All categories

2 years ago

What is one advantage of starting a business in hard times

Business

2 answers:

uysha [10]2 years ago

4 0

You can find equipment and products at bargain prices.

Since it's hard times, sales are low everywhere in the market, so companies will sell for less.

just olya [345]2 years ago

4 0

Answer:

You can find equipment and products at bargain prices.

Explanation:

Since it's hard times, sales are low everywhere in the market and companies will sell for less.

You might be interested in

Sunland Inc. took a physical inventory at the end of the year and determined that $789000 of goods were on hand. In addition, Su

GenaCL600 [577]

I need points 25;!8;

4 0

2 years ago

What is generally the difference between blue-collar workers and white-collar workers?

gayaneshka [121]

White-collar work is performed in an office, cubicle, or other administrative setting. blue-collar workers, whose job requires manual labors

7 0

2 years ago

It costs a company $30,000 to produce 600 heart rate monitors. The company’s cost will be $30,070 if it produces an additional h

aleksandrvk [35]

Answer: The the minimum price that would induce this company to produce the 601st heart rate monitor is $70.

Explanation: The marginal cost of producing one more unit is equal to 30070 - 30000 = 70.

A company produces to the point where the price is equal to the marginal cost. In other words, the cost of producing one more unit does not exceed the benefit to be obtained from the sale of one more unit.

4 0

3 years ago

Shockglass Company had a beginning inventory of $15,000. During the year, the company recorded inventory purchases of $45,000 an

Otrada [13]

Answer:

A. $10,000

Explanation:

We know that :

cost of goods sold = opening inventory + purchases - ending inventory

hence,

Ending Inventory = opening inventory + purchases - cost of goods sold

therefore,

Ending Inventory = $15,000 + $45,000 - $50,000

= $10,000

The ending inventory must equal: $10,000

8 0

2 years ago

Connie stepped in to assist her friend Fred conduct his research plan for his business. He is trying to see where he should open

Illusion [34]

Connie's next step should be

Not - go back and revisit her plan objectives

Maybe - Conduct primary research and analyze Fred's current customers.

<h3>Explanation:</h3>

It is very essential for an entrepreneur who decides to start a new business to have a business plan that helps him in setting up the businesses in the right track and usage of funds in an effective manner. A business plan acts as a blue print of a new business and the objectives and resource utilization.

In the scenario give, Fred decides to start a new boutique and has conducted researches geographic locations and the type of boutiques supported by the demography. She must not then go back and review her plan objectives as she has decided to start it with a good plan and she may conduct a primary research about the current customers of him.

5 0

2 years ago