Answer: IT networks and computer systems have shortened the time needed by accountants to prepare and present financial information to management. This system allows companies to create individual reports quickly and easily for management decision making.
It may seem that franchise has many benefits since it allows for a person to open and operate a business without much knowledge of how to run a business and generally franchises are well advertised so not much marketing costs are needed, however negative impacts are much more, since you need to pay lifetime percentages for sales and operating under franchise as well as there is no room for creativity and too much dependence on a big business. Also the funds needed to open a franchise are much higher than same business but operating independently. So negative side is prevailing.
1: True. 2. False. 3. False. 4. True.
Answer:
high ego involvement
Explanation:
Ego involvement refers to a situation where belonging to a certain group or acting on behalf of a certain cause is very important for an individual's self-esteem. In other words, Steve's self-esteem depends greatly on his involvement with Opportunity International and helping poor people start their own businesses.
Answer:
True because in the case if the the company is producing single product then the method is simple. If the company is making number of products we have to assume a sales mix to calculate breakeven point. Reaching breakeven point is not easy in multi products case. To calculate breakeven point we have to calculate weighted average contribution per unit to put the values in the following formula:
Breakeven point (units) = Fixed cost/ weighted average cost per unit
