Juan found a supplier that costs 20% less than all other suppliers who provide the same quality this is an example of

Identify and explain the three basic steps strategy formulation

inn [45]

The first three steps in the strategic management process are part of the strategy formulation phase. These include analysis, strategy formulation, and goal setting. The final two steps in strategic management constitute implementation.

I hope this helps it’s all I know

7 0

2 years ago

For each of the following items, identify whether they would most likely be reported in the balance sheet (B) or income statemen

blagie [28]

Answer:

Explanation:

The statement of income records all sales revenues general and expenditure incurred during a particular period.

The balance sheet reports the assets and the liabilities of the company

So, the classification is as follows

a. Net income = income statement (I)

b. Retained earnings = balance sheet (B)

c. Depreciation expense = income statement (I)

d. Accumulated depreciation = balance sheet (B). It is deducted from the value of the respective fixed assets

e. Wages expense = income statement (I). It is shown on the debit side of the income statement

f. Wages payable = balance sheet (B). It is a current liabilities

g. Interest expense = income statement (I) It is shown on the debit side of the income statement

h. Interest payable = balance sheet (B). It is a current liabilities

i. Sales = income statement (I)

8 0

3 years ago

TB MC Qu. 08-152 Minor Company installs a machine... Minor Company installs a machine in its factory at the beginning of the yea

Neko [114]

Answer:

The correct answer is "$54000".

Explanation:

According to the question,

Annual depreciation rate will be:

= $\frac{100 \ percent}{5}$

= $20$ (%)

hence,

The depreciation as per double decline will be:

= $2\times Annual \ depreciation \ rate\times Beginning \ value$

By putting the values, we get

= $2\times 20 \ percent\times 135000$

= $54000$ ($)

5 0

3 years ago

Identical products, as well as a large number of buyers and sellers, are characteristics of aperfectly competitive market. In su

Triss [41]

Answer and Explanation:

Perfect competition is a competitive market where there is a very wide number of buyers and sellers who offer the same or similar goods with great product and service information. Furthermore, this sector has free entry and exit

So it is a perfectly competitive market, also it cannot influence the market price also there are price takers

Also the given statement is false as it represents the monopoly market not the perfect competition market

5 0

3 years ago

If a firm in a purely competitive market can differentiate its product or service, it becomes part of a(n) ________ market.

k0ka [10]

If a firm in a purely competitive market can differentiate its product or service, it becomes part of a monopolistic competition market.

Monopolistic competition is a type of imperfect competition in which many manufacturers compete with each other, but sell different products, so they are not perfect substitutes.

These sellers can calculate their prices based on the uniqueness of the products they are offering, so you cannot compete on price. Also, this company that

has full control or is trying to have full control of something, especially has areas of business that no one else is involved with. She didn't think the fines would be a sufficient deterrent to monopoly practices by large manufacturers. The company has been accused of monopolistic conduct.

Learn more about monopolistic here

brainly.com/question/25717627

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5 0

1 year ago