What is service enterprise
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Today I sold a new 80 inch television. The sale of this item is called________?
A. Unit of Sale
B. Asset
C. Cost of Goods Sold
Answer:
unit of sale
Explanation:
if u look up the definition of the word, unit of sale makes understand
Answer:
a.unit of sales
Explanation:
what are the merits and demerits of group trade?
Answer:
(a) International Specialization: ...
(b) Increase in World Production and World Consumption: ...
(c) Safeguard against the Advent of Monopolies: ...
(d) Links with Other Countries: ...
(e) Higher Earnings of the Factors of Production: ...
(f) Benefits to Consumers: ...
(g) Higher Efficiency and Optimum Utilisation of Resources:
explain the factors affecting fixed capital and working capital
Answer:
The affecting factors of the given context are defined below in the explanation section.
Explanation:
Factors affecting fixed capital:
Capital expenditure of alternative investments is longer and therefore is considered fixed capital. That capital would be largely funded thru all the lengthy period financing sources, including certain equity, retained earnings, bonds, loan repayments, and so much more.Factors affecting working capital:
Costs of production, staffing costs, and operating costs also impact working capital. These fees are based on either the manufacturing techniques and equipment throughout the warehouse, this same competence of the employees, respectively.what is a customer retention?
Answer:
Customer retention refers to a company's ability to turn customers into repeat buyers and prevent them from switching to a competitor. As a performance metric, it indicates whether your product and the quality of your service please your existing customers.
Explanation:
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There are __ in every economy that are used to produce the goods and services that people want and need
-limited resources
-unlimited resources
-unlimited wants and needs
Answer:
There are Limited resources in every economy that are used to produce the goods and services that people want and need.
Explanation:
Edge 2021-2022
Adidea Corp. Estimates that $5,670 of its accounts receivables are uncollectible. How will the company record the transaction? The company will record the uncollectible $5,670 of its accounts receivable as a debit to uncollectible accounts expense and a credit to the account.
Answer and Explanation:
The journal entry to record the given transaction as follows:
Uncollectible account expense or bad debt Dr $5,670
To Account receivable $5,670
(being uncollectible account expense is recorded)
Here the expense is debited as it increased the expenses and credited the account receivable as it decreased the asset
1 Carlos owns a private limited company called BettaBakers Limited. It produces
a variety of cakes which are sold in local shops. The method of production
used by BettaBakers is batch production. Carlos says 'I have been told that lean
production techniques in the bakery would help me to increase profits'.
a) What is meant by 'lean production'?
b) Identify two ways lean production might be achieved.
c) Identify and explain two ways, other than lean production, Carlos could
use to increase productivity.
d) Identify and explain two advantages to Carlos of using batch production.
e) Do you think Carlos should change his production methods to flow
production in the bakery? Justify your answer.
Answer:
Explanation:
A) Lean production basically focuses on using all of the waste that a company produces in all of its processes so that no actual resources are left unused.
B) In this scenario, this can be achieved by using all of the excess baking mixtures and combining them into extra products as well as recycling used containers.
C) Carlos could either lower costs by using cheaper materials or hire more employees.
D) Batch production allows Carlos to produce large quantities of his products at a much faster and therefore more efficient pace. This also increases profits as they have more supply to match the demand.
E) This depends on whether or not Carlos has sufficient demand for his products. Otherwise, he would waste large amounts of money on implementing a flow production method and then not have enough demand to sell all of his products, which will therefore cost him even more money in losses.
2. A business installs a free chilled water drinking machine
for staff. This is an example of: (1)
A
B
С
D
a non-financial method of motivation
a promotional method
an improvement to customer service
organic growth
Which of the following should show a profit in order for a financial institution to give a the company a loan
a) income statement
b) rent expense
c) accelerated depreciation
d) accounts receivable
Answer:
A I think not really sure hope this helps you
Explain how short-term profitability affects pricing.
3. Considered the back office", Involves behind the scenes paperwork
required to complete all transactions. Found in both the service and the
manufacturing sector *
Answer:
The back office is the portion of a company made up of administration and support personnel, who are not client-facing. Back-office functions include settlements, clearances, record maintenance, regulatory compliance, accounting, and IT services.
