Answer:
The correct answer is letter "A": transformation process.
Explanation:
In Business, the transformation process refers to all the steps individuals and organizations take to offer a good or service. Production is the process between raw materials and final goods in the case of manufacturing entities and preparation or acquisition of knowledge until a final service is rendered while talking about those industries.
Answer:
The main difference between a retail bank and a credit union is that retail banks are for profit organizations while credit unions are non-profit organizations.
Credit unions are usually owned by their members, and not by shareholders. While retail banks are usually owned by shareholders.
Retail banks can service anyone, while credit unions only service their members.
Answer:
11.11%, higher than industry's average
Explanation:
The cash return on assets (ROA) ratio is used to compare how the company performs with relation to its direct competitors in the same industry.
the formula to calculate ROA = cash flow from operations ÷ total average assets
ROA = $50,000 / [($400,000 + $500,000) / 2] = $50,000 / $450,000 = 11.11%
Since Tech Track's ROA is 11.11%, it is higher than the industry's average, so that mean that it manages its cash flows more efficiently than their average competitors.
<h3><u>Answer;</u></h3>
An artist who runs a business that paints murals in office buildings and restaurants
<h3><u>Explanation;</u></h3>
- <em><u>An entrepreneur is an individual who organizes or operates a business or a business venture by identifying an opportunity in the market. The entrepreneur starts a business by risking his/her own money for the business venture.</u></em>
- We can say that an entrepreneur combines the factors of productions, that is land, labor, and capital to produce products.
He or she has the capacity and willingness to develop, organize and manage a business venture along with any of its risks for the purpose of making profit.