In the condition given above where the global market intends to increase its market share by hiring representative for such purpose, the global market is said to be using communication strategy.
<h3>What is communication strategy?</h3>
A strategy, which is used by an organization for the purpose of interaction with the target audience of such organization, it is known as a communication strategy.
Hence, the significance of communication strategy is aforementioned.
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Answer:
B)Perpetual inventory systems require more detailed inventory records.
Explanation:
Under the <em><u>Perpetual inventory system</u></em>, every time a good is sold the cost of goods sold (COGS) needs to be determined. That is the reason the details are so important.
Many times it varies because different units in inventory were purchased at different prices and times. <em>Inflation </em>might be a factor the prices changes too.
However, in the <u><em>Periodic inventory system</em></u>, (COGS) is determined at the end of the accounting period, so the person in charge of keeping the records usually checks the <em>Inventory</em> account at the end of the year to know COGS.
Answer:
c.income from operations before service department charges was $1,650,000
Explanation:
We can see from the information in the question, that income from operations and service department charges sum a total of $1,650,000
Gross income before service department charges = $975,000 + $675,000
= $1,650,000
Ethan loses his limited liability if he participates in the firm’s management.
<h3>Who is a Limited Partner?</h3>
A limited partner can be described as a part-owner of a limited partnership business who does not involve in the management of the partnership business.
The liability for the company's debts of a limited partner is limited to the amount invested in the business.
Limited partners are frequently referred to as "silent partners."
A limited partner is different from a general partner.
A general partner refers to a partner that is in charge of the day-to-day operations of the company, takes investment decisions on behalf of the company, and has unlimited liability for the company's debts and liabilities.
Therefore, Ethan will lose his limited liability if he participates in the firm’s management as he has become a general partner.
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