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Damm [24]
3 years ago
15

Why is it important to keep your own financial records?

Business
1 answer:
Serhud [2]3 years ago
4 0

Answer:

You need good records to prepare accurate financial statements. These include income (profit and loss) statements and balance sheets. These statements can help you in dealing with your bank or creditors and help you manage your business

Explanation:

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a. The supplier has more bargaining power than the firm.

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This is an example of one of Porters' five forces. The supplier has a monopoly and thus entertains a high market share. This means that the supplier has more bargaining power than the firm as if the firm wants the ceramic there are no alternative options available for the firm; however, if the firm does not want supplies, the supplier can find plenty of firms that may need the ceramic thus making supplier more powerful than the firm.

Hope that helps.

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5 0
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Brandon is responsible for organizing his company’s financial data. This includes a large number of data categories, some relati
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The answer is Relational Database

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The link between labor costs in china and the price of mp3 music players in the u.s. is an example of ________.
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the example is Globalization

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WILL GIVE BRAINLIEST!!
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Explanation:

Of free enterprise

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