wealth of two countries can be misleading.

Although GDP is an indicator of a society's standard of living, it does not directly account for leisure, environmental quality, health and education levels, off-market activity, changes in income inequality, increased diversity and progress, so it is a rough estimate. It's just an indicator. In technology or value (positive or negative) that society can add to a particular kind of output.

Standard of living includes all factors that affect people's well-being, whether they are marketed or not.

Standard of living is a broad concept that includes many factors, some unmarketed and some marketed. Her level of GDP per capita, for example, captures part of what we understand by the concept of living standards. This is illustrated by the fact that most migration around the world involves people arriving from countries with relatively low GDP per capita, attracting countries with relatively high GDP.

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The Supreme Court upheld a voucher program. Ohio based on that schools promised to teach no course involving religion the aid was not given to particular schools but to the families who chose the schools.

Option A is correct.

Case involving school vouchers decided by Supreme Court in favor of advocates for private school choice. On Tuesday, the Supreme Court ruled that Maine's school voucher program, which excludes religious schools from participating, is unconstitutional. This decision has far-reaching repercussions and stands to loosen restrictions on the use of public education funds for religious

Since the early 1990s, voucher programs have been in existence. They are not available to all students, not even in the states where they are. However, it's possible that more states will begin offering these programs because the new education secretary supports them.

Question is incomplete:

The Supreme Court upheld a voucher program for students attending religious and other private schools in Cleveland, Ohio based on Othat schools promised to teach no course involving religion that

A. the aid was not given to particular schools but to the families who chose the schools

B. the schools removing all religious symbols and artifacts

C. that the aid was given directly to the particular schools that the teachers were certified by the state

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It allows a manager to formulate and implement internally consistent and coherent business strategies.

A strategic business unit, or SBU for short, is a fully operational part of an organisation with its own mission and goals. An key section of the organisation, a strategic business unit typically functions independently. It provides updates on its operational status to the headquarters.

Although a strategic business unit, or SBU, is an independent company, it is required to report directly to the organization's headquarters on the status of its operations. It is independent and centred on a particular market. It is large enough to have independent support divisions for things like human resources and training.

Having an SBU has a number of advantages. For businesses with a variety of product structures, this strategy is most effective. 

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However, the range does not measure the dispersion of the majority of the observations; it focuses only on the highest and lowest values.

What is measure the dispersion?

Dispersion is the state of getting dispersed or spread. Statistical dispersion means the extent to which numerical data is likely to vary about an average value. In other words, dispersion helps to understand the distribution of the data. The measures of central tendency are not adequate to describe data. Two data sets can have the same mean but they can be entirely different. Thus to describe data, one needs to know the extent of variability. This is given by the measures of dispersion.

Range, interquartile range, and standard deviation are the three commonly used measures of dispersion.

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Complete question

Measures of dispersion Aa Aa Suppose two stocks have the same mean expected return (10%). However, one stock always has a 10% return, while the other stock is very unpredictable. Which one would you want? Probably the first one, right? This section defines some basic measures of dispersion, alsa known as spread or variability, and how they help interpret data. Range The simplest measure of dispersion is range, which is defined as the span of values that variable takes. You can find the range by determining the difference between the maximum and minimum values, as follows: Range Maximum Value - Minimum Value The range is useful because it is easy to calculate and even easier to understand. Comparing the range and the mean indicates how significant the dispersion is. However, the range does not measure the dispersion of the majority of the observations; it focuses only on the highest and lowest values. Therefore, it is very sensitive to outliers. Consider the following two 10-item data sets: Data Set A Data Set B 12, 12, 12, 13, 13, 14, 22, 23, 23, 24 124, 126, 127, 129, 129, 130, 132, 132, 133, 136 Both data sets have a values at either end of the range, while Data Set B is more evenly dispersed. Also, a range of 12 is far more significant for Data Set A, whose mean is 16.8, than for Data Set B, whose mean is 129.8, but they certainly are not dispersed the same. Data Set A has clusters of range of Quartiles The range shows the minimum and maximum values, and the median shows the middle value. If you combine the range and the median, the picture of a variable's distribution starts to come into focus. This process can be taken a step further by calculating quartiles and platting the data. Quartiles divide the number of abservations into four equal quarters, as shown here. Minimum Median Maximum quartilequartile 3dquartile quartile Consider this data set: 87 120 B7 84 83 105 80 89 107 107 99 99 84 83 82 79 94 76 86 87 If put in order and split into quartiles, the data set becomes 76 79 80 82 83 87 98 120 84 89 107 94 105 107 1st quartile 2nd quartile (median) 3rd quartile 75 85 9D 95 100 105 110 115 The minimum, 1st quartile, median, 3rd quartile, and maximum are shown in the graph above. This drawing is called and it shows the data to be considerably skewed to the right.

