Answer:
Decline
Explanation:
The product life cycle time can be defined as the process that a product undergoes beginning right from it's inception into the market until it declines or is removed from the market. The product life cycle has four stages namely:
- Introduction
- Growth
- Maturity
- Decline.
In the decline stage the sales of the product reduce drastically at a very high rate. The organization tends to lose a lot of shares in the market.
In the decline stage the product is threatened with low sales and eventual removal from the market if the company does not come up with a new designing and rebranding approach.
Answer: The five components of internal control are control environment, risk assessment, control activities, information and communication, and monitoring.
Explanation:
The five components of internal control are control environment, risk assessment, control activities, information and communication, and monitoring.
Control environment; is also known as internal control environment. These are set of standards and structures that guides the basis of carrying out internal control within an organization. It is the awareness, attitude and action of the management team regarding internal control and it's relevance to the organization
Risk assessment is used to describe the process and method of identifying hazard and risk which have potentials to raise harm in an environment
Control activities are policies, techniques and procedures that are pit in place to manage or reduce risk in an environment. Their actions carried out to minimize or limit risk in an environment
Information and communication is a method of information being passed through systems by means of communication. To place everyone involved in the system enlightened by communicating properly to them.
Monitoring is the act of observing a process to control both success and failure that may tend to arise within the process.
Answer:
The answer is given below.
Explanation:
The effect of this tax cut would be a resultant shift in the IS curve to the right, resulting in higher interest rates, currency appreciation, and bigger current account deficits. The tax cut would encourage consumers to spend more and, thereby increasing planned expenditure. The tax cut raises both income and the interest rate.
Answer:
The contribution margin per unit is 0.98$
Explanation:
<em>4.25 revenue</em>
1.75 copo paper
1.18 shipping cost
.34 sales commision
<em>3.27 total variable cost</em>
Contribution 4.25 - 3.27 = 0.98
The contribution margin per unit is 0.98$ This is what is left after paying the variable cost.
Answer:
D. obtaining a commitment from the customer.
Explanation:
Closing a sale is the equivalent of making a sale.
To consider a sale done, you need to have a commitment from the customer to buy the product/service you're offering. That usually mean receiving money or at least firming a binding contract.
None of the other options is describing a complete sale. A and C are potential leads/sales... while B if of course the opposite of closing a sale.
