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konstantin123 [22]
3 years ago
13

what is the key incentive that drives business owners to make sure their firms are operating at their highest level of efficienc

y?​
Business
2 answers:
Olegator [25]3 years ago
6 0

Answer:

The reason would be profit.

Explanation:

The main incentive that leads entrepreneurs to ensure that their companies operate with the highest level of efficiency is profit. This is because when a company offers a product and / or provides a service efficiently, customers are more satisfied and can turn to that company more often, in addition to referring them to acquaintances, causing the number of customers of that company to increase. All customers will pay for the product and the service, this will make the company generate an increasing profit that will allow the company to grow more and more.

Kitty [74]3 years ago
5 0

profit motive - improve material well being

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During the _____ age, manufacturers were principally concerned with production, and the primary burden of marketing fell on the
Sindrei [870]

Answer:

industrialization age

Explanation:

Industrialization age -

It refers to the time period which encircles , the alterations in the social and economic organization.

This very time period begins around 1760 , firstly in the Great Britain and then to other countries .

During this age ,

The main concern  of the manufacturer's is the production and therefore, the burden of the marketing goes to the wholesale people .

Hence , from the question,

The correct term is industrialization age .

6 0
3 years ago
A sample of 51 observations will be taken from an infinite population. The population proportion equals 0.85. The probability th
3241004551 [841]

Answer:

c. 0.0819

Explanation:

The mean = 0.85

standard error of the proportion is:     sp = sqrt(pq/n)

= sqrt ((.85)(0.15) / 51) = 0.05

P(0.9115 < X < 0.946) = P( (0.9115 - 0.85) / 0.05 < z < (0.946 - 0.85) / 0.05 )

= P(1.23 < z < 1.92)

= P(z < 1.92) - P(z < 1.23) = 0.0819

8 0
2 years ago
Performance Gloves, Inc. produces three sizes of sports gloves: small, medium and large.
lapo4ka [179]

Answer:

A.Pattern Department 57 per DLH

Cut and Sew Department 78 per DLH

B.Small glove 8.52

Medium glove 10.65

Large glove 12.78

Explanation:

a) Calculation to Determine the two production department factory overhead rates.

Pattern Department = 165,200/2,900

= 56.9 Approximately 57 per DLH

Cut and Sew Department = 273,000/3,500

= 78 per DLH

Therefore two production department factory overhead rates will be :

Pattern Department 57 per DLH

Cut and Sew Department 78 per DLH

b) Calculation of the factory overhead cost per unit

Small glove (57*.04+78*.08)=8.52

Medium glove (57*.05+78*.10)=10.65

Large glove (57*.06+78*.12)=12.78

Therefore the factory overhead per unit for each product will be: Small glove 8.52

Medium glove 10.65

Large glove 12.78

7 0
3 years ago
What makes your marketing more potent, allowing you to run an ad three times instead of nine, to get the same effect?
Alex
I think it’s Branding
4 0
3 years ago
Read 2 more answers
What does non current assets mean
coldgirl [10]

Answer:

  assets whose value is not realized in the current year

Explanation:

A <em>noncurrent asset</em> is generally a long-term investment whose value will not be fully realized in the current accounting year. The cost of the asset is allocated over the period the asset is in use, rather than being expensed in the year it is acquired.

6 0
2 years ago
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