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3 years ago

During a decline in the economy, a limited number of jobs will motivate a growing number of ______ to start new businesses.

Business

1 answer:

Rudik [331]3 years ago

6 0

Answer:

Experienced but unemployed people

Explanation:

In times of economic slowdown such as a recession, the rate of employment goes up. Many qualified workers seeking employment will not be hired. Experienced workers lose their jobs as a result of a decline in production.

The experienced worker who fails in securing new jobs ends up starting their businesses. These experienced workers already have knowledge on how to run a business, and would probably have some saving. With their qualification and experience, managing a new business is not very challenging for them.

The 2008 financial crises resulted in the establishment of many new startup businesses.

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In May 2009, General Motors started closing 2,600 of its retail outlets and finally filed for bankruptcy in June. It emerged fro

harina [27]

Reorganization

Explanation:

Revamping may allude to the restoration of an organization's funds as per a liquidation. It can likewise allude to any procedure that influences the duty structure of an organization. Furthermore, revamping may allude to a merger or obtaining or offer of an organization that changes the proprietorship, stock, or lawful and the executive's structure.

The redesign is a conventional court-managed procedure of rebuilding an organization's funds after chapter 11. As per insolvency laws, explicitly Chapter 11, an organization is given security from lenders during the timespan when the organization proposes and a liquidation court audits and affirms a particular revamping plan. The rearrangement is planned to reimburse lenders to the most extreme degree conceivable and to rebuild the organization's accounts, the executives, and tasks to keep a similar issue from emerging once more.

8 0

3 years ago

While other suppliers bidding for the contract brought bids with lower per unit costs, Orchard wanted to take delivery based on

Daniel [21]

Answer:

The correct answer is A) top quality.

Explanation:

There are generally two sales approaches: the first, product-oriented. This takes into account its own characteristics in terms of presentation, quality and utility; and the second, people-oriented, where the real needs of the consumer are studied to determine how he uses the good in order to orient himself towards satisfying a need.

The example clearly shows that the orientation with minimum unit costs was mainly focused on the client, so that the first impression is that of a lower price to motivate their purchase decision. For his part, Orchard clearly shows a product orientation, because he tries to offer quality by sacrificing other variables to supply a need.

6 0

3 years ago

Read 2 more answers

A large-scale bakery is laying out a new production process for its packaged bread, which it sells to several grocery chains. It

Nataliya [291]

Answer:

840 breads size oven.

Explanation:

According to Little's law,

Inventory = flow rate × flow time

Inventory (I) is the number of flow units that are currently handled by a business process.

I= unknown

Flow rate (R) is the number of flow units going through the business process per unit time.

R= 4200 breads per hour or 70 breads per minute (4200/60)

Flow time (T) is the amount of time a flow unit spends in a business process from beginning to end.

T= 12 minutes.

Inventory = flow rate × flow time

Inventory = 70 breads per minute × 12 minutes

Inventory = 840 breads size oven

Therefore, for the company to produce 4200 breads per minute, 840 breads size oven is required.

4 0

4 years ago

The following data were selected from the records of Sykes Company for the year ended December 31, Current Year.

ololo11 [35]

Answer:

Journal Entry

A) Debit Bank 235000, Credit sales 235000

B) Debit Accounts receivable 11500 Credit sales 11500

C) Debit Accounts receivables 26500 credit sales 26500

D) Debit Sales allowance 500, Credit account receivable 500

E) Debit Accounts Receivables 24000, credit Sales 24000

F) Debit Bank 10780, Debit Sales discount 220,Credit Accounts receivable 11000

G) Debit Bank 98000, debit sales discount 2000, credit Accounts receivables 100000

H) Debit Bank 25970 Debit sales discount 530 Credit Accounts receivables 26500

I) Debit Accounts receivables 19000, Credit Sales 19000

J) Debit Sales allowance 3500 , Credit bank 3430, Credit sales discount 70

K) Debit Bank 6000, Credit Accounts receivables 6000

L) Debit Bad debts 3000, Credit Accounts receivables 3000

M) no entry, just estimate

ACCOUNTS RECEIVABLE balance at year end

opening balance 120000

B) SALES 11500

C) sales 26500

D) sales allowance (500)

E) sales 24000

F) Bank ( 10780)

discount ( 220)

G) Bank (98000)

discount ( 2000)

H) bank (25970)

discount (530)

I) SALES 19000

K) Bank (6000)

L) Bad debt (3000)

closing balance 54000

allowance for bad debt (4733)

net closing balance 49267

Allowance for doubtful debt

1 jan 8000

closing 4733

adjustment 3267 recorded in income statement as income

Explanation:

closing balance for provision of doubtful debts net sales * 1.5%

6 0

3 years ago

Question 10 plagiarism is committed when a writer takes _____ from another source (internet, textbook, another student's work) a

iris [78.8K]

Another student’s work

4 0

3 years ago

Read 2 more answers