The answer to your question is False
Based on the fact that Speedy Motors is in the automotive industry, some micro and macro challenges include:
- Macro challenges - Government regulation and Economic growth.
- Micro challenges - Lack of liquidity and Retaining good labor.
<h3>What are micro challenges?</h3>
Micro challenges are those that affect a company alone and not the economy.
Companies in the automobile industry face the micro challenge of having poor liquidity because cars might not be sold fast enough. They also have issues with retaining good labor which can help them remain competitive.
<h3>What are macro challenges?</h3>
These affect the economy and industry at large and so affect the company as well.
Some challenges here include government regulation that is aimed at reducing pollution. This will force an auto company to invest in more expensive equipment to comply.
If economic growth is poor, a car company will experience less sales as well.
In conclusion, there are several challenges affecting Speedy Motors.
Find out more on the macro perspective at brainly.com/question/3558688.
Customers and the employees
Explanation:
- The customers are very important for the company to last long in the global market. The company should create products which will be of great value for the money they spent.
- Employees are also very important as they provide service continuously for the development of the company. The success of the business depends on the employees.
- The companies should appreciate and take care of the needs of the employees as they work for the satisfaction of the customers.
Answer:
$64,000
Explanation:
The Cost price of the item Acquired is measured at fair value. When the Fair Value of Both the Asset Acquired and Asset given up can be determined reliably, the fair value of the asset given up will be used. Unless, the fair value of the asset acquired is more evident, that value may be used.
<u>Measurement of New Heating System :</u>
Cash $60,600
Add Trade In Value $3,400
Total $64,000
