Organizational strengths will come to represent competitive advantages when they are marshaled in a way that allows them to become genuine strategic assets.
<h3>What are competitive advantages?</h3>
Competitive advantages refer to when the strengths that the organization has are used in such a way that they become genuine strategic assets.
It is these competitive advantages that will allow a company to be more successful in business because they will be able to use them to sell more than their competitors.
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Answer:
Accounts Receivables 1000 debit
Sales Revenues 1000 credit
--to record sale--
COGS 600 debit
Inventory 600 credit
--to record COGS of the previous sale--
Sales Returns 155 debit
Accounts Receivables 155 credit
--to record returned goods--
Inventory 155 debit
COGS 155 credit
--to record goods in good state returning to inventory--
Explanation:
The sale will be reocrded normally then, the return will have two impacts:
first it will decrease the amount of the receivables and make the net sames decrease therefore we will decrease net sales
Last, for the inventory as the godo are in good form and could be resale we record the reception of those good and reverse that portion of COGS sold
The right answer for the question that is being asked and shown above is that: "d. Marketing." The section of a company promotes the business is that of Marketing. They are responsible to whatever undertaking that they will do in order to promote the product or the business.
Answer:
<u>direct supervision by the upper echelon</u>
Explanation:
This according to Mintzberg was one of the structures of organizations. It is important to know that the entire theory of Mintzberg focuses on the leadership structure of organizations.
In this scenario, the simple structure would be receiving only direct supervision by the top level of command (echelon) in the organization.
Answer:
A line item within income from continuing operations.
Explanation:
In the United States of America, the International Financial Reporting Standards (IFRS) and the Generally Accepted Accounting Principles (GAAP) usually considers or acknowledges material losses that are unusual in character incurred by businesses. It is necessary to report items that are unusual in character because it gives auditors or financial experts clarity on which profits or losses are not related to the operation of the business.
Since the material loss incurred by Popson Inc. was unusual in character. Hence, this loss should be reported as a line item within income from continuing operations.
The income from continuing operations is a net income from an organization's continuous operation.
