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3 years ago

One important difference between the political process and the market process is that

Business

1 answer:

kirill [66]3 years ago

7 0

Answer:

D) the political process results in collective actions in which everyone is obliged to participate while in the market process individuals are free to participate or not.

Explanation:

We live in a democracy and a capitalistic country, which means that we should all participate in political processes, e.g. presidential elections. Many countries set a fine for people not voting, but the US doesn't. But that doesn't mean that citizens should not participate, your moral and civic obligations (rights and responsibilities) allows you to register to vote and you should vote.

On the other hand, since the US is a capitalistic country it does not decide how resources should be allocated. Well, it partially does through taxes and government spending, but for the most part the government does not force anyone to work at a specific job or engage in specific economic transactions. You are free to participate in any economic transaction, including working or not, and the government will not force you to do so or not to do so.

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Part 4: Marketing Strategy Describe the target market strategy for Lee’s business. Paint a very clear picture of who Lee will be

love history [14]

Answer:

Part 4

The focused on crowd would be secondary school and undergrads. Since the store is situated in the city, which is storage room to our present area according to given data. Focusing on youthful crowd would sure offer lift to deals.

Market entrance use organization current assets and abilities to pick up benefit. It is least dangerous as we should simply keep up piece of the overall industry in showcase. It is like focusing on the database or clients we as of now have, the individuals who will purchase the item when we dispatch it.

Market improvement advises us to catch new fragments and territory with the goal that we can build deal by focusing on new clients and at the same time growing organization branches to new areas.

An item improvement center around explicit objective crowd and more often than not it is made for existing clients. It use organization quality and convey explicit items to existing clients.

Broadening is the most dangerous technique as it requires market and item improvement. The market pattern is generally significant right now the organization can endure immense if the item neglects to catch showcase.

The technique is straightforward comprehend the requirements of crowd and afterward convey the item. For this undertaking we need to consider the fulfillment in the region, comprehend what they are offering and how might we beat them by giving better highlights at same or less expense.

Part 5 (since I don't have content that is being alluded, I will give general methodology that will work fine and dandy)

The execution thought would expect us to accomplice up with nearby stores from the start and request that they promote our items until we open new stores in that area. We can have separate area showing our items and structures and what make us novel from other in the market. We can put accentuation on how our image convey quality items and how they are useful for focused crowd. We can likewise select a salesman on most mainstream areas that will help instruct the clients about our item and its advantages. We can likewise actualize new arrangements for opening week like purchase 2 sets and get 40% rebate. We need to push comparative techniques to pick up consideration and afterward promoting our items to new crowd.

Part 6

To assess our system we have to accomplish our objectives in or before time. We need to assess edges and benefits for better outcomes. On the off chance that our methodology can bring new clients and we can hold them after some time. This will help support our development and afterward we can concentrate on catching various markets around there. This will help boosting our offer in the market.

6 0

4 years ago

JWS Transport Company’s employees earn vacation time at the rate of 1 hour per 30-hour work period. The vacation pay vests immed

sesenic [268]

Answer:

Wage Expense ............ $8,150 Dr

Liability ..................................................... $8,150 Cr

Explanation:

If employees earn 1 hour of vacation per 30 hours of work, then vacation earned in 2018 would be 1/30 of wages, that is

($415,000 - $5,500) x 1/30 = $409,500 x 1/30 = $13,650

Of that amount, $5,500 has been paid so

$13,650 - $5,500 = $8,150

The appropriate adjusting entry for vacations earned but not taken in 2018 is

Wage Expense ............ $8,150 Dr

Liability ..................................................... $8,150 Cr

Hope this helps!

3 0

3 years ago

Eliza has a policy that allows her to deduct the premiums she pays that exceed 10% of her adjusted gross income. Once she turns

Umnica [9.8K]

Answer:

Qualified Long-Term Care.

Explanation:

Qualified Long-Term Care includes services that are required for diagnostic, preventive, therapeutic, curing, treating, mitigating, and personal care services that is given to a person that is chronically ill.

A person that is chronically ill is qualified for this insurance plan.

Because of this policy that is used by Eliza she can deduct the premiums she pays that exceed 10% of her adjusted gross income. Once she turns 65, she can deduct the premiums that exceed 7.5% of her adjusted gross income.

6 0

3 years ago

The purpose of determining the critical path on a pert network is to: identify the sequence of tasks that takes the longest to c

natita [175]

Answer:

Identify the sequence of tasks that take the longest to complete

Explanation:

Program Evaluation and Review Technique (PERT) is a project management tool that is used to manage potential contingencies in the process of executing a project. It is used to schedule ,organize and coordinate tasks in a project.

Determining the critical path on a PERT network lists out the time required for different tasks to be completed and as a result , the sequence of tasks that require the longest time are identified.

3 0

4 years ago

Read 2 more answers

On December 31, 2013, Main Inc borrowed $3,000,000 at 12% payable annually to finance the construction of a new building. In 201

madam [21]

Answer:

a) Interest to be capitalized = $183,000

b) The journal entry is in the explanations.

Explanation:

Calculation of the interest to be capitalized in 2014 for construction of the building:

Capitalized Interest= Annual interest rate x Weighted Average Accumulated Expenditure

= (12/100) x $1,525,000 = $183,000

How did we calculate the Weighted Average Accumulated Expenditure for 2014

Particulars Expenditure Months Weighed Amounts

March 1 $360,000 10 10/12 x 360,000= 300,000

June 1 $600,000 7 7/12 x 600,000= 350,000

July 1 $1,500,000 6 6/12 x 1,500,000= 750,000

December 1 $1,500,000 1 1/12 x 1,500,000= 125.000

Accumulated $3,960,000

Expenditure

before interest

Weighted Average Accumulated Expenditure =$1,525,000

B). Journal entry to record the capitalization of the interest as well as its recognition as at December 31st, 2014.

Date Particulars Debit Credit

December 31 Building (Interest) $183,000

Interest Expenses $857,000

Interest Payable $1,040,000

Being the recording of the capitalization of the interest

How did we calculate the interest?

Calculation of the net interest expense for 2014

Particular Amount

$3,000,000 x 12% 360,000

$4000,000 x 13% 520,000

$1,600,000 x 10% 160,000

Total Expense Expense $1,040,000

Less: Interest to be capitalized $183,000

The Net Interest Expense $857,000

3 0

3 years ago