Answer:
The correct answer is Product Development Stage.
Explanation:
If any of the changes are required to be incorporated in a design, the best point of attempting these changes is in the product design phase such that the considerations are included from the initial stage and the design effort is not wasted.
Answer:
<h2> particular. l.f. Dr. rs. Cr. rs. </h2>
I) bank a/c. 1,00,00.
to capital a/c. 1,00,00
( being business started with bank balance)
II) purchase a/c 40,000.
to bank a/c. 40,000
(being goods purchased on credit)
III) BANK A/C 20,000.
TO GOODS A/C 20,000
(BEING GOODS SOLD ON CREDIT)
IV) FURNITURE A/C. 60,000.
TO BANK A/C. 60,000
(BEING FURNITURE PURCHASED ON CREDIT)
V) BANK A/C. 10,000.
TO FURNITURE A/C 10,000
(BEING FURNITURE SOLD ON CREDIT)
HOPE IT HELPS IM ALSO NOT COMPLETELY PERFECT AT IT
<u>Business Analysis</u> is a comprehensive process to analyze data and produce outputs that can inform decision-making.
<h3>What is Business Analysis?</h3>
Business analysis is the collection of duties, skills, and methods needed to pinpoint business requirements and come up with solutions to enterprise-level problems. Although the general definition is identical, many sectors may have different practices and methods. In the information technology sector, systems development is a common component of solutions, but they can also incorporate process optimization or organizational change.
Business analysis can also be carried out to comprehend how a firm is doing right now or to serve as a foundation for identifying business needs. Business analysis is typically carried out to define and validate solutions that satisfy business demands, objectives, or goals.
Thus, Business Analysis is a comprehensive process to analyze data.
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Some countries' governments do not put any limits on the purchase of foreign currency for residents and nonresidents. these countries have a freely convertible currency.
Currency is the unit of price of money that is agreed upon by the government and its people in a country. A country has its own currency, although there are several countries that have the same type of currency. For example, in Indonesia, the currency is Rupiah, while in Japan the currency is Yen. Meanwhile, countries that use the same currency include America, Ecuador, Cambodia, Panama, and the British Indian Ocean Region.
In addition, currency can also be defined as a medium of exchange for goods and services. The party or institution that has the absolute right to issue currency is the government and its central bank.
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Answer:
no restrictions on trade
Explanation:
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
In 1817, David Ricardo who is an english political economist talked about the law of comparative advantage in his book “On the Principles of Political Economy and Taxation." where he asserted that countries can become better off by specializing in what they do or produce best and eliminate trade barriers (restrictions).
This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).
Hence, according to the theory of comparative advantage, consumers in all nations can consume more if there are no restrictions on trade.