What is possibly the biggest reward of becoming an entrepreneur? *
a. empowerment
b. fame
c. money
d. none of the above
Answers
Answer:
c.
Explanation:
because it is busineas
Related Questions
If there is a conflict between a person’s verbal communication and non-verbal communication, people are more likely to believe their non-verbal communication. please select the best answer from the choices provided t f
Answers
If there is a conflict between a person's verbal and non-verbal communication, people are more likely to believe their non-verbal communication - TRUE
While verbal communication is essential to achieving success in both interpersonal and professional relationships, non-verbal communication – also known as body language – always speaks louder than words. Often performed automatically rather than intentionally, body language is the use of observable behaviors, attitudes, and habits for nonverbal communication.
When you communicate with other people, you are constantly sending and receiving non-verbal signals, whether you realize it or not. Your posture, tone of voice, amount of eye contact, gestures, and other nonverbal behaviors all convey important messages. They can put people at ease, inspire confidence and draw people to you, or they can irritate and confuse.
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The overall objective of the purchasing phase in the expenditure cycle is to:
Select one:
procure the right goods at the right amount and with the right price.
procure the right goods at the right amount and with the right supplier.
procure the right goods at the right amount, and to receive those goods at the right time
procure the right goods at the right amount, and to update the accounts payable record.
Answers
The overall objective of the purchasing phase in the expenditure cycle is to procure the right goods at the right amount and with the right supplier, indicating option (b) as the correct answer.
The purchasing phase in the expenditure cycle involves the process of acquiring goods or services needed by an organization. The primary objective of this phase is to ensure that the organization obtains the right goods, in the right quantity, and from the right supplier.
Procuring goods at the right amount and with the right price is an important consideration, but it is not the sole focus of the purchasing phase. The emphasis is also on obtaining goods from the appropriate supplier.
Receiving goods at the right time is a part of the procurement process but not the specific objective of the purchasing phase.
Updating accounts payable records is a subsequent step in the expenditure cycle but not the primary objective of the purchasing phase.
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Lewis paid this year a $2,940 for an annual property tax. If the mill rate is 28 and 60% of the market value is the assessed ratio, what market value did the assesor assign to the lewis property?
Answers
$175,000 is the market value the assessor assigned to the lewis property.
175,000 x .6 = 105,000
105,000 x .028 =2940
Market value or OMV (Open marketplace Valuation) is the charge at which an asset would exchange in an aggressive public sale putting. marketplace fee is regularly used interchangeably with the open market fee, honest value, or honest marketplace price, even though these terms have wonderful definitions in different standards, and fluctuate in some situations.
Market value is an idea awesome from marketplace charge, that's "the price at which you can transact", whilst marketplace value is "the authentic underlying cost" in line with theoretical standards. The concept is most commonly invoked in inefficient markets or disequilibrium conditions where triumphing market fees aren't reflective of proper underlying market value. For marketplace fees to identical marketplace prices, the marketplace has to be informationally green, and rational expectations have to be successful.
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3. Which is the correct order for making financial decisions? A) put goals in writing, rethink goals if necessary, have a plan of action, set specific goals. B) Be realistic about goals, put goals in writing, implement goals, have specific goals. C) Set up specific goals, put goals in writing , have a plan of action, rethink goals if necessary. D) have a plan of action, set specific goals if necessary
Answers
Answer:
B
Explanation:
Setting up realistic goals is key to saving money. Why would you want to save for a car when you are 12? You would rather save to get a new tablet or toy.
Realistic could also mean achievable why would you set a goal that has a low chance of you reaching such as becoming a millionaire and so on.
Below is the income tax system for the country of Genovia.
For income from $0 to $100, no income tax.
For all income above $100 but less than $400, the tax rate is 20%.
For all income above $400, the tax rate is 40%.
Jane Doe’s income is $500. What is her AVERAGE tax rate?
