Answer:
c. Accounting
Explanation:
Value chain refers to various linked activities in creating a product wherein at each stage, certain value is added. The concept was given by Michael Porter.
Porter divided the value chain activities into two groups i.e primary activities and secondary or support activities.
As the name suggests, support activities refer to those activities which aid or support the primary activities.
One of the support activities mentioned by Porter is the Infrastructure, which includes accounting function of an enterprise.
Answer:
economic profits = 0
so correct option is a)zero
Explanation:
given data
output = 100 units
total fixed cost = $600
total variable cost = $400
price of product = $10 per unit
firm produces = 100 unit
to find out
firm earn an economic profit of Group
solution
we know here Total revenue is
Total revenue = 10 × 100 =$1000
and Total cost is here
Total cost = $400 + $600
Total cost = $1,000
so economic profits is express as
economic profits = revenue - cost
economic profits = 1000 - 1000
economic profits = 0
so correct option is a)zero
Answer:
b. $40,000
Explanation:
Calculation for What additional money Carland National Bank can create
Using this formula
Additional money=Total Reserves-(Demand Deposits*Reserve requirement percentage)
Let plug in the formula
Additional money = $60,000 -( $200,000*10%)
Additional money = $60,000-$20,000
Additional money = $40,000
Therefore the additional money Carland National Bank can create will be $40,000
George is utilizing competitive intelligence. This is a
strategy in which the individual made use of gathering, defining and as well as
analyzing their customers, competitors or products by means of helping improve
his or her own business and to make strategic decisions that would be best for
one’s business or company.
