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3 years ago

6. Identify a change in technology during each of the time periods in history below that you believe improved the

Business

1 answer:

Alexxandr [17]3 years ago

3 0

Answer:

Prior to the 1950s, the production orientation generally held true due to the growing numbers of affluent and middle class people that capitalism had created.

Say’s Law states that the “production of commodities creates, and is the one and universal cause which creates, a market for the commodities produced”.

The emphasis of firms adopting a production orientation of marketing would have been based on the theory of economies of scale, which are the cost advantages that an enterprise obtains due to expansion.

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How would inventions such as the smart fitting room affect retail jobs???

Lorico [155]

Answer:

ummm because it is bigger

Explanation:

4 0

3 years ago

The functions of money are to serve as a rev: 06_06_2018 Multiple Choice resource allocator, a method for accounting, and a mean

aliina [53]

Answer:

unit of account, a store of value, and a medium of exchange.

Explanation:

Functions of money

1. Medium of exchange : money can be used to exchange for goods and services. For example, money serves as a medium of exchange when you pay $20 for your favourite jeans

2. Unit of account : money can be used to value goods and services, For example, $20 is the value of your favourite jeans

3. Store of value : money can retain its value over the long term, this it can be used as a store of value

6 0

3 years ago

On January 1, 2018, Jordan, Inc. acquired a machine for $ 1,000,000. The estimated useful life of the asset is five years. Res

klemol [59]

Answer:

Annual depreciation=$188,000

Explanation:

Giving the following information:

Purchasing price= $1,000,000

Salvage value= $60,000

Useful life= 5 years

To calculate the depreciation expense under the straight-line method, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (1,000,000 - 60,000)/5

Annual depreciation=$188,000

6 0

2 years ago

Central City needs to have an income of $3,560,000. The total property is valued for taxation at $92,000,000.What is the tax rat

asambeis [7]

Answer:

3.87%

Explanation:

Data provided in the question:

Income needed by the central city = $3,560,000

Total Value of the property for the taxation = $92,000,000

Now,

The income needed by the central city = Tax collected

The income needed by the central city = Total Value of the property for the taxation × Tax rate

$3,560,000 = $92,000,000 × Tax rate

Tax rate = $3,560,000 ÷ $92,000,000

Tax rate = 0.0387

Tax rate = 0.0387 × 100%

= 3.87%

5 0

2 years ago

ABC company has been breaking even all year. The board of directors has hired a new manager and charged her with the responsibil

Ivanshal [37]

Four important elements can contribute to profitability. Costs are coming down, turnover is going up, production is going up, and efficiency is going up. You can also develop new goods or services or grow into new market segments.

<h3>What are the steps to take to make the firm profitable?</h3>

This manual shows how to evaluate the profitability of your company, provide growth for your bottom line, and plan and manage change. Your profitability may be boosted by careful expense control. Although most organizations may discover some waste to eliminate, it's crucial to avoid compromising the quality of your goods and services in order to save money.

It is efficient to use activity-based costing to determine the true cost of particular company activities. By allocating sections of all your expenditures, including those for employees, real estate, and raw materials, to certain activities, activity-based costing enables you to determine how much it costs you to perform a given business function.

Learn more about maximizing profits, here:

brainly.com/question/28206532

#SPJ1

8 0

1 year ago