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3 years ago

Select which of the ways that entrepreneurs improve the economy is being described:

Business

1 answer:

8_murik_8 [283]3 years ago

4 0

Answer: (B) Demand for products

Explanation:

The demand for the products is basically refers to the process in which the amount of the specific products are get purchased for the particular price so that the one business organization increase their productivity and the other business meets its specific requirement.

There are basically five factors which determine the demand of products function in an organization are as follows:

Income of the buyer
Price
Customer choice
The actual price of the related other products
Future supply expectations

Therefore, Option (B) is correct.

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Your co-worker, the operations manager of Blue Ocean Seafood Restaurants, has pointed out a slight decline in diners ordering an

cluponka [151]

Answer:

You agree that test marketing could be helpful, but you point out that it may also reveal your ideas to your competitors.

Explanation:

In the give scenario the existing famous cheesy butter biscuits sales are going down. In an effort to increase the revenue of the business the head of product development has a theory that people want lighter options today, and she has recommended test marketing a lower-fat version of the biscuits at select locations in eight major cities across the United States.

This is an innovative solution to the problem and the head of product development should be encouraged to drive the test marketing.

However marketing a lower-fat version of the biscuits at select locations in eight major cities will expose the strategy to competitors. It will be better to conduct the test in a more controlled environment away from competitors.

4 0

3 years ago

Records at Hal’s Accounting Services show the following costs for year 1. Direct materials and supplies $ 40,000 Employee costs

ruslelena [56]

Answer:

See answers below

Explanation:

a. Direct materials & supplies $40,000 = $40,000 × 110%

= $44,000 × 20,000/25,000

= $35,200

Employee costs = $2,900,000 × 105%

= $3,045,000 × 20,000/25,000

= $2,346,000

Variable overhead = $600,000 × 100%

= $600,000 × 20,000/25000

= $480,000

Fixed overhead = $700,000 × 105%

= $735,000

b. Total costs per unit year 2 =

$3,596,000 / 20,000

= $179.81

6 0

3 years ago

Which expense category will most likely be changed to allow money for the purchase of a car?

Ivan

<h2>Reducing the "Entertainment " will hold good for the given scenario</h2>

Explanation:

There things which a man needs like food, water, shelter, etc.

Savings : This aspect is necessary for helping us in crucial point. It can serve as an another hand on demand.

Groceries : This is most important component of every men and women for living. So it cannot be reduced.

Utilities : This is equally important.

Entertainment : This shows luxurious aspect and not a mandatory one. So the amount spent in this category should be reduced.

7 0

3 years ago

Which type of business is owned by a small pool of investors?

skelet666 [1.2K]

A limited partnership is owned by a small pool of investors; if there is only one owner, then it is a sole proprietorship.

5 0

3 years ago

You manage an equity fund with an expected risk premium of 12.4% and a standard deviation of 38%. The rate on Treasury bills is

timama [110]

The expected return = = 12.84 %.

The standard deviation = 22.8 %.

<u>Explanation</u>:

On the client's portfolio (total investment = 120 K + 80 K = 200 K,

The expected return

= (12.4 %risk premium + 5.4 %risk free return) $\times$ (120 K / 200 K) + 5.4 % $\times$ (80 K / 200 K)

= 17.8 % $\times$ 0.6 + 5.4 % $\times$ 0.4

= 12.84 %.

The standard deviation would be = 38 % $\times$ 0.6 + 0% $\times$ 0.4

= 22.8 %.

4 0

2 years ago