1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
____ [38]
2 years ago
6

How is the Sole Trading formed?

Business
1 answer:
daser333 [38]2 years ago
4 0

Answer:

A sole proprietorship is established when an owner begins operating their business.

Explanation:

There are no separate licenses to obtain to form a sole proprietorship. The sole proprietorship will be maintained so long as the owner keeps doing business.

You might be interested in
A system of accounting in which the costs of each process are accumulated separately and then assigned to the units of product t
vova2212 [387]

Answer:

B. Process cost accounting system.

Explanation:

On Process costing the cost added during the month are allocated to the units that passed through the process.

It is use for high volume of homogenueos units, meaning a unit has no diference with another and their cost are the same. This goes with the concept of equivalent units, so the ending inventory can be valuated base on completion.

7 0
3 years ago
according to the midpoint method, the price elasticity of demand for oranges between point x and point y is approximately0.05 ,
Shtirlitz [24]

Yes According to the Mid Point Method The degree to which customers are receptive to price changes is gauged by their price elasticity of demand.

<u>WORKING OF MID POINT METHOD</u>

Demand is considered to be elastic if consumer behaviour changes significantly in reaction to a minor change in price, as opposed to inelastic if customers alter their purchasing behaviour very little in response to a large change in price.

  • The percentage change in quantity subtracted from the percentage change in price represents the price elasticity of demand. The following formula may be used to calculate the percentage change in the number of oranges requested in this area using the midpoint method:

To learn more about Mid Point Method, Click the links

brainly.com/question/27961894

#SPJ4

4 0
1 year ago
If deflation occurs and your income is fixed, your real income:
tankabanditka [31]
<span>Your real income value will increase. The value of your money has now become higher, since deflation is a decrease in the overall money supply. Any income you do have, if it stays the same, will be able to buy more in products than it previously was able to.</span>
6 0
3 years ago
_____ is the supply chain function responsible for acquiring raw materials, component parts, tools, services, and other items re
Elden [556K]

Procurement is the supply chain function responsible for acquiring raw materials, component parts, tools, services, and other items required from external suppliers.

<h3>What is procurement?</h3>

Procurement is a branch of supply chain that deals with buying of materials or goods for production purposes.

Procurement give account of all the logistics involved and the materials bought.

Therefore, Procurement is the supply chain function responsible for acquiring raw materials, component parts, tools, services, and other items required from external suppliers.

Learn more on procurement below

brainly.com/question/21011661

#SPJ1

5 0
2 years ago
your company’s marketing manager implements the company’s new marketing strategy and tactics on the market. what types of inform
stiks02 [169]

The type of information the marketing manager needs to monitor to judge the plan's successful implementation and strategic effectiveness are profits, customer relations, sales information, and competitor reactions.

A marketing strategy is one whose objective is to position the company in relation to competitors, through the creation of value that will help attract and retain consumers.

There are several tools that can help shape an organization's marketing strategy, such as:

  • The 5 P's of marketing.
  • SWOT Analysis.
  • CRM.

Therefore, the manager must monitor profits, company-customer relationships, sales, and competitor reaction to judge the success of a marketing plan, which should generate value and market leadership for an organization.

Learn more here:

brainly.com/question/1577600

8 0
2 years ago
Other questions:
  • Question 5 of 10 Multiple Choice: Please select the best answer and click "submit." Holton is the manager at a small restaurant.
    11·1 answer
  • What is required for a patent?
    9·1 answer
  • 1. Assume the value of a market basket for a given year is $550 and the same basket in the base year was $500. Calculate the CPI
    15·1 answer
  • Activity-based costing strives to create an environment that
    8·1 answer
  • Charlet Company sells office chairs to its customers. On June 10, Charlet purchased 40 office chairs from one of its suppliers,
    6·1 answer
  • On July 1, 2019, Friedman Inc. invested $720,000 in a mine estimated to have 900,000 tons of ore of uniform grade. During the la
    9·1 answer
  • Cullumber purchased a patent from Vania Co. for $1,230,000 on January 1, 2018. The patent is being amortized over its remaining
    14·1 answer
  • Select the pairing that is correctly matched. A. Preferred stock: may be purchased by converting common stock shares into prefer
    15·1 answer
  • If a company selects either of Project 1 or Project 2 (or both), then either Project 3 or Project 4 (or both) must also be selec
    11·1 answer
  • We are sorry, but we cannot answer your request for confirmation of our account as the PDQ Company uses an accounts payable vouc
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!