<span>FIFO (First in, First Out) reports higher gross profit and net income than the LIFO (Last In, First Out) method when prices are increasing. The FIFO method refers to an inventory system wherein the first items purchased are thought to be sold while the most recent purchases make up the ending inventory. On the other hand, the LIFO method assumes the opposite. The ones sold are the most recent purchases while the earlier purchases are included in the ending inventory. </span>
As Sanjay's company was the first to introduce fresh food meal kits in a box that are delivered to consumers' homes, the idea is an example of innovation.
<h3 /><h3>Business innovation</h3>
Innovation is vital to the long-term success of the business in the marketplace. It can be defined as the process of creating a new idea, method or object to fulfill some need. In the business environment, innovation will be a competitive differentiator for a company.
Therefore, disruptive and incremental innovation are essential concepts to generate value, efficiency and positioning for an organization in the market.
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Since sagar works for a financial advising firm. he must create a financial plan and come up with a list of securities in which his client can invest. This is a investment.
<h3>What is an investment?</h3>
It should be noted that a investment simply means the use of mine in order to create further revenue for the company.
In this case, it was stated that Sagar create a financial plan and come up with a list of securities in which his client can invest. Therefore, this shows that this is an investment.
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sagar works for a financial advising firm. he must create a financial plan and come up with a list of securities in which his client can invest. sagar must make decisions regarding the investments that he should recommend to his clients to include in their portfolio. Is this an investment or capital market?
