There are many risks that businesses face, including:
- Competition risk - there could be another business that draws customers away from your company.
- Economic risk- if the economy is doing poorly, it could increase costs or reduce sales
- Reputation - if someone posts a bad review online, how will that effect your sales?
- Legal/Compliance issues- you have to comply with industry regulations and laws, and there is great risk to you and the business if you break these rules
- Resources risk - if you rely on a specific material to run your business and that material isn't available you could be in trouble (ex. if the orange crop is wiped out by a hurricane, orange juice makers could be in trouble)
Answer:
$2,400 in 2019 are deductible as alimony.
Step-by-step explanation:
Hillary get divorced in the year = 2016
She has to pay her ex-spouse $200 per month until her son reaches 18 years of age in 7 years.
His son will reach of the age of 18 = 2016 + 7 = 2023
She has to pay $200 till 2023 and $120 thereafter.
Her payments are deductible as alimony in 2019 would be = $200 × 12
= $2,400
$2,400 in 2019 are deductible as alimony.
Explanation:
For international businesses to settle in a specific location and achieve success in the market, a market segmentation survey must be carried out. This research is essential to discover relevant characteristics about the community of a country or city for example, it is important that the company knows the population that lives in the place where it wants to carry out its activities, therefore, to know characteristics such as age group, tastes, culture, monthly income, etc. is so important for a company, be it a franchise, management contracts or electronic businesses, to be able to align its strategy and action plans in order to conquer the market of a region.
It is important that companies are aware of the peculiar characteristics of a community, in order to adapt to their tastes, customs and values, so that their business is well positioned and meets the desires and needs of a community.
In addition to paying attention to local customs and culture, international companies guarantee jobs for the local community, convenience and must take advantage of the advantages that a local offers, such as cheaper labor, government incentives, potential markets, and develop plans to reduce disadvantages, which can be the disqualified labor and the lack of interest and identification for your product or service.
Answer:
Businesses in free enterprise systems compete with each other to produce better products at better prices. Competition leads to innovation, new ideas and a more competitive market. Competiting allows businesses to control themselves and their ideas in an <em>efficent manner. </em>
<em>However, competition in the free enterprise systmem leads to lower wages and income.</em> It leads to the best product at the lowest price. It leads to a variety of products available to the consumer.
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Answer:
Ruth keeps account of her family's expenses. She keeps track of the entire family's needs and discusses with other family members about what products need to be bought. She realizes that the family requires a bigger refrigerator and discusses this with her parents. She collects information about refrigerators from various brands so that her parents can make an informed decision.
Purchaser
Explanation:
Her parents does the purchase so she needs to inform them about the latest to be bought.
