1. Explain the most important products or services from your Advanced Auto Parts and describe the most important expenses according to the income statement of your firm. Describe how assets and liabilities are distributed. Answer this question, is your firm makes profits because of the ability to control expenses or because of the ability to deliver products with higher gross profit margins?
2. In the process to operate the business explain why databases and organizational structure are important to human resources to cooperate and coordinate efforts to achieve corporate goals.