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1 year ago

What makes Ford a successful business?

1 answer:

6 0

The key is efficiency. Ford and his business were captains of efficiency, from mass manufacturing via the factory line to economical individual effort. Ford Motor Company produced cars swiftly assembly line.

<h3>How a business becomes successful?</h3>

The most prosperous organizations place a high priority on providing excellent customer service and a great client experience. Making goods and services that consumers demand is the first step. However, concentrating on your clients goes beyond you products.

<h3>What does a successful business look like?</h3>

Instead of focusing on earning short-term benefits, successful businesses are focused with establishing long - term profits and creating sustainable growth. By creating new goods or services that satisfy customers, successful businesses are able to effectively address the changing wants of their clients.

To know more about Successful businesses visit:

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3 0

2 years ago

During Year 6, Kincaid, Inc. earned $85,000 of cash revenue. The company incurs all operating expenses on account. The Year 6 be

igomit [66]

Answer:

a. Amount of operating expenses recognized during the accounting period = Account payable closing balance + Cash payment - Opening balance

= $25,000 + $40,000 - $2,000

= $63,000

b. Net income earned during the accounting period = Cash revenue - Amount of operating expenses recognized

= $85,000 - $63,000

= $22,000

C. Amount of cash flow from operating activities = Net income + Increase in current liability

= $22,000 + ($25,000 - $2,000)

= $45,000

6 0

3 years ago

Amy Parker, a 22-year-old and newly hired marine biologist, is quick to admit that she does not plan to keep close tabs on ho

Otrada [13]

Answer:

$1,213,657.685

Explanation:

For computation of compounded future value first we need to find out the present worth which is shown below:-

$Present\ worth = Initial\ amount\ of\ investment\times \frac{(1 - (1 + g)^n \times (1 + i)^{-n}}{i - g}$

$= \$2,250\times (\frac{(1 - (1 + 0.04)^{45}\times (1 + 0.06)^{-45}}{0.06 - 0.04})\\\\ = \$2,250 \times \frac{1-0.216245988}{0.02}$

= $88,172.32636

Now, Future value = Present worth × (1 + interest rate)^number of years

= $88,172.32636 × (1 + 6%)^45

= $1,213,657.685

Therefore we have applied the above formula to determine the future value.

4 0

3 years ago

Scenario: mario wants a job working with cars. he knows a lot about certain kinds of cars, and enjoyed his high school class on

telo118 [61]

C). <span>a two-year vocational school program in automotive repair</span>

3 0

3 years ago

Read 2 more answers

who is responsible for making sure that a business is a healthy, hazard free place to work that complies with the government reg

allochka39001 [22]

Answer:

Employer

Explanation:

According to the Occupational Safety and Health Administration, OSHA, an agency of the U.S. Department of Labor. It is the Employer's responsibility amongst others to provide a workplace free from serious recognized hazards and comply with standards, rules, and regulations issued under the OSH Act.

At the same time, they must ensure employees utilize safe tools and equipment and appropriately maintain this equipment.

Hence, it is the EMPLOYER who is responsible for making sure that a business is a healthy, hazard-free place to work that complies with the government regulations

5 0

3 years ago