Answer:
Comparative advantage
Explanation:
Comparative advantage - In economic it is refer to that advantage that one have more ability to provide products and it's service at lower price than competitor.
In the given question, countries in south america has more advantage o producing efficient coffee than other counties due to preferable climate
Answer:
b. Manages and runs the activities of the team.
Explanation:
A project champion is any individual who serves in the capacity of a manager in an organization and initiates, analyzes, and executes projects with technical understanding, ensuring that the objectives are achieved successfully.
Also, he's a fierce advocator of a project and as such is responsible for either its heroic success or colossal failure.
The traditional project champion duties of coordination and control are on display when the project champion manages and runs the activities of the team.
When costs to purchase inventory are rising, using LIFO leads to reporting <u>lower</u> cost of goods sold and <u>higher </u>net income than FIFO.
<h3>LIFO and FIFO</h3>
LIFO means last in last out while FIFO represent first in first out. In a situation were price of goods and service are falling using LIFO tend to assume that the newer and less expensive inventory is sold out first.
This tend to lead to lower cost of goods sold and higher net income.
Inconclusion when costs to purchase inventory are rising, using LIFO leads to reporting <u>lower</u> cost of goods sold and <u>higher </u>net income than FIFO.
Learn more about LIFO and FIFO here:brainly.com/question/24938626
Three essential <span>principles of test construction are:
1. consistency. It refers to the consistency </span><span>between the goal of the subject, course, and the methods of teaching goals. Also consistency between the methods and what the test measures. </span><span>
2. validity. Validity refers to t</span>he ability of a test to measure what it was designed to measure. It can be material od skill.
3. reliability. The <span>test must be constructed in such a way that it will produce reliable, consistent results .</span>