Answer:
Offering products that most customers would find exciting and would want to try
Explanation:
Gaining a competitive advantage is key to the survival of a manufacturer in a competitive market , In order to achieve this , a manufacturer has to come up with strategies to beat the competing producers in the market.
If Theo Chocolate can offer products that most customers would find exciting compared to the existing conventional products in the market , this will attract customers as they like out trying new products and stick to it as long as the quality remains good. However , Theo will need to constantly improve on this maintain market dominance.
Answer:
$3,900
Explanation:
A speed boat bought for $13,000 depreciates at 10% per annum compounded continuously. What is its value after 7 years?
Round the answer to nearest dollar.
Amount of depreciation per annum = 13,000 x 10% = $1,300
Amount of depreciation in 7 years = 1,300 x 7 = $9,100
Value of Speed boat after 7 years = 13,000 - 9,100 = $3,900
Answer:
merchandise inventory
Merchandise inventory
Merchandise inventory
Merchandise inventory
Merchandise inventory
Merchandise inventory
Explanation:
When the perpetual inventory method is being used, the accountant debits <u>merchandise inventory </u>and credits Accounts Payable (or Cash) when goods are purchased and debits Cost of Goods Sold and credits <u>merchandise inventor</u>y when gods are sold, along with the proper sales entry.
When the perpetual inventory method is being used, the accountant debits <u>merchandise inventory </u>and credits Accounts Payable (or Cash) when goods are purchased and debits Cost of Goods Sold and credits <u>merchandise inventor</u>y when gods are sold, along with the proper sales entry.
When the perpetual inventory method is being used, the accountant debits <u>merchandise inventory </u>and credits Accounts Payable (or Cash) when goods are purchased and debits Cost of Goods Sold and credits <u>merchandise inventor</u>y when gods are sold, along with the proper sales entry.
The cost of each sale transaction ensures that the merchandise inventory account under a perpetual inventory system reflects the updated cost of merchandise available for sale.
Answer:
No. I do not think leadership style is fixed.
Explanation:
There are various leadership styles used by leaders in organizations depending on the type of job, the category of employees, the situation, or the organizational goal the leader is trying to achieve.
Some of these leadership styles include; bureaucratic, democratic, autocratic, servant and transactional leadership styles.
It is best for leaders to be flexible and know what style to adopt depending on the particular situation.
For example, in <u>situations where employees are inexperienced</u>, a leader should choose a leadership style (such as bureaucratic leadership) where he gives instructions and directs the employees on what to do.
If on the other hand, such a l<u>eader is in charge of experienced employees</u>, then he can adopt the democratic style of leadership, where the employees are allowed to give inputs and have freedom to make certain decisions.
