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3 years ago

What are some events that have significantly influenced and changed the sport industry? Please explain.

Business

1 answer:

Yuki888 [10]3 years ago

5 0

Answer: WORLD WAR 1 AND II

BICYCLE CRAZE

ENDORSING.

Explanation:World war 1 is also known as the FIRST WORLD WAR it took place between 1914-1918, it made sports Competition popular among soldiers such as Football, Athletics etc the love of sports led to the creation of leagues among soldiers and war criminals. World war II significantly affected the sports as.moat of the plays were called-off,sports men were recruited to fight etc.

The bicycle craze had a great significant in sports as the urge for bicycle rasing started immediately after the invention of bicycles in the 1800s.

ENDORSING have impacted sports greatly as many multinationals have been involved in endorsing spots men and women,this has helped to increase the urge for sporting activities.

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The government might enact a price ceiling in order to accomplish what

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A limit of spending of the government,

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Prepare journal entries to record each of the following transactions of a merchandising company. The company uses a perpetual in

k0ka [10]

Answer:

Nov 05

Dr Merchandise inventory 9,000

Cr Accounts payable 9,000

Nov 07

Dr Accounts payable 350

Cr Merchandise inventory 350

Nov 15

Dr Accounts payable 8,650

Cr Merchandise inventory 346

Cr Cash 8,304

Explanation:

Preparation of Journal entries

Based on the information given we were told that on Nov. 5 the company Purchased 900 units of product at the amount of $10 per unit which means that the Journal entry will be:

Nov 05

Dr Merchandise inventory 9,000

Cr Accounts payable 9,000

(900 units *$10 per units)

Based on the information given we were told that the company on Nov. 7 Returned 35 defective units from the the month of November 5 purchase in which they received full credit which means that the Journal entry will be:

Nov 07

Dr Accounts payable 350

Cr Merchandise inventory 350

(35*$10 per units)

Based on the information given we were told that the company on Nov. 15 Paid the amount of money due from the month of November 5 purchase in which they minus the return on November 7 which means that the Journal entry will be:

Nov 15

Dr Accounts payable 8,650

(9,000- 350)

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3 years ago

An organization that creates many products with similar characteristics, using assembly lines would most likely be categorized a

Kisachek [45]

Answer:

Continuous manufacturing organisation

Explanation:

Continuous production uses a production plant to manufacture a product continuously. It is also called continuous flow.

This is so called because the materials inputted in the production process is in continuous motion as it moves through the production line.

The products tend to be similar or standardised with no distinguishing features. For example cement, fertiliser, and sugar

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2 years ago

The payoff matrix represents hypothetical profits that could be earned by two milk sellers who have formed a cartel. each seller

vazorg [7]

For the statement "The payoff matrix represents hypothetical profits that could be earned by two milk..." and the Milky Mose table Both will cheat Option C. This is further explained below.

<h3>What is a payoff matrix?</h3>

Generally, payoff matrix is simply defined as when one player's tactics and those of the other are represented in a table called a payoff matrix, they are listed in rows.

In conclusion, In order to get an edge, both parties will engage in dishonesty. As a result, both parties will be tempted to cheat in order to gain an unfair advantage.

The payoff matrix below represents hypothetical profits that could be earned by two milk sellers who have formed a cartel. Each seller must decide if they want to cheat or not to cheat on the production quotas in the cartel agreement. Use the payoff matrix to answer the questions below. Does either member have an incentive to cheat? Heifer's Gold will cheat, but Milky Moo will not. No, neither has an incentive to cheat, Yes, both will cheat. Milky Moo's will cheat, but Heifer's Gold will not

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2 years ago

Which of the following is most likely to be a constraint to implementing your suggested solution?A. Sales reps who are unwilling

pentagon [3]

<u>Explanation</u>:

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It is apparent from the case that the company is experiencing a drop in the sales from the past 5 years and thus, the financial reserves will be a constraint in the accomplishment of the idea.

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Being a newbie to the company, it is a wise option to follow the instructions of the reporting authority to establish rapport with the owner of the organization.

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It is also evident from the case of the financial crisis and recession in going in the market due to which the customer has a lower income to make purchases.

v. Suggesting techniques to help our sales reps become more trusted advisors

It is the time to perform a forward step by the sales reps to take the role of the advisors i.e. trusted ones for the customer in recommending the best of all.

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3 years ago