Explain how key concepts may help you as you move forward, whether in the world of
business or otherwise.

Answers

Answer 1

The concept of profit making in business helps an organization to be afloat and sustainable.

What is Concept?

This is referred to as abstract ideas about a particular subject or topic and profit making concept involves selling at a price higher than the cost price.

This will help reduce loss and keep business sustainable in the long term future.

Read more about Concept here https://brainly.com/question/13162939

#SPJ1


Related Questions

Mr. Garrett has just entered his ma initial coverage election period (icep). What action could you help him take during this time?

Answers

The  action that I could  help him take during this time is have  that to  opportunity to enroll in a Medicare Advantage plan.

What is Medicare Advantage plan?

Medicare Advantage is a  health insurance plan that give help with private-sector health insurer.

This is very common in the united state, and since, Garrett has just entered his MA Initial Coverage Election Period , he can be part of the Medicare Advantage plan.

Learn more about  Medicare at:https://brainly.com/question/3545635

#SPJ12

After a targeted segment of kids under twelve was chosen by a sugar cookie company, the company had to decide on its marketing mix to that segment. When deciding on a price strategy for its cookies, what questions should the company ask?.

Answers

When deciding on a price strategy for its cookies, the questions that should  be asked by the company ask is  How much is too expensive or too cheap .

What is pricing strategy?

A pricing strategy serves as the model that is been utilized by the company to establish the best price when trying to market their product or service.

That is why it is important for the company to ask  How much is too expensive or too cheap  because this will help them to be able to  choose prices so as to be able to maximize profits.

Learn more about price strategy at: https://brainly.com/question/13965928

#SPJ1

What is a design that can be produced to requirements even with unfavorable conditions in the production​ process?.

Answers

Answer:

fair use

Explanation:

i just need points

A ________ is a collection of tasks, steps, or activities that are performed, usually in a specific order, and result in an end product, such as a good or service. Select one: a. Six Sigma Project b. process c. Six Sigma Methodology d. goal

Answers

Answer:

b

Explanation:

A process is a collection of tasks,steps,or activities that are performed

Which 3 data points can be imported into the app transactions tab in quickbooks online?.

Answers

Answer: Description, Date, and Amount. 

Hansel just bought 100 N95 masks to sell during the pandemic. Hansel realizes he doesn’t have enough and calls Gretel on the phone to see if she has any extra. Hansel offers to pay Gretel $500 if Gretel sends him 50 N95 masks within 48 hours. Gretel needs the money, so she promises to send Hansel the 50 masks within 24 hours. Please explain what type of contract was created, if any?
Does it matter that all of the interaction between Hansel and Gretel occurred through cell phone conversations and voice mail? [Clearly state ”Yes” or “No”] Why or why not? Please explain any relevant contract principle(s) in your answer.

Answers

Answer:

There is no specific type of contract to define this agreement, as it was a verbal acceptance. And yes, there is a difference in the use of cellphone and voicemail as there would be a time difference. Please give brainliest.

This arrangement had verbal acceptance , hence there is no particular kind of document to describe it. As there would be a time gap, using a cellphone and voicemail do differ from one another.

What is verbal acceptance?

A verbal contract, which is sometimes referred to as an oral contract or parol contract, is an agreement reached between two or more persons using the spoken word. Parol is to vocally communicate or provide something.

Even without written words, actions can be used to verify verbal agreements. Any oral agreement to provide a service is a legally binding contract. However, some agreements must be in writing  and if they are not, they are not legally binding.

Just like a written offer, an unconditional verbal offer becomes enforceable and legally binding upon acceptance. However, some offers, including those made in the sale or purchase of real estate, must be made in writing.

To learn more about verbal acceptance

https://brainly.com/question/29741449

#SPJ2

What is iatrogenic anemia? How do you prevent it?

Answers

They can be prevented by using of small collection tube, allowing stable patients to carry out the laboratory test and sharing of specimen in the laboratory

What is iatrogenic anemia?

This is a condition of lowered hematocrit and hemoglobin count resulting from frequent removal of blood samples needed for testing purpose in the laboratory.

They can be prevented by carrying out the following:

The use of small collection tubesStable patients should only be allowed to carry out the laboratory testSharing of specimen in the laboratory

Learn more on iatrogenic anemia here: https://brainly.com/question/8197071

#SPJ12

Which trim level is available exclusively for customers who participate in the 2023 ariya reservation program?.

