It's the p<span>rocess
used to manage the financial resources of a business</span>
Answer by YourHope:
Hi! :)
Question: Explain if there is excess supply or demand of goods at the equilibrium price and why?
Answer: Equilibrium is at the point where supply and demand meet and the prices are set. Since the price is set as a equilibrium, there won't be an excess to either, but if you set the price above equilibrium, you move away from equilibrium and have disequilibrium create excess supply or excess demand!
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Incomplete question. The options:
a. green marketing
b. effect-related marketing
c. cause-related marketing
d. relationship marketing
Answer:
<u>c. cause-related marketing</u>
Explanation:
Note, a marketing effort that is centered primarily on making an impact or a said cause; usually, it involves a mutually benefiting agreement, in which a corporation would collaborate with a non-profit such that
- the corporation benefits (maybe in terms of sales), and
- the non-profit benefits in terms of fulfilling a cause.
The idea is that consumers would be drawn if they see that when they pay for a particular service or product, they will be contributing to a good cause.
Answer: Not required to be accounted for by the short-cut method if using IFRS.
Explanation:
A Short term Lease is one where a person or entity is granted the legal use of a space for a small period of time which is a year or less.
In calculating this, the Sixteenth International Financial Reporting Standards, IFRS 16, states that a Short Term lease may be charged directly to a Profit and Loss account.
It does not approve the use of the Shortcut method which is a qualitative measure of analysis that is ONLY approved under the US Accounting system (GAAP) and even then is not widely used.
Answer: The correct answer is "C) giving up rather than standing up to the boss as required by law.".
Explanation: This is a situation of: <u>giving up rather than standing up to the boss as required by law.</u>
Michael should have sued his boss before the law so that he could instead be compensated for the bad treatment and discrimination and also collect unemployment compensation in the event that the employment relationship is terminated.
