Which of the tiles you placed in the pure competition column applies to this bicycle delivery person?
Answers
Pure competition simply means a market that's has a wide range of competitors who are selling the same product.
Aspects of pure competition market: I can provide some general aspects of pure competition that might apply to a bicycle delivery person.
In a pure competition market:
1. There are many buyers and sellers: The bicycle delivery person likely faces competition from many other delivery providers in the market.
2. Homogeneous products: If the delivery service provided by this bicycle delivery person is similar to others in the market, it can be considered a homogeneous product.
3. Free entry and exit: If the bicycle delivery person can easily enter or exit the market without any significant barriers, it aligns with the concept of pure competition.
4. Perfect information: In a pure competition market, all buyers and sellers have access to relevant information. In the case of the bicycle delivery person, this would mean that customers can easily compare prices and delivery times.
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Related Questions
How does saving money help people avoid debt?
A.by helping them reduce interest payments
B. By helping them get approved for loans
C.by helping them apply for credit cards
D. By helping them cover unforeseen expenses
Answers
Answer:
D. By helping them cover unforeseen expenses
In a mixed market economy, money goes to the government in the form of __________. A. Rent B. Taxes C. Loans D. Interest ASAP ECONOMICS
Answers
In a mixed market economy, money goes to the government in the form of taxes. Option B is correct.
In a mixed market economy, the government collects money from taxpayers in the form of taxes. This revenue is then used by the government to fund public services and programs, such as education, healthcare, and infrastructure development. Taxes can take many forms, including income tax, sales tax, property tax, and corporate tax, among others. In a mixed market economy, taxes are typically used to balance the role of the government and the private sector, promoting both economic growth and social welfare.
Taxes can be classified into different categories, such as progressive taxes, which increase as income increases, and regressive taxes, which take a larger percentage of income from lower-income individuals. The government also uses taxes to incentivize certain behaviors or industries, such as tax breaks for businesses that invest in renewable energy.
In a mixed market economy, the government's role in taxation and spending is often a topic of debate, as different groups may have varying opinions on the appropriate level of government intervention in the economy. However, most economists agree that some level of government involvement is necessary to ensure economic stability and promote social welfare. Option B is correct.
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1. below is an example of a diwalidiyas. Extract the different parts of the diyas by making a sketch emphasizing the use of lines, shape forms and color. 2. you may put some accent to make your work more creative .
Answers
Answer:
need more info (incomplete)
Explanation:
GlaxoSmithKline Plc. (GSK) is a global pharmaceutical and consumer health-related products company located in the United Kingdom. The company prepares its financial statements in accordance with International Reporting Standards. Review the attached Consolidated Statement of Cash Flows for GlaxoSmithKline Plc. (pg 19).
Required:
Identify the items in the statement that would be reported differently if the statement was prepared according to U.S. GAAP rather than IFRS.
In your opinion, which presentation is more helpful to a potential investor? Justify your response.
Answers
The items in the statement that would be reported differently if the statement was prepared according to U.S. GAAP rather than IFRS are:
the method of computing cash flow from operating activities (direct vs. indirect method);
disaggregation of cash flows into operating, investing, and financing activities;
presentation of interest and dividends paid; and
classification of debt issuance costs and debt discount amortization.
In my opinion, the presentation of the consolidated statement of cash flows using the IFRS framework is more helpful to a potential investor. The reason for this is that IFRS provides for more consistency and uniformity in the presentation of financial information for multinational companies, which is vital for a potential investor to make informed decisions about investing. Additionally, IFRS allows for better comparability of financial statements of companies from different countries, which is important for investors who are looking to diversify their portfolio by investing in foreign companies.
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explain different types of barriers to the free movement of
goods and services ?
Answers
Barriers make it more difficult for goods and services to move freely across borders, which can lead to reduced competition, higher prices, and reduced access to markets.
There are different types of barriers to the free movement of goods and services. Some of the barriers are described below:
Tariffs: Tariffs are taxes charged on imports and exports, which act as a barrier to trade by increasing the cost of goods and services. Tariffs can be set at different rates for different countries, making it difficult for some countries to compete with others. Tariffs are often imposed for political reasons or to protect domestic industries.
Quotas: A quota is a limit on the amount of a good or service that can be imported or exported. Quotas can be used to restrict the flow of goods and services across borders, making it difficult for countries to access markets or compete with domestic producers.