Group of answer choices
40%
33%
50%
20%
25%
Answers
Answer:
24%
Explanation:
The computation of the average tax rate is shown below:
Given that
From income $0 to $100, no income tax is applicable
From income above $100 upto $400, the tax rate is 20%
The income above $400, the tax rate is 40%
So based on the above information
Since the Jane doe income is $500
So here the average tax rate is
= (400 × 0.20) + (100 × 0.40) ÷ $500
= ($80 + $40) ÷ ($500)
= ($120) ÷ ($500)
= 24%
This is the answer but the same is not provided in the given options
Question 6 of 10
What is division of labor?
OA. This is when an individual focuses on many different skills and
aspects of a business.
OB. This is when an organization can produce goods more cost
effectively when it produces higher volumes of that good.
OC. This is when an organization is able to produce goods at a lower
cost and sell for a lower cost to make a profit.
OD. Another name for specialization, this is when an individual focuses
on one specific skill in the field.
SUBMIT
Answers
Division of labor is a key concept in business and economics, allowing organizations to produce goods and services more efficiently and effectively, and contributing to economic growth and development. Option B
Division of labor is a concept that refers to the process of breaking down a larger task or project into smaller, more manageable tasks that can be completed by different individuals or groups. This allows each individual or group to focus on a specific task or set of tasks, increasing efficiency and productivity in the workplace.
The benefits of division of labor include increased specialization, which allows individuals to become more skilled and efficient in their specific area of expertise.
This can result in higher quality products or services, as well as cost savings through increased efficiency and reduced waste. Additionally, division of labor can lead to increased job satisfaction, as individuals are able to focus on tasks they are skilled at and enjoy.
There are different types of division of labor, including horizontal and vertical division of labor. Horizontal division of labor refers to the process of dividing tasks among workers at the same level of hierarchy, while vertical division of labor refers to the process of dividing tasks among workers at different levels of hierarchy. Option B
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If business planning predicts that your gross margins will be small, you would be best advised to:______
Answers
If a business predicts that its gross margins are going to be low they can try to increase sales and alternatively they can cut the other costs to have a positive net profit margin.
What is Gross Profit Margin?Gross Profit Margin is the percentage of the Gross Profit as compared to Revenue, Gross profit is calculated as the revenue deduct cost of goods sold.
The sales can be increased by excessive marketing of the product and the cost of admin, finance cost and other irrelevant costs can be cut down to have a positive net profit margin.
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Examine the company’s internal competitiveness, by preparing a SWOT analysis for Emirates (4 strengths, 4 weaknesses, 4 opportunities & 4 threats). Use evidence from the case.
Evaluate the company’s external environment (Dubai) by preparing a detailed PESTEL analysis (3 points for each).
Analyze the company’s business strategy (Hint: remember there are 5). Choose only one and support your answer with evidence from the case.
Investigate the ‘Emirates’ resources (6), capabilities (4), and core competencies (2) by preparing a table including all three (Hint: don’t forget to use the equation method to determine the company’s capabilities)
Justify ‘Emirates’ place in the product / company life cycle graph. Explain your answer in detail by providing evidence from the case.
Analyze ‘Emirates’ value chain by identifying the main activities the company is involved in. Which activity do you think is the most important to the company’s success?
Answers
Emirates is a UAE-based airline that has been successful due to its ability to innovate and provide outstanding services to its customers.
In order to examine the company's competitiveness, a SWOT analysis can be performed, as follows:Strengths:Emirates is well-known for its excellent customer service, which includes services such as chauffeur-driven cars, lounge access, and onboard showers. The airline is known for its ability to expand quickly and efficiently, allowing it to enter new markets and increase its reach. Emirates has an extensive route network, with over 150 destinations in over 80 countries. Emirates is known for its innovative approach to aircraft design, which includes onboard bars, showers, and private suites.
Weaknesses: Emirates' focus on providing premium services and luxury means that it may be less competitive in the budget airline sector. Emirates has struggled with high fuel prices in the past, which has led to a decrease in profitability. The airline is heavily reliant on the Middle East and Asia-Pacific markets, which could be problematic if economic conditions in these regions change. Emirates has faced criticism for its labor practices, particularly with regard to its treatment of its female employees. Opportunities: Emirates has an opportunity to expand into new markets, particularly in Europe and North America. Emirates could capitalize on the growth in the global aviation market, which is expected to increase by around 5% per year.