Answers

Customers who take part in the reservation program are the only ones who can purchase the front-wheel-drive Ariya Premiere.

What is trim level?

Manufacturers utilize trim levels to specify a vehicle's degree of equipment or unique characteristics. A vehicle's features and equipment are also determined by any option packages or individual options that were included in the order for the vehicle.

It comes with lighted Premiere kick plates, a Premiere grade badge, and 19-inch aluminum-alloy wheels with special aero wheel cover paint treatment.

Learn more about trim level :

https://brainly.com/question/27930408

#SPJ1

Adding deductive reasoning to traditional database management system (dbms) functions is a benefit of integrating an expert system into the database component of a(n) _____ system

Answers

The inclusion of the deductive reasoning to traditional database management system is a benefit of integrating an expert system into the database component of a Decision Support System.

What is a Decision Support System?

This refers to the set of related computer programs that is required to assist with analysis and decision-making within an organization.

Hence, the inclusion of the deductive reasoning to traditional database management system is a benefit of integrating an expert system into the database component of a Decision Support System.

Read more about Decision Support System

brainly.com/question/7655444

#SPJ12

On November 1, Jovel Company loaned another company $100,000 at a 6% interest rate. The note receivable plus interest will not be collected until March 1 of the following year. The company's annual accounting period ends on December 31. The amount of interest revenue that should be reported in the first year is:

Answers

The amount of interest revenue that will be recorded in the books of Jovel Company as on December 31 will be $1,000.

What is interest revenue?

The revenue which is generated by a company by the way of earnings made through interest over debts during a financial period is known as an interest revenue.

Using the above information, it can be ascertained that the total interest revenue over a loan of $100,000 will be $6,000, however, it was issued on November 1, and accounts close on December 31, so the interest revenue for 2 months will be computed as under,

[tex]\rm Interest\ Revenue\ for\ 2\ Months= \dfrac{Total\ Interest\ Revenue}{12}\ x\ No.\ of\ Months\\\\\rm Interest\ Revenue\ for\ 2\ Months= \dfrac{6000}{12}\ x\ 2\\\\\rm Interest\ Revenue\ for\ 2\ Months= \$1000[/tex]

Thus, the interest revenue has been computed as above.

Learn more about interest revenue here:

https://brainly.com/question/19165765

#SPJ1

The inventory records of Global Company indicate that $77,600 of merchandise should be on hand at the end of the month. The physical inventory indicates that $74,000 is actually on hand. The journal entry to adjust inventory shrinkage will include a.a credit to Cost of Merchandise Sold. b.a debit to Merchandise Inventory. c.a debit to Cost of Merchandise Sold. d.None of these choices are correct.

Answers

The journal entry to adjust inventory shrinkage will include c. a debit to Cost of Merchandise Sold.

What is inventory shrinkage?

Inventory shrinkage is a situation whereby the value of ending inventory as per the accounting records exceeds the physical inventory count.

Inventory shrinkage may be caused by:

Clerical errorsDamage to goodsLossTheft.

Thus, the journal entry to adjust inventory shrinkage will include c. a debit to Cost of Merchandise Sold.

Learn more about adjusting inventory shrinkage at https://brainly.com/question/6233622

#SPJ12

Mark and Julie are going to sell brownies and cookies for their third annual fundraiser bake sale. In one day, Mark can make 40 brownies or 20 cookies, and Julie can make 15 brownies or 15 cookies. Based on this information, ________ has the absolute advantage in making brownies and ________ has the absolute advantage in making cookies.

Answers

Based on this information, Mark has the absolute advantage in making brownies and Julie has the absolute advantage in making cookies.

What is absolute advantage?

Absolute advantage refers to the notion that a company, country or person has the best ability with respect to the production of a stated service or product.

Thus, it is right to state that given the above information, Mark has the absolute advantage in making brownies and Julie has the absolute advantage in making cookies.

Learn more about absolute advantage at;
https://brainly.com/question/1655791
#SPJ12

You discover an unattended email address or fax machine in your office receiving beneficiary appeals requests. You suspect no one is processing the appeals. What should you do?

Answers

If  you discover an unattended email address or fax machine in your office.  What you should do is: To Contact your compliance department.

Unattended email address

If an unattended email address  that is receiving appeals requests is discovered the next step of action to take is to get in touch or contact your compliance department.

