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guajiro [1.7K]
4 years ago
14

Explain why it is important to study your industry before developing a business concept.

Business
1 answer:
Nonamiya [84]4 years ago
7 0

Answer:because if you dont you dont know a [heck nothing} and then your dumb then turn poor!

Explanation:in life its not easy so if that were to be you would fail to do an industry because of your failer and that would give you the cause of being dumb and poor!

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In one day, Sue can change the oil on 20 cars or change the tires on 20 cars. In one day, Fred can change the oil on 20 cars or
mario62 [17]

Answer:

Sue's opportunity cost of changing oil is <u>more</u> than Fred's and her opportunity cost for changing tires is <u>less</u> than Fred's.

Explanation:

Opportunity Cost is the value of next best alternative sacrifised while choosing an alternative. Eg : If I can read English or Science & opportunity cost of reading it is reading Science.

               Oil         Tires          Sacrifise Ratio  (Oil:Tires)  

Sue       20           20             20:20 = 1:1

Fred       20            10             20:10 = 2:1 or 1:0.5

Sue can change oil by sacrifising 1 unit tire, Fred can change oil by sacrifising 0.5 unit of tire. So, Sue's opportunity cost of changing oil is more than Fred's .

Fred can change tire by sacrifising 2 units of oil, Sue can change tire by sacrifising 1 unit of oil. So, Sue's opportunity cost of changing tires is less than Fred's.

4 0
4 years ago
Which of the following most accurately describes agriculture in the South after the Civil War?
Nimfa-mama [501]

I believe the answer is: a. dominated by cotton

After the civil war, the south still hasn't fully adopted the manufacturing industry like the norhtern states did, due to the limited machineries that they possess. Because of this, their economy still dominated by agricultural sectors (mostly cotton). The only difference is that they pay their workers with salary rather than using slaves.

6 0
4 years ago
Read 2 more answers
1. A computerized spreadsheet program is useful for
ololo11 [35]
For Brainliest?
1.<span>B. keeping information confidential.
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2.</span><span>D. connect it to some cause they're interested in.
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3.D demographics for sure!
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That's all the time  I have, Need more help message me, ill keep on working on this homework you posted!
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4.</span>The market research you glean from both primary and secondary research sources will not only provide you with important information, it’s also likely to stimulate new ideas for positioning yourself in the market, coming up with addition- al products and services, changing your focus, or approaching your customers from a different perspective. It can give you a solid foundation from which to strategize your short- and long-term plans and goals.
(4 is A)
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5. D. did not provide clear, measurable choices
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Hope this helps, ill be answering more a little later i have a lot of work today, please stand by,
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6. A. inform you of coming trends (for sure 99%)
3 0
3 years ago
Which model can be used to analyze the direct and indirect costs to help firms determine the actual cost of specific technology
balu736 [363]

Answer:

Option "A" is the correct answer to the following statement.

Explanation:

Ownership costs are the actual cost of a resource added with operating costs. Estimating the ownership costs provide wide view our resources and their value over the time.

in this situation ,Ownership costs reflect a systematic analysis of technology or other expenses across business borders in duration.

6 0
4 years ago
Many organizations are moving away from ______ because too much of it can lead to bored employees with narrow skill sets.
konstantin123 [22]

Many organizations are moving away from <u>Specialization </u>because too much of it can lead to bored employees with narrow skill sets.

Specialization refers to individuals and groups focusing on the restricted variety of manufacturing responsibilities they perform great. This specialization requires employees to give up performing other responsibilities at which they're not as professional, leaving those jobs to others who are higher appropriate for them.

The system of focusing one's occupational attention on a specific location of understanding. An increase in process specialization among employees can make them much less bendy because it has a tendency to lessen their capability to carry out other sorts of work inside the enterprise that fall outdoor their specific specialty. +3 -2.

An organizational structure defines how activity duties are formally divided, grouped, and coordinated. The shape of an organization normally features six exclusive factors: work specialization.

Learn more about the organization here: brainly.com/question/24448358

#SPJ4

8 0
2 years ago
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