Explanation:
1. Because marketing of goods must comply with current marketing practices. Trends and consumer perceptions must be maintained. It is important.
This refers to the acquisition, distribution, and marketing of goods, services or trademarks, such as advertisement and market analysis, and the production of the products for customers or end-users.
2. An example of an economic good and an economic service :
Economic goods: cars, furniture, television, and clothing
Economic services: cooking a hamburger, cutting hair
In the vertical analysis of a balance sheet, net sales are assigned 100 percent, with all other items expressed as a percentage thereof.
When analyzing the balance sheet vertically, assets are divided by the base amount, total assets. Debt and equity are divided by the sum of debt and equity, which is the base amount.
Vertical analysis is a means of measuring the relationship between any two different financial statement amounts, while horizontal analysis examines the relationship between specific financial statement measures.
The next red flag relates to the balance sheet. Open receivables from customers that are difficult or impossible to identify and correct. Mass sales to companies of unknown identity or ownership.
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Answer:
Decreases and the equilibrium quantity increases
Explanation:
If more children join Susie in the lemonade business, the supply of lemonade would increase. This is indicated by a rightward shift of the supply curve. Because supply has increased relative to demand , price would fall and equilibrium quantity would increase.
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An important role that IS plays in management control processes includes is Communication.
<h3>What role does management plays in an organization?</h3>
IS is known to have three important roles in management control processes. These processes are said to be;
- Data collection
- Evaluation
- Communication
Management often operates via functions such as planning, organizing, staffing and others.
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