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3 years ago

Why only 4 percent manage to succeed in business of company ??

Business

2 answers:

dolphi86 [110]3 years ago

7 0

Answer:

A lot of businesses don't succeed due to money problems, or no customers.

Explanation:

kati45 [8]3 years ago

4 0

It takes tons of money to build up a business, its hard to get people to work for you, you’ve got to pay people to do things, it costs a ton. it’s hard!

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Garth Corporation sells a single product. If the selling price per unit and the variable expense per unit both increase by 10% a

Sonja [21]

Answer:

D) CM per unit: Increases

CM ratio: No change

BE in units: Decreases

Explanation:

Let us suppose that

In the first case

The selling price per unit is $100

And, the variable cost per unit is $50

The fixed expense is $100,000

So, the contribution margin per unit

= $100 - $50

= $50

The CM ratio is

= $50 ÷ $100

= 50%

And, the break even point in units is

= $100,000 ÷ $50

= 2,000 units

Now if the selling price per unit and the variable expense per unit both increase by 10%

So,

The selling price per unit is $100 × 1.10 = $110

And, the variable cost per unit is $50 × 1.10 = $55

The fixed expense is $100,000

So, the contribution margin per unit

= $110 - $55

= $55

The CM ratio is

= $55 ÷ $110

= 50%

And, the break even point in units is

= $100,000 ÷ $55

= 1,818 units

Hence, the last option is correct

8 0

3 years ago

If a driver with an insurance policy drives infrequently, it can

e-lub [12.9K]

Answer: lower cost

Explanation:

An insurance policy is a contract between an insurance company and a policyholder, which helps the policyholder to be able to make claims when there's an accident or death in case of life insurance.

In the above scenario in the question, if a driver with an insurance policy drives infrequently, it can lower costs.

Therefore, the correct option is B.

3 0

3 years ago

Read 2 more answers

Other than mr. tambourine man, which is another bob dylan song that appears in coriglianoâs song cycle

natita [175]

There's actually 7 one of which is "Blowin in the wind"

7 0

3 years ago

The number of customers who enter a bank is thought to be Poisson distributed with a mean equal to 10 per hour. What are the cha

VLD [36.1K]

Answer:

The probability that 2 or 3 customers will arrive in a 15-minute period is 0.4703

Explanation:

Firstly, we have to determine the segment unit, since the mean is 10 per hour, the segment unit is 1 hour.

The mean(m) = 10

since the period is 15 minutes = 0.25 hour, t= 0.25 hour / 1 hour. Therefore mt= 2*10 = 2.5

The poisson distribution formula P(x) = $\frac{(mt)^{x}e^{-mt} }{x!}$

Therefore the probability that 2 or 3 customers will arrive in a 15-minute period

P(x=2) or P(x=3) = P(x=2) + P(x=3) = $\frac{(2.5)^{2}e^{-2.5} }{2!}+\frac{(2.5)^{3}e^{-2.5} }{3!}$ = 0.2565 + 0.2138 = 0.4703

Therefore P(x=2) or P(x=3) = 0.4703

The probability that 2 or 3 customers will arrive in a 15-minute period is 0.4703

3 0

3 years ago

Read 2 more answers

Chris has a job as a sales representative for a pharmaceutical company. The company offers both quarterly and annual bonuses bas

earnstyle [38]

Answer:

c. remuneration of personnel

Explanation:

Henri Fayol developed the fourteen principles of management.

One of the fourteen principles being, Remuneration of personnel.

Fayol was of the opinion that in order to extract the best performance from employees, appropriate remuneration system must exist in an organization.

This meant emphasizing on employee satisfaction by following fair remuneration practices coupled with adequate incentive system which rewards good performance.

In the given case, the pharmaceutical company offers performance based incentives in the form of quarterly as well as annual bonuses in addition to an existing profit-sharing plan for employees. This is an example of Fayol's principle of Remuneration of personnel.

8 0

3 years ago

Why only 4 percent manage to succeed in business of company ??​

Why only 4 percent manage to succeed in business of company ??