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alex41 [277]
3 years ago
6

Total time it takes to complete a business process

Business
2 answers:
aliina [53]3 years ago
4 0
1-4 weeks or less to make your own business.
Eva8 [605]3 years ago
3 0
Cycle time is the total time needed to complete a business process.

Hope this helps, please mark brainliest!
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If a 1 percent decrease in price results in less than a 1 percent increase in the quantity demanded, demand is Multiple Choice c
Vlada [557]

Answer:

The correct answer is price inelastic.

Explanation:

The price elasticity of demand is the measure of the responsiveness of quantity demanded of a product to the change in its price. It is calculated as the ratio of change in quantity demanded and change in the price.

Relatively inelastic dmeand refers to the situation where a proportionate change in price causes less than proportionate change in quantity demanded.

Here, if a 1% decrease in price causes less than a 1% increase in quantity demanded then the demand is relatively inelastic.

3 0
3 years ago
Question 9 of 20
Alina [70]

Answer:

D

Explanation:

Because you still have to pay the same amount of taxes.

4 0
3 years ago
Prestige LLC, a small company that manufactures specialty cereals and energy bars, wants to launch a "green marketing" program i
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The company demonstrates that the products will benefit both customers and society in the long term to maximize the program's chances of being successful.

<h3>What is a  company?</h3>

A corporation, often known as co., is a legal entity that stands for a group of people with a certain goal who are either natural, legal, or a combination of the two. Members of the company work together for a shared cause in order to accomplish clearly stated objectives.

Another approach is to have a mission with strong core principles that everyone can support. The most prosperous businesses are aware of their strong talent and work to retain it. That entails more than just a respectable wage and a few perks. Employees must feel valued for their contributions and be able to blend in with the corporate culture.

The Four Crucial Components of a Successful Business:

  • A Special Good.
  • The ideal candidates.
  • A definite plan.
  • The ideal mindset.

To know more about Business refer to:  brainly.com/question/24448358

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6 0
2 years ago
On January 8, Lee Co. borrows $100,000 cash from National Bank by signing a 90-day, 6% interest-bearing note. On April 8, Lee Co
Mumz [18]

Answer:

Interest Expense

Explanation:

If any company takes a loan from any bank or borrow from other sources for a specific time, that company has to pay a combination of principal amount and an additional expenses during the maturity period. That extra cost is called interest expense. As Lee company borrows a loan on January 8 and will pay the loan on April 8 with an interest rate, the company has to pay an interest expense of $100,000 × 6% × (90 ÷ 360) = $1,500.

8 0
3 years ago
If washburn guitars were to lower the price of the maya pro dd75 to $2,499 from $2,699, sales of the guitar would increase 30 pe
inn [45]

The Washburn guitars reduces their price from  $2,499 to $2,699 as a result of the sales of the product drastically increased by 30%, So this represents that the <u>product has an elastic demand.</u>

<h3>What do you mean by elastic demand?</h3>

When the price of a product has a massive effect on the quantity purchased is called Elastic demand. A product is stated to have an elastic demand if sales drop sharply in reaction to a growth in price, or sales spike whilst prices are decreased.

Thus, The Washburn guitars reduces their price from  $2,499 to $2,699 as a result of the sales of the product drastically increased by 30%, So this represents that the <u>product has an elastic demand.</u>

Learn more about elastic demand:

brainly.com/question/5078326

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3 0
2 years ago
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