Step six is to complete the plan.
The basic six steps are:
- receiving the requirements
- issuing a warning order
- making the tentative plan
- initiating the movement
- conducting the <span>reconnaissance, and finally
</span>- completing the plan
It is also advisable to follow the 6 steps by two additional steps which are:
- issuing the complete order
- supervision
Answer:
$31,000
Explanation:
Data provided
Cost of goods sold = $29,000
Beginning inventory = $21,000
Ending inventory = $23,000
The computation of inventory purchased during the year is shown below:-
Cost of goods sold = Beginning inventory + Purchase inventory - Ending inventory
$29,000 = $21,000 + Purchase - $23,000
Purchase inventory during the year = $31,000
Answer:
Columbia; Foreign exchange risk
Explanation:
Foreign exchange risk otherwise known as FX risk or currency risk refers to losses that affects the rate of returns on international investments as a result of currency instability of fluctuations. This is because the US dollar is stronger than most currency and there is little to no fluctuation of the currency which doesn't give a cause for concern on investments.
Columbia has the highest pecentage growth amongst emerging countries in 2000-2011 because of its political stability, investment friendly policies as well a sustained growth rate over the years that have attracted lots of investors.
Cheers.
Answer:
<u>Question 1. </u>
Significant barriers to entry.
<u>Question 2.</u>
A formal collusive arrangement among firms.
<u>Explanation:</u>
Question 1.
It is only when there are restrictions to entering a market that a monopolistic firm will continue to earn economic profit in the long run. That is, <em>if it continues to be the only firm (without competitors) offering products or services.</em>
Question 2.
Remember, a cartel is a <em>unanimous agreement</em> (or formal collusive arrangement) by a group of firms to regulate supply and prices of products in it's industry.