Explanation:
QUESTION 3 / 10 What is the first step you should take when you want to open a savings account? A. Review the different savings account options that your bank offers. B. Make your initial deposit. C. Go to the bank and fill out an application. D. Present your photo ID to the bank representative.
Answer:
A. Review the different savings account options that your bank offers.
Which are ways that the economy is affected when the unemployment rate goes up? Select all that apply.
A. Fewer people pay income taxes.
B. Sales tax rates go down.
C. Many people refinance their houses.
D. Less money is spent on investments.
E. People spend more money on larger items.
Answer:
A. fewer people pay income tax
b. sales tax rates go down
c. many people refinance their houses
Explanation:
Answer:
D
Explanation:
Less money is spent in investments
What is a similarity between a term life insurance policy and a whole life insurance policy?
OA
OB
Both provide coverage for the policyholder's medical and outpatient surgery costs
Both can be held by the policyholder for a minimum of 5 years and a maximum of 25 years,
Both include a cash value component that the policyholder can receive at the end of the policys term,
Both provide financial compensation to the beneficiaries upon the policyholder's death,
Ос. .
OD
A similarity between a term life insurance policy and a whole life insurance policy is that both provide financial compensation to the beneficiaries upon the policyholder's death. The correct option is d.
Term and whole life insurance are two of the most frequent types of life insurance. Whole life insurance is a type of permanent life insurance that lasts as long as you live (provided you pay your premiums). It also includes a cash value account, which is a form of savings account that grows tax-free over time and can be withdrawn or borrowed from while you are living. Term life insurance, on the other hand, is only valid for a set number of years (the term) and has no monetary value.
Term insurance only protects you for a set number of years, whereas whole life insurance protects you for the rest of your life—if you can keep up with the premium payments. Whole life insurance rates might be five to fifteen times higher.
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True or False: Strip malls are usually climate controlled.
Answer: false
Explanation:
That’s the correct answer
The Strip malls are usually not the climate controlled, as it is the cause of the global warming.
What is the strip mall?Strip mall is also called the strip center or strip plaza. This type of mall is basically the common shopping center in North America. In which the stores are arranged in a well-defined row, consisting of the sidewalk in their front.
It is not the climate controlled because these malls contribute to the global warming indirectly pollute the environment, as the energy generators causes the green house gases.
Therefore, the given statement is false.
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1. The person who operates a business
under the name of the owner.
Answer:
Franchise
Explanation:
A franchise is someone who uses the name, logo and design of an existing company. I think it's the same thing
what are some economic concerns that may need to be addressed in the future?
Caitlyn has worked in HR for Clearwater Electronics for more than 20 years. She has found that many employees are now more concerned with working in an environment where they can grow personally than with their level of compensation. How can Caitlyn and the HR department best provide opportunities for their employees to grow?
Answer:
A) HR can provide training and development activities to help employees improve.
Explanation:
In a work environment where employees prioritize personal growth, it is necessary for the human resources department to implement training and development strategies for employees.
The focus on training and organizational development allows companies to develop diagnoses, discover the potential of employees, correct errors, reorganize the work according to the potential of each employee, etc., which makes the work more satisfying, more productive because it motivates and increase employee satisfaction, in addition to being essential for the development of creativity, innovation and differentiated skills.
The best way that Caitlyn and the HR can best provide opportunities for their employees to grow is through the provision of training and development activities to help employees improve.
This question obviously tells us that the employees are less concerned about the pay they receive compared to the growth that they can attain personally.
A way that would help them to attain the growth in their job is through trainings and other development activities.
These would help them to learn new skills and also get better at their jobs.
