Customers are more likely to perceive the degree of service provided by various shops than the kind of ownership when it comes to classification techniques for retail outlets.
Retailers can be categorised in four ways: size, location, margin versus turnover, and number of shops. This type of ownership has a clear benefit for independent retailers: The owner is in charge. The corporate chain, a different type of ownership, unites several shops under a single ownership structure. When retailing is done from a physical location, the retailer is based there. This kind of retailing is more typical. With non-store retailing, the retailer doesn't run their business out of a physical location. Despite being well-known, this format is still relatively new in many nations.
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among the methods of retail outlet classification, the level of service between different retailers is easier for customers to perceive than _____.
What are some of the services and programs that are funded by income taxes?.
The service and programs supported by income tax are health covers, security to the society , educational schemes, interest on the debt of the country and so on.
What are the benefits provided by the government?The services and programs funded by income tax utilize for the welfare of the society. This income tax is used in the development of infrastructure and to increase growth opportunities in the country.
The Government purchased arms and weapons to protect the country from neighbour rival countries and provide security to the citizens. They use this amount in the invention of new medicines or research.
The Government launched new schemes to educate individuals and also provide them with employment opportunities. They also provide healthcare facilities to their citizens.
Therefore, these are the services that are funded to provide support and safety to the citizens of the country.
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When practicing entrepreneurship, starting with means at hand involves ______. a.using your available resources to fund your venture b.analyzing who you are c.sharing your ideas d.asking friends to contribute to your venture
When practicing entrepreneurship, starting with means at hand involves analyzing who you are.
What is entrepreneurship?entrepreneurship can be regarded as the term that describes owing a business and been responsible for both the risk and the profit.
Therefore, as an entrepreneur , you must be able to analyze who you are, so as to know your strength.
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which of the following is an effective strategy for personal saving? wait until the end of the month and save whatever is left in your checking account save a certain percentage of each paycheck and deposit it directly into a savings account cover all of your wants and needs and save whatever is left over take out a payday loan so you can save before you receive your paycheck
b) Save a certain percentage of each paycheck and deposit it directly in a savings account. Common strategy for saving money is called the 50-30-20 rule.
Get a clear view of your financial condition to help you better arrange your savings goals. Another clever strategy to enhance your savings is to automate it.
One simple approach to keep your savings and expenditures separate is to put your savings on autopilot. When money first appears in your checking account, it's tempting to spend it. Automating your savings can help you resist that urge.
You may automate your savings in two ways: by dividing your direct deposit in half and directing a portion of it to a savings account; and by establishing a periodic transfer from your checking account to your savings account.
Typically, you can utilise direct deposit to put a set amount or a certain percentage of your paycheck into a savings account.
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Of every 500,000 jobs in the U.S., the approximate number of those through international firms are _____.
Answer:
90,000
Explanation:
The four career pathways in Finance are
Banking and Related Services, Insurance Services, Retail Sales, and Business Financial Management.
Securities Law, Insurance Services, Financial and Investment Planning, and Business Financial Management.
Banking and Related Services, Retail Sales, Securities Law, and Business Financial Management.
Banking and Related Services, Insurance Services, Financial and Investment Planning, and Business Financial Management.
Answer:
D
Explanation:
Answer:
D.
Explanation:
EDGE2022
Why is network business is risky?
Answer:
because small business have compitator
In percentage terms, the largest positive change in business activity in the united states since 1880 occurred during the 1990s.
a. True
b. False
This claim is untrue; in terms of percentage, the 1990s saw the biggest increase in business activity in the United States since 1880.
As the size and breadth of modern commerce drastically expanded, large organizations grew. The American economy expanded quickly, became the largest industrial economy in the world, and brought about a variety of positive changes despite the controversy surrounding the emergence of big business and the greater government control it sparked.
Positive aspects of change in an organization include maintaining a competitive edge and keeping relevant in your industry. Innovation, skill development, employee development, improved business possibilities, and higher staff morale are all benefits of change.
