<span> #1) Explain how money (increased commerce) spent by tourists in the Macro Islands moves through the economy's circular flow diagram.
Answer: Increased commerce spent by tourists in the Macro Islands moves through the economy’s circular flow diagram and will affect all portions of the Macro Island’s economy. First, the tourists that visit the Macro Islands will purchase goods from the product market, as a result it will form the product market. These purchased goods then go to the household where these goods will be used; this supports the product market. Here, the system branches off into three different directions: first, through the payment of taxes we reap government services; second, by investing our money in financial institutions, we sustain the financial market while collecting interest; third, because households provide resources like labor, we sustain the factor market and in return collect income. These three sections of the economy connect to businesses through government services, borrowing, and factors of production respectively. In the end the businesses provides foods and services to the product market to repeat this cycle.
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With the use of the seven standards from the hazard analysis and critical control points (HACCP), Christina must map the manner with a waft chart to discover all possible control points.
Thru the statistics within the flowchart, she wishes to identify vital manipulate points so as to identify the factors in that capacity dangers can be diagnosed and controlled or eliminated. She wishes to set up crucial limits for each of the identified manipulated points in an effort to perceive the requirements or operating variety wherein the food can be thoroughly processed. There will be methods mounted to determine whilst the cooking temperatures have to be monitored.
A process control plan (or just control Plan) is a record describing the technique step, the method's first-rate manages items, responding manipulate methods, and reaction plans. In different phrases, it's far a plan to govern manufacturing/carrier methods to guarantee the product, carrier, and manner necessities are met.
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Answer:
B)monitoring competitors
Explanation:
Competitors monitoring can be regarded as SWOT analysis of the organization competitors, it helps in the awareness of moves that can be taken by the firm compititors such as as the marketing strategies, stock as well as as pricing policy. It should be noted that for a manager to initiate activities that will support environmental scanning. Monitoring competitors activity should be used by this manager for this purpose.
Companies must follow generally accepted accounting principles (gaap) for international financial reporting standards accounting reports
<h3><u>What are international financial reporting standards ?</u></h3>
- The International Financial Reporting Standards (IFRS) are a group of accounting guidelines that specify which kinds of transactions and events must be disclosed in financial statements.
- The International Accounting Standards Board created and maintains them (IASB).
- The IASB wants the rules to be implemented consistently across the world so that investors and other users of financial statements may compare the financial performance of publicly traded firms with that of their worldwide peers on an equal footing.
- More than 100 nations, including the European Union and more than two-thirds of the G20, currently utilize IFRS.
- International Accounting Standards (IAS), which were more traditional standards that IFRS superseded in 2000, are occasionally mistaken with IFRS.
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Answer:
Diversity
Explanation:
Team diversity means a team composed people who can be distinguished on factors like gender, age, demography, culture, range of skill set , nationality, religious and social background. Diversity is promoted in team to promote innovation, efficiency and improved performance as each member complements other with his/her unique attribute.
Since, as Systech corp, team is composed of people with different nationality and diverse skill, it can be rightly said that such team is example of team diversity based on above mentioned definition of team diversity.
