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babymother [125]
3 years ago
8

What is one of the first decisions an entrepreneur must make answer.com?

Business
1 answer:
defon3 years ago
5 0
To make money you have to spend money
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A firm that achieves superior performance relative to other firms in the same industry or the industry average has a
Nimfa-mama [501]

Answer:

The correct answer is option D.

Explanation:

Competitive advantage refers to the situation when a firm can provide better value to their customers or provide the same product at a lower cost. In other words, the company is able to outperform its competitors.  

Economies of scale can arise because of several factors such as

  • Economies of scale
  • Geographical location
  • Internal systems

Competitive advantage gives a firm the ability to produce more efficiently than its rival and thus the firm has greater profit than its rival.

3 0
3 years ago
A city council designates funds in the enterprise fund for future equipment replacement. The enterprise fund should report this
Ivanshal [37]

Answer: An unrestricted component of net position

Explanation:

Fund balances can be committed, restricted, assigned, and unassigned. The designation of city council has no right to restrict funds.

A restriction of fund can only be imposed through legislation, constitution, or external resource providers, and not by the designation by the city council. In this case, funds would be unrestricted.

6 0
4 years ago
Which of the following is (are) example(s) of a mixed cost? I. A building that is used for both manufacturing and sales activiti
Angelina_Jolie [31]

Answer:

II only;

An employee's compensation, which consists of a flat salary plus a commission is an example of mixed cost.

7 0
4 years ago
Read 2 more answers
Octavia has received an email from a customer, asking her a question about a product. unfortunately, octavia doesn't know the an
4vir4ik [10]
What Octavia should do is send a quick reply explaining that she needs more time to consider the question. Say the customer is asking asking something really complicated, the receiver will might need more time to answer than an easier question.
8 0
4 years ago
Read 2 more answers
Southeastern Oklahoma State​ University's business program has the facilities and faculty to handle an enrollment of 2 comma 100
umka2103 [35]

Answer:

66.67%

Explanation:

Given that,

Enrollment of new students per semester (Desired capacity) = 2,100

Holly​ Lutze, placed a ceiling on enrollment of new students = 1,600

Conflicting schedules allowed only (Actual intake) = 1,400 new students

Therefore,

The utilization rate for Southeastern​:

=\frac{Actual\ Intake}{Desired\ capacity}\times100

=\frac{1,400}{2,100}\times100

= 66.67%

8 0
3 years ago
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