Emirates could develop new products and services to differentiate itself from its competitors, such as offering more eco-friendly options. Emirates could leverage its brand recognition to expand into other areas, such as luxury hotels. Threats: Emirates faces intense competition from other airlines, particularly from Gulf carriers such as Etihad and Qatar Airways. The global economic climate is uncertain, which could lead to a decrease in demand for air travel. Emirates could face regulatory challenges, particularly with regard to its labor practices. Emirates could face challenges due to geopolitical tensions, particularly in the Middle East.
Dubai, the external environment for Emirates, can be analyzed using a PESTEL analysis, as follows: Political: The UAE's political stability and pro-business policies have been key drivers of Dubai's growth in recent years. Economic: Dubai has a diverse economy, with a strong focus on tourism and trade. However, the global economic climate could have an impact on the city's growth. Sociocultural: Dubai is a multicultural city with a high standard of living, which has made it an attractive destination for both tourists and expats.
Technological: Dubai has invested heavily in technology, particularly in areas such as smart cities and renewable energy. Environmental: Dubai faces a number of environmental challenges, particularly with regard to water scarcity. Legal: Dubai has a well-established legal system that is based on English common law. The company's business strategy can be analyzed using Porter's Five Forces framework. One strategy that Emirates has employed is differentiation. Emirates has differentiated itself from its competitors by providing luxury services and innovative products, such as onboard bars and private suites.
This strategy has been successful, as Emirates is known for providing a premium travel experience. For example, in 2018 Emirates was awarded the World's Best Inflight Entertainment award by Sky trax for the 14th year running. This demonstrates the success of Emirates' differentiation strategy. Emirates' resources, capabilities, and core competencies can be analyzed using a table, as follows: Resources Capabilities Core Competencies Fleet of over 250 aircraft Ability to expand quickly and efficiently. Excellent customer service. Extensive route network. Luxury services such as onboard showers and private suites Innovative aircraft design. Ability to differentiate itself from competitors Strong brand recognition.
One activity that is particularly important to the company's success is marketing and branding. Emirates has developed a strong brand image through its marketing campaigns, sponsorships, and partnerships. This has helped it to differentiate itself from its competitors and to build a loyal customer base. Emirates has also invested heavily in technology, which has enabled it to provide innovative products and services, such as onboard bars and private suites. However, marketing and branding is the most important activity for Emirates, as it has helped the company to build a strong brand image and to differentiate itself from its competitors.
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As you rule, you should not spend more than______of your pre-tax dollars on housing?
Answers
Answer:
36%
Explanation:
According to this rule, a household should spend a maximum of 28% of its gross monthly income on total housing expenses and no more than 36% on total debt service, including housing and other debt such as car loans and credit cards. Lenders often use this rule to assess whether to extend credit to borrowers.
Annoying isn't it. When people purposely answer your question when they know it's completely useless. Kinda like how I specifically told people NOT to answer the questions I asked because I was doing an experiment, and every time I did that, two people purposely answered my question when they were told not to.
People are d. i. c. k. s.
Answers
Answer:
wow
Explanation:
I'm gonna type a random answer
In most job interviews, conservative business _________ attire is a safe choice.
Answers
Answer:
formal
Explanation:
Attire is one of the important aspect that reflects on the personalities of the interviewee. The attire that a person should opt for during an interview is formal and well fitting clothes. Clean and fit clothes helps in adding confidence and makes the personal appear professional before the interviewer. Clothes are to be choose according to the industry or profession applied by the interviewee.
Can someone please help me with this!!!!
