Answer:
B) $29,500
Explanation:
If we are going to use the mean per unit sampling to estimate the total audited value all we have to do is multiply the total number of accounts by the mean audited value of the sample (50 accounts):
total estimated audited value = 1,000 accounts x $29.50 per account
total estimated audited value = $29,500
Answer:The first of two major components of developing a marketing strategy is to<u> select a target market.</u>
<u>Explanation:</u> After determining business products and services the business needs to identify the target market. Identifying the target market is the major step in developing a marketing strategy.
Steps to select a target market
- Target market is actually those customers whom we want to sell our products.Concentrating on target market will make it easier to sell our products.
- Customers can be targeted on the basis of age,gender,income,occupation,educational level.
- Look at the competition that exist .Identify those areas that have been overlooked by our competitors.
- If business is already existing than identify those products and services which are bought by current customers and the benefits that they are getting from it.
- Finally target those customers who actually need your products and services.
This company uses job rotation. It is the organized movement of staffs and
personnel from one job to a different job inside the
organization to attain numerous human resources purposes. For instance positioning
new employees, improving career development teaching employees, and stopping job dullness
or exhaustion.
Answer:
d) joint property ownership
Explanation:
A partnership is created by two or more individuals who combine resources, skills, and energies to start a business. The motive for starting the business is profits. The partnership deed guides the formation of a partnership business. Partners may also draft an agreement on how they will share profits, losses, or assets should be business be dissolved.
Partners contribute capital required to start and operate the business. The capital contributed may be in the form of cash, assets, or properties. The contributed capital becomes part of the business assets. The assets are registered under the partnerships' name. For Robyn and Austin, the land will be in the name of their business if they have a partnership business. But if they jointly own the land, a court may rule that they are not in a partnership business.
Answer:
$10,000
Explanation:
The National Flood Insurance Program (NFIP) allows property owners to buy insurance that protects them from damage caused by floods. But the NFIP is available only in participating communities.
In this case, the owner will receive up to $10,000 because it is covered under the Emergency Plan.