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xxMikexx [17]
3 years ago
5

During industrialization, smaller businesses struggled to compete with large corporations because small businesses

Business
1 answer:
icang [17]3 years ago
4 0

Answer:  Option B

                   

Explanation: In simple words, cost cutting refers to the process in which an organisation modifies or re- implement its production and distribution process with the sole object of reducing the cost of production.

By reducing the cost of production an organisation can charge low prices for the product in the market and attract more customers. Although this process sounds straight but it is not easy for the firms orating at small level.    

           Large firms can easily cut their cost without affecting quality as they have huge scale of operations and they purchase inputs at a high volume which makes them applicable for particular discounts.

Thus, from the above we can conclude that the correct option is B.

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d. Buy in-the-money calls on oranges

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3 years ago
Onslow Co. purchased a used machine for $144,000 cash on January 2. On January 3, Onslow paid $10,000 to wire electricity to the
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Dr Fixed asset  $156,000

Cr Cash             $156,000

Being entries to record the cost of the machine

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