Answer: A firm may operate in multiple industries.
Different firms may use different accounting practices.
Explanation:
Ratio Analysis as you probably know is a very useful tool in financial analysis. It works by comparing ratios based on items in the financial statements of a company to measure certain things such as the Company's Liquidity, Profitability and the like.
It does have certain drawbacks though such as,
A firm may operate in multiple industries
When a firm is operating in multiple industries. Comparing ratios is not a simple task. Different industries record profits and costs differently and just because a ratio is held in high esteem on one company does not mean it is good in another thereby making comparison based on ratios alone quite cumbersome.
Different firms may use different accounting practices
Now if different companies use different Accounting practices, you might find that ratios cannot be straightforwardly compared because different types of figures were used by the different companies. For instance, some companies might use a Straight Line Depreciation method as opposed to a Reducing Balance method which will have varying effects on income.
Answer:
A. management by objectives (MBO).
Explanation:
Lyell's experience suggests that Nutty Boys is utilizing management by objectives (MBO).
Management by objectives (MBO) is a strategic management model that aims to improve the performance of an organization by clearly defining objectives <u>that are agreed to by both management and employees.</u>
In the scenario, it was stated that ''Lyell likes the fact that managers at Nutty Boys listen to their subordinates' ideas and get everyone involved in setting goals and objectives.''
Hence, her experience matches the definition of Management By Objectives.
<span>(10,287.56 - 10,005.23) / 10,287.56 =
(282.33) / 10,287.56 = 0.0274
0.0274/100 = 2.74%
</span><span>At the beginning of the day, the dow jones index was at $10,287.56. at the end of the day, the dow jones index was at $10,005.23. </span>The rate of change of the dow jones on this particular day is 2.74%
<span>When viewed and analyzed together, economic indicators and market indexes can provide a clear picture of economic growth. The main measure of economic growth is gross domestic product, or GDP. If GDP declines, we can safely say that the economy is shrinking. Market data indicates that this change took place during the financial crisis in 2008 and 2009. These changes match trends in employment. As employment dropped, so did the economy's growth. Finally, these changes correspond to market indexes. Prices and market demand dropped as other indicators dropped in turn. All together, these indicators and indexes provide a clear pattern for analyzing economic changes.</span>
Answer:
First mover advantage
Explanation:
First mover advantage refers to the advantage gained by an organization by simply being the first initial significant occupant of the market segment. By being the first to enter that particular market, the organization gains insurmountable market position. In some cases, the product of the first mover becomes the standard for both competitors and consumers. In this case, Sony has first mover advantage hence the edge they have over other companies seeing they were the pioneers.
