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3 years ago

Which of the following statements concerning family businesses is correct?

Business

1 answer:

miv72 [106K]3 years ago

7 0

Answer:

3. Most top managers at family firms tend to stay in their positions much longer than those at nonfamily firms.

Explanation:

A key success factors in family firms is understanding the culture. This is usually the foundation of the business.

So when family members occupy a position, they tend to stay on much longer because they have intimate knowledge of the business and the goals and objectives are personal to them.

Also loyalty tends to play a part, family members have close relationships which are long-term.

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Munster Company reports the following net cash in its statement of cash flows: net inflow from operating activities: $200; net o

Murrr4er [49]

Answer:

$170

Explanation:

Given the following information about Munster company:

Net inflow from operating ACTIVITIES = $200

Net outflow from investing ACTIVITIES = $300

Net outflow from financing ACTIVITIES = $50

Ending balance in cash = $20

BEGINNING BALANCE :

Outflows + ending balance - inflow

(Outflow from investing ACTIVITIES + outflow from financing ACTIVITIES + ending balance in cash) - inflow from operating activities

($300 + $50 + $20) - $200

$370 - $200

= $170

3 0

3 years ago

One of Jacinta's regular clients sends her an email accusing her of charging more money for a couch than it is really worth. The

shepuryov [24]

It’s C focus on discussing the
Past.

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3 years ago

Career readiness represents the extent to which you possess the ________ desired by employers.

ollegr [7]

Career readiness represents the extent to which you possess the <u>knowledge, skills, and attributes</u> desired by employers.

<h3>What is Career readiness?</h3>

Career readiness can be defined as the way in which a person acquire or possess the necessary skills, knowledge that an employer desires an employee to posses.

Career readiness is essential for someone that want to build their career or the person that want to reach the highest peak of their career as this enable them to prepare ahead.

Therefore Career readiness represents the extent to which you possess the <u>knowledge, skills, and attributes</u> desired by employers.

Learn more about Career readiness here:brainly.com/question/27841409

brainly.com/question/3299764

#SPJ1

8 0

2 years ago

Which of the following is a characteristic of economic services:

9966 [12]

Answer:

useful

Explanation:

i got it from USA test prep

4 0

3 years ago

When a country is not able to produce a good more efficiently than other nations, but produces the good more efficiently than it

nikitadnepr [17]

Answer:

The answer is comparative advantage.

Explanation:

Comparative advantage is when a country is able to produce goods and services at a lower opportunity cost than its trading partners. That means a labour can produce more goods per hour than a labour in its trading partner's country.

A country with a comparative advantage will be able to charge lower price for what she is specialising on.

3 0

3 years ago