Increasing employee productivity through ethical social management. Reach out to more consumers that favor products and services that contribute to society. By avoiding social strife, encourage communication with local populations. Bring in money by earning a profit while serving a good cause.
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What can happen if revenue from sales is not matched with the expenses
incurred in making the sales?
OA. The business will make more sales in cash than on account.
OB. The amount shown for Inventory on the balance sheet may be
incorrect.
OC. The profits shown on the income statement may not be correct.
OD. The reported revenue will reflect only sales that were made in
cash.
If revenue from sales is not matched with the expenses incurred in making the sales The profits shown on the income statement may not be correct.
What can happen if revenue from sales is not matched with the expenses incurred in making the sales?If revenue from sales is not matched with the expenses incurred in making the sales, it can result in incorrect profits being shown on the income statement. This is because the income statement is used to measure the profitability of a business, and it is calculated by subtracting expenses from revenue.
If the revenue and expenses are not matched correctly, the profits shown on the income statement may be overstated or understated, which can lead to incorrect decision making by the management. This can also affect the company's financial statements and the way they are perceived by investors, creditors, and other stakeholders.
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From the end of 2010 to the end of 2011, M1 increased from $2,006 billion to $2,311 billion. By what percentage did M1 increase?
Answer:
15.20%
Explanation:
The computation of the M1 increase is shown below:
= (M1 End of the year 2011 - M1 end of the year 2010) ÷ M1 End of the year 2010
= ($2,311 billion - $2,006 billion) ÷ ($2,006 billion)
= 15.20%
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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A prominent part of planning is the preparation of a(n) __________detailing projected revenues and costs
A prominent part of planning is the preparation of a budget detailing projected revenues and costs.
A budget is a financial plan that outlines the expected income and expenses of an organization or individual over a specific period.
It helps in setting financial goals and making informed decisions about resource allocation.
To create a budget, one needs to estimate the expected revenues, such as sales or income from investments, and the anticipated costs, including expenses like salaries, rent, utilities, and materials.
The budget should be detailed, providing a breakdown of different revenue and expense categories.
This allows for better understanding and analysis of the financial situation.
For example, a company may have a sales revenue category that includes projections for different product lines or market segments.
Similarly, the expenses may be categorized into operational costs, marketing expenses, or research and development expenditures.
By preparing a budget, organizations and individuals can gain insights into their financial health, plan for the future, and make adjustments as needed.
It serves as a valuable tool for decision-making, financial control, and performance evaluation.
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The overriding aim in building a management team should be to: A. select people who are committed to decentralizing decision making and empowering employees. B. assemble a critical mass of talented managers who can function as agents of change and further the cause of first-rate strategy execution. C. choose managers experienced in controlling costs and flattening the organization structure. D. select people who have similar management styles, leadership approaches, business philosophies, and personalities. E. choose managers who believe in having a strong corporate culture and deeply ingrained core values.
Answer:
B. assemble a critical mass of talented managers who can function as agents of change and further the cause of first-rate strategy execution.
Explanation:
A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.
This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.
A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.
Generally, the overriding aim in building a management team is to assemble a critical mass of talented managers who are able to typically function as agents of change while furthering the cause of first-rate strategy execution for the growth and development of a business firm or organization.
State the following statements are True or False. State the reason for your answer. Each question
carries 2 marks.
1. Labour intensive production means firms hire more people than any other factor of production. It is the
value (amount) spent that is measured.
Answer:.........
Reason:.....
2. Poor quality means that a firm's prices are higher than the industry average.
Answer:.....
Reason:........
3. Quality means that a product is high-class and one of the best in its industry, such as Rolls Royce cars or
Rolex watches.
Answer:.......
Reason:...
4. The location decision is irreversible.
Answer:.
Reason:..
