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Norma-Jean [14]
3 years ago
7

Select the correct answer.

Business
1 answer:
PolarNik [594]3 years ago
7 0

Answer:

Elena wants to open a Chinese restaurant near a university. She has the required capital to start her restaurant. However, she is unable to find  

good chefs for her restaurant. Which type of resource is Elena lacking?  

Elena is lacking Labor resource.  

Explanation:  

The Labor resource is the term related with the people needed for running the operation of a business. In this case Elena has the need for the chefs that will help you with the elaboration of the dishes that she wants to offer.  

A business usually needs the following type of resources: labor, capital and land.  

As we said previously Labor is the resource related to people.  

Land is the resource related to the physical space where you want to set up your business. e.g store, online site, offices, building and so on.  

Capital is the resource related to the money or financial investment needed to cover the initial launching costs.  

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The Market for Hotel Rooms. Suppose with no tax the equilibrium price is $110 and the equilibrium quantity is 250. If the local
ch4aika [34]

Answer:

130, 150

Explanation:

Here, in the question the graph is missing. So, in the attachment the graph is attached.

Equilibrium is the state or condition, where there is balance or stable situation, which means that the opposing forces cancel each other force out and no changes or variations happen or occur.

In short, it is defined as the state where the quantity demanded is equal to the  quantity supplied, where there is no loss to the business.

From the graph, we could analyze that the new equilibrium price is 130 and at this price, the new equilibrium quantity is 150.

4 0
3 years ago
Process capability A. exists only in​ theory; it cannot be measured. B. is assured when the process is statistically in control.
never [62]

Answer:

D.

Explanation:

Process capability means the ability to do a particular work without producing or producing less defects. Is defined as the inherent variability of a characteristic of a product.

It represents the performance of the process over a period of stable operations. A process is said to be capable when the output always conforms to process satisfactions.

It measures the goodness of a process comparing the voice of the process with the voice of the customer.

Process capability analysis helps to determined the ability to manufacture parts within the tolerance limits and engineering values.

3 0
3 years ago
Laurie Corp., a major watch manufacturer, purchases Smith Inc., a smaller company that makes watch bands. Following this purchas
solniwko [45]

Answer: True

Explanation: The given case does illustrates business acquisition. Business acquisition refers to the process in which one company purchases majority or all of the shares of another company.

In the given case, Laurie corp. purchased Smith inc. and the part of production is then transferred to the purchased company for the ease of operations.

Hence, from the above we can conclude that the answer is true.

5 0
4 years ago
Which of the following statements reflects the nature of the global economy of the twenty-first century? question 6 options: a n
OlgaM077 [116]
The global economy of the 21st century can be summarized as: <span>an economic system that is more favorable for international business. Trade and imports are at an all time high, especially into the United States from places like China, Japan, and Hong Kong.</span>
4 0
3 years ago
The Bell Weather Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 2
Alecsey [184]

Answer:

Current value per share is $13.33

Explanation:

The two stage growth model of DDM can be used to calculate the price of the share today. The DDM values a stock based on the present value of the expected future dividends from the stock. The price of this stock under this model can be calculated as follows,

P0 = D0 * (1+g1) / (1+r)  +  [ (D0 * (1+g1) * (1+g2) / (r - g2)) / (1+r) ]

Where,

  • g1 is the initial growth rate which is 20%
  • g2 is the constant growth rate which is 5%
  • r is the required rate of return

P0 = 1 * (1+0.2) / (1+0.14)  +  [ (1 * (1+0.2) * (1+0.05) / (0.14 - 0.05)) / (1+0.14) ]

P0 = $13.33

5 0
3 years ago
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