<span>Private good is a product and/or service produced by a private business and purchased to increase the utility and/or productivity of the buyer. The majority of the goods and services consumed in a market economy are private goods, and their prices are determined by the market forces of supply and demand. Private goods are both excludable and rivalrous, where excludability means that producers can prevent some people from consuming the good or service based on their ability or willingness to pay and rivalrous indicates that one person's use of a product reduces the amount available for use by another. In practice, private goods exist along a continuum of excludability and rivalry and can even show only one of these traits.</span>
<span>When analyzing the company Zynga in regards to their SWOT analysis, the marketing capabilities and skillsets that the brand holds would be seen as a strength in the broader analysis, because it is a competitive edge they hold over their counterparts.</span>
Answer:
The share of bill net income is $24,857
Explanation:
The computation of the share of bill net income is shown below:
Given that
Profit sharing ratio of Bill and BOb is 6 : 1
And, the net income of the firm is $29,000
So, the share of bill net income is
= Net income × bill share
= $29,000 × 6 ÷ 7
= $24,857
Hence, the share of bill net income is $24,857
We simply applied the above formula so that the correct value could come
And, the same is to be considered
A receiver<span> is a person appointed by a bankruptcy court or secured creditor to run a </span>company<span> for a short period of time. A </span>receiver's<span> main function is to liquidate all available assets and ensure as much debt as possible is paid back to creditors.</span>
Answer:
a. identify strategies that exploit external opportunities, counter threats, build on strengths, and eradicate weaknesses.
Explanation:
SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats.
It is used to assess an organization's competitive strength and to devise strategies accordingly.
Strengths relate to an organization's specialization which provides a competitive edge to it.
Weaknesses refer to shortcomings or limitations of an organization. Weaknesses could be inherent.
Opportunities refer to favorable situations available at the disposal of the organization which it must seize immediately.
Threats relate to dangers arising out of changes in the business environment.
The aim of SWOT analysis activity is to come up with those strategies which make the most out of available opportunities, overcome threats, further build up strengths and eliminate weaknesses.
