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creativ13 [48]
3 years ago
6

If we plot John's opportunity cost per window on the vertical axis and the number of windows cleaned each day on the horizontal

axis, we will have John's ______ curve for window-cleaning services.
Business
1 answer:
melomori [17]3 years ago
4 0

Answer:

Supply

Explanation:

The supply curve can be regarded as graphic representation that display

correlation that exist between the cost of a good/service as well as quantity supplied for particular period. on the left vertical axis there is price, while on Horizontal axis there is quantity supplied. The vertical distance between supply curve as well as horizontal axis is the marginal opportunity cost required to add a unit to quantity. The area under the supply curve goes up to quantity supplied is total alternative opportunity cost, and it's Summation of marginal costs.

For instance, If we plot John's opportunity cost per window on the vertical axis and the number of windows cleaned each day on the horizontal axis, we will have John's supply curve for window-cleaning services.

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This is 1 question do not delete, mods. how am I supposed to separate a connect the lines thing without knowing the answers
raketka [301]

Answer:

<em>Executive Summary - 2. </em>

<em>Products and Service - 3. </em>

<em>Market Analysis - 8. </em>

<em>Competitive Analysis - 5. </em>

<em>Goals and Strategy - 1. </em>

<em>Funding Request - 4. </em>

<em>Marketing and Sales - 6. </em>

<em>Organization - 9. </em>

<em>Financial Analysis - 7. </em>

To successfully identify which information belongs to a specific business plan part, knowing the aim and order of each part is essential. You should realize how each part fits in the bigger picture.

Executive Summary - This is usually the beginning part of each business plan. Its deliverable is similar to the deliverable of the elevator <u>pitch</u>, or pitch in general. It should give key information on your company: <u>mission statement</u>, briefly highlight the financials and shortly describe the business operating. It should <u>briefly tackle the problem at hand</u> and just introduce the eventual solution.

Products and Service - It is always needed to explain your existing or planned product or service line, highlighting the benefits and key characteristics of your goods/services. A key component of this part is the <u>suppliers' part</u>, as it should be noted how many financial resources should be allocated to suppliers for materials and other prerequisites.

Essential information regarding products can vary. Some may require a special note on copyright laws, trademarks, or relevant policies in general.

Market Analysis - This is the part describing your comparison of several markets, the choice describing why you opted for that one, and the consumer characteristics in that particular market.

Here you need to utilize the needed statistics, carefully describing the <u>size and potential of a market</u>. Special attention needs to be given to <u>consumer habit</u>s, <u>purchasing power</u> and relevant info telling us why that particular customer segment would opt for our goods/services.

Competitive Analysis - Since every industry or area of business operating has <u>direct and indirect competitors</u> (unless we're making a business plan for a monopoly, which is unlikely), it is essential to tackle their strengths and weaknesses.

Here you need to put info regarding your competitor's business operating, how it gains its competitive advantage (if applicable) and which particular characteristic makes the competitor's customers opt for that business in the first place (unique selling proposition).

Goals and Strategy - This part refers to the concrete <u>recommendations</u> you, as a business consultant, have for the company, given the identified problems and issues.

This should be a real, defined <u>action plan</u> that makes <em>you differ from your competitors</em>, giving you the opportunity to get a competitive advantage. The strategies and tactics included can differ industry-wise and are often related to a specific area of business operating where the company faces critical problems.

Funding Request - Mainly placed on the end or separated from the core of the business plan, the funding request is key when <u>creating startups</u>. This part should put out how many financial resources to put your business on track and how you plan to use them. A funding request should be <u>created to approach investors and banks.</u>

Sometimes, a funding request is used in a broader sense than the business plan, as in that case, the request needs to have a part of the business plan attached, next to the key info (funds needed to start the company).

Marketing and Sales - Once you have conducted the analyses and made the recommendations, an adequate sales and marketing plan should follow. This is extremely important if a key constituent of your strategy is the placement of a new product.

This part should include <u>all things related to the marketing mix</u>: advertising plan, distribution channels, promotion and PR activities... Also, a marketing budget should be carefully allocated and elaborated.

When it comes to sales, you should include the <u>sales strategy</u> and sales target/projection.

Organization - Usually placed at the beginning of the business plan, the organization part should describe the <u>structure</u> and the <u>level of departmentalization</u> in the company. It often includes a diagram visually representing the divisions in your company. Also, it should be described which obligations and duties fall under each department.

Financial Analysis - Often placed at the end of a business plan, this part is critical to the overall effect and integration of the business plan. It includes the<u> financial history</u> and<u> financial success</u> of your company (reports on revenue, EBIT, profit, loss, ROI...), as well as the <em>projections</em> that relate to what will happen after you implement the strategies elaborated in the Goals and Strategy part.

5 0
3 years ago
How can producers maximize their profit? Check all that apply.
I am Lyosha [343]

Answer:

They can work to decrease their marginal cost.

They can raise prices to increase marginal revenue,

They can keep marginal costs below marginal revenues,

Explanation:

Marginal cost is the additional expense incurred by producing an extra unit. Marginal revenue is the extra profit realized by selling an additional product or service. To maximize profits, firms should stop selling and production activities when the marginal cost equal to marginal revenue.  A profit-maximizing firm is profitable when marginal revenue is greater than or equal to marginal cost.

Profit is obtained by deducting expenses from revenue. To increase profits, a firm should put more effort into increasing revenues while minimizing costs.  A profit-maximizing firm should, therefore, work hard to decrease marginal cost and improve its marginal revenue.

8 0
3 years ago
In March 2012, the state of California started requiring that all packaging for food and drink with the additive 4-methylimidazo
Margaret [11]

Answer:

The demand curve for Pepsi and Coke would have shifted to the left, causing the price of both products to decrease and the profits for both companies to fall.

Explanation:

As in the question it is mentioned that the if the Pepsi and Coke do not change the formula and all other things being constant so the demand for the goods in case of the competitive market is that the demand curve is shifted to the left which results in a decrease in the price of both goods also due to price falls the profits for both companies dropped.

4 0
4 years ago
Money invested in a business by either the owner or investers is called
Andrews [41]
Capital? that is what I understand from this website: http://www.businessdictionary.com/definition/capital.html
6 0
3 years ago
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lianna [129]
Spatial data technology
4 0
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