Answer:
A. The travel industry changed from a consolidated structure to a fragmented one.
Explanation:
In the given passage, the speaker talks of the change in the way travels are managed. Initially, few large travel agencies took control of the way travel is arranged, from booking tickets to managing hotel rooms.
But as the internet grew and many people are able to access it, travels, accommodations, etc. are being managed by the individuals themselves or even smaller travel agencies are able to do the work without the need for such large companies to be involved.
This shows that the travel industry changed from a consolidated, large companies structure to a fragmented one, that of smaller agencies and even individuals themselves.
Thus, the correct answer is option A.
Currency exchange rates based on many different factors. These factors are interest rates, inflation, public debt, deficits, terms of trade and political stability or the economic performance. Due to the many factors that affects currency exchange rate, it is almost impossible to predict where it is heading.
Answer:
Inter-modal transportation: Combining two or more modes of transportation
Explanation:
Logistics is the movement and coordination of resources such as food, liquids, materials, inventory, people and equipment from one location (origin) to another (destination). Intermodal transportation is used in logistics to transport a shipment from the shipper to the consignee. There are 3 methods of transportation:
- Ocean transportation e.g. ships
- Land transportation e.g. trucks, trains
- Air transportation e.g. flights
When any resource is transported by use of any two or more of these modes, it is known as intermodal transportation. For example, a container of clothing might be transported from Tokyo, Japan to New York, USA.
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Japan factory to Japan Harbor: Train
Japan Harbor to USA Harbor: Ship
USA Harbor to warehouse in USA: Flight
Warehouse to shopping mall: Truck
The trial balance would disagree. It seems that the cash should be credited instead as the situation seems to me that the cash is being expended to pay for the equipment, and the remaining 3500 is liabilities. Therefore, the error should be corrected.
Answer:
Mandatory spending is spending that is required by law. And discretionary spending is spending that must be authorized by the government every year.
Explanation:
hope this helps
