I think the answer might be called Vertical Integration
Answer: $57,600
Explanation:
Accounting works by the Accrual basis. What this means is that transactions are recorded in the period they occur not in the period they are paid for.
In the above, Lee Inc. billed its customers $57,600 for services performed during the year. This is a service company and since their revenue comes from billings, this is their revenue for the year.
It does not matter that some of the services have not been paid for, it matters that the services were performed during the year.
Answer:
The Cisco's IX5000 vivid telepresence framework, is substantially more simpler and more reasonable than previously. This telepresence framework is made of 4K ultra-top notch cameras grouped watchfully over three 70-inch LCD screens. The cameras give fresh, top quality video. Theater-quality sound exudes from 18 custom speakers and one ground-breaking subwoofer, making an excellent similar joint effort experience for 8 to 18 individuals. (Laudon, 2017)
This frameworks permits the clients to get a progressively normal sentiments that the more seasoned forms, as a result of its top of the line innovation. The cameras utilized in the framework cancreate pictures that are multiple times bigger that what is expected to fill the screens, and afterward it chops down the pictures to show different members as though they are additionally sitting at the meeting table.
2. With in excess of 5,500 representatives working in nine distinct nations, Produban benefits in excess of 120 organizations in various territories. (Loudon, 2017) Areas that are completely identified with the freshest innovation. This organization is totally committed to the improvement of their innovation and its advancement. Produban utilizes this framework to bring individuals from anyplace on the planet together all together tomake choices and conversations happen exceptionally quicker than previously. Because of the littler space that Cisco's IX5000 takes up, it additionally costs significantly less and utilizes around 50 percent less force use.
Since Produban is continually hoping to boost the development of innovation and to improve it step by step utilizing the most recent telepresence innovation for its own inward functions is the best fit. (Loudon, 2017)
3. Different organizations that may profit by utilizing telepresence administrations are the individuals who are working in the tasks field and have various areas for their organization; like vehicle makers or kitchen item producers and merchants. At the point when an issue happens in one of their areas, the representatives and the proprietors can meet and talk about the issue and unravel the circumstance way quicker and more effectively than previously. Without this framework they would need to make a trip to the area and burn through a great deal of time.
Answer:
to generate prosperity and produce goods and services that meet people's needs and improve their lives.
Explanation:
Because businesses cannot outgrow the economy of their communities
Answer:
Oligopoly.
Explanation:
An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.
Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.
The characteristics of an oligopolistic market structure are;
1. Mutual interdependence between the firms.
2. Market control by many small firms.
3. Difficult entry to new firms.
According to the concentration ratio, when a small number of companies control more than 40 percent of a market, it is called an oligopoly.