<span>Logistics is the set of means necessary for the organization of a company, especially in the distribution. It is focused on the supply chain, the planning of purchasing activities, production, transportation, and distribution. Its fundamental function is to place the products in the right place, under the desired conditions and standards, for the maximum satisfaction of the company.</span>
The correct answer is the inspection report. It is because
the inspection report covers of the information regarding about the applicant
in terms of their character, the people associated with them and as well as the
hobbies or anything related that could be based on their work.
Answer:
The correct answer is: a new law that interferes with economic efficiency.
Explanation:
A production possibilities frontier shows all the points where production is efficient. The resources are being completely employed. The points above the frontier are unattainable. The points below the frontier are attainable but inefficient.
If there is a movement from the frontier to a point below it. This means inefficient allocation of resources. It can happen because of some law interfering in efficient allocation of resources.
Answer:
It will be reported as accrued expenses (c)
Explanation:
Accrued expenses represents amount owed for either serviced that has been enjoyed or goods that have been delivered but yet to be paid for.
Income statement is prepared on accrual basis, hence, these expenses will be recognized in the current period and matched with revenues generated.
Answer:
Option (C) is correct.
Explanation:
In an unregulated market, negative externality results in a higher social marginal cost than the firm marginal cost because this market is not properly regulated by the government officials. Hence, these firms are not taking into account the effect of negative externalities in their cost.
We know that the consumer's decision is more offenly based on the point where the marginal cost is equal to the marginal benefit because they are not taking the impact of negative externalities.
If proper action is not taken by the government, negative externality will result in a market inefficiencies.
