"There are more than 7 billion potential customers in 195 countries around the globe....", therefore, it is important to conduct business globally. Option C. This is further explained below.
What is business?Generally, business is simply defined as a transaction b/w two or more parties to make a profit.
In conclusion, It is critical to do business worldwide because of the "more than 7 billion potential clients in 195 nations throughout the world."
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Answer:it’s important to conduct business
Explanation:
In consumer finance, which of the following are primarily used? A. financial statements B. budgets C. both budgets and financial statements
Answer:
Explanation:
The most important financial statement for the majority of users is likely to be the income statement, since it reveals the ability of a business to generate a profit. The financial statements are used by investors, market analysts, and creditors to evaluate a company's financial health and earnings potential. The three major financial statement reports are the balance sheet, income statement, and statement of cash flows.
Discuss ways in which business can deal with change in the workplace
Some of the ways in which businesses can deal with the change in the workplace are
Always be honest and assure your concerns Communicate with the officials Always ask questions and clear your doubtsMotivation from seniorsWhat is meant by a change?A change is referring to something which is different from the previous and is to be accepted by the people.
Business change can be arises in the organization where it wants to modify or transform any operation or activity performed in the workplace. The seniors want to assure and motivate the working employees to accept and adapt to that change.
Therefore, the management officials have to implement some ways so that the employees can able to cope with that change.
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What is a risk management strategy you could use to
protect your home?
Buying a home security system
Installing front porch cameras to monitor your
home
Purchasing reflective clothing to wear while biking
at night
A and B
While protecting a house, the risk management strategy that can be used by an individual is
to set up a security system the installation of cameras at the front door and porch of the house.Options A and B is the correct answer.
What is risk management?Risk management is a process where a person tries to mitigate the risks in every possible way.
The risk management strategy which can be utilized by an individual for protecting his/her house is to put a security system like handprint locks, alarms, etc. which will alert the individuals of the house if any criminal or thief tries to enter the house. Another way is to install the hidden cameras outside the house, especially at the entrance, which helped the individual to track the activities going outside the house.Therefore, the individuals can protect their homes by installing the cameras on the front door and setting up a security system that could be used as a risk management strategy.
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It is shree's job to constantly monitor the information on the company website to make sure it is accurate, up-to-date, and relevant to their customers. which of the 7cs of the digital retailing framework is shree concerned with?
Shree is concerned with the connection because it is important to have a proper customer connection with the company in order to development.
What are 7cs?The seven C's of communication are a list of principles for written and spoken communications to ensure that they are effective.
The seven C's are: clarity, correctness, conciseness, connection, concreteness, consideration and completeness.
Digital retailing can help dealers reach a wider set of consumers and create an experience that differentiates their dealership from others.
Thus, connection is the 7cs for which Shree should be concerned.
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Why is it necessary to include your family's income and tax information on
a fafsa application?
Mateo’s instructor tells him that before he goes further in his job search, he needs to engage in some introspection. How would Mateo’s actions BEST demonstrate introspection?
A.
He is visiting with his friends more frequently.
B.
He is journaling about his strengths and weaknesses.
C.
He is asking his parents for a loan to buy professional clothes.
D.
He is cooking all of his meals at home instead of going out.
He is journaling about his strengths and weaknesses is Mateo’s actions BEST demonstrate introspection. Because then only he can understand the potential of himself for doing anything.
What is the strength and weakness?Strengths are the potential traits and skills that a person poss of and with the help of the strength, the person build themselves in a job career.
Weakness is the skills and trait that is considered negative for any person that lags them down in the career, they always tried to overcome their weakness.
Thus, option B is correct.
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if the japanese yen appreciates against the u.s. dollar,
Answer:
If the Japanese yen appreciates against the U.S. dollar,
a. Japanese businesses gain by a decrease in the dollar price of exports to the United States.
b. Japanese consumers gain by a decrease in the yen prices of U.S. exports to Japan.
c. Japanese consumers lose by an increase in the yen price of U.S. exports to Japan.
d. U.S. consumers gain by a decrease in the dollar price of Japanese exports to the United States.
If the Japanese Yen appreciates against the United States dollar, Japanese consumers gain by a decrease in the dollar price of exports to the United States of America.
What is United States of America?United States of America is a country consists of 50 united states on the north America continent in the western hemisphere.
