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sp2606 [1]
3 years ago
12

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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Which of the following statements is true of the sources of competitive advantage?
chubhunter [2.5K]

Answer:

Which of the following statements is true of the sources of competitive advantage?

It is possible to improve quality and also enhance speed.

Explanation:

It is possible to improve quality and also enhance speed, competitive advantage helps to improve quality as a result of the competition from others as well as increase in speed at which it will be carry out in order to outsmart other competitor.

3 0
3 years ago
If the contribution margin ratio for france company is 45%, sales were $425,000, and fixed costs were $100,000, what was the inc
Semenov [28]

Answer:

d. $91,250

Explanation:

We can calculate variable costs by using the contribution margin ratio formula.

Contribution Margin Ratio= Sales revenue Less Variable Costs/Sales revenue

45%= $ 425,000- Variable Costs / $ 425,000

45% * $425,000= $ 425,000 -Variable Costs

$ 191250= $ 425,000- Variable Costs

Variable Costs = $ 425,000- $ 191250

Variable Costs = $ 233750

Sales $ 425,000

Variable Costs 233750

Fixed Costs= $ 100,000

Income from Operations= $ 91250

7 0
3 years ago
Jamie knows that his spring break travel packages are the best deal on campus. He also knows his competitor is sloppy, often wai
elixir [45]

Answer:

Correct option is (e)

Explanation:

Advertising message refers to the underlying meaning that needs to be conveyed to the customer. In other words, it's the point that the customer understands after seeing the advertisement.

One of the components of advertising message is appeal which is the element that grabs the attention of the customer. The advertiser emphasis on the appeal that attracts the customer like funny or adventurous appeal.

Here, Jamie is wants to convey the message to the students that travel packages provided by him is the best. He is trying to use informational appeal.

5 0
3 years ago
Which of the following statements is correct?A) Under our current tax laws, when investors pay taxes on their dividend income, t
8_murik_8 [283]

Answer:

The answer is: A) Under our current tax laws, when investors pay taxes on their dividend income, they are being subjected to a form of double taxation.

Explanation:

A general complain by investors is that many times they suffer from double taxation.

If a corporation pays out dividends, it means that it has already paid its corporate income tax. Dividend payments are based on net profit (after taxes are paid).

Once an investor gets his dividends, they generally are included in their gross income. Some qualified dividends are taxed at lower rates. But whatever the rate used, they are being taxed again.

This happens since corporations exist as separate entities from their stockholders, so the corporation and the stockholders are taxed separately.

4 0
3 years ago
Imagine that in 2019 the economy is in long-run equilibrium. Then stock prices rise more than expected and stay high for some ti
V125BC [204]

In the short-run, the effect on the price level and the real GDP is <em>a. Both the </em><em>price level </em><em>and </em><em>real GDP </em><em>rise.</em>

Since the economy is in long-run equilibrium in 2019, and the stock prices unexpectedly rise and stay high for a long time, it means that the price level does not:

  • Rise while the real GDP falls
  • Fall while the real GDP rises
  • Fall with the real GDP.

<u>Question Options</u>:

a. both the price level and real GDP rise.

b. the price level rises and real GDP falls.

c. the price level falls and real GDP rises.

d. both the price level and real GDP fall.

Thus, in the short-term of this economy both the price level and real GDP rise.

Learn more: brainly.com/question/13029724

6 0
3 years ago
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