Importation is the term used to describe the act of buying and securing goods from another country.
Answer:
A) The cost leadership strategy
Explanation:
Cost leadership is providing the service or supply of product without compromising the quality of service or product supplied.
In the given instance also, Maymart supplies goods without any decrease in quality standards that is goods are completely acceptable by customers, and that the goods are supplied at least price in the industry, this provides a competitive advantage to the company, by cost leadership.
As cost is least for consumer for same quality as demanded.
Answer:
Workforce diversity challenges, technological challenges, and economic challenges
Explanation:
The challenges (trends) Consolidation Tech Plus (CTP), Inc. Should be aware of in the environment of human resource management that require HR to play a more central role in this growing organization are :
Workforce diversity challenges includes Acceptance and Respect, Accommodation of Beliefs ,Ethnic and Cultural Differences,
Gender Equality among others
Technological challenges includes Information security, Risk management and governance,
Regulatory compliance, Technology integration and upgradation, Resource management among others
Economic challenges includes Conflict and Poverty, Competing in a New Era of Globalization,Global Imbalances,Rise of New Powers among others
Answer:
C) Total assets are overstated.
Explanation:
The journal Entry for the Depreciation is as follows:
Dr. Depreciation Expense xxx
Cr. Accumulated Depreciation xxx
By missing this Journal entry the Accumulated depreciation account will be understated as we know that this is a contra asset account and this will net off the Long term assets. So, as a result the total asset will be overstated.
