Which scenario is an example of market saturation? The single coffee shop in town usually has a long line of customers and tends
to stay busy during business hours. There are three shoe stores on one block in town, and they have trouble finding customers and making a profit. A second health club will open because the only health club in town is too crowded to accept new customers. It can be difficult to get reservations at the only upscale Ethiopian restaurant in town, and it is best to call in advance.
The scenario that is an example of market saturation is B. there are three shoe stores on one block in town, and they have trouble finding customers and making a profit. Market saturation refers to the fact that there is a lot of the same product, so that it is really unnecessary. Here, having three stores which sell the same product on the same block is too much, as people aren't going to visit all three of them, so all of them are going to lack customers, and thus they aren't going to profit at all.
Explanation: In simple words, multilateral world culture refers to the culture in which different communities are considered to be independent to follow their culture and norms.
In such a system , the world accepts and runs on different culture with other economic activities running on some different agenda. Recent trends have shown that world has been going toward this system as most of the Asian countries are now accepting the western culture and vice versa.
It is an accounting quantity that aggregates all the income that a company or accounting unit has had, due to its ordinary activity, in a given period of time.
Revenues are accounted for when they are made independently of the monetary flow, that is, the moment of payment is not taken into account. In addition, the volume of sales or business is increased as the activity grows on the part of the company and not when monetary contributions are produced by the partners.
His business will most likely be classified as C. Service business
Explanation:
Mondie Weller will be paid for residential landscaping services.The best classification will be a Service Business since the value the client gets varies from client to client as per their needs. Also there is no conversion of inputs into output so it will be incorrect to call it a Manufacturing Business.