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3 years ago

An organization's only sustainable competitive advantage lies in: Group of answer choices

Business

1 answer:

Eddi Din [679]3 years ago

3 0

Answer:

The correct answer is (C)

Explanation:

The most significant asset of any organisation are the employees. If employees work hard with full dedication they can help an organisation or a firm to attain competitive advantage. The employees' knowledge and how they apply it in performing business operations are to key to get a competitive edge over the competitors.

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6 0

2 years ago

Ramsey Company typically sells subscriptions on an annual basis, and publishes six times a year. The magazine sells 60,000 subsc

Alexxandr [17]

Answer:

The correct answer is B

Explanation:

The journal entry to record the sale of the subscription is as:

Cash A/c.............................................................Dr $600,000

To Unearned Subscription Revenue A/c..........Cr $600,000

As company made a sale of the subscription, so cash is received from sale therefore any increase in asset is debited. So, the cash account is debited. And the unearned subscription revenue is credited because cash is received against subscription sale.

8 0

3 years ago

A good example of ___________________ is a real estate business that shares data on new home purchases between the unit that sel

Ghella [55]

A good example of a market data approach is a real estate business that shares data on new home purchases between the unit that sells insurance for the home and the business unit that sold the home. A market data approach allows businesses to find and sell to consumers that fit the description of their products. They can read market data that is collected from one agency and use it to sell them their product as well because they are hand in hand products.

5 0

3 years ago

Entity B bought equipment for $240,000 on January 1, 2021. It estimated the useful life to be 3 years with no salvage value, and

mezya [45]

Answer:

Part 1

Revised depreciation expense = $32,000

Part 2

The entry to record depreciation expense :

Debit : Depreciation Expense $32,000

Credit : Accumulated Depreciation $32,000

Explanation:

Straight line method charges a fixed depreciation charge over the year of use of an asset.

Depreciation expense = (Cost - Salvage Value) ÷ Estimated Useful Life

2021

Depreciation expense = $80,000

2022

Old Depreciation expense = $80,000

New Depreciation expense = Depreciable Amount ÷ Remaining Useful Life

= ($240,000 - $80,000) ÷ 5

= $32,000

7 0

3 years ago

Describe the parliamentary meeting procedure and its purpose.

Sati [7]

Answer: Only one issue is discussed at a time

Members have equal and basic rights (vote, oppose and heard)

Minority rights are protected

Explanation:

The parliamentary meeting procedure is as follows;

- Only one issue is discussed at a time

- Members have equal and basic rights (vote, oppose and heard)

- Minority rights are protected

- The chairman authorizes anyone to speak

- The chairperson is impartial.

- Votes decides decisions

- Every member on the floor can contribute

The purpose;

They are rules to ensure businesses are operated in the right order

6 0

3 years ago