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2 years ago

A ________ is a story of how the firm will create value for customers and, more important, how it will do so profitably.

1 answer:

3 0

A business is a story of how the firm will create value for customers and, more important, how it will do so profitably.

<h3>What is a business ?</h3>

Business can be described as the activity which involves the making of money through the production or buying and selling products.

It is should be noted that it is "any activity or enterprise entered into for profit, business is a story of how the firm will create value for customers and, more important, how it will do so profitably.

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Recognizing something as a revenue instead of as a liability has a positive effect on the reported financial statements because:

Pani-rosa [81]

Revenue and liability has influence on reported financial statements because;

it understates liabilities
it overstates revenues

<h3>What is revenue and liability?</h3>

Revenue serves as the money that is been generated by the company as a profit while a liability serves as future sacrifices of economic benefits.

However, recognizing something as revenue instead of liability is dangerous because it can results in overstated net income.

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3 years ago

my company states integrity as a core commitment on its website. i see fraud occurring often in my division of the company. whic

zlopas [31]

The archetype describes this company: <u>A. gap between espoused values and behaviors.</u>

<u />

A company is a prison entity shaped by using a group of individuals to interact in and perform an enterprise—business or commercial—organization. An enterprise can be organized in diverse approaches for tax and financial liability purposes relying on the corporate law of its jurisdiction.

There are 3 commonplace kinds of corporations—sole proprietorship, partnership, and organization—and each comes with its very own set of benefits and downsides. In easy terms, the reason for an enterprise is to have a significant imagination and prescient after which to be worthwhile in accomplishing it. And we should qualify “profitable”: profitability means long-time period sustainable returns, and each word in that phrase is vital.

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7 0

1 year ago

Which of the following is NOT true about College

777dan777 [17]

Answer:

It only offers 4 year degrees

Explanation:

4 0

3 years ago

Cheizza, a pizza vendor in the country of Wisbane, believes that the taste of fresh cheese in its pizzas is its unique selling p

AlladinOne [14]

Answer: Option (a) is correct.

Explanation:

Cheizza, a pizza vendor knows that the fresh cheese is the unique selling point for him. And because of this fresh cheese, the demand for his pizza is drastically increases. So, for meeting this demand, he have to purchase more cheese.

We know that cheese is made up from milk and milk is used as an input for the production of cheese. But milk is a raw material and limited in quantity to meet this demand.

Cheizza also knows that cheese is used in the pizzas, hence, if there is any changes in the supply of cheese, as a result it directly affects the demand for pizzas.

Therefore, there is a scarcity of resources in the form of milk.

6 0

3 years ago

Read 2 more answers

Manning Company uses a joint process to produce Products W, X, Y, and Z. Each product may be sold at its split-off point or proc

kogti [31]

Answer:

Y and X

Explanation:

Product Additional Additional Costs Difference Decision Revenues

W 40000 60000 -20000 Sell Now

X 8000 4000 4000 Process On

Y 100000 32000 68000 Process On

Z 4000 20000 -16000 Sell Now

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3 years ago