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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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Y3K, Inc., has sales of $7,475, total assets of $3,525, and a debt−equity ratio of .34. Assume the return on equity is 20 percen

azamat

Answer:

Net Income is $485.4

Explanation:

According to the accounting equation

Assets = Equity + Liabilities

So putting value of assets = 3,525, and assuming equity = x, then:

3252 = Liabilities + x

Liabilities = 3252 - x

Now putting this value in the debt to equity formula,

Debt / Equity = 0.34

(3252 - x) / x = 0.34

3252 - x = 0.34x

1.34x = 3252

x = 3252 / 1.34 = $2427 This is the value of equity.

Now

Return on Equity = Net Income / Equity

and return on equity is $2427, so by putting values in the equation, we have:

0.20 = Net Income / 2427

Net Income = $485.4

4 0

4 years ago

3. What are the similarities and differences between balancing a city budget and balancing a personal budget?

qaws [65]

Similarities of balancing a city budget and balancing a personal budget is that you are both budgeting it and planning for certain expenses that you need to pay.
Differences between balancing a city budget and balancing a personal budget is that city budget is quite big amount while personal budget is just small. City budget involves many people.

8 0

3 years ago

Larry Ellison starts a company that manufactures high-end custom leather bags. He hires two employees. Each employee only begins

Degger [83]

Answer:

12.55 days

Explanation:

Provided information

Number of employees 2

Average production time=1.8 days

Standard deviation=2.7 days

Inter-arrival time= 1 day

Coefficient of variation= 1 day

Standard deviation of inter-arrival time= 1 day

The coefficient of variations

Inter-arrival coefficient of variation

$C_{vi}=\frac {\sigma}{T}$ where $\sigma$ is standard deviation of inter-arrival time, T is inter-arrival time and $C_v$ is coefficient of variation of inter-arrival time

$C_{vi}=\frac {1 day}{1 day}=1$

Production time coefficient of variation

$C_{vp}=\frac {2.7}{1.8}=1.5$

Total utilization time

$U=\frac {T}{n*T_i}$ where T is the time of production, n is number of employees, U is utilization, $T_i$ is inter-arrival time

$U=\frac {1.8}{2*1}=0.9$

Therefore, utilization time by 2 employees is 0.9

Expected average waiting time

$T_e=(\frac {T}{n*T_i})*0.5(C_{vi}^{2}+C_{vp}^{2})*(\frac{U^{\sqrt{2(n+1)}-1}}{1-U})$

Where $T_e$ is expected average waiting time and the other symbols as already defined

Substituting 1.5 for $C_{vp}$ , 1 for $C_{vi}$ , 0.9 for U, 2 for n, 1 for $T_i$ and 1.8 for T

$T_e=(\frac {1.8}{2*1})*0.5(1^{2}+1.5^{2})*(\frac{0.9^{\sqrt{2(2+1)}-1}}{1-0.9})$

$T_e=0.9*1.625*8.583709=12.55367 days$ and rounding off to 2 decimal places we obtain 12.55 days

Therefore, expected duration between order received and beginning of production is approximately 12.55 days

7 0

3 years ago

Medicare deduction is withheld at a standard rate of 1.45 percent. suppose your gross pay this week is $750. how much medicare t

Hoochie [10]

1.45% = 0.0145
0.0145 * 750 = 10.875
You will have $10.88 withheld from your paycheck this week for medicare tax.

5 0

3 years ago

Newly-implemented government regulations have reduced the availability of raw materials for Blair Woodworking Corp. This would b

Arlecino [84]

Answer: Threat

Explanation:

The threat is one of the important factor in the SWOT analysis that is basically used for analyzing the main causes of the damages in an organization, products and the venture. The threats can be defined as external or in a negative way.

The SWOT is stand for the strengths, weaknesses, opportunities, and the threats and these are the techniques for evaluating the four main aspects of the business.

According to the given question, the implementation of the new government regulations are reducing the availability of the raw materials and this is known as the external organization threat in the given SWOT analysis.

Therefore, Threat is the correct answer.

3 0

3 years ago