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kotegsom [21]
3 years ago
6

How the business can use creative thinking to solve business problems ​

Business
2 answers:
Otrada [13]3 years ago
4 0

Explanation:

People may think I'm not excellent or talented if I behave like a fool ,but I usually have many brilliant ideas to mu great business.

Cerrena [4.2K]3 years ago
4 0

Explanation:

Creative thinking helps you to see opportunities in the marketplace or come up with a unique solution to a problem—and isn’t this the cornerstone of any business?

Creativity is key to innovation. When issues come up, you’ll be able to think of ways over, under, or through the roadblocks.

Creativity stimulates the brain and helps us to wake up and pay attention. Noticing more of what’s around us aids in developing novel approaches to help your business stand out.

Creative thinking helps you keep your business presence fresh. You’ll be able to constantly reinvent your business in order to stay in your customers’ awareness.

Creativity helps you shift your perception so you can better understand your customers’ point of view.

Creativity gives you a higher tolerance for risk—you’re used to working through fear of failure.

Creativity improves your leadership skills. Being an effective leader means being creative in your approach and problem-solving. When you have the capacity to let go of the outcome and be open to out-of-the-box thinking, you free your business team up for generating new ideas.

Creativity helps you to broaden your vision of what it means to be successful in your  business—what it can offer to the world.

Creativity strengthens your resilience. When those inevitable stressful periods come up, you’re able to bounce back faster instead of getting derailed.

Creativity invites flow and feels good, and when you feel good, you attract your ideal customers and clients.

Can you creatively think of even more ways that creativity can help your business?

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If you were given the task of totalling all the M1 money in circulation in the US, which of the following would you include in y
SVEN [57.7K]

Answer:

A

B

Explanation:

M1 is the most liquid definition of money. M1 includes currency and coin, demand deposits, travellers' checks, other checkable deposits

Savings account is part of M2

3 0
3 years ago
Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.31 mill
Mariana [72]

Answer:

$115,849.581

Explanation:

For computing the net present value first we have to do following calculations

Annual depreciation expense is

= (Cost - Salvage value) ÷ Useful life

= ($2.31 million ÷ 3)

= $770,000

Now

Annual Operating cash flow = (Sales - Costs) × (1 - tax rate) + Tax savings on Annual depreciation

= ($1,785,000 - $695,000) × (1 - 0.25) + (0.25 × $770,000)

= $817,500 + $192,500

= $1,010,000

Now Present value of annuity is

= Annuity × [1 - (1 + interest rate)^ -time period] ÷ rate  

= $1,010,000 × {1 - (1.12)^-3] ÷ 0.12

= $1,010,000 × 2.401831268

= $2,425,849.581

So, Net present value  is

= Present value of inflows - Present value of outflows

= $2,425,849.581 - $2,310,000

= $115,849.581

3 0
3 years ago
Since indirect cost cannot be conveniently or economically traced directly to a cost pool or cost object, the management account
VashaNatasha [74]

Since the indirect cost cannot be conveniently or economically traced directly to a cost pool or cost object, the management accountant will assign them by means of cost allocation.

<h3>What is the indirect cost?</h3>

The cost that is not directly related to the manufacturing process but plays a significant role in business is referred to as an indirect cost. It includes rent, salaries, office expenses, administration expenses, stationery, and so on.

The distribution of a single expense among numerous organizations, departments, or cost centers is known as cost allocation. It facilitates decision-making, waste reduction, and product pricing for businesses.

Learn more about cost allocation, here:

brainly.com/question/15937115

#SPJ1

7 0
2 years ago
In your own words, define “ study habits.”
scZoUnD [109]

Answer:

Study skills, academic skill, or study strategies are approaches applied to learning. They are generally critical to success in school, considered essential for acquiring good grades, and useful for learning throughout one's life.

<em>I</em><em> </em><em>don't</em><em> </em><em>know</em><em> </em><em>if</em><em> </em><em>that</em><em> </em><em>was</em><em> </em><em>the</em><em> </em><em>answer</em><em> </em><em>you</em><em> </em><em>were</em><em> </em><em>looking</em><em> </em><em>for</em><em>.</em><em>.</em><em> </em><em>but</em><em> </em><em>that's</em><em> </em><em>the</em><em> </em><em>best</em><em> </em><em>I</em><em> </em><em>can</em><em> </em><em>do</em><em>.</em>

8 0
3 years ago
Read 2 more answers
The following information is available for Cubic Company before closing the accounts. After all closing entries are made, what w
AysviL [449]

Answer:

Option (a) is correct.

Explanation:

Given that,

Net income = $112,700

Retained earnings = $108,000

Dividends = $40,000

After all closing entries are made,

The balance in the Retained earnings account is as follows:

= Retained earnings + Net income - Dividends

= $108,000 + $112,700 - $40,000

= $180,700

Hence, the balance in the retained earnings account is $180,700.

4 0
4 years ago
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