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2 years ago

A(n) blank______ model is a plan that details how a company creates, delivers, and generates revenues.

Business

1 answer:

Lelechka [254]2 years ago

6 0

A(n) blank Business model is a plan that details how a company creates, delivers, and generates revenues.

<h3>What exactly is a business model?</h3>

An organization's conceptual framework, which includes its mission, objectives, and continuing strategies for accomplishing them, is known as a business model.

A business model is essentially a specification outlining how a company achieves its goals.

<h3>A successful business model is what?</h3>

As an illustration, Clay Christensen of Harvard Company School proposes that a business model should include four components: a customer value proposition, a profit formula, essential resources, and key procedures.

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Oscar makes purchases of an existing product (X) such that the marginal utility of the last unit he consumes is 10 utils and the

sammy [17]

Answer:

INCREASE in Consumption of product Y

DECREASE in Consumption of product X

Explanation:

Based on the information given we were told that the already existing product (X) has a marginal utility of 10 utils as well as the price of the amounts of $5 while the new product (Y) has a marginal utility of 8 utils as well as the price of the amounts of $1 which means that PRODUCT Y marginal utility and price is lower than that of PRODUCT X marginal utility and price.

Therefore equal marginal principle suggests that Oscar should INCREASE his consumption of product Y and DECREASE his consumption of product X reason been that product Y has a lower marginal utility of 8 utils and the price of the amounts of $1 which means that his consumption of Product Y has to be INCREASED while product X on the other has a higher marginal utility 10 utils as well as the price of the amounts of $5 which means that his Consumption of Product X has to DECREASED.

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3 years ago

The reason many homeowners cannot sell their homes when house pricing is falling is because

lozanna [386]

It is because then people are already buying houses, and often homeowners do not get a lot of money in return.

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4 years ago

Skysong, Inc. began the year 2022 with retained earnings of $670000. During the year, the company sold additional shares of stoc

vlada-n [284]

Answer:

$787,000.

Explanation:

Skysong, Inc. generated a profit of $248,000 (633,000 - 385,000) during the year 2022. This amount has a credit balance in income statement, closing it would require a debit to it and a credit entry to match the debit is made to Retained Earnings account which is an item of Statement of Owners' Equity. Statement of Owners' Equity is a report that represents the Equity section of balance and accounts for any changes in the owners' equity during a period. The items included in this statement are Capital, Paid-up Capital, Retained Earnings, and Drawings. To calculate the ending balance of Skysong's retained earnings, we have to prepare a statement of owners' equity.

Statement of Owners' Equity

<u>Capital</u> <u>Retained Earnings</u>

Opening Balance - $670,000

Additional Stock $1,005,000

Profit for the Year 248,000

Dividends Paid (131,000)

Closing Balance $1,005,000 787,000

⇒ Skysong's retained earnings will be reported at $787,000 at the end of 2022.

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4 years ago

What are three thing an entrepreneur invest in his or her business

Snezhnost [94]

App create????? No way that’s sus!!!

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3 years ago

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Accounting profit is profit calculated using only the ________ incurred by the firm. implicit cost economic cost explicit cost a

aalyn [17]

<span>Accounting profit is profit calculated using only the explicit costs incurred by the firm. Explicit costs are all costs that are considered to be out-of-pocket costs. These costs can include materials, salaries, rent and more. Implicit costs are opportunity costs to the firm of resources that are already owned by the company such as expanding the work building on land that has already been purchased.</span>

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3 years ago