You can contact your compliance department by making use of compliance hotline  or any other means that you can use to contact them.

Therefore  what you should do is: To Contact your compliance department.

Learn more about Unattended email address here:https://brainly.com/question/14983098

#SPJ12

Using the aging approach, management estimates that 10% of the $10,000 of Accounts Receivable will be uncollectible. The Allowance for Doubtful Accounts has a $100 unadjusted credit balance. After the bad debt adjusting entry is recorded, Bad Debt Expense on the income statement will be ______ the Allowance for Doubtful Accounts on the balance sheet. Multiple choice question. the same amount as $100 less than $100 more than

Answers

Using the aging approach management estimates that 10% of the $10,000 of Accounts Receivable will be uncollectible.  The Allowance for Doubtful Accounts has a $100 unadjusted credit balance. After the bad debt adjusting entry is recorded, Bad Debt Expense on the income statement will be the same amount as $10,000 the Allowance for Doubtful Accounts on the balance sheet.

What is Accounts Receivable?

Accounts receivable are the funds that customers owe your company for products or services that have been invoiced. The total value of all accounts receivable is listed on the balance sheet as current assets and include invoices that clients owe for items or work performed for them on credit.

How do you record Bad Debt Expense?

To record the bad debt expenses, you must debit bad debt expense and a credit allowance for doubtful accounts. With the write-off method, there is no contra asset account to record bad debt expenses. Therefore, the entire balance in accounts receivable will be reported as a current asset on the balance sheet.

Learn more about Bad Debt Expense on:

brainly.com/question/24871617

#SPJ4

what is the preferred style of check to provide to employees on payday

Answers

We can actually deduce here that the preferred style of check to provide to employees on payday is: direct deposit.

Who is an employee?

An employee refers to an individual who is employed or hired by an organisation or a firm to carry out a particular job description and afterwards compensated via wages or salaries.

We can see that many employees prefer that on payday that their employers send their monies via direct deposit.

Learn more about employee on https://brainly.com/question/3700565

#SPJ11

An alcohol server must complete an abc approved rbs training program and pass an abc administered exam within ____ calendar days of employment.

Answers

An alcohol server must complete an ABC-approved rbs training program and pass an ABC-administered exam within 60 calendar days of employment.

Who is an Alcoholic Server?

This refers to the person that pours the alcoholic drink to people that come to bars to buy.

Hence, we can see that based on government regulations, an alcoholic server is mandated to take an ABC-approved exam within the period of 60 days after he has been employed.

Read more about alcohol servers here:

https://brainly.com/question/11885626

#SPJ1

Education required for an animator

Answers

Answer: A bachelor's degree in an art related field

Explanation: Like most art related careers, you need a strong art portfolio to getting an art related job.

When the Fed decreases the interest rate paid on reserves, it:

Answers

When the Fed decreases the interest rate paid on reserves, it will increase the interest rate.

What is federal reserve?

This are stores of wealth or money that is owned by federal government.

The reserve helps to measure how well an economy is doing.

When the reserve is low the rate of interest paid is high to cover up for further spendings.

Therefore, When the Fed decreases the interest rate paid on reserves, it will increase the interest rate.

Learn more on federal reserve below

https://brainly.com/question/382312

#SPJ11

Suppose a piece of equipment cost $35,000 and has accumulated depreciation of $10,000. It is sold for $15,000 cash. What is the journal entry to record the sale of the equipment

Answers

The amount of the journal entry are as follows:-

Cash                                           $15000

Accumulated Depreciation         $10000

Equipment cost                         $35000

Loss on sale                               $10000

What is Depreciation?

An asset loses value over time as a result of use, damage, or obsolescence. Depreciation is the measurement for this decline.

The complete solution is attached below.

Depreciation, or a decline in asset value, can be brought on by a variety of other variables, such as bad market conditions, etc.

Thus the journal entry credit amount is Equipment cost $35000 and Debit amount of the journal entry are Cash $15000 Accumulated Depreciation $10000 and Loss on sale $10000.

Learn more about Depreciation here:

https://brainly.com/question/15085933

#SPJ1

The marketing concept that states that a business must find out what consumers want and provide it for them is called the:

Answers

The marketing concept that states that a business must find out what consumers want and provide it for them is called the customer orientation.

What is Customer orientation?

Customer orientation can be regarded as the business approach which involves giving attention to customer first by the company.

