Answer:
A ). Look at competitors' sales and profitability
Explanation:
A new business is a fresh entrant in the market. It does not have records to use in projecting future sales. The company will operate in a competitive industry. To be able to predict its sales, the business will have to rely on data from other firms in the industry.
A study of its competitor's sales and profits will provide the business with a clear picture of what to expect. The new entrant figures should not vary with its competitors with huge differences.
Using guesswork is will probably mislead the directors of the business. Most likely, they will get over-ambitious, which will frustrate them when they begin operations. As they are new, they cannot use the previous year's receipts.
Answer:
This is an example of gap 2 in the GAP model.
Explanation:
The GAP model is a connection between the quality that a company is producing with the satisfaction that the customers are receiving from their products.
As per the model, there are five major gaps known as gap 1 all the way to gap 5. They are the extent to which the company meets the expectation of the customers through their products. The above situation falls in gap 3 of the GAP model where the customers lack satisfaction due to bad product quality.
Answer:
consumer services
counseling and mental health services
early childhood development and services
family and community services
personal care services.
Explanation:
The Human Services Career Cluster are simply skills that prepares one to take on jobs that cater for human and family needs. This job could either be as a social worker, pedicurist, etc, as human needs will be addressed.
The pathways which are part of the Human Services career cluster include consumer services
counseling and mental health services
early childhood development and services
family and community services
personal care services.
Answer: unaffected
Explanation:
We should note that a retrospective adjustment isn't necessarily needed when there's an alternation to a accounting estimate.
With regards to this Barney's retained earnings as of December 31, 2021, would neither be understated or overstated but would be unaffected.
Usually, a minimum wage that is set below a market's equilibrium wage will result in an excess demand for labor, which is, a shortage of workers.
<h3>What is a
market's equilibrium wage?</h3>
The equilibrium market wage refers to an intersection of the supply and demand for labor wage.
The minimum wage means the ceiling wage that must be paid to the labor.
Hence, when a minimum wage is set below a market's equilibrium wage, it will result in an excess demand for labor, which is, a shortage of workers.
Therefore, the Option B is correct
Read more about equilibrium wage
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