<span>An antique dealer buying items and hoping to sell them for more than he or she paid for them is the very definition of a business. A business is economic system that includes commercial and industrial activities through production and sales or exchange of goods and services.
</span><span>In every business there are investment and customers . In this case the investment is buying antiques and the customers are people interested in antique works. </span>
Answer:
Answer is explained in the explanation section below.
Explanation:
Solution:
a.
Unleaded fuel prices are expected to fall by June 2019 according to future demand forecasts.
Since the future price is less than the spot price, it would be better for long-term buyers who can wait for the price to increase because the market is currently in BACKWARDATION. This happens due to a short-term disparity in demand and supply.
b.
If the information in this sector is reliable and impartial, the expected June price will most likely be similar to the real price we will see in June.
It is reliable if the market is accurate and impartial, i.e. the market research on which knowledge flows.
The prices of goods are either integrated or expressed in such a flow of knowledge.
So, if it's unbiased and reliable, the forecast prices would be reasonably similar to the real future price.
Answer:
a. New Strategic Projects
b. Trend Analysis
c. Environmental Scanning
Explanation:
In the statement a, the strategy followed is based on project. This amendment is viewed as a project rather than a business goal. This is one off modification in the system to automate the deposits and have check and balance with ease.
In statement b, the study of interest rates of past 5 years is trend analysis. Past events are analyzed to predict the future.
In statement c, the environmental analysis is done. The democratic candidate will impose higher taxes and republic candidate will lower the taxes, this is considered as environmental scanning.
Answer:
a financial checkup should be completed annually.