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The stage in which the sales of a service start to lesson is called the
Answer: decline stage
Explanation:
When the price of good A is $50, the quantity demanded of good A is 500 units. When the price of good A rises to $70, the quantity demanded of good A falls to 400 units. Using the midpoint method, O 1. the price elasticity of demand for good A is 0.67, and an increase in price will result in an increase in total revenue for good A O2 the price elasticity of demand for good A is 1.50, and an increase in price will result in a decrease in total revenue for good A. O 3. the price elasticity of demand for good A is 1.50, and an increase in price will result in an increase in total revenue for good A O 4 the price elasticity of demand for good A is 0.67, and an increase in price will result in a decrease in total revenue for good A
Answer: The price elasticity of demand for good A is 0.67, and an increase in price will result in a increase in total revenue for good A
Explanation:
The following can be deduced form the question:
P1 = $50
P2 = $70
Q1 = 500 units
Q2 = 400 units
Percentage change in quantity = [Q2 - Q1 / (Q2 + Q1) ÷ 2 ] × 100
Percentage change in price = [P2 - P1 / (P2 + P1) ÷ 2 ] × 100
% change in quantity = (400 - 500)/(400 + 500)/2 × 100
= -100/450 × 100
= -22.22%
% change on price = (70 - 50)/(70 + 50)/2 × 100
= 20/60 × 100
= 33
Price elasticity of demand = % change in quantity / % change on price
= -22.22 / 33
= -0.67
This means that a 1% change in price will lead to a 0.67% change in quantity demanded. As there was a price change, there'll be a little change in quantity demanded because demand is inelastic. Thereby, he increase in price will lead to an increase in the total revenue.
Therefore, the price elasticity of demand for good A is 0.67, and an increase in price will result in an increase in total revenue for good A
which manager designs the product in a business
Answer:
Product Design Management (PDM)Explanation:
Product Design Management (PDM) is one of the most important elements in the successful business of designing innovative products for production.Metro Event Planning Services collects fees from its customers in advance. On January 1, 2019, the balance of its Unearned Revenue account was $ 6,000 (CR). During January and February, the company collected $ 2,000 and $600 as advance fees. During the twominusmonth period, it performed services of $ 5,500 related to the deferred revenue. What is the balance in Unearned Revenue at the end of February?
a. debit balance of $3000
b. debit balance of $200
c. credit balance of $200
d. credit balance of $3000
Answer:
d. credit balance of $3000
Explanation:
Unearned Revenue is a liability and hence a Credit Balance Account. Unearned Revenue occurs when a firm receives cash for services not yet performed. As the service is performed, the account will be reduced to the extent of those services performed as shown below :
Unearned Revenue Account
Beginning Balance $6,000
Add Collected in advance during the year (2,000 + 600) $2,600
Less Services Performed ($5,000)
Ending Balance $3,100
Conclusion :
This is closest to d. credit balance of $3000
Why do you think it is better for the industry to advertise its product through magazine than newspapers.Give two reasons
Answer:
Magazines are more specifically targeting, offer higher scope of sale conversion.
Explanation:
Advertisement is done to persuade people for buying goods & services. It can be of various forms, eg - magazines & newspapers.
Magazines are better than newspapers, as -
Magazines are read by people specifically interested in the particular niche, so they are more likely to be prospective buyers of the product. Newspapers are comparatively less targeted form of advertisement, as they advertise to all the people, irrespective of their scope of interest in the good or service. Magazines are relatively more targeted in this case.Explain three features of a bank current account (chequebook account).
Answer:
1). cheque is an instrument in writing
2). Cheque contains an unconditional order
3). Cheque is drawn by costumers on his/ her bank
4) Cheque must be signed by costumers who have account
Which step of the legislative process is missing?
with answers in screenshot
As a future entrepreneur, Brooke considered a variety of financing sources. Her discussions with a venture capitalist revealed that this type of investor expects to receive a large ownership interest in her firm.
Answer:
Equity Capital
Explanation:
Equity Capital provides the largest source of finance for most businesses. However the downside of this source of finance is that investors require an ownership in the firm being invested. Therefore, Brooke is dealing with Equity Capital.
Please help ASAP !!!!
I need an appropriate definition for:
1) Lean production
2) Operation management
Choosing to go to college over getting a job right out of high school is an example of a(n)___.
fixed cost
opportunity cost
Ο Ο Ο
variable cost
O none of the above
Budgeting helps consumers reach their financial goals by helping them do which of the following?
A. Find the lowest prices for goods and services
B. Conserve on searce natural resources
C. Keep their expenses below their income
D. Weigh the information needed to make rational decisions
Answer:
C. Keep their expenses below their income
Explanation:
