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Gelneren [198K]
3 years ago
7

The business environment consists of several factors that affect a business's ability to be successful and operate profitably. C

reating the right business environment is the foundation for social benefits of all kinds. Businesses operate in a dynamic environment that consists of economic, technological, competitive, social, and global factors. Businesses normally can't control their environment or the changes that occur, but they need to monitor it carefully and do what they can to adapt to the changes. Read the descriptions of each company, then match it with the appropriate environmental force.
a. Environmental Forces:
b. Economic and Legal
c. Technological
d. Competitive
e. Social
f. Global

1. Jeffries Roofing: In its proposals, Jeffries Roofing describes the materials to be used and the price. When a customer signs a bid, it becomes an enforceable contract.
2. Borders Booksellers: As customers began downloading digital books and music from the Internet, Borders struggled for years and eventually declared bankruptcy.
3. BlackBerry: When the BlackBerry phone system quit working, 70 million customers were affected. Many of those customers turned to other cell phone providers that offered the reliable service business customers demand, often at a lower price.
Business
1 answer:
MatroZZZ [7]3 years ago
4 0

There are different kinds of business. The  business environmental force is technological.

<h3>What is business environment?</h3>

Business environment is known to be the overall totals of all the factors that is said to be external to a business firm and that often influence their activities.

It is said to ranges from factors and forces such as customers, competitors, suppliers, government, technological  and others

Learn more about business environment from

brainly.com/question/17961245

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Quince Holman Corporation reports: Cash provided by operating activities $250,000 Cash used by investing activities 110,000 Cash
mash [69]

Answer:

Holman's ending cash balance is $350,000.

Explanation:

The Ending Cash Balance can be obtained by Preparing a Cash Flow Statement as follows :

<u>Quince Holman Corporation </u>

<u>Cash Flow Statement</u>

Net Cash from Operating Activities                                        $250,000

Net Cash from Investing Activities                                          ($110,000)

Net Cash from Financing  Activities                                        $140,000

Movement during the Year                                                     $280,000

Cash and Cash Equivalents at the Beginning of the year      $70,000

Cash and Cash Equivalents at the End of the year               $350,000

Conclusion :

Holman's ending cash balance is $350,000.

5 0
4 years ago
The following amounts were taken from the financial statements of Ando Company: 2017 2016 Total assets $800,000 $1,000,000 Net s
aleksandr82 [10.1K]

Answer:

35 times

Explanation:

The price-earnings ratio is the financial ratio that compares the market price of a share with its earnings in order to determine whether the share gives earnings that makes it a good buy.

Price-earnings ratio=market price per share/earnings per share

market price per share for 2017 is $42

earnings per share=net income-dividends/average common stock outstanding

net income is $108,000

dividends is nil

average number of common stock is 90,000

earnings per share=$108,000-$0/90,000=$1.2

price earnings ratio=$42/$1.2=35 times

6 0
3 years ago
Your Aunt Elsa has $500,000 invested at 6.5%, and she plans to retire. She wants to withdraw $40,000 at the beginning of each ye
Ksju [112]

Answer:

22.85

Explanation:

Present value (PV): $500,000

Rate: 6.5% per annual

Payment (PMT) : $40,000 per year

We can use excel to calculate the maximum number of whole payments that can be withdrawn before the account is exhausted

=NPER(rate, PMT, -PV,,1) = NPER (6.5%,40000,-500000,,1) = 22.85

Download xlsx
7 0
4 years ago
Diminishing marginal utility of wealth implies that the utility function. Group of answer choices
yan [13]

Answer:

c. has decreasing slope and a person is risk averse.

Explanation:

The marignal utility of wealth represent that the subsequent utility of the person wealth is not perceived as necessary/joyful as the previous one.

This makes the slope of the utility function to go upward but at slower grow.

The first units of wealth produce a great improvement in utlity compared with the followings just like in any other good or service provided in the economy.

7 0
3 years ago
Packaging Products, Inc., sends its standard purchase-order form to Quality Box Company to evidence a sale of packaging material
natima [27]

Answer:

Option D. Any of the above.

Explanation:

The reason is that the contract is not formed until the both parties don't agree on the terms and conditions of the contract which includes:

  • New terms and conditions because as we know the business environment is consistently changing like inflation changes, etc (Option A).
  • The acceptance is always required for the contract formation (Option B).
  • Additional clauses of the contract are new clauses and acceptance is required for these to form a contract (Option C).

So all of the options can alter the contract existence. So the right answer is option D.

4 0
3 years ago
Read 2 more answers
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