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Sedbober [7]
3 years ago
5

One advantage of credit is that it can give you a float time between buying the product and when you need to pay for it.

Business
2 answers:
Sergio039 [100]3 years ago
6 0

Answer: It's True

Explanation:

erik [133]3 years ago
4 0

Answer:

true

Explanation:

i just took the test

You might be interested in
What does Peter Drucker believe is needed to correct unethical behavior in business?
Valentin [98]

Answer:

The correct answer is b. Imposing stiffer punishments on business executives

Explanation:

Customer retention is the activity that sales organizations carry out in order to reduce the loss of customers. Successful customer retention begins with the first contact an organization has with a customer and continues throughout the life of the relationship. A company's ability to attract and retain new customers is not only related to its product or service, but also with the way in which it serves its current customers and the reputation it creates within and through the markets.

An important topic is simple everyday honesty. Entrepreneurs, they tell us solemnly, should not cheat, should not steal, should not lie, should not bribe. But neither should other people. No man, no woman is free from the obligation to comply with the common rules of personal conduct due to their work or employment. Nor do they cease to be human beings when they are appointed vice presidents, municipal administrators or deans of some faculty. On the other hand, there have always been people who cheat, steal, lie, bribe or are bribed. It is a matter of moral values ​​and moral education of individuals, of the family, of the school. But there is no separate ethic for business, nor is it necessary to exist.

All that is needed is to distribute harsh punishments to those who, company executives or not, have yielded to temptations. Another recurring theme in the discussion about business ethics has nothing to do with ethics. Things such as the use of paid companions to entertain customers are not matters of ethics but of aesthetics. The real question is if I really want to see a pimp when I look in the mirror while I shave.

6 0
3 years ago
Philip Morris expects the sales for his clothing company to be $670,000 next year. Philip notes that net assets (Assets − Liabil
shutvik [7]

Answer:

the ending cash balance is $330,300

Explanation:

The computation of the ending cash balance is shown below:

Ending cash balance = Opening cash balance + Profit

= $270,000 + (9% × $670,000)

= $270,000 + $60,300

= $330,300

We simply added the opening cash balance and the profit so that the ending cash balance could come

Hence, the ending cash balance is $330,300

7 0
3 years ago
Which of these is not an advantage of entrepreneurship
Alchen [17]

Answer: 2

Explanation: You don't automatically gain foresight when you start a business

8 0
3 years ago
A company wants to determine if the average shearing strength of all rivets manufactured is more than 1000 lbs. A sample of 25 r
ser-zykov [4K]

Answer:

B- The average shearing strength of all rivets manufactured must be between 1001.4 and 1006.2.

Explanation:

The company manufactures rivets and it want to analyze the strength of the rivets manufactured. For this purpose the company has carried out hypothesis testing in which the confidence interval resulted to be 1001.4, 1006.2, this indicates that the average strength of each rivet must be between the two values.

4 0
3 years ago
During its first year of operations, a company entered into the following transactions: Borrowed $20,000 from the bank by signin
Alenkinab [10]

Answer:

$62,400

Explanation:

Assets are Economic resources controlled by the entity as a result of past events from which cash is expected to flow into the business.

Assets include the following Amounts:

Cash from Bank Note              $20,000

Cash from Stock Issues           $40,000

Supplies Inventory                     $4,000

Payment for Supplies                ($1,600)

Total Available Assets             $62,400

5 0
3 years ago
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