Answer:
Location 1 has more potential customer.
Explanation:
LOCATION 1
Trade Area = Population Density / Trade radius
Trade Area = 1000 / 5 = 200 miles
This means there are potential customers 200 miles away
LOCATION 2
Trade Area = Population Density / Trade radius
Trade Area = 500 / 7 = 71.4 miles
This means there are potential customers 71.4 miles away
Answer:
November 30
Explanation:
According to the revenue recognition principle, revenues are recognized when they are realized or realizable, and are earned no matter when cash is received.
Answer:
Option to expand
Explanation:
Pay attention to this part of this excerpt:
<em>" Sales arising from this project are significantly less than anticipated"</em>
Where sales is lower than exception, one thing that company can do is to try different ways to increase the target market for their products. This is what referred to as Option to expand.
In order to do this, they can try different things:
- They can increase the number of productions and spread their products to different location.
- They can make adjustment to their products so it appeals to different type of customers,
etc.
Question Completion with Options:
i. Line Organisation
ii. Staff Organisation
iii. Functional Organisation
iv. Committee Organisation Code
Answer:
The option that is not a standard organizational structure is:
iv. Committee Organisation Code
Explanation:
The organizational structure adopted by an entity reflects how some of its rules, roles, and responsibilities are directed between organizational levels in order to achieve its goals. The organizational structure also shows the information flows between different levels within the entity. Traditionally, organizations maintained hierarchical, functional, divisional, matrix, and flat organizational structures. Given current digitalization with its internet of things (IoT), more decentralized, network, and team-based organizational structures have emerged.