Answer: Option B
Explanation: An organisation can earn sustainable competitive advantage in the market only if they have some special assets or rights that they can use to attract the customer and maintain their base for a period of time.
Although, globalization has made the world a single market and every entity is now focusing on maximizing their consumer satisfaction by doing researches and setting benchmarks.
Hence as every second entity operating at a global level is doing the given activities therefore none of them can get competitive advantage.
The ability to meet short-term obligations and efficiently generate revenues is called Liquidity and efficiency.
When a financial asset or security may be quickly and easily converted into cash without depreciating in value, this is referred to as having liquidity.
In other words, the degree to which an asset may be swiftly purchased or sold on the market at a price representing its underlying value is referred to as liquidity. Due to its ease and speed of conversion into other assets, cash is regarded as the most liquid asset.
Business efficiency is the amount of output a firm or organization can create given the time, money, and resources available. In other words, a company's efficiency refers to how well it can turn resources like labor, capital, and raw materials into services and goods that generate income.
To learn more about Liquidity and Efficiency refer to:
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Answer:
Alpha Kappa Psi is among the largest business student organizations on campus. Known for developing principled business leaders, Alpha Kappa Psi is the world's oldest business fraternity.
Answer:
Adjusted gross income = $51000
Explanation:
given data
gross income = $50,000
Charitable contribution = $2,000
Taxes and interest = $7,000
Legal fees = $1,000
Medical expenses = $3,000
Penalty = $250
to find out
Adjusted gross income AGI
solution
we get here Adjusted gross income AGI is express as
Adjusted gross income = gross income + Taxes and interest - Charitable contribution - Legal fees - Medical expenses ............................1
put here value we get
Adjusted gross income = $50,000 + $7,000 - $2,000 - $1,000 - $3,000
Adjusted gross income = $51000
