Answer:
The correct answer to the following question will be "Flowchart".
Explanation:
A flowchart is some kind of diagram representing a process or workflow. You can also define a flowchart as a diagrammatic recognition of a dataset, a move-by-step strategy to resolving a task. The flowchart displays the phases as different types of boxes, or their sequence by linking the boxes to arrows.
Most common forms of flowchart include:
- Process flowchart.
- Swimlane Flowchart.
- Workflow Diagram.
- Data Flow Diagram.
Every flow chart deals with one specific system or process. They are an important instrument for process improvement. They support project teams to recognize the different components of a process by providing graphical representation and understand the interconnections between the different steps.
Therefore, Flowchart is the right answer.
This scenario best illustrate Backward vertical integration
Explanation:
Backward integration is a vertical integration that extends the role of a organization to perform roles traditionally performed by firms in the supply chain.
In other terms, backward integration is where an enterprise imports another company providing the necessary goods or services for production.
For examples, an company might purchase the product or raw materials manufacturer. Businesses often complete retrograde incorporation of these other businesses or combine of them. However, they may set up their own divisions to perform this mission.
The relationship between the straight-line and double-declining-balance method is that they D. Produce the same total depreciation over an asset's useful life.
<h3>How are the straight-line and double-declining-balance methods related?</h3>
While they do not produce the same depreciation every year, they will eventually depreciate an asset in the same way overtime.
What this means is that both methods will depreciate an asset by the same amount at the end of the asset's life. However, the depreciation amounts will vary by method on an annual basis.
In conclusion, option D is correct.
Find out more on depreciation methods at brainly.com/question/26948130.
Answer:
produce a profit
Explanation:
<u>Price</u> refers to the amount of money that is paid by one party to another to acquire a particular commodity or in return for unit of commodities. Some of the factors that determines the price of a commodity include cost of production, product demand, product supply, targeted profit, and among others.
A <u>profit</u> is the amount earned from selling a commodity minus the amount expended to purchase, operate, or produce the commodity.
The primary aim of an entrepreneur is to make a profit, and price setting is one of the important activities that influences a profit. Since the higher the price, the higher may be the profit. However, a higher price may also dicourage customers from buying a product and then reduces profit.
Therefore, setting prices for products and services requires entrepreneurs to balance a multitude of complex forces as entrepreneurs determine prices for their goods and services that will draw customers and <u>produce a profit</u>.
