Operation of business environment-turbulent and competitive
What are the main reasons that the operation of business environment has become ever more turbulent and competitive?
Expert
There are many reasons which have been recognized to explain such changes which are as follows:
a) Rising sophistication of customers.b) Development of a worldwide economy where national frontiers become less significant.c) Rapid modification in technology.d) The de-regulation of domestic markets (for illustration: electricity, water and gas).e) Rising volatility of the financial markets.
Expense: The Outflow or other using up of resources or acquiring liabilities (or a combination of both), the advantages from which exert to an entity's operations for the present accounting period, however they do not expand to future
The process of testing a new software program using actual data and comparing the results to the alternative soft wares. The alternative can be new software or the organization's existing system. The test should be examined the software's accuracy and efficiency.
How have you observed the regulations which affect both your industry and your accounting place?
Normal 0
A company's annual report is the single most important way for it to convey itself to potential investors. As such, it should be no surprise tha
Why most of the larger businesses are not managed as the single unit through one manager?
Normal 0 false false
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
Standard Costing: A costing technique which joins costs to cost objects based on reasonable approximations or cost studies and by the means of budgeted rates instead of according to actual costs incurred. The predictable cost of gener
18,76,764
1960198 Asked
3,689
Active Tutors
1453803
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!