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vladimir1956 [14]
3 years ago
15

Identify two benefits of drawing up a business plan.

Business
1 answer:
VashaNatasha [74]3 years ago
5 0

Answer:

Here are four benefits of a business plan:

You can get outside funding. To get funding from lenders or investors, you need to show a business plan. ...

You gain an understanding of your market. ...

You focus your strategies. ...

You can check the financial numbers.

Explanation:

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How much does it cost to hire a private investigator?.
amm1812

Answer:

Average cost is $70 an hour. Although prices can range depending on the complexity of the job.

Explanation:

8 0
3 years ago
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When a central bank influences the growth of the money supply, it is carrying out _____.
a_sh-v [17]
<span>The correct answer is Monetary Policy. Monteray policies are made by institutions like central banks with the goal of adjusting or fighting inflation and deflation rates. Fiscal policies would be policies about public spending or about imports and exports and would be made by the congress and not by the central bank.</span>
3 0
3 years ago
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Below is information relative to an exchange of similar assets by Grand Forks Corp. Assume the exchange has commercial substance
Dovator [93]

Answer:

c. $(5,000)

Explanation:

Calculation for the record of either gain/(loss)

In Case B

Book Value amount was $39,100

Fair Value amount was $34,100

Hence:

Using this formula

Gain/(loss)= Book Value-Fair Value

Let plug in the formula

Gain/(loss)=$39,100-$34,100

Loss=$5,000

Grand Forks would record a loss of $5,000 because the fair value which is the price the buyer is willing to buy the asset is lesser than than book value amount.

8 0
4 years ago
In which stage of the product life cycle would a firm most likely use price reductions and reminder advertising to encourage cus
skad [1K]

In maturity stage of the product life cycle a firm would most likely use price reductions and reminder advertising.

<h3>What is product life cycle?</h3>

A product life cycle can be regarded as length of time from introduction of a product to consumers till the the consumer get the product.

This comes in stages, one of the this stage is

maturity stage of product life cycle where discount is used for consumers.

Learn more about product life cycle at;

brainly.com/question/14567370

7 0
2 years ago
To display desserts in restaurants, Mario Sclafani ordered refrigeration units from Felix Storch, Inc. Felix faxed a credit appl
Illusion [34]

Sclafani is a disclosed principal

<u>Principals are liable for contracts made by an agent when that contract was authorized by the principal. </u>

Explanation:

1) Who was the principal?

Sclafani is a disclosed principal

<u>Principals are liable for contracts made by an agent when that contract was authorized by the principal. </u>

<u> </u>

2) Who is the agent?

<u>The office worker </u>

3) Who is the third party?

<u>When a third party, in this case Felix, enters into a contract with a disclosed principal, in this case Sclafani, who is liable on the contract the principal alone </u>

In this case Felix alleged that Sclafani authorized the officer worker to sign and fax the credit application back to Felix. Felix likely alleged that in the event Sclafani did not give actual authority to the officer worker, the officer worker had apparent authority to contract with Felix.

Apparent authority is established when the principal leads a reasonably prudent person to justifiably believe that an agent has authority to act.

6 0
3 years ago
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