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3 years ago

What are the five activities that business must perform to generate revenue and make a profit

Business

1 answer:

jolli1 [7]3 years ago

7 0

Answer:

manufacturing, correct pricing, marketing, sales and asking past customers for referrals.

Explanation:

Revenues are cash inflows that a business generates during its operations. main activities that make this possible starts from Manufacturing which involves converting raw materials to finished goods. Next activity is correct pricing which will determine if customers will be willing to buy your products or services , Marketing will ensure the existence, use and location of the product is known to the target market. Sales involves customers committing and buying the product. You can also ask customers for new referrals which when turned to successful leads, will generate more revenues.

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Since content theories suggest that motivation results from individual needs, managers should ____________.

LenKa [72]

Answer:

The correct answer is: <em>understand individual employee needs and create work environments that respond to them.</em>

Explanation:

According to ISO 45001, it is necessary for the company to determine:

- Interested parties, in addition to the employees that are relevant to the Occupational Health and Safety Management System.

- The relevant needs and expectations of employees and other interested parties.

- Which of these needs and expectations are, or could become, legal requirements and other requirements

4 0

3 years ago

Identify three types of customers that a business serves.

Maksim231197 [3]

Your Current Customers. These are the most important because they've already made a commitment to you. ...

Brand New Customers. These are the people who are currently purchasing products and services from your competitors. ...

Lost Customers.

4 0

3 years ago

Question 3 of 20

Mice21 [21]

Answer:

B) Your income will decrease, while your expenses will increase

Explanation:

You should start retirement planning early, because as you grow up you may become less skilled or not be able to perform heavy work. As you get older expenses will increase for various reasons, inflation, which will make goods more expensive, forcing you to spend more and also medical bills, treatments, therapies, check-ups or preventive studies, can make you spend more in an older age.

6 0

2 years ago

A firm underwriting of a municipal bond issue usually has a number of different broker-dealers involved. Those who earn the tota

Ymorist [56]

Answer:

Selling syndicate members

Explanation:

Selling syndicate members is a term used in business or finance to describes part of a broker-dealers of a municipal bond issue. They are charged with the responsibilities of selling the bonds allotted to them.

From the sales of each bond, the total takedown, including the additional takedown is earned.

Hence, in this situation, the correct answer is Selling Syndicate Members

5 0

4 years ago

Only 3 days after the attacks of 9-11, Northwestern Mutual began providing death benefits to surviving families of the first res

Luda [366]

Answer:

Empathy

Explanation:

Empathy is the ability of a person of business entity to understand the thoughts, feelings, and emotions of their customers. It is the ability to personalise the customer's situation.

This makes the business go the extra mile in solving the customer's problem.

In this scenario Northwestern mutual felt the pain and understood the financial needs of the families of first responders during the 9-11 attack.

So without official death certificates they paid death benefits only 3 days after the attacks.

Other insurance companies however did not empathise with their customers and only paid death benefits some months to a year.

5 0

4 years ago