This statement is False.
What is Lifecycle of business ?
A product's life cycle is the series of events that start when it is first created, follow it as it develops into a mature product, reaches critical mass, and then begins to decrease. A product's life cycle typically includes the following stages: product creation, market launch, growth, maturity, and decline/stability.
- In business, a product's life cycle tracks its development, maturation, and decline.
- The business, economic, and inventory cycles are other business cycle categories that have a life cycle-like trajectory.
- In the early stages of product development, seed money is frequently used.
- It is beneficial to research a competitor's product's life cycle.
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Answer: True
Explanation:
Express and actual authority refers to the agent's power to act on behalf of a principal, which had been granted by the agreement that already took place between the agent and principal.
It should be noted that government is bound by the acts of its agents which are committed within the scope of their agents authority, like the express and actual authroity.
Therefore, the correct answer is True.
Answer:
<u>Threat of new entrants.</u>
Explanation:
Porters Five Forces includes;
- The bargaining power of customers,
- The threat of substitute products or services and others,
- The bargaining power of suppliers,
- Competitive rivalry and finally,
- Threat of new entrants.
However, it is the threat of new entrants scenario we find in Bigfoot's case because Zappos is experiencing reduced market share because of the new entrant (Bigfoot).
<span>Gold is the main commodity on the JEB. Right now gold is trading around the $1250 level.</span>
Answer: Assets are listed in descending order of liquidity
Explanation:
According to accountant principles, the assets are always listed starting with the most liquid asset. It has the special purpose of helping to the shareholders and company owners to know what assets are easily sold and become in cash flow. The most liquid asset is always the cash, it is the first in the list. Commonly the second asset listed is the inventory, then we have ththe realizable value ( it includes bonds, stocks and other stock market elements), followed by the elements available for sell, at the end we can find listed long term resources including fixed assets and intangible assets.
