Answer:
So should i create a power point for you and then include a link or just type it up with images and you can copy and paste into slide i will do the latter.
Explanation:
what Is quality Control
Answer:
a system of maintaining standards in manufactured products
Hollywood Construction Company recognizes revenue over time according to percentage of completion for its long-term construction contracts. During 2018, Hollywood began work on a $3,000,000 fixed-fee construction contract, which was completed in 2021. The accounting records disclosed the following data at year-end:
Cumulative contract costs incurred Estimated costs to complete at end of year
2018 $200,000 $1800,000
2019 $1100,000 1100,000
2020 2,000,000 4,00,000
For the 2020 year, Hollywood should have recognized gross profit on this contract of :___________
Answer:
Recognized gross profit on this contract for the 2020 year = $100,000
Explanation:
Note: See the attached excel file for the Calculation of Recognized Gross Profit on this contract for the 2020 year (in bold red color).
In the attached excel file, Recognized Gross Profit for Each Year is calculated using the following formula:
Recognized Gross Profit = Revenue for Current Period - Actual Cost Incurred
From the attached excel file, we have:
Recognized gross profit on this contract for the 2020 year = $100,000
The difference between a firms current assets and current liabilities is known as the
Answer:
Working capital
Explanation:
Working capital, also called net working capital, represents the difference between a company's current assets and current liabilities.
The difference between a firm's current assets and current liabilities is known as its "working capital." Working capital is a measure of a company's short-term financial health and represents the funds that are available to finance the day-to-day operations of the business.
Current assets include cash, accounts receivable, inventory, and other assets that are expected to be converted into cash within one year or within the normal operating cycle of the business, whichever is longer. Current liabilities, on the other hand, include accounts payable, short-term loans, and other obligations that are due within one year or within the normal operating cycle of the business. Therefore, working capital is calculated by subtracting current liabilities from current assets: Working Capital = Current Assets - Current Liabilities
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When you get an item you want, there is always something you lose (such as
money). What you LOSE is called what?
Answer:
Opportunity Cost
Explanation:
Defined as the loss of potential gain from other alternatives when one alternative is chosen.
The duties required of an injured person seeking coverage under Medical Payments to Othersinclude all of the following, except:a. Promptly notify the insurer of any notice or demandb. Submit to a physical exam by the insurer’s physicianc. Cooperate with the insurerd. Help the insurer in settling the claim
All of the following obligations apply to an injured party seeking coverage under Medical Payments to Others, with the exception of helping the insurer resolve the claim.
Medical expenses are covered by the medical expenses clause of the car insurance. This optional insurance protects the insured and passengers. In addition, it pays the expenses of the passengers of the other car if the insurer causes a collision. This means that the insured's family is not covered by health insurance. All insured drivers in Florida must carry $10,000 in personal injury protection (PIP), which covers 80% of all medical expenses directly related to injuries sustained in a car accident. Personal Injury Protection (PIP) covers the reasonable costs of treatment, recovery, rehabilitation, lost wages and compensatory services. PIP insurance covers part of the funeral expenses and family benefits.
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Advise business on the role of intermediaries in the distribution process.
Intermediaries, in business and marketing, are those that act as a middleman between the producer and the consumer. The role of intermediaries in the distribution process of goods and services is to ensure that products and services are moved from the producer to the consumers.
There are several types of intermediaries in the distribution process, including wholesalers, retailers, agents, and brokers. They play a crucial role in the distribution process in the following ways:
Assist in Sorting and Selection: Intermediaries help producers to sort and select their products, which saves time and money for producers.Assist in Breaking Bulk: Intermediaries buy goods in large quantities from producers and then break them into smaller quantities. This makes it possible for producers to sell their products in smaller quantities, making it possible for consumers to afford them.Helps in Transporting Goods: Intermediaries help in transporting products from producers to consumers by offering transportation services at lower costs. They also assist in the warehousing of goods, which helps in the storage and protection of goods.Assist in Financing: Intermediaries play an important role in financing. They buy goods from producers, hold them, and then sell them to consumers. This helps to reduce the risk of loss for producers by providing cash up front for goods sold. They also offer credit facilities to consumers, which makes it possible for them to buy goods without having to pay cash upfront.Help in Providing Information: Intermediaries help to provide information about products and services to consumers, making it easier for them to make informed decisions. They also help to provide feedback to producers about the quality of their products and services.For more such questions on marketing
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ACTIVITY 7
7.1 Read the following text and answer the following questions.
VENTURING AND EXPANDING
Businessmen have realised that it is not always necessary to start a business from scratch. In order to
expand, wise businessmen have given other businesses a right to sell their similar products within some
regulations. Others have been smart enough to realise that their small items that require regular
maintenance can make money for by contracting them to another business. It is even more
advantageous when an institution decides to focus on its vision and improve their quality by allowing
specialists to perform other duties on their behalf.