It  focus on helping customers meet their goals and find out what consumers want and provide it.

learn more about customer orientation at:https://brainly.com/question/24553900

#SPJ12

Are imports to Russia subject to VAT?

Answers

Answer:

yes

Explanation:

they pay 20 percent and is paid directly to Russia

Answer:

The Russian import VAT 20% has to be paid. The tax has to be paid directly to the Russian customs .The customs is one of the contributaries of development.In and out of goods may charged at the same VAT of 20%.

By Sk.

A stock with a beta of 2.0 has an expected rate of return of 13.15%. the risk-free rate in the market is 3.30%. what is the market premium? assume capm is true.

Answers

The capital asset pricing model of the question is 1.15.

What is the Capital asset pricing method?

The value of a security is determined by the Capital Asset Pricing Model, or CAPM, based on the projected return in relation to the risk investors take when purchasing that security.

The formula for CAPM:

Following is the CAPM formula:

Beta i + R f = E(R i)

(E(R {m})-R {f})

The CAPM formula is:

The expected return on investment is equal to the risk-free rate plus the beta (or risk) of the investment multiplied by the market's anticipated return minus the risk-free rate (the difference between the two is the market risk premium).

The answer is calculated as:

Rf plus beta Equals CAPM* (Rm-Rf) E(r) equals 13.5% 3.3 percent

Rf Beta = ? Rm-Rf, sometimes referred to as market risk premium, is equal to 8.8%. 13.5 % = 3.3 + beta (8.8 percent ) beta = 13.5 percent - 3.3 percent (8.8 percent ) 10.2% is equal to beta (8.8 percent ) Beta = 10.2% / 8.8% = 1.15909

Learn more about CAPM :

https://brainly.com/question/13814598

#SPJ1

When creating the complete 2nd Order Model for a regression model using job tenure (years working at that job), job experience (years working in that field), and education (high school, some college, associate's, or bachelor's), to predict income, you need to create interactions between all of the following EXCEPT:

Answers

One needs to create interactions between all of the following EXCEPT option B. high school and college. since, the model is using job tenure, it is the only option without work experience.

What is a 2nd Order Model for a regression model?

The polynomial regression model has one, two, or more than two predictor variables. Each predictor variable may be present in various powers. This polynomial model is called a second-order with one predictor variable because the single predictor variable is expressed in the model to the first and second powers.

Therefore, the only predictor variable in all other options is job experience. However, option C. does not have the dominating variable.

learn more about regression model: https://brainly.com/question/25987747

#SPJ11

Which nims management characteristic is necessary for achieving situational awareness?.

Answers

The NIMS Management Characteristic is facilitating information sharing is Integrated Communications.

What are the characteristics of NIMS?

All levels of government are governed under the National Incident Management System (NIMS). Common nomenclature, modular organization, management by objectives, and incident action planning are some of the key traits.

Interoperable communication methods and systems, which include voice and data linkages, are developed and put to use to facilitate integrated communications.

To sustain connectivity, establish situational awareness, and make information sharing easier, integrated communications are required.

As a result, integrated communications is the correct option.

Learn more about on NIMS, here:

https://brainly.com/question/27106824

#SPJ1

In a _________________________ economy, the individuals and the government share in the economic decision-making process. These groups work togther to ensure economic development.

Answers

Answer:

Mixed economy

Explanation:

There are three types of Economies:

Command Economy:

An economy where price and products are controlled by the government. It is very commonly seen in communist countries, like China or Vietnam.

Free market:

An economy where the government has little to no control. However, a perfect free economy doesn't exist anywhere, and is just a concept.

Mixed Economy:

An economy where the market is controlled by both the people/consumers, and the government. America is a mixed economy. Individuals are allowed to own property with little government intervention. However, the government has a lot more control over other sectors of the market.

So, to answer the your question, because the Mixed economy is controlled by the government and the poeple, it is the answer.

Market owner Lucy buys 12 cans of baby formula off of Mark--Lucy plans to sell them in her market even though she knows (or should have known) Mark got the cans of formula by illegal means. Lucy has committed the crime of:

Answers

If Mark got the cans of formula by illegal means. Lucy has committed the crime of: d. Fraud.

What is fraud?

Fraud can be the defined as the act of defrauding someone by deceiving them because of the financial gain the defrauder what to gain.

Based on the given scenario the act committed by Lucy is fraudulent act because she knew the can of formula was gotten through illegal means and she went ahead to still buy it from Mark.

