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4 years ago

How does the economic boom affect a business or your business?

Business

1 answer:

shepuryov [24]4 years ago

4 0

Answer:

The answer is easy and simple to understand.

First of all, it ill be generally good for your business, price levels of materials required and services will remain at a reasonable level so you can afford them.

Moreover, the cost of financing will be bearable and low. Since the interest rates are low, more money can be borrowed to expand your business venture.

Economic book means more employment opportunities, and as the supply of labor increases. the cost or the wage rate can remain at a reasonable and fair level for both the employers and employees.

The currency exchange rates will be stable and will not deviate heavily during the economic boom period, making importing and importing fairly easy for your business.

However, since the economy is rigorous and healthy, more entrepreneurs will enter the market and the competition will be sever.

Moreover, foreign investors and businesses with new technologies, products and practices may enter your market, making it a bit difficult for you.

Explanation:

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Arte-miy333 [17]

Answer:

Complementary

Explanation:

The complementary resource is a term that describes a type of resources contributed by each partner to a business or investment. In other words, it is the resources each partner brings to the partnership that, when merged together, provide for new resources or capabilities that neither firm could readily create alone.

Hence, the right answer is COMPLEMENTARY RESOURCES

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3 years ago

If a firm engages in final assembly in its home operations, then which of the following operations of the firm in a foreign coun

Talja [164]

Answer:

D) Marketing

Explanation:

Vertical foreign direct investment (FDI) refers to companies moving upstream (R&D and manufacturing process) or downstream (distribution and selling process) in different value chain stages in a host country.

In this case, downstream vertical FDI includes marketing activities done at the host country. Upstream vertical FDI would include the purchase of component parts in the host country.

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3 years ago

What should you plan for first when creating a budget

alexira [117]

Answer:

CALCULATE EXPENSES

Your first order of business is finding out exactly how much you’re spending each month. Do this by consulting your bank statements, receipts and financial files. Because some expenses are intermittent, such as insurance payments, you’ll get the most accurate financial picture if you calculate an average for six months to a year. Add up everything you spent for the last six to 12 months and then divide by the amount of months, which will give you your average monthly expenses.

Remember that being thorough when you add up expenses is important in creating a realistic budget. A forgotten bill really throws a wrench into your savings plan. When calculating your expenses, also factor in unexpected bills, such as unplanned car repairs. A good rule of thumb is to add an extra 10 percent to 15 percent. So if you’ve determined that you spend $1,500 a month, add $150 to $225.

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3 years ago

the government believes that the equilibrium price is too low and tries to help almond growers by settinga price floor at Pf. Wh

musickatia [10]

Answer: D) B

Explanation:

The Producer Surplus refers to the area below the Price Floor but above the Supply Curve and left of the new Quantity supplied. It comprises of areas B and E.

Before the Price Floor was introduced, area A, B and C were the Consumer Surplus as they were above the price but below the Demand Curve.

After the Price Floor was introduced however, area B has become a Producer Surplus.

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4 years ago

This year, the Tastee Partnership reported income before guaranteed payments of $161,500. Stella owns a 40% profits interest and

Aloiza [94]

Answer

The answer and procedures of the exercise are attached in the image below.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

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3 years ago