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Lisa [10]
4 years ago
12

What must profit-seeking entrepreneurs do in order to be successful?

Business
1 answer:
Nostrana [21]4 years ago
8 0
To put it simply, they have to develop a product that make people want to pay to acquire it.

Sellable product usually either :
- able to make people happy ( such as movies, music, Delicious food, etc) or
- Able to make people's life become easier ( such as Gadgets, consultation service, etc)

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Explain why it is important for Costco’s corporate accounting, marketing, and operations management business units to access and
Dafna1 [17]

Answer:

Every Business Unit in Costco needs to have access to the Data

Explanation:

Costco Wholesale Company runs a network of customers-only retail stores, doing business as Costco, an American multinational company.

The details must be available to each business unit in Costco.

For example, The accounting department needs to know the buy-and-sell information. To order to make good use of this commodity in its marketing strategy, the marketing professionals need to learn the quality of a particular product.

To insure the inventory management is completed, an operations manager must have access to the data.

8 0
3 years ago
An article in the Wall Street Journal on the housing market states that​ "Steady job​ growth, rising wages and low interest rate
tensa zangetsu [6.8K]

<u>Solution and Explanation:</u>

Since interest rate is the cost of borrowing, lower interest rate decreases the cost of borrowing for housing mortgage, which increases demand for housing.

It is very much clear from the demand and interest rate have a certain relationship. If the interest rate on a particular amount is lower then the customers will try to get more amount as the cost on such amount will be less which means the burden on the customers would be lower.

6 0
3 years ago
The government uses indexing to revise tax brackets so that workers do not pay higher taxes just because
Arturiano [62]
The answer to this statement is letter a. of individual income taxes. The government uses indexing to revise tax brackets so that workers do not pay higher taxes just because of individual income taxes. This is to ensure equality of income between workers.
3 0
3 years ago
Two types of costs that each combine fixed cost and variable cost behaviors are: a. capacity and incremental costs. b. semi-fixe
tensa zangetsu [6.8K]

Answer: Option B

Explanation: Semi variable cost or semi fixed cost are the expenses which are composed of both fixed and variable cost. In such type of costs, the nature of the cost remains fixed till a certain level of production or consumption  and becomes variable when the production level exceeds that stage.

For example :- A state charge its residents a fixed amount of electricity bill till 300 units of consumption and after 300 units the residents must pay $1 for every additional unit consumed.

7 0
4 years ago
Patagonia managers look for employees who actively participate in the sport they design products for (i.e. a surfboard shaper ha
pochemuha

Answer:

job requirements or qualifications

Explanation:

Job requirements or qualifications refers to the set of skills, abilities, work experience, educational background, hobbies, etc., that the company considers are necessary for a candidate to possess in order for him/her to successfully perform the tasks related to the job opening.

In this case, Patagonia uses personal hobbies and lifestyle as part of their requirements for applying for a job, other companies might focus more on leadership skills, education, experience, but it depends on the type of product or service that the company sells.

4 0
3 years ago
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