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3 years ago

Efficiency and effectiveness (Connect, Perform)

Business

1 answer:

coldgirl [10]3 years ago

3 0

Answer:

Rick's approach to studying is:

B. Efficient but not effective.

Explanation:

Rick achieved efficiency by reducing the amount of time he spends studying so that he could have personal time and still make good grades. But, according to the scenario, he kept to his schedule but could not make his targeted grades. This implies that his efficient schedule is not producing the required results. It is merely efficient but not effective. Effectiveness deals strictly with the production of results or output and not with planning.

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In 3-4 sentences describe how economic liberty helps water the "money tree" in a free enterprise.

il63 [147K]

Answer:

It helps giving you the ability to choose what you think is best for your business

Explanation:

Vic, using the money tree metaphor is awesome in order to explain. Think about your free enterprise (let’s say… a store that sells trees!).

What you need in order to start and run a business? A place to sell those trees, employees, products, infrastructure, etc., and capital to fund all that. All that business plans and models that you will develop in order to have a successful business will require that you make economic decisions, actions. And, in order to make those decisions, you need economic liberty, which is exactly the ability one has to make economic decisions without political, economic or social blocks.

Imagine that in your region you can only sell trees with red leaves, or your trees are taxed much more than trees coming from overseas, or that employment law requires that no employee gets near a plant (who knows, it could be to prevent allergic season!). That would make super hard to develop your business right?

That’s how economic liberty could help you grow your money tree; into giving you the ability to choose what you think is best for your business.

6 0

4 years ago

A diesel-powered tractor with a cost of $186,240 and estimated residual value of $5,700 is expected to have a useful operating l

scoundrel [369]

Answer:

$612

Explanation:

To compute the depreciation, first we have to compute the depreciation per hour which is given below:

= (Cost of diesel-powered tractor - estimated residual value) ÷ (useful operating life)

= ($186,240 - $5,700) ÷ (59,000 hours)

= ($180,540) ÷ (59,000 hours)

= $3.06 per hour

Now the depreciation would be

= Operated hours × depreciation per hour

= 200 units × $3.06

= $612

7 0

4 years ago

One of the important questions Jerome needs answered about his potential career is whether he will be working outdoors, because

krek1111 [17]

It is his work enviornment, i know this is correct because its on my online school :) hope this helps

3 0

3 years ago

Read 2 more answers

Suppose the price of apples doubles to $3.00 between year 1 and year 2 but that nothing else in the economy changes Instructions

Bond [772]

Answer:

1. Suppose Quantity of Apple sold in year one & two = 100Kg.

Price in year 1 = $1.50 per kg

Price in year 2 = $3.00 per kg

Nominal GDP 1 = Price * Quantity = 1.50*100 = $150

Nominal GDP year 2 = 3*100 = $300

Change in Nominal GDP = $150

Percentage change in Nominal GDP = 100%

b. Real GDP of year 1 = Nominal GDP of year 1 = $150

Real GDP of year 2 = 1.50*100 = $150

Change in Real GDP = 0%

2. Quantity of Bread = 100 units price = $ 1 per unit, year 2 price = $ 2 per units

a. Nominal GDP year 1 = 1*100+1.5*100 = $250

Nominal GDP year 2 = 2*100+3*100 = $500

Percentage change in Nominal GDP = 500-250/500 * 100 = 100%

b. Real GDP year 1 = $250

Real GDP year 2 = 1*100 + 1.5*100 = $250

Percentage change in Real GDP = 0%

6 0

3 years ago

Sanjay has three children and is starting a new company. He is looking down the road to a future time when his children are grow

KATRIN_1 [288]

Answer:

The correct answer is letter "D": What is the best business entity and structure setup for continuity and transferability?

Explanation:

If an investor is considering to start a new business and thinking about how his children will continue with the company after his or her pass away, the factors to be considered are the<em> type of entity</em> that could be more convenient for his children according to their interests and the <em>transferability </em>of the organization upon the decease of the original owner.

Types of entities refer to the structure the firm will take and the responsibility the owners will take. We could identify sole proprietorships, partnerships, Limited Liability Companies (LLCs), and corporations to mention a few.

When it comes to transferability, for instance, in sole proprietorships, partnerships, and LLCs that cannot be done upon the death of an owner. For such a case a new organization has to be born. That situation does not happen in corporations since ownership can be transferred by the purchase of stocks and the entity remains the same.

4 0

3 years ago