A public company may be formed by persons among the public including Indian nationals or foreigners. It may be conceived in the government, cooperative, joint, as well as private sector of the economy. Some examples of public companies are, Reliance Industries, Tata Motors, Bharti Airtel, Larsen & Tourbo, etc.
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Answer:
<h2>In this case,the correct answer would be option b) given in the answer choices or More time to explore new revenue generation activities.</h2>
Explanation:
- From an economic or business perspective, outsourcing of operational activities or conducts refer to assigning the business functions, activities, projects, assignments etc. to any third party or external agency with a view to enhance work productivity and minimize overall average operational costs or expenses.
- The third party or the external entities involved in the outsourcing activities are typically not part of the parent or main company or are not commercially affiliated with the parent or main company.
- One of the advantages of outsourcing to the company executives is to be able to assign some of the major and time consuming business activities to outsourced companies or entities and focus more on other mediums or sources of revenue generation for business. It might include introduction of new product or service lines, restructuring of the internal organizational settings or venturing new markets to capture higher consumer or client base. Hence, higher work or labor division through outsourcing activities can provide more time and opportunity for executives to focus more on other revenue generating endeavors.
Answer:
The gross profit for Adams Company at the end of the first quarter is $1,000
Explanation:
Since in the question it is given that Job 356 and Job 357 is sold at a profit of $500 each. So, for these two the gross profit would be
= Job 356 profit + Job 357 profit
= $500 + $500
= $1,000
The Jobs 356, 357, 358, and 359 were completed which means Job No 360 is in work in process , and Job 358,359,360 have no profit that means they are in the inventory whereas Job 356 and 357 are in sale part.
Therefore, the gross profit for Adams Company at the end of the first quarter is $1,000
Answer:
$1,500,000
Explanation:
Step 1 : Determine depletion rate
Depletion rate = $3.57
Step 2 : Depletion expense
Answer:
VRIO = Value Rarity Imitablility Organization.
Value highlights on the source is valued or not. It reflects that the company is systematized to deed the reserve of competence. Rarity is asked in positions of how infrequent and exclusive the assets are. Imitability means that how problematic is it for participants to duplicate the resource or competence. Organization is asked in positions of how fine the assets are structured to exploit the benefits in the market.
Therefore, it is focused that the value, rarity and the organization is focused in the question but imitability isn’t focused. However, some skills or resources are too expensive to be copied by other firms
