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3 years ago

Which one of the below is the MAJOR responsibility of a businessperson:

Business

1 answer:

igomit [66]3 years ago

4 0

Answer:

B) Making the value of the company increase by generating increasing revenues and profits

Explanation:

The main responsibility of a manager is to increase the company's value in order to increase the wealth of its owners. Of course this should be done in a legal way, e.g. a drug lord that makes millions can't be considered a good businessperson. The responsibility of a manager do not end there, they also have a duty with all the stakeholders of the company, starting with the employees, the government, the environment, their customers, and society as a whole.

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"Ramon runs the marketing department at his company. His department gets a budget every year, and every year, he must spend the

miss Akunina [59]

Answer:

Property of additive inverse

Explanation:

Given: Ramon got $2.5 million for the annual marketing budget such that he must spend the budget such that $2,500,000-x=0$

To find: property of addition that help us to know what the value of x must be

Solution:

1 million is equal to $1,000,000$

So,

$2.5\,\,million=2.5(1,000,000)=2,500,000$

According to property of additive inverse,

$a+(-a)=0$

Given equation is $2,500,000-x=0$

This equation can be written as $2,500,000+(-x)=0$

So,

$x=2,500,000$

8 0

3 years ago

A loss is when

Illusion [34]

The answer is B revenue is less than expenses

5 0

3 years ago

Read 2 more answers

On December 15, 2018, Rigsby Sales Co. sold a tract of land that cost $3,700,000 for $5,000,000. Rigsby appropriately uses the i

xxTIMURxx [149]

Answer:

$127,400

Explanation:

Gross profit ratio = [(sale - cost) ÷ sale price] × 100

= [($5,000,000 - $3,700,000) ÷ $5,000,000] × 100

= 0.26 × 100

= 26%.

Gross profit on down payment is recognized in 2019:

= Down payment × Gross profit ratio

= $490,000 × 26%

= $127,400

5 0

2 years ago

Fast Fine Foods markets some of its products to consumers looking for simple, quick meals. Fast Fine Foods also offers another l

wlad13 [49]

Answer:

<u>Market segmentation.</u>

Explanation:

Market segmentation is a process used by an organization that divides its potential customer according to tastes, needs and characteristics and similarities between customer groups, with the aim of directing the marketing strategy and product line to each customer group. identify their particularities to meet their own needs more effectively.

4 0

3 years ago

Read 2 more answers

The following bond was quoted in The Wall Street Journal:

lisov135 [29]

If Five bonds were purchased yesterday, and 5 bonds were purchased today. How much more that the 5 bonds cost today is: $75.

<h3>Cost of bonds today</h3>

Using this formula

Bond Yield =Total annual interest of bond / Total current cost of bond at closing

First step is to calculate the Closing bonds

Closing bonds=(96.875 x 10)× 5 bonds

Closing bonds= $968.75 × 5 bonds

Closing bonds= $4,843.75

Second step is to calculate the Next day cost of bonds

Next day cost of bonds=[(96.875 + 1.50) x 10]× 5 bonds

Next day cost of bonds = $983.75 × 5 bonds

Next day cost of bonds= $4,918.75

Third step is to calculate the Cost of bonds today

Cost of bonds today=$4,918.75 - $4,843.75

Cost of bonds today = $75

Therefore If Five bonds were purchased yesterday, and 5 bonds were purchased today. How much more that the 5 bonds cost today is: $75.

Learn more about cost of bonds today here:brainly.com/question/25596583

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6 0

1 year ago