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Sauron [17]
3 years ago
13

(20 points)

Business
2 answers:
neonofarm [45]3 years ago
7 0

c.

d

false

d

true

true

true



valentinak56 [21]3 years ago
7 0

Answer:

1) C

2) D

3) False

4) D

5) True

6) True

7) True

Explanation:

1) The product stays in the same price range as the competition if it is not necessarily new or unique.

So, option C. is correct.

2) Option d. is correct i.e., someone needs to find a business to invest in.

3) False,  it is not easier for a brand-new business to get a loan than an existing business as a brand-new business may shut down at any time.

4) Option D.is correct as besides price, factors A, B, C are also important.

5) True, almost half the private-sector jobs in this country come from small businesses.

6) True, a small business can thrive, even in a bad economy as it does not need much investment.

7) True, the stock market represents small businesses.

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Why is training important <br>​
Ray Of Light [21]

<u>These reasons include</u>:-

  • Increased job satisfaction and morale among employees.
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  • Increased efficiencies in processes, resulting in financial gain.
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  • Increased innovation in strategies and products.
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8 0
3 years ago
Rational and Normative modes of decision making are used. Then intuition or gut feeling also play a role in this process. How do
Anna35 [415]

A manager, making decisions in real-life situations, strikes a balance between these ways to make quick but correct decisions based on systemic organizational vision and conceptual skills.

The manager's experience will help him to make decisions using rational and normative ways, and thus analyze what is the best strategy for effective decision making.

Conceptual skills refer to the manager's systemic view, which understands the organization as an integrated system and must involve a set of thoughts, processing and planning to improve the business.

Therefore, decision making must be taken in a rational and normative way according to the context of the situation that requires a decision, and it is up to the manager to use the best tool to make a decision aligned with the company's objectives and goals.

Learn more here:

brainly.com/question/4382381

5 0
3 years ago
RecRoom Equipment Company received an $13,200, six-month, 7 percent note to settle an $13,200 unpaid balance owed by a customer.
Effectus [21]

Answer:

RecRoom Equipment Company

Date                 Particulars               Debit              Credit

1Nov            Note Receivable      $ 13,200

                          Account Receivable                 $ 13,200

RecRoom Equipment Company received an $13,200, six-month, 7 percent note to settle an $13,200 unpaid balance owed by a customer.

31 December  Interest Receivable        $ 924

                              Interest Revenue                $ 924

To record the accrued interest earned. $13,200*7%= $ 924. As it is for two months the amount would be $ (924/12)*2= $ 154

1 May            Cash                    $ 13,662

                            Interest Income                           $ 462

                               Notes Receivable                  $ 13,200

  RecRoom receives the interest on the note's maturity date. RecRoom receives the principal on the note's maturity date.                                    

5 0
3 years ago
Shelly is undergoing the six-step process for establishing prices for a newly launched product. She has just finished assessing
liubo4ka [24]

Answer:

Evaluation of competitors price

Explanation:

Shelly must benchmark her product's price against its direct competitors, how often they offer discounts or promotions, etc. She should also evaluate differences in product quality, and if possible, she should try to get information about her competitors' costs.

Are you offering a high quality, medium quality or low quality product? Is your price correct according to what the competition offers? Or is it too high or too low? If so, why is it too high? It it's too low, it is always easier to increase the price but decreasing it may b difficult.

Depending on what type of product you want to sell and the relationship that your company has with retailers, the distribution costs can affect your final price. For example, some companies make special deals with some retailers to give them exclusive rights to sell their products at a certain price that tends to be much lower than their competitors'.

4 0
3 years ago
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