Answer:
See below
Explanation:
1. True
Labor refers to human efforts in production. A labor-intensive production is when the manufacturing of a product or service relies heavily on labor than the other factors of production. Labor-intensive production is mostly applied in small-scale manufacturing or customized production.
2. False
Poor quality describes a product or a service that does not meet the expected standards. Poor quality is of low quality, one that is not properly made. Poor quality refers to a product or service that is of bad quality. A Poor quality product attracts low prices that are below the industry average.
3. True
Quality means a high degree of excellence. A quality product or service implies the product meets expected standards. Quality products offer excellent service to customers. Consumption of the product gives great satisfaction to the user.
4. False
The location decision can be reversed. A location is a place or area where a business will be set-up. The location decision involves identifying the most appropriate place to establish the business. The location decision is crucial as it can be the difference between success and failure.
Businesses have always re-located from one place to another. If the location chosen is not favorable, a decision can be made to re-locate. Reversing a location decision is expensive and time-consuming.
1 - what is the percentage ownership that padre has of sierra? 2 - on the books of padre , what was the amount of the investment in sierra? 3 - what accounting method did padre use for the investment in sierra on their internal books? 4 - what was the net amortization adjustment in the consolidation entries? this is the net e entry adjustment to income that i am looking for. 5 - assuming goodwill existed at the date of acquisition, why don't we see it on this consolidated worksheet?
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One contributor to the ease with which young entrepreneurs can have success is low-cost distribution to massive markets worldwide. This is enabled by: Group of answer choices
One of the ways in which young entrepreneurs can have access to low cost distribution is helped by the use of App stores.
What is Low-Cost Distribution?This refers to the business strategy where a business tries to offer a low pricing in order to ensure that they remain competitive.
With this in mind, we can see that to facilitate market distribution, there has been the use of app stores to ensure that young entrepreneurs are successful with their low cost distribution.
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How much must you invest today at 10% interest in order to see your investment grow to $18,000 in 3 years
To calculate how much you must invest today at 10% interest to see your investment grow to $18,000 in 3 years, we need to use the present value formula and solve for the present value.
The present value formula is given as follows:Present Value = Future Value / (1 + r) nWhere r is the annual interest rate and n is the number of years. Substituting the given values, we get:Present Value = $18,000 / (1 + 0.10)3 = $13,104.45Therefore, you must invest $13,104.45 today at 10% interest in order to see your investment grow to $18,000 in 3 years.The present value formula is used in finance to calculate the present value of an investment or cash flow based on a specified interest rate and time period.
It is a useful tool for determining the present value of future cash flows or determining the amount of money needed to make an investment that will generate a specified future value. In general, the higher the interest rate and longer the time period, the lower the present value of an investment will be.
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ABC Ltd had investment of Rs 68,000 as on 31.3.2013 and investment of Rs 56,000 as on 31.3.2014. During the year ABC Ltd sold 40% of its investments being held in the beginning of period at a profit of Rs 16,800. Determine cash flow from investing activities.
ABC Ltd had investment of Rs 68,000 as on 31.3.2013 and investment of Rs 56,000 as on 31.3.2014. the cash flow from investing activities was Rs 44,000.
What are investing activities.?Generally, Investing activities are actions taken by a business or individual to acquire or dispose of assets in order to increase their wealth. These activities can include the purchase of stocks, bonds, mutual funds, real estate, or other types of investments. Investing activities are typically undertaken with the goal of generating income or capital appreciation over time.
To determine the cash flow from investing activities, we need to calculate the amount of cash that ABC Ltd received from selling its investments.
The investment at the beginning of the period was Rs 68,000. If 40% of this investment was sold, then the amount sold was 40/100 * Rs 68,000 = Rs 27,200.
The profit from the sale of these investments was Rs 16,800, so the total cash received from the sale was Rs 27,200 + Rs 16,800 = Rs 44,000.
Therefore, the cash flow from investing activities was Rs 44,000.
