Answer:
a.increase in assets (Cash) and increase in owner's equity (Michael Anderson, Capital)
Explanation:
we solve this using the accounting equation
Assets = Liabilities + Equity
The cash would represent currency own by the company. That is the definition of assets. Something own by the company that either is cash or can be converted into cash in the future or help to provide an inflow of cash.
Now, as Asset increase by 15,000 the other side must also increase.
The company has no liability against the owner Thus this will be an equity account Which precisely, it represent the capital of the owners.
Answer:
C. Satisficing model
Explanation:
Satisficing model aims at reaching and receiving the results which makes the desired person satisfied with the results.
It basically provides the company and its management to not only find an optimal solution but a solution which is satisfying for the management.
Thus, in the given instance management sets a prescribed percentage as results they desire for sales, and related profit which further results in desired level of growth.
Thus, this is about satisfactory results that is Satisficing model.
This is direct exporting. It is a circumstance in which an organization offers its items straightforwardly to clients in another nation without utilizing someone else or association to make courses of action for them, or an item that is sold thusly: The immediate fare of products includes certain methods, which must be clung to.
Answer:
Three rules I will implement is :
1. Liberalization :
Under this, I will support the domestic industry by easing the business operation and making free the activities of business around the nation.
2. Privatization :
In this, I will privatize the market and hand majority of the resources to the private entrepreneurs so that employee and efficiency could be achieved.
3. Globalization :
Under this, I will ease out the foreign trade in the country.
