Dafuq is this dumb site. This is some bull the verified answers where always wrong like dafuq is the point.
Answer:
Raise the marketing spend to raise visibility.
Explanation:
In simple words, the best way for the company to hold their position in the market is to strengthen their customer base and this can be done by performing more promotion. By doing so, they can attract more people to use their product and the new company will have to try harder to capture the market.
Thus, the best option for the company is to raise promotional activities.
Answer:
Dr Retained earnings $8.2
Cr Inventory $8.2
Explanation:
By changing method of an inventory valuation, the company should apply it retrospectively based on IAS 8 guidelines on change in accounting estimates and errors. Thus, the said difference from FIFO method to Weighted Average method of valuation should be credited directly against Retained earnings account because, accounts are already closed right after the year ended.
$32-$23.8= $8.2 million
To record the said adjustment you have to
Debit Retained earnings and credit Inventory in the amount of $8.2 million.
Answer:
The answer is: Democratic management style
Explanation:
This management style is based on the belief that two heads are better than one, and that every employee (no matter position they hold) deserves to have a say.
So managers that follow this style usually encourage their employees to participate and share their ideas and suggestions. They tend to create horizontal organizations, but the final and last decision still belongs to the boss.
Employees usually like this system because they feel they are a valuable and important part of the organization. Many times it leads to higher efficiency and productivity.
As a downside, these organizations tend be more messy (informal) and decision making processes are very time consuming.
