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Lelechka [254]
3 years ago
15

How to make a business tycoon by yourself?

Business
1 answer:
Mila [183]3 years ago
8 0

Answer:

Be Creative: Always be looking for ways to improve your business and to make it stand out from the competition. ...

Get Organized: ...

Be Consistent: ...

Analyze Your Competition: ...

Understand the Risks and Rewards: ...

Stay Focused:

Ability to become a leader: ...

Great decision-maker:

Explanation:

pls give brainliest i need 2 more to be an expert

You might be interested in
If consumers consider beer and wine substitute goods, the products would have a __________ cross-elasticity of demand and an inc
pshichka [43]

Answer:

The correct to the first fill in the blank is positive and answer to second fill in the blank is increase .

Explanation:

Cross price elasticity of demand can be defined as the measurement of change in quantity demanded one good that is in response to the change in price of another good.

Cross price elasticity of demand is said to be positive when the gods are substitute, which means that if there is an increase in price of one good than there will increase in demand of other good, same way if there is decrease in price of one good than there will be decrease in demand of other good.

7 0
3 years ago
As part of her retirement planning, Mrs. Campbell purchases an annuity that pays compounded quarterly. If the quarterly payment
melisa1 [442]

Answer: $88289.8

Explanation:

Here's the complete question:

As part of her retirement planning, Mrs. Campbell purchases an annuity that pays 9.5% compounded quarterly. If the quarterly payment is $3,500, how much will Mrs. Campbell have saved in 5 years?

The future value of an annuity will be calculated using the formula:

= A((1+r)^n)-1)/r

Where,

A = the annuity payment = 3500

r = the interest rate = 9.5% compounded quarterly = 9.5% / 4 = 0.095 / 4 = 0.2375

n = the number of time periods = 4 × 5 = 20

We then substitute the values and we will get:

= A((1+r)^n)-1)/r

= 3000 × (1.02375^20-1) / 0.02375

= $88289.8

7 0
3 years ago
Horatio Alger is the product manager for Brand X, a consumer product with a retail price of $1.20. Retail margins are 35% while
Anna71 [15]

Answer:

Contribution per unit of Bran X = 51 cents

Contribution margin: 51 / 69 = 73.91%

Explanation:

<em>Retail price: 1.20</em>

retail margin of 35% --> thus the cost of good is 1.20 x ( 1 - 0.35) = 0.78

At this price the wholesalers trade to grosery store and others

wholesales margin 11.5% --> the price at which Alger sales the product to wholesalers:

0.78 x (1- 0.115) =<em> 0.6903 producer selling price</em>

Now from this, Horatio has the following variable cost:

variable manufacturing cost:   0.08

shipping and other cost:          0.03

sales persons 10% commision 0.06903

Total variable cost: 0.17903

Contribution per product: .6903 - 0.17903 = 0.51127 = 51 cents

8 0
3 years ago
As the price of good X rises from $1.50 to $1.75 the result is a decrease in the quantity demanded of good X from 650 units to 5
lyudmila [28]

Answer:0.63; rises

Explanation:

As the price of good X rises from $1.50 to $1.75 the result is a decrease in the quantity demanded of good X from 650 units to 590 units. The price elasticity of demand for good X is _____0.63________ and total revenue _____rises_____ as the price of good X rises from $1.50 to $1.75.

5 0
3 years ago
Which of the following is the best definition of transferable skills?
Rainbow [258]

Answer:

Skills that you may have learned in one context that you can take with you to many other contexts and industries.

Explanation:

Considering the available options, the best definition of transferable skills is "Skills that you may have learned in one context that you can take with you to many other contexts and industries."

This is based on the fact that transferable skills are skills and talents or proficiency that are considered suitable and valuable across different situational roles, including social context, and professional context. Good examples are creativity, leadership, and time management.

7 0
3 years ago
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