Answer:
Perfect Competition
Explanation:
Perfect competition is a market characterized by many buyers and sellers that have full information and faces no barrier in entry and exit of the markets. It is the ideal form of market structure where competition is at is greatest possible value. The numerous buyers and sellers are engaged in trade of a homogeneous good in the market. It is also characterized by no long run economic profit and no control over prices.
Answer:
Just-in-time (JIT) inventory systems started in Japan in the 1970s and spread to the U.S. about a decade later. JIT is an inventory-management system that aims to help businesses have just enough inventory readily available to meet current demand while avoiding excess. There are many pros and cons for a small business to consider before adopting a JIT system.
Answer:
Savings: is setting aside money so you dont need to spend your money for anything, only for emergeincies. Investment: is when you are buying stocks or bonds your are making an investment.
Answer:
C. Compliance reports relying on XBRL are more advanced than electronic PDFs.
Explanation:
Compliance reporting is a document compiled by often by the chief compliance officer that shows how a company is complying with the set rules, standards or regulations, examples of compliance report may be financial, technical, operational, and cybersecurity reports.
Compliance report relying on XBRL are more advanced than electronic PDFs because it gives easy access to communicate between businesses, it is also reliable and reusable means of information sharing.