7.1.1
Identify THREE ways of acquiring a business avenue from the scenario above. Motivate your
answer by quoting from the scenario above.
(9)
Use the table below to present your answer.
BUSINESS AVENUE
MOTIVATION
7.1.2
Analyse the impact of each of way of acquiring a business avenue identified in QUESTION
7.1.1.
(18)
7.1.3
Outline the contractual obligations of any TWO of the ways to acquire a business avenue
identified in QUESTION 7.1.1
(12)
Answer:
add a responsible business partner that add income to your sales and together you can achieve your success
This chapter is all about trade--imports and exports and the balance of payments.
Andriana Rodriguez is applying for a loan. As she is filling out the paperwork, she comes across a question about her age, which Andriana does not fill in.
Which consumer protection law best supports Andriana's decision to leave this field blank?
- the Equal Credit Opportunity Act (ECOA)
- the Home Mortgage Disclosure Act (HMDA)
- the Truth in Lending Act (TILA)
- the Truth in Savings Act (TISA)
Answer:
ECOA
Explanation:
ECOA Prohibits discrimination based on age (provided they have the capacity to contract)
I NEED HELP PLEASE PLEASE I BEG
The article claims "Import taxes from 60% to 100% in the world's fourth-largest car market rank among the highest globally, drawing criticism from companies such as Tesla Inc (TSLA.O)Links to an external site., which shelved entry plansLinks to an external site. because of the high tariffs." Why is it that the Indian government has allowed so far 60% - 100% tariffs on imported cars? Your answer needs to be found in the article OR in the chapter that you learnt (3). NOT in Internet desktop research! (50-75 words, 5 pts).
Why are Maruti Suzuki, Tata Motors and Mahindra resisting this change? Again, use the article and what you have learnt in class. NO desktop research. (50 words max, 4 pts).
All else equal, would the WTO - a priori - be pleased about this potential development? Meaning a possible reduction of Import Taxes or Tariffs. If yes why? If no why? (50 words max, use your arguments based on the textbook material AND/OR Internet research here!, 3 pts)
Say you're a resident of India, and you were planning to buy a Range Rover made in the UK. All else equal, and given this article, and given you have the money available to buy the car - would you, a priori, buy the car or postpone your purchase? If yes why? If no why? (50 words max, 3 pts)
PLEASE I NEED HLEP
The Indian government has allowed such high tariffs on imported cars in order to protect domestic car manufacturers such as Maruti Suzuki, Tata Motors and Mahindra, who would otherwise face competition from foreign companies and face a possible decrease in their market share.
What is domestic?Domestic refers to activities or relationships that occur within a country or nation, such as domestic policy, domestic trade, domestic travel, and domestic affairs. Domestic activities are usually distinguished from international activities, as those that occur between two or more countries. Domestic activities are generally related to the internal affairs of a country and its citizens, including political, social, and economic issues.
Maruti Suzuki, Tata Motors and Mahindra are resisting the potential change because they are concerned that they would be unable to compete against foreign companies, who would be able to offer cheaper cars due to the lower tariff rates.
The WTO would not be pleased with this potential development because it is against their objective of free trade and would create an uneven playing field between domestic and foreign companies.
If I were a resident of India and planning to buy a Range Rover made in the UK, I would postpone my purchase because the high tariff rates would make the car much more expensive than it would normally be. This would mean that I would have to pay significantly more for the same car than if I had bought it from a domestic manufacturer.
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Ahmed is planning to open a tax consulting business. What is a risk when running a service business.
1. Services can me inconsistent
2. Services depend on people
3. Services are often tangible
4.services are not always sought
The risk of tax consulting business is that it's service is dependent on people and they make or mar the business.
