Which of those two percentages is larger? that's your answer.
a larger percentage means that it has a greater affect on the outcome.
<u>Answer:</u>
1. As mentioned in Chapter Case 1, Twitter struggles to Increase its user base, which hinders its quest for a competitive advantage.
Answer : Increase its user base
2. Black Swan events are incidents that describe highly improbable but highly impactful events.
<u>Explanation:</u>
1. There are various other social media platforms so Twitter faces difficulty in increasing its user base. When there are less users in the market for social networking then the current users will also stop using the platform so the company may loose its competitive advantage in the social networking market.
2. Black Swan events are uncertain events which happen rarely and also expected to have severe outcomes of the events. Many black swan events reduced the public's trust in business as an institution. It has also turned their ideas against capitalism as an economic system.
Answer:
Demand for products sold at a store in a neighborhood with other stores is probably elastic
Explanation:
A demand is considered as 'Elastic' if a change in price of the product would strongly affect the quantity of the demand.
Competitors who offer similar products than your organization tend to reduce the amount of demand that come to your store. Existence of competitors give the consumers the options to choose and move around in order to seek the best offers that they can.
As a result, the shoe stores in Joey's neighborhood will have to constantly adjust their price in order to make their products seems appealing compared to the rest of the competitors. This make the demand in Joye's store keep fluctuating depending on the performance of other competitors.
A natural barrier that faces Argentina when it sells beef to Siberia is distance.
<h3>Why distance is a barrier to trade?</h3>
Due to the fact that markets within countries are typically closer together than markets between countries, distance reduces international trade in comparison to domestic trade. Most overseas markets have higher transportation expenses than they do for domestic markets, frequently by a significant margin. Given that distance seems to restrict trade more than can be compensated for by transportation, it is possible that distance is also linked to greater non-transportation trade costs.
For example, the price of carrying the beef from Argentina to Siberia could make it too expensive even though farming beef there may be less expensive than raising beef in the freezing cold of Siberia. Thus, one of the inherent obstacles to international trading is distance.
Learn more about trade barriers here:
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Answer:
Salaries payable will be debited for $500
Salaries expense would be debited for $3,500
Cash would be credited for $4,000
Explanation:
Based on the information given the Required journal entry for Jan 3rd will be:
Dr Salaries Payable $500
Dr Salaries expense $3,500
($4,000-$500)
Cr Cash $4,000