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rodikova [14]
3 years ago
9

What does it mean to start a business out of the necessity

Business
1 answer:
gregori [183]3 years ago
3 0

Starting a business out of necessity reffers to making a decision based on specific criteria that has an affect on a certain number of people. In this situation, a person is making the decision they feel is best based on information collected and parts of an oganization that needs to be changed. It's imparative to do your research and decided what and why things need to change and the best way to acheive success in doing so.

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Evaluate Mark’s conduct using the Six Pillars of Character. Did Mark violate any rules in the AICPA Code? Should he be permanent
Schach [20]

Answer:

There are 3 cases

The First case

In this case, the six pillars of the ethical reasoning and characters are caring, responsibility, trustworthiness, citizenship, respect and fairness. Caring pillar requires making decision while taking other people into consideration. It requires the decision made to be kind and compassionate. At the time of making ethical decision it should be kept in mind that less harm should be caused. Responsibility pillar helps an individual to analyze that all the actions have some or the other consequences.

Explanation:

See attached images for the other two cases

8 0
3 years ago
Rebecca decides to introduce a new discount strategy to the customers of her restaurant. Before deciding upon the strategy, she
Lera25 [3.4K]

Answer:

encouraging their participation in the decision making process.

Explanation:

There are several theories about how to overcome employees' resistance to change, and most of them have certain concepts in common:

  • encourage employee participation in the process
  • set challenging but achievable goals
  • try to solve conflicts quickly as soon as they arise
  • be positive about the changes
  • stimulate teamwork
  • be a leader

Whenever changes occur, at home or at work, everyone feels better if their opinions and ideas are considered during the process.

3 0
3 years ago
Which department managers in a hotel would benefit from understanding a bit about financial management? What should they know? W
dolphi86 [110]

Department managers in a hotel would benefit from understanding a bit about financial management in the following way

Explanation:

  • Teamwork: Almost every job within the hospitality industry involves teamwork. ...
  • Multi-tasking: No day is the same within the hospitality industry. ...
  • Flexibility: ...
  • Attention to Detail: ...
  • Industry Awareness: ...
  • Time Management: ...
  • Communication: ...
  • Interpersonal Skills:

Financial management includes

  • Financial management requires forecasting various elements such as demand, inventory availability, market share, and total market.
  • Revenue management is an extremely important concept within the hospitality industry, because it allows hotel owners to anticipate demand and optimise availability and pricing, in order to achieve the best possible financial results.
  • Revenue Management is the application of analytics that predicts consumer behaviour at the micro-market level to optimise product availability and price to maximise revenue growth. The primary aim of a revenue management strategy is selling the right product to the right customer at the right time for the right price.
5 0
3 years ago
Medical profession is a very sensitive profession.Do U agree?Give 5 reason​
Anna [14]

Answer:

Medical profession is very sensitive and intellectual where human life is at risk. A successful effort of a doctor can save a life. Due to that, a doctor is known as 2nd God. When he attempts a major and long surgery, his endurance, hard work and mental ability spotlight his character.

6 0
2 years ago
Lytle River Company operates a public water supply system. Lytle must send to every household that is supplies with water an ann
sveticcg [70]

Answer:

Lytle River Company

c. the source of the water, and any contaminants and health concerns.

Explanation:

When Lytle River Company sends to every household that it supplies with water an annual statement, the statement should indicate the source of the water that Lytle River Company supplies.  It should also contain information about possible contaminants and other health concerns to enable the households understand how the water they drink is treated and how they should use it.  This information is important to safeguard households.  It will also help them to know the parties to be held liable for pollution problems.

8 0
3 years ago
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