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3 years ago

How does the business environment influence the process of Business enterprise in Nigeria.

Business

1 answer:

ss7ja [257]3 years ago

5 0

Answer:

Every Business is generally affected by the economic, social, legal, technological and political factors. ... Business environment includes those forces, factors and institutions that are beyond the control of individual business organisations and management but affect the business enterprise.

It was made known in this paper that Nigeria's business environment despite its prospect, is characterized by challenges of various kind, which range from lack of infrastructure such as poor electricity supply, poor road, network e.t.c., Insecurity, multiple tax system, inadequate financial service

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A __________ inventory system is a small, wheeled container used in a just-in-time inventory system to move component parts from

STatiana [176]

Answer:

Kanban inventory system

Explanation:

Kanban inventory system -

It refers to as the system , which make sure than the company's stores only the required components in the production or distribution process , is referred to as kanban inventory system .

The Kanban system enables to give indication for reordering or rearrange the stock .

Hence , from the given information of the question ,

The correct answer is Kanban inventory system .

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3 years ago

What Supreme Court decision overturned Plessy v. Ferguson? A. Brown v. Board of Education B. Engel v. Vitale C. Marbury v. Madis

alina1380 [7]

<span>What Supreme Court decision overturned Plessy v. Ferguson?

</span><span>A. Brown v. Board of Education</span>

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3 years ago

why would materials such as iron ore, steel, lumber, and coal be transported via ships from the united states to japan,rather th

BARSIC [14]

Idk so you need to ask somebody else because I’m really dumb and I don’t have the answer for u

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3 years ago

When Ben left the corporate rat race to start his own pottery business, he used some of his retirement savings to finance the bu

MariettaO [177]

When Ben left the corporate rat race to start his own pottery business, he used some of his retirement savings to finance the business. This practice is known as bootstrapping.

<h3>What is bootstrapping?</h3>

Bootstrapping is a word used in business to describe the process of starting and growing a firm utilizing solely available resources, such as personal funds, personal computing equipment, and garage space.

Learn more about bootstrapping here:

brainly.com/question/14097941

#SPJ4

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1 year ago

Cost flow relationships The following information is available for the first year of operations of Creston Inc., a manufacturer

HACTEHA [7]

Answer:

Cost of goods sold= $7,395,300

Direct material cost= $3,727,200

Direct labor cost= $3,137,300

Explanation:

A. Calculation to Determine Cost of goods sold using this formula

Cost of goods sold = Sales - Gross Profit

Let plug in the formula

Cost of goods sold= $ 12,755,000 - 5,359,700

Cost of goods sold= $7,395,300

Therefore Cost of goods sold will be $7,395,300

B. Calculation to Determine Direct material cost using this formula

Direct material cost= Material purchased - Indirect materials - Material Inventory, end of period

Let plug in the formula

Direct material cost= 4,251,600 - 185,500 - 298,900

Direct material cost= $3,727,200

Therefore Direct material cost will be $3,727,200

c. Calculation to determine Direct labor cost using this formula

Direct labor cost= Total manufacturing cost - Direct material costs - other factory overhead - Indirect labor

Let plug in the formula

Direct labor cost= 8,122,000 - $3,727,200 - 834,900 - 422,600

Direct labor cost= $3,137,300

Therefore Direct labor cost will be $3,137,300

8 0

3 years ago

How does the business environment influence the process of Business enterprise in Nigeria. ​

How does the business environment influence the process of Business enterprise in Nigeria.