Answer:
D) economic.
Explanation:
These are seen to be factors which play vital roles in bringing/affects the competitiveness of the environment of operation of a said firm.
These forces in a business are said to primarily affect the distribution of production activities across the globe and also within a smaller region. These effects of economic forces are easily been felt by the mass/population around the region where these forces are present and also where these enterprises are been sited/located.
Factors ranging from interest rate, employment, inflation rate, government fiscal and monetary policy are generally known to make up these factors been talked about.
The T-Account can be made as follows with the credit of $3,754. The expenses are deducted from the balance as the total credit available.
<h3 /><h3>What is Expense?</h3>
Expenses are the costs that are paid by businesses, these costs are incurred for the operations of business. The expenses are paid from the cash/ bank balance available at the business.
It is recommended that the expenses are in a control and are lower than the revenue generated by the business.
T-Account
Operating Expense Account
$420
$250
$100
$250
Petty Expenses Account
$150
$100
Asset Account
$1500
$650
$334
The account are made according to the nature of expenses, there are two expenses that are not to be classified as an expense instead they need to be treated as a capital expenditure that is to be posted in Asset account.
Expenses with one off event and small amount and in general in nature are posted in petty expenses
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The executive summary is the part of formal business plan which discusses the industry, business structure, products and services and other plan to make the business successful.
The business plan is a formal and written document which outlines the goals of the company, shows tasks to be performed and shows the financial plans to be use to accomplish the outlined goals.
The part of the business plan includes:
- Executive summary shows the summary of key points in the business plan.
- Marketing plan shows the promotion and marketing plans of the business.
- Key management bios shows the planned management structure of the business
- Financial plan shows the finance plans of the business
Therefore, the executive summary is the part of formal business plan which discusses the industry, business structure, products and services and other plan to make the business successful.
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Answer:
Full Business Considerations
Efficient Facilities
A Cost-Effective Advertisement
He must Define his Services
He must outline his Service Prices
Carry out interviews for New Clients
With all of these steps being adhered to, Philippe's business will indeed be great!
