The missing words in the statement are Market Economy and Command Economy. In the statement, it described the Command Economy as one of the economic systems which the government is dominant in the decision. But it contradicts with the Market Economy, it allows the individuals or firms to make a decision in the economy.
Answer:
(a) Men and women aged 16 to 22
Explanation:
The teens nitch is defined from 13 to 19 years old, therefore the youngster in the age from 16 to 22 is the optimal market for American Eagle.
Answer:
a. Utilities Expense 500
Cash 500
Explanation:
Given: Consulting immediately paid $500 cash for utilities.
As $500 cash been paid for utility expenses.
We know the golden rule of accounting transaction:
- Personal accounts: Debit the receiver, credit the giver.
- Impersonal real account: Debit what comes in, credit what goes out.
- Impersonal Nominal account: Debit all expenses and losses, credit all profit and gains.
Paid for utility expense of firm is not the personal account, however, it is impersonal account. In the given case, cash is going out of business.
Therefore, Debit all expense and losses and credit what goes out of business.
Journal Entry of the transaction:
Debit utility expenses account--- $500
Credit cash account--- $500
Answer:
See the explanation below.
Explanation:
Some solutions
Try to increase the additional resources in order to help the global economy, with the goal of pay the balance of payment and is important and provide support for countries in crisis around the world. The international monetary found (IMF) help on this.
Increase the growth and jobs and that can be satisifed with fiscal expansion. And all the people involved on the develop of strategies around this topic needs to help. The responsible of this is each country and the IMF
More help to the people with no resources, satisfying the basic rights for sales and the finance operations. One organism who help on this is World Bank Vulnerability Fund. and the ONU.
Stability and strategies to identify risks using some techniques for the regulation of credit agencies and banks, bonuses and othr financial products. The world bank can help on this topic.
Reduce taxes creating actions to reduce it. For this topic the Economic Co-operation and Development Organization can show the information about it.
Create strategies to reduce the climate change: for example by low carbon investment and bonuses, working with the IPCC and the WRCP.
Answer:
c. Vertical integration
Explanation:
Vertical integration is a strategy in which a manufacturing entity owns or controls its channel of raw materials supply or products required, distribution chain, or retail locations to control its supply chain.
It affords the company some form of advantage by allowing them control the process, reduce costs, and improve efficiencies.
As such, where Shaw Industries, a giant carpet manufacturer, increases its control over raw materials by producing much of its own polypropylene fiber, a key input into its manufacturing process.
This is an example of Vertical integration.