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prisoha [69]
3 years ago
12

Competitive intelligence means gaining information about one's competitors' activities so that you can anticipate their moves an

d react appropriately. For example, managers gain competitive intelligence by reading business publications in order to understand competitors' business plans, goals, and strategies.
TRUE OR FALSE.
Business
1 answer:
Lisa [10]3 years ago
6 0

True. Competitive intelligence means gaining information about one's competitors' activities so that you can anticipate their moves and react appropriately.

Explanation:

Businesses often employ specific researchers to make strategies according to competitive intelligence for which there is dedicated analysis and anticipation for the moves that the market competition of a company is going to come up with.

This is ethically done by keeping a check of the competitors website and press releases, business publications of research and columns which indicate market trends in the industry as well as consumer behavior and market share statistical analysis.

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sale of merchandise on account for $36,000 is subject to an 8% sales tax. a. Should the sales tax be recorded at the time of sal
aleksandr82 [10.1K]

Answer:

a.Sales tax to be recorded at the time of sales.

b.36000

c.38880

d.Sales tax payable

Explanation:

a.Because sales tax is subjected to sales so it is liability of seller to charge sales tax to customer.

b. Sales = $36000

c.Account receivable = [36000+(36000*8%)]=36000+2880=38880

       Entry: Dr  Account receivable  38880

                                                      Sales                  36000

                                                   Sales tax payable  2880

d. Sales tax payable, it is liability for a seller to refund to government treasury.

6 0
3 years ago
Joan sells new cars at a local dealership. she receives 15% commission on profit each car is sold for . last week she sold 9 car
Serggg [28]

Calculation of Commission earned:


We are given that Joan sells new cars at a local dealership and she receives a 15% commission on profit.

So we can say that :

Commission earned = 15% * Total profit  

Last week she sold 9 cars for the total of $10,870 dealer profit

Hence Commission earned shall be calculated as follows:

Commission earned = 15% * Total profit  


Commission earned = 15% * 10870 = $1,630.50


Hence, the Commission earned by Joan is <u>$1,630.50</u>



3 0
3 years ago
a report made to the U.S. Congress in 2001, the National Academy of Sciences cautioned that if fuel economy encourages the produ
kakasveta [241]

Answer:

there is a tradeoff between safety and fuel economy

Explanation:

Tradeoff is also known as opportunity cost. It is the cost of the next best option forgone when one alternative is chosen over other alternatives

By choosing fuel economy, auto manufacturers are reducing safety of cars. This is an example of a tradeoff

6 0
3 years ago
Gibson Valves produces cast bronze valves on an assembly line, currently producing 1560 valves per shift. If the production is i
dmitriy555 [2]

Answer:

the increased in the labor productivity is 23.08%

Explanation:

The computation of the increased in the labor productivity is given below;

= (Increase in production - current production) ÷ current production

= (1,920 valves - 1,560 valves) ÷ 1,560 valves

=  23.08%

hence, the increased in the labor productivity is 23.08%

Therefore the same should be considered

6 0
3 years ago
For much of the past decade, battles have been going on over oil and gas drilling in
Olegator [25]
The Middle East ( Syria , Iraq, Iran, Africa)
4 0
3 years ago
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