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Ulleksa [173]
2 years ago
6

'Partnership business can't be successful without mutual understanding'.justify this statement.​

Business
1 answer:
Colt1911 [192]2 years ago
3 0

Answer: See explanation

Explanation:

A partnership is a form of business operations that takes place between two or more people who come together, join their skills and resources together so as to achieve organizational aims, and make profit.

For a partnership to succeed, there must be a mutual understanding between the partners that are involved. The mission and the visions of the organization must be shared by all the partners and understood.

When the partners don't have an agreement in place and a clear understanding about how the partnership will be handled and decisions will be made, this will eventually being about the downfall of the partnership.

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If a sales associate is working with a buyer in a residential transaction as a customer, not a client, what type of brokerage re
aleksklad [387]

The type of brokerage relationship that must be disclosed between the parties is known as Nonrepresentation.

<h3>What is a Non-representation?</h3>

This refers to the promise that a wrong statement will not be disclosed to one party to mislead them.

Hence, this is what have to be disclosed in type of brokerage relationship between the parties.

Read more about Non-representation

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5 0
1 year ago
Goodie, goodie, gumdrops (gggs) is a retail business appealing to pre-teen girls. it carries specialty clothing, accessories, an
FromTheMoon [43]
The answer is "franchising entry".

A franchise is a well known path for somebody to claim a business without the dangers of starting one from the beginning. A franchisee who licenses a trademark is then given the privilege to utilize the brand regarding their own particular business activity; sports establishments are this sort of business. However, the most well-known franchise is the business organize, and that is the sort the vast majority know.
8 0
2 years ago
Compute and interpret the contribution margin ratio using the following data: sales, $5,000; total variable cost, $3,000.Interpr
Dmitriy789 [7]

Answer:

0.4 or 40%

Explanation:

The formula for Contribution Margin Ratio is:

[TS - TVC] / TS

Where TS = Total Sales

TVC = Total Variable Cost

Applying the formula,

[5,000 - 3,000] / 5,000  = 2000/5000  = 0.4

Turning this value to a percentage, 0.4 × 100 = 40%

The interpretation of this is that for every item sold, 40% of the sales price is available to cover fixed costs.

Remember: The addition of fixed cost to variable cost = total cost

7 0
2 years ago
Pedrotti Corporation would like to use target costing for a new product it is considering introducing. At a selling price of $40
LiRa [457]

Answer:

$38.40

Explanation:

Target Cost = Selling Price per Unit - Profit Margin per Unit

Here, Selling Price per Unit = $40

Profit Margin = 16% of the Investment in Product

Investment = $ 300,000

Profit Margin = 16% × 300,000

                      = $48,000

Number of Units Sales = 30,000 Units

Profit Margin per Unit:

= Profit Margin ÷ Number of Units Sales

= $48,000 ÷ 30,000

= $1.6

Therefore,

Target Cost per Unit:

= Selling Price per Unit - Profit Margin per Unit    

= $40.00 - $ 1.60

= $38.40

6 0
2 years ago
True or false: if you wanted to create a poster that displayed exactly the same information, and could be reproduced in thousand
e-lub [12.9K]
The above statement is false.
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4 0
3 years ago
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