Sanitary and Phytosanitary Standards (SPS): Sanitary and phytosanitary standards are regulations that are designed to protect human, animal, and plant health. These regulations can be used as a barrier to trade if they are overly restrictive or are used as a pretext to protect domestic industries.
Technical Barriers to Trade (TBT): Technical barriers to trade are regulations that are designed to protect consumers and the environment. These regulations can be used as a barrier to trade if they are overly restrictive or are used as a pretext to protect domestic industries.
Subsidies: Subsidies are payments or other forms of financial assistance that are provided to domestic producers. Subsidies can be used to reduce the cost of production, making it difficult for foreign producers to compete. Subsidies can be particularly damaging to developing countries, which may not have the resources to match the subsidies provided by developed countries.
Overall, these barriers make it more difficult for goods and services to move freely across borders, which can lead to reduced competition, higher prices, and reduced access to markets.
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Which conclusion does this graph most support?
Product A
100
75
Demand
Product B
50
25
0
$10
$20
$25
$15
Price
O A. Demand for product A is more inelastic than demand for product
B.
B. The price for product A is closer to its equilibrium price.
C. Demand for product A is more elastic than demand for product B.
D. The price for product B is closer to its equilibrium price.
Answers
Demand for product A is more elastic than demand for product B is the conclusion does this graph most support. Hence, option A is correct.
What is elasticity of demand?A demand that is elastic experiences a significant shift in quantity demanded as a result of a price adjustment. When the amount sought changes little as a result of a price adjustment, the demand is said to be inelastic.
Example if the price of the tea change, the consumption of the tea remains the same or little less.
Thus, option A is correct.
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dazzle fashion is a clothing retailer. during august, the company completed a series of transactions. for each of the following items, give an example of a transaction that has the described effect on dazzle's accounting equation.
Answers
During August, Dazzle Fashion completed a series of transactions. Here is an example of a transaction for each item that has the described effect on Dazzle's accounting equation:
1. Purchase of Inventory: Dazzle Fashion purchased $10,000 worth of inventory on credit from a supplier. This transaction increases the assets (inventory) and liabilities (accounts payable) on the accounting equation.
2. Cash Sale: Dazzle Fashion made a cash sale of $5,000 to a customer. This transaction increases the assets (cash) and equity (retained earnings or revenue) on the accounting equation.
3. Borrowing from Bank: Dazzle Fashion borrowed $20,000 from a bank. This transaction increases the assets (cash) and liabilities (bank loan) on the accounting equation.
4. Payment of Expenses: Dazzle Fashion paid $2,000 for rent and utilities. This transaction decreases the assets (cash) and equity (retained earnings or expenses) on the accounting equation.
5. Equity Investment: The owner of Dazzle Fashion invested $15,000 of their personal funds into the business. This transaction increases the assets (cash) and equity (owner's capital) on the accounting equation.
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Which of the following is not an example of professional behavior
?
Answers
Question 14 (1 point)
Why are the layers of cells thicker in the esophagus that in areas further down the GI
tract?
to protect inner layers
to reduce friction
to retain more mucous
to provide more flexibility
Answers
Answer:
Answer: To protect inner layers
Explanation:
Just took the test and it told me the correct answer
The layers of cells are thicker in the esophagus than in areas further down the GI tract to protect the inner layers. Hence, option A is appropriate.
What is the meaning of Cells?A cell is the smallest unit in biology that can sustain life on its own, makes up all living things, and makes up the body's tissues.
The fundamental units of all life forms are cells. There are many billions of cells in the human body. They give the body structure, absorb nutrients from meals, turn those nutrients into energy, and perform certain tasks. The structural and operational heart of a living thing is its cell. In other words, (just for better comprehension), cells are the fundamental components of a living thing.
Cell biology is the study that includes cell functions, and it is based on the idea that a cell is the basic building block of all life. By concentrating on the cell, one can gain a thorough understanding of the organisms and tissue that cells make up.
Hence, option A is correct.
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A goal of management is to increase a company's ______, while a goal of labor unions is to provide a fair share of profits to their ______. Multiple choice question.
Answers
A goal of management is to increase a company's profit, while a goal of labor unions is to provide a fair share of profits to their members.
