Answer the following questions
Question 1) How can base price be standardize and why?
Question 2) Write down the purpose of business communication?
Question 3) Principles of Economics assume the price elasticity of demand for the textbooks is two and price of the textbook is increased by 10% By how much does the quantity demand fall? Write down the results and explain reason for the fall in quantity demand.
Question 4) What do you mean by sales and operational planning(S&OP)process and write down the advantages of S&OP process?
Question 5) What are two questions that an owner may be able to answer by looking at accounting information?
Question 6) Explain with reason that why does Stock Prices Fluctuate?
Question 7) Explain of production processes, quality, stock control and factors internal and external which effect production within an organisation?