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Ann [662]
2 years ago
15

How would you define Business Development Services?​

Business
1 answer:
Harrizon [31]2 years ago
7 0

Answer:

THE ROLE OF BUSINESS DEVELOPMENT SERVICES. In the context of this study, business development services are defined as those non-financial services and products offered to entrepreneurs at various stages of their business needs. These services are primarily aimed at skills transfer or business advice

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A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 15 loans per da
anyanavicka [17]

Answer:

a) 46.7, 80 b) 20, 60   c) yes

Explanation:

a) % utilization= utilization/design capacity × 100

                       = 7/15 × 100

                       = 46.7%

   % efficiency= efficiency/design capacity × 100

                              = 12/15 × 100

                                  =80%

b) Utilization= 2/10 × 100 = 20%

 Efficiency= 6/10 × 100= 60%

c) A system with higher efficiency ratios will always have higher utilization as these systems will have lesses number of failures

6 0
3 years ago
The slope of the budget line is: negative, since to purchase more of one good means giving up some of the other good. zero, sinc
34kurt

Answer:

Negative, since to purchase more of one good means giving up some of the other good.

Explanation:

A budget line illustrates the number of goods, consumers are able to buy with lower income. Thus the price of goods and customers income to be spent on goods determine the budget line.

The slope of the budget line measures the opportunity cost of consuming Commodity A forgetting Commodity B. In order to get more of Commodity A, the consumer will have reduce the consumption of Commodity B Forefeiting the opportunity to consume Commodity B is the true opportunity cost of Commodity A and this measured by the slope of the budget line.

The slope of the budget line shows the amount of a commodityB the consumer must forfeit to purchase one more unit of a commodity A and the slope is usually Negative.

5 0
3 years ago
For February, sales revenue is $700,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising e
beks73 [17]

Answer:

Total Selling Expenses for the month of February is $241,000

Explanation:

Sales Commissions ($700,000 of sales x 5%)  = $35,000

Sales Manager Salary = $96,000

Advertising expenses = $90,000

Shipping expenses = ($700,000 of sales x 2%) = 14,000

Miscellaneous selling expenses = ($2,500 + $700,000 x 1% x 0.5) = $6,000

Total Selling Expenses (Summation of all the calculated above working)= $241,000

5 0
3 years ago
Economic Order Quantity computes:
Mamont248 [21]

Answer:

D: Optimum Order size​

Explanation:

Economic Order Quantity (EOQ) is a formula applied in logistic and supply chain management to calculate a business's ideal order size. As the name suggests, the order EOQ provides an order quantity that makes economic sense.

Economies of scale suggest that a bigger order size is better because the business will save transport costs. However, ordering in large quantities increases the cost of holding stock. The economic order quantity strikes a balance between these two important factors.

7 0
2 years ago
Alexa has a commercial laundry service that has been growing rapidly. She wants to continue to grow the business, but she needs
Contact [7]

Answer:

Incorporating

Explanation:

4 0
3 years ago
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