All categories

2 years ago

In order to ensure success, what are the five rules you need to follow before going into business for yourself?

Business

2 answers:

Licemer1 [7]2 years ago

6 0

Answer:

Promote your service

Know what to charge

Follow up your work

Be professional in your approach

Know the law

On edge 100% exact wording from the source

Explanation:

trapecia [35]2 years ago

5 0

Promote your service

Know what to charge

Follow up your work

Be professional in your approach

Know the law

Explanation:

You might be interested in

It is understandable that productivity is rising faster in the service sector because service businesses have newer technologies

Lina20 [59]

Answer:

The answer is a. true

Explanation:

Service sector tend to be up to date when it comes to technology as this tends to help them provide services efficiently. Sector service tend to have fewer laborers compared to manufacturing sector as many processes in service provision are merely done by the evolving technology

8 0

3 years ago

Read 2 more answers

EXCESS CAPACITY Williamson Industries has $7 billion in sales and $1.944 billion in fixed assets. Currently, the company’s fixed

Lubov Fominskaja [6]

Answer:

a. Calculation of level of sales

Level of sales = Sales / Operating capacity

= 7,000,000,000/90%

= $7,777,777,777.78

b. Calculation of Target fixed Assets/Sales ratio

Fixed assets sales ratio = Fixed assets / Level of sales

= 1,944,000,000/7,777,777,777.78

= 0.249942857

= 0.25

c. Calculation of Increase in Fixed assets

Increase in fixed assets = Fixed assets sales ratio * (Increase in sales - Level of sales)

= 0.249942857 * (7,000,000,000*1+15% - 7,777,777,777.78)

= 0.249942857 * (8,050,000,000 - 7,777,777,777.78)

= 0.249942857 * 272,222,222.222

= $68,040,000.

8 0

3 years ago

Money that has been or will be paid regardless of the decision whether to proceed with the project is:

bezimeni [28]

Answer:

Sunk costs.

Explanation:

Sunk costs refers to historical funds spent or incurred that cannot be recovered. Such costs are considered irrelevant during decision making which impacts on the business's future as they present no influence on present or future prospects.

Example

ABC investors decide to acquire land and develop residential houses at a location X. This decision is informed on the fact that the government had recently enacted a policy that led to an increase in demand for residential properties in that location. 6 months into construction of the residential houses, the government reviews and rescinds the policy. This leads to a sharp decline in property values in location X. ABC investors had already incurred 10 million dollars in the project. The 10 million dollars is considered sunk cost.

Sunk costs are the opposite of relevant costs because they can't be changed or recovered, as they've been spent or contracted in the past already. Hence, relevant cost are relevant for decision-making purposes but not sunk costs.

Hence, money that has been or will be paid regardless of the decision whether to proceed with the project is sunk costs.

4 0

2 years ago

An approach that recognizes that, with every interaction, customers learn something about a company that will affect their desir

Allushta [10]

Answer: Customer experience management.

Explanation:

Customer experience management is the ways in which a company provides it's consumers the best customised experience during their period of patronizing the business: the customer experience management makes the best use of physical and digital contact with consumers to give them a wonderful experience and maintain customer patronage.

7 0

2 years ago

Which of the following is a step in the investment planning process?

dalvyx [7]

A. You have to know how much risk you are willing to take in order to figure out what sort of investments will fit your needs.

b-d are not only wrong, but very poor strategies in general.

8 0

3 years ago