Scarce resources encourage me to spend time thinking about how I use the limited amount of money and materials that have so that I may use them in a matter that best guarantees that I will get the most satisfaction out of it. Since resources also include time, they also define how much I time I spend doing which activities, and steer me to put in a certain degree of work.
Since there is a limited supply of resources, the great wheel that facilitates the cycle that these such resources use, known as money, must also be limited. How I manage my finances (money and resources). Knowing this, I am encouraged to invest such resources into more efficient outlets to attain the most powerful results out of my few resources.
Answer:
A 15.64%
Explanation:
300*1.18 = 354
354*0.02 = 7.08
354 - 7.08 = 346.92
rate of return = 346.92/300
= 15.64%
Therefore, The rate of return on the fund is 15.64%
Answer:
the answer is c) To increase awareness by 20% in the next year
Explanation:
The objectives in the business and companies in the world, in this case marketing need to have a quantifiable goal and estimated time of duration, in this case the option a) doesn't have a number that measure the percentage of the market share, and in the option b) doesn't have an estimated time for example one year or 10 months. Due that the option c) accomplish with the two conditions the answer is c)
Answer:
The correct answer is $18920.
Explanation:
Boone Company purchased a piece of machinery by paying $18,000 cash.
In addition to the purchase price, the company incurred $800 freight charges.
Estimated useful life of the machine is 5 years and will require $600 for insurance over that period.
So insurance money for a year = $ (
) = $120.
Boone Company would record the cost of the machine at $ ( 18000+ 800+ 120) = $ 18920.
Answer:
True
Explanation:
The term business operating system (BOS) refers the to standard, enterprise-wide collection of business processes that are used in many diversified industrial companies.
It refers to a collection of the business processes that can be used to boost the efficiency of each function of the business. It includes the fundamental framework, policies and routines which are needed to operate and grow a business.
It has been adopted by companies like; The Lego Group, Toyota Motor Corporation and The Boeing Company.