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TiliK225 [7]
3 years ago
12

The construction industry traditionally has had:________.a. Lower profit margins significantly below many other industriesb. Has

delivered profits on par with the average of the Standard & Poors 500 index companiesc. Has consistently outperformed the S&P 500 index companies​
Business
1 answer:
Snezhnost [94]3 years ago
6 0

Answer:

a. Lower profit margins significantly below many other industries

Explanation:

Only the retail industry has traditionally yielded lower profit margins than the construction business. In other words, the profit margin of the construction business is lower than almost all other industries.

The thing with construction is that it takes a long time to finish construction works and they are also relatively safe investments. Of course you can lose money, but there is no risk free industry.

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When we are doing the double entry for the closing inventory, why do we credit the inventory? I understand why we debit the clos
anastassius [24]

Answer:

Debiting in this case means to add to the inventory. Therefore, crediting means that inventory was used up when closing inventory.

Explanation:

A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. ... A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account.

3 0
3 years ago
Why might some firms voluntarily pay workers a wage above the market equilibrium, even in the presence of surplus labor? check a
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<span>paying higher wages increases worker turnover YOUR ANSWER

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<span>higher wages attract a more competent pool of workers YOUR ANSWER

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6 0
3 years ago
The speaker has just made a key point. The global middle class will double in the coming years. However, this new middle class r
kakasveta [241]

Answer:

developing new competencies

Explanation:

In simple words, globalization promotes the innovation all around the world along with the promotion of its transfer from one economy to another. Due to this, the firms around the globe extend their businesses by setting their own limits. It helps the enhance their operational activities with new market and a new customer base to attract.

4 0
3 years ago
______ are full-time salaried employees and are paid by the county or state (or by both) to represent defendants who do not have
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They are public defenders.
4 0
3 years ago
When Patrick was talking with his customer about the new accounting system, his customer mentioned that she thought the new syst
cupoosta [38]

Answer:

The question lacks answers:

<em>a. overcoming reservations </em>

<em>b. generating and qualifying leads </em>

<em>c. the presentation </em>

<em>d. the preapproach </em>

<em>e. follow-up</em>

The answer is: a. overcoming reservations

The answer can be formulated as - handling objections

Explanation:

The sales presentation process usually follows the sequence:

<em>generating and qualifying leads  -> the preapproach  -> the presentation  -> overcoming reservations  -> closing -> follow-up</em>

The part of overcoming reservations is one of the most critical parts of the sales process, as it includes the addressing of the potential concerns a lead may have. This is the part when most salespeople end the whole process, as they are mostly not prepared to argument their sales pitch.

In this example, Patrick is confident and persistent in his efforts to emphasize the benefits of the system, even though the client expressed some concern about it. Patrick successfully overcame the client's reservations by explaining the benefits further.

6 0
4 years ago
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