Answer:
Incorporating the business and selling the shares to investors to take over as successors
Explanation:
Business incorporation is the legal process through which a business is formed.This allows an incorporated business to sell shares or stocks to interested investors , giving them the power of ownership in proportion to the volume of shares held , and the liability limited to the investment in the business.
It has the advantage over other methods of succession planning in active involvement in the business , limited liability and easier procedures.
Answer:
persists because economic wants exceed available productive resources.
Explanation:
The scarcity problem is the fundamental economic problem in every kind of society: from the most primitive, to the most advanced, and this is because the nature of human beings is that they are never fully satisfied, and always want more, no matter how rich or poor they are.
In advanced nations such as the United States, Switzerland, or Norway, the scarcity problem still exists. This is why there are economists in these countries in the first place, and why economic policy is a central part of any politician's and government's platform.
Answer:
d. includes the sectors that conduct day-to-day transactions with the organization.
Explanation:
An external environment of an organization includes all the external factors, the competitors, suppliers, political environment, social environment etc:
The task environment is the one which is basically related to day to day task management, since exists in the external environment it includes, external factors like:
The suppliers, competitors, labor markets and the customers.
As these all are dealt in everyday transactions of the organization, it is part of task environment management.
Answer:
See explanation section
Explanation:
Sheridan Company
Statement of Financial Position (Balance Sheet)
As at December 31, 2018
Particulars Amount ($)
Cash $91,900
Accounts receivable xxx,xxx
Less: Bad debt <u> xx,xxx</u>
xxx,xxx
Inventory 136,500
Prepaid Insurance <u> 9,300</u>
Total Current Assets $237,700
Note: If we have accounts receivables and bad debt expense, we can easily get the accurate answer.
Answer:
The answer is A.The WTO(world trade organization).
Explanation:
The World Trade Organization (WTO) deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.