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andreyandreev [35.5K]
3 years ago
9

Justine has just started a company that makes notebooks and other stationery items out of recycled materials. She has decided to

use a profit orientation, and wants to make a 10% profit from all sales. Why is this a bad idea?
Business
1 answer:
Zigmanuir [339]3 years ago
4 0

Answer:

10% is a high-profit margin

Explanation:

Since Justine is just starting her new business this might actually be a bad idea because 10% is a high-profit margin. In new business, you need to start off with very small profit margins in order to attract customers with low prices and grow a loyal customer base. Once the business begins to grow and sales start kicking up then you may begin increasing your profit margins.

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After several expansions and acquisitions that resulted in duplicate positions of several administrative functions, U.S. Big Cor
Dominik [7]

This would amount to a change in This would amount to a change in  Structural Design

<h3><u>Explanation:</u></h3>

A precisely planned organizational structure is necessary for victory in a competing business environment. Structural Design is a process or arrangement by the effectiveness of the hierarchy that an organization, enterprise, teams, bodies cooperate to gain victory on one general goal.

Management Systems’ business structure design means to assist you to build and control your company’s structure so that it improves long-term sustainable achievement and the success of your intentions. The structural design of an organization is defined by the; Environment, Size of the company, Organization practice, Technology, Organizational goals.

6 0
3 years ago
Navarro, Inc., issued $250,000 of eight percent, 20‑year bonds at 98 on June 30, 2012. Interest is payable semiannually on Decem
Phoenix [80]

Answer:

For recording the bond retirement we debited the bonds payable, loss on bonds retirement and discount on bonds payable and credited the cash.

Explanation:

Bonds payable Dr,                       $250,000  

Loss on bonds retirement Dr, $7,000  

Discount on bonds payable Dr, $2,000

         To Cash                                           $255,000

(Being redemption of bonds is recorded)  

Working  Note:-

Issue price of bonds

($250,000 × 100 × 98)      $245,000

Face value                     $250,000

Discount on bonds     $5,000

Discount amortized      $3,000

Unamortized Discount     $2,000

Redemption price

($250,000 ÷ 100 × 102)     $255,000

3 0
3 years ago
Tailor your business to aim your product or service at a certain group of customers, who are called the
MrMuchimi
The answer is B, Primary target market. 
7 0
3 years ago
g Sunk costs are: Please choose the correct answer from the following choices, and then select the submit answer button. Answer
Ivanshal [37]

Answer:

costs that have been incurred and cannot be reversed.

Explanation:

Sunk cost can be defined as a cost or an amount of money that has been spent on something in the past and as such cannot be recovered. Thus, because a sunk cost has been incurred by an individual or organization it can't be recovered and as such it is irrelevant in the decision-making process such as investments, projects etc.

Basically, sunk costs are referred to as fixed costs.

Sunk costs are the opposite of relevant costs because they can't be changed or recovered, as they've been spent or contracted in the past already. Hence, relevant cost are relevant for decision-making purposes but not sunk costs.

Hence, sunk costs are costs that have been incurred and cannot be reversed.

For example, ABC investors decide to acquire land and develop residential houses at a location X. This decision is informed on the fact that the government had recently enacted a policy that led to an increase in demand for residential properties in that location. 6 months into construction of the residential houses, the government reviews and rescinds the policy. This leads to a sharp decline in property values in location X. ABC investors had already incurred 10 million dollars in the project. The 10 million dollars is considered sunk cost.

7 0
3 years ago
A team of engineers has decided to design a new shoe for people suffering
beks73 [17]

Answer:

A. Look at the trial's results to see how the design can be improved.

Explanation:

This type of shoe is special because it is produced for a particular customer profile that has a health problem characterized by foot pain. Thus, engineers need to create a design that can minimize such pain before the product is produced on a large scale. This necessarily goes through a set of impact, damping and comfort tests. Throughout testing engineers will refine the product to the right design that will improve the well-being of clients with foot pain.

4 0
3 years ago
Read 2 more answers
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