Answer:
b) environmental scanning.
Explanation:
Environmental scanning -
It is the study that helps the organization to identify the threats and opportunities in the ecosystem to form new objectives and strategies in order to improve the performance in the industries .
It refers to the utilization and collection of the information regarding the trends , relationships and events of an industry and the usage of the knowledge for creating the objectives and strategies to future .
This process require the person working for the organization to search for important lessons m threat and weakness and opportunities .
Hence , from the data of the question , the process is called environmental scanning .
Answer:
True
Explanation:
The three main sources of assets for a business are:
- investments by owners (total paid in capital), refers to the money that the owners are willing to invest in the company and it should be used to finance operating activities.
-
borrowing from creditors, refers to both long term and short liabilities that allow the company to increase their assets, e.g. merchandise or equipment purchased on credit, or a loan.
- earnings activities, refers to the company's retained earnings from previous years that is reinvested in new or existing projects.
Answer:
It is 15.68 times
Explanation:
Price-Earnings Ratio = Market Price per share (MPS)/Earning per share (EPS).
Where EPS = $231,971 /55,100
= $4.21
Hence, Price-Earnings Ratio = 66/4.21
=15.68 times
P/E ratio shows the expectations of the market and is the price you pay per unit of current earnings.
The ratio is as well being used for valuing companies and to find out whether they are overvalued or undervalued most especially by the investors.
Answer:
a and b
Explanation:
A perfect or pure competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
Due to maximum competition in a pure competition, it is the lowest cost to the buyer.
Pure competition is efficient because, goods are priced at equilibrum
