Answer:
market intelligence
Explanation:
Market intelligence -
It refers to the information or the knowledge which is necessary for the company like the latest trends , customers ratings , competitors etc. , is referred to as market intelligence.
The process of market intelligence require collecting data from various upcoming sources like internet , social media , news etc .
The method enable to be up to date with their products or services in the competitive world.
Hence, from the given scenario of the question,
Sue is performing market intelligence.
Answer:
The advantages of starting own business:
- Flexibility: a person who starts his own business does not necessarily have to work 9/5 monday-friday, he can set his own schedule. Needless to say, many business owners work longer hours than regular employees, but the do so because of the hope to earn more money from profits than from a regular wage.
- The possibility of profit: an employee in a legal firm will not be able to obtain any dividends (unless he owns stock), while the very definition of a business owner is someone who obtains profits.
- Fulfillment: it is probably more fulfilling to see your own business develop and grow than go to work everyday for someone else's company.
Some disdavantages are:
- Risk: starting a business is risky. The business might result in losses instead of profits, in other words, the business may fail.
- Capital needs: to start a business, you need some capital, and it is not always easy to obtain. Most business owners either get debts, or liquidate some of their own assets (house, car, etc) to finance the company.
- Longer work hours: as stated above, it's very likely that a business owner will have to work night and day, especially during the first stages.
Answer:
I think the answer is a sketched floor plan
Answer:
B. Flattened management hierarchies.
Explanation:
In this scenario, the line workers at a Virginia steel mill developed a new process that made the line safer. The process went through only one level of management before it was approved by the vice president of operations. Hence, this is an example of a flattened management hierarchies.
A flattened management hierarchy can be defined as an organizational structure which eliminates a middle manager and allows the employees to be involved directly with the decision-making process.
Hence, by the removal of the middle management in an organization, the flattened management hierarchy creates a direct relationship between employees and the top executives of the company; thus, giving room for innovation and actions by employees in the decision-making process.
Answer:
$3,400,000
Explanation:
The computation of the credit sales is shown below:
As we know that
Closing balance of accounts receivables = Opening balance of accounts receivables + Credit Sales - Bad debts written off - Cash collected from credit customers
$750,000 = $550,000 + credit sales - $460,000 - $4,060,000
$750,000 = $4,150,000 + credit sales
So, the credit sales is
= $4,150,000 - $750,000
= $3,400,000
Simply we applied the above formula
