Covid-19 does affect our SME’s businesses and how could it work out for them in this challenging economic times?

Q: Do firms have any responsibilities to society atlarge?

A: The answer is Yes, firms have a lot of responsibilities to the society. Also, small businesses still…

Q: Setting up and running an Online business is one of the best ways to avoid problems associated with…

A: it is true that setting up an online business is the best way to avoid the problems associated with…

Q: what recent development in FP&A, if any, can significantly help companies deal with a black swan…

A: The answer for the theory question on the development in FP&A that helps companies in dealing…

Q: 1. Which of the following statements is true about an intemational business? An international…

A: Here, Any Organization starts it's international business which have - trade barriers  - Tariff…

Q: As a business owner, discuss how the level of taxes (inland or at the border) could improve or…

A: Tax is the charges levied by the central and state government on the net income, sale or capital…

Q: Can organizations survive on a specific economic view as they become involved in international…

A: International business refers to any cross-border exchanges of products, services, or resources…

Q: Different businesses respond in different ways, ranging from reactive stances through to more…

A: The reactive stance manages the issues once they emerge or being encountered, without appropriate…

Q: How are high-context and low-context cultures different? Which of these is the best culture for…

A: Communication is a process of exchange of ideas, thoughts, information’s from one person to another…

Q: Which statements are TRUE? 1. Minimum wage laws check the problem of purchasing power of income…

A: Ethics can be explained as moral philosophy that helps an individual or organization in determining…

Q: We have been talking about the numbers a lot as far as financial management, it should be worth…

A: Mergers and acquisitions include those transactions in which one business is acquired by another…

Q: What are the common barriers to entry that the entrepreneurs can experience in business operation?

A: Barriers to entry are the obstacles or hurdles that make it difficult or prevent new enterprises to…

Q: True or False & Why? : Comparability between businesses will be improved since ASC 606 establishes…

A: The Answer

Q: important of the Sarbanes Oxley act of 2002?

A: Sarbanes Oxley act of 2002 is the act that require necessary factors to be complied with while…

Q: When markets fail to allocate resources efficiently in an industry, the government often intervenes…

A: When social optimality is not achieved in an economy due to inefficient allocation of resources,…

Q: Why do demographic shift and technological development create both challenges and new opportunities…

A: Diversity management relates to a set of management and governance strategies that seek to promote…

Q: Too big to fail” was a common buzz phrase during the Great Recession. The idea behind it is that…

A: Too big to fail or TBTF means that some organisations are so large and essential to the functioning…

Q: One effect of the recent globalisation of business is that it is now easier for owners and managers…

A: In business, globalization refers to the companies operating internationally or on a global scale.…

Q: Why entrepreneurs need the support of the government ?

A: For encouraging the budding entrepreneurs for the kickstart innovative businesses that would…

Q: 1. suppose the government is introducing a new law that alcohol producers can no longer advertise…

A: All internal factors are relates to the micro environment and all external factors are relates to…

Q: Discuss why you would not expect all industries to have a similar relationship to the economy. Give…

A: All industry in an economy produced different goods and services, for which market factors varies.…

Q: (a) Why is education and training rarely provided by firms? What government policies would encourage…

A: Educated employees earn more and have more opportunities than the person without a degree or…

Q: Critically examining why businesses that are made up of two or more people coming together with the…

A: Please find the answer to the above question below:

Q: What are some market conditions that may favor companies listed in the S&P 500 communication sector?

A: Communication sector : Communication sector mainly comprises from media  to internet companies. This…

Q: businesses exist and operate in many different environments. This has always been the case, but many…

A: There are two types of business environments. These are A) Internal environment B) External…

Q: What factors reduce the effectiveness of companies business plan

A: A business plan is a written document that explains all the things about business objectives and how…

Q: Which of the following is correct about business ideas and opportunity?

A: The first 3 subdivisions have been answered for you. Please resubmit the question specifying the…

Q: Do you think we have an agency problem in big businesses and organizations (such as Eskom) in South…

A: The agency problem is due to asymmetry in information and management information systems. Managers…

Q: Choose a company (local or multinational) of your choice and discuss how this Covid-19 pandemic…

A: Covid-19 coronavirus used to outbreak, which has spread the virus the world. It has the major for…

Q: Why is an understanding of entrepreneurship important in the context of international business?

A: International business is referred to as the trade of services, capital, goods, and also knowledge…

Q: What is sustainability accounting? Discuss the global efforts to make corporations aware of the…

A: Sustainability Accounting: The process of monitoring, assessing, and reporting a company's social…

Q: what if in the future, it will earn a negative RCE. Is this possible for a company? Why?

A: RCE = return on capital employed. ------------------------ Return on capital employed is the ratio…

Q: iscussion Questions: 1. Why did the strategic plans adopted by companies like Level 3, Global…

A: Strategic planning seems to be the procedure through which organisational leaders decide their…

Q: The GPFS provide information about the financial position, performance and cash flows of an…

A: GPFS means general purpose financial statement. The main objective of GPFS is to provide information…

Q: Describe how businesses can be profitable while being socially responsible? Discuss which companies…

A: Corporate social responsibility is related to the effort taken by the business for the impact of its…

Q: What purpose of business model present a favorable situation for entrepreneur?

A: A business model is a framework of the company via which the whole company function. It is the model…

Q: What is business law about and how does it help us?

A: Business laws is also known as commercial law or mercantile law... In doing business the company has…

Q: How can you describe how America's ethical reasoning might disrupt global business?

A: Answer:-  Ethical reasoning meaning:- "Ethical reasoning can be defined as the ability to recognize,…

Budgeted Income Statement

Accounting is the process of recording business-related financial transactions. The process of accounting involves summarizing and analyzing the transactions. The financial statements which are prepared in accounting contain a summary of the various transactions that took place within a certain accounting period. Book-keeping or accounting is one of the most important activities of any business.