Answers
Answer:
Eh easy aall you have to do is pay 4,305 dolllars
Explanation:
Which of the following statements is true of nonprofit organizations?
a. They are firms that do not provide goods or services.
b. They are startup companies that have not yet generated any profits.
c. They engage in management activities to help reach their goals.
d. They do not engage in fundraising as their aim is not to generate profits.
e. They do not have a management structure like that of for-profit organization
Answers
Nonprofits do participate on management activities to assist in achieving their objectives.
Management activities: what are they?Planning, organizing, staffing, leading, and managing are the five general responsibilities that make up management at its most basic level. These five responsibilities are a part of a corpus of guidelines and management-related beliefs.
What are the seven fundamental objectives of management?Each of these tasks is essential to helping firms operate effectively and efficiently. Planning, organization, staffing, directing, coordinating, reporting, and budgeting are the seven functions of management, or POSDCORB, that Luther Gulick, Fayol's predecessor, further defined. The formal definition of management principles is the planning, organizing, and control of basic element operations.
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Which of the following is an example of nonverbal communication?
shaking hands to greet a supervisor
writing an email to a coworker
talking on the telephone to a customer
listening to a presentation at a meeting
ILL GIVE BRAINLEST IF UR ANWSER IT RIGHT .....
Answers
Answer:
Option: writing an email to a coworker
Explanation:
Writing an email to a coworker is an example of nonverbal communication because there is no communication between people by speaking or listening. Writing an email to a coworker is a way of communicating with a person without listening to others converse or engage in one to one talk in person.
Answer:
B
Explanation:
the best reason to record income at the top of a budget is
Answers
Answer:
the correct answer is to know how much money is available
Explanation:
have a nice day and can you mark me a Brainliest
explain how the philosophy of milton friedman might have played a role in bp management's decisions leading up to the disaster.
Answers
Milton Friedman's philosophy might have played a role in BP management's decisions leading up to the disaster in the following ways BP's prioritization of profit maximization over social responsibility, safety, and risk management could be linked to Milton Friedman's ideas.
The company may have been swayed by the idea that its only obligation was to its shareholders and that its primary duty was to generate profit. Friedman's idea of corporate social responsibility, which states that a corporation's only social obligation is to increase profits while adhering to the law, may have encouraged BP's management to prioritize profit over safety. This may have led to a lack of investment in safety measures, such as the regular inspection of equipment and maintenance of pipelines.
This approach, which prioritized short-term gains over long-term investment in safety and infrastructure, may have contributed to the explosion on the Deepwater Horizon rig and the subsequent oil spill in the Gulf of Mexico. BP's lack of risk management and emergency procedures may have also contributed to the disaster. In the end, this approach caused more harm than good to both society and the company's reputation.
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Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.
Answers
Explanation:
the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.
b brothers, Steven and Walter, each inherit $40000. Steven invests his inheritance in a savings account with an annual return of 2.8%, while Walter invests his heritance in a CD paying 5.9% annually. How much more money than Steven does Walter have after 1 year?
Answers
After 1 year, Walter will have more money than Steven. Assuming no additional contributions or withdrawals, with a 2.8% annual return, Steven's inheritance will grow to $41,120, while Walter's inheritance will grow to $42,360 with a 5.9% annual return.
Steven's inheritance, invested in a savings account with a 2.8% annual return, will grow over the course of 1 year. To calculate the final amount, we multiply the initial amount by 1 plus the interest rate:
Steven's Final Amount = $40,000 * (1 + 0.028)
Steven's Final Amount = $40,000 * 1.028
Steven's Final Amount = $41,120
Walter's inheritance, on the other hand, is invested in a CD with a 5.9% annual return. Similarly, we can calculate the final amount:
Walter's Final Amount = $40,000 * (1 + 0.059)
Walter's Final Amount = $40,000 * 1.059
Walter's Final Amount = $42,360
After 1 year, Walter will have $42,360, while Steven will have $41,120. Therefore, Walter will have $1,240 more than Steven.
It's important to note that this calculation assumes no additional contributions or withdrawals during the year and that the interest rates remain constant. Additionally, the actual returns may be subject to taxes or fees depending on the specific investment
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Based on the information in the article, which title would be most appropriate?
