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Bogdan [553]
3 years ago
8

Why is enterprise important to a country ?

Business
1 answer:
ira [324]3 years ago
4 0

Answer:

New and improved products, services, or technology from entrepreneurs enable new markets to be developed and new wealth to be created. Additionally, increased employment and higher earnings contribute to better national income in the form of higher tax revenue and higher government spending.

Explanation:

here is your answer if you like my answer please follow

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The Mayo Clinic in Minnesota is known for top-quality medical care. For decades, even presidents and dictators from around the w
egoroff_w [7]

Answer:

E) match its core competencies.

Explanation:

The Mayo Clinic's core competency is offering top-quality medical care. It is known around the world for providing great medical services and it has an extremely good reputation among medical personnel and patients as well.

By opening new facilities on different locations, the clinic is using its good reputation to increase the number of customers and also hire great human resources. This is something similar to what the Louvre Museum did on Abu Dhabi, anyone who loves great art will want to visit it just because its the Louvre (the most famous museum in the world).

7 0
3 years ago
Zara has pioneered "cheap chic" in clothing apparel. Zara offers current and desirable fashion goods at relatively low prices. T
sergejj [24]

These are all characteristics of Integrated cost leadership/differentiation following business-level strategies.

<u>Explanation:</u>

An enterprise level approach where distinct goods are sold at low cost on the market, understood as an Integrated cost leadership / differentiation. Distinct product means the special qualities of consumer preferences and price leadership means the commodity is sold at the cheaper cost, i.e. at a margin slightly better than average price. Particularly at a global frontier, it is helpful in acquiring broad customer base. Here Zara is expecting from its firm to attract the global consumers by selling its products in relatively lesser price, to fulfill this expectation appropriate designers have been hired to manage costs.

7 0
4 years ago
The next dividend payment by Hoffman, Inc., will be $3.10 per share. The dividends are anticipated to maintain a growth rate of
Pani-rosa [81]

Answer:

6.2249%

Explanation:

Dividend yield = next dividend paid / price of the stock

Dividend yield is one of the components used in calculating the total return of a stock.

Total return = price return + dividend yield

price return is the return on a stock as a result of price appreciation

Dividend yield = $3.10 / $49.80 = 0.062249 = 6.2249%

6 0
3 years ago
careers in the STEM cluster are careers associated with: Question 20 options: science, technology, engineering, mathematics scie
skad [1K]

Answer:

science, technology, engineering, mathematics

4 0
3 years ago
Which step in the process of measuring external transactions involves assessing the equality of
uysha [10]

Answer:

B. Preparing a trial balance

Explanation:

A trial balance is not account, it simply represents a list of debits and credits derived from the ledgers. The list is usually generated after transactions have been taken from their source documents, posted to the journals and then transferred to the ledgers.

The trial balance will usually list the total of ledger items posted as debit or credit balances just as they are in the ledgers.

As said earlier, the trial balance is not an account, it is a self-check to ensure that there are no numerical errors in the debit and credit postings in the ledgers.

It simply ensures that the credit balances are equal to the debit balances meaning every debit entry had a corresponding credit entry confirming the use of double entry principle in ledger preparation.

The financial statements are usually prepared after the trial balance has verified the accuracy of debit and credit entries.

6 0
3 years ago
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