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2 years ago

Describe 'the market place'

1 answer:

8 0

A marketplace is any location, whether in person or online, that facilitates the exchange of goods between buyers and sellers. A marketplace business model differs from that of a retail store, because transactions happen in both directions, not just one.

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Imagine that you have been hired as a chemist and your first task is to examine a newly discovered element. the paperwork you ar

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The element is called Darmstadtium.

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4 years ago

The _____ measures the dollar value at current market prices of all final goods and services produced annually by factors of pro

vlabodo [156]

Answer:

A) gross national product (GNP)

Explanation:

The gross domestic product (GDP) measures the market value of the total production of final goods and services produced within a country during a year.

The GNP is different because it measures the market value of the total production of goods and services produced by the people or businesses of a country within a year. For example, sales of Apple products in Europe do not increase the GDP, but they increase the GNP.

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3 years ago

Ruiz Co. provides the following sales forecast for the next four months. April May June July Sales (units) 500 580 540 620 The c

nexus9112 [7]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sales:

April= 500

May= 580

June= 540

July= 620

Finished goods inventory on April 1 is 190 units

Desired ending inventory= 25% next month sales.

To calculate the production for each month, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

April:

Sales= 500

Desire ending inventory= (580*0.25)= 145

Beginning inventory= (190)

Total production= 455 units

May:

Sales= 580

Desire ending inventory= (540*0.25)= 135

Beginning inventory= (145)

Total production= 570 units

June:

Sales= 540

Desire ending inventory= (620*0.25)= 155

Beginning inventory= (135)

Total production= 560 units

4 0

3 years ago

1. Jeffrey Swartz’s approach to running Timberland is based on the belief that business success is compatible with corporate soc

dybincka [34]

Answer:

Yes

Explanation:

Corporate Social responsibility refers to the social obligations which a business owes towards the society, as business represent trustees of the society's resources.

As per the concept, a business derives it's resources from the society, such as raw materials, labor , manpower, water, electricity, etc. Business goods and services are purchased by the society and business derives it's revenue from the society. Thus, it is also the responsibility of business to be socially responsive i.e to address and participate in social issues, contribute towards education and provide amenities such as drinking water and sanitation and be protective of the environmental flora and fauna.

Swartz approach of operating Timberland is absolutely justified and realistic. Business success and effective discharge of corporate social responsibilities are interlinked.

Businesses who take up socially responsive causes perform better since it augments their reputation in the public eye and also helps them find able support from government and other authorities owing to being compliant and ethical in their approach.

6 0

3 years ago

What will happen to the current ratio if current assets increase, while everything else remains unchanged?

Nana76 [90]

The current ratio will increase if current assets increase, while everything else remains unchanged.

This is further explained below.

<h3>What is the current ratio?</h3>

Generally, A liquidity ratio that evaluates a company's capacity to pay short-term debts or those that are due within the next year is called the current ratio.

It explains to investors and analysts how a business may get the most out of the current assets that are shown on its balance sheet in order to pay off its current debt and any other payables.

A current asset is defined as any asset that a company can reasonably expect to sell, consume, or deplete through the normal operations of the business inside the current financial year or an operating cycle, or an economic year.

In other words, a current asset is an asset that will be sold, consumed, or exhausted.

In conclusion, If current assets continue to grow while everything else stays the same, the current ratio will continue to show an upward trend.

Describe 'the market place' ​

Describe 'the market place'