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Amanda [17]
3 years ago
12

In one or two sentences, describe why decisions are based on expected costs and benefits.

Business
1 answer:
kow [346]3 years ago
7 0
<span>Generally, man wants to engage in feasible business or investment that will bring profits or benefits. Because of this, before engaging in the business or purchasing of a product, he usually weights the costs and the benefits that will be derived. If the benefits are higher than the costs, he will usually be ready to engage in the business or buy the product, but if the reverse is the case, he will see no reason for engaging in such a business.</span><span />
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Central Park Inc. is a company that sells women's clothing. It recently shut down its physical store and is operating as an app-
love history [14]

Answer:

M-commerce

Explanation:

Since in the given situation it is mentioned that Central Park Inc sells the women clothing and currently they shut down the physical store and they are operated now through app based. With this feature, anyone could access anywhere via using the mobile phones also at the same time the customer compared the prices

So this situation represent the mobile commerce or M -commerce as the people can access this from anywhere at any time, it is easy to use also it save the cost and time

7 0
4 years ago
Suppose that Cheryl's only assets are an automobile worth $10,000 and a checking account with a $5,000 balance. Her only liabili
melamori03 [73]

Answer:

Cheryl's net worth is;

c). $5,000

Explanation:

The net worth is the value of an individual taking into account all the individual's assets and liabilities. It is a holistic view on the value of an individual. It is also used to estimate the value of a company, corporation and even countries. It is one of the standard measures used to gauge an entity's wealth. The net worth can be calculated by taking the difference between assets and liabilities. An asset is anything of economic value that is owned by an entity while a liability is anything of economic value that is owed.

The following formula can be used to estimate Cheryl's net worth;

N=A-L

where;

N=net worth

A=assets

L=liabilities

In our case;

N=unknown to be determine

A=Automobile+checking account

Automobile=$10,000 and checking account=$5,000

A=10,000+5,000=$15,000

L=student loan+car loan

student loan=$2,000

car loan=$8,000

L=2,000+8,000=$10,000

replacing;

N=15,000-10,000=$5,000

Cheryl's net worth=$5,000

4 0
3 years ago
Which mode of transportation typically has the highest value-to-weight ratio? (Food for thought as you answer this question: Thi
mr Goodwill [35]

Option F, Air

Explanation:

The value to weight of an item is an indicator of the financial value per kilogram or kilo of an item. It is an important step for the development and strategy of the distribution chain.

If it is decided whether the cost savings in total inventory holding costs should be compared with savings on cost by means of cheaper transportation when shipments are made by sea, taking longer, than by air, usually the shorter one.

The diamonds and coal are a different example of the weight ratio. They are two types of carbon but they are of very different weight ratios. For diamonds, air and private jet charter can be well justified, depending on the size and value of the shipment.

7 0
4 years ago
What are two ways someone could earn money on a real estate investment? 1.) Residents pay to have the floors cleaned. 2.) Owner
zaharov [31]
Owner could sell a property he or she fixed up.
Residents pay rent to the owner.
8 0
3 years ago
Read 2 more answers
As a human resources manager for your company, you are looking for ways to motivate employees to favor your company over competi
Anastaziya [24]

Answer:

A. True

Explanation:

Motivation refers to providing such benefits and incentives which stimulates employees to better performance and directs them towards achievement of organizational goals and objectives.

Motivation can be provided both in monetary and non monetary forms. While monetary forms would include incentives, appraisal etc, non monetary forms would include better participation of employees in decision making, providing better infrastructure and workplace environment.

The given case points towards provision of non monetary forms of motivation. Providing employees with opportunity to vote on a decision builds trust and at the same time satiates the need for respect and recognition.

8 0
3 years ago
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