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Why it is important to develop various theories of firm?

why is it important to develop various theories of firm?


Why is it important to monitor the macro-environment of a firm?

It is very important to monitor the macro-environment of a firm as they will directly affect the organization. These are external factors that a firm will not have control over and will affect the performance of the business.


Why is the stock prices important to a firm?

its inportant to the firm on the cause that it give some reputation, it also ofthen give a valiu of the state of that firm (Notice: the firm can have a low stock and goes good)


Why is planning important to the firm?

Planning is not only important to the firm but it is important for individual too. Planning is important to estimate tasks and resources available. Planning is important in prioritizing among multiple tasks. Planning is important in estimating final output. Planning is important in estimating time period to achieve target.


Definition of international firm?

The definition of an international firm is a company who deals in important and exports. They do so internationally thanks to licensing and franchising.


What are some similarities between a firm and an industry?

It is very important to economy development.


What is the most important pricing strategy for a perfectly competitive firm?

Minimizing cost


What is the most important ingredient in developing a firm's financial plan?

A forecast of sales revenues.


Discuss important elements of culture and their impact on a firm's international business operation?

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What is an important step early on when forming a web marketing strategy?

Hiring a consulting firm


Why is it important for accounting firm to maintain their independence in fact and in appearance?

Because the accounting firm has to keep their professionalism in their work and image as the most highly trusted and reliable entity to gain 100% trust in the economy. This is important and must be seen independence as well.


What is the clearing firm number for Bank of America Merrill Edge accounts?

The clearing firm number for Bank of America Merrill Edge accounts is 519. This number is used to identify the firm in various financial transactions and is important for activities such as trade settlement and recordkeeping.