Answer:
Accounting/bookkeeping
1. The income statement provides you with information about the profit and loss
2. The balance sheet gives you a clear picture on the financial position of your business on a particular date.
3. Bookkeeping is important because it helps you budget.
4. Tax Preparation. In most cases, your business has to file a tax return every year.
5. Organization. Being organized is a skill every business owner should have.
6. Analysis. Bookkeeping is important because it helps with business analysis.
7. Planning Purposes
. Bookkeeping presents the past financial performance of your company.
Explanation:
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<u>Explanation:</u>
Some of those companies had a different entertainment niche that had great revenue potential for Disney. For example, The Muppets Studio focused on video productions featuring puppet characters, which grew popular among young children. While Marvel Entertainment and Lucas Films produce video animations and films that have reached the top of the charts.
It is because of these identified benefits that the acquisition was made.
PEST analysis involves the analysis of economic , political, legal, technological and cultural events and trends that may affect the future of the organization and its marketing efforts.
Explanation:
PEST analysis is the simple as well as mostly used tool that helps in analyzing economic,technological, political,socio-cultural changes in the business environment. There are various advantages of PEST analysis that is, it helps in proper understanding of the business, it helps in dealing with various threats, It is also a cost effective analysis. This analysis helps in determining the performance of the business during long- term.