Answer:
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Explanation:
IT'S ON AMAZON
Firm I should begin distribution on its own in order to prevent loss and
liquidation of the company.
It is best for the company to become vertically integrated in instances such
as this. Vertical integration involves companies controlling more than one
stage of production.
By so doing, the company can restrategize and ensure its products satisfy
the customers through the adoption of the technology they are complaining
about. This helps to ensure increased profit made from the goods.
Read more about Vertical integration on brainly.com/question/19815172
Answer:
Business Environment Research
Explanation:
Very intensive 'business environment research' strategy is important for any company trying to open more stores in any new market. Business Environment refers to external factors that affect a business.
All the aspects of market environment
- Economic (Growth, Income, Monetary Policy, Interest etc)
- Political (Political stability, business community trust)
- Legal (Laws, Rules & Regulations, Mandates etc)
- Social (Customs, Beliefs, Lifestyles, Values etc)
- Technological (Ongoing scientific & technical upgradations)
It is important to understand all these aspects to be able to understand a market better, & sell (expand) their successfully.
Answer:
The LCNRV basis is justified because of a decline in the selling price of the inventory item
Explanation:
The accounting standard for Inventory under IFRS IAS 2 requires that inventory be recognized at cost which includes all the cost incurred to bring the item of inventory to a state or place where the item of inventory becomes available for sale.
These costs includes cost of purchase, freight, Insurance cost during transit etc.
Subsequently, inventory is to be carried at the lower of cost or net realizable value.
This is justified where there is a decline in the selling price of inventory as it ensures that the amount stated in the books is fairly representative of the amount that may be realized from the sale of the inventory items.
