Answer:
Elena wants to open a Chinese restaurant near a university. She has the required capital to start her restaurant. However, she is unable to find
good chefs for her restaurant. Which type of resource is Elena lacking?
Elena is lacking Labor resource.
Explanation:
The Labor resource is the term related with the people needed for running the operation of a business. In this case Elena has the need for the chefs that will help you with the elaboration of the dishes that she wants to offer.
A business usually needs the following type of resources: labor, capital and land.
As we said previously Labor is the resource related to people.
Land is the resource related to the physical space where you want to set up your business. e.g store, online site, offices, building and so on.
Capital is the resource related to the money or financial investment needed to cover the initial launching costs.
Answer:
<u>a. the relative distribution of sales among the products sold by a company.</u>
Explanation:
- A sale mix is a relative part or ratio of the business products are sold and as the companies products have different degrees of productivity they are also applicable to services.
- It thus can be expressed as the ratio of the products with each and every product compared to the overall volume of the product.
- Thus, if a company tries to get a new product which has a lower profit, then sells it very aggressively it will make a low profit where the total sales will be increased.
- Similarly, if a company selects to develop a low-profit line and push sales of a higher profit from the product line, then the total profits will then increase even as the total sales tend to decline.
Answer:
The correct answer is B
Explanation:
Under the contract law, the cure is defined as the seller who mostly has a limited right to fix or else cure the problem, when the goods or the delivery under the contract fails to accomplish the particular terms of the contract.
When the time for the performance has not expired or lapsed, the seller might cure any kind of the non- conformity. So, the cure happen or occur when the seller ships the conforming goods to the buyer in order to replace the prior tender which is non- conforming.
Answer:
Pay rate
Explanation:
Pay rate, also referred to as the wage rate, which is defined as the rate of pat per period of work done by the person. It is the very vital factor which is to be considered by the person or an employee.
So, in this case, the person which is offered the job from two companies. The criteria which is vital for the person selecting which company the person should work for, it is the pay rate, which means the company which is offering high pay scale, the person should join or work for that company.
Answer:
gain of $6,350.
Explanation:
Depreciation expense each year = (cost of asset - residual value) / useful life
($46,200 - $6,300) / 4 = $9,975
Depreciation expense after two years = $9,975 x 2 = $19,950
Value of the equipment in two years = $46,200 - $19,950 = $26,250
If the equipment is sold for $32,600, the equipment would be sold at a profit
Profit = $32,600 - $26,250 = $6350
