A(n) blank Business model is a plan that details how a company creates, delivers, and generates revenues.
<h3>What exactly is a business model?</h3>
An organization's conceptual framework, which includes its mission, objectives, and continuing strategies for accomplishing them, is known as a business model.
A business model is essentially a specification outlining how a company achieves its goals.
<h3>A successful business model is what?</h3>
As an illustration, Clay Christensen of Harvard Company School proposes that a business model should include four components: a customer value proposition, a profit formula, essential resources, and key procedures.
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Answer:
Direct Cost.
Explanation:
As Newtech Inc. has hired John for the position of a software programmer to work on their new project. Salary paid to John by Newtech Inc. would be direct cost. Direct costs are the costs which can be tied directly to the manufacturing of products and services and they can be traced very easily as well. Labor cost, commissions, manufacturing supplies, direct material are the direct costs which can traced back to the manufacturing products quite easily.
Answer:
d. substitution bias.
Explanation:
Price changes from year to year are not proportional, and consumers respond to these changes by altering their spending patterns. The problem this creates for inflation calculations is called substitution bias.
A problem with the Consumer Price Index (CPI) arises from the singular fact that, when the price level of a product becomes relatively less expensive or lower, consumers tend to buy more quantity of the product and consequently, a lesser quantity of goods that are relatively more expensive.
Hence, their spending pattern changes with respect to the prices but it's not completely adjusted with the Consumer Price Index (CPI), thus, making the inflation rate to differ because of the problem of substitution bias.
Answer:
$12,500 income tax; $1,250 penalty
Explanation:
The distribution from the traditional IRA is fully taxable since he Tyson receives a distribution of the entire $50,000 balance of his traditional IRA
($50,000 x 25%) = $12,500.
Therefore Tyson must pay a 10% penalty on the portion of the distribution that he did not contribute to a Roth IRA despite Tyson receives a distribution of the entire $50,000 balance of his traditional IRA in which he retains $12,500 to pay tax on the distribution
($12,500 x 10%) =$1,250
Therefore $12,500 will be his income tax amount and $1,250 will be his penalty amount
Answer:
These are careers that are focused on running businesses.
Explanation:
The business management and administration career cluster are careers that are focused on the running of businesses. What it does is to help students prepare for effective and good careers on the processes of running good and productive businesses. It has several career pathways to follow in achieving this.
