1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zolol [24]
4 years ago
15

List five possible motivations for going into business?

Business
1 answer:
Anon25 [30]4 years ago
8 0

Answer:

Five possible motivations for someone to go into business:

  • money
  • independence
  • knowledge growth
  • gaining connections
  • possibly more control over work hours
You might be interested in
Sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. al
irakobra [83]

Answer:

Critique of advertising.

Explanation:

Advertising is a marketing strategy used by organizations or individuals to convince or persuade a consumer to buy their products.

It is used to promote goods and services using a multimedia channel such as television, radio, billboards etc.

Critique of advertising postulates that adverts usually urge or prompt consumers to buy products even when they don't need it.

6 0
3 years ago
The two pivotal factors that distinguish one competitive strategy from another boil down to Multiple Choice
kenny6666 [7]

The two pivotal factors that distinguish one competitive strategy from another boil down to Multiple Choice is explained in the following way

Explanation:

  • The generic types of competitive strategies include: low-cost provider, broad differentiation, best-cost provider, focused low-cost, and focused differentiation strategies. Which of the following generic types of competitive strategies is typically the "best" strategy for a company to employ?

  • What sets focused (or market niche) strategies apart from low-cost leadership and broad differentiation strategies is: their concentrated attention on serving the needs of buyers in a narrow piece of the overall market. ... meaningfully lower overall costs than rivals on comparable products.

  • 1- By using its lower-cost edge to underprice competitors and attract price-sensitive buyers in great numbers to increase total profits.
  • When a Low-Cost Provider Strategy Works Best
  • Most buyers use the product in the same ways. Buyers incur low costs in switching among sellers. Large buyers have the power to bargain down prices. New entrants can use introductory low prices to attract buyers and build a customer base.

4 0
3 years ago
. Terry purchases an annuity with payments made at the beginning of each month for 36 payments. The monthly payments are a const
lara31 [8.8K]

Answer:

The present value of the annuity is $ 825.02  

Explanation:

The present value of the annuity is the today's worth of the thirty annuity payments.

Each of the annuity payment is multiplied by its discount factor,for instance the discount factor for the first payment is computed thus

=$15*(1/(1+6%/12)^1=$14.93

The 6% interest rate is divided by 12 months to show a monthly rate of return find attached.

Download xlsx
4 0
3 years ago
A miner working for a mining company requests the purchasing agent of the company to buy a particular brand of high powered LED
sesenic [268]

Answer:

The correct answer is letter "B": users.  

Explanation:

We can identify seven (7) roles members of a company can play in the organizational purchasing process: <em>initiators, users, buyers, influencers, deciders, approvers, </em>and <em>gatekeepers</em>. The users are the characters who are likely to benefit directly from the purchase since the products bought will be provided to them. Sometimes they play the role of the <em>initiators </em>requesting what is necessary.

7 0
3 years ago
Management of a company can enhance its business decision making ability and receive the most timely financial information by pr
Juliette [100K]

Answer:

more frequently.

Explanation:

Both accounting and finance are extremely important for managers to make the best possible business decisions. The difference between accounting and finance is that accounting relies on past events, while finance has to anticipate to future events. One without the other is useless, since only knowing what happened before and not getting anything new out of that information doesn't help, and finance uses the accounting statements as their basic information.

In order for a manager to have the most reliable and current information, the financial statements must be done fairly frequently, every month or every two months at most. Legally the IRS only requires one set of financial statements per year, but that doesn't mean they can't be done more frequently. Before making a decision, you must know where your company is standing and the only way to know that is through financial statements.

4 0
4 years ago
Other questions:
  • The _____ approach to management focuses on scientific methods, time and motion studies, and job specialization with the goal of
    13·1 answer
  • The _____ summarizes a firms financial position at a specific point in time (i.e., a specific quarter or year).
    8·1 answer
  • Vibrant Company had $1,020,000 of sales in each of Year 1, Year 2, and Year 3, and it purchased merchandise costing $560,000 in
    14·1 answer
  • The entries for the debit account titles in the "Account Title" column are written
    10·1 answer
  • Which of the following is the least effective way to reach a potential sales prospect?
    11·2 answers
  • Ma Barker Company has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply man
    10·1 answer
  • Procuring materials and refining those materials into finished projects to distribute to retail outlets are activities handled b
    5·1 answer
  • Acme Company has an agreement with a major credit card company which calls for cash to be received immediately upon deposit of A
    10·1 answer
  • 2. State the accounting equation.
    15·1 answer
  • Which form do independent contractors receive from clients to verify income
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!