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3 years ago

What is the definition of business

Business

1 answer:

tester [92]3 years ago

7 0

Answer:

See below

Explanation:

Business refers to the practice of producing or purchasing goods and services for sale to make a profit. It is the act of engaging in commercial activities of buying and selling products and services for profits.

Business entails individuals and companies' activities of supplying desired products and services to customers with profit motives. A businessperson identifies a need in the community. He or she sells to the community goods or services that satisfy that need a higher price to make a profit.

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Ivers Co. holds $30,000 of available-for-sale securities. Ivers intends to hold these securities for three years. Ivers should r

bekas [8.4K]

Answer:

long term assets

Explanation:

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4 0

3 years ago

Vision statements are used to create a better understanding of the overall purpose and direction of the organization. Vision sta

artcher [175]

Answer:

d. evoke powerful and compelling mental images

Explanation:

The organizational vision is used so that companies have as aspirations to achieve their objectives and goals that will help companies to reach a desired place that helps the company to expand and obtain new achievements.

Therefore, when making a vision statement, companies combine powerful and attractive mental images to attest to goals that generate value for stakeholders, causing greater identification with an inspiring vision where there are development plans not only for their businesses, but for company in which the company operates eg.

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3 years ago

An unfinished desk is produced for $35.65 and sold for $64.20. A finished desk can be sold for $76.00. The additional processing

Grace [21]

Answer:

Differential revenue from further processing:

= $11.80.

Explanation:

a) Data and Calculations:

Cost of production of an unfinished desk = $35.65

Selling price of an unfinished desk = $64.20

Selling price of a finished desk = $76.00

Additional processing cost = $6.15

Revenue per finished desk $76.00

Revenue per unfinished desk 64.20

Differential revenue $11.80

Differential cost per desk:

Cost of unfinished desk $35.65

Additional cost for producing 6.15

Differential from further processing $41.80

Unfinished Finished Differential

Revenue $64.20 $76.00 $11.80

Cost of production (35.65) (41.80) (6.15)

Net income $28.55 $34.20 $5.65

4 0

2 years ago

Which of these is NOT part of a consumer profile?

Vilka [71]

Answer

Polygraphics

Explanation

Consumer profile is a way in which consumer are categorized according to groups regarding the market and the advertising purposes. By this you create a good picture of your customers which helps you to make good decisions according to the services you are offering. Customer profiling normally includes:

Demographic profiling which is the data concerning the population, age gender and the income of people within a certain population.,

Psycho-graphics profiling this is where the behavior and beliefs of a certain population is captured.

Buying patterns this is normally the consumers behavior in the market its is about the quantity, duration e.t.c.

8 0

3 years ago

Read 2 more answers

The movement and storage of materials into a firm refers to:

Alexus [3.1K]

<span>The movement of storage of materials into a firm is material management. This is a technique that concerns itself with organizing, planning, and controlling how and what materials flow from the time they are originally purchased until they reach their destination.</span>

4 0

3 years ago