Formulating and implementing goals and initiatives from the company's top management is what the strategic management mainly involves at. It is mostly based on the consideration of resources in which the organization competes. I hope my answer has come to your help. God bless and have a nice day ahead!<span>
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Answer:
d) normal; left; fall
Explanation:
A normal good is a good whose demand increases when income increases and whose demand falls when income falls.
An inferior good is a good whose demand increases when income falls.
If baseball is a normal good and income falls, quantity demanded falls. The demand curve would shift to the left. This leads to a fall in price.
If baseball were an inferior good, if income falls, quantity demanded rises and the demand curve shifts to the right and the equilibrium price and quantity rises.
I hope my answer helps you
Answer:
(a) the cost of the goods sold for the September 30 sale and
(b) the inventory on September 30.
- Ending inventory = 9 units at $17 = $153
Explanation:
date transaction units unit price total
1 beginning inv. 23 $16 $368
5 sale -13 ($208)
17 purchase 24 $17 $408
30 sale -25 ($415)
30 ending inv. 9 $17 $153
When we use first in, first out (FIFO) inventory method, the price of the units sold are calculated using the oldest units in inventory.
The COGS of the units sold on Sept. 5 = 13 units x $16 = $208
The COGS of the units sold on Sept. 30 = (10 units x $16) + (15 units x $17) = $160 + $255 = $415
Ending inventory = 9 units at $17 = $153
Answer:
the retailer’s main function is to provide merchandise in the right quality, quantity, price, time, and at the right place. The first task that a retailer has to perform is to identify the consumer needs and wants.
Explanation: