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Ostrovityanka [42]
3 years ago
6

Jamie’s Bakery, a small chain of eight bakeries in Altamonte Springs, Florida has recorded sales growth of 30 percent or more pe

r year ever since it was started in 2010, and in 2017 had revenues of $229,000. Jamie’s Bakery is an _____.
Business
1 answer:
pantera1 [17]3 years ago
6 0
<h3>Answer:</h3>

Gazelle

<h3>Explanation:</h3>
  • Jamie's Bakery has recorded a growth of 30% and above from 2010 to 2017 with revenues of $229,000.
  • This makes Jamie's bakery a gazelle company or business due to the growth of 30% in sales per year for a period of more than four years since it was started in 2010.
  • Gazelle ventures or business are fast growing and expands at a high rate and thus important to an economy.
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The process in which entrepreneurs test their business models on a small scale before committing serious resources to launch a b
Artist 52 [7]

Answer: Business Prototyping

Explanation:

The business prototyping is one of the concept that helps in understanding all the industrial standard procedural by applying the similar type of method and ideas in the business organization.

In the inventing process it is essential for creating the business prototyping process based on the specific vision.

According to the given question, the business prototyping is used by the entrepreneurs for the purpose of testing the business model before their launch on very small scale.

 Therefore, Business prototyping is the correct answer.  

8 0
3 years ago
What should the firm do if there is no possible output where the price would at least be equal to average variable costs
garri49 [273]

Answer:

Since the average variable cost curve lies below the average total cost curve, this implies that the average variable cost is the lowest price at which the producer can sell.

If there is no possible output where the price would be at least equal to the average variable costs, the firm should cease production, because it is not going to recover its costs, not to talk about making a profit.

Explanation:

A firm's average variable cost is the total variable cost divided by the total output.  For example, if the total variable cost for a particular product is $4,500 with a total output of 450 units, then the average variable cost is $10 ($4,500/450).

3 0
3 years ago
Unions contribute to a. cyclical unemployment. b. frictional unemployment. c. structural unemployment. d. seasonal unemployment.
sveticcg [70]

Answer:

The correct answer is d. c. structural unemployment.

Explanation:

Structural unemployment is due to the fact that the number of existing jobs is insufficient to give employment to everyone who wants a worker (active population).

When a union raises wages above the equilibrium level, it increases the supply of employment and reduces demand. This generates unemployment.

• Internal workers benefit from  high salaries earned in negotiation  collective

• External workers have difficulties in  find a job or have to accept a job in a non-union company.

4 0
3 years ago
Mayan Company had net income of $32,500. The weighted-average common shares outstanding were 10,000. The company has no preferre
madreJ [45]

Answer:

The company's earnings per share is $3.25.

Explanation:

Earnings per share (EPS) refers to a financial metric that shows an indication of the amount of money that is made a company for each share of its stock.

The earnings per share of Mayan Company can be calculated using the formula for calculating earnings per share as follows:

Earnings per share = Net income /  Weighted-average common shares outstanding ..................... (1)

Where;

Net income = $32,500

Weighted-average common shares outstanding = 10,000

Substituting the values into equation (1), we have:

Earnings per share = $32,500 / 10,000

Earnings per share = $3.25

Therefore, the company's earnings per share is $3.25.

6 0
3 years ago
Bonds that are backed solely by the general credit of the corporation issuing them are called _______ bonds.
babymother [125]
Unsecured bonds, these bonds are also called debenture bonds.
I hope this helps.
3 0
3 years ago
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