Currency appreciation is the increase in the value or worth of a currency in relation to the another currency. There are several reasons for the appreciation of the currencies and these include the interest rates, government policy, business cycles and trade balances. The value of a currency changes based on its supply and the demand in the forex market. These fluctuation in values makes firms and traders increase or decrease their financial assets and profit off them.
An appreciation results in cheaper exports and expensive imports. If the Japanese yen appreciates, it means lesser the amount would be needed to purchase a dollar thereby resulting in Japanese businesses gaining a reduction in the price of exports to the United States of America.
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If you were a sole proprietor and had annual profits of $100,000, how would the profits be distributed
Pls help ASAP
The profits as a sole proprietor can be distributed as follows :
Investments savings and Capital Who is a sole proprietor ?A sole proprietor is an exclusive owner of a business who is entitled to keep or profits as well as take all the risks involved with the business.The profits from a business venture can be distributed into alternative investment opportunities, savings and part of the profit can be reinvested as capital into the business.
Hence we can conclude that The profits as a sole proprietor can be distributed as follows : Investments savings and Capital
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what are the qualifications for something to be used as money
Answer:
The requirements needed for something to be used as money.
1.That thing which must be useful in any purpose.
2.You have to find that person who must needed of that thing. Then he will buy from you. (Whether it's your own talent)
Pros and cons of using your own money in a business.
Troy Engines, Limited, manufactures a variety of engines for use in heavy equipment. The company has always produced all of the necessary parts for its engines, including all of the carburetors. An outside supplier has offered to sell one type of carburetor to Troy Engines, Limited, for a cost of $35 per unit. To evaluate this offer, Troy Engines, Limited, has gathered the following information relating to its own cost of producing the carburetor internally: Per Unit 16,000 Units per Year Direct materials $ 16 $ 256,000 Direct labor 12 192,000 Variable manufacturing overhead 3 48,000 Fixed manufacturing overhead, traceable 3* 48,000 Fixed manufacturing overhead, allocated 6 96,000 Total cost $ 40 $ 640,000 *One-third supervisory salaries; two-thirds depreciation of special equipment (no resale value).Required:
1. Assuming the company has no alternative use for the facilities that are now being used to produce the carburetors, what would be the financial advantage (disadvantage) of buying 20,000 carburetors from the outside supplier?
2. Should the outside supplier’s offer be accepted?
3. Suppose that if the carburetors were purchased, Troy Engines, Ltd., could use the freed capacity to launch a new product. The segment margin of the new product would be $200,000 per year. Given this new assumption, what would be financial advantage (disadvantage) of buying 20,000 carburetors from the outside supplier?
4. Given the new assumption in requirement 3, should the outside supplier’s offer be accepted?
Based on the various costs involved in making the carburetors, the financial advantage(disadvantage) of buying outside is -$60,000. The offer should be rejected.
What is the cost of making the carburetors?This can be found as:
= Direct materials + Direct labor + Variable Overhead + Fixed overhead (supervisory salaries)
= 16 + 12 + 3 + 3/3
= $32 per unit
Financial advantage (disadvantage):
= (32 - 35) x 20,000
= -$60,000
If Troy Engines, Limited were to buy from the outside supplier, they would incur a financial disadvantage of -$60,000 so they should NOT buy from the outside supplier.
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A prepayment is originally recorded as an asset. An adjusting entry at the end of the accounting period results in a(n) Blank______ in the asset account and a(n) Blank______ in the expense account.
A prepayment is originally recorded as an asset. An adjusting entry at the end of the accounting period that results in decrease in the asset account and an increase in the expense account.
What is an accounting period?An accounting period refers to the period of time that covers certain accounting functions that can be either calendar or fiscal year.
A prepayment is originally recorded as an Asset. An adjusting entry at the end of the accounting period results in decrease in the asset account and an increase in the expense account.
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What advice or feedback would you offer your manager to improve their effectiveness as a manager?.
explain the relationship between occupation and education with example
Answer:
People who do not qualify for a particular job are given education through training in order to gain the needed knowledge for that particular job. As students, we go to school in order to be educated for future jobs. Good education on a job gives a better understanding and this brings out an excellent delivery of work.
Explanation:
More consistent and extended education leads to more job opportunities, increased income, and the ability to change one's economic status. Education has not only a connection to sanitation and hygiene elements in informal settlements but also to general career development.
