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4 years ago

Match the value chain activity in the left column with the scenario in the right column:

Business

1 answer:

vlabodo [156]4 years ago

7 0

Answer:

A. firm infrastructure : 1. customer call center

B. human resource management: 5. staff training

C. inbound logistics : 8. distribution center

D. marketing and sales activities: 3. order taking

E. operations: 9. manufacturing

F. outbound logistics: 2. supply schedules

G. procurement: 7. verifying quality of raw materials

H. service activities: 4. accounting department

I. technology: 6. research and development

Explanation:

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In recent years, new mp3 and digital technologies have replaced compact disks. This is an example of?

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In recent years, new mp3 and digital technologies have replaced compact disks. This is an example of creative destruction.

Creative destruction is an economic concept most closely identified with the Austrian-born economist Joseph Schumpeter since the 1950s. Schumpeter derived it from Karl's work on Marx and popularized it as the theory of economic innovation economics. Sometimes called a Schumpeter storm.

According to Schumpeter, a 'creative destruction storm' is a process of industrial mutation that is constantly transforming the economic structure from within, constantly destroying the old and always creating the new. ”.In Marxist economic theory, the concept more generally refers to the interconnected processes of wealth accumulation and destruction in capitalism. We owe the first use of these terms to German sociologist Werner Sombart in his book War and Capitalism (1913).

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1 year ago

Barriers to trade reduce the amount of output that can be supplied by foreign companies and, as a result, cause prices in the ma

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Barriers to trade reduce the amount of output that can be supplied by foreign companies and, as a result, cause prices in the market to be higher than they would otherwise be. This results in consumers buying less

<h3>What are barriers to trade?</h3>

Barriers to trade refers as certain hurdles which restrict an individual or organisation to practice trade activity effectively. These barriers can be regulatory barriers, physical barriers and so on.

These trade barriers are launched to support small-scale business and introducing jobs in the industries to prevent unemployment.

These trade barriers results in high prices in the market due to reduce amount output supplied by foreign companies. This will result in less buying behaviour by consumer.

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2 years ago

On January 1, 2021, Wright Transport sold four school buses to the Elmira School District. In exchange for the buses, Wright rec

maria [59]

Solution:

1. (i)

Sales revenue = Present value of the note receivable

= $528,000 x .86384 = $456,108

Present value of $1: n = 3, i = 5% (PV of $1)

(ii)

December 31, 2018:

Interest revenue: ($456,108 x 5%) = $22,805

December 31, 2019:

Interest revenue: (($456,108 + $22,805) x 5%) = $23,946

December 31, 2020:

Interest revenue: (($456,108 + $22,805 + $23,946) x 5%) = $25,143

2. Journal entries to record the sale of merchandise on January 1, 2020

Date General Journal Debit Credit.

Jan 01, 2018 Note receivable 528,000

Discount on note receivable 71,892

Sales revenue 456,108

Dec 31' 2018 Discount on note receivable 22,805

Interest revenue 22,805

Dec 31, 2019 Discount on note receivable 23,946

Interest revenue 23,946

Dec 31' 2020 Cash 528,000

Discount on note receivable 25,143

Interest revenue 25,143

Note receivable 528,000

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3 years ago

There are more than 20 stores on the same street that specialize in selling the same quality and brand of wheat products. An ind

Umnica [9.8K]

Answer:

Pure competition

Explanation:

Pure competition is a market structure in which many competitors sell many similar products. Due to high competition, market prices will fall. Pure competition is also called full competition. Other characteristics of pure competition.
There are many buyers and many sellers for market information
There are no entry and exit barriers in the market
Companies sell homogeneous products
Firms cannot affect market value. Companies are price takers.
Production units are identical and operate independently.

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3 years ago

national savings is equal to the sum of private savings and public savings. to make our notation a bit easier, we will call nati

slamgirl [31]

Here, public savings = $1.05 billion and private savings = $3.15 billion

It is calculated as follows:

Total savings, S = $4.20 billion

We know: S = V+U

It means National Savings = Private savings + Public savings

Here:

V = private savings , U = public savings and

Private saving, V = 0.75 × S

= 0.75 × $4.20 billion

= $3.15 billion

And, the public savings will be = National savings - private savings

= $4.20 billion - $3.15 billion

= $1.05 billion

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2 years ago