Answer:
The products by services companies are consumed immediately.
Explanation:
Goods are physical tangible products that are used to satisfy human needs and wants. On the other hand, services are non-physical, nontangible products that also serve the purpose of satisfying human needs and wants.
The manufactured good can be stored in inventories after production, however, the services are consumed as they are produced. They cannot be stored in inventories to be consumed later. They have to be consumed immediately.
This is the main difference between the products of manufacturing companies and services companies.
Answer: Option (B) is correct.
Explanation:
Correct option: Any central bank purchase of assets results in an increase in the domestic money supply, while any central bank sale of assets causes the money supply to decline.
This is basically one of the monetary policy instrument which helps the central bank in order to control the money supply in the economy.
If central bank wants to contract the money supply then central bank sell some of the assets in the market to reduce currency in circulation. After the implementation of this policy, domestic consumers left with less cash in hand and hence they demand less.
On the other hand, if central bank wants to increase the money supply then central bank purchase some of the assets from the market to increase the currency in circulation. After the implementation of this policy, domestic consumers are with more cash in hand and hence they demand more.
∴ This is the statement that is most correct.
Answer:
The average tax rate is defined as the total taxes divided by total taxable income.
Explanation:
Because the amount of tax due on the next dollar of taxable income. is incremental tax rate. It is not calculated on revenues.
- Apple
- Starbucks
- Godrej industries
Explanation:
Policies of Apple:
- Innovation: Apple has given more than what we have expected.
- Integrity: Apple has stayed true to itself and doesn't copy.
- Originality: The reinvention of features has made Apple stand out.
Policies of Starbucks:
- Expand its stores in the US and internationally by franchising/licensing.
- Designing stores that convey Starbucks image and brand.
- Expand product offerings beyond its retail stores& enter new markets.
Policies of Godrej Industries:
- Godrej industries aims to provide innovation and quality products.
- Commited not only to consumers but also society and environment.
- Excellent standards of ethical behaviour.
The source document that can be used in the recording of the costs that are incurred in the job order system is known as the<u> cost sheet.</u>
Job order cost system simply means a system that takes place when customers order unique and few batches of products.
It should be noted that the job order costing determines the price of each individual product and is also vital as it ensures that the cost for each product is reasonable enough for the customers to buy it. The cost sheet is required in this case for recording.
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