Answer:
option d is right
Explanation:
given that Andrew’s coworkers often come to him for information about how their company handled disgruntled customers in the past since he has worked at the company for 25 years.
He heard lots of information about the way things have been handled in the past, which helped him understand the organizational system.
Andrew’s information is an example of __Cultural____ knowledge.
This is because he knows some cultural characteristics, belief, history, and also behaviours due to his vast experience of 25 years and he shares with others.\
It is not explicit because not written and source is not mentioned
It is not descriptive, because data is not supported for his verdict.
It is not vigilant, because vigilant information is parted only to prevent frauds, or any illegal or unwarranted activity or behaviour.
Hence option d is right
Answer:
Lowa should produce corn; Nebraska should produce Wheat
Explanation:
Two states: Iowa and Nebraska
Same two goods are produced by both of them: Corn and wheat
For lowa,
Opportunity cost of producing wheat = 3 bushels of corn
Opportunity cost of producing corn = (1 ÷ 3) bushels of wheat
For Nebraska,
Opportunity cost of producing wheat = (1 ÷ 3) bushels of corn
Opportunity cost of producing corn = 3 bushels of wheat
According to the concept of comparative advantage, a country is exporting the commodity in which it has a comparative advantage and a country has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity is lower than the other country.
In our case, lowa should producing and exporting corn because the opportunity cost of producing corn is lower than the Nebraska and on the other hand, Nebraska should producing and exporting wheat because the opportunity cost of producing wheat is lower than the lowa.
Internal and external are two types of business communications enhanced by desktop publishing.
This is to improve both internal and external communication process of a business and become more productive.
Answer:
1. accounting records continuously disclose the amount of inventory.
Explanation:
The periodic inventory system is the accounting method of calculating the value of inventory at the end of a specified period of time. Under this system, updates are made on a periodic basis rather than after every sale or purchase of inventory. It continuously tracks the record of inventory by physically counting the inventory and the cost of inventory is calculated by using the inventory calculation method, such as FIFO, LIFO, and weighted averages.
Answer:
The correct answer is option B.
Explanation:
A firm sells a product in a purely competitive market.
The marginal cost of the product at the current output of 200 units is $4.00.
The average variable cost is $3.50.
The market price of the product is $3.00.
The market price is not covering the average variable cost. In this situation, the firm must be incurring losses. To minimize losses the firm should produce less than 1,000 units at the point where marginal cost is equal to market price and the average variable cost is being covered.
