There are four types of market structures namely; perfect competition, monopoly, monopolistic competition and oligopoly. Perfect competition is where large number of small firms compete with each other with a homogeneous product. In a monopoly market there is only one producer of a given product who determines the price of the product. In monopolistic competition the market combines the aspect of monopoly and perfect competition. In this case, In Oligopoly there are a few suppliers or sellers of a particular product.
The moral issues seeing these partners are as per the following; allegations of separation, administration offense, renumeration, and wellbeing concerns. As a type of harm control, Walmart discharged a promoting effort to accuse the organization as an "American example of overcoming adversity." After statistical surveying uncovered Walmart's image picture had lost bond between taught grown-ups, Walmart industrialized in a multimillion publicizing effort called "The Real Walmart."
Answer: There are many points that should be clear in the head before one has meeting with the client. Some of them are discussed here.
Explanation:
1: Objective must be very clear: The main aim or objective of the meeting should be very clear to the speaker and it should be made clear to the listener( client)
2:The meeting should not take much time: The time take by the speaker to make the client understand the facts should be less and precise. It should take much time.
3: The facts and data should be crisp and clear: The data and analysis part should be made clear before presenting it to client to avoid any confusion during the meeting.
4: Meeting Etiquette should be followed properly: The ground level manners and etiquette must be followed during the meeting.
Answer:
$660 (credit balance)
Explanation:
the question is missing the numbers, so I looked for a similar one:
- 4% of units will be defective
- average repair cost of $20
- 1,100 units sold during the first month
- 11 defective units were repaired
The journal entry to record warranty liability:
Dr Warranty expense 880
Cr Warranty liability 880
the journal entry to record actual money spent repairing defective units:
Dr Warranty liability 220
Cr Cash 220
the balance of the warranty liability account at the end of the month = $880 - $220 = $660