Every individual or business wants to make profit this is done by providing goods and services that satisfy people's needs and wants.
<h3>What is a business?</h3>
A business is an organization that aims at making a profit by providing goods and services that are desired by individuals also known as customers.
Business meets a need and gets profit in return.
Therefore, A Business is defined as trying to earn a profit by providing goods and services that satisfy people's needs and wants.
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Answer:
- I think Ben should encourage the Senior Management to call a multidisciplynary meeting and do some research.
Explanation:
<em>I think Ben is right</em>. Even though the statement is technically correct, it may mislead customers.
Customers may interpret the phrase "<em>no sugar added</em>" as if the product did not contain any sugar.
Thus, customers interested in drinking beverages without sugar at all might think they are "safe" consuming the smoothie beverage, when in reallity each <em>smoothie's bottle contains sugar 35 g of naturally occurring sugars from the fruit.</em>
Customers deserve to be certain on what they are buying, thus the labels must be a sincere help for them, and not ambiguos at all.
This is a "gray zone" and an example of what in ethics is called a dilema.
I think the decision should be shared by a wider team and based on some research.
I think Ben should encourage the Senior Management to call a multidisciplynary meeting, where the subject is widely discussed. Also, I would suggest Ben to do some research, look for precedents about labeling in the industry, and try to learn the opinion of the FDA about this sensitive matter.
Answer: Option B and C
Explanation: In simple words, oligopoly refers to the market structure in which there are few firms operating at a huge level and selling products that are close but not absolute substitutes of each other.
The high level of investment and too much of legal formalities makes it difficult to entry in such industries. Firms in such industries produce identical goods thus they do not compete in the amaretto with respect to price.
the firms operate their market on the basis of non price factors such as advertisements but still are mutually interdependent on each other as a minor decrease in price of other can deregulate the demand in the whole industry. Automobile sector is one the primary examples of oligopoly.
Answer:
The answer is
2 January
Dr: Equipment $48,750
Cr: ordinary shares $20,000
Cr: Paid in capital in excess
of par - ordinary shares $28,750
Explanation:
Cost of the equipment is:
5,000 shares x $9.75 per share
=$48,750.
Common stock (equity) is:
5,000 shares x $4.00 face value
=$20,000
Paid in capital in far more than par - ordinary shares is:
$48,750 - $20,000
=$28,750
2 January
Dr: Equipment $48,750
Cr: ordinary shares $20,000
Cr: Paid in capital in excess
of par - ordinary shares $28,750
Answer: c. Offer faster refunds than paper returns.
Explanation:
The IRS has stated that people who submit their tax returns electronically or use the Direct debit facility will see their refunds faster than those using paper returns.
This has been most recently blamed on the current pandemic which has forced the IRS to reduce its staff in adherence with Corona virus prevention tips. As a result, the available staff cannot process the paper returns as fast.
It is therefore better to use the electronic or the Direct debit facilities if one wants their returns processed fast and their refunds released earlier.
