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Flura [38]
3 years ago
8

Daniel has decided to open his own bakery using locally sourced ingredients and supplies. He provides income and jobs to local s

uppliers. He also provides his community with a place to buy delicious baked goods. This is an example of:
Business
2 answers:
joja [24]3 years ago
6 0

Answer:

When Daniel decides to open his bakery using locally sourced ingredients and supplies. Providing income and jobs to local suppliers, He also provides his community with a place to buy delicious baked goods.

He is performing local entrepreneurship called the invisible hand.

Explanation:

All right, this type of entrepreneurship sounds like some sort of terror movie but actually, it has a deep meaning. It was brought up by Adam Smith himself and it comprehends a metaphor in which the act of how someone can benefit society by performing different commercial acts for his or her interest. In our case, he is helping the local market and producers, while he is also obtaining a benefit.

exis [7]3 years ago
5 0

Answer: The invisible hand

Explanation: Invisible hand can be defined as those unobservable market forces which helps the forces of demand and supply to reach to an equilibrium level.

In the given case, Daniel is giving work to local suppliers and jobs to residents as well as producing demand in the market by its products, thus, we can conclude that the given case is an example of invisible hand.

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According to Carole Vickers, family/home management history can be divided into four principal eras. Era one (1900-1930s) focuse
djverab [1.8K]

Answer:

The correct answer is b. household production, hygiene, and sanitation.

Explanation:

The eras that Carole Vickers explain are

Era one (1900-1930) focused on household production, hygiene, and sanitation.

Era two (1940- early 1950) focused on household equipment and task management.

Era three (1950-1960) focused on values and decision-making.

Era four (1900-1930s) focused on the systems approach to quality management.

4 0
3 years ago
On April 1, 2020, the premium and accrued interest on bonds sold were received by the Street Improvement Bond Debt Service Fund.
cricket20 [7]

Answer:

Cash Dr. $713,750

Bond Interest Cr.  $213,750

Bond Premium Cr. $500,000

Explanation:

The journal entries are used to record a transaction that occurs in the business operations. It helps to keep a track of the expenses and revenues. The selling of bond premium and bond accrued interest is recorded with a debit and credit entry. The debit the amount of cash received after the sell of bond debt service fund.

8 0
3 years ago
A ________________ is a technological term used in security policy to describe a future state in which specific goals and object
Blizzard [7]

Answer: Target state

Explanation: A business' security policy is a continuously updated document that stipulates how a firm intends to protect both its physical and technological assets from competition and threats. The target state is simply a measurement of all efforts that addresses the question of where an organization would want to be. Thus it describes this future state with objectives and goals met, and the processes, resources and policies etc. that are needed to get to this future state.

8 0
3 years ago
Read 2 more answers
Describe the effects of globalization on air pollution in China’s largest cities. In an informative essay, use outside research
vodka [1.7K]
So is it a paragrph that u want or did u not give the mutipe choice
8 0
3 years ago
Levine Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. Direct
raketka [301]

Answer:

Standard material quantity allowed = 270 units × 8 pounds

                                                          = 2,160

Material Price variance = Actual Quantity (Standard price - Actual price)

                                      = 2,100 (3.90 - 4.00)

                                      = 210 Unfavorable

Material Qty variance = Standard price (Standard quantity - Actual quantity)

                                    = 3.90 (2,160 - 2,100 )

                                    = 234 Favorable

Total Material Variance:

= (Standard quantity × Standard price) - (Actual Quantity × Actual price)

= (2,160 × 3.90) - (2,100 × 4)

= 24 Favorable

Labour rate variance = Actual hours (Standard rate - Actual rate)

                                   = 1390(14 -13.80 )

                                   = 278 Favorable

Labor efficiency variance = Standard rate (Standard hours-Actual hours)

                                          = 14 (1350 -1390)

                                          = 560 Unfavorable

Total Labour cost variance:

= (Standard hours × Standard rate) - (Actual Hours  × Actual rate)

= (1350 × 14) - (1390 × 13.80)

= 282 Unfavorable

3 0
3 years ago
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