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
Marta_Voda [28]
2 years ago
15

Lila and Jillian both own small businesses in the town where they live. The women are friends and often get together to discuss

their businesses, both the struggles and successes. Evaluate some of the differences that Lila and Jillian may discuss if one of their businesses is product-based and the other is service-based.
Business
1 answer:
dsp732 years ago
3 0

The differences between Lila and Jillian's businesses are based on what they offer to the public, since one offers products and the other offers services, which makes their businesses different.

<h3>What is a product-based business?</h3>

A product-based business is a type of business in which the main purpose is to offer a specific product to the public, for example:

  • Beauty products.
  • Sport products.
  • School products.
  • Construction products.

<h3>What is a service-based business?</h3>

A service-based business is a type of business in which the main purpose is to offer a specific service to the public, for example:

  • Satellite television service.
  • Legal advice service.
  • Sports training service.
  • Nutrition service.

Based on the above, it can be inferred that the discussions between Lila and Jillian can include very varied topics because their businesses are different because they involve different value chains.

Learn more about business in: brainly.com/question/15826604

#SPJ1

You might be interested in
A company's 2013 year-end balance sheet included the following: Jan. 1 Dec. 31 Accounts Receivable $80,000 $100,000Inventory $60
denis-greek [22]

Answer:

B. $170,000.

Explanation:

X company

statement of cash flow

For the year ended

Net income (balancing) (Note - 1)                                   $170,000

Cash flow from operating activities                      

Depreciation expense                                   $25,000

Increase in account receivable                     $(20,000)

Increase in inventory                                     $(10,000)

decrease in Prepaid Expenses                     $25,000

Decrease in Accounts Payable                     $(20,000)

Increase in Deferred Revenue                      $30,000

<u>Cash flow                                                                                $30,000</u>

Net cash flow from operating activities                              $200,000

Note 1:

Net cash flow from operating activities - Total changes in working capital=                        $200,000-$30,000 = $170,000.

3 0
3 years ago
Suppose investor 1 and investor 2 each has $100 wealth to invest in the two risky assets and the risk-free asset, and suppose th
Lilit [14]

Answer:

Explanation: hey, do your best i think you can do good

5 0
2 years ago
A group of 26 different families have shared ownership of a vacation condominium. Each family spends two weeks annually at the c
aalyn [17]

Answer:

Timeshare properties

Explanation:

Numerous individuals or families own a timeshare property.  Each owner is allocated a specified duration of time to stay in the property. Timeshare properties are common in the tourism sector and are located near popular vacation destinations.

The most common forms of timeshare properties are vacation resorts, condominiums, apartments, and campgrounds.

6 0
2 years ago
Suppliers can contribute ideas for product improvement or increased development efficiency.
Alchen [17]
Hello,

Here is your answer:

The proper answer to this question will be option B "false". Thats because suppliers are the people that are paid to deliver the goods (or products) to a business. He or she has no input about how to run the business!

Your answer is B.

If you need anymore help feel free to ask me!

Hope this helps!
3 0
3 years ago
Suppose the current issue of The New York Times reports an outbreak of mad cow disease in Nebraska, as well as the discovery of
Svetach [21]

Answer:

Price and quantity of chickens sold will increase.

Explanation:

Due to the prevalence of the mad cow disease, demand for cow meat will go down. Since chicken is a substitute for cow meat and there is a breed that grows twice as much with the same feeds, the demand for chicken will rise.

In economics when other factors apart from price changes it results in demand shift. In this instance demand will shift to the right.

As illustrated in the attached diagram, there will be higher quantity demanded at higher prices than before.

4 0
3 years ago
Other questions:
  • Global industries (GI) is planning to use some existing equipment from its own facilities in a foreign project. The used equipme
    10·1 answer
  • Which one of the following statements concerning interest rates is correct?
    12·1 answer
  • Why do interest inventories compare your interests with the interests of others?
    8·2 answers
  • Which of the following statements is most correct? a. All else equal, if a bond’s yield to maturity increases, its price will fa
    8·1 answer
  • Being Human, Inc., recently issued new securities to finance a new TV show. The project cost $14.1 million, and the company paid
    12·1 answer
  • During the month of February, Smiling Moon Inc. had cash receipts of $10,000 and cash disbursements of $7,700. The February 28 c
    7·1 answer
  • Assume that new technology develops a substitute for DVDs. How will the price elasticity of demand for DVDs be impacted?
    11·1 answer
  • Nation Furniture is a furniture manufacturing facility. Its workers just signed a two-year contract. The price level in the econ
    6·1 answer
  • What is the underlying premise of the resource-based view? Group of answer choices Firms generally have very similar capabilitie
    12·1 answer
  • A system that collects and stores the company's key data and produces the information needed by managers for analysis, control,
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!