What is the risk of a tax consulting business?The risk when running a service business such as a tax consulting business is that services depend on people. This means that the quality of the service is dependent on the skills, knowledge, and performance of the individuals providing the service. If the business is heavily reliant on a few key employees, their absence or departure can have a significant impact on the quality of service and the ability of the business to meet client demands. Additionally, if the business is unable to attract and retain skilled employees, the quality of service may suffer, which can lead to decreased customer satisfaction and lower revenues. Therefore, it is important for service businesses to have a solid plan for recruiting, training, and retaining skilled employees in order to mitigate this risk
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Mckenna is a high-school student who wants to become a High School Science Teacher. What are the most helpful examples of milestones for this goal? Check all that apply.
1 graduating from college
2 graduating from high school
3 living in another country, and learning the language
4 completing an internship at a newspaper
5 learning to swim
6 volunteering to work in classrooms
answer is 1 2 6
Answer:
2, 1, and 6
Explanation:
McKenna should graduate from high school and apply to college prior to graduation. To be a teacher, McKenna must earn a college degree. After earning a bachelor's degree, McKenna will need to spend time volunteering in a classroom while preparing to take a state licensing test and successfully pass it to be a paid high school teacher in any state's education system.
Answer:
1,2,6
Explanation:
mary a second year college student wants to earn extra pocket money.she is good with making hamburgers,so she is considering opening up a hamburger stall on weekends at the local flea market near the campus
The answer is , since we know that each hamburger costs R5 to make, and Mary would like to sell her double cheeseburgers at the same price as her major competitor, R15 each.
What to do-
In order to cover her costs, she needs to sell enough hamburgers to generate R2000 in revenue. Since each hamburger is sold for R15, this means she needs to sell 133.33 hamburgers per day:
R2000 ÷ R15/hamburger = 133.33 hamburgers/day.
It is good to note that she needs to sell more hamburgers than her competitors, to generate the same amount of money while having additional costs.
What does a company' revenue mean?Revenue for a company is its gross income before deducting any costs. Revenue is the financial benefit from sales and/or services provided and is defined by profits and total earnings.
Difference between revenue and profit?Profit refers to net income after deducting expenditures from earnings, whereas revenue refers to income produced via company activities.
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SELECT AN ORGANISATION OF YOUR CHIOCE.
1.1 SUMMARISE THE NATURE OF BUSINESS
1.2 SUMMARISE THE BUSINESS MODEL
1.3 WHAT ARE THE KEY BUSINESS DRIVERS
2.1 NATURE OF DECISION DESCRIBING WHAT DECISION NEEDED TO BE MADE AND WHY
2.2 SUMMARISE HOW WAS THE DECISION MADE
2.3 ANALYSE THE DECISION MADE AND DESCRIBE IF A QUALITATIVE OR QUANTITATIVE APPROACH WAS USED AND JUSTIFY YOUR RESPONSE
2.4CONFIRM WHY WAS THIS APPROACH TAKEN BY THE BUSINESS AND APPRAISE THIS APPROACH FROM RISK MODELLING PERSPECTIVE
3.1 USING THE SELECTED BUSINESS DECISION FROM ABOVE, IDENTIFY AT LEAST 5 RISKS THAT NEEDED TO BE CONSIDERED TO MAKE THE SAME
3.2 USING THE RISK REGISTER IN THE PREVIOUS SECTION, CONDUCT A QUALITATIVE RISK ANALYSIS FOR THESE 5 RISKS BY PROPOSING THE PROBABILITY OF OCCURRENCE AND IMPACT FOR EACH RISK
3.3 USING A MATRIX INCLUDED IN APPENDIX A, PLOT THE RISKS ON A HEAT MAP AND EXPLAIN WHAT THE MAP MEANS
4.1 USING THE REGISTER DERIVED IN QUESTION 3.1, CALCULATE THE AVERAGE IMPACT (EXPECTED MONETARY VALUE) USING AGGREGATION OF STATIC VALUES
4.2 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
5.1 USING THE REGISTER FROM 3.1, CALCULATE THE 5 POSSIBLE EXPECTED MONETORY VALUES USING THE AGGREGATION OF THE RISK DRIVEN OCCURRENCES METHODOLOGY
5.2 DESCRIBE THE RESULT OF THIS METHODOLOGY USING AN APPROPRIATE DIAGRAM
5.3 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.
Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.
Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.
This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions
5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:
The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:
The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.
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Another view of leadership focuses on a continuum of behavior ranging from a type of leadership with a formal hierarchy and power emanating from the top down to the other end of the range where: Select one: a. leaders seek sole possession of power and control. b. leadership is distributed among, and stems from, team members. c. those lowest in the organization have the most power due to threats and sabotage. d. a heavy leadership commitment toward bureaucracy and task monitoring.
Answer:
b
Explanation:
leadership is distributed among, and stems from, team members.
Leadership is distributed among and stems from, team members.
The answer is option B.
What are leadership skills?Leadership skills can be described as moves or a collection of moves used to force or guide groups and peers to success. They recognize how to manage, have an effect on, and encourage all of us in their group. They recognize a way to deal with difficult situations and hold their teams engaged and centered.
Who is a good leader?There are a number of vast expertise regions which might be particularly critical for leaders. Those encompass strategic wondering, making plans and delivery, people control, alternate management, verbal exchange, persuasion, and impact. Consequently, they may be known as right leaders.
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What accounts are used to record disposal of an asset?
The difference between the disposal proceeds and the net carrying amount of the fixed asset being disposed of is recorded in a disposal account, which is a gain or loss account that appears in the income statement.
Assets must be removed from the accounting records as part of the disposal process. To entirely erase every trace of an asset from the balance sheet, this is required (known as derecognition). In the reporting period in which the asset disposal occurs, a gain or loss may need to be recorded on the transaction. We'll assume that the asset being sold is a fixed asset for the purposes of this discussion. The basic idea behind asset disposal accounting is to reverse both the fixed asset's recorded cost and the associated amount of accumulated depreciation.
Any residual discrepancy is recorded as a gain or a loss, depending on how much there remains between the two. The gain or loss is determined by subtracting the net disposal proceeds.
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Airports Company of South Africa (ACSA) owns and operates principal airports in South Africa. How can ACSA improve the safety and security issue at the major airports in which in operates at?
ACSA improve the safety and security issue at the major airports in which in operates at through the following:
Improvement of screening Lanes.Employment of more rained personnel.Installing pre-security checkpoints.What is Safety?This is defined as a condition in which an individual is protected from harm or any type of danger.
The use of trained personnel and cameras are vital in ensuring that the security in airports are improved so as to prevent accidents and death.
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ABC reports income tax expense of $800,000. Income tax payable at the beginning and end of the year are $50,000 and $70,000, respectively. What is the amount of cash paid for income taxes
Answer: $780,000
Explanation:
Income taxes paid for the year are:
Cash paid for income taxes = Beginning income tax payable + Income tax expense - Ending income tax payable
= 50,000 + 800,000 - 70,000
= $780,000
Imagine you are planning how to set up your new business office. What types of technology and equipment might be needed? Why might it be important for an entrepreneur to know the terms listed below? Briefly define each and explain the importance for a small business owner:
Hypertext
URL (or link)
Internet Service Provider
Bulletin Board Service
Electronic Storefront
Newsgroups
Flames
The types of technology and equipment needed in a commercial office can be cybersecurity software as well as customer relationship management (CRM) systems that assist in collecting, analyzing and organizing the information of your customer base.
It is essential for an entrepreneur to understand some terms related to information technology to generate greater compliance, security and reliability in organizational processes.
HypertextIt corresponds to non-sequential and non-linear electronic writing, which is added to other information such as words, blocks of texts, images or sounds.
URL (or link)Its acronym stands for Uniform Resource Locator, which corresponds to the address of a resource available on a given network.
Internet Service ProviderIt is a commercial or non-profit entity that offers internet access and use services.
Bulletin Board ServiceIt is a software that allows the connection via telephone of a computer system for interaction, as well as the internet.
Electronic StorefrontCorresponds to the hosting of e-commerce sites, that is, sites used to advertise and sell products and services, managing online transactions.
NewsgroupsForums in which it is possible to share opinions on different subjects, with people who share the same interests.
FlamesIt is a type of modular malware that attacks computers and can spread to other systems through LAN and USB memories, generating data and documents steals.
Therefore, it is essential that every entrepreneur understands basic principles of automation to achieve greater security, availability of information and speed in their processes.
