What are the requirements for something to be used as money?

What is the ongoing set of competitive actions and competitive responses that occur among firms as they maneuver for an advantag

finlep [7]

The ongoing set of competitive actions and competitive responses that occur among firms as they maneuver for an advantageous market position is called competitive rivalry.

Aggressive competition is the continued set of aggressive moves and competitive responses that occur amongst corporations as they maneuver for an nice market position. competitors are firms running in the equal market, supplying similar merchandise, and concentrated on similar customers.

Creates a positive picture of your emblem or product: Positioning in advertising lets in you to influence how others view your product. in case you create materials that show the product in a effective light, customers may partner you this, that may result in extra purchases.

Learn more about advantageous market position here:-brainly.com/question/15530466

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5 0

2 years ago

A company has calculated its running sum of forecast errors to be 500 and its mean absolute deviation is exactly 35. Which of th

Stella [2.4K]

Answer:

correct option is here B. About 14.3

Explanation:

given data

running sum of forecast errors RSFE = 500

mean absolute deviation MAD = 35

solution

we get here tracking signal that is express here as

tracking signal = $\frac{RSFE}{MAD}$ .................................1

put here value and we will get tracking signal

tracking signal = $\frac{500}{35}$

tracking signal = 14.3

so correct option is here B. About 14.3

4 0

3 years ago

Gillie, Taft, and Dall are partners in an accounting firm. The partnership agreement is silent about the payment of salaries and

devlian [24]

Answer:

Explanation:

The partnership agreement is silent about the payment of salaries and the division of profits and losses.

Profits should be divided based on capital invested by each

The capital investment by Gillie, Taft and Dall is 60000 : 120000 : 60000 Distribution has to be in ratio of 1:2:1

Total profits are 120,000, 1:2:1 ratio

The distribution will be Gillie $30,000, Taft $60,000 and Dall $30,000.

3 0

3 years ago

Read 2 more answers

When putting together your personal budget, you find that your budget has a deficit. Which is the BEST way to balance your budge

ki77a [65]

Answer:

The correct answer is letter "C": Cut your expenses by an amount greater than your deficit.

Explanation:

In case there is a deficit in your budget, it means your expenses are higher than your net income. An adjustment must be made in such circumstances. To bring back the balance in your budget, <em>you should cut your expenses by an amount higher than the amount of the deficit</em>. Otherwise, you could increase your income but keeping your expenses at the same level.

3 0

3 years ago

On July 23 of the current year, Dakota Mining Co. pays $6,492,240 for land estimated to contain 9,144,000 tons of recoverable or

Neko [114]

Answer:

a. Debit Land accounts $6,492,240

Credit Cash account $6,492,240

Being entries to record the purchase of land

and for the payment and installation of machinery,

b. Debit Machinery account (fixed asset) $1,280,160

Credit Cash accounts $1,280,160

Being entries to record the purchase and installation of machinery

Explanation:

When an asset is purchased with cash, the entries required are debit asset and credit cash. Such asset includes land, equipment, building, mines, inventory etc.

As such to record the purchase of a land,

Debit Land accounts

Credit Cash account

and for the payment and installation of machinery,

Debit Machinery account (fixed asset)

Credit Cash accounts

8 0

3 years ago