Answer:
b. Financial statements are frequently the basis used for performance evaluations.
Explanation:
The financial statements are the accounting reports of an organization, through these documents it is possible to analyze what is the financial situation of a company in the internal and external environment, what are its greatest strengths and weaknesses.
They are instruments for evaluating organizational performance because they provide essential information about the general accounting situation of a company, which ensures greater reliability for a manager to make a decision directed to correct a problem or strategic implementation to achieve a certain result. It also allows stakeholders to analyze essential data and information when deciding to invest or do business with a particular company.
Here are some reasons why filing bankruptcy will limit your quality of your lives :
- Bankruptcy will ruin your credit score
- I will potentially make you loss your property
- It will make it nearly impossible for you to get a mortgage
To mitigate the <u>bargaining</u><u> power of suppliers</u> of the airline industry, karyn explores options for her company to manufacture its own airplanes.
<h3>What is bargaining power of suppliers?</h3>
Bargaining power of suppliers occur when companies or organization are under pressure when the price of the product they purchase from a supplier increase or when their is scarcity of the product.
Based on the scenario in order to mitigate Bargaining power of supplier karyn by telling the company to produce their own product.
Therefore to mitigate the <u>bargaining</u><u> power of suppliers</u> the company should manufacture its own airplanes.
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Answer: This is because the marginal rate of technical substitution is the ratio of the marginal product of labour to that of capital and for the output to be constant opportunity cost comes in, one input has to be reduced to increase the other input.
Explanation:
The marginal rate of technical substitution (MRTS) shows the amount by which the quantity of an input can be lowered when an extra unit of another input is utilized on order for the output to remain constant.
The marginal rate of technical substitution is likely to reduce as more capital is substituted for labor because the marginal rate of technical substitution is the ratio of the marginal product of labour to that of capital and for the output to be constant opportunity cost comes in, one input has to be reduced to increase the other input.