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reviewers are largely supportive of the increased push to have people pre order video games
A- true
B- false
Answer:
False
Explanation:
Reviewers resist the pre-order movement because it circumvents their role in the marketing process.
50) Inventory does not include:
A) Materials used in the production of goods to be sold.
B) Assets intended to be sold in the normal course of business.
C) Equipment used in the manufacturing of assets for sale.
D) Assets currently in production for normal sales. ,
Inventory is a crucial part of any business that deals with the production and sale of goods.
It represents the value of goods that are held for sale, including raw materials, work in progress, and finished goods. However, inventory does not include all assets related to the production and sale of goods.
Option A is incorrect because materials used in the production of goods to be sold are considered part of inventory. These materials may include components, raw materials, and other items used in the production process.
Option B is incorrect because assets intended to be sold in the normal course of business are also considered part of inventory. This may include finished goods that are ready to be sold to customers.
Option C is incorrect because equipment used in the manufacturing of assets for sale is considered part of property, plant, and equipment. This equipment is not included in inventory because it is not held for sale.
Option D is the correct answer because assets currently in production for normal sales are considered work in progress, not inventory. Work in progress represents goods that are in the process of being produced but are not yet ready to be sold.
In conclusion, inventory does not include assets currently in production for normal sales. Instead, it includes finished goods ready to be sold, raw materials, and work in progress.
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For Hair Salon
How much funding do you think you need to run your business for 1 year? Why?
Answer:
100,000 for a building and expect to have an extra 40,000 for hair equipment.
Explanation:
Honesty there will be a difference depending on where you live. But even small office space can range from 100,000 to 600,000 and keep in mind that you will need to have anywhere from 40,000 to 250,000 for any hair equipment. Staring a business is not cheap but most people try to start their business off at home they work their way up the ladder to success.
Hope this helps and good luck!
g our boss always tells you exactly what you want to hear but then turns around and does something different. he rarely gives you any direct feedback and seems afraid to make tough decisions. he always wants everyone to like him. your boss is a(
The boss always wants everyone to like him. Your boss is a Passive-Aggressive Leader.
Your boss exhibits characteristics of a passive-aggressive leader who avoids direct confrontation and decision-making, preferring to manipulate and avoid conflict. They tend to say what people want to hear to avoid disapproval and maintain their popularity, even if it means making promises they can't keep.
This behavior creates a toxic work environment that can lead to low morale, lack of productivity, and frustration among team members. As a team member, it is important to communicate your concerns and seek clarity from your boss to ensure that you are on the same page.
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Fraud detection has become an indispensable tool for banks and credit card companies to combat fraudulent credit card transaction
A fraud detection firm has detected some form of fraudulent activities in 1.31%, and serious fraudulent activities in 0.87%, of
transactions. Assume that fraudulent transactions remain stable.
a. What is the probability that in a given year, fewer than 2 out of 100 transactions are fraudulent? (Do not round intermediate
calculations. Round your final answer to 4 decimal places.)
o
Probability
b. What is the probability that in a given year, fewer than 2 out of 100 transactions are seriously fraudulent? (Do not round
intermediate calculations. Round your final answer to 4 decimal places.)
Probability
a. The probability that in a given year fewer than 2 out of 100 is 0.6226.
b. 0.7834 is the probability that in a given year, fewer than 2 out of 100 transactions are seriously fraudulent
How to solve for the biniomial distribution
Let the fraudulent transactions be = p = 0.0131
n = 100
This follows the binomial distribution
X~(n,p)
p(X = x) = 100Cx (0.0131)^x (1-0.0131)^100-x
When x < 2
100C0 * 0.0131⁰ (1-0.0131)¹⁰⁰ + 100 C1 * 0.0131¹ (1-0.0131)¹⁰⁰ ⁻¹
= 0.2675+0.3551
= 0.6226
The probability that in a given year fewer than 2 out of 100 is 0.6226.
b. x is the serious fraudulent transactions
0.87% = 0.0087n = 100
X~possion(λ = np)
λ = 100 * 0.0087
= 0.87
p(x<2) = p(x=0)+p(x=1)
\(\frac{e^-^0^.^8^7(0.87)^0}{0!} + \frac{e^-^0^.^8^7(0.87)^1}{1!}\)
= 0.4189 + 0.3645
= 0.7834
0.7834 is the probability that in a given year, fewer than 2 out of 100 transactions are seriously fraudulent.
