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olya-2409 [2.1K]
3 years ago
5

The concept of "benchmarking" is: a. The process of comparing a particular company with a subset of the competitors in the indus

try b. An analysis of a firm’s financial ratios over time c. Using a group of ratios that show the combined effects of liquidity, asset management and debt on operating results d. The use of debt as a financing tool e. Using a group of ratios to show the relationship of a firm’s cash and other current assets to its current liabilities
Business
1 answer:
natta225 [31]3 years ago
4 0

Answer:

a. The process of comparing a particular company with a subset of the competitors in the industry

Explanation:

The concept of Benchmarking is basically used to compare the processes and performances of business with it's competitors using measures to industry bests practices.

Therefore, b. An analysis of a firm’s financial ratios over time is an internal measure while benckmarking is an external measure.

c. Using a group of ratios that show the combined effects of liquidity, asset management and debt on operating results is once again an internal metric not an external one.

d. The use of debt as a financing tool this statement is it's self vague, therefore is incorrect.

Finally the last option, e. Using a group of ratios to show the relationship of a firm’s cash and other current assets to its current liabilities is only comparing with it's own cash and other current assets to its liabilities rather than with it's competitors.

Hence, a. The process of comparing a particular company with a subset of the competitors in the industry is the correct option.

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Byron is interested in buying an antique vase for his grandmother's birthday. He visits an antique store and buys the first vase
Tresset [83]

Answer:

specialty

Explanation:

Specialty goods are goods with unique characteristics and brand identifications that will motivate a buyer to go to great length or special effort to acquire such a  good. Specialty goods require high involvement as the buyer can show high level of brand loyalty to a product and pay a premium just to acquire the brand.

Byron does not visit another store to compare other vases because he already knows the unique characteristics he is looking for which he found in the first vase that he saw and bought. So he purchased a specialty good.

6 0
3 years ago
If the number of unemployed workers is 19 million, the number in the working-age population is 500 million, and the unemployment
konstantin123 [22]

Answer:

labor force participation rate= 96.2%

Explanation:

Giving the following information:

Unemployed people= 19 million

Labor force= 500 million

<u>First, we need to calculate the employed people:</u>

<u></u>

Employed population = 500 - 19= 481 million

<u>Now, to calculate the labor force participation rate, we need to use the following formula:</u>

<u></u>

labor force participation rate= (employed people/labor force)*100

labor force participation rate= (481/500)*100

labor force participation rate= 96.2%

4 0
3 years ago
Jacqui decides to open her own business and earns $50,000 in accounting profit the first year. When deciding to open her own bus
Ira Lisetskai [31]

Answer:

C) $4,000

Explanation:

To calculate economic profit we can use the following formula:

economic profit = total revenue - (accounting costs + implicit costs) = (total revenue - accounting cost) - implicit costs

where:

  • accounting profit = total revenue - accounting cost = $50,000
  • implicit costs: ($20,000 x 5%) + $45,000 = $1,000 + $45,000 = $46,000

economic profit = $50,000 - $46,000 = $4,000

3 0
3 years ago
A Truss Above, a home builder in the United States, secures products such as roofing shingles, cabinets, and plumbing materials
galina1969 [7]

The practice that sees the contractor using outside suppliers to build homes is known as <u>Importing</u>.

<h3>What is importing?</h3>

This refers to when goods are acquired from outside the nation for reasons such as the goods being cheaper and more available.

Truss Above is engaged in importing when it buys goods from outside suppliers and then uses it in the United States.

Find out more on importing at brainly.com/question/13663581.

#SPJ1

6 0
2 years ago
Marvin Gaye's song "Gotta Give It Up" was protected by ___________ .
monitta

Answer:

d. not selected option d copyright

6 0
4 years ago
Read 2 more answers
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