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3 years ago

How do businesses and not-for-profit organizations help create our standard of living?

1 answer:

3 0

The businesses and not for profit organizations help create the goods and services on the basis of our standard of our living.

<u>Explanation: </u>

Businesses play an important role in regulating our life by offering jobs, and goods and services to society. Quality of life means helping the educational institutions, health departments, sanitation etc.

Not for profit is an organization that continues to live to carryout targets other than making a business profit. Not all organizations live for profit some believe in helping needy. Charities like habitat for humanity, American cancer society, etc. are part of not for profit organizations. Last 20 years, not for profit organizations, employees and volunteers have rapidly increased.

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2 years ago

Select the true statement about standards for weights and measures.

Aleonysh [2.5K]

The answer is: A pound of flour from the Fluffy Flour Company will be the same weight as a pound of flour from another company.

In the before standard for weight and measures were created, commodities such as flour was sold using 'bags' as standard of measurement. This cause a lot of problems among buyers because many sellers put very little amount of flour inside one bag in order to obtain many profit

Because of such problems, Standard for weight and measures were invented so the sellers would not be able to cheat the buyers by less amount that they suppose to.

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3 years ago

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George and Miguel are considering opening up a shoe store but first need to do market research. Which one of these is NOT part o

mamaluj [8]

Is this multiple choice, where are the answers to choose from?

5 0

4 years ago

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You have been elected to the governing board of your church. At the first meeting you attend, mention is made of building a new

tigry1 [53]

Answer:

1. Cash in hand and at bank balance

2. Is there land and buildings available

3. Are there any accumulated debt owed by the church

4. Collections or record of church document.

Explanation:

1. Cash in hand and at bank balance. This an example of a current asset. The first question is how much does the church have as cash and bank balance. The reason is to ascertain whether the fund will be sufficient for the new building project.

2. Land and Buildings availability. This is a fixed asset. The board would enquire whether there is an already existing building or land with which to begin the building project.

3. Debt or loan owed by the church. Loan forms part of liability in a balance sheet. Another question to be asked is whether the church is indebted to a bank or financial institution. This will determine whether or not to continue with the building project.

4. Record of church document. Does the church have any existing document with which to support the new building? This is pertinent as to begin or abandon the plan to build a new church.

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4 years ago

Through self-guided internet research, the intellectually curious mind can find many examples of potential rewards in business.

lina2011 [118]

Through self-guided internet research, the intellectually curious mind can find many examples of potential rewards in business. Add two (2) or more examples of Business Rewards to this list:

Business Rewards

A deep sense of satisfaction

Being the one in control

Providing sustainable jobs and income for others

The opportunity to give back / community responsibility

The satisfaction of excellent customer feedback

Financial Rewards

After conducting additional research, what other business rewards can you add here?

Answer:

1. Independence and Flexibility

2. Learning opportunities

Explanation:

The rewards of having a business are tremendous and cannot be overemphasized. Hence, asides from the listed business rewards, here are two additional business rewards

1. Independence and Flexibility: One of the rewards of doing business is the independence that comes with it. As the business grows, a business owner gets to have the independence to work whenever he wishes, and have the flexibility of time to be active in business life and other events outside the business.

2. Learning Opportunities: business activities allows business owners to see and learn how certain aspects of the business is getting done. Even when there are employees to perform those functions, business owners still have the opportunity to see, learn, and understand how those activities are being carried out.

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3 years ago