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ladessa [460]
2 years ago
6

What are the three elements of business equipment and resource?​

Business
1 answer:
just olya [345]2 years ago
5 0

Explanation:

No matter how bold or ambitious your plans are to grow your business, the key to your business's success lies in three critical, interdependent components: operational excellence, customer relations/communications and financial management.

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Because resources are scarce, if society produces more of one commodity, it has to sacrifice some amount of another commodity. T
ycow [4]

Answer:

C.  the opportunity cost

Explanation:

The opportunity cost -

It refers to the amount of benefit received by the business , investors or an individual , during the process of selecting any alternative , is referred to as the opportunity cost .

These cost can be ignored very easily , in case not seen properly .

The opportunity cost can very well be used to any important and educational decisions for the betterment of the company or firm.

Hence , from the given information of the question,

The correct option is C.  the opportunity cost .

8 0
3 years ago
Read 2 more answers
When Fisher-Price comes up with an idea for a new toy, it needs to ensure that the children who play with the toy will not choke
Dmitriy789 [7]

Answer:

The correct answer is Product Development Stage.

Explanation:

If any of the changes are required to be incorporated in a design, the best point of attempting these changes is in the product design phase such that the considerations are included from the initial stage and the design effort is not wasted.

6 0
3 years ago
The legal definition of "small business" varies by country and by industry. In the United States, the Small Business Administrat
tamaranim1 [39]

Answer:

Leasing as a capital financing is an alternative for small business for three important reasons: better technology, better capital management and tax incentives.

Explanation:

1. Better technology for the business.

Instead of buying the equipment, a lease is a better option because allows the organization to use cutting edge technology for the operation of a business.

2. Better capital management.

Buying machinery is a capital-intensive activity. Leasing let use the same machinery by less amounts of money and invest capital in other useful activities for the organization.

3. Tax benefits

Leasing is  tax deductible. Reducing the fiscal pressure over the small business.

6 0
3 years ago
The accounting records for Eisner Manufacturing Company included the following cost information relating to its first year of op
Lorico [155]

Answer:

Option (d) : $24.8 and $15.7

Explanation:

As per the data given in the question,

Number of units produced = 10,000

Number of units sold = 6,000

Cost per unit = Amount/ 10,000

                                                               Absorption            Variable  

Direct material                                                $5.2                 $5.2

Direct Labor                                                    $8                     $8

Variable manufacturing overhead                  $2.5                  $2.5

Fixed manufacturing overhead                       $9.1                  $9.1

Unit product cost                                           $24.8                $15.7

4 0
2 years ago
Personal selling requires the ________ flow of communication between a buyer and a seller, often in a face-to-face encounter, de
Free_Kalibri [48]

Answer:

Two-way flow

Explanation:

Personal selling is one of the methods used by salespeople to drive sales. It involves face-to-face interaction with customers who are persuaded to purchase the product.

This method relies heavily on effective communication mostly the two-way flow of communication.

Two-way flow of communication means that when a message is conveyed to the customer there is feedback to the salesperson. The feedback is used to decide the best course of action to be taken in order to complete the transaction

7 0
3 years ago
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