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Q3. Given the demand and
Supply functions for product z: 800-20PZ and 100+10PZ
A. Determine the price
and
Quantity at which the marke
for Product z is in equilibrium
and show graphically
The equilibrium price that we have here is 23.3 while the equilibrium quantity is 333.3
How to solve for equilibrium price and quantityIn order to get the equilibrium price and the quantity we would have
800-20PZ = 100+10PZ
We would have to collect the like terms
800 - 100 = 10 pz + 20 pz
700 = 30 pz
To get the price of z we have to divide through by 30
700 / 30 = pz
23.3 = Pz
Next we have to find the equilibrium quantity
100 + 10PZ
100 + 10 x 23.3
100 + 233.3
= 333.3
Hence the equilibrium price that we have here is 23.3 while the equilibrium quantity is 333.3.
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The basic economic questions that any provider of goods must ask are:
• What will be produced?
• Who will produce it?
• For whom will it be produced?
In which type of economy are these decisions made solely by the
government?
A. Mixed
B. Free
C. Command
D. Traditional
Answer:
C. Command
Explanation:
In a command economy, the government owns and controls all the factors of production. All the factors of production are owned and controlled by the government. The government does all the productions through its agencies.
The government prepares central economic plans that guide the country's economic activities. The central plans indicate what goods and services will be produced, their quantities, and prices. The plans also dictate how distributions will be done in the country.
James has a large farm. He often gets together with a nearby neighbor who raises chickens. When they meet that trade vegetables for chicken and eggs. No money changes hands. They have made trades like this since their parents own the land and have continued the trades. What type of economy is being described?
The American Recovery and Reinvestment Act introduced a large amount of government spending into the economy—$789 billion! Suppose the marginal propensity to consume in the United States is 0.85. How much would the program increase total spending in the economy?
Answer:
$5,262.63
Explanation:
The computation of the program increase in total spending in economy is shown below:
But before that we need to find out the government spending multiplier is '
= 1 ÷ (1 - MPC)
= 1 ÷ (1 - 0.85)
= 6.67
Now
The increase in total spending is
= increase in spending × spending multiplier
= $789 billion × 6.67
= $5,262.63
Hence it would be increased by $5,262.63
One of the strategies suggests increasing your income by doing things like asking for a raise, starting a side hustle, or even getting a second job. Although it would be effective, what problems could come from doing these things and why might it be difficult for some people?
Employees who work on their side business during regular business hours are one potential source of worry, as is the ownership of any intellectual property produced by a side business.
Are side businesses successful?A side hustle can increase your financial stability by raising your income, even if it's only by $100 a month. Also, your monthly income has the potential to increase significantly, making it simpler to pay off debt and save money.
What advantages come from beginning a side business?your financial situation. In addition to a full-time work, a side hustle is a means to make extra money. It could be simpler to pay bills, put money away, or help with other obligations if you have additional cash.
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causes of child labor
Selam!
I am Turkish.
çocuk işçiliğini kötü insanlar yapar. mesela amerikanlar, ruslar ve benzeri.
İyi dersler :)
https://eodev.com/app/profile/7139574 'i takip et!
Describe the power relationship between Numi and its supply chain partners.
In any supply chain, power dynamics can vary depending on various factors, such as the size of the companies involved, the type of product or service being supplied and the degree of competition in the market.
What is a product?In economics, a product refers to good or service that is produced, marketed, and sold to satisfy customer's needs and wants. A product can be tangible, such as a physical item like a smartphone or a car, or intangible, such as a service like consulting or healthcare. The production of a product involves various stages, including design, development, manufacturing, and distribution. A successful product must fulfill the needs and wants of the target market, be competitive in terms of quality and price, and be marketed effectively to reach potential customers. In addition to meeting customer demands, a product must also comply with relevant regulations and standards to ensure safety, quality, and sustainability. Ultimately, the success of a product depends on its ability to generate revenue and profit for the company that produces it.
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I AM SO FRUSTRATED RIGH NOW! I WANT TO CANCEL YOUR SERVICE IMMEDIATELY!!! I AM CONTACTING THE BETTER BUSINESS BUREAU, THIS IS BS. THERE IS NO OPTION TO CAN EL
Answer:
are u ok?
