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3 years ago

It is important to know your own strengths and weakness. True or False

Business

2 answers:

Rama09 [41]3 years ago

7 0

Answer: yes

Explanation: so you can hide them so no one can use them against you

goldenfox [79]3 years ago

6 0

So if you don’t know your own weakness there is something but but it’s true

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An industry is composed of 10 firms, all with equal sales. the four-firm concentration ratio in this industry is

Klio2033 [76]

The four-firm ratio is the concentration ratio between the total sales accumulated by the four largest industrial firms to the total sales of all firms present in an industry. This translates to the mathematical expression of

four-firm ratio = (total sales of four largest firms / total sales)

Since, we are given that all 10 firms have the same sales, we let the sales be equal to x.

total sales of four largest firms = 4x
total sales = 10x

The ratio is then,

four-firm ratio = 4/10

Converting this to percentage will yield us an answer of 40%.

8 0

3 years ago

What are the major differences between a distributionchannel for a business making tangible products anda firm producing hospita

max2010maxim [7]

Answer:

Following are the responses to the given question:

Explanation:

The distribution channel contains several interdependent organizations responsible for the production of a material to be used or use. Different types of goods were available - either qualitative and quantitative. Although two may lead to satisfied customers, the advertising and marketing of goods differ greatly.

There are tangible items that we can see, sound, and feel. For example, in my hand, I could hold a DVD. Immaterial materials are not visible. You can hold insurance papers in the hands, for example, but it doesn't purchase. People can buy family life insurance, and they can see, touch and smell.

The tangible product distribution includes stock or retailer. It includes primarily producers, distributors, suppliers, retailers, or customers.

Generosity or travel products are distributed through companies, marketing officials, distributors, and consumers.

4 0

2 years ago

Modern corporation operates a steel mill. it has never contributed anything to the local community, and it knowingly pollutes bo

svetlana [45]

I guess the correct answer is the narrow view, or invisible hand theory .

The narrow view, or invisible hand theory, holds that producing profit is more important than being socially responsible.

5 0

3 years ago

1. Consider an economy with a population of 100,000 households. 60 percent of households reportan annual income of $25,000 ("low

Leona [35]

Answer:

The total income earned by households in this economy is:

$4,700,000,000

Explanation:

a) Data and Calculations:

Household population = 100,000

Low earners = 60% with annual income of $25,000 each

Mid earners = 30% with annual income of $70,000 each

High earners = 10% with annual income of $110,000 each

60% of the population = 60,000 (100,000 * 60%) households

30% of the population = 30,000 (100,000 * 30%) households

10% of the population = 10,000 (100,000 * 10%) households

Total income earned by the households:

Low earners = 60,000 * $25,000 = $1,500,000,000

Mid earners = 30,000 * $70,000 = 2,100,000,000

High earners = 10,000 * $110,000 = 1,100,000,000

Total income earned in the economy $4,700,000,000

3 0

2 years ago

"which expenses would most likely be classified as prepaid expenses (asset) rather than accrued expenses (liability)?"

MakcuM [25]

Expenses likely to be classified as prepaid expense (asset) are Prepaid Rent & Insurance Premiums. Enter a prepaid rent payment on the balance sheet as an asset until the month when the company is actually using the facility to which the rent relates, and then charge it to expense. Any insurance premium costs that have not expired as of the balance sheet date should be reported as a current asset such as Prepaid Insurance.

8 0

3 years ago

Read 2 more answers