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3 years ago

Which statement about the pet goods market is CORRECT?

Business

1 answer:

klemol [59]3 years ago

5 0

Answer:

I) The market for pet goods has been on the rise in recent years due to the lower costs of producing pet goods.

II) One reason for the growth of the pet goods market has been the increase in the number and availability of goods and services for pets.

III) Like other markets, the pet goods market typically declines when the there are downturns in the economy.

Explanation:

Owning a pet store can be a profitable business regardless of the performance of the larger economy. Pet stores have shown revenue growth even during recessions, as owners have cut back on their own spending before reducing the standard of living for their pets.

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Under lot-for-lot, order sizes for component parts are essentially determined directly from which one of the following? a. gross

Nastasia [14]

Answer: b. Net requirements

Explanation: Lot sizing is used to consolidate the calculated net requirements by a certain unit. It puts into consideration cost reduction and work efficiency. One method of lot sizing is the lot-for-lot where the net requirements occurring for each period are the order quantity which generates greater volume of orders with smaller quantities per order and inventory investment as a result of ordering exact requirements only. The order sizes for component parts are essentially determined directly from net requirements.

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3 years ago

Emotional intelligence (ei) is critical to effective leadership because one of its core components is ________, which reflects t

Lorico [155]

The core component that is critical to effective leadership in the emotional intelligence is empathy. Empathy is where an individual engages understanding towards the feelings of others in which is considered critical as leaders will be more understanding and emotional when exposed to situations.

3 0

3 years ago

What are the four risks taken when saving and investing money?

photoshop1234 [79]

Answer:

inflation risk, equity risk ,interest rate risk ,liquidity risk

Explanation:

Saving money refers to stacking cash away in interest bearing account. This could be in form of a en emergency savings account. An investment on the other hand could be in form of buying stocks or bonds.All these have risks and one of them is inflation risk; occurs when overall prices of goods and services increase and putting money into an account that has a yield lower than the inflation is risky. Investment in stocks also have equity risk due to movement in prices of stocks and the last two are interest rate risk and liquidity risk.

5 0

3 years ago

Identifying and appraising a company’s resource strengths and weaknesses and its external opportunities and threats is called: S

iren2701 [21]

Answer:

The correct answer is b. SWOT analysis.

Explanation:

SWOT analysis is a self-examination to determine the real strengths and weaknesses in order to establish the correct way to direct the operations of a company for the benefit of all. It is a way of visualizing the internal and external factors that affect business management, in order to propose solutions that allow an improvement in operations over time.

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4 years ago

In the LMN partnership, Lynn's capital is $60,000, Marty's is $80,000, and Nancy's is $70,000. They share income in a 4:3:3 rati

Minchanka [31]

Answer:

D. $52,000

Explanation:

As for the provided information,

We have,

Total capital of Nancy = $70,000

Payment to Nancy on retirement = $84,000

Since no goodwill is recorded any extra payment to Nancy will be debited against existing partner's capital account.

Amount debited against Lynn's Capital Account = ($84,000 - $70,000) $\times$ 4/(4+3) = $8,000

Balance of capital after such payment of Lynn's capital account = $60,000 - $8,000 = $52,000.

4 0

3 years ago