What is the primary objective for a for-profit business

Business

1 answer:

sattari [20]3 years ago

4 0

Answer:

the primary objective, or purpose of a for-profit business is to maximize profits for the owners while maintaining corporate social responsibility.

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Even before Michelle could explain why a prospect had not purchased her company's new line of ecofriendly outdoor furniture, her

postnew [5]

Answer:

Informal feedback

Explanation:

In simple words, informal feedback relates to the feedback under which the feedback is not planned by either of the parties involved and the conversation regarding the review just happens occasionally unplanned. I

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Haberdash inc. last year reported sales of $12 million and an inventory turnover ratio of 3. the company is now adopting a just-

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Sales = $12,000,000

Inventory Turnover ratio (old) = 3
Inventory Turnover ratio (new) = 7.5
Freed up Cash = ?
So, let’s find out the freed up cash
 We know level of inventory are calculated as follows;
Inventory = Sales Inventory turnover ratio
Calculating $ value of old inventory
 Inventory Old=$12,000.0003
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 Calculating $ value of New inventory
 Inventory New=$12,000,0075
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 The freed up cash would be=Old Inventory – New Inventory
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What budgeting option is best used only with limited resources and expenses?

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Answer: Mental budgeting.

Explanation: This concept is very much in consistent with the concept of mental accounting. The concept of mental accounting says that a person has already classified the areas where he will be spending his income and each area has its own importance and is given particular amount to that. Contrary to this, however, the mental budgeting is the phenomenon which uses the same technique but in such a way that it calculates the amount to be spend on multiple areas beforehand and using the rational cognitive ability, imagine the possibility that if an area would be left without spending money on that, would that help him save or not.

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When an electrical circuit is capable of conducting current.

mario62 [17]

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