Answer:
Value conflicts can be defined as the issues which arose when the standard or predicted results are not achieved.
Explanation:
In an organization, a values conflict might arise if decisions are made or actions taken that result in compromising a stated value. Tools to resolve value conflicts.
Ignorance: Ignorance can be useful sometimes. If a mistake is too small which can be ignored or which has not that much affect on the concern topic then it is necessary to ignore.
Mediate it: Sometimes, the small or unnecessary things turn into a big issue which can be dangerous if not mediate properly. Thus correct and timely mediation is a required factor to resolve value conflict.
Answer:
brand loyalty
Explanation:
Brand loyalty: The term "brand loyalty" is determined as the propensity of specific consumers to "continuously purchase" a particular brand's products over some other brand's products. However, a specific consumer's behavioral patterns are responsible for demonstrating that he or she will continue to purchase products from the same company that has been fostered a "trusting relationship".
In the question above, the given statement represents brand loyalty.
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $2,200
To Service revenue $2,200
(Being cash is received)
Since the cash is received so we debited the cash account and credited the service revenue account as the service is completed which create an income for the business organization.
We do not write unearned service revenue as the amount is actually received from the customer
Answer:
Accounting profit will be $500000
Economic profit will be $200000
Explanation:
We have given number of units produces = 200000
Cost of one unit = $10
So total cost of production = 100000×$10 = $1000000
Explicit cost = $1500000
And implicit cost = $300000
We know that accounting profit = revenue - explicit cost = $1000000-$1500000 = $500000
And economic profit = revenue - implicit cost = $1000000-$300000 = $200000
