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3 years ago

Which is not a part of your budget?

Business

1 answer:

rewona [7]3 years ago

4 0

Answer:

d.) discretionary expenses

Explanation:

We can explain going further into what is each item.

A and B are your income (for this question don’t sweat about the difference between gross and realized). They will constitute all the money you have in that period (the period will depend on the regularity of your income, it could be weekly, monthly, etc.).

Your fixed expenses are the things you will expend money on which, no matter what happens, will not change (it could be your rent, tax, health insurance, etc.).

Discretionary expenses, however, are costs that are things that you WANT, not NEED. It could go anywhere from a new shoe to a new boat (if you´re feeling rich, that is lol). That kind of expense will impact your available money (hey, nothing is free) but is not part of your budget as it is not a planned cost.

However, is important to note that if you wanna be super Monica Geller with your money you should forecast your discretionary expenses. Using your history as a base for calculating will eliminate most of the margin error.

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As part of developing your company's marketing strategy, you are tasked with analyzing the new-product capabilities, channel str

8090 [49]

Answer:

Marketing Skills

Explanation:

Marketing skills refer to the tact to create the market for the product or service, which involves various activities as like:

Analysing the market, analysing the customer needs, knowing the customer tendency and spending capacity, etc:

In the given instance, all the factors disclosed are related to marketing skills.

With all the factors and knowledge the company aims to gain maximum customer satisfaction and reach maximum potential customers.

8 0

4 years ago

If Glass Inc. produces 80 window panes per day at the market price of $60 in a perfectly competitive market, what would happen t

Verdich [7]

Answer:

Price will not change

Explanation:

A perfectly competitive market is a market where there are many firms that produce and sell similar products, no barriers to entry and exist, all firms are price takers and none of the firms is big enough or has the power to influence the market or change the price in the market.

The implication is that a firm can decide to increase its output to any level in perfectly competitive market market, but this increased out can only be sold at the market price which it has no power to change.

Therefore, if Glass Inc. Glass Inc. increases production to 120 window panes from 80, the price will still remain at $60, every other thing remain constant.

I wish you the best.

8 0

3 years ago

When the effective interest rate method of amortization is used, the amount of interest expense for a given period is calculated

-BARSIC- [3]

Answer: The statement given in the following question is false.

Explanation: While computing the effective interest rate method of amortization; we use the the market rate of interest thereby multiplying it by value of the bond at the beginning of the given period. In the given question it's said that we consider the face value , which isn't right.

Therefore the statement given in the following question is false.

8 0

3 years ago

The manager of a gas station has observed that the times required by drivers to fill thier car's tank and pay are quite variable

Serhud [2]

Answer:

48.65%

Explanation:

Since the average time it takes car drivers to fill their tanks is exponentially distributed at 7.5 minutes, we can elaborate an exponential formula to calculate the number of times a gas tank can be filled in a certain period of time:

e⁻ˣ/ⁿ

e = 2.718
x = 5 minutes
n = 7.5 minutes

= 2.718⁻⁵/⁷°⁵ = 0.5134

now, the probability that a driver can fill his/her tank in less than 5 minutes = 1 - 0.5134 = 0.4865 or 48.65%

4 0

3 years ago

Read 2 more answers

porter’s competitive strategies outline four different generic corporate strategies. this activity is important because knowledg

PilotLPTM [1.2K]

Porter’s competitive strategies that are appropriate responses respectively

1) Differentiation 2) Focused-differentiation

3) Cost-leadership 4) Cost

<h3>What is porter’s competitive strategies ?</h3>

Using the constraints of its preferred market scope, a company attempts to gain a competitive edge according to Porter's generic tactics. There are three types of generic strategies: focused , differentiating, or lower cost.

One of two strategies for gaining a competitive edge is available to businesses: either decreasing costs in comparison to its rivals or differentiating along consumer dimensions in order to charge a higher price.

Additionally, a business chooses between two possibilities for its scope: focused (supplying its products to certain market segments) or industry-wide.

The decisions made in light of the kind and extent of competitive advantage are represented by the generic strategy. The concept was first presented by Michael Porter in 1980.

To learn more about porter’s competitive strategies

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5 0

2 years ago