What does liability insurance not cover in the event of an
accident?
The liability insurance does not cover the intentional harm caused by the insured, Employee injuries or illnesses, Illegal acts or wrongdoing in the event of an accident.
What is a Liability Insurance?Liability insurance is a norm to provide the insured party with some conservation against claims resulting from injuries and damage to people or property, covering both legal costs and any payouts for which the insured party would be responsible if found legally liable.
There are two types of liability coverage: bodily injury and property damage. Many states in the US needs liability coverages, subject to limits, which is the maximum amount the insurer will pay when the incident occurs. For example, a car accident can be expensive. This is why there is a limit of compensation which an insurer can offer.
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Economies of scale, being closer to customers to reduce distribution costs, or being nearer to resources, are reasons why companies may spend millions of dollars to move their
Economies of scale, being closer to customers to reduce distribution costs, or being nearer to resources, are reasons why companies may spend millions of dollars to move their facilities
What are Economies of Scale?This refers to the saved costs that are gotten by the increased production of goods that are essentially cost advantages.
Hence, we can see that in order to reduce distribution costs, or to be nearer to resources, this is why companies may spend millions of dollars to move their facilities
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Supply of a product is likely to go down in which situation?
A. Businesses expect the product's price to rise.
B. New technology makes the product cheaper to produce.
C. Skilled workers join companies that make the product.
D. The government raises taxes on the product.
A number calculated by an independent party which represents what he current market rate as calculated using various factors is called a
A number calculated by an independent party which represents the current market rate as calculated using various factors is called an Index.
What is an Index?
Index is an entity that helps to compare the returns yielded during any investments. This tool is used by financial managers and investors of the market to describe the market face.
It is also essentially a roadmap to the book, listing names, places, and things in alphabetical order and giving the page numbers associated with each topic.
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Answer:
index
Explanation:
I jus did it.
DIY, a retail hardware store, must use reasonable care on its premises to warn its invitees of: Group of answer choices all possible dangers only serious dangers. foreseeable risks. dangers about which the business does not know.
DIY must use reasonable care on its premises to warn its invitees of dangers about which the business does not know.
What are hidden dangers?Hidden dangers can be described as dangers or threats that may not be completely predictable at a location, but that must be addressed in the event that they occur.
Since these dangers are the ones the business does not know about, the business must use reasonable care on its premises by ensuring that an ordinary person, exercising ordinary judgment, would not do anything that might cause hurt or damage in any form.
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Sara has a home-based business and needs to produce professional looking documents. She's willing to pay more money for a high-quality, fast printer that produces sharp text and doesn't use too much ink. Which printer should she choose
If Sara what printer with quality, fast printer that produces sharp text and doesn't use too much ink she should get it Inkjet printer
What is a printer?A printer is device used in printing documents, there are different types of printer based on the type of printing to be made.
Therefore,If Sara what printer with quality, fast printer that produces sharp text and doesn't use too much ink she should get it Inkjet printer
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The printer that Sara should choose is a Laser Printer
What is a Laser Printer?This refers to the type of printer that produces high-quality images and is super quick and uses a minimal amount of ink.
Hence, we can see that based on the fact that Sara wants to buy a new printer for her home-based business, and she wants to produce professional looking documents, she should buy a laser printer.
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The multi resource company manufactures two lines of washing machines, regular and deluxe. the contribution margin per unit of a regular model is $110 and for deluxe model is $175. the company has two departments, assembly and testing. the regular model requires 3 hours to assemble, while a deluxe model requires 4 hours. the total time available in assembly is 12,144 hours. in the testing department, it requires 2. 5 hours to test a regular model and 1. 5 hours to test a deluxe model. a total of 6,240 hours of testing time is available. based on this information, the optimum production plan for multi resource is:
Based on this information, the optimum production plan for multi-resource production is 3,036 Deluxe models.
What is the optimum production plan?The optimum production plan is the production plan that yields the highest level of contribution margin per unit of the limited resource.
Data and Calculations:Regular Deluxe Total
Contribution margin per unit $110 $175
Assembly hours 3 4 12,144
Testing hours 2.5 1.5 6,240
Limited resource = Assembly hours
Contribution margin per unit of limited
resource = $36.67 ($110/3) $43.75 ($175/4)
Thus, the optimum production plan is to maximize the contribution margin per unit of the limited resource by producing 3,036 units of the Deluxe Model (12,144/4).
