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2 years ago

Give three example of commercial activities

Business

1 answer:

Tems11 [23]2 years ago

4 0

Answer:

<h2>The types of commercial activities are as follows:</h2>

Accounting: This is the process that deals with the flow of money in an organisation.

Marketing: This helps in the improvement of brand recognition in the market and it aids the process of sales.

<h3>THENKUU! </h3>

You might be interested in

Other things being equal, a ________ supply of workers tends to put ________ pressure on real wages.

Sav [38]

The answer is, larger; downward.

Other things being equal, a larger supply of workers tends to put downward pressure on real wages.

<h3>How do wage increases affect the demand for and supply of labor?</h3>

The quantity of work required will alter in response to changes in pay or salary.
Employers will want to hire fewer workers if the pay rate rises.
There will be a reduction in the amount of labor requested and an upward shift in the demand curve.

<h3>What causes wage increase?</h3>

There are several reasons why employers may decide to raise salaries.
An increase in the minimum wage is the most frequent justification for wage increases.
The minimum wage can be raised by both the federal and state governments.
Companies that manufacture consumer items are also renowned for giving their employees small pay raises.

<h3>How does wage increase affect supply?</h3>

The aggregate supply curve shifts inward when the money wage rate increases, which results in a decrease in supply at all price levels.
The aggregate supply curve shifts outward as the money wage rate declines, increasing the quantity supplied at any price level.

Learn more about real wages here:

brainly.com/question/1622389

#SPJ4

8 0

2 years ago

The primary responsibility of the board of directors is to __________. Select one: A. oversee the affairs of the organization B.

Paladinen [302]

The primary responsibility of the board of directors is to (D) make daily operational decisions.(The main responsibility of a Board of Director is to make day-to-day management decisions. )

Explanation:

The main responsibility of a Board of Director is to make day-to-day management decisions. The primary purpose of the board of directors is to safeguard the shareholders interest by maintaining detached, impartial oversight on management.

Some of the duties of Board Members are:

To develop the Organization's Mission and Purpose.
Another important duty is to Monitor and Manage Financial Resources.
To Recruit New Board Members.
To Spread positive word of mouth about t the Organization.

So we can Say that The primary responsibility of the board of directors is to (D) make daily operational decisions

4 0

3 years ago

Administrative activities, such as archiving project files, closing out contracts, documenting lessons learned, and receiving fo

antiseptic1488 [7]

Answer:

Administrative activities, such as archiving project files, closing out contracts, documenting lessons learned, and receiving formal acceptance of the delivered work as part of the phase or project, are often involved in closing.

Explanation:

A project is any exercise by an individual or group that has been carefully designed to achieve a certain future goal. A project needs to take into a account various strategies for it to actually achieve what was originally set out in the goals. A project that achieves its goals can be described as a successful project. Most undertakers of a project always wish for their project to be successful, since a project always involves investment in terms of finance, human resources and time. The amount of investment in a project depends on the scope and level of complexity of the project. Vast complex projects usually require for them to be broken down into different phases to make them simple in understanding and execution.

For projects to be successful, one needs to find a way in which the resources going into the project are dealt with in such a way that the direction of the project is in line with the project goals. This is what is defined as project management and it has different phases. The phases of project management are;

1. Initiating: this deals with the planning phases of the project where the goals are set and the project needs are determined. This phase deals with determining the procedure for project execution.

2. Executing; once all the project needs have been determined and purchased, they are put to work.

3. Monitoring and controlling: in this stage, the workings of the project are checked if they have attained the standards stated.

4. Closing: in this stage, administrative activities, such as archiving project files, closing out contracts, documenting lessons learned, and receiving formal acceptance of the delivered work as part of the phase or project is done.

4 0

3 years ago

Piper Corporation, which manufactures dog toys, is developing direct labor standards. The basic direct labor rate is $12.00 per

Alex787 [66]

Answer:

Total= $19.56

Explanation:

Giving the following information:

The basic direct labor rate is $12.00 per hour. Payroll taxes are 13% of the basic direct labor rate, while fringe benefits such as vacation and health care insurance, are $6.00 per hour.

<u>The direct labor standard rate per hour is calculated using the direct labor rate, the taxes and fringe benefits.</u>

Standard direct labor rate:

Direct labor rate= 12

Payroll taxes= (12*0.13)= 1.56

Fringe benefits= 6

Total= $19.56

6 0

3 years ago

Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance

kondor19780726 [428]

Explanation:

The computation is shown below:

1. Average operating assets is

= (Opening operating assets + closing operating assets) ÷ 2

where,

Opening operating assets is

= Total assets - Land (undeveloped) - Investment in Buisson, S.A

=$2,020,000 - $180,000 - $250,000

= $1,590,000

And, the closing operating assets is

= Total assets - Land (undeveloped) - Investment in Buisson, S.A

= $2,100,000 - $170,000 - $280,000

= $1,650,000

So, average operating assets is

= ($1,590,000 + $1,650,000) ÷ 2

= $1,620,000

Margin = Net operating income ÷ Sales

= $405,000 ÷ $4,050,000

= 0.1 or 10%

Turnover is

= Sales ÷ Average operating assets

= $4,050,000 ÷ $1,620,000

= 2.5

Return on Investment = Margin ×Turnover

= 0.1 × 2.5

= 0.25 or 25%

3. Residual Income = Net operating Income - (Average operating assets × Minimum required rate of return)

= $405,000 - ($1,620,000 × 15%)

= $405,000 - $243000

= $162,000

3 0

4 years ago