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Anna35 [415]
3 years ago
10

Please help Define taxes

Business
2 answers:
Maurinko [17]3 years ago
7 0
A type of compulsory contribution to the state’s revenue, levied by the government on the workers' income and business profits, or added to the cost of some goods, services, and transactions.
stealth61 [152]3 years ago
4 0

Definition of <u>taxes</u>:

Taxes are money that is paid to the government that is used to improve the country

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Answer:

Reorder point

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A company or organization making use of fixed-order quantity model which is a model where the REORDER POINT has been fixed and has already been set automatic in which once it reach the minimum inventory level it will remind the company that inventory level has reach the limit for the company to restore the stock inventory or order more product, which is why this inventory level is called the REORDER POINT.

Therefore REORDER POINT can be defined as the point which serve as a reminder that the stock inventory level has dropped to the minimum reorder level and need to be replaced or reorder.

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groupthink.

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Groupthink is a phenomenon that occurs when members give up their individual opinion and agree with some suggestion from other members to avoid conflict and keep the group cohesive. This can be a negative behavior when group cohesion becomes more relevant than an opinion and constructive suggestion for the group's challenges.

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