Answer:
<h2>In a market economy,the impact of supply and demand determines the prices of goods and services which in sequence influence the allocation of economy's scarce resources.Hence,the correct answer wold be option b.</h2><h2 />
Explanation:
In a market economy,much of the economic and commercial activities such as production,investment,allocation,consumption of goods and services are governed by their market prices which are determined completely by the free forces of supply and demand in the economy.In a market economic system,the factors or inputs of production are owned and allocated by the independent or private business organisations or firms with limited government or state control over the means of production.Majority of the commodity and service markets are free of any external state or government intervention and operate freely based on the movements and fluctuations of the market prices of goods and services which are determined by the changes in market demand or supply.Therefore,economic allocation or arrangements of goods and services in a market economy is mostly determined by the free interaction of demand and supply
One of the most significant disadvantages of conducting a gap analysis or map is the loss of time and money. Typically, an organization will hire a consultant to conduct the assessment; however, participation takes valuable time away from project participants.
<h3>What is a gap analysis or map?</h3>
A gap analysis is a method of evaluating a business unit's performance to determine whether or not business requirements or targets are being met and, if not, what steps should be taken to meet them.
A gap analysis is also known as a needs analysis, a needs assessment or a need-gap analysis. Performing a skills gap analysis may increase your costs. This is due to the fact that employees frequently stop or interrupt their productivity while participating.
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Answer:
Foreign exchange loss
Explanation:
A foreign exchange gain/loss is normal for companies that operate in foreign countries. E.g. you prepared your financial statements by converting the foreign currency into your local currency, in this case you converted Canadian dollars to US dollars. But then the exchange rate between the currencies changes. If the value of the Canadian dollar's value increased after conversion, then you gained, and an adjustment must be made to show that gain. But if the Canadian dollar's value decreased after the conversion, then you lost (what happened here) and an adjusting entry must be made to report the loss.
In order to correct his, you must:
Dr Foreign exchange gain/loss 10
Cr Canadian bank account 10
The answer to this question is the Ethical organizational Cultures. The Ethical organizational Culture is the standards and principles that the business or company believes which makes an impact to the members of the organization and these values gives impact to them. Each company have a different or unique organizational culture.
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