Answer:
what are the answer choices
Business functions are the activities carried out by an enterprise; they can be divided into core functions and support functions. Core business functions are activities of an enterprise yielding income: the production of final goods or services intended for the market or for third parties
Answer:
A) Backward vertical integration.
Explanation:
In this new rapid changing environment where competitiveness is a key to success, often businesses try hard to keep the cost low, without loosing it's charms. Sometimes, it does that by doing the processes of supply chain itself that is <em>vertical integration</em>.
Backward Vertical Integration: It is a type of integration in which company takes the responsibility of creating the required product which is prerequisite for the final product.
- Example of Digipics: At first company used to outsource all the components including lenses as well, to make the final product, and later they started manufacturing the lenses themselves obviously to reduce cost.
Answer: Bankruptcy
Bankruptcy is likely the most extreme danger of excessive business debt. In a sole proprietorship, your business finances are not separate from your individual finances, meaning you could face personal bankruptcy. For other common business set-ups, if you cannot meet the repayment requirements of your lenders, they may eventually force you into bankruptcy. This typically means the end of your business, or at least the end of your ownership. Your business assets may be seized to allow creditors to recover some of their money.
Limited Flexibility
High debt leverage is less severe than bankruptcy but often a signal of impending doom. This means you have too much debt and your debt ratios show difficulty keeping up with your short-term and long-term debt obligations. This makes you susceptible to late fees, default and eventually bankruptcy. It also makes your business unattractive to prospective lenders or creditors. This gives you limited flexibility to find new financing or to buy new equipment or supplies on credit. New investors may also have concerns about your high debt.
Poor Profits
Even if your business stays afloat, too much debt leverage makes profitability difficult to achieve. Your business has fixed monthly expenses for building costs and labor. You also have variable costs of production or operations and sales. When you add high monthly principal and interest payments, bringing in enough revenue to make substantial profits becomes unlikely. Plus, if you cannot pay down debt quickly, you carry it longer and pay more in interest over time. Without profit or funding sources, you also cannot expand or grow your business.
Explanation:
Answer:
Explanation:
Reliability. You want a sitter who respects the babysitting job – and your time enough to show up on time, preparedness. Good sitters come to work with ideas on what to do while they're with your kids, such as games, crafts or other activities, Experience, Ability to take charge