However, the range does not measure the dispersion of majority of the observations; it focuses only on the highest and lowest values.

Dispersion is the process of becoming dispersed or spread. The degree to which numerical data is likely to deviate from an average value is referred to as statistical dispersion. In other words, dispersion aids in comprehension of the data's distribution. The measures of central tendency are inadequate to describe the data.

The means of two data sets can be the same while still being completely different. Therefore, one needs to be aware of the level of variability in order to describe data. The dispersion measurements provide this information.

The three most widely used measures of dispersion are range, interquartile range, and standard deviation.

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Complete question

Measures of dispersion Aa Aa Suppose two stocks have the same mean expected return (10%). However, one stock always has a 10% return, while the other stock is very unpredictable. Which one would you want? Probably the first one, right? This section defines some basic measures of dispersion, alsa known as spread or variability, and how they help interpret data. Range The simplest measure of dispersion is range, which is defined as the span of values that variable takes. You can find the range by determining the difference between the maximum and minimum values, as follows: Range Maximum Value - Minimum Value The range is useful because it is easy to calculate and even easier to understand. Comparing the range and the mean indicates how significant the dispersion is. However, the range does not measure the dispersion of the majority of the observations; it focuses only on the highest and lowest values. Therefore, it is very sensitive to outliers. Consider the following two 10-item data sets: Data Set A Data Set B 12, 12, 12, 13, 13, 14, 22, 23, 23, 24 124, 126, 127, 129, 129, 130, 132, 132, 133, 136 Both data sets have a values at either end of the range, while Data Set B is more evenly dispersed. Also, a range of 12 is far more significant for Data Set A, whose mean is 16.8, than for Data Set B, whose mean is 129.8, but they certainly are not dispersed the same. Data Set A has clusters of range of Quartiles The range shows the minimum and maximum values, and the median shows the middle value. If you combine the range and the median, the picture of a variable's distribution starts to come into focus. This process can be taken a step further by calculating quartiles and platting the data. Quartiles divide the number of abservations into four equal quarters, as shown here. Minimum Median Maximum quartilequartile 3dquartile quartile Consider this data set: 87 120 B7 84 83 105 80 89 107 107 99 99 84 83 82 79 94 76 86 87 If put in order and split into quartiles, the data set becomes 76 79 80 82 83 87 98 120 84 89 107 94 105 107 1st quartile 2nd quartile (median) 3rd quartile 75 85 9D 95 100 105 110 115 The minimum, 1st quartile, median, 3rd quartile, and maximum are shown in the graph above. This drawing is called and it shows the data to be considerably skewed to the right.

Performance marketing when implemented, would provide information about customer behaviors that could lead to an effective launch of a new product.

The term "performance marketing" refers to internet campaign in which companies pay marketing firms or ad networks based on the outcomes, such as views or conversions. Performance marketing is used expressly to drive activities, monitor and evaluate those activities, all while crediting the Return of each asset, campaign, or activity, in contrast to traditional and organic marketing. Professionals in performance marketing, whether they work for agencies, media businesses, publishers, or elsewhere, mainly rely on paid advertising channels like: Native ad placement, Sponsored content, Affiliate promotion, Social media promotion, Internet advertising. The finest outcomes for the business can be accomplished by optimizing your advertising agency and using marketing performance measurement. Additionally, one of the first decisions a marketing department should make before beginning marketing operations is how to analyze marketing success.

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The process of planning, organising, directing, and controlling staff management is the process of doing activities in conjunction with other resources to accomplish organisational goals.

Management is vital to run all sorts of management and is necessary for an organised life. The cornerstone of a successful business is efficient management. Managing a life involves taking action to achieve goals, and managing an organisation entails working with and through others to accomplish goals. Every business has a design, and the organisational structure of that business depends on having one that advances the company's goals. In any organisation, from the lowest to the most senior levels of management, here are on the front, middle-level, and top-level managers.

