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nadya68 [22]
3 years ago
8

Choosing firm goals for your business

Business
2 answers:
Gala2k [10]3 years ago
8 0

D. Eliminates other options is correct. Just took the test.


zmey [24]3 years ago
3 0

<u>The options A, B, & C are correct. Choosing firm goals for your business allows you to diversify as opportunities develop, allows you to be more flexible and prevents you from staying focused.  </u>

Further Explanation:

The main goal of the business is to earn profit and survive for a long period. Every entrepreneur wants to succeed in his business. The goal of the business allows to diversify, stay focus and more flexible.  

Justification for the correct and incorrect answer:

A.

Allows you to diversify as opportunities develop: This option is correct.

If the firm chooses the goals to allow diversify as opportunities develop. It will increase the profit as the opportunity is grasped by the firm and take advantage of it.  

B.

Allows you to be more flexible: This option is correct.  

If the firm is more flexible, the firm is more able to achieve its goal. The flexibility maintains the goals and easy to diversify the business.  

C.

Prevents you from staying focused: This option is correct.

As the firm is more diversified, the firm can do increase the profit by prevents from stay focused only on one work.  

D.

Eliminates other options: This option is incorrect.

This option is not correct, the firm can not eliminate other options. If the firm does this, the firm can not get the available options.  

Learn more:

1. Learn more about the demand curve

<u>brainly.com/question/8794304 </u>

2. Learn more about the exchange

<u>brainly.com/question/3814456 </u>

3. Learn more about economic pie

<u>brainly.com/question/6156396 </u>

Answer details:

Grade: Middle School

Subject: Business

Chapter: Goal of the business

Keywords:

firm, the goal of the business, goals for your business allows, you to diversify as opportunities, develop, to be more flexible, and prevents you from staying focused.  

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= $406.6

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To calculate return of portfolio we first calculate weight of each asset

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Total investment = 8000 + 7000 + 5000 = $20,000

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Now for portfolio return we can use the formula

P(r) = W1 * (Return on W1 asset) + W2 * (Return on W2 asset) + W3 * (Return on W3 asset)

So,

P(r) = 0.4 * (0.0680) + 0.35 * (-0.0152) + 0.25 * (-0.0062)

This gives us

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What will most likely cause a lender to deny credit?
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Answer:

A historic credit score of 300

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A credit score is a numeric record that expresses the reliability of a borrower to repay loans. The credit score or credit rating is determined by, among other things, credit history, income level, and the individual's income to debt ratio.

Credit scores range between 300 and 850. 300 is the lowest and the poorest score. A score of 300 indicates that the borrower has a bad history of debt repayment. They are always late on repayments,  miss on installments, or have defaulted on loans. Lenders consider such persons as high-risk borrowers and are likely to deny them credit facilities.

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