All categories

2 years ago

The incentive to improve material well-being by seeking to gain from economic activities is called

Business

1 answer:

Brums [2.3K]2 years ago

8 0

Answer:

Profit Motive

Explanation:

Profit is the monetary gain or commercial reward for engaging in business. Profits increase the wealth of the entrepreneur.

The primary reason why Businesses are established is to generate profits for the owners. Entrepreneurs commit their resources, time, and efforts to avail goods and services to society expecting to make profits. The desire to increase wealth through profits is what drives people to start a business.

You might be interested in

Your campus computer store reported Sales Revenue of $168,000. The company's gross profit percentage was 60.0 percent. What amou

Pachacha [2.7K]

Answer:

COGS= $67,200

Explanation:

Giving the following information:

Your campus computer store reported:

Sales Revenue of $168,000.

The company's gross profit percentage was 60%.

Gross profit= sales revenue - cost of goods sold

sales= 168,000

COGS=?

gross profit= 168,000*0.6= 100,800

COGS= 168,000 - 100,800= $67,200

8 0

3 years ago

Cyan Corporation (E & P of $700,000) has 4,000 shares of common stock outstanding. The shares are owned as follows: Angelica

pshichka [43]

Answer:

Part - (a)

Since A constructively holds stock through her son and a prohibited interest within the 10 years of divestment, she will not receive a favorable treatment.

Part - (b)

The sale may qualify for redemption if A decides to become a creditor within a 10 years period. Creditors do not hold prohibited interest in corporations, typically because they hold no voting rights.

Part - (c)

The act of replacing, or office held by a family member, does not constitute a prohibited interest. Therefore: the sale should qualify.

Part - (d)

Accepting the stocks as gift would trigger a prohibited interest. The size of the gift and her son's shares and will nullify the 10 year rule.

3 0

3 years ago

Read 2 more answers

Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.5 cus

Phantasy [73]

Answer:

A) Single-server single-phase model (M/M/1).

$\lambda=2.5 \,customers/hour\\\\\mu=6\,customers/hour$

B) The goal is not met, as the average time waiting for service is 5.56 minutes.

C) The new mean service rate is 7.5 customers/hour.

In this case, the average time waiting for service is 4 minutes, so the goal is met.

Explanation:

A) This situation can be modeled as a single-server single-phase model (M/M/1).

The mean arrival rate is 2.5 customers per hour.

$\lambda=2.5 \,customer/h$

The mean service rate is 6 customers per hour, calculated as:

$\mu=\frac{60\, min/h}{10 \,min/customer}=6\, customer/h$

B) The average waiting time for a customer can be expressed as:

$W_q=\frac{\lambda}{\mu}\frac{1}{\mu-\lambda} =\frac{2.5}{6}\frac{1}{6-2.5} =0.417*0.222=0.093\,hours\\\\W_q=0.093\,hours*(60min/h)=5.56 \,min$

The average waiting time is 5.56 minutes, so it is more than the goal of 5 minutes.

C) If the average time spent per customer to 8 minutes, the mean service rate becomes

$\mu=\frac{60\, min/h}{8 \,min/customer}=7.5\, customer/h$

An the average waiting time for the service now becomes:

$W_q=\frac{\lambda}{\mu}\frac{1}{\mu-\lambda} =\frac{2.5}{7.5}\frac{1}{7.5-2.5} =0.333*0.2=0.067\,hours\\\\W_q=0.067\,hours*(60min/h)=4 \,min$

The average time is now 4 minutes, so the goal is achieved.

6 0

3 years ago

In the early days of book publishing, publishers functioned as:

podryga [215]

The publishers in the early days of book publishing are considered to be no other than just a printer for they are able to publish books and have them written on a reading material which is why they are functioned to be as printers.

3 0

3 years ago

Social media sites can provide a firm with insights into a consumer's opinions about the firm and Blank______. Multiple choice q

Mars2501 [29]

Social media sites can provide a firm with insights into a consumer's opinions about the firm and the opinions about the firm from the consumer's neighbors.

<h3>How social media helps the firm to get the idea of trends?</h3>

Social media helps the company to get the trend and idea about the latest things going on in the world or the latest challenges going on the world. Everything which is happening on the country was on social media platform.

Thus, option B is correct.

For more details about social media helps the firm to get the idea, click here:

brainly.com/question/26865450

#SPJ1

7 0

1 year ago