Answer: Option D
Explanation: In economics, inflation means the increase in the general price level of goods in an economy and the decrease in the value of money. This process occurs over a period of time.
In a scenario of inflation the purchasing power of the consumers decreases leading to a decrease in demand. Inflation could be controlled but is unavoidable and hence every economy faces some level of inflation every time.
Hence from the above we can conclude that the correct option is D.
Answer:
B. Fitness equipment.
Explanation:
The core business of Anytime gym is fitness equipments. It is the main or essential activity of the Anytime gym business as it is what improves customer value and drive profits.
Generally the core business activity of Anytime Gym refers to the key activity of the enterprise.
Core business activity contains a clear company identity, in this case the name Anytime gym suggests that the business is involved in gym activities and what stand for.
Answer:
calculates contribution margin while the absorption costing income statement calculates gross margin
focuses on fixed and variable expenses, while an absorption costing income statement focuses on period and product costs
Explanation:
variable costing income statement can be regarded as statement whereby all variable expenses are been removed from revenue so that separately-stated contribution margin can be gotten. And all fixed expenses are also removed so that net profit/ loss for that particular period can be known. While absorption costing income statement utilize absorption costing in creating
income statement.
Correct/Complete Question:
When a manager identifies an opportunity, he or she generates alternatives to pursue the opportunity, selects one of them, implements it, and then evaluates the results. This manager is acting out the ____ process.
A. decision-making
B. control
C. formal leadership
D. managing
E. alternative-generating
Answer:
A, decision-making
Explanation:
Simply put, decision-making can be defined as the process of making decisions.
These decision making processes involve identifying the problem, creating a solution, implementation and evaluation of solution. All these processes are psychological or cognitive as it helps the the individual to make a decision from a bunch of options.
As in the question, the identification of an opportunity, generation of alternatives, implementation and evaluation of the generated processes shows the manager is showing his or her decision-making qualities.
Cheers.
Development is the process of an economy’s increasing industrialization, standard of living, and economic wealth.
When there is a development in economics, they focus on improving the fiscal economic and social conditions in developing countries. Development does not happen over night or at a fast pace but eventually the areas they want to have developed become more economically sound to keep up with the economy's needs. There are 4 stages of economic development, they are expansion, peak, contraction and trough.
