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Bad White [126]
3 years ago
7

Write an essay about Buisness skills 150 words pls giving 100 points

Business
1 answer:
miskamm [114]3 years ago
8 0

business exists only to earn profits by providing goods and services to the customers. According to the modern concept, the underlying objective of every business is customer satisfaction as this is what results in most profits. If the customer is satisfied, the business excels. something about Business goals is a predetermined target that a business or individual plans to achieve in a set period of time. These goals are often split into short-term goals and long-term goals. Business goals can be general and high level, or they can focus on specific measurable actions. One of the reasons businesses succeed is that they reach consumers first. The fastest companies to market have the best access to customers. ... It's much easier to dominate a market without competitors. If you are first to market, you are more likely to succeed, even if your product or service is substandard.

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Sharon purchases two products, X and Y, with a given fixed budget. The marginal utility she receives from the last unit of X she
lorasvet [3.4K]

Answer:

The correct answer is option A.

Explanation:

Sharon in consuming two goods X and Y.  

The price of X is $2 and that of Y is $1.  

The marginal utility derived from consuming X is 60 utils and from consuming Y is 30 utils.  

For profit-maximization the ratio of marginal utility and price should be equal for both goods or the marginal utility of money spent on both goods should be equal.  

The ratio for good X

= \frac{MUx}{Px}

= \frac{60}{2}

= 30  

The ratio for good Y

= \frac{MUy}{Py}

= \frac{30}{1}

= 30  

Since the ratio is same for both the goods it implies that Sharon is maximizing her total utility.

3 0
4 years ago
Risk can be thought of as the possibility of incurring??
tia_tia [17]

Answer:

Risk can be thought of as the possibility of incurring a loss.

Explanation:

Loss.

4 0
3 years ago
A research scientist with a major pharmaceutical firm in New Jersey is caught passing on sensitive information, worth millions o
Mnenie [13.5K]

Answer:

Corporate espionage.

Explanation:

Corporate espionage is the act of utilizing espionage techniques for business or financial purposes. We normally consider "espionage" regarding spies taking a shot at benefit of one government attempting to get data about another.

7 0
3 years ago
In both the BCG and IE​ Matrices, the size of each circle represents the percentage of​ _______ contribution of each​ division,
blagie [28]

Answer:

The correct answer is C. sales; operating profits.

Explanation:

The BCG matrix is a tool to analyze the different approaches in terms of investment of business units, in order to give a clear answer to investors on whether it is convenient to continue contributing or withdrawing from the market.

The IE matrix allows the organization to carry out a self-analysis of both its internal and external structure, in order to identify the strengths and points on which it is possible to continue working to position the organization within the market and satisfy internal and external needs. .

5 0
4 years ago
esterday, Berryman Investments was selling for $50 per share. Today, the company completed a 7-for-2 stock split. If the total m
boyakko [2]

Answer:

The correct option is C, $14.29  

Explanation:

A 7-2 stock split means that 7 shares now have the value of 2 shares held previously.

This simply means that a stockholder who had 2 shares before the stock split now has 7 shares.

The price of the share after the stock split the value of 2 shares before stock split divided by 7 shares i.e   ($50*2)/7=$ 14.29  

The correct option from the multiple choices is $ 14.29  

4 0
3 years ago
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