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1 year ago

To help maintain a competitive advantage, the emphasis for most companies is on _____.

1 answer:

5 0

To help maintain a competitive advantage, the emphasis for most companies is on internal resources. Internal resources can create a competitive advantage. It is very advantageous when the internal parts of a business is strengthen.

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The price of oil in the United States has been very volatile over the last 50 years, with the real price of oil showing a few d

Snowcat [4.5K]

Answer:

The first dramatic swing happened in the 1970s when there was a sharp rise in the real price of oil caused by the formation of OPEC.

In 1973, the World saw it's first oil spike when members of the Organization of Oil Exporting Countries (OPEC) being mostly Muslims, decided to punish the Western World for their perceived support of the Israelis in the Yom Kippur War. They placed an embargo on the sale of oil to the West and because they controlled 56% of the then World supply, this was enough to force the price of oil up due to the reduction in demand.

The second swing happened in the 2000s when there was a sharp rise in the real price of oil caused by increased demand from emerging economies.

From the early 2000s to 2008, the price of oil kept rising steadily till it reached around $147.30 in July 2008. This rise in prices was due to increased demand from newly industrialized and emerging nations like China that needed the oil to maintain their rapid growth.

The most recent swing happened in 2008 when there was a sharp drop in the real price of oil caused by a large financial crisis.

By December 2008, the price of oil had fallen to $32 and this was down to the global recession that was ravaging the World known as the Great Recession. As the world saw economic output fall, demand for oil decreased sharply thereby forcing the price of oil to fall dramatically.

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1 year ago

Brand 123 has customers in many countries purchasing its bicycles, but its managers are unsure if the brand is truly a "global b

Inga [223]

Answer: d. 30%

Explanation:

Global brands are companies that have achieved international success such that they are recognised in many other countries apart from their own and have many customers in other countries as well.

However, simply being known abroad does not classify a company as a global brand. The company must be generating sufficient revenue from their operations outside as a proportion of their total revenue their home country with sufficient meaning at least 30% of their revenue.

6 0

1 year ago

During the year,Liptom Company made an entry to write off a $4,000 uncollectible account. Before this entry was made, the balanc

Andru [333]

Answer:

$55,500

Explanation:

The computation of the net realizable value after the write off entry is show below:

The credit balance in allowance with terms to bad debts is

= $4,500 - $4,000

= $500

Now the net realizable value is

= ($60,000 - $4,000) - ($4,500 - $4,000)

= $56,000 - $500

= $55,500

Hence, the same is to be considered

7 0

1 year ago

John Budd is the sole shareholder of Ral Corp., an accrual-basis taxpayer engaged in wholesaling operations. Ral’s retained earn

Annette [7]

Answer: $27,000

Explanation:

Even though for GAAP reasons, revenue is to be recognized only when earned as per the Accrual principle of accounting, this is not so for the calculation of taxable income.

Taxable income is to be calculated on cash basis which means that taxes are to be paid on revenue when the revenue is received in cash and not when it is earned.

As Ral Corp. received the money in 2020, they are to include the entire amount of $27,000 in their 2020 taxable income for rent revenue.

4 0

1 year ago

This chart represents the desired employers for four different Manufacturing employees. Manufacturing Employees Interested in Wo

CaHeK987 [17]

I think the answer is A.

Gary should work in Manufacturing Production Process Development
Caton should work in Logistics and Inventory Control
Eva should work in Production
Tam should work in Maintenance, Installation and Repairs.

4 0

1 year ago