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2 years ago

How does adaptability assist a school leaver to become a successful business owner

Business

1 answer:

noname [10]2 years ago

3 0

Answer:

To create a high degree of adaptability, you should develop more meaningful business relationships with others. If you're mindful of being respectful to others or having empathy, your relationships are only bound to deepen. In other words, when people see that you care about them and their businesses and not just what they can do to help you, you may gain more success. When you help someone without expecting anything in return, something happens. You get goodwill returned to you. In other words, when someone has a need or sees an opportunity for you, they will think of you, so it pays to keep your professional relationships adaptable.

People with a high degree of versatility have specific characteristics: attentiveness, competence, and resilience. Versatile people have a vision for the future and the ability to self-correct. People who are not versatile are resistant to change and single-minded. As an example, our friend could not focus on anything more than client development.

Explanation:

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______ can be defined as the general plan of action that describes resource allocation and other activities for dealing with the

Mamont248 [21]

Business can be defined

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3 years ago

Matt's factory rents equipment and hires students to produce sports bags. Compare the outputs at which Matt's AVC and ATC curves

stiks02 [169]

The output at which the average variable cost is a minimum is smaller than the output at which the average total cost is a minimum because initially when decreasing marginal returns set in, (E) average fixed cost is decreasing at a faster rate than average variable cost is increasing.

<h3>What is the average variable cost?</h3>

In economics, the variable cost per unit is known as the average variable cost.
Divide the entire variable cost by the output to get the average variable cost.
In the short term, the enterprises use the average variable cost to determine whether to stop production.

<h3>What is the average fixed cost?</h3>

The average fixed cost (AFC) is a fixed cost that remains constant regardless of the number of goods and services produced by a corporation.
To summarize, the average fixed cost (AFC) is the fixed cost per unit derived by dividing the total fixed cost by the output level.

Therefore, the output at which the average variable cost is a minimum is smaller than the output at which the average total cost is a minimum because initially when decreasing marginal returns set in, (E) average fixed cost is decreasing at a faster rate than average variable cost is increasing.

Know more about average variable cost here:

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Complete question:

Matt's factory rents equipment for manufacturing sports bags and hires students.

The table gives Matt's average total cost schedule and average variable cost schedule.

The output at which the average variable cost is a minimum is smaller than the output at which the average total cost is a minimum because initially when decreasing marginal returns set in, ______.

A.the total fixed cost initially increases and then decreases

B. total fixed cost is decreasing at a faster rate than total variable cost is increasing

C. average variable cost is decreasing at a faster rate than average fixed cost is increasing

D. total variable cost is decreasing at a faster rate than total fixed cost is increasing

E. average fixed cost is decreasing at a faster rate than average variable cost is increasing

7 0

1 year ago

1. After multiple rounds of layoffs, a plastics processing plant goes into bankruptcy because it has failed to keep up with tech

Gwar [14]

1. After multiple rounds of layoffs, a plastics processing plant goes into bankruptcy because it has failed to keep up with technological developments in the field. It is called dissolution.

2. Crisis is a multinational conglomerate facing a turbulent environment embarks on a cost-cutting campaign instead of spinning off companies and divisions that are no longer in line with the company’s core competencies.

3. Blinded is a college president doesn’t recognize that the availability of free online education is going to dramatically reduce the number of people who are willing to pay for a college degree.

Explanation:

Dissolution is the final phase of liquidation, the closure of a company, and the transfer of the property and assets of the company. Relationship breakup is the first of two phases of relationship termination.

For example, marriage breakdown. It is the last winding-up process of corporate law.

There are several types of circumstances where disaster conditions can be considered. Which include: social disturbance or interruption of the family, as stated at the outset of the lesson. Natural hazards -floods, tornados, storm events, explosions and other natural phenomena incident.

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3 years ago

Maria took out an unsubsidized Stafford loan of $6,925 to pay for college. She plans to graduate in 4 years. The loan had a dura

enot [183]

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3 years ago

Read 2 more answers

Mathrans, a textile firm, wants to hire two costume designers for a new movie project. To precisely determine the future job per

irga5000 [103]

Answer:

<u>Validation</u>

Explanation:

The validation process occurs when an organization needs to know the skills and performances of some job seekers. Through a test with selected measures, such as construction measures, content and criteria, it is possible for the company to know and predict if a candidate is able to perform the tasks assigned to the position he is running.

7 0

3 years ago