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Korolek [52]
3 years ago
5

in the 21st century what trends in the environmental forces (social, economic, technological, competitive, and regulatory) (a) w

ork for and (b) work against success for Prince Sports in the tennis industry
Business
1 answer:
Elina [12.6K]3 years ago
3 0

Answer:

A) Social factor will work for Prince Sports as people are more enlightened not in 21st century

Economic will work for Prince Sports 21st century because manufacturing of sport facilities and equipments are easily produced and better now, infrastructure and development will help improve Prince Sports returns. Technological will work for Prince Sports because technology is simply an improved ways of doing things and with innovation in technology, Prince Sports would be able to solved the contradiction between racquet speed and sweet spot.

Competitive will work for Prince Sports this is because with an increased competition in the of tennis sporting goods companies, Prince Sports would be force to make their brand stand out by rebranding and doing more research on their products improvement.

Regulatory Because of the regulatory forces, the Prince Sports business is governed and everything follows rules and regulations, it has helped Prince Sport to abide by the international regulation laws and prevent the local market of tennis racquets to suffer due to the trade regulations on products.

B) Worked against:

Social: At this age of Social media, people easily give of false information deliberately or unintentionally that tends to misleads customers, which works against Prince Sports.

Competition can make prince sports dwindle of they do not opt their own business

Explanation:

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Answer:

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Explanation:

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However the short term operational processes are constantly reviewed to make the business better align with long term goals as stated in the vision statement.

In this scenario where the vision statement of small businesses are being formulated the speakers will discuss what the company wants to become, and its long-term direction and strategic intent

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What occupational group falls under the service occupation cluster
Leokris [45]
Service occupations include such categories as food services, child care, home installation, maintenance and repair, etc. 
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3 years ago
Current Attempt in Progress
Allisa [31]

Answer:

Net Increase in cash = $124,200

Explanation:

Note: The correct value for Year 2021 inventory is $510,300 not $10,300.

Also note: See the attached excel file for the statement of cash flows for 2022.

In the attached excel file, the following workings are used:

Workings:

w.1: Increase in accounts receivable = Account receivable in 2022 - Account receivable in 2021 = $237,600 - $205,200 = $32,400

w.2: Decrease in inventory = Inventory in 2022 - Inventory in 2021 = $450,900 - $510,300 = -$59,400  

w.3: Decrease in accounts payable = Accounts receivable 2022 - Accounts receivable 2021 = $105,300 - $116,100 = -$10,800

w.4: Disposal of land = Land in 2021 - Land in 2022 = $270,000 - $216,000 = $54,000

w.5: Purchase of equipment = Equipment in 2022 - Equipment in 2021 = $702,000 - $540,000 = $162,000

Download xlsx
3 0
3 years ago
Funsters, Inc., the largest toy company in the country, sells its most popular doll for $15. It has just learned that its leadin
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Explanation:

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Answer Explanation

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