What is the goal of management?Management teams can be described as the team that do helkp to seek for the balance between maximizing profits and promoting a beneficial workplace for employees.
It should be noted that they help in the process of maximizing profits as well a working with various departments like the accountants, supervisors departmebnts as well as the executives so as to be able determine areas that require improvements and changes.
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a surfboard manufacturer orders 100 units of fiberglass material and promises to pay the supplier at a later date. the surfboard manufacturer will record the amount to be paid as
Answers
The manufacturer will record the amount to be paid as accounts payable.
Accounts payable are amounts that a company owes to its creditors for goods or services that it has received but has not yet paid for. These amounts are typically recorded on the balance sheet as a liability and are paid off over time, either through the issuance of additional debt or the use of cash on hand.
In general, accounts payable represent short-term obligations that a company expects to pay off within a year or operating cycle. In the given case the manufacturer has already ordered 100 units made of fibreglass material. He has promised to pay the amount at a later date, thus for the manufacturer, the amount will be recorded as an account payable as it is yet to be paid.
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A _____ consists of assessing an employee's performance and providing him or her with appropriate feedback.
Answers
performance appraisal consists of assessing an employee's performance and providing him or her with appropriate feedback.
What is performance appraisal?Performance appraisal is done to check the performance of a particular employee.
It is done from time to time through the review of workdone and contribution of such individual to the organizations.
Therefore, performance appraisal is consists of assessing an employee's performance and providing him or her with appropriate feedback.
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Performance appraisal is assessing employee's performance and giving them feedback.
What is Performance appraisal?Performance appraisal refer to regular or constant review carried out by employers in an organization to access an employee's job performance and contribution to a company. Companies use performance appraisals to identify and know which employees have contributed the most to the company's growth, review progress, and then they reward the best performance.
Therefore, Performance appraisal is assessing employee's performance and giving them feedback.
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A person has $50,000 in taxable income for a year and pays a 10 percent income tax rate, equal to $5,000. Which action would reduce the amount the person paid in taxes to $1,000?
A.
Receiving a $4,000 tax deduction
B.
Receiving a $4,000 tax credit
C.
Receiving a $49,000 tax deduction
D.
Receiving a $49,000 tax credit
Answers
Taxable income is the term used to describe the basis of an income tax system and the correct option in the given situation is (B) receiving a $4,000 tax credit.
What is taxable income?The base of an income tax system is referred to as taxable income.
In other words, the amount of revenue that was subject to taxation.
In general, it comprises all or a portion of the items of income and is lessened by costs and other deductions.
Depending on the nation or system, different amounts are included as income, costs, and other deductions.
Many systems stipulate that some expenses cannot be deducted when calculating taxable income and that certain types of income are not taxable (often referred to as non-assessable income).
So, in the given situation where:
$50,000 is the taxable income
10% is the income tax rate which is $5000.
The amount paid in taxes would be $1000.
Then, the action required would be: Receiving a $4,000 tax credit
Therefore, taxable income is the term used to describe the basis of an income tax system and the correct option in the given situation is (B) receiving a $4,000 tax credit.
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what are some economic concerns that may need to be addressed in the future?
Answers
When the stock market as a whole is rising in value then it is referred to as a bear market. True or false?
Answers
Answer: False
Explanation: A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.
In terms of SUPPLY, what factors have contributed to the fall in oil prices?
Answers
What can accountants do for businesses or individuals?
Answers
My mom actually has her accountant degree but she quit after a few years and got a different degree. any ways here you go!
An accountant can advise on business structure.
An accountant can issue invoices.
An accountant can record sales.
An accountant can manage and pay invoices from suppliers.
An accountant can manage payroll.
An accountant can keep you up to date with tax laws and changes.
Which statement(s) reflect(s) a normative analysis?
I. The United States should increase spending on education to 15% of gross domestic product.
II. There is a federal minimum wage in the United States.
III. The minimum wage in Washington state is $12 per hour.
Group of answer choicesI
I, II, and III
None is normative.
I and II
Answers
Normative analysis is a study of what ought to be, and not what currently is, what was, or what will be. It makes judgments based on values and preferences that are subjective.
The following statement(s) reflect(s) a normative analysis: I. The United States should increase spending on education to 15% of gross domestic product. Therefore, the answer is option I.
