Answer: strategic management
Explanation:
Strategic management is integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage.
Strategic management simply had to do with the evaluation of business goals, vision of an organisation and objectives. For organizational goals to be achieved, effective strategies must be put in place.
Answer:
a. True
Explanation:
Since small business has lesser processes and paper work as compare to the larger organizations where formal procedures are in placed
Answer:
d. a monopoly firm reducing its price in an attempt to maintain its monopoly.
Explanation:
In a competitive system, a firm practices predatory pricing when it charges prices below its costs in order to eliminate competitors. When the prevailing system is a monopoly, the firm is the only company providing the good and it can practice predatory pricing in the short term to prevent a competitor from entering the market. Thus the firm remains monopolistic.
Answer:
correct option is b. job-order cost sheet
Explanation:
A job order cost sheet is subsidiary to work in process
because job-order cost sheet are the documents that is use for record the manufacture cost.
and all necessary and important detail of cost & job is written in job cost sheet
and it is also accounting record of the company
so here given that primary document for accumulate all cost related to a particular task
so correct option is b. job-order cost sheet
