All categories

3 years ago

Describe at least one global trend that you think offers a business opportunity in the global marketplace?

2 answers:

8 0

Well something that is a global trend here is the advancements in technology. This is because it allows business to be done quicker and more efficiently by optimizing time and energy.

fredd [130]3 years ago

7 0

Answer:

Online sales

Explanation:

Online sales are a trend that has set itself with great potential and are changing the ways of marketing and consuming goods and services. Before this trend, people went to stores to buy. This still exists, but a good portion of the population prefers to shop online without leaving the comfort of home. So when opening a business I consider it of utmost importance to invest in an online sales platform.

You might be interested in

Morrow Inc. uses the percentage of credit sales method of estimating doubtful accounts. The Allowance for Doubtful Accounts has

Black_prince [1.1K]

Answer:

$9,400

Explanation:

The computation of ending balance in the Allowance for Doubtful Accounts account is shown below:-

The ending balance in the Allowance for Doubtful Accounts account = Net credit sales × Bad debt losses + Unadjusted credit balance

= $190,000 × 3% + $3,700

= $5,700 +$3,700

= $9,400

Therefore for computing the ending balance in the Allowance for Doubtful Accounts account we simply applied the above formula.

7 0

2 years ago

You have recently won the super jackpot in the Washington State Lottery. On reading the fine print, you discover that you have t

icang [17]

Answer:

should choose option a

Explanation:

option a)

annuity due, 31 payments of $180,000 per year, 6.25% discount rate

Present value = $180,000 x 14.40432 (PV annuity due factor, 6.25%, 31 periods) = $2,592,726

option b)

$500,000 today + ordinary annuity, 30 periods, 6.25%, $144,000

present value = $500,000 + ($144,000 x 13.40432 [PV annuity factor, 6.25%, 30 periods)] = $2,430,222

6 0

2 years ago

The journal entry to record direct labor used in process costing is a(n): Multiple choice question. increase in assets and an in

amid [387]

Answer:

Increase In Assets and an increase in liabilities

Explanation:

DIRECT LABOUR can be seen or defined as the labour a person or an individual put in the production of goods and services in which they are been paid for as wages.

Therefore The journal entry to record DIRECT LABOR USED IN PROCESS COSTING is a(n):

INCREASE IN ASSETS and AN INCREASE IN LIABILITIES reason been that in direct labour used in process costing an increase in Asset will as well lead to Increase in Liabilities.

6 0

3 years ago

When you decide to go and have a dinner with your friends in a world class hotel such as the Golden Tulip or La Pleasure Beach,

bezimeni [28]

Answer:

A. Price makers

B. Brand name

Explanation:

A. The hotels charge very high prices for wine and soft drinks because they are not price takers. They do not consider the price prevailing in the market for the products they are offering to the customers. They are price makers and select to charge the price they want to maintain their current hospitality. It their perception that wine and soft drinks are part of luxury. The food is an essential and people are not allowed to bring outside food in the hotel so they will buy it but when they will consume food they will also require the drinks as a part of their meal.

B. The people in today's world are so much brand conscious. They will pay for a name tag so they will be regarded for their high status in the society despite of low quality products. The ease of shopping at the branded stores is another reason for their high sales.

5 0

3 years ago

Highlight four ways of improving productivity of labour as a factor of production

UNO [17]

Answer:

Following are the four ways for improving the productivity of the labour is given below

Explanation:

If we give the proper resource assignment to each worker at the proper time we will increase the productivity of the labor .
Increasing the skills by guiding the labor to the latest technology so they know the latest or the current technology they will increase the productivity .
If we enhancing the physical capital it means if we dependent on the machinery they will increase the productivity .
Giving the incentive to labor at the particular interval of time we will increase the productivity.

3 0

3 years ago