Answer:
b. When using ABC for service industries, special methods must be used to identify cost pools and cost drivers due to the unique nature of the services offered.
Explanation:
The cost pool method are the same we should look for activities which add value to the product to provide a more accurate product costing.
In cases of services the company will also determinate activities considering this premise therefore, there is no especial nature to offer to the client.
Answer:
1. Threat of new entrants to the industry and the power of suppliers are the strategic issues facing craft brewers in 2017. The threat of entry has a great effect on a companies willingness to expand its product base in fear that a new entrant will either mimic or produce a substitute for their product.
2. I would recommend that small breweries need to get out there and get their product in the minds of more customers, use social media to target their audiences and consumers. They should also invest in equipment that will reduce labor costs in the long run. Risk of supply availability can be mitigated by using multiple suppliers or becoming your own suppliers and also selling to other breweries, making another source of income.
Answer:
Making music leading to becoming a musician, basketball leading to wanting to be in the nba, etc.
Explanation:
Answer:
C.) The law will have no impact on the market.
Explanation:
The minimum wage refers that the producers could charge high amount as compared with the wages i.e. minimum also the equilibrium wage would be more than the minimum wage so this represents that the market is an equilibrium point and hence there is no impact on the market
Therefore the option C is correct
And, hence all the other options are wrong
Answer:
Biometric
Robotics
Big data
AI technology
Virtual business process
Explanation:
There are many technologies that are emerging everyday. We are in an era where there is new thought to digitalization every hour. The experts have paced their work to contribute towards digitalization and make the business process easier. The business process has been eased but there are many impacts that an organization has to face for digitalization. There is robotics and many employees has been made redundant due to robotics as the robots perform tasks better than human and they do not need any breaks.
Artificial intelligence is also one the impact that modern day businesses face. There are decision making process which is now converted to AI and reliance is made on their results. Instead of analyses by employees and company management complete reliance is placed on AI.
