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arsen [322]
3 years ago
10

Do some research on the country of Ethiopia and discuss:

Business
1 answer:
Ad libitum [116K]3 years ago
8 0

Answer:

Response to Ethiopia questions.

Explanation:

1. Who in the Ethiopian society has the most difficult time dealing with scarcity?

The poor and uneducated ones have the most difficult time dealing with scarcity

2. What do they need most?

They need access to the basic amenities of life (good roads, steady power supply, low cost housing scheme and food).

3. How can their society provide for their wants and needs?

By paying attention to the above mentioned basic amenities of life and by setting up schemes that would mitigate for these deficiencies, the society will be providing for their wants and needs..  

4. Why are they so impoverished?

Impoverishment is a relative word, but in this context, it is associated with poor leadership and management.  

5. What can their governments do to help, or hinder their country's development?

As earlier mentioned, the government needs to guarantee the provision of basic amenities of life and to develop empowerment structure that would engage them the more.  

6. Could Ethiopia become a world-class producer and exporter of goods?

Certainly, with good leadership and an enable environment, Ethiopia could become a world-class producer and exporter of goods.  

7. How would Ethiopia compare with Japan?

Ethiopia is richly endowed with natural resources that could generate income, unlike Japan that has none.  

8. Japan is a country relatively POOR in natural resources, yet it is an economic world powerhouse. What are the differences between the two countries?

The difference is in the system of government and the provision o an enabled working environment that encourages self-discovery and industrialization.  

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Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (7,800
Luda [366]

Answer:

1.- The operating income would <u>increase </u>for $680

2.- The operating income would <u>decrease</u> for $680

3.- The Operating Income would be $59,500

Explanation:

We are going to use the contribution margin per unit

<u>This way we avoid most of the calculations</u>

1.- Contribution Margin x ΔUnits = ΔOperating Income

CM per units 17 x 40 = <em>680</em>

<em />

2.- Contribution Margin x ∨Units = ∨perating Income

CM per unit x (-40) = <em>-680</em>

<em />

3.- Contribution Margin x Sales Volume - Fixed Cost = Operating Income

17 x 6,800 - 55,700

115.600 - 55,700 =<em> 59,900</em>

4 0
3 years ago
Meacham Enterprises' bonds currently sell for $1,280 and have a par value of $1,000. They pay a $135 annual coupon and have a 15
asambeis [7]

Answer:

The answer is d. 7.45%

Explanation:

B = Current Price of the Bonds  $1,280

C = Coupon payment paid out annually  $135

CP = Call price   $1,050.

T= number of years pending until the call date 5 years

Yield to Call Formula = (C/2) * {(1- ( 1 + YTC/2)^-2t) / (YTC/2)} + (CP/1 + YTC/2)^2t)

$1,280  = ($135/2) * {(1- ( 1 + YTC/2)^-10) / (YTC/2)} +($1,050 /1 + YTC/2)^10) = 7.45%

7 0
3 years ago
The amount by which sales can drop before losses are incurred is the
ohaa [14]

Answer:

Margin of safety Amount by which sales can decrease before a loss is incurred.

8 0
2 years ago
Gilbert has just started saving for a new horse. He plans to make savings payments of $700 each year for the next 5 years and ha
steposvetlana [31]

Answer:

the value that should be saved is $4,001.82

Explanation:

The computation of the amount that should be saved at the year end of 5 years in that case where the rate of interest is 4.5% is shown below:

Value in 5 years is

= (1 + rate) × Annual Payment × [{(1 + rate)number of years - 1} ÷ rate]

= (1 + 0.045) × $700 × [{(1 + 0.045)^5 - 1} ÷ 0.045]

= $731.50 × [0.2462 ÷ 0.045]

= $731.50 *×5.4707

= $4,001.82

Hence, the value that should be saved is $4,001.82

6 0
3 years ago
A task performed by an organization or organizational subunit in support of the organization's overall mission is referred to as
Mars2501 [29]

Answer:

business process

Explanation:

Business process are plans, task that are carried out by an organization or its subunits whose end result is to attain the goals of the organization. Business process are often times a repetition of certain work processes, which is subject to continuous update for effective result.

Some aspects of business process includes business support; which provides support to the business arm of a firm in terms of processing while operational process is the major business part of the business process.

5 0
3 years ago
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