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Answer: Situation analysis
Explanation:
The situation analysis is the collection of all the methods which is specifically used by the manager in an organization for analyzing both external and the internal environment of the firm.
It is the process of evaluating the growth of the company and the potential of the customers in terms of business. The importance of the situation analysis is that it provide strength and various types of opportunities in the market.
Therefore, Situation analysis is the correct answer.
Answer:
Debit Credit
Work in process inventory $15,000
Manufacturing overhead clearing account $15,000
Explanation:
First determine the amount of applied overhead which can be calculated as follows
Applied overhead=Rate per machine hour*number of hours
Applied overhead=$5*3,000=$15,000
The journal entry for the applied overhead shall be made as follow
Debit Credit
Work in process inventory $15,000
Manufacturing overheads clearing account $15,000
Given that Terin's employees have set their objectives in the company, the next thing that Terin expects from these employees would be to develop action plans.
Option D is the correct answer to this question. The action plans are sets of strategies that the employees have laid out that would help them to achieve their goals and objectives.
In order to do this, they have to make up lists of the things that they want to achieve in the firm and also list the strategies that they would employee to achieve them.
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Answer:
True
Explanation:
The theory by Paul Samuelson postulated that trade liberalisation makes a rich country worse off when trading with a poor country.
Paul Samuelson being the American that won the Nobel Peace Prize in Economics, was also called the Father of Modern Economics.
He authored the best-selling economics textbook: Economics: An Introductory Analysis, which is considered an authority in Keynesian Economics.
