True.
This is because managers are responsible for the overall performance of a branch and its personnel. Managers have people under their supervision and any problem that may arise in the course of a business day, they have to deal and solve in as little amount of time as possible.
The correct answer is True. When ownership of the items passes to the customer, revenue is realised. In addition to the requirements for determining when control transfers, a reporting entity must also satisfy certain additional requirements for a customer to have achieved control in a bill-and-hold arrangement.
A bill and hold sales arrangement allows for payment in advance of the item's delivery. This is a sales agreement when a product seller invoices a consumer up front but doesn't actually ship the thing until later.
In a bill and hold transaction, the vendor does not deliver the purchased goods to the customer, but the associated income is still recorded. Under this structure, revenue cannot be recognised until a number of severe requirements have been satisfied. The possibility of falsely recognising revenue too early exists otherwise.
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<u>Explanation:</u>
Business environment refers to the factors pertaining to internal or external to the organisation that affects the working of the organisation. The environment provides threats and challenges for the business organisations. So the business organisations should know about their environment to smoothly function the business activities.
Economic environment means the economic situation in a country that affects the business and consumer behavior in a country. The performance of the organisation can be affected by the buying pattern of the consumers. Economic environment is an external and macro environment factor which affects the business.
It should be noted that the aging structure data is important as it allows the rate of growth to be associated with the population in a country.
Your information is incomplete. Therefore, an overview of the topic will be given. There are typically three age structures which are:
- The children who are under 15 years old.
- The working-age who are between 15 - 64 years.
- The elderly ones who are 65 years and older.
It should be noted that an aging population lower the labor-force participation and slows down economic development in the country.
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Answer: -0.5
Explanation:
From the information given,
Demand curve = P = 600 – Q
Supply curve = P = 0.5Q
Equilibrium = Qd = Qs
Therefore, 600 - Q = 0.5Q
600 = Q + 0.5Q
600 = 1.5Q
Q = 600/1.5
Q = 400
Since P = 600 - Q
P = 600 - 400
P = 200
Price elasticity will be:
= (dQ/dP) × (P/Q)
=(-1) × (200/400).
= -1 × 0.5
= -0.5
The price elasticity is -0.5
