Answer:
A. KSFs are often necessary, but not sufficient for competitive advantage.
Explanation:
KSF
Key Success Factors (KSFs) represent business functions, practices or business activities as defined or seen by the customers or the market as being important or crucial to the development of consumer/business relationship.
KSFs represent areas organisations are to attend to based on the views of the market in order to achieve their goals. It could be in form strengths to maximize, weaknesses to address, aspects to take advantage of among others.
It becomes obvious that although important (from the view of the market or consumers who patronize the business), a business must makes its own due diligence in form of SWOT analysis among others to have the required competitive advantage.
Answer:
$0.4433 and $0.425
Explanation:
The computation of the earning per share is shown below:
Earning per share is
= (Net income - preference dividend) ÷ (average shares outstanding)
For 2017, it is
= ($156 - $23) ÷ (300 shares)
= $0.4433
For 2018, it is
= ($188 - $18) ÷ (400 shares)
= $0.425
We simply applied the above formula so that the earning per share could be come for both the years
Answer:
A) inelastic demand
Explanation:
Demand is inelastic if a change in price has no effect on quantity demanded.
Changes in price has no effect on quantity of leather demanded. Therefore, the demand for leather is inelastic.
Direct purchasing is buying raw materials used in the production process.
Straight rebuy is purchasing similar goods from the same supplier under similar conditions.
Modified rebuy is purchasing similar goods either from a different supplier or in a different condition.
Answer:
Date Account Details Debit Credit
Sept. 30, 2020 Accounts Receivable $5,000
Sales $5,000
Date Account Details Debit Credit
Sept. 30, 2020 Cost of Goods Sold $2,000
Inventory $2,000
Answer:
C. is correct
Explanation:
When the price of one good rises, the demand for substitutes for that good rises, and vice versa
