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3 years ago

1.What is business? Explain its characteristics.

Business

1 answer:

jek_recluse [69]3 years ago

8 0

Answer:

Business is an organization where goods and services are exchanged for one another or for money to make a profit, every business needs some form of investment and enough customers to sell product to.

the major characteristics are:

1. Exchange of goods and services

2. Deals in numerous transactions

3. Profit is the main objective

4. Business skills for economic success

5. risks and uncertainties

6. marketing and Distribution of goods

7. Sale to satisfy human wants

Explanation:

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A key resource is assigned on multiple tasks that are running simultaneously. The project manager needs to minimize impact on ac

marin [14]

Answer: Resource levelling

Explanation:

Resource levelling is a term used in project management defined and is defined as a technique used where there is adjustment in the start and finish dates based on limitation in resources with the aim of balancing the demand for resources using the available supply.

While performing activities in project planning, the manager will try to schedule some tasks simultaneously. Resource leveling can be used to balance the workload of the main resources during the duration of of the project usually at the expense of either the time, cost or scope.

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3 years ago

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At the beginning of the year, a firm had current assets of $121,306 and current liabilities of $124,509. At the end of the year,

Alex73 [517]

Answer:

E $21,903

Explanation:

Formula:

Net working capital: Current assets - Current liabilities

At the beginning of the year the net working capital was:

Net working capital: Current assets - Current liabilities

Net working capital: 121,306 - 124,509

Net working capital: -3,203

At the end of the year the net working capital was:

Net working capital: Current assets - Current liabilities

Net working capital: 122,418 - 103,718

Net working capital: 18,700

The difference between the beginning and final net working capital was:

Difference: Final NWC - Inicial NWC

Difference: 18,700 - (-3,203)

Difference: 18700 + 3,203

Difference: 21,903

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3 years ago

Why do retailers offer credit?

SpyIntel [72]

Answer:

Iam sorry

Explanation:

I don't know the answer

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3 years ago

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On its 2008 balance sheet, Sherman Books showed a balance of retained earnings equal to $510 million. On its 2009 balance sheet,

Marta_Voda [28]

Answer:

a. The company must have had net income equal to zero in 2009.

Explanation:

If on its 2008 balance sheet, Sherman Books showed a balance of retained earnings equal to $510 million, and on its 2009 balance sheet, the balance of retained earnings was also equal to $510 million; then what is true is that the company must have had net income equal to zero in 2009.

Retained earnings is the profit amount or net income left over and taken back into the business after it has paid out dividends to its shareholders.

However it is unlikely that the company will pay out the entire amount it earns in a particular year but a percentage of earnings.

In the case of Sherman, it is unlikely that the company made a profit of $200 million and paid out every bit as dividends to shareholders but what is most likely is that there was no profit made for retention in 2009

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3 years ago

Berry, the seller, wants Paul, the broker, to change from a single agency relationship to a transaction broker. Paul agrees to d

Scorpion4ik [409]

Answer:

Before the listing agreement is signed.

Explanation:

A listing agreement is a contract between a property owner and a real estate broker asking the real estate broker to get a buyer for his or her property. The property owner implements the listing agreement so as to empower the real estate broker to act in the capacity of the agent to the owner in the course of trying to sell the property. Generally certain commission is paid to the real estate broker by the property owner.

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3 years ago

1.What is business? Explain its characteristics.​

1.What is business? Explain its characteristics.