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3 years ago

The management dilemma is always a problem, not an opportunity. Group startsTrue or FalseTrue, unselectedFalse, selected

Business

1 answer:

Otrada [13]3 years ago

3 0

Answer:

False

Explanation:

Management dilemma can be regarded as complicated issue that is been developed when more than a goal is set to be accomplished by manager at a time, and at that present time no right answer. It should be noted that management dilemma can aw well be regarded as either a problem or opportunity that needs a business decision.

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The markets for prostitution in Nevada and New Jersey have two important differences: 1) prostitutes in New Jersey face higher c

natima [27]

Answer:

Given these facts, which state would you expect the price of prostitution services to be higher? Why?

Since the risks associated to prostitution are higher in New Jersey, we could assume that the price for these services will be higher there. The supply curve of prostitution shift to the left, increasing the price and decreasing the quantity.

Which state would have the higher amount of services consumed (adjusted for population differences)? Why? What are the underlying economic issues of this market?

Since the price is higher in New Jersey, the quantity demanded will be lower. Also, the risks associated to consuming the service will shift the demand curve to the left, reducing the quantity.

7 0

2 years ago

Tinker's cost of goods sold in the year of sale (2019) was $790,000 and 2018 cost of goods sold was $810,000. The inventory at t

gladu [14]

Answer:

91 days

Explanation:

Here, we are to calculate the average number of days it will take to sell its inventory in 2019.

We proceed mathematically as follows;

Inventory turnover=COGS/Average inventory

Average inventory=(192,000 + 202,000)/2=$197,000

hence inventory turnover=(790,000/197,000)= 4.01

hence average days to sell=365/4.01 =91 days (approx)

6 0

3 years ago

The net operating loss (NOL) provisions of the Internal Revenue Code a.Are primarily designed to provide relief for trade or bus

Amanda [17]

Answer:

The correct answer is letter "B": Are primarily designed to provide relief for trade or business losses.

Explanation:

The Net Operating Loss or NOL was enacted to offset the differences between taxpayers' deductions due to progressive rates involved in tax calculations. The excess accounted are used as part of tax payment for the company's future tax periods. NOLs could be the result of theft, confiscation or trades. Thus, NOL provisions attempt to partly cover those business losses.

7 0

3 years ago

A firm currently employs four workers in a sandwich shop, and produces sandwiches at a total cost per sandwich (ATC) of $3. The

tatuchka [14]

Answer:

all are correct A, B and C

Explanation:

The marginal cost hiring another worker and producing a sandwich = $5.50 per sandwich, which is higher than the marginal revenue.

If the selling price per sandwich is $5 and the marginal cost per sandwich is $5.50, the firm will lose $0.50 for every sandwich that it sells.

Therefore the firm would be losing money is they hire an extra worker.

In order to maximize the profit, the marginal cost = selling price.

5 0

3 years ago

What can an entrepreneur do to reduce risk?.

Oksana_A [137]

An entrepreneur can create a strong business strategy to reduce risk.

Entrepreneurs are the individuals who start new firms, taking on the majority of the risks and reaping the greatest gains. Entrepreneurship is the act of starting a business. The entrepreneur is typically thought of as an inventor who develops original ideas for products, services, businesses, and operational needs.

Creating a business strategy is one of the first actions that entrepreneurs may do to lower the risks associated with a new venture. Before beginning, one must determine how much time and money one will devote to their new venture. Market research should also be conducted. This provides insight into the likelihood that your new venture will succeed or fail.