Answer:
B. unlimited, changing, and competing
Explanation:
Wants are the desire to have or own goods and services that give satisfaction. A want is a wish to possess something. The wish or desire may be fulfilled or not. Satisfying wants is through the consumption of goods and services. Consumers have an unlimited desire to have goods and services that have high utility value.
Wants differ in different people depending on their culture , age, social status, gender, and several other factors. Satisfying one need is depended on the individual's willingness and ability to pay for the goods or services that satisfy that need. Satisfying wants requires resources. Because human needs have unlimited wants, it is almost impossible to satisfy all wants with limited resources. Due to the scarcity of resources, competition arises to satisfy the many wants with the available resources.
34% of a reduction in errors did international air transport association have when their employees working in cargo management obtained instant access to clear and consistent working instructions.
Transporting shipments, unloading cargo, picking, sorting, and storing are all included in the term "cargo management," which describes how these tasks are handled in logistical centres and warehouses. Those who organise, facilitate, expedite, and route the flow of incoming and departing shipments cargo and freight shipments in airlines and cargo agencies are known as cargo management officers. The cargo management officer makes sure that shipments of goods are kept and handled in accordance with Standard Operating Procedures (SOPs) and handling regulations. All shipment paperwork is prepared by the cargo management officer, who also handles stock control and housekeeping duties. Shipments are organised in accordance with cargo plans, thanks to the cargo management officer.
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Most often, they must balance the needs of the stakeholders with the need to make profits
The cost-benefit principle states that <u>costs and benefits</u> are the incentives that shape decisions.
<h3>How is the cost-benefit principle used?</h3>
According to the fundamental of economics, the cost-benefit principle states that every rational being is likely to take into consideration the cost and the benefit of one or a set of decisions before a final choice is taken.
In order words, a line of decision for example an investment should only be undertaken only if the benefits associated with the cost of such investment are at least as large or way larger than the cost.
See the link below for more about the Cost-Benefit Principle:
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Answer:
Correct cash balance is $ 1,580
Explanation:
Balance as per cash book $ 1,681
Less: Bank charges $ ( 11)
Less: NSF cheques <u>$ ( 90)</u>
Adjusted balance per cash book <u> $ 1,580</u>
Balance per bank statement $ 1,484
Add: Deposits in transit $ 317
Less; Outstanding checks <u>$ ( 221)</u>
Adjusted balance per bank statement <u>$ 1,580</u>