Answer: why, to ward off threat from their competitors. Why not, they should avoid unholy competition fair practices and exhibit only those practices that are capable of sustaining perfect competition.
Explanation:
Courier service : This is a service provided by a private postal organizations that specializes in fast, quick delivery of mail's, parcels for people,. FedEx is an American multinational company that specializes in the provisions of these services both local and around the world. Their services ranges from the provisions of quick delivery of mail's and parcels to their destinations promptly, ensure that their customers goods or parcels are delivered safely to their destinations that is their is no loss of goods in transit, they also provides extended hours of services to their customers. In addition, they also insure the goods or parcels with the insurance company in order to provide an insurance cover for the goods or parcels in case of loss.
The competitors are the firms operating within the same industry and providing similar or substitute product or services. The aim of every competitors in the market is to gain the largest share of the market. The competitors want to become the market leader. The question now is why or why not, to answer the question of why, the competitors should imitate the approach of their competitors in order to learn about the operations of their competitors with a view to ward off whatever threat that may come from them.they can do these by looking at the competitors product packaging, pricing policies, Discount structures, promotional and distribution strategies. All these need to be well understood. The knowledge of these would help the organization to understand and respond positively to pressures from their competitors. For instance, if their competitors has been making use of advertising, the firm should consider other alternatives such as promotion or publicity.
To answer the question of why not, a firm should not imitate the approach of FedEx in the international market and take market share away from the company, because a firm should avoid a reckless and damaging competition rather they should see one another as partners in progress. They should avoid an unholy competition fair practices, they should always exhibit only those practices that are capable of sustaining perfect competition.
1. Be descriptive but not too general or vague. Don't choose a name that is too vague or too meaningful.
2. Use related words in a creative way.
3. Keep it simple.
4. Don't copy your competitors.
5. Avoid using your own name.
6. Choose a name that's scalable.
7. Make sure you have a related domain.
The potential risks that these three groups fall into the same category is that it is a low percentage and it is not a realistic proposition.
According to the theory of 50, 20, 30, a person's salary should be divided into 3 buckets that are:
- 50% of salary must go towards mandatory expenses (housing rent payments, utilities, medical care, basic food, and transportation).
- 20% of the salary must be used for savings and debt payments (programmed savings for old age or a special event, or the payment of debts such as card payments, bank loans, among others).
- 30% of the salary must be allocated for non-priority expenses (it is the expenditure of money on experiences, objects, or others that are not essential for the individual).
This income distribution is unrealistic because most people spend more than 50% of their salary on compulsory expenses, reducing their economic capacity for other purposes.
In this way, the 20% destined to savings and payment of debts would be a minimum amount of the salary, which could have serious consequences such as:
- Inability to pay debts
- Inability to save for the future
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Answer:
$5,500
Explanation:
When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.
To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.
Adjustments to allowance required
= $15,000 - $9,500
= $5,500
The entries to be posted are
Debit Bad debt $5,500
Credit Allowance for Doubtful debt $5,500
Firms are more likely to effectively leverage their technologies in new markets if they identify new applications of the technology by identifying the best mode to generate profits from new markets. best, profits, new the sentence.
<h3>What are Firms?</h3>
Generally, Firms are simply defined as the business as an essential component of any economic system in which individuals satisfy needs via the division of labor and the trade of products and services.
In conclusion, Firms are business-oriented organizations.
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