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As a result of this donation, Cetam should include an amount of 0 as unrestricted net assets. Here option D is the correct answer.

Unrestricted net assets are assets that can be used for any purpose by the organization, without any donor-imposed restrictions. In this case, the donation of stock includes specific requirements on how the shares are to be used, with $8,000,000 to be sold for renovation and $2,000,000 to be retained for supporting current operations.

Since the organization is bound to use the shares according to the donor's instruction, the shares are considered restricted assets and do not contribute to unrestricted net assets. Restricted assets are assets that have been donated to a nonprofit organization with specific requirements or restrictions on how they can be used.

These restrictions may be placed on the assets by the donor, or by laws or regulations. In the case of the donation of stock in this scenario, the donor has stipulated that $8,000,000 worth of shares are to be sold for renovation and $2,000,000 worth of shares are to be retained for supporting current operations.

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An impeccably cost-separating monopolist catches what was all customer surplus as a syndication benefit when contrasted with a solitary cost monopolist. Like some other organizations, imposing business models focus to augment their incomes and increment productivity. The response is A.

A vital trait of a monopolist firm is that it's a benefit maximizer. A monopolistic market has no rivalry, meaning the monopolist controls the cost and amount requested. The degree of result that boosts a restraining infrastructure's benefit is the point at which the minor expense rises to negligible income.

First-degree separation, or wonderful cost segregation, happens when a business charges the most extreme conceivable cost for every unit consumed. Since costs fluctuate among units, the firm catches generally accessible buyer surplus for itself or the monetary excess.

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Exploratory, descriptive, and conclusive research designs are the three basic types used in marketing research.

Consumer behaviour and economic trends are combined in marketing research to support and enhance your business concept. Understanding your customer base from the start is essential. Even when your company is still only a vision in your mind, market research allows you to lower risks.

Market research is a systematic attempt to learn as much as possible about target markets and consumers, starting with who they are. It is a crucial element of corporate strategy and a key contributor to keeping competitiveness.

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The predetermined overhead rate was 0.2304 or 23.04%, considering the direct labor and overhead applied.

Salary and wages paid to workers that can be directly attributed to specific products or services are referred to as direct labour. It covers the cost of regular working hours, overtime hours, payroll taxes, unemployment tax, Medicare, and employment insurance.

Wages paid in order to produce goods or provide services to customers are referred to as direct labour costs. The total direct labour cost is much higher than the wages paid. It also includes payroll taxes on those wages, as well as the cost of company-provided medical insurance, life insurance, workers' compensation insurance, any company-matched pension contributions, and other company benefits.

The salaries and wages paid to workers directly involved in the manufacture of a specific product or the performance of a service are referred to as direct labour.

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The correct option is D, i.e., debit Insurance Expense, $1,800; Prepaid credit Insurance, $1,800. The entries that are needed to be passed at the end of the accounting period, after the first trial is prepared, is called the conforming entries.

The matching principle of account countries that all charges and earnings are to be shown in the accounting period irrespective of the factual sum entered or paid. The reimbursed charges and unearned income are acclimated at the end of the accounting period.

It's common to pay for goods and services in advance. Insurance is generally bought by compensating for a periodic or semi-annual policy. Or, rent on a  structure may be paid ahead of its intended use(e.g., landlords bear yearly rent to be paid on the morning of each month). Another illustration of prepaid expenditure relates to inventories bought and stored before actually demanding them.

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Answer:

A restaurant manager looking to recruit a new hostess for her upscale restaurant should first develop a:

Job summary: A job summary is a brief overview of the main duties and responsibilities of the position. This can include the main purpose of the role, the key tasks that the hostess will be responsible for, and the qualifications and skills required for the position.

Job description: A job description provides a more detailed account of the duties and responsibilities of the position, as well as the qualifications and skills required. This can include information about the specific tasks that the hostess will be responsible for, such as greeting customers, managing reservations, and seating guests.

Job design: Job design is the process of organizing tasks, duties, and responsibilities into a single job. This may include determining the hostess' specific responsibilities in the restaurant, such as answering phone calls and helping with reservations, and how the job is structured.

