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ELEN [110]
3 years ago
9

Loger's, a high-end apparel company in Bruslon, an Asian country, cuts back on production as consumers start turning to basic pr

oducts such as food because of the economic downturn in the country. The company also lays off many of its employees to further cut down expenses. In the context of the business cycle, Bruslon is most likely going through a period of _____.
Business
1 answer:
lara [203]3 years ago
8 0

Answer:

Contraction

Explanation:

The business cycle refers to the fluctuations that happen in an economic activity over time. This cycle has 4 stages that are:

-Expansion is when the economy grows and employment is higher.

-Peak is a transition between expansion and contraction and it is a point in which the economy reaches its highest output.

-Contraction is a stage in which growth stops and unemploymetnt rises.

-Trough is a stage in which the economy gets to its lowest point before a rise.

According to this, the answer is that in the context of the business cycle, Bruslon is most likely going through a period of contraction because there is an economic downturn that forced Loger's to lay off many employees.

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What is meant by consistency when discussing financial accounting information?
goblinko [34]

Answer:

The correct answer is letter "A": Information presented by a company applies the same accounting treatment to similar events, from period to period.

Explanation:

In accounting, consistency is the principle that states a company must use an accounting method for book-keeping its transactions and the same method should be used from one period to the following. However, the consistency principle allows the company to change the current method for a more preferred method.

6 0
3 years ago
select 3 goals or objectives that a leadership plan might include to achieve a solid business strategy.
Nezavi [6.7K]

In order to achieve solid business strategy in the leadership plan, the three goals the leadership plan includes are attracting new customers, increasing revenue, and decreasing cost price.

The three main goals in order to achieve solid business strategy in the leadership plan are targeting and attracting new customers, decreasing the cost price of goods or services being offered, and increasing the revenue.

The detail of these goals is given below:

  1. Attracting new customers is considered an important leadership goal as it increases market share and promotes competition with other brands. New customers are important in terms of sales. It is needed for a business to grow.
  2. Increasing revenue It is considered an important leadership goal because the basic purpose of every business is to earn profit. More growth means more profit. If an organization will be able to increase its revenue it will be able to maximize its profit.
  3. Decreasing cost price It is considered an important leadership objective because if the sale remains same then the company will earn more profit. The cost is linked directly with profitability. More profit means more growth of the company.

Therefore attracting new customers, increasing sales of product and services offered and decreasing cost are considered three goals that a leadership plan must include to achieve business strategy.

You can learn more about business strategy at

brainly.com/question/8192142

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3 0
1 year ago
The application was built with regard to the number of files that can be sent and not built according to the size of each file.
Strike441 [17]

Answer: incomplete

Explanation: the client provided Kanska with incomplete details, in its requirement the client should have specified that the sizes of the files sent differ

7 0
3 years ago
The return for a portfolio consisting of n securities will be based on the return for each of the securities as well as the prop
andrew11 [14]

Answer:

There are some other ways to act scenario analysis. The standard method is to decide the standard deviation of regular or monthly safety returns and so calculate what amount is required for this portfolio if each security yields returns that exist two or three standard deviations above and below the average performance. This means the analyst may get a fair amount of certainty considering the difference in the value of the portfolio within a given period, by simulating these extremes. Scenarios being thought may refer to one single variable, e.g., the relative success or failure of the current product launching, or the combination of elements, e.g., those results of the product launch combined with possible changes in the activities of competitor businesses. The purpose is to examine the effects of the more extreme results to define an investment strategy.

4 0
3 years ago
Identify the role the government regulation serve in business.
castortr0y [4]
<span>The U.S. government has set many business regulations in place to protect employees' rights, protect the environment and hold corporations accountable for the amount of power they have in this business-driven society.</span>
8 0
3 years ago
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