Answer: $190,000
Explanation:
The recorded value of the new equipment will be the summation of the trade in allowance and the cash that was paid. This will be:
= $108,000 + $82,000
= $190,000
They will be able to produce more and have access to buying a more diverse set of goods.
Consider the example of internet shopping, which allows the customer to buy from companies all over the world and access a wider range of products.
Answer:
There are 10 categories of business law which are :
- Contracts,
- Securities Law,
- Intellectual Property,
- Income Tax,
- Pensions & Benefits,
- Trusts & Estates,
- Immigration Law,
- Labor Law,
- Employment Law and
- Bankruptcy.
Business laws have different fields which at taught in the law school. Like criminal law, Business law is also a category of law and these are the categories of business law which focuses on the working of corporations and businesses.
Answer:
<u>Supply chain management</u>
Explanation:
Supply chain management refers to a system of organizations, people, activities and information which are involved in the movement of products from the suppliers to the customers.
Such activities transform the inputs into finished products which are delivered to the end customers.
Logistics refers to the activities concerned with efficient movement and transportation of goods and products to the customers. This involves making the product available when and where required and within a specified time frame to yield customer satisfaction.
Operations management is conerned with ensuring effcient business operations with optimal utilization of resources and minimum possible wastage.
Marketing channel management refers to channels of distribution to be selected for making goods and products available such as wholesellers, retailers, etc.
Thus, supply chain management integrates the functions of logistics management, operations mangement, marketing channel management and supply management, to ensure products are available in the right quantities, at right places and at the right times.
