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Thepotemich [5.8K]
3 years ago
8

In general, which TWO characteristics define a "small" business?

Business
1 answer:
kykrilka [37]3 years ago
3 0

Small business includes business privately owned, through partnership or sole proprietorship and has fewer employees and revenue lesser than a regular-sized business.

Examples of Small business are Personal Trainers,  Local Auto Repairs, Fair Online Stores, Home care services etc

The major characteristic of small business are

  • Lower Revenue and Profit
  • Lower Employees
  • Small Market Area
  • Sole or Partnership Ownership

Learn more about small business here

<em>brainly.com/question/15146898</em>

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A manager needs to delegate some tasks. what consideration should the manager prioritize when identifying the appropriate person
Dovator [93]

A manager needs to delegate some tasks. Manager should prioritize the qualifications of the person regarding the task when identifying the appropriate person to whom to delegate a specific task.

Delegation is the  vital management skill. But for some managers it is the hardest thing to put into practice.

There are many reasons about why the managers may shy away from their delegating work. They might:

Think that it would take a longer time  to explain the task more  than actually completing it themselves

Want to feel indispensable about their team by acting as  the keeper of specific knowledge

Enjoy the  completing of  certain projects so they prefer not to reassign them

To know more about delegation here:

brainly.com/question/28049354

#SPJ1

3 0
1 year ago
Holding supply constant, an increase in demand will
Ghella [55]
Correct answer is D) <span>decrease both the quantity and price.</span><span>

Hope this helps.. :)</span>
5 0
3 years ago
Read 2 more answers
A corporation declared and issued a 10% stock dividend on October 1. The following information was available immediately prior t
pshichka [43]

Answer:

The share capital will increase by $34000

Explanation:

dividend declared is in stock (10% of existing holding)

Share capital = 68,000 shares. dividend = 10% of 68,000 = 6,800

Par value  of share is $5 per unit. Thus share capital increase is $5 x 6,800 = $32,000

share premium (23-5)= $18 per share. Thus share premium reserve will increase by 18 x 6,800 = $122,400  

share premium is the difference between market value and par value of shares.

6 0
3 years ago
When employees are unclear about work methods, scheduling, and performance criteria because others hold different ideas about th
atroni [7]

Answer:

true

Explanation:

In a workplace, role ambiguity happens when employees are not certain about what their job related roles or tasks are. They might be confused or uncertain about what is expected from them or what should they be doing. Sometimes this uncertainty involves different types of job related aspects, like behavior expectations or workplace relationships.

Obviously uncertainty is never good, because it increases stress levels, specially to new workers, but can also lower productivity of current workers that have been assigned new functions or tasks. The person in charge of stating and making things clear is the supervisor or manager, since it is normal that different opinions and views within the employees just makes things more confusing.

6 0
4 years ago
Economic profit is equal to total revenue minus the Question 40 options: a) accounting cost of producing goods and services. b)
FromTheMoon [43]

.Answer:

B) explicit cost of producing goods and services.

C) implicit cost of producing goods and services.

Explanation:

We know,

Economic profit = Total revenue - the explicit cost of producing goods and services - the implicit cost of producing products and services.

On the other hand, accounting profit = Total revenue - Total explicit cost

Through economic profit, a country or an industry can measure profitability after deducting monetary and opportunity costs from revenue.

Therefore B and C is the answer.

6 0
3 years ago
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