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uysha [10]
2 years ago
10

When a business owner is asked how the business is doing and she replies,

Business
1 answer:
Rama09 [41]2 years ago
5 0

Answer:

That we are no profit and loss position.

Explanation:

Breakeven point is the point at which the company is at no profit no loss position. If the lady is saying that we are breaking even, its one explanation is that all that we have earned has covered all of our costs. The second explanation is dependant on the fixed cost considered. If the fixed cost considered is for whole of the year and we are breaking even at the 8th month then the contribution in the next four months would be 100% profit.

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Identify two to three factors that affect revenue, expenses, and profit in the business of the Super Bowl:
scoundrel [369]

Answer:

Revenue

  • Ticket Sales - The Super Bowl is one of the most watched sporting events in the world and people pay top dollar to be able to attend it in the stadium. In 2019 the lowest estimate of revenue coming from ticket sales was $65 million.
  • Television Rights - Networks pay to be able to broadcast the Super Bowl as it will bring in a lot of money for them from Ads. Fox, CBS and NBC are said to pay upwards of $2.5 billion every year to broadcast it.
  • Merchandising - Millions are made in revenue from the sales of merchandise leading up to and after the big game.

Expenses

  • Security - With so many people coming to the event, there has to be a provision for both private and public security. This means that Police will have to be paid for overtime and private firms will have to be paid their due.
  • Cleaning - The stadium will have to be cleaned before, during and after the event so cleaning expenses will cost a bit too.
  • Ad Hoc staff - There will be a need for people who will not have a specific job title but will still be needed to run around and embark on errands.

Profits

The profits will depend on how much revenues exceeds costs by so all the above listed factors can affect profit.

5 0
3 years ago
When the manufacturer of Cool Whip introduced a chocolate-flavored Cool Whip and still continued to produce all of its other Coo
Mashutka [201]

If the manufacturer of Cool Whip were to introduce a chocolate-flavored Cool Whip and still continue to produce all of its other Cool Whip products, this would be an example of (C) line extension.

<h3>What is line extension?</h3>
  • The process of expanding an established product line is referred to as line extensions.
  • When a corporation with a well-known brand releases new items in a product segment.
  • The corporation capitalizes on the existing product's value to the market and presents new options to consumers.
  • A corporation launches a brand line extension by using the brand name of an existing product to launch a new, somewhat different item in the same product category.
  • Line extension would be demonstrated if the manufacturer of Cool Whip introduced a chocolate-flavored Cool Whip while continuing to produce all of its existing Cool Whip products.

Therefore, if the manufacturer of Cool Whip were to introduce a chocolate-flavored Cool Whip and still continue to produce all of its other Cool Whip products, this would be an example of (C) line extension.

Know more about  line extension here:

brainly.com/question/14720584

#SPJ4

The complete question is given below:
If the manufacturer of Cool Whip were to introduce a chocolate-flavored Cool Whip and still continue to produce all of its other Cool Whip products, this would be an example of

a. a brand extension.

b. quality modification.

c. line extension.

d. a new-to-the-world product.

e. functional modification.

8 0
2 years ago
Does this​ "stiff competition" mean that the demand curve for​ McDonald's Chicken McNuggets is​ horizontal? Briefly explain.
blagie [28]

Answer: I found the complete question on Google:

By 2017, McDonald's had stopped selling Chicken McNuggets and other products made from chickens fed antibiotics. The change increased McDonald's costs, but an article in the Wall Street Journal noted that "...McDonald's ability to raise its prices is limited because of stiff competition."Source: David Kesmodel, Jacob Bunge, and Annie Gasparro, "McDonald's to Curb Antibiotics in Chicken," Wall Street Journal, March 4, 2015. Does this "stiff competition" mean that the demand curve for McDonald's Chicken McNuggets is horizontal? Briefly explain.

And the correct answer is: "B. ​No, the demand curve is not horizontal because Chicken McNuggets are not identical to other chicken products.".

8 0
3 years ago
The World Trade Organization (WTO) has an important role in international trade. From the list below, select all statements abou
AleksandrR [38]

Answer:

Letter A

Explanation:

The main objective of the WTO is to promote the liberalization of world trade, reducing or extinguishing trade and customs barriers to facilitate economic exchanges at the international level. The agreements involve trade in goods, services, and intellectual property.

It is also important to know that currently, the World Trade Organization has 156 member countries.

5 0
3 years ago
under the securties act of 1933, which statements are true regarding a regulation D private placement exemption? adveristing per
Keith_Richards [23]

Answer:

advertising is not permitted

Commissions can be received in connection with the offering.

Explanation:

Under the securities act of 1993, a regulation D private placements have some rules which included: advertising was not permitted and Commissions can be received in connection with the offering. These were only a few rules as Regulation D allows a "private placement" exemption if an issue is sold to a maximum of 35 "non-accredited" investors.

7 0
3 years ago
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