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Normative analysis is a study of what ought to be, and not what currently is, what was, or what will be. It makes judgments based on values and preferences that are subjective.
The following statement(s) reflect(s) a normative analysis: I. The United States should increase spending on education to 15% of gross domestic product. Therefore, the answer is option I.
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Select the correct answer.
Which statement describes an advantage or benefit of market research?
A.
It guarantees a business’s success and profits.
B.
All its methods are inexpensive and easy to apply.
C.
It helps a business explore new opportunities in the market.
D.
It is necessary only in a business’s initial stages.
Answers
Answer:
c
Explanation: just did the test
Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Answers
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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Katelyn and Brittanie are sisters who own shares jointly in partnership. They purchased the shares in 2010 and are hoking the shares to any bum.
capital growth. During the year ended 30 June 2022 their partnership received a fully franked dividend of $70.000. The ranking credt atasing is te
dividend was $30,000. The only expense incurred by the partnership was a $300 tax agent fee for the preparation of the partnership income lax whum
For the 2022 financial year Brittaine was at home caring for her new baby Olivia and did not eam any additional income. Kalehn worked la one ol
local primary school earning a gross salary of $60,000. Katelyn's employer paid $15,000 PAYG tax on her behalt.
Due to their circumstances the partners agreed to split the income of the partnership 75% to Brittaine and 25% o Katehn.
a. Calculate Katelyn's tax payable for the year ended 30 June 2022 excluding Medicare levy. (15 marks)
b. Katelyn wishes to challenge a decision by the Commissioner to not allow a deduction for self education expenses that she dained
in the 2019/20 tax year. The Notice of Assessment (which did not include the self education deduction) was issued on 30 August
2020. Advise Katelyn whether and how she may challenge the Commissioner's decision. (5 marks).
Answers
Katelyn's tax payable for the year ended 30 June 2022, excluding Medicare levy, can be calculated by determining her taxable income from her gross salary and her share of the partnership income.
a. Katelyn's tax payable for the year ended 30 June 2022, excluding Medicare levy, can be calculated as follows:
Katelyn's gross salary: $60,000
Less: PAYG tax paid by her employer: $15,000
Taxable income: $60,000 - $15,000 = $45,000
Since Katelyn's share of the partnership income is 25%, her share of the fully franked dividend is:
$70,000 * 25% = $17,500
The dividend imputation credit attached to the dividend is $30,000.
Katelyn's assessable income:
Gross salary: $45,000
Share of dividend: $17,500
Imputation credit: $30,000
Total assessable income: $45,000 + $17,500 + $30,000 = $92,500
The tax payable can be calculated using the individual income tax rates for the 2022 financial year. However, since the tax rates may vary depending on the jurisdiction, it's important to refer to the applicable tax rates and thresholds specific to the relevant tax authority.
b. Katelyn can challenge the Commissioner's decision by lodging an objection within the specified time frame. The Notice of Assessment was issued on 30 August 2020, so Katelyn should review the tax legislation and guidelines to determine the deadline for lodging an objection.
To challenge the decision, Katelyn needs to gather all relevant documentation and evidence supporting her claim for the self-education expenses deduction in the 2019/20 tax year. This may include receipts, invoices, and any supporting documents that demonstrate the expenses were incurred for self-education purposes.
Katelyn should then prepare a formal objection letter addressing the Commissioner's decision and providing the necessary details, supporting evidence, and arguments to support her claim. The objection should be lodged with the appropriate tax authority, following their guidelines and procedures.
Katelyn's tax payable for the year ended 30 June 2022, excluding Medicare levy, can be calculated by determining her taxable income from her gross salary and her share of the partnership income. To challenge the Commissioner's decision regarding the deduction for self-education expenses, Katelyn should lodge an objection with the relevant tax authority, providing supporting documentation and arguments to support her claim.