Answers
Answer:
Common evaluation criteria include: purpose and intended audience, authority and credibility, accuracy and reliability, currency and timeliness, and objectivity or bias.
Explanation:
Answer: second one
Explanation: your welcome
Which combination of shifts of aggregate demand and supply would definitely cause an increase in real gdp?
Answers
The demand shifts to right and supply shifts to the right.As a result, aggregate demand and GDP increase or decrease together.
Productivity increase is ultimately the most significant factor affecting the Supply curve. How much production can be produced with a given amount of work is known as productivity in the economics world. GDP per capita, which is one metric for this, is production per worker. Productivity increases throughout time, allowing the same amount of work to create more output.
Because businesses may produce more output at all price levels with increased productivity, the Supply curve moves to the right as productivity rises.
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________ is a set of interdependent organizations that help make a product or service of a company available for use by consumers or business users.
Answers
The sales of AMI Limited for 2022 were forecast at R1 800000 , of which 60% is expected to be on credit. The debtors collection period is expected to be 36.5 days and the creditors payment period is estimated to be 73 days. How much is the expected accounts receivable on 31 December 2022 ? A. R1 080000 B. R216 000 C. R180000 D. R108 000
Answers
The correct answer is option A: R1 080 000. Given data, Total sales of AMI Limited for 2022 is R1 800 00060% of the sales will be made on credit.
Debtors collection period is 36.5 days, Creditors payment period is 73 days. Formula used, Accounts receivable = Credit sales x Debtors collection period / 365Solution.
Total credit sales of AMI Limited for 2022
= 60% of R1 800 000
= (60 / 100) x R1 800 000
= R1 080 000Accounts receivable
= Credit sales x Debtors collection period / 365
= (R1 080 000 x 36.5) / 365
= R1 08 000Hence, the expected accounts receivable on 31 December 2022 is R1 080 000.
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Many politicians have degrees in business or law.
True
False
Answers
Upload your completed Lifestyle Budget Project worksheet.
Answers
Answer:Budget is a financial statements indicating estimated and sizes of anticipated revenue and proposed expenditure for a period of time.
The personal budget of an individual could be a surplus budget or deficit budget, or balance budget. It is surplus when income is greater than expenditure. It is deficit when expenditure is greater than revenue, it is balance when income is equal to the expenditure.
In a situation where the income is not enough to cover the expenditure the person can cut down most of the expenses to a manageable size, so as to ensure that there is more money to meet the most pressing need at the point in time.
Explanation:
the monetary theory suggesting how the fed can affect the interaction between the demand for money and the supply of money to influence interest rates is the
Answers
The monetary theory suggesting how the Fed can affect the interaction between the demand for money and the supply of money to influence interest rates is the Quantity Theory of Money.
The Quantity Theory of Money states that the money supply directly affects the price level in the economy, and that changes in the money supply result in proportional changes in the price level. Therefore, the Fed can influence interest rates by adjusting the money supply through open market operations, reserve requirements, and discount rates.
If the Fed wants to decrease interest rates, it can increase the money supply by buying government securities on the open market, lowering reserve requirements for banks, or lowering the discount rate.
This will lead to an increase in the supply of money, which will lower interest rates due to the increased competition among banks for borrowers. Conversely, if the Fed wants to increase interest rates, it can decrease the money supply through the opposite actions.
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what is the best investment recommendation for an individual in a high tax bracket who is risk averse
Answers
The best investment recommendation for individuals in a high tax bracket who are risk averse is to invest in tax-advantaged accounts. These accounts, such as IRAs and 401(k)s, allow high earners to reduce their tax burden by deferring taxes until withdrawals are made.
In addition, the money invested in these accounts is typically invested in conservative, low-risk investments such as bonds and mutual funds. This allows the investor to achieve a reasonable rate of return with minimal risk. Additionally, these types of investments are usually liquid, meaning they can be easily accessed at any time. With the right mix of tax-advantaged accounts and conservative investments, a high-earning, risk-averse individual can enjoy the benefits of investing without taking on too much risk.
