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RUDIKE [14]
3 years ago
13

ason owns a small landscaping business called GreenScapes. When buying a new pickup truck for his landscaping business, Jason ne

gotiated with Palmetto Dodge, a dealer, with the agreement that GreenScapes would be the service company Palmetto Dodge used for all of its landscaping needs. This is an example ofA) a new task purchaseB) a straight rebuyC) a modified rebuyD) reciprocityE) a straight purchase.
Business
1 answer:
Tomtit [17]3 years ago
4 0

Answer: reciprocity

                       

Explanation: In simple words, reciprocity refers to the agreement in which two parties exchange goods or services in such a way that both of them will gain benefit from such agreement.

In business it can achieved in many ways, for example by combining the efforts and resources or by providing each other some service in exchange for service from the other side.

In the given case, Jason made a deal with dodge to provide service to him in exchange for service by him. Hence we can conclude that the given case depicts reciprocity.

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How can you know if it's a good time to start your business?
Sonbull [250]

Answer:

The  good time to start your business is when When the economy is strong

<u>Explanation:</u>

Beginning a business is like starting a relationship; the appropriate time to establish a business is the point at which you have the opportunity to give your consideration about the business. The best time for beginning a company should not be affected by one’s age.

Individuals of all ages can start a business, and you might be astounded to realize that most entrepreneurs in the US are more seasoned; 51% of proprietors of independent companies have many years of operations and still successful.

6 0
3 years ago
What's the difference between life insurance and business insurance
Pavlova-9 [17]

Answer:

response

Explanation:

Health insurance protects you and your health. pays hospitals and whatnot. Business insurance protects your business and assets under it.

8 0
3 years ago
Lay Perfect Pillow Company sells specialty pillows and accessories to customers. Its fiscal year ends on December 31. The follow
Novosadov [1.4K]

Answer:

Accrual Basis

Explanation:

The cash accounting basis only treats transactions only as and when cash is paid or received. It ceases to recognize liabilities, debtors, investments etc. Which limits the amount of information available to the users.

With the Accrual Basis, it provides very useful information to the users, such as investments made, the capital position of the entity the risk associated with investing in the entity considering the credit rating of the entity through its Liability to Asset computation. Accrual basis also help the user know the quality of management staff available, since information such as Creditors collection period and Turnover rate. Which can tell how efficient the management is working. In addition the Accrual basis includes the cash basis because of the preparation of the cash flow statement.

5 0
3 years ago
The government has recently introduced a marketable permit program for major polluters where one permit gives permission to poll
Tcecarenko [31]

Answer:

40

Explanation:

The calculation of Permits remaining is shown below:-

New number of permits issued = Emits units of Pollutant × Remaining percentage

= 400 × (100% - 25%)

= 400 × 0.75

= 300

Permits remaining = New number of permits issued - Reduction in units

= 300 - 260

= 40

The company sells 40 permits

Therefore, for computing the permits remaining we simply applied the above formula.

6 0
3 years ago
Impact of collusion in terms of output and price on consumers and producers​
ozzi

Answer: See explanation

Explanation:

Collusion refers to the agreements among the sellers of a particular product to either fix or increase the price and also reduce output. The main idea behind this is to increase profits and also reduce the competitiveness in such market.

Collusion can bring about high prices for the consumers and this ultimately leads to the reduction in the consumer surplus. Also, the new firms that want to enter the market may discouraged since the collusion can be an entry barrier.

4 0
3 years ago
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