Successful characteristics of budgets include: well planned, realistic, spending habits, methods to keep track of spending and how to manage for variable expenses. To Make sure that the budget is successful and will work for you and your family, it is important to write everything out and see what is realistic and what is not. If you set a grocery budget of $400 a month and you know you can not stay under that, there needs to be wiggle room for changes to be made to the budget. Realistic and well planned budgets are the only way to make it work and to stay true to the budget.
Answer:
The correct answer is c. A firm considers overhead or depreciation costs to make short-run decisions
Explanation:
As Professor Adam Grant suggests, sunk costs have an important effect on our decisions, but there are three factors that influence us even more: anticipated regret ("will I regret it if I don't give the project another chance?"), project completion ("if I continue to invest, I will finish the project successfully") and the threat of ego ("if I do not continue betting on the project, I will seem a failure"
A good option is to prevent these three factors from occurring and constantly ask for feedback from those around us (collaborators, partners, friends). If we ignore the opinions that go against what we think, we will be putting the project at risk without realizing it. On the contrary, those who do not mind "swallowing pride" in the short term will make better decisions in the long term. On the other hand, separating the project from the person, the entrepreneurial venture, will help us not to take the recommendations of our environment personally and to react much more quickly and quickly.
Answer:
The correct answer is a. has no incentive to hold costs down.
Explanation:
Given that in the natural monopoly there is no competition for the characteristic that we have as a company to offer our products at a lower price and with highly competitive quality, then the direct question of pricing will not have really in-depth studies that take into account the competitors' behavior in order to establish direct incentives. Its fixing method is basic and strictly depends on internal issues such as the expected profitability margin, supply, demand and production process.
In the first blank, the word that comes is "exchange rate".
<span>An exchange rate reflects the amount of one currency required to purchase one unit of another currency.
In the second blank, the word that comes is "rate".
</span><span>to put it simply, it is the rate of foreign currency.
Third blank fills with "floating rates".
</span><span>This rate is set by floating rates in foreign exchange markets.</span>
<span>
In the fourth blank, the answer is "</span>appreciates".<span>
</span>when a currency becomes more valuable in the market, this is called "appreciates".
In the last blank, the answer is "<span>depreciates".
</span><span>when a currency becomes less valuable, this is called "depreciates".</span>
Answer:
a) 10
Explanation:
Calculation to determine Approximately how many salespeople does Splash World need to service 1000 accounts
First step is to determine the selling time
Using this formula
Selling time=Number of customers *Sales calls per year*Hours per sales call
Let plug in the formula
Selling time=1000 * 5 *2 hours
Selling time= 10,000 hours
Second step is to determine the number of hours they used to sell
Hours to sell= (40 hours per wweek* 50 weeks)*1/2
Hours to sell = 2000 hours per year*1/2
Hours to sell= 1000 hours per year.
Now let determine how many salespeople does Splash World need to service 1000 accounts
Number of salespeople=10,000 hours /1000 hours per year
Number of salespeople=10
Therefore Approximately how many salespeople does Splash World need to service 1000 accounts will be 10 salespeople