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Better Fitness, Inc. (BFI), manufactures exercise equipment at its plant in Freeport, Long Island. It recently designed two universal weight machines for the home exercise market. Both machines use BFI-patented technology that provides the user with an extremely wide range of motion capability for each type of exercise performed. Until now, such capabilities have been available only on expensive weight machines used primarily by physical therapists. At a recent trade show, demonstrations of the machines resulted in significant dealer interest. In fact, the number of orders that BFI received at the trade show far exceeded its manufacturing capabilities for the current production period. As a result, management decided to begin production of the two machines. The two machines, which BFI named the BodyPlus 100 and the BodyPlus 200, require different amounts of resources to produce. The BodyPlus 100 consists of a frame unit, a press station, and a pec-dec station. Each frame produced uses 4 hours of machining and welding time and 2 hours of painting and finishing time. Each press station requires 2 hours of machining and welding time and 1 hour of painting and finishing time, and each pec-dec station uses 2 hours of machining and welding time and 2 hours of painting and finishing time. In addition, 2 hours are spent assembling, testing, and packaging each BodyPlus 100. The raw material costs are $450 for each frame, $300 for each press station, and $250 for each pec-dec station; packaging costs are estimated to be $50 per unit. The BodyPlus 200 consists of a frame unit, a press station, a pec-dec station, and a legpress station. Each frame produced uses 5 hours of machining and welding time and 4 hours of painting and finishing time. Each press station requires 3 hours machining and welding time and 2 hours of painting and finishing time, each pec-dec station uses 2 hours of machining and welding time and 2 hours of painting and finishing time, and each legpress station requires 2 hours of machining and welding time and 2 hours of painting and finishing time. In addition, 2 hours are spent assembling, testing, and packaging each Body-Plus 200. The raw material costs are $650 for each frame, $400 for each press station, $250 for each pec-dec station, and $200 for each leg-press station; packaging costs are estimated to be $75 per unit. For the next production period, management estimates that 600 hours of machining and welding time, 450 hours of painting and finishing time, and 140 hours of assembly, testing, Case Problem 2 Production Strategy 83 and packaging time will be available. Current labor costs are $20 per hour for machining and welding time, $15 per hour for painting and finishing time, and $12 per hour for assembly, testing, and packaging time. The market in which the two machines must compete suggests a retail price of $2400 for the BodyPlus 100 and $3500 for the BodyPlus 200, although some flexibility may be available to BFI because of the unique capabilities of the new machines. Authorized BFI dealers can purchase machines for 70% of the suggested retail price. BFI’s president believes that the unique capabilities of the BodyPlus 200 can help position BFI as one of the leaders in high-end exercise equipment. Consequently, he has stated that the number of units of the BodyPlus 200 produced must be at least 25% of the total production. Managerial Report Analyze the production problem at Better Fitness, Inc., and prepare a report for BFI’s president presenting your findings and recommendations. Include (but do not limit your discussion to) a consideration of the following items:
1.What is the recommended number of BodyPlus 100 and BodyPlus 200 machines to produce?
2. How does the requirement that the number of units of the BodyPlus 200 produced be at least 25% of the total production affect profits?
3. Where should efforts be expended in order to increase profits?
Include a copy of your linear programming model and graphical solution in an appendix to your report
Answers
1. The recommended number of BodyPlus 100 and BodyPlus 200 machines should be determined using a linear programming model, optimizing the objective of maximizing profit.
2. The requirement of producing at least 25% of the total production as BodyPlus 200 machines can impact profits based on market demand and pricing considerations.
3. Efforts should be focused on optimizing resource allocation, identifying and improving production bottlenecks, and considering market strategies to increase profitability.
1. To determine the recommended number of BodyPlus 100 and BodyPlus 200 machines to produce, we can formulate a linear programming model. Let x be the number of BodyPlus 100 machines and y be the number of BodyPlus 200 machines to produce. The objective is to maximize profit.
Objective function: Maximize Profit
Profit = (0.7 * 2400 * x) + (0.7 * 3500 * y)
Subject to the following constraints:
4x + 5y ≤ 600 (machining and welding time constraint)
2x + 3y ≤ 450 (painting and finishing time constraint)
2x + 2y ≤ 140 (assembly, testing, and packaging time constraint)
x + y ≥ 0.25(x + y) (BodyPlus 200 production constraint)
x, y ≥ 0 (non-negativity constraints)
By solving this linear programming model, we can determine the optimal values of x and y, representing the recommended number of BodyPlus 100 and BodyPlus 200 machines to produce.
2. The requirement that the number of units of the BodyPlus 200 produced be at least 25% of the total production affects profits by influencing the product mix. If the demand for BodyPlus 200 machines is high, producing more of them to meet the 25% requirement can result in higher profits.
