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3 years ago

Opportunity recognition is the process of identifying, ________, and developing new venture opportunities.

Business

1 answer:

brilliants [131]3 years ago

3 0

Answer:

Selecting

Explanation:

The answer has been added into the question in this paragraph. It is in bold letters. Opportunity recognition is the process of identifying, selecting, and developing new venture opportunities.

when we talk about opportunity recognition we are talking about the ability to perceive new ideas, opportunities for a business or venture. as well as also being on the lookout for ways to improve. a person could just come up with new money making venture, or he could come up with ways to improve an existing venture.

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PLEASE HELP

Ksivusya [100]

Jorge Rodrigues annual salary is:

$S=\$48,000$

We know that 1 year consists of 12 months, so the gross wage per month can be obtained by dividing the annual salary by 12:

$\frac{S}{m}=\frac{48,000}{12}=\$4,000$

1 year also contains 52 weeks, so the gross wage per week is obtained by dividing the annual salary by 52:

$\frac{S}{w}=\frac{48,000}{52}=\$923$

Finally, 1 year contains 26 bi-week periods, so the gross wage per bi-week period is:

$\frac{S}{b}=\frac{48,000}{26}=\$1846$

In this part, we know that Lexi's salary per month is:

$s=\$1600$

We know that 1 year consists of 12 months: therefore, the annual salary contains 12 monthly salary, so we can write

$S=ns$

where

n = 12 is the number of months

S is the annual salary

Substituting s, we find:

$S=(12)(1600)=\$19,200$

Here the Monthly salary of Ryo is

$s=\$2200$

So her annual salary is the monthly salary multiplied by 12:

$S=ns=(12)(2200)=\$26,400$

Then Ryo has been offered a raise of $250 per month, so her new salary per month will be

$s'=2200+250=\$2450$

Therefore, her new annual salary will be

$S'=ns'=(12)(2450)=\$29,400$

So, the amount that Ryo will earn more per year is:

$\Delta S=S'-S=29,400-26400=\$3000$

Being paid salary means that we are paid with a fixed regular payment, usually paid every month.

Being paid by hourly rate instead means that we are paid a fixed amount for every hour of work: therefore, the total monthly salary will depend on the number of hours of work.

Therefore, the main advantages/disadvantages are the following:

- Advantage of being paid salary: the payment is fixed, therefore it is independent on the number of hours worked - so even if one month we work less hours, we still receive the same pay

- Disadvantages: the salary is fixed and cannot be increased by working more - in fact, in the hourly payment, by working more hours it is possible to earn more.

In this problem, the amount of the check in the restaurant is

$c=\$340$

The customer decides to leave a 20% tip, which corresponds to $\frac{20}{100}$ of the amount of check.

Therefore, we can write the amount of the tip left as

$t=\frac{20}{100}c$

Simplifying, we get

$t=\frac{1}{5}c$

And by substituting c = 340, we find the tip left:

$t=\frac{1}{5}(340)=\$68$

In this problem, Sandra is paid per day.

Her pay per day is

$d=\$95$

Which means that she is paid 95 dollars per day.

In this month, Sandra has worked for

n = 22 days

Therefore her total earning for this month will be

$T=nd$

and substituting n = 22 and d = 95, we find:

$T=(22)(95)=\$2090$

First of all, we have to find the total number of pieces produced by summing the number of pieces produced each day.

For Zinke, the total number of pieces produced is:

n = 54 + 55 + 59 + 62+ 60 = 290

The price per piece produced is

p = $1.60

Therefore, the gross pay is equal to the number of pieces times the price per piece:

$P=np=(290)(1.60)=\$464$

Then we have to repeat the exercise for Bello. The total number of pieces produced is:

n = 24 + 28 + 30 + 31 + 27 = 140

The price per piece is

p = $2.80

So, the gross pay is:

$P=np=(140)(2.80)=\$392$

10)

Here the fare for the whole drive was

f = $19.30

However, Steve gave the driver a total of 20$. This means that the tip gave by Steve to the driver is

$t=20\$ - 19.30\$ = 0.70\$$

Here we are asked to determine if the tip is adequate, generous or not enough. In order to evaluate this, we have to calculate what is the tip in % with respect to the fare.

