Answer:
He withdraws counteroffer before it is accepted by the buyer.
Explanation:
Offer is a formal acceptance by a person to either purchase or sell a property or thing available or put for sale. A counteroffer is made by the other party by rejecting the offer made by the offeror and putting forth another offer before the offeror.
A counteroffer if accepted by the offeror stands valid and the offeree cannot revoke it. However, he may revoke it before the offeror accepts the counteroffer.
In this case, the owner can accept the better offer if the offeror has not accepted the counteroffer.
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.
Answer:
The sources are various documents written by the OECD: The Organization for Economic Co-operation and Development, and official sources made by the Government of Liechtenstein.
There are many reasons why Liechtenstein has such a high GDP Per capita. The first reason is its political system, which is surprisingly federal, even for such a small state. This means that the different municipalities of Liechtenstein compete among themselves for investment and development, for example, by offering lower tax rates.
The second reason is precisely the economic incentives that the country offers to private businesses. Relatively low taxation, very good infraestructure, well-educated human capital, and closeness to the wealthy markets of Germany, Switzerland, and Austria are among the economic incentives that make Liechtenstein a country with more companies registered (around 70,000) than inhabitants (around 38,000).
Answer:
Break-even point in units= 152 units
Explanation:
Giving the following information:
Supposed Abdullah decides to expand his business. His new fixed expenses will be $17,500 but the average cost for a pair of boots will fall to $65. He expects that the total revenue from selling 25 pairs of boots in the second month will still be $4,500.
First, we need to calculate the selling price per unit:
Selling price per unit= 4,500/25= $180
Now, we can calculate the break-even point in units:
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 17,500/ (180 - 65)
Break-even point in units= 152 units
<span>A healthy inflation rate that federal officials for spending business investment and higher wages is 2%. 2% is the most consistent value over the years. If there is a drop it is considered possible drop to deflation. Increase will make long-term decisions questionable.</span>