Buying an established business means immediate cash flow. The business will have a financial history, which gives you an idea of what to expect and can make it easier to secure loans and attract investors. You will acquire existing customers, contacts, goodwill, suppliers, staff, plant, equipment and stock.
Buying a business is generally considered less risky than starting your own business, especially if you can buy a well-managed, profitable business for the right price. Consider these advantages:
The difficult start-up work has already been done. The business should have plans and procedures in place.
Buying an established business means immediate cash flow.
The business will have a financial history, which gives you an idea of what to expect and can make it easier to secure loans and attract investors.
You will acquire existing customers, contacts, goodwill, suppliers, staff, plant, equipment and stock.
A market for your product or service is already established.
Existing employees and managers will have experience they can share.
Answer:
The cost of goods sold (income statement) should include 1 unit purchased on April 5 at $10.
The merchandise inventory account (balance sheet) should include the 4 units purchased later including their purchase date and specific cost:
- 1 unit purchased on April 10 at $12
- 1 unit purchased on April 15 at $14
- 1 unit purchased on April 20 at $16
- 1 unit purchased on April 20 at $17
Answer:
C.
Explanation:
In marketing, when we are analizing the market segmentation we can divide in 4 categories.
Global Citizens and Global Dreamers are both positive toward international brands.
Global Citizens are concerned with corporate responsibility toward local country while Global Dreamers are less concerned.
The global agnostics don’t base decisions on origin of brand.
And the Antiglobals are negative toward international brands. John was skeptical about the quality of the goods because of the origin of the brand.
Answer:
John´s relation with his boss.
Explanation:
Job dissatisfaction could impact employee and employer as it divert the focus from achieving common objective of organization.
Job dissatisfaction could lead to following:
- Lack of motivation
- Poor productivity.
- Absenteeism.
- Lack of interest.
Major cause of dissatisfaction in the job are:
- Underpaid.
- Lack of growth advancement.
- Poor management.
- Unsupportive boss.
- Overwork
- Work and life balance.
- Lack of recognition.
1. Piecework
2. Salary
3. Hourly
4. Commission
