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2 years ago

How can communication help to make a business or a company thrive?

Business

1 answer:

White raven [17]2 years ago

4 0

Answer:

Communication is the key to success. Plan, organize and strategically plan to help the business

Explanation:

Communication helps in

1. Increasing brand familiarity

2. Increasing product awareness

3. Product availability

4. Offers

These will help improve business.

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Bonner Corp.'s sales last year were $415,000, and its year-end total assets were $355,000. The average firm in the industry has

koban [17]

Answer:

$182,083

Explanation:

The computation of the total assets by considering the total assets turnover is shown below:

Total assets turnover = Sales ÷ total assets

2.4 = $415,000 ÷ total assets

So, the total assets equal to

= $415,000 ÷ 2.4

= $172,917

So, the assets is reduced by

= Year-end total assets - calculated assets

= $355,000 - $172,917

= $182,083

5 0

2 years ago

Specialization and the division of ______ can increase productivity. Please choose the correct answer from the following choices

trasher [3.6K]

Answer:

Specialization and the division of labor can increase productivity.

Explanation:

Specialization is about an invidivual focusing on very specific tasks that are best suited to them according to their skills and knowledge. This concept can be applied to companies and countries, as they specialize on producing a small amount of products they excel at, for having the raw material, knowledge and/or technology to do so.

The division of labor is about breaking down the production process of a good in different parts performed by different people instead of having all workers performing all the tasks. The idea is to let workers be specialists in a small amout of tasks so that they can be more efficient and overall productivity can be greatly increased. This concept was introduced by the 'father of economics' Adam Smith in his book "The Wealth of Nations" released in 1776.

Specialization and division of labor are complementing concepts that bring a company an increase in productivity and helps achieve economies of scale.

3 0

2 years ago

. A company produces two products, A and B, which have profits of $9 and $7, respectively. Each unit of product must be processe

prohojiy [21]

Answer:

(a) Linear model

$max\ P = 9x + 7y$

Subject to:

$12x + 4y \le 60$

$4x + 8y \le 40$

$x,y \ge 0$

(b) Standard form:

$max\ P = 9x + 7y$

Subject to:

$12x + 4y + s_1 = 60$

$4x + 8y +s_2= 40$

$x,y \ge 0$

$s_1,s_2 \ge 0$

Explanation:

Given

$\begin{array}{ccc}{} & {Hours/} & {Unit} & {Product} & {Line\ 1} & {Line\ 2} & {A} & {12} & {4} & {B} & {4} & {8} & {Total\ Hours} & {60} &{40}\ \end{array}$

Solving (a): Formulate a linear programming model

From the question, we understand that:

A has a profit of $9 while B has $7

So, the linear model is:

$max\ P = 9x + 7y$

Subject to:

$12x + 4y \le 60$

$4x + 8y \le 40$

$x,y \ge 0$

Where:

$x \to line\ 1$

$y \to line\ 2$

Solving (b): The model in standard form:

To do this, we introduce surplus and slack variable "s"

For $\le$ inequalities, we add surplus (add s)

Otherwise, we remove slack (minus s)

So, the standard form is:

So, the linear model is:

$max\ P = 9x + 7y$

Subject to:

$12x + 4y + s_1 = 60$

$4x + 8y +s_2= 40$

$x,y \ge 0$

$s_1,s_2 \ge 0$

4 0

2 years ago

A resident being interviewed live by a television reporter stated that, "the biggest problem in this city is corruption in city

nataly862011 [7]

The defendant seeks to offer into evidence the fact that the mayor was convicted two years ago of taking a bribe to award a city contract for solid waste disposal. Yes, this is a documentary evidence and is admissible because the mayor is already proven convicted of corruption.

6 0

2 years ago

A net worth statement, insurance plan, and a budget are all part of a _____. saving and investing plan financial plan savings ac

Vera_Pavlovna [14]

<h3>Answer;</h3>

Financial plan

<h3>Explanation;</h3>

A net worth statement, insurance plan, and a budget are all part of a Financial plan.
The parts of a good financial plan include a net worth statement, financial goals, a budget, a saving and investing plan, and an insurance plan.
Financial plan is generated from financial information. There are five parts to a organize your financial information, these includes; net worth statement, financial goals, budget, saving and investing plan, and insurance plan. Another way to organize your financial information are bills, receipts, and account statements.

4 0

2 years ago

Read 2 more answers

How can communication help to make a business or a company thrive?​

How can communication help to make a business or a company thrive?