It is:

$\frac{t}{f}\cdot 100 = \frac{0.70}{19.30}\cdot 100 =3.6\%$

The tip is 3.6% of the fare: therefore, the tip is not enough (an adequate tip can be considered between 10 and 20 %).

7 0

3 years ago

Mitchell Company sells its product for $100 per unit. The company's accountant provided the following cost information:Manufactu

LenaWriter [7]

Answer:

Break-even point= 2600 units

Explanation:

The break-even point refers to the units necessary to cover a company's total amount of fixed and variable expenses during a specified period of time.

The formula to calculate the break-even point is the following:

break-even point= fixed costs/contribution margin

Contribution Margin: The contribution margin is a product's price minus all associated variable costs (sales- variable costs), resulting in the incremental profit earned for each unit sold.

Fixed costs: A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold.

In this case:

Contribution margin= $100 - (45+20+10)= $25

Fixed Costs= 25000+15000+25000= $65000

Break-even point= 65000/25= 2600 units

6 0

3 years ago

For each scenario, calculate the cross-price elasticity between the two goods and identify how the goods are related. Please use

Mashutka [201]

Answer:

A) A 20% price increase for Product A causes a 10% decrease in its quantity demanded, but no change in the quantity demanded for Product B. .

The cross price elasticity of demand is zero between product A and product B.(No relationship)

B) Product C increases in price from $5 a pound to $11 a pound. This causes the quantity demanded for product D to increase from 10 units to 18 units.

Definitely, with increase in price of product C, the quantity demanded of product C will decrease.

Cross-Price Elasticity of demand is negative between product C and product D(They are Compliments)

C) when the price of Product E decreases 9%, this causes its quantity demanded to increase by 14% and the quantity demanded for Product F to increase 12%. Cross-Price Elasticity demand = 18/12. Positive. (product E and product F are subtitles)

Explanation:

CROSS PRICE ELASTICITY OF DEMAND = (% change in quantity demanded for Product A)/( % change in price of product B)

If cross price elasticity > 0, then the two goods are substitutes

If cross price elasticity = 0, then the two goods are independent

If cross price elasticity < 0, then the two goods are complements

From this example we can see that the answer 2 tells us that butter and margarine are substitute goods for each other. When the price of margarine went up, more people switched to butter. You can increase the sales of one good, by increasing the price of the other.

6 0

3 years ago

Cadavieco Detailing's cost formula for its materials and supplies is $1,990 per month plus $4 per vehicle. For the month of Nove

Svetach [21]

Answer:

$2366

Explanation:

Given the following :

Cost formular for Cadavieco for its material and supplies is $1,990 per month plus $4 per vehicle.

That is :

Cost formular : 1990 + 4x

Where 1990 is the fixed cost

4x is the variable cost which depends on x, number of vehicles.

In November :

Planned activity = 94 vehicles

Actual activity : 54 vehicles

Therefore, materials and supplies in planning budget for November :

Fixed cost + 4(planned activity)

$1990 + $4(94)

$1990 + $376

= $2366

6 0

3 years ago

Minor Electric has received a special one-time order for 1,500 light fixtures (units) at $5 per unit. Minor currently produces a

lara31 [8.8K]

Answer:

A special order for 1,125 units generates $1,250 in extra profit. This order (1,500 units) increases profits by $2,000

Explanation:

special order for 1,500 units at $5

regular production 7,500 units at $6

spare capacity 2,500 units (total capacity = 7,500 / 75% = 10,000)

production costs of regular units:

variable costs = $3 per unit
fixed costs = $1.50 per unit
total = $4.50 per unit

new machine is required that costs $1,000

regular fixed costs are not affected by special order

profit from special order:

total revenue = 1,500 x $5 = $7,500
relevant costs = 1,500 x $3 = ($4,500)
new machine = ($1,000)
additional profit from special order = $2,000

But Minor only wishes to earn $1,250 from special order, so the number of units should be:

($1,000 + $1,250) / ($5 - $3) = $2,250 / $2 = 1,125 units

6 0

4 years ago