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3 years ago

List the four responsibilities businesses have to customers.

Business

1 answer:

Rainbow [258]3 years ago

4 0

Answer:

good luck bro you got this

Explanation:

to provide after-sale service on the basis of the nature of a product

to provide information about the changes introduced by the business

to take necessary steps to improve quality, reduce price and develop the network for distribution

to supply better quality goods at the right time at a reasonable price

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How Carnegie used vertical integration to reduce competition and make his business more profitable?

fomenos

Carnegie used vertical integration to reduce competition and make his business more profitable Vertical Integration was incorporated into everything from mining the ore and coal, to shipping it to the factories, and etc. With the flow from one business to another Carnegie was able to protect the profit made by keeping it all in a sort of cycle formation within the family. This prevented competitor companies from being able to cut down <span>availability on the market as well as raising prices on the stock.</span>

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3 years ago

You have a chance to buy an annuity that pays $2,500 at the end of each year for 3 years. You could earn 5.5% on your money in o

artcher [175]

Answer:

$6,744.83

Explanation:

We calcualte the present value of a three years annuity discounted at 5.5% considering their cashflow are 2,500

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 2,500.00

time 3

rate 0.055

$2500 \times \frac{1-(1+0.055)^{-3} }{0.055} = PV\\$

PV $6,744.8334

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3 years ago

The role of the entrepreneur in society is to:__________

Cerrena [4.2K]

Answer:

b) bring the factors of production together and take the risks of producing output.

Explanation:

There are basically four factors of production which are required in order to ensure the manufacturing of output, which are land,labor,capital as well as an entrepreneur.

The role of an entrepreneur is to bring together all factors in order to serve the purpose of creating valued-added output that can be sold at a price higher than the cost price in order to make a profit.

All in all, the role of an entrepreneur is not just to provide capital or control land but bring all factors of production together

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2 years ago

This model shows how cold winter air is warmed in the Great Lakes Basin, which creates ideal temperatures for year-round fruit f

Free_Kalibri [48]

Answer:

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3 years ago

What do u mean by book keeping why is it important?

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Bookeeping involves the recording, on a regular basis, of a company's financial transactions. ... With proper Bookkeeping, companles are able to track all information on its books to make key operating, investing, and financing decisions. Bookkepers are individuals who manage all financial data for companies.

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3 years ago

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