Performance evaluation: A performance evaluation is a process for determining how well an employee is performing in their role. It can include information on the hostess's performance in relation to specific goals, such as customer satisfaction and sales. This can help the manager to identify areas where the hostess needs to improve and to make sure that the hostess is meeting the expectations of the restaurant.

Overall, by developing a job summary, job description, job design, and performance evaluation the manager can be sure that the ad will be attractive and specific enough to attract the right candidate and the hostess will have a clear understanding of the role and expectations.

Answer: A) direct labor

Explanation:

Answer:

The statement that is correct about a Medicare Savings Account (MSA) plans is:

ii. MSA plans cover Part A and Part B benefits but not Part D prescription drug benefits.

Explanation:

Medicare Savings Account (MSA) plans are a type of Medicare Advantage plan that combines a high-deductible Medicare Advantage plan with a bank account. These plans can offer lower out-of-pocket costs, but they come with restrictions and limitations.

I. MSAs may have either a partial network, full network, or no network of providers. is not always the case, it depends on the particular plan and its coverage.

III. an individual who is enrolled in an MSA plan is responsible for a minimal deductible of $500 indexed for inflation. is not always true, the deductible can vary according to the plan and its coverage.

IV. non-network providers must accept the same amount that original medicare would pay them as payment in full. is not true, non-network providers may not accept the same amount that original medicare would pay them as payment in full.

The correct statement about Medicare Savings Account (MSA) Plans is I, II & IV. Hence, Option (D) is correct.

Statement I is correct because MSA plans can have various network arrangements, including partial, full, or no network of providers.

Statement II is correct, as MSA plans to provide coverage for Medicare Part A and Part B benefits but does not include coverage for Part D prescription drug benefits.

Statement IV is correct because non-network providers under MSA plans are required to accept the same amount that Original Medicare would pay them as payment in full. This ensures that MSA plan members are not charged more than the Medicare-approved amount.

Thus, the statements that are accurate about MSA plans: I, II, and IV.

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Which of the following statement is correct about Medicare Savings Account (MSA) Plans?

I. MSAs may have either a partial network, full network, or no network of providers.

II. MSA plans cover Part A and Part B benefits but not Part D prescription drug benefits .

III. an individual who is enrolled in an msa plan is responsible for a minimal deductible of $500 indexed for inflation.                                                                                                           iv. non-network providers must accept the same amount that original medicare would pay them as payment in full.

a. I, II, and III only

b. I and II only

c. II and III only

d. I, II, and IV only

Answer:

Holacracy doesn't Give You a Step by Step Guide on how to Run Your Company. ...

Holacracy Reduces Control. ...

You Have To Get Rid of Old Habits. ...

It's Hard to Change Course and To Get Everyone On Board. ...

The Focus is on Roles, Not on People.

Explanation:

.Holacracy doesn't give you a step by step guide on how to run your company.

. Holacracy reduce control

.You have to get rid of old habits

.it's hard to change course and to get everyone on board

. The focus is on roles, Not people.

The marketplace is composed of businesses that ship their products directly to consumers without using wholesalers, distributors, or other middlemen that play a role in other retail channels.

The statement is True

A marketplace is what?

An online store or platform known as a marketplace offers numerous benefits to both buyers and sellers. An online marketplace is similar to an e-commerce website or mobile application where sellers and buyers can meet and exchange goods and services. The website is in charge of managing all payments, processes, and transactions.

Definition. The marketplace is defined by the Oxford Dictionary as "the activity of competing with other businesses to buy and sell goods, services, etc."

The owner of the online store, however, does not have an inventory of every item that he is offering. By offering customers the goods of other companies, the online store is merely facilitating the transaction. Online marketplaces like Ama-zon, e-Bay, and Aliba-ba are excellent examples.

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An Arbitration clause is a provision in a contract mandating that all disputes be settled by a binding decision.

A private hearing called mandatory binding arbitration is used to resolve disputes between two parties. A contract's parties agree to have a neutral third party, known as an arbitrator, hear their dispute and to abide by the arbitrator's ruling.

The agreement between investors and states that particular issues shall be resolved by arbitration is based on an arbitration clause. The arbitral tribunal's jurisdiction is established by this consent. See also Arbitral tribunal jurisdiction. The number of arbitrators who will serve on an arbitral tribunal may be stated by the parties in their arbitration clause; often, one or three members are mentioned.

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