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Sladkaya [172]
2 years ago
15

Why are people engaged in business?? Write in points

Business
1 answer:
Sladkaya [172]2 years ago
7 0

Answer:

they are able to set their own hours and policies.

Establish prices.

Mall Critical decisions on how to operate the company.

Some people don't want to work for a boss. Others have an innovative mind or brilliant idea

People also engage in business to make a difference in the world.

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Josh is convinced that subgroups exist within his company’s current customer base. Further, he believes that these different gro
Radda [10]

Answer:

The options are given below:

A. clustering

B. segmenting

C. positioning

D. customer lifetime value

the correct option is A.

Explanation:

Clustering, or cluster analysis, is a process which refers to the organization of objects or items into groups who have members with similar traits with respect to a particular criterion. In other words, a cluster refers to a collection of similar objects which are different from the objects of other clusters.

In the scenario presented above, we can see that different groups of customers exist, who have different reasons for purchasing the company's brand. These reasons are different from one group to another group, this is why a cluster analysis is the best option.

7 0
2 years ago
Celestin Manufacturing Company incurred $5,000 of depreciation on its manufacturing equipment during its first year of operation
KengaRu [80]

Answer:

A. $5,000 of depreciation expense on its income statement.

Explanation:

Assuming the company uses straight line method of depreciation, then cost of depreciation is $5,000 each year.

Now, under the income statement as per GAAP, the cost of goods sold only includes the direct cost associated with manufacturing the product.

It does not included fixed cost like depreciation.

As the depreciation is fixed and does not depend on number of units produced and sold, the depreciation to be charged in income statement = $5,000.

Therefore, the correct option is

A. $5,000 of depreciation expense on its income statement.

3 0
3 years ago
In support of its effort to make the world a better place, Secret has introduced a number of new products including Secret Clini
Feliz [49]

Answer:

d) multiproduct branding

Explanation:

multi-product branding, involves releasing multiple products with the same brand name. This strategy can be simple to use.

4 0
3 years ago
YO Easy question for all
kondaur [170]

Answer:

can you like explain itmore like you understand

3 0
1 year ago
3) What is the present value of $1000, received at the end of 4 years of investment, with a discount rate of 4%?
MA_775_DIABLO [31]

Answer:

$854.81

Explanation:

The formula for calculating the present value is as below

PV = FV/( 1 + r)^n

Where Fv =1000

r = 4% or 0.04

n= 6

PV = $1000/ (1 + 4/100)^4

PV=$1000/(1 + 0.04)^4

PV=$1000/1.16985

PV =$854.81

.

8 0
2 years ago
Read 2 more answers
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