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Fill in the table by indicating the changes in the determinants necessary to decrease short-run aggregate supply (increase/decrease)
Answers
Input prices and burdensome regulation will lead to an increase in the short-run aggregate supply while human capital leads to a decrease.
What is supply?It should be noted that supply is the quantity of goods that a producer is willing to sell at a price and particular period.
In this case, input prices and burdensome regulation will lead to an increase in the short-run aggregate supply while human capital leads to a decrease.
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It is important to rationalize the supply base to leverage buying power and when sourcing professional services, a single-source strategy frequently maximizes the value O True O False I QUESTION 16 The 1042" rule has improved supply chain efficiency O True O False QUESTION 17 If a company seldom uses a 3PL provider, it is recommended that the company still negotiates with the provider regardless the size of need. O True O False Indirect spend is typically managed by the purchasing function within an organization. True False I QUESTION 19 Items comprising indirect spend for one company would be similarly classified by all other companies. O True O False.
Answers
The statement "It is important to rationalize the supply base to leverage buying power, and when sourcing professional services, a single-source strategy frequently maximizes the value" is True.
Rationalizing the supply base involves streamlining and optimizing the number of suppliers a company works with to leverage buying power and improve efficiency. By consolidating suppliers and reducing duplication, a company can negotiate better pricing, improve quality control, and foster stronger relationships with key suppliers. This, in turn, can lead to cost savings, improved service levels, and increased value.
When sourcing professional services, a single-source strategy often maximizes value by selecting one trusted provider that best meets the company's needs. This approach allows for better coordination, collaboration, and continuity in service delivery. It simplifies management and communication, reduces complexity, and enables the company to build a strong working relationship with the chosen service provider.
Regarding the other statements:
The "1042" rule is not a recognized rule in supply chain management, so the statement is False.
It is recommended to negotiate with a 3PL provider, regardless of frequency of use, to ensure favorable terms and conditions, so the statement is True.
Indirect spend is typically managed by the purchasing function within an organization, so the statement is True.
Items comprising indirect spend can vary between companies based on their specific needs and operations, so the statement is False.
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What are some common spreadsheets applications?
Answers
USES ( APPLICATIONS) of spreadsheet are;
1) to create budgets : Excel can be used in creation of budget s which is the estimation of revenue as well as expenses which covers specified future period of time.
2)produce graphs and charts: it's application is helpful in creating graphs in mathematics as well as statistics
3 for storing and sorting data: Data sorting can be done using spreadsheet. It involves arrangements of data into an order in order to make analysis of the data easier.
SPREADSHEET APPLICATION
1)Microsoft Excel : This is used in data
crunching , it can handle large data sets.
2)LibreOffice : it's applicable in Calc for a free as well as native spreadsheet app.
4) Smartsheet: is useful when handling
task involving non-spreadsheet and can be used for project management.
5)Quip : it's useful for integration of
spreadsheets into shared documents.
A regional bank negotiates the purchase of a one-year interest rate cap with a cap rate of 5.45 percent with a large bank. The option has a notional principle of $2 million and costs $3,400. In one year, interest rates are 6.33 percent. The regional bank's net profit, ignoring commissions and taxes, was:
Answers
The regional bank purchased an interest rate cap to protect against the risk of interest rates rising above 5.45 percent. The option cost the bank $3,400 and had a notional principle of $2 million.
In one year, interest rates rose to 6.33 percent, which would have resulted in a loss for the bank if they did not have the interest rate cap.
The net profit for the regional bank can be calculated by subtracting the cost of the option from the amount saved by having the cap. At an interest rate of 6.33 percent, the regional bank would have paid $126,600 in interest without the cap ($2 million x 6.33 percent). However, since the cap was in place, the bank only paid $109,000 in interest ($2 million x 5.45 percent + $3,400). Therefore, the net profit for the regional bank was $14,200 ($126,600 - $109,000). It is important to note that this calculation ignores any commissions and taxes that may be associated with the purchase of the option.
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