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1.the balance of an account is calculated as
A the total of the debit side
B the total of the credit side
C the difference between the totals of the debit and credit side
D.the sum of all entries
2.the total on the debit of an account is greater than the credit side.what does this mean?
A the account has a debit balance
B the account has a credit balance
C the account cannot be balanced
D the account has no balance
3.a credit balance occurs in a ledger account when
A the total on its debit side is greater than the credit side
B the total on its debit side is less than the total on its credit side
C the total on its debit side is equal to the total on its credit side
D the total is zero in the ledger account
Answer:
1.A
2.C
3.D
Explanation:
hope its help
How much should someone’s loan payment be if their total income is $100?
Someone’s loan payment if their total income is $100 should be 30 times their monthly income.
The loan payments means the amounts required to be paid by the borrower in repayment of the loan pursuant to the provisions of the loan agreement, the note and the bond mortgage.
In most cases, lenders consider approximately 50-75% of the net income as instalments. In case your expenses exceed the percentage, banks either increase the tenure of the loan or reduce the amount sanctioned.
Additionally, to minimise the risk of default, lenders keep the EMIs of the loan to about 45-60% of your monthly income.
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Which situation describes an oligopoly market structure? A. One company builds and sells all of the cars available in a developing country. B. Many different vendors sell the same few T-shirt designs to fans at a concert. C. Solar panels are only available from two companies operating in a country. D. A government gives one company full control over water treatment in a city.
Answer:
Answer C
Explanation:
Answer:C)
Explanation:just got it right<3
which step of business process management allows managers to create a continually improving process?a. Step 3: process executionb. Step1: process designc. Step 5: proses optimizationd. Stepp 4: process monitoring
Step 5: process optimization is the step of business process management that allows managers to create a continually improving process. Option C is correct.
This step involves analyzing data from the process and identifying opportunities for improvement. Once opportunities are identified, changes are made to the process, and then the process is tested to see if the changes have had the desired effect.
The process is then monitored to ensure that the changes are sustainable and that the process continues to perform well over time. By continually optimizing the process, managers can ensure that their organization is operating efficiently and effectively.
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occasionally, a salesperson may feel the need for legal advice, especially when preparing a sales contract. if so, the salesperson should
If a salesperson is in need of legal advice in preparing a sales contract, they should consult their supervisor or a lawyer.
Where should salespeople get legal advice from?The question is incomplete as no options are given so I can only present a general answer.
If a salesperson is in need of legal advice when they are preparing a sales contract, they should talk to their immediate supervisor if they work in a company.
If they are independent, then they should reach out to a lawyer that is knowledgeable in sales law to help them with the contract.
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How does industrial education affect industries?
Answer:
Industrial education will help student to know and understand industry demand. ... First, adaptability is a skill will help students to know and understand industry work and world, such as how to use technology, follow all industry SOP, all new chalanges industry, etc. Second, communication is an important skills to had.
Explain the role of public relations in developing and maintaining a corporate image.
By overseeing communication and relationships between an organisation and its stakeholders, public relations plays a critical part in creating and sustaining a company image.
To influence the perception, reputation, and overall image of the business, strategic communication is used. To improve the public's view of the company, public relations experts take part in activities like media relations, crisis management, community involvement, and employee communications. Public relations contributes to the development of trust, credibility, and goodwill among stakeholders by clearly articulating the company's ideals, accomplishments, and social responsibility efforts. It helps build the company's brand, draw in clients, investors, and talent while minimising reputational hazards.
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