The factor that affecting profits to a business that have the most control is the expenses.
<h3>How expenses affect profit?</h3>
The expenses play the major role to affect the profit of business organizations, as it is clear that if the firm incurred more expenses in various things that are not related to the business, then ultimately the profit level decreases, and vice-versa.
Therefore, option A is correct.
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The answer to the blank space is credence attribute. Credence attribute refers to how a good or service cannot be evaluated by consumers even after using it – even though the consumers feels the perceived value.
In the example of the question, Eric clearly doesn’t quite understand the expertise of the surgeon and is unable to evaluate it but nevertheless he benefits from it through his hernia surgery.
Answer:
The answer is: Systems Perspective of the Human Resource Management
Explanation:
The systems perspective considers the organization in terms of;
Input - Throughput - Output,
- Input: organized activities of employees.
- Throughput: Transformation of energies within the system.
- Output: Resulting product or service
HRM´s role is to:
- Competence management: Ensure that the employees have the required skills and abilities to provide the input needed by the organization.
- Behavior management: Evaluate employees´ performance and pay systems to ensure job satisfaction. Ensure employees work according to the organizational strategy, ultimately boosting productivity.
- In closed systems, create methods to safeguard the technological core from the environment.
- In open systems, facilitate interactions with the environment.
Answer:
2 goal driving agenda
Explanation:
The goal customer satisfaction. And that can only be achieved through understanding the competitors strength and weakness. A defined goal can make future earnings more lucrative.
Answer:
a) $-174,200 b) $531,600
Explanation:
This information can only be correctly disclosed through an income statement as shown below.
Belyk Paving Co
Income Statement
For the period---
$
Sales 2,396,000
Less: Cost of Goods Sold <u>1,429,000
</u>
Gross Margin 967,000
Less expenses:
Depreciation (490,400)
Selling and administrative expenses (<u>435,400) </u>
EBIT 41,200
Less: Interest Expenses (215,400)
EBT (174,200)
Less: 30% tax <u>0 </u> -- ( Note 1)
Net loss <u>(174,200)
</u>
a) Net Loss $ 174,200
b) Operating Cash Flow= EBIT- Taxes + Depreciation
= 41,200 - 0 + 490,400
= $531,600
Note 1: No tax is paid when EBT is negative
