Answer:
The answer is Continual Improvement Process
Explanation:
Continual Improvement Process involve the action(s) undertaken by businesses to improve their goods, services or method of operations.
Simply put, it is the policy in a workplace that seeks to improve the way things are done on a day-to-day basis.
Continual improvement process is important in business, in that it makes the business owner(s) or employees think about the problems that affect them and formulate solutions to these problems. This will therefore increase efficiency in business.
Gross domestic product is one of the factor that aid the long run monetary benefit in business.
<h3>What is Gross domestic product?</h3>
Gross domestic product refer to the the overall monetary or market value of all thecompleted goods and services that is manufactured within a specific country at a period of time.
It is the overall measure of overall domestic production, it help the to know if the country is okay or not.
It help to estimate the size of the economy.
To calculate, GDP
GDP = Consumption + investment+ government spending + net worth.
Therefore, Gross domestic product is one of the factor that aid the long run monetary benefit in business.
Learn more on Gross domestic product from the link below.
brainly.com/question/1383956
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Answer:
Find in the excel file attached detailed adjusting entries required for all transactions in the question.
Explanation:
Please note the analysis of each transaction done under the heading "particulars".
Any business that is in the tech business, where massive amounts of money go for development and for producton are companies that are very likely to need startup capital from some sort of investor; in this case it can be a venture capitalist but it can also be any other type of investor.
The advantages of entrepreneurship include the ability to shape one's own business, control of one's own working habits, and significant stock in the venture. Disadvantages include a lack of guarantee of success and the heightened responsibility of owning a business. Higher take-home pay.
Tax relief on business expenses.
Greater opportunity for tax planning.
Total control of your business and name.
One company for all your business interests.
Limited liability and protection of personal assets.