--%>
Assignment Help - homework help

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?

E

Expert

Verified

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.

   Related Questions in Managerial Accounting

  • Q : Capital account on credit and debit side

    List the items that might appear on the debit side and credit side of a partner's fluctuating capital account. Answer: On debit side: Drawing, interest on drawing, c

    		•
  • Q : Main users of the accounting information

    Briefly list out the main users of the accounting information which are related to the business?

    		•
  • Q : Basic Fortran Project Fortran Project

    Fortran Project This is our last project of the semester. You have freedom to code anyway you like, but make sure to meet the minimum project requirements.&nb

    		•
  • Q : Management accounting and financial

    What does the difference between management accounting and financial accounting suggest?

    		•
  • Q : Define Inter-Entity Inter-Entity : A

    Inter-Entity: A term meaning between or among distinct federal reporting entities. It generally refers to the activities or costs among two or more agencies, bureaus or departments.

    		•
  • Q : Classification of costs with examples

    describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making

    		•
  • Q : How do tax influence the cost of debt

    Normal 0 false false

  • Q : Fixed capital of partners Explain the

    Explain the term fixed capital of partners? Answer: Partners' capital is state to be fixed if the capital of Partners remains unchanged except in the situation where

    		•
  • Q : Elements of Partnership Three main

    Three main elements of Partnership: A) Carrying on of a business: • A ‘business’ is any trade, occupation or pr

    		•
  • Q : Explain Full-Absorption Costing

    Full-Absorption Costing: It is a technique of costing that assigns (or absorbs) all labor, material, and service or manufacturing facilities and support costs to products or another cost objects. The costs assigned comprise those which do and do not d

    		•