Answer:
decreasing marginal benefit.
Explanation:
A consumer measures the amount of satisfaction gained by consuming a product in making a buying decision.
When a person comes a product his satisfaction increases up to a point, and from that point as consumption increases the satisfaction derived reduces.
Consumption after this point is known as decreasing marginal benefit to the customer.
This affects the customer's willingness to buy more of this product. Patronage of lemonade will reduce as the customer looks for another product to satisfy his needs.
Answer:
Present value= $62,722.875≈ $62,723
Explanation:
To calculate present value use this formula
Present value= Yearly payment*{[1-(1+rate)^-period]/rate}
Present value= 8,500*{[1-(1+0.11)^-16]/0.11}
Present value= 8,500* {0.8117/0.11}
Present value= 8500*7.379= $62,722.875
Globalization of business has affected man in many ways.
In term of communication, businesses has to learn and abide by the culture of the places where their companies are located. They have to learn and abide by the political and legal regulations that are operating in the place. Cross - cultural communication challenge has to be overcome with sensitivity and openness.
Answer:
The correct answer is letter "A": determines that expenses related to revenue be reported at the same time the revenue is reported.
Explanation:
According to the matching accounting principle, during the same accounting period, the revenues and expenditures needed to generate such revenues have to be recorded. This is part of the accrual accounting method that specifies expenses and revenue must be recorded when incurred not when cash is received.
Answer: OPTION E
Explanation: Mission refers to the ultimate goal that a business organisation has. It is the end point towards which all the procedures and activities of the business is to be carried out.
It is the future determining factor of a business. In nowadays the business is operating at a very high level with different functional area. These areas have different activities to perform and are useful in different ways by the organisation.
Thus, every functional area could have its different mission to complete.
