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zzz [600]
3 years ago
10

What are the primary reasons food producers can increase profits by participating in a local direct market?

Business
1 answer:
goblinko [34]3 years ago
4 0

Answer:

What are the primary reasons food producers can increase profits by participating in a local direct market? They get higher prices and keep all the retail sales

Explanation:

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A company has revenue of $1000 in 2009. Our current estimate is that revenues will grow 25% per year. Our profit each year will
Dominik [7]

Answer:

85.3%

Explanation:

since profits = 20% of total revenue, so total revenue = $15,000 / 20% = $75,000

That means that total revenue must grow from $1,000 to $75,000 in just 7 years. We can use the future value formula to determine the growth rate:

future value = present value x (1 + r)ⁿ

$75,000 = $1,000 x (1 + r)⁷

(1 + r)⁷ = $75,000 / $1,000 = 75

⁷√(1 + r)⁷ = ⁷√75

1 + r = 1.853

r = 1.853 - 1 = 0.853 = 85.3%

7 0
3 years ago
Trent runs a small business in which he manufactures hinges to be used in kitchen and storage cabinetry. He stores the hinges in
Sonbull [250]

<u>Full question:</u>

Trent runs a small business in which he manufactures hinges to be used in kitchen and storage cabinetry. He stores the hinges in his warehouse and delivers them to various cabinet makers prior to them completing the cabinets' construction. Trent is a

A. retailer.

B. intrapreneur.

C. service provider.

D. wholesaler.

E. direct marketer

<u>Answer:</u>

Trent is a  wholesaler

<u>Explanation:</u>

A wholesaler acquires the goods from a producer in mass quantity and re-sells it to retailers in tiny portions. Wholesalers obtain a central position in the retailing course set-up. Warehousing is an essential marketing function offered by the wholesaler.

A wholesaler holds a huge accumulation of goods for retailers. Wholesalers support to maintain prices by regulating stocks according to demand. Many wholesalers manage their warehouses for stocking goods. . He also trades goods to the retailer on account. Thus, at both edges the wholesaler serves as a financier.

6 0
3 years ago
Leora had some money in her wallet. She spent $18.62 buying groceries and had $43.55 left. How much money did she have in her wa
kykrilka [37]

Answer:

D. $62.17

Explanation:

To get to this conclusion you just have to add 18.62 with 43.55 to get 62.17.

5 0
2 years ago
Read 2 more answers
Merticao, a French textile company, supplied most of its products to its primary market in Hestonia, a North American nation. Ho
Troyanec [42]

Answer:

The correct answer is: reduced risk

Explanation:

After a correct identification and previous evaluation of the risks related to the export, the company can decide to initiate only activities that present risks inferior to the opportunities that are glimpsed.

The management of export-related risks depends on the risk propensity of the company and also on its competitiveness. There are companies with high demand products and with little competitive pressure that can afford to give up exporting with relatively moderate levels of risk. The opposite will happen with companies that have little differentiated products and that move in highly competitive environments. Companies with strong growth objectives and “risky” owners assume more risks than companies that are satisfied with their market position.

7 0
3 years ago
Suppose that Jeremiah was unfairly terminated before his employment contract expired, and he had to spend $500 to find another j
ad-work [718]

Answer:

<u>Incidental</u> damages

Explanation:

In a situation where an employer doesn't fulfill a contract agreement with an employee, just like in the question above, where Jeremiah was unfairly terminated before his employment contract expired, he has the right to collect "damages" which is legal compensation for financial losses caused by the termination of his employment contract before it expired. Incidental damage is the answer because Jeremiah incurred expenses where he had to spend $500 to find another job as a result of the employer's breach of the contract.

4 0
2 years ago
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