Explanation:
The us government would most likely get involved in which economic issue?
Answer: The United States government is most likely to get involved in economic issues related to taxation, trade, labor, and the regulation of businesses. Additionally, the government may get involved in other economic issues such as poverty, unemployment, inflation, and the national debt.
List all the economic activities involved in each of the following businesses:
•selling cotton shirts at a store
•selling hamburgers at a fast-food restaurant
•selling medicines at a drug store
•selling gas at a gas station
Answer:
Selling cotton shirts at a high-street store:
Manufacture: First, the factory manufactures shirts using raw materials they’ve purchased from suppliers.
Quality control: The shirts go through quality control to check for defects and to ensure uniformity among all the shirts. Quality inspectors are paid to ensure that shirts are free of defects.
Packaging/transportation: After the quality control process, the factory packages the shirts and hires transportation services to transport the shirts to the retail outlet.
Labeling: At a retail outlet, each type of shirt is valued and receives a price tag based on the discount that the storeowner decides to offer consumers.
Selling: Consumers choose between many types of shirts and may decide to purchase the shirt based on the quality and price.
Selling hamburgers at a fast-food restaurant:
Buying the ingredients: Headquarters buy ingredients from meat suppliers.
Assembly process: A team of chefs starts the preparation by chopping and assembling all the ingredients. Another team of chefs makes the burgers, and the ingredients are ready for delivery. Chefs are paid to ensure burgers are prepared correctly and packaged to maximize shelf life.
Packaging: The packaging department packs the burger patties and hires a specialized transportation service to deliver the frozen patties to the restaurant.
Selling: The restaurant prices the burgers and prepares them as customers order them. Customers can choose between this restaurant and another down the street.
Selling medicines at a drug store:
Manufacturing: A valid license holder manufactures the medicines. The manufacturer may hold the patent for certain drugs or may pay for the license to manufacture the drug.
Wholesalers: Wholesale dealers sell the medicines to pharmacies or other wholesalers.
Selling: Pharmacies sell the medicines to consumers, who may have the choice to purchase other drugs, including generic drugs.
Selling gas at a gas station:
Production: The oil company has to drill underground to find oil. The operation is typically paid for by investors that hope to strike oil and sell the oil to a refinery.
Refining: The crude oil is then refined at a refinery, who purchases the oil from the drilling company.
Selling: The oil company sells the refined oil to gas stations, which sell the gas to consumers. Consumers have many choices for gasoline, so the market price is a buyers’ market.
Explanation:
Don't really need one lol, I literally got the answer from the problem since I have to do this too
Economic Activity refers to the process involved in the conversion of raw material to finished goods and services. The activities are explained briefly.
What is an Economic activity?Economic activity means when assets, for example, capital merchandise, work, fabricating strategies, or delegated items are consolidated/used to create products and services.
1. Economic activity for selling cotton shirts at a high-street store:
Manufacture: make shirts using was materialsQuality control: to find out any defectsPackaging/transportation: the shirts are packaged and transported to the retailer.Labeling: the shirt is valued and price taggedSelling: sold to consumers2. Selling hamburgers at a fast-food restaurant:
Ingredients Purchase: buy ingredientsAssembly process: chefs prepares the dish Packaging: The burger is packed and transported the restaurant. Selling: sold to consumers3. Selling medicines at a drug store:
Manufacturing: license holder manufactures the medicines. Wholesalers: Wholesale dealers sell the medicines to pharmacies Selling: sold to consumers4. Selling gas at a gas station:
Production: The oil company has to drill underground to find oil. Refining: refined the crude oil Selling: sold to consumersTherefore the above statements explain the economic activities.
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On a timeline, a goal that will be achieved in ____ years will be to the left of one that will be achieved in ____ years.
A. 9; 6
B. 6; 3
C. 9; 3
D. 6; 9
On a timeline, a goal that will be achieved in __6__ years will be to the left of one that will be achieved in __9__ years.
Whewn will the goal be acheived?By considering a timeline, the goals and events that will be completed in a larger duration are arranged further to the right, whereas those with a lesser duration of time will be placed on the nearer left side.
Hence, an objective that needs six years for accomplishment must be set off before one that needs nine years for fulfilliment. Accordingly, answer D is the sole option wherein the first number (6) lies earlier than the second number (9).
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