Answer:
$5,000
Explanation:
Taxpayers can claim deduction on start up cost incurred by them to start an organization. Investigation cost is one such start up cost that can be claimed as deduction. In the first year lesser of following two conditions is claimed as deduction
1. $5,000
2. Original cost incurred.
In this case, investigation cost incurred by Wanda is $13,600 which is more than $5,000, she can claim deduction of $5,000 in the first year or current year. Rest of the amount is spread across 180 months starting from the month when operations begin.
Answer: Option B
Explanation: Differentiation strategy refers to the strategy in which a firm tries to differentiate itself from the market by developing a unique product that has never been introduced before. It is done with the objective of gaining competitive advantage by starting one's own market base.
However, this has a major pitfall as the product that the consumers might not find that product valuable as much or the production cost would be too high that it lead to premium pricing.
Hence from the above we can conclude that the correct option is B.
Answer:
How the organization should achieve the goals and objectives set by its strategy.
Explanation:
Tactical Decision: Short term decision making, it is done to support the strategy of the company.
There are controllable elements in the strategy like production such as, company sets a strategy of producing more goods than other firms. Then through <em>Tactical Decision Making </em>this goal would be achieved.
Answer:
Yes, Judy and Kristy do have an enforceable contract.
Explanation:
Kristy made a valid offer to Judy and Judy accepted.
In the offer letter, Kristy told Judy to "please respond to Bruce Townsend", but she did not specify that the only proper mode of acceptance was the response to Bruce. Since she did not specify that Judy could not respond directly to her, Judy's letter of acceptance to Kristy's offer is valid.
Answer:
(b) submit the $247,000, but disclose that the buyer may pay more.
Explanation:
A transaction broker is defined as a broker who provides limited representation to a buyer, a seller or both, in a real estate transaction, but does not represent either in a fiduciary capacity or as a single agent.