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Naya [18.7K]
3 years ago
15

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

Business
1 answer:
Brums [2.3K]3 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.

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Who is the Father of accounting
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Answer:

Luca Pacioli

Luca Pacioli, was a Franciscan friar born in Borgo San Sepolcro in what is now Northern Italy in 1446 or 1447.

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3 years ago
Who is your favorite character in the walking dead? mine is rick
fomenos

Answer:

do you watch riverdale?

pls dont report me im jus bored -_-

Explanation:

3 0
3 years ago
Read 2 more answers
Last month, Laredo Company sold 650 units for $125 each. During the month, fixed costs were $8,850 and variable costs were $75 p
Y_Kistochka [10]

Answer:

1. $50 and 40%

2. 177 units and $22,125

3. 473 units and 72.77%

Explanation:

Price = $125

Variable cost = $75

Fixed cost =$8,850

Contribution margin is the net of sales price and variable cost of the product. It is the cost available to recover the fixed cost and make profit afterward.

1. Contribution margin = Sales price - Variable cost = $125 - $75 = $50

Contribution margin ratio = Contribution margin / Sale price = $50 / $125 = 40%

Break-even is the level of sales at which business has no profit no loss situation.

2. Break-even point = Fixed cost / Contribution margin per unit = $8,850 / $50 = 177 units

Break-even in $ = 177 units x $125 = $22,125

Margin of safety is the level of sales at which the business is safe from making loss. Margin of safety measures the profit after the break-even point.

3. Margin of Safety = Total sales - Break-even point = 650 units - 177 units = 473 units

Margin of safety to sales = ( Margin of safety / Total sales ) = ( 473 units / 650 units ) x 100 = 72.77%

3 0
3 years ago
Current labor market trends include _____.answer.com
miv72 [106K]

an increase in service jobs accompanied by a decrease in manufacturing jobs

3 0
3 years ago
what is the true difference between consultative leadership and participative leadership in decisiion making?
Anastasy [175]

The difference between consultative leadership and participative leadership in decision making is that in consultative leadership employees do not have decision-making power they can only share their opinions but in participative leadership, everyone works together for decision making.

A leader who shares decision-making with organization participants. 3 subtypes of participative leaders consist of consultative, consensus, and democratic. Consultative leaders confer with subordinates earlier than you make a decision; but, they maintain the authority to make very last selections.

Consultative leadership fashion is set growing the capacity to persuade people in place of enforcing their authority on them, enticing the subordinates or employees efficiently in the decision making. Such leaders ask humans for their minds & permit them to technique the problem and locate a nice feasible solution. The consultative chief uses the talents, thoughts, and enjoyment of others, however, the final choice is made by using a leader. Such a leader has interacted with his time or more important tasks, gives proper popularity, and evaluates all the alternatives before making the very last choice.

The participative leader entails himself because a member of the group & makes choices alongside the group. Such a leader seeks consensus and all and sundry have to take possession within the final decision. In a participative management fashion team participants and leaders, thoughts are taken into consideration as identical, and the body's input is considered. right here leader is a facilitator, educates, and frequently embraces crew thoughts over their very own, creating a tradition of innovation and focusing on promoting creativity.

Learn more about participative leadership here brainly.com/question/20464132

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2 years ago
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