Answer:
b. they can be used to produce a variety of products without the need for expensive retooling.
<span>By utilizing economic theories, for example, Frequency disseminations, likelihood and likelihood conveyances, actual impedance, straightforward and various relapse investigation, synchronous conditions models and Time arrangement techniques, econometrics utilizes these speculations, math and statistical obstructions to evaluate the financial hypotheses.</span>
Answer:
$2,730
Explanation:
The computation of the Cost of Goods Sold is shown below:-
Cost of goods sold = Purchase × Each Unit + (Sold units - Each unit) × Purchase units
= 120 units × $20 + 110 units × $30
= $2,400 + $330
= $2,730
Therefore we have calculated the cost of goods sold from First in the first-out method by applying the above formula.
Answer:
<u>Risk Management</u> can be defined as Determining,minimizing, and preventing accidental loss in a business, for example, by taking safety measures and buying insurance
Explanation:
- Risk Management identifies the potential risk ,then it prioritizes the risk the business house is exposed to and then it addresses the risk faced by the business houses both in the short-term and the long-Term
- <u>The risks, could stem from a variety of sources, like financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters.</u>
Her
work could be considered data collection.
<span>Data
collection is the logical approach of collecting and analyzing
definite information to understand a specific area of interest. In
this case, data collection enables Haya to answer relevant question
about her customers and make predictions about possible trends.</span>