Answer:
b)Horizontal diversification
Explanation:
Horizontal diversification is defined as the process by which a business starts providing a product that is unrelated to its previous products supplied.
However the market is a similar one.
In the given scenario Marble Cakes, Inc. has set up business in three other states with additional menu options of cupcakes, donuts, and coffees to generate new customers.
The new set of products are completely different from the one initially supplied, but sales is in similar market as before.
Answer:
2021 2022
Beginning inventory $20,730 $28,010
Cost of goods purchased <u>$150,450</u> <u>$174,240 </u>
Goods Available for sale $171,180 $202,250
Less :Ending Inventory <u>$28,010 </u> <u>$40,660</u>
Cost of goods sold <u>$143,170</u> <u>$161,590</u>
Note: The ending inventory of 2016 will become beginning inventory of 2017.
Answer:
Management system
Explanation:
<u>A database management system which is abbreviated as DBMS, is a system software which is used for creating as well as managing databases.</u> DBMS provides the users and the programmers with systematic way to create, update, retrieve and manage the data.
<u>DBMS makes possible for the end users to read, create, delete and update data in the database.</u> DBMS serves essentially as an interface between database and the end users or application programs and also ensures that the data is consistently organized as well remains accessible easily.
Answer:
D
Explanation:
The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
The PPC is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources
Points inside the production possibilities curve means that the nations resources are not being fully utilised
Factors that cause the PPF to shift
1. changes in technology.
2. changes in available resources.
3. changes in the labour force.
Due to the significant unemployment , production would occur at a point inside the curve. When the firm moves to full employment, production would take place on the curve
Answer:
Spiral in
Explanation:
Straight path can lead you to a random career choice that you do not like. Final destination does not give you enough time to choose something you will be doing for the rest of your life. However, circling will never get you to decide, so the last option is most ideal
