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4 years ago

What are three differences between the business concept and the business model statement?

1 answer:

6 0

That business model statements come up with strategies of the company such as pricing & branding ect. and business concept is simply building a unique selling proposition

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A work breakdown structure must be decomposed at least four levels in order to be effective. true false

Eddi Din [679]

A work breakdown structure must be decomposed at least four levels in order to be effective- FALSE

By adopting task breaking, a popular productivity technique, workload can be made more reasonable and approachable. The instrument used to apply this method to projects is the Work Breakdown Structure (WBS), one of the important project management papers. To ensure that project plans are in sync, it does it on its own by combining size, cost, and schedule baselines.

A Work Breakdown structure is used to graphically, hierarchically, and deliverable-focused decompose a project (WBS). Project managers can use it to break down the focus of their operations and view all the tasks required to complete them, making it a helpful diagram.

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4 0

2 years ago

What does purchasing insurance for a business reveal about the business owner’s attitude toward financial risk?

Simora [160]

It shows that the owner acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company.

8 0

3 years ago

Oriole Company has the following transactions related to notes receivable during the last 2 months of the year. The company does

NikAS [45]

Answer:

See explanation

Explanation:

Nov. 1 Notes receivable - C. Bohr Debit $52,200

Cash Credit $52,200

To record the loan provided to C. Bohr issuing a 7%, 12-month note.

Dec. 11 Notes receivable - K. R. Pine Debit $1,800

Sales revenue Credit $1,800

To record the sales revenue by issuing a 8%, 90-day note.

Dec. 16 Notes receivable - A. Murdock Debit $4,800

Accounts receivable - A. Murdock Credit $4,800

To record the settlement of an open account by issuing a 180-day, 10% note.

Dec. 31 Interest Receivable Debit $681 (Note - 1)

Interest Revenue Credit $681

To record the interest revenue accrued on December 31.

Calculation:

November 1 Interest from C. Bohr = $52,200 × 7% × (2÷12) = $609

December 11 Interest from K. R. Pine = $1,800 × 8% × (20÷90) = $32

December 16 Interest from A. Murdock = $4,800 × 10% × (15 ÷ 180) = $40

Total Interest = $681

5 0

3 years ago

How do the responsibilities of a manager in an investment center compare to the responsibilities of managers in a cost or profit

bixtya [17]

the responsibilities of a manager in an investment center compare to the responsibilities of managers in a cost or profit center-----Investment center managers have more authority and responsibility than managers of a cost or profit center

What is the difference between a profit center and an investment center?

Profit center is a division or a branch of a company that is considered to be a standalone entity that is responsible for making revenue and cost related decisions. Investment center is a profit center that is responsible for making investment decisions in addition to revenue and cost related decisions

What are investment center managers responsible for?

An investment center segment of an organization responsible for costs, revenues, and investments in assets. is an organizational segment that is responsible for costs, revenues, and investments in assets. Investment center managers have control over asset investment decisions.

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4 0

1 year ago

Dave and Ellen are newly married and living in their first house. The yearly premium on their homeowner’s insurance policy is $6

oksian1 [2.3K]

Answer:

1. 48 dollars

2. 30 dollars

Explanation:

The yearly premium on their homeowner's insurance policy is $600 for the coverage they need.

Their insurance company offers a discount of 8 percent if they install dead-bolt locks on all exterior doors.The couple can also receive a discount of 5 percent if they install smoke detectors on each floor.

1. What discount will Dave and Ellen receive if they install the dead-bolt locks?

discount for deadbolts =

Discount % x Premium

0.08 x 600 = 48 dollars

b. What discount will Dave and Ellen receive if they install smoke detectors?

discount for deadbolts =

Discount% x Premium

0.05 x 600 = 30 dollars

5 0

4 years ago