1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IgorLugansk [536]
4 years ago
9

What is the process called when a entrepreneur is always scanning or looking for technological, poliitcal, social or demographic

changes that will affect his/her business or to provide information to produce/offer new goods or services?
Business
1 answer:
uranmaximum [27]4 years ago
6 0

Answer: Market research,

When a entrepeneur is looking for how to excel with respect to its competitors as seeing the continuous changes is called market research to improve the business strategy, so it is very important to define the objectives that you want to draw in the company such as increase in revenue, increase in participation or improvement in competitive advantages.

You might be interested in
A broker was paid a commission of 6% of the first $120,000 of a sale price and 4% of all over $120,000. What would the sale pric
sergey [27]

The sale price be if the total commission was $9,000 would be $165000.

<h3><u>What is commission?</u></h3>
  • A type of variable-pay compensation for goods or services sold are commissions.
  • Salespeople are frequently encouraged and rewarded with commissions.
  • Additionally, commissions can be created to promote particular sales habits.
  • For instance, commissions may be decreased while providing significant discounts.
  • Or commissions might be raised when promoting particular goods that the company wishes to sell.
  • The framework of a sales incentive programme, which may comprise one or more commission plans, is where commissions are normally administered (each typically based on a combination of territory, position, or products).
  • As a strategy for businesses to try to realign employee interests with those of the company, payments are sometimes calculated as a proportion of revenue.

The broker's 6% commission came to $7,200 (.06 x $120,000). Subtracted from the total commission of $9,000, it leaves an additional balance of $1,800.

Since that portion was paid at the rate of 4%, dividing $1,800 by .04 yields the home's second cost component of $45,000. Add that to $120,000 and the home's total selling price was $165,000.

Know more about commission with the help of the given link:

brainly.com/question/20987196

#SPJ4

8 0
2 years ago
In one or two sentences, describe how the first-come, first-served distribution method works.
Lady_Fox [76]
This method works by order. What I mean by order is whoever comes directly before anyone else is to be catered to or to be first priority.

I hope this helps.

3 0
4 years ago
Read 2 more answers
What is gained by using the circular flow diagram to illustrate gdp
MariettaO [177]
Gdp? explain more please
4 0
3 years ago
Principles of law that reflect the customs and usages of society and are found in judicial decisions are called:_____
grandymaker [24]

Answer:

The correct answer is letter "C": common law.

Explanation:

Common laws are legal precedents set by courts that are necessarily written but can be taken into consideration at the moment of coming up with the decision of a case. These legal precedents are based on the lifestyle of society and attempt to follow the rules established by the legislature or official statutes.

7 0
3 years ago
A 10K financial report include which of the following financial statements (need help asap!!!)​
Yuki888 [10]

A 10-K is just a <u>more detailed Annual Report</u>, without the visuals.

They includes info regarding the company and it's <u>financial performance</u> over the <u>last year</u>.

<u>Balance Sheet's</u> are <u>financial statements</u> that report a company's assets, liabilities, and equities at a <u>specific point in time</u>.

Therefore, we can conclude that 10-K reports include Balance Sheets

3 0
4 years ago
Other questions:
  • Knightmare, Inc., will pay a dividend of $6.15, $9.05, and $12.25 per share for each of the next three years, respectively. The
    10·2 answers
  • Steve was wrongfully terminated by Sam, his former boss at Big Flop, Inc., falsely stating that Steve embezzled money. When Stev
    10·1 answer
  • 1. Explain the importance of economic growth.
    9·1 answer
  • The following information exists for ABC Company: Selling price per unit: $30 Variable expenses per unit: $21 Fixed expenses for
    8·2 answers
  • What is the difference between economic growth and economic development? Describe two basic ways that economic growth can be acc
    10·1 answer
  • Philip, a French national, is hired by an international corporation based in Japan for its London office. After joining, Philip
    9·1 answer
  • Please hurry my test is timed!
    10·1 answer
  • as consumer demand for new cars increases, tire makers and steel and aluminum suppliers may experience an increase in demand for
    11·1 answer
  • In it, what term refers to a small network that is used for business purposes, typically in the home of a business or employee?
    15·1 answer
  • Rick, a builder, is using two properties as collateral for a loan. this is an example of a(n) ______ loan.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!