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ratelena [41]
3 years ago
11

-.a) State the main function of a business.

Business
1 answer:
EastWind [94]3 years ago
3 0

Answer:

The main function of a business is to add value to the customers they have chosen to serve.

A business simply satisfies a need or want of people and tries to make something convenient and easy for them.

The more a business understand the requirements, needs and wants of their customers, the more they add value and the more they will remain a successfully company.

Explanation:

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Create a simple sketch showing what Hawkins and Crusoe could produce if the two men lived independently on different sides of th
cupoosta [38]

If two men are producing the same good, but one of them is producing more, with the same constraints, then he has an absolute advantage.

<h3>What is Absolute Advantage?</h3>

This refers to the economic principle which means that one particular entity is able to manufacture a greater quantity of goods in a more efficient manner than their competitors.

Please note that your question is incomplete so I gave you a general description to help you better understand the concept.

Some of the factors that can affect absolute advantage are:

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Read more about absolute advantage here:
brainly.com/question/8141905

8 0
2 years ago
80/20 principle holds that 20 percent of all customers generate 80 percent of the demand. Although the percentages usually are n
Katena32 [7]

Answer: Option (D). Usage-rate segmentation

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4 0
2 years ago
You hold a diversified portfolio consisting of a $10,000 investment in each of 15 different common stocks (i.e., your total inve
yarga [219]

Answer: 1.28

Explanation:

The portfolio beta is a weighted average of the investments in the portfolio.

The new beta will therefore be;

= Portfolio beta - weighted beta of stock being sold + weighted beta of stock to be added

= 1.3 + ( 10,000/150,000 * 1.6) + ( 1.3 * 10,000/150,000)

= 1.3 - 0.11 + 0.09

= 1.28

7 0
3 years ago
What is dismissal in business?​
Oliga [24]

Answer:

A dismissal is when you end an employer's contract, with or without notice. Dismissal from work also occurs when an employee's fixed-term contract expires and you choose not to renew it. When should I dismiss someone?

8 0
3 years ago
Mickey is a 12-year-old dialysis patient. Three times a week for the entire year he and his mother, Sue, drive 20 miles one way
gavmur [86]

Answer:

The right approach will be "$ 1123.2".

Explanation:

The number of miles to be used will be:

= 40 \ miles \ round \ trip\times  3 \ trips \ per \ week\times 52 weeks

= 6240 \ miles

Now,

The item deduction will be:

= Number \ of \ used \ miles\times 18 \ cents \ per \ mile

= 6240\times 1123.2

= 1123.2 ($)

4 0
3 years ago
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