However, if the demand for BodyPlus 100 machines is stronger, the constraint may limit the potential profits that could be obtained from focusing on the more profitable BodyPlus 100. It's important to analyze market demand and pricing considerations to assess the impact of this requirement on overall profitability.
3. Efforts should be expended in areas that contribute to increased profits. This includes evaluating and optimizing the allocation of resources such as machining and welding time, painting and finishing time, and assembly, testing, and packaging time.
By analyzing the constraints and objective function of the linear programming model, potential areas for improvement can be identified. For instance, identifying bottlenecks in the production process and finding ways to increase efficiency in those areas can help increase profits.
Additionally, market research and analysis can help identify pricing strategies and potential product differentiators that can enhance profitability.
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Problem Solving Activity•A bank has a $1 million position in a five year, zero coupon bond. The bond is trading at a yield to maturity of 7%. The historical mean change in daily yields is 0%, and the standard deviation is 12 bp
Answers
Answer:
The complete question is: "A Bank has a S1 million position in a five-year, zero-coupon bond with a face value of $1,402,552. The bond is trading at a yield to maturity of 7.00 percent. The historical mean change in daily yields is 0.0 percent and the standard deviation is 12 basis points
a. What is the modified duration of the bond?
b. What is the maximum adverse daily yield move given that we desire no more than a 5 percent chance that yield changes will be greater than this maximum?
c. What is the daily earnings at risk for this bond? "
a. Modified duration = D/(1+r)
Modified duration = 5 / (1+7%)
Modified duration = 5/1.07
Modified duration = 4.6729 years
b. Maximum adverse daily yield = 1.65\б = 1.65 * Standard deviation = 1.65 * 0.0012 = 0.00198
d. Price volatility = Modified duration * Potential adverse move in yield = 4.6729 * 0.00198 = 0.009252 = 0.9252%
Daily earnings at the risk of this bond = Value of position * Price volatility) = $1,000,000*0.009252 = $9,252
why is 10 cents earned far more valuable than a dollar found. Critical thinking.
Answers
Determining the payment options to be offered to a business's customers is which function?
Answers
Answer:
Pricing
Explanation:
Teller's checks and personal checks are classified as
O A. drafts
O B. obligors
C. notes
D. certificates
Answers
Answer: they are classified as D) certificates
Explanation:
a good entrepreneur needs to possess animal instincts. do you agree with this statement? yes or no
Answers
Answer:
no . I don't agree a good entrepreneur need to posses a animal because every bussiness isn't pet bussiness
yes, a good entrepreneur needs to possess animal instincts.
Who is entrepreneur?An entrepreneur is a person who starts business and is willing to bear all risk involved in business to gain profit. an entrepreneur runs business of its own and is considered as owner and employee both.
An entrepreneur bears all financial and other risks in order increase profit and grow its business. an entrepreneur is an individual who possess an unique idea and convert the same idea into business.
What is animal instincts?An animal's capacity to carry out an action the first time it is exposed to the particular environment is known as an instinct. various animals are said to possess survival instinct, migratory instinct, herding instinct etc. animal instincts are behaviors that are present in them from birth.
Animal instincts that a entrepreneur needs to possess to be successful in long term are :
While chasing the assignment, charge like a lion and give it your all. Half a job is not half a job, and neither is half a kill.Be brave : Be cautious but unafraid. Despite the fact that danger exists, choosing to be afraid is a choice Because fear weakens you, attackers can detect it.Bear strategy : understanding how you can accumulate your resources, and slow energy usage before getting hit by crisis, is crucial to surviving.seagull strategy: moving away from hostile environment to avoid threat to survive.shark strategy: continuously looking for an opportunities and threats at same time developing stamina to fight back competitors.Hence, an entrepreneur should have animal instincts to survive, grow and to manage different phases of business.
Supportive answer
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Random variations represent either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes and income shifts.
Answers
Answer:
FALSE
Explanation:
THIS IS THE COMPLETE QUESTION
Trends representing either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes, and income shifts are a component of a time series called "Random Variations"
Random Variation can be regarded as
tendency of an estimated size/ value of a parameter to undergo deviation randomly away from the real/ true magnitude/ value of the parameter.
why planning is important before starting a business?
Answers
Answer:
So you can get ready to know 'how to make your business good'
If you don't plan, then you'll forget to setup something is may be important
Explanation:
Hope this helps :)
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.