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denis23 [38]
3 years ago
10

For most business enterprises a market is:

Business
2 answers:
neonofarm [45]3 years ago
4 0

Answer:

The correct answer is letter "B": All the above.

Explanation:

Markets are the places where buyers and sellers meet to exchange goods for currencies. For enterprises, the definition tends to be more complex. <em>Companies must take into account the geographical area where their goods are offere</em>d.

Under economic theory, <em>markets are an abstract concept since they are born after ideas concluded from researching economic phenomena and also a sociological concept since the ideas concluded typically come from a sort of meeting or convention that has enough authority to rule the market definition.</em>

EastWind [94]3 years ago
3 0

Answer: The correct answer is "b. All the above".

Explanation: All of these statements represents the concept of market for most business enterprises.

You could say that a market is a territory in which customers with competing and competing interests coexist. It is also an abstract concept and of a sociological nature conformed by conventions and institutions.

A more appropriate definition would be: the market is a theoretical place where the supply and demand of products and services is found and prices are determined.

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The last step in the marketing process often includes: collecting the cash from sales to consumers. developing a written report
pochemuha

Answer: developing a written report to summarize the results of the period's marketing activities.

Explanation:

The last step in the marketing process often is developing a written report to summarize the results of the period's marketing activities.

Developing a written report to summarise the results of the marketing activities is necessary in order to evaluate the performance of the marketing activity and also learn from past mistakes which have previously affected the company.

These are vital in order to capture a good market share in the future and also achieve organizational goals.

6 0
3 years ago
Why is a price floor set above an equilibrium price tends to cause persistent imbalances in the market?
kotykmax [81]

Answer:

A price floor set above the equilibrium price will result in a surplus of supply.  

Explanation.

An equilibrium price refers to the price at which demand for a service or product is equivalent to the quantity of the product or service supplied in the market.

Setting a price floor above the equilibrium price essentially means that the set prices will be higher than what demand is willing to pay for the product or service. Demand will therefore purchase fewer quantity of the product offered by supply at the prevailing price than they would have at equilibrium price.

Since the price floor will raise the product price to considerably higher than the equilibrium price, supply will be willing to provide higher volumes of the product at the prevailing price than at equilibrium price.

This will lead to a mismatch in the market between supply and demand resulting into a surplus.

5 0
3 years ago
other students in school learn that you are making money by selling bracelets. they decide to open their own bracelet businesses
vampirchik [111]
Well there's more competition, because you're not the only one who sells bracelets anymore
5 0
4 years ago
Read 2 more answers
What is the effect of an accrued expense (such as salaries expense) adjustment on the income statement and the balance sheet?
CaHeK987 [17]

Answer: A. Expenses are increased

B. Net income is reduced

E. A liability (such as salaries payable) will be increased.

Explanation:

An accrued expense is an expense that is witten when it was incurred even before it's eventually paid. e.g wages payable.

The effect of an accrued expense such as salaries expense adjustment on the income statement and the balance sheet is that there'll ba na increase in expense. Also, there'll be an increase in liability such as the salaries payable. Since there is an increase in liability, thus will bring about a reduction in the net income.

7 0
3 years ago
Lancaster salesperson Jamie Dafe has begun to branch out into mortgage brokering. She continues to show homes to clients, but ha
SSSSS [86.1K]

Answer:

A) Jamie may not act as a loan broker unless she is properly licensed as one, under the Mortgage Loan Broker Law, set forth under the California Business and Professions Code, Article 7.

Explanation:

The loan application must include information regarding the real estate broker and must be signed by both the borrower and the broker.

Section 10241 (i) of the California Business and Professions Code, Article 7 requires:

<em>"A statement containing the name of the real estate broker negotiating the loan, his or her license number, and the address of his or her licensed place of business."</em>

6 0
4 years ago
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