1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gemiola [76]
3 years ago
12

as a young entrepreneur, how can you show the responsible ways of purchasing activities on any possible situations you may consi

der?
Business
1 answer:
Helen [10]3 years ago
4 0

Answer:

There are several ways in which a young entrepreneur can carry out purchasing activities responsibly, including:

1. Measured production of inventory or units of products- If an entrepreneur is producing bicycles for instance, (s)he should only spend on inventory that (s)he anticipates will be sold to customers or purchased by retailers. For example, let's assume that the entrepreneur has a purchase order from a retailer such as K-Mart for 500 bicycles. In this case the entrepreneur should only produce around 550 bicycles rather than 700 or 1000 bikes, thus, purchasing supplies and producing inventory in accordance with demand for his/ her bicycles.

2. Lowering costs of production where possible- Firstly, this can be done by purchasing supplies and materials for inventory in bulk. Secondly, the entrepreneur could outsource the manufacturing of his/her product to countries (such as China) where production costs are significantly cheaper.

You might be interested in
Tammy, a resident of Virginia, is considering purchasing a North Carolina bond that yields 4.6% before tax. She is in the 35% Fe
Agata [3.3K]
I think it would be 4.5 percent
7 0
3 years ago
1. The Department of Justice filed a lawsuit against Microsoft claiming it was engaging in unfair practices by​ ____________.
Oksi-84 [34.3K]

Answer:

1. B. monopolizing the market by bundling its operating system with its Internet Explorer browser.

2. A. network externalities.

Explanation:

Lawsuit was filled againts Microsoft claiming that it was engaging in unfair trade practices by (B) monopolizing the market bu bundling its operating system with its internet explorer browser.

They argue that modern software can gain monopoly status and establish a barrier to entry through (A) network externalities.

5 0
4 years ago
In the Keynesian-cross model with a given MPC >0, the government-expenditure multiplier ______ the tax multiplier.
Slav-nsk [51]

Answer:

the government-expenditure multiplier _Is larger than_ the tax multiplier.

Is larger than

Explanation:

Keynesian Cross Model otherwise known as expenditure-output model is used to determine the point where total or aggregate expenditures in the economy are intercept the amount of output produced, i.e equilibrium level of real GDP. In economy, if MPC >0, the government-expenditure multiplier is larger than the tax multiplier.

5 0
4 years ago
Which of the following serves as an incentive for entrepreneurs in a market economy?
hram777 [196]

Answer:

<em>Entrepreneurs are people who take the risks of organizing productive resources to make goods and services. Profit is an important incentive that leads entrepreneurs to accept the risks of business failure.</em>

7 0
3 years ago
A company issued a short-term note payable to a bank with a stated 12 percent rate of interest . The bank charged a .5% loan ori
Mandarinka [93]

Answer:

17%

Explanation:

If a company issued a short-term note payable to a bank with a stated 12 percent rate of interest and in addition the bank charged a .5% loan origination fee and remitted the balance to the company. The effective interest rate paid by the company in this transaction would be 17%

The effective annual interest rate is <u>the interest rate that is actually earned or paid on an investment, loan</u> or other financial product.

Hence, since the company is both paying the initial 5% and the later 12%, effectively the company is paying 17% on the note payable.

8 0
3 years ago
Read 2 more answers
Other questions:
  • 1. The investment you make into a start=up company is also known as ____ .
    7·1 answer
  • A coupon for $1 off the next purchase of a pizza is an example of which kind of incentive? gift with purchase loyalty program mo
    14·1 answer
  • Ralph Waters owns forested land. The Department of the Interior has declared that a small fruitfly on his property is an endange
    8·1 answer
  • Through what process can special interest groups and businesses influence the government?​
    8·1 answer
  • Gavin is creating a Google Display Ads campaign designed to drive sales on his website. He wants to reach potential customers wh
    5·1 answer
  • Third Parties In General (not Just With Health Care) Are Inefficient Because
    6·1 answer
  • Broker A is involved in an exclusive right to sell listing with his seller client, Seller S. After receiving the property condit
    5·1 answer
  • One project has three cash flows: att0, the initial investment cost is $150; att1, theproject pays $121; att2, the project needs
    8·1 answer
  • Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Liabilities of $25.521 million Cash of $2.010 millio
    8·1 answer
  • Nedra uses her debit card on a daily basis. The last time she used it was the evening before at a restaurant. This morning, she
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!