Small business is difficult in the economy because its self made
Answer:
d. long-term orientation
Explanation:
Based on the information provided within the question it can be said that this is an example of a culture high in long-term orientation
. This term refers to placing all resources and focus on the long term future of something in order to make sure it lasts for as long as possible and provides great benefits far off in the future. Which is what the consumers in Beijing seem to value the most.
Answer:
$8,000
Explanation:
Given that
Profit = $1,200
Cost = 85% of sales
Profit = 15%
We know that
Sales = Cost + Profit
= 85% + 15%
= 100%
So sales percentage is 100%
Now we use the unitary method to find out the extra sales which would be
= Profit × sales percentage ÷ profit percentage
= $1,200 × 100% ÷ 15%
= $8,000
Answer:
"C"
Explanation:
A customer - driven environment is an organisation where customer needs are identified and all efforts are in place to ensure that these needs are met to the maximum satisfaction of the customer.
Quality and pricing are key components of this system as a customer will be attracted if he is sure of the quality of a need at a reasonable price. It does not mean it should be the cheapest and lack quality.
It has been proven to be a good way of gaining competitive edge over rivals in business.
Answer:
25%
Explanation:
Given:
Seth has a monthly income of $2,500
He has a $400 car payment
He owes $225 on electronic equipment.
Question asked:
What is the percentage of Seth's income he is paying out in debt payments?
Solution:
He has a car payment = $400
He owes on electronic equipment = $225
<em>These two items are treated as debt for Seth as these items are used first then pay for it.</em>
Total debt = $400 + $225
Total debt = $625
Now, we will find percentage of Seth's income he is paying out in debt payments,
Therefore, 25% of Seth's income he is paying out in debt payments.
