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guapka [62]
1 year ago
12

Is it more common for a firm to fail due to lack of sales or poor financial management? multiple choice question.

Business
1 answer:
Nastasia [14]1 year ago
8 0

When it comes to lack of sales or poor financial management, the reason why most firms fail is a. poor financial management.

<h3>Why do companies fail?</h3><h3 />

There are several reasons why a company can fail such as budgetary issues, and a lack of concrete goals to guide the activities of the company.

Most of these things stem from poor financial management however. Think of it this way, if a ship has a bad captain, then the chances of the ship sinking increases.

Poor financial management would lead to money not going to the right expenses which means that the business will make a lot of losses instead of profit and so will close.

In conclusion, between lack of sales and poor financial management, poor financial management is worse.

Find out more on businesses failing at brainly.com/question/13371882

#SPJ1

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In the advertising industry, terms such as new advertising, orchestration, and seamless communication were used to describe the
kolezko [41]

Answer:

The correct answer is letter "B": integration.

Explanation:

Advertising integration refers to bundling all mediums of communication possible business can use to promote its goods or services. This strategy reinforces the firm market position by repeating its advertising message constantly creating consistency and reducing the stress of having to create a different marketing approach for each advertising channel.

4 0
3 years ago
Bank A pays 10% interest compounded annually on deposits, while Bank B pays 9% compounded daily. a. Based on the EAR (or EFF%),
Pie

Answer:

Bank A should be chosen.

Explanation:

Given:

Effective annual rate (EAR) of bank A = 10%

Bank B pays 9% compounded daily. EAR of bank B is calculated below:

EAR = ( 1+\frac{i}{n})^{n} -1

Where, i is 0.09

            n is compounding period that is 365 (since it is compounded daily)

EAR = ( 1+\frac{0.09}{365})^{365} -1

       = 1.0942 - 1

       = 0.0942 or 9.42%

Bank B pays EAR of 9.42%

Based on EAR, Bank A should be selected as it pays higher EAR of 10%.

3 0
2 years ago
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salantis [7]

Answer:

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Explanation:

5 0
2 years ago
Read 2 more answers
Type the correct answer in the box. Spell all words correctly.
notka56 [123]

Answer:

Doubtful

Explanation:

The company will record the uncollectible $5,670 of its accounts receivable as a debit to uncollectible accounts expense and a credit to the DOUBTFUL account.

This is evident in the fact that the bad debt allowance method has three main principles which are:

1. Calculate uncollectible receivables

2. Debit bad debt expense and credit allowance for doubtful accounts in the journal entry

3. Debit allowance for doubtful accounts and credit the corresponding receivables account when it is time to write off the account.

8 0
3 years ago
Gambrinus is a large company that owns and operates the breweries that produce Moosehead Lager, Bridgeport Ale, Pete's Wicked Al
svlad2 [7]

Answer:

The answer is departmentalization by product.

Explanation:

Departmentalization refers to the divisions of different work areas. Each one specializes in a specific job, most companies use departmentalization and train their employees, making them specialists in their role.

The main objective of departmentalization is to specialize in activities and facilitate processes while maintaining control in the organization. The departmentalization is usually divided by product, function, process, project, clients, and territory.

For example, in the case of departmentalization by-products, it is used by large companies to divide the area where the product is developed and those in charge of product delivery, thus obtaining better control, organization, and production.

<em>I hope this information can help you.</em>

7 0
3 years ago
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