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PLEASE HELP SOON WILL GIVE BRAINLIEST
How does a consumer complaint benefit the manufacturer?
A. The complaint notifies the manufacturer of a possible issue.
B. The complaint is registered with the government.
C. The complaint tells the manufacturer they did something wrong.
D. The complaint leads to an investigation.
Answer:
A. The complaint notifies the manufacturer of a possible issue.
Explanation:
this lets the manufacturer become aware of any issues- this benefits them
A consumer complaint benefit the manufacturer by Option(A) The complaint notifies the manufacturer of a possible issue.
What is a consumer and a manufacturer ?A consumer is a person or a group who intends to order uses purchased goods, products primarily for personal, social household and similar needs, not directly related to any of business activities.
A manufacturer is a person or company that produces finished goods from raw materials by using various tools, equipment, and processes, and then sells the goods to consumers distributors, retailers, or to other manufacturers for the production and make their profit out of it.
How does a consumer complaint benefit the manufacturer ?A consumer make any complaint to the manufacturer if after taking the product or using it , the consumer founds any flaws or mistakes in it which might not be notified by the manufacturer.
Therefore, a consumer complaint benefit the manufacturer by Option(A) The complaint notifies the manufacturer of a possible issue.
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3-Define "Pure Risk"
and provide and
provide an example
Pure risk is a risk in which there is only a possibility of loss or no loss—there is no possibility of gain. Pure risk can be categorized as personal, property, or legal risk.
Example:
→ A car accident.
If a person damages a car in a accident, there would obviously be no gain from it. The only outcome possible of this event would result in a loss, making this example a pure risk.
Which term describes a company being so open to other companies working with it that electronic information is shared as if the companies were one?.
Individuals who report unethical practices by their employer to outsiders are known as A. change agents B. boundary spanners C. early adopters D. whistle-blowers E. free riders
Individuals who report unethical practices by their employer to outsiders are known as whistle-blowers.
Who are whistle-blowers?A whistleblower is anyone who has and reports insider knowledge of illegal activities occurring in an organization. Whistleblowers can be employees, suppliers, contractors, clients, or any individual who becomes aware of illegal business activities.
Whistleblowers are protected from retaliation under various programs created by the Occupational Safety and Health Administration (OSHA), Sarbanes Oxley Act. The protection of federal employees is under the Whistleblower Protection Act of 1989.
Thus, option D is true, as Whistleblowers are the Individuals who report unethical practices by their employer to outsiders.
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The amount of unemployment that an economy normally experiences is called the Group of answer choices average rate of unemployment. cyclical rate of unemployment. natural rate of unemployment. typical rate of unemployment.
Answer:
Natural rate of unemployment
Explanation:
The amount of unemployment that an economy normally experiences is called the natural rate of unemployment
In the long-run, a company that produces and sells popcorn incurs total costs of $1,150 when output is 70 canisters and $1,780 when output is 100 canisters. When this popcorn company increases production from 70 to 100 canisters, it exhibits
When this popcorn company increases production from 70 to 100 canisters, it exhibits : economies of scale because average total cost is rising as output decrease.
Economies of ScaleThe popcorn company will tend to exhibits economies of scales based on the fact if their is decrease of output the average total costs will increase or rise from :
ATC1 = 1150/70
ATC1= $16.43
TO
ATC2 = 1780/100
ATC2= $17.8 per unit
Therefore it exhibits economies of scale because average total cost is rising as output decrease.
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A decrease in Net Exports causes whichof the following?
A. a rightward shift of the Demand
Curve
B. a leftward shift of the Demand Curve
C. no shift of the Demand Curve
Answer:
no shift of the demand curve
how can i get financing for my self storage business how to start a self storage business
Answer:
there are a ton of programs that will fund small buisnesses but in the meantime while waiting for that to happen you could get a part time job and save all your money for the buisness or you can hussle i recomend looking into marketplace flipping it is a great way to make quick cash if your good at it
Explanation:
News sources are helpful for generating ideas for topics tied to current events. True False
Answer:
The answer is True.
Explanation:
All people want is new ideas something they havent seen before.