<span>If a firm has an incentive to increase supply now and decrease supply in the future, then the firm expects that the prices for the firm's product will be lower than the prices that have been set in the present. In the present case as the supply is increased, the prices are higher as the demand is higher. Then at later point of time when the supply is decreased, then demand also decreased, then the prices are likely to come down.</span>
Answer:Alan journal $. $
Date. Description Dr. Cr
July 31,19 suta tax Dr. 2,113
Bank. Cr. 2,113
Narration. Payment of outstanding tax
The payment that are cash related can be posted through a bank or cash account as a book of original entry for cash, if however they are posted through a journal the same objective can be achieved.
Answer:
c. task conflict
Explanation:
The two managers often engaged in <u>task conflict</u>; in today’s meeting, they had a spirited debate over the project’s optimal workflow, and their disagreement ultimately led to a creative solution.
Answer: All types of organizations can benefit from value chain analysis.
Explanation:
The goal of Value Chain analysis is to cut costs and become a more efficient firm which will ensure that the firm is in an advantageous position when going up against competitors.
It works by looking inward into the company to find out the activities that give the firm the value it has including primary and support activities and then finding ways to take advantage of these such that they have an edge over their competitors in the market.
All types of organizations can therefore benefit from this.
Answer:
The correct answer is (A)
Explanation:
Soft drink manufacturing industry faces a high threat of substitutes. Not many soft drink brand exit the market but many new companies and brand enter. Similarly, that is the reason why prices of soft drink do not fluctuate as compare to other food items. The competitive environment in the soft drink industry creates a high threat of substitutes.