The use of new technology in industry has benefited producers more so than consumers as, "Producers can transport goods around the world."
With faster decision-making and quick responses, the new technology enables producers to become more competitive in the market. The technology is helping to increase the efficiency of systems, products and services.
With the help of technology, the products which are produced are being marketed and then they are being transported around the world. This way it enables the business to grow rapidly and increases the profits.
Through the use of technology, businesses can research the market. This is extremely useful as it provides businesses with in-depth knowledge about market conditions.
Hence, the use of new technology in industry has benefited producers more so than consumers.
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Answer:
Delwazic Inc. is a multinational corporation (MNC) that creates products specialized for a few host countries. It manufactures berets in France, cowboy hats in the United States, bowlers in the United Kingdom, and bush hats in Australia. In this scenario, Delwazic Inc. is most likely a monopolist
Explanation:
A monopolist is solely responsible for sales of products to many buyers, such market is termed a monopoly market
Answer:
$297,000
Explanation:
In this question, we use the ending retained earning equation which is shown below:
Ending retained earning balance = Beginning retained earning balance + net income - dividends paid
$2,499,000 = $2,242,000 + net income - $40,000
$2,499,000 = $2,202,000 + net income
So, the net income = $2,499,000 - $2,202,000
= $297,000
There is no use of the common shares issued in the computation part
The option that is correct about not the benefit of team working is to increased personal workload.
<h3>What are the benefits of teamwork?</h3>
Teamwork is the process of doing the work with more than one person or employee in the organization. It is mainly used in large organizations to reduce the workload of the employees.
The benefits of teamwork are as follows:
- Teamwork increases the productivity of the management.
- It makes the work on time.
- It improves the morale of all the employees in the organization.
- It improved communication power.
It reduced the group workload among the employees.
Therefore, the correct option is D.
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