Answer: Planning
Explanation: Planning refers to the function of management that focuses on setting future goals and procedures to achieve those goals. This is a highly critical process and is performed by the senior most managers of the organisation.
In the given case, the management is trying to assess whether they should shift the production process or not. Thus, they are deciding for the procedure to be performed in production process.
Hence we can conclude that they are performing the planning function.
Answer:
The correct answer would be option D, Scholarships
Explanation:
Scholarships are basically grants, given to students who cannot pay for their education expenses. Grants are the funds that are given to an entity by the Government or financial institution or any institution which the receiving party is not required to repay. Grants are usually given to the non profit organizations, Educational institutions, individuals or businesses to help them grow and meet their expenses better. So scholarships are the grants given to students by the college authorities to continue their education and meet their educational expenses and the students are not required to payback these student scholarships.
Answer: Decreased assets and liabilities.
Explanation:
Both assets and Liabilities decrease as a result of the April transaction because first, Cash is used to pay the Dividend which reduces the cash account and Cash is an Asset.
Liabilities also decrease because when the dividends were declared in February, Despot Inc had to create a liability in their books to cater for the payment of the dividends. Now that the dividends have been paid, that figure will be removed therefore reducing Liabilities.
Answer:
i am sorry i do not know because i am having trouble with the same problem
Explanation:
Answer:
An elastic demand curve will result in higher social surplus. Social surplus equals consumer surplus plus supplier surplus, or simply total surplus. The highest possible social surplus is reached at the equilibrium point.
If a product's demand is completely inelastic, the supplier can increase the price at will, reducing consumer surplus to minimum levels. If a product's demand is completely elastic, then consumer surplus increases while supplier surplus is directly related to shifts in the demand. Higher demand increases supplier surplus.
