Answer:
more intense the competitive pressures posed by substitute products.
Explanation:
The lower the user's switching costs: the more intense the competitive pressures posed by substitute products.
Switching costs can be defined as the cost of a consumer switching from a product to a substitute good.
Therefore when such switching costs are low, it will be easier to switch from one product to another, implying that the competitive pressure from substitute goods are higher.
Software development process that develops software iteratively with a heavy emphasis on construction activities is known as an agile process. This process is driven by and focused on customer descriptions. It recognizes that plans are only for a short time and delivers a number of software increments.
Answer:
expensed as incurred
Explanation:
In accrual method of accounting, it is known that revenues are known when earned and expenses are known when incurred.
Expenses are simply said to be amounts incurred to bring about or generate revenue for an organization or firm, they include cost of goods sold, operating expenses, interest, and taxes.companies has different types of expenses incurred e. g overhead expenses.
Answer:
lending of depositor's funds
<span>This will lead to a flattening of the overall organization. This will allow the management to be closer to the end consumer, giving a better overall customer service reputation as well as a cost savings in not having to have as many levels of bureaucracy to go through on the part of the consumer.</span>
