Two criminal justice careers with the same skillset would be corrections officer & police officer. The similar skillset I see being useful in job performance would be verbal communication skills to question, talk, listen to people they serve. The second skillset would be physical stamina to walk, bend, carry extra gear, drive long distances.
These are just two examples. There are others you might identify as being important too.
Answer:
A private limited firm refers to a corporation. A corporation’s internal sources of financing are mostly limited to its retained profits, and money realized from the sale of its assets. In case of the given example, because the company does not have enough cash on hand, it will have to rely on several external sources of financing. The most important source of procuring financing for the company is a bank loan. Thus, the company can raise money from institutions such as banks or other creditors in the form of loans. The company will need to repay loans in the future, and therefore the company will record this as a liability in its accounts. However, these ways of procuring money would help the company arrange $15,000 in order to purchase the fabric and other accessories.
The sources of financing will remain the same even in the case of a sole proprietorship; that is, retained earnings or loans from external sources such as banks. However, in the case of a public limited company, the answer would change. In the case of a public limited business, it has another option of raising financing through the issue of common or equity shares.
Answer:
C. Technical skills
Explanation: Technical skills because all jobs relating to a certain department are dealt within that department using certain techniques. For example accounting is done following certain methods
Answer:
One important financial reporting instrument for measuring and assessing an organisations liquidity risk is the Cash Flows statement. It speaks to the availability of cash in the short term, and or assets that can be readily converted to cash.
In other words, when a business has immediate financial obligations, cash refers to those resources that can be used to satisfy them.
An understanding of cash flows is crucial to business success because it:
- provides a clear picture of an organisations cash status or liquidity;
- helps business owners plan for how much cash expected in the future and when it is likely to come;
- when organisations want to benchmark their performance against one another, it becomes very handy and useful. Banks, for instance, measure the ability of a business to meet it's liquidity requirements as a measure of eligibility to receive additional finance.
One way companies can maintain liquidity during this pandemic is to control overhead expenses. Necessity is the mother of invention. Companies can have their team brainstorm on creative ways to cut down on operational, administrative and production costs. Some costs which can be considered for downward revision are rent, labor costs (such as business performance incentives), professional fees, marketing costs, advertising costs, public relations etc.
Cheers!
The correct answer is 1, 4, 5.
1. Money.
4. Time.
5. Considerable effort.
Successful entrepreneur is termed as the right attitude towards business and grit to achieve success and also self determination.
A successful entrepreneur has a healthy opinion and sense to self confidence to abilities and skills.
The most important trait for an entrepreneur to be successful is self discipline.
