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2 years ago

What is absolute advantage

2 answers:

5 0

Absolute Advantage in business terms is the fact that a certain company has everything in their favor, from great advertising team, a large and ready consumer group, the right kind of products to push out, as well as high quality and fairly low price. Compared to their competitors, they may also give better customer service, and are willing to talk about any product problems, and find solutions that satisfy both sides, which would all draw more consumers to them then their competitors, creating essentially a monopoly.

Colt1911 [192]2 years ago

3 0

In economics, the principle of absolute advantage refers to the ability of a party to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources.

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Of fifo or lifo, which method would produce the more favorable cash flow? fifo, because of it produces lower income tax expense

quester [9]

FIFO stands for First In First Out and LIFO stands for Last In First Out.
Answer: LIFO produces more favorable cash flow because LIFO PRODUCES LOWER INCOME TAX EXPENSE.
During inflation, LIFO approach is adopted for tax benefits. With the rise in prices, LIFO produces higher cost of sold amounts of goods.

4 0

2 years ago

The following events occurred last year for the Bronze Company: Purchase of treasury stock $50,000 Issuance of common stock 90,0

Lana71 [14]

Answer:

Net Cash Flow from Financing Activities $150,000

Explanation:

Data provided in the question:

Purchase of treasury stock = $50,000

Issuance of common stock = 90,000

Payment of dividends to common stockholders = 10,000

Sale of equipment = 17,000

Now,

Net cash flow from financing activities will be

Issuance of common stock $90,000

Purchase of treasury stock $50,000

Payment of dividends to common stockholders $10,000

==============================================================

Net Cash Flow from Financing Activities $150,000

Note: Sales of equipment is not included in financing activity

6 0

2 years ago

In a process called __________, a customer visits a store to touch, feel, and even discuss a product's features with a sales ass

Lerok [7]

Answer:

b. showrooming

Explanation:

Showrooming is when a shopper visits a store to check out a product but then may eventually purchases the product online if there is a better deal.

This occurs because, while many people still prefer seeing and touching the merchandise they buy, many items are available at lower prices through online vendors. As such, local stores essentially become showrooms for online shoppers.

7 0

2 years ago

People are going to be different. The focus of managers should be to ________. Group of answer choices make sure the practices w

Solnce55 [7]

Answer:

find ways to develop strong relationships with and engage the entire workforce.

Explanation:

People are going to be different. The focus of managers should be to find ways to develop strong relationships with and engage the entire workforce.

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

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2 years ago

1. Cedric enters into a contract with Claudia to buy her house for $150,000. Claudia decides later not to sell

jonny [76]

Answer:

True

Explanation:

Trust me

7 0

2 years ago