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spayn [35]
3 years ago
14

How are resources allocated in a traditional economy?

Business
2 answers:
rjkz [21]3 years ago
7 0

traditional morals the system of production of material wealth

mote1985 [20]3 years ago
4 0
Traditional morals the system of production of material wealth
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To remain relevant in today’s e-commerce landscape, many businesses use progressive ________ applications to undertake m-commerc
Y_Kistochka [10]

To remain relevant in today’s e-commerce landscape, many businesses use progressive <u>mobile</u> applications to undertake m-commerce.

<h3>What is e-commerce?</h3>

It should be noted that e-commerce simply means the buying and selling of goods through the internet.

In this case, to remain relevant in today’s e-commerce landscape, many businesses use progressive mobile applications to undertake m-commerce.

Learn more about e-commerce on:

brainly.com/question/23369154

5 0
2 years ago
K Company estimates that overhead costs for the next year will be $3,700,000 for indirect labor and $960,000 for factory utiliti
Ilya [14]

Answer:

Predetermined manufacturing overhead rate= $37.28 per direct labor hour

Explanation:

Giving the following information:

Estimated overhead= 3,700,000 + 960,000= $4,660,000

Estimated direct labor hours= 125,000

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 4,660,000/125,000

Predetermined manufacturing overhead rate= $37.28 per direct labor hour

8 0
3 years ago
Which of the following is a trait shared by most successful entrepreneurs? They quit when things get too confused. They can get
DENIUS [597]

Answer:

THEY CAN GET ALONG WITH MOST PEOPLE.

Explanation:

To be a successful entrepreneurs, there are some traits one has to emulate or have. Some of these traits are: passion, strong work ethic, strong people skills, determination, creativity, competitiveness, self starter, open minded, confidence, discipline.

Successful entrepreneurs are not quitters, they don't quit when things get too confusing, they look for solutions instead.

Successful entrepreneurs take responsibility because they are responsible and in control of their actions.

Successful entrepreneurs don't wait till they have to be pushed, they push themselves with hardwork and determination because if they don't, no one else will push them.

A successful entrepreneur is someone who has excellent communication skills (for selling products to customers and for motivating employees) for effectively communicating their mission and advice to others.

Therefore, the trait shared by most entrepreneurs is THEY CAN GET ALONG WITH MOST PEOPLE.

8 0
4 years ago
A company has the following information: Net credit sales = $400,000 Net income = $100,000 Average total assets = $80,000 Averag
andre [41]

Answer:

The average collection period of the company is 18 days

Explanation:

The formula for computing the average collection period of the company is as follows:

Average Collection period = 365 / Accounts receivable turnover ratio

where

Accounts receivable turnover ratio is computed as:

Accounts receivable turnover ratio = Net credit sales / Average accounts receivable

Putting the values above:

Accounts receivable turnover ratio = $400,000 / $20,000

Accounts receivable turnover ratio = 20

Now putting the values of the Accounts receivable turnover ratio in the formula of average collection period:

Average collection period = 365 / 20

= 18.25 or 18 days

8 0
3 years ago
_____ attempts to provide management with accurate forecasts of trends that relate to external changes in geographic areas where
bagirrra123 [75]

Answer:

The correct answer is letter "C": Environmental scanning.

Explanation:

Environmental scanning refers to an analysis carried out by companies in an immediate and external atmosphere that will allow them to detect threats to counteract or mitigate them and opportunities from which the company can make a profit. Organizations engaged in environmental scanning are constantly reviewing different means of communication and conducting research that will keep them updated on market fluctuations.

6 0
3 years ago
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