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3 years ago

What resources are required to have a successful business?

Business

2 answers:

Levart [38]3 years ago

8 0

Answer:

Labour - Finances - Time...

Explanation:

That is a very good question.

To start off, it is useful to understand what are resources.

Resources are assets that are required for you to function. (e.g. money)

In a business there are many resources that you need to function.

Think off owning a bookshop. Ask yourself, what do I need?

I need money, I need a place to display my books, I need books, I need people... These are resources you need to be successful.

Now, going back to my above answer: Labour, finances and time. These are a few resources you need to succeed. You need labour - people - to set up the business, manage the business, serve customers...

You need finances to set up the legalities of starting up a business. You need finances to buy materials, machinery (if it is a production business), stocks...

You need the time to do all of these things.

Lastly, I have purposefully, gave three resources for the answer. For sure there are more, though I want to keep the options you for open to add

as you see necessary. With no doubt the answer is incomplete, but I want to provoke you to right have your answer.

I hope the answer is clear.

schepotkina [342]3 years ago

7 0

Answer:

work nice be success in your life I don't know answer

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- Name the six business management perspectives that go beyond planning, controlling, and decision making?

wel

Answer 4:

Following are the six business management perspective:

Ethical Stance
Strategic aspects of the decision
Risk Management
CSR Aspect
Process Management Aspects
Leaders Perspective

Answer 5:

IMA stands for Institute for Management Accountants.

The IMA Statement of Ethical Professional Practice has listed following four standards for the professionals who are member of IMA to comply with:

Competence: The member must be competent in his role in accordance to his experience, skills, knowledge, complying laws & regulation and always acting ethically.
Confidentiality: Must not breach the confidentiality implied duty on him except in situations when disclosure of information is mandatory by law.
Integrity: Must be straight forward and there must be no self interest in his dealings with the company and must considerably reduced.
Credibility: Communicate the results with unbiased decision making.

Answer 6:

Because freedom does not means that our self interest is everything. We owe duty of care to people who rely on our acts. An accountant, auditor or internal auditor must act ethically or universally that benefits everyone without breaking the laws and ethical duties imposed by the professional bodies. If we go back to Enron case, we see that the External auditor was not acting in the public interest and as a result Enron which was the world's first $100 billion dollars company collapsed. The collapse of Enron bankrupt many pension companies which further affected the lives of the ordinary person in the USA. Furthermore, due to collapse of Enron, a lot of people withdraw the amount invested in Stock exchange. Dozens of companies and millions of people suffered from this unethical behaviour of professionals.

Answer 7:

Corporate Social Responsibility means that the company is just like an human being and its operations must not harm the environment, so this the least duty which the stakeholders expect from them. Being a good social beings, the companies must try to stable the environment situation in its surrounding and wherever its stakeholders live. For Example, The refinery companies have stopped poluting the oceans with their oil spills, now they have opted to newest technology that will eliminate the harmful effects of their oil spills and bring stability in the environment.

Another example includes the lower usage of natural resources. In UK it is the companies responsibility to reduce its natural resources usage which will lower the pollution. This additional care has a cost and may lead to lower competitiveness of the products so there must be a law globally that enforces to act socially responsible.

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3 years ago

At ch2m hill, dan anderson, planning project manager, suggests that in a flat structure like theirs, at times project manage

belka [17]

The style of leadership that most directly aligned with this behavior is SUPPORTIVE.
A supportive leadership style is one which seeks to reduce the employees' stress and frustration at the work place by motivating them. This style is especially effective, if the type of work that the employees are undertaking is stressful, dangerous and tasking.

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3 years ago

Categorize each statements as a component of Gross Domestic Product (GDP): consumption, investment, government, or net exports.

marishachu [46]

Answer:

The Gross Domestic Product (GDP) is a measure of the value of all final Goods and Services in an Economy in a given period usually a year.

It can be calculated using the Expenditure method which is;

= Consumption + Investment + Government Spending + Net Exports

Consumption

Here, the final goods and services that all households in the Economy purchased and used for the year are included. It is usually the largest component of GDP.

The following will fall here.

- Ice cream

- A domestically manufactured personal computer

- Cab fare for personal use

- A ticket to a local sporting event

- 55 cent tacos

Investment

The Goods that will fall under here include Capital goods purchased or made in an Economy for the purpose of increasing production capacity.

Of the goods listed only one will fall here being;

- A Domestically Manufactured Personal Computer.

Government Spending

This includes all Public Spending in the Economy on goods and services for things such as Health and Defense but excluding transfer payments such as Social Security.

- Public School Teacher's Salary will fall under here.

Net Exports

These are the Exported goods from the country less the goods that it imported. From the above only one item falls under this category;

- Exported Doll House

6 0

3 years ago

I will mark you as brainliest !!

jonny [76]

Answer:

400,000

Explanation:

7% of what number = 28,000

(0.07)(X) = 28,000

X = 400,000

(which is less than 700,000. But that makes sense because not everyone living in Michael's city is necessarily part of the labor force. Some could be kids in school, others grandparents who have retired, others people who stay at home and don't work.)

4 0

3 years ago

Read 2 more answers

Millions of people from Mexico have migrated to the United States. This has reduced the supply of labor in Mexico and increased

frutty [35]

Answer:

Wages in US would decrease

Wages in Mexico would increase

Explanation:

The increase in the supply of labour in the US while demand remains unchanged would lead to an excess of supply over demand. This would cause equilibrium wage to fall and quantity to rise.

While in the US, the supply of labour would fall. This would increase wage.

I hope my answer helps you

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3 years ago