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3 years ago

Why are people engaged in business?? Write in points

Business

1 answer:

Sladkaya [172]3 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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A competitive advantage exists when a

Ronch [10]

E.
Firm has a strong marketing plan.

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3 years ago

A circuit contains three resistors connected in parallel. The value of R1 is 100 ?, the value of R2 is 400 ?, and the value of R

frozen [14]

The answer would be 19/30 (or 0.6333333333).

I hope it helped you!

6 0

3 years ago

What primary risk are business owners taking when selling shares of their companies?

4vir4ik [10]

answer:

giving away a percentage of their company and maybe losing their power as only one leader.

explanation:

this question was already answered
credits: brainly.com/question/1957314

5 0

3 years ago

In the decision-making process, you must take into account several cultural variables. Describe one of the variables associated

postnew [5]

Answer:

Explanation to this Answer is explained below in detail.

Explanation:

There is always a need to have an important control upon the decisions that we have in the business setup. Informed decision making is very necessary for business. People use different decision setups designed to help in the manufacturing process and most often come up with very fruitful decisions.

Describe one of the variables associated with risk tolerance:

One of the cultural factors associated with risk tolerance may be the threshold for when we can make decisions that are not detrimental to the cultural view of groups. We need to carefully consider our employees and make sure that our decisions are not too objective. Cultural-emotional bias can lead to decisions that can damage brand ownership throughout the business. This is very dangerous and detrimental for any company, so it is necessary to limit decisions and their consequences in terms of cultural sense to avoid any losses.

Describe one of the variables associated with internal/external locus of control:

The internal locust of control is the kind of person who is the best fit for all the jobs. So it is obvious that this person has some control over others. But there are some do's and don'ts for such kind of person as well. Such as, he has to communicate with almost everyone in the workplace. So, he must ensure neutrality in all aspects of other people with whom he is working. Such aspects are religion, race, caste. society etc. and his humor must not harm the emotions of anyone in the workplace.

Why are these important factors to consider?

In order to run business smoothly with maximum profits and best workforce and the best workplace. Effective decision making is the key to go. Hence, these variables are very important to achieve the effective business decision making in the long term.

7 0

3 years ago

Daba Company manufactures two products, Product F and Product G. The company expects to produce and sell 1,630 units of Product

Harrizon [31]

Answer:

Explanation:

Activity cost pool:

Machine setups

Cost = $37,290

Total activity for both products = 339

Overhead rate = $37,290/339 = $110

Purchase orders

Cost = $165,240

Total activity for both products = 2040

Overhead rate = $165,240/2040 = $81

General factory

Cost = $123,690

Total activity for both products = 6510

Overhead rate = $123,690/6510= $19

Product F total overhead cost:

Machine setups = $110*144 = $15,840

Purchase orders = $81*890 = $72,090

General factory = $19* 2,440 = $46,360

Total = $134,290

Product G total overhead cost:

Machine setups = $110*195= $21,450

Purchase orders = $81*1150= $93,150

General factory = $19* 4070= $77,330

Total = $191,930

5 0

4 years ago