A shopping good that someone I know purchased is a dining set.The person conducted online research and compared the different options before settling on the item. The research was also mainly conducted on Google and Amazon. This involved reading peer reviews to decide the best product to purchase. <span> </span>
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Answer: E.When there are so many industry rivals that the impact of any one company's actions is spread thinly across all industry members
Explanation:
The more the number of players in an industry the more it gets congested and especially for the competing sellers. The decision for increasing or reducing price is met by follower firms to do the same thing. It gets less competitive because you know all the players in the industry would be following the same practices and doing the same thing.
Answer:
The income statement
Explanation:
The income statement is the document prepared accountants showing the earning of a company at the end of a financial year. The income statement is the profit and loss statement. It tells the business owners and other stakeholders how much profits the business has made. The income statement communicates vital information regarding business performance, such as total revenues, gross profits, and net expenses.
The income statement does not give all the business the information. Accountants will also prepare the balance sheet. A balance sheet shows the assets and liabilities of the business.
A cash flow statement is also prepared. It shows how much cash is available to pay bills, salaries, and debts.