Therefore  Lucy has committed the crime of:d. Fraud.

Learn more about fraud here:https://brainly.com/question/1260589

#SPJ1

The complete question is:

Market owner Lucy buys 12 cans of baby formula off of Mark--Lucy plans to sell them in her market even though she knows (or should have known) Mark got the cans of formula by illegal means. Lucy has committed the crime of:

a. larceny

b. receiving stolen goods

c. arson

d. fraud

The current popularity of teams can be attributed to the fact that ________. A. they outperform individuals B. they represent a better way to use employee talents C. they reduce the need for coordination and supervision D. they aid in the performance of simple tasks that do not require diverse inputs E. they strengthen the worth of individual team players over the team

Answers

Generally, the current popularity of teams are mostly due to the fact that they represent a better way to use employee talents.

What is a team popularity?

This refers to a team quality of being liked, enjoyed and accepted by a large number of people.

In most times, the popularity of typical teams are because they represent a better way to use employee talents for their organizational success.

Therefore, the Option B is correct.

Read more about team popularity

brainly.com/question/11565674

#SPJ12

Firms that adopt e-marketing strategies must consider making changes to their marketing mix variables. Which aspect of the marketing mix would relate to the ability to process orders electronically, reduce inefficiencies, costs, and redundancies while simultaneously increasing speed throughout the marketing channel?

Answers

The aspect of the marketing mix that would relate to the ability to process orders electronically, and reduce inefficiencies, costs, and redundancies while simultaneously increasing speed throughout the marketing channel is known as distribution.

What is distribution in marketing?

Distribution in marketing relates to how the product or service will get to the final consumer.

Hence, the aspect of the marketing mix that would relate to the ability to process orders electronically, and reduce inefficiencies, costs, and redundancies while simultaneously increasing speed throughout the marketing channel is known as distribution.

Learn more about distribution at;
https://brainly.com/question/25339343
#SPJ12

Learn more about

using the trueblood criterion what is the ultimate goal of accounting?

Answers

The ultimate goal of accounting according to trueblood criterion is to predict future cash flows to the investor or creditor

What is a trueblood criterion?

In accounting, its means the reporting on the past & present firm information that could help us predict future cash flow to firm.

Hence, by virtue of trueblood criterion, the ultimate goal of accounting is to predict future cash flows to the investor or creditor.

Therefore, the Option C is correct

Missing options "A) Predict future cash flows to the firm

B) Predict income to the investor or creditor

C) Predict future cash flows to the investor or creditor

D) Predict income to the firm"

Read more about accounting

brainly.com/question/26690519

#SPJ11

In the context of brand extensions, stretchability of a brand depends on: a. preventing the transfer of meaning from the new branded product to the original brand schema. b. consumers' ability to process relationships between the parent brand and associated products. c. consumers' rejection of the fit between the parent brand and other products on which it appears. d. finding consumers with the same degree of liking for a parent brand. e. the usage differences between parent brand and associated products.

Answers

The answer should be A
Other Questions
15 In the figure, O is the centre of the circle. The diameter of the circle, AB, is 14 cm, andis the same as the length of each side of the square PQRS. Find When you tell your audience about your personal experience with the topic, you are a. gaining the attention of the audience b. setting the mood and tone of your speech c. previewing the main points d. establishing your credibility Semantic code describes the ___ of content on a page, regardless of the style or appearance of that con what is the intercepts for y=2x-7 Explain the effects that alcoholism has on school perform When dividing its total debt by total equity whats a company trying to measure solve the following inequality ( algebra 1 ) Suppose s and t are directly proportional. If s=14 when t=12, what is s when t=7 ? sidiki filled up the gas tank of his motorcycle which holds 13 gallon then he drove 507 miles how many miles per gallon does sidikis motorcycle get A ship is stationary at sea.A tugboat is 24km away at a bearing of 110, and a yacht is 12km from the tugboat at a bearing of 085.Draw a scale diagram showing the positions of the three vessels.Use a scale of 1 cm: 3 km.Use your diagram to find the distance of the yacht from the ship to the nearest km. Jamaal is allowed to walk no farther than three blocks in either direction from his house. If his house is located on the 57th block of the town, which absolute value equation can be used to determine the farthest block to which Jamaal is allowed to walk?|x 57| = 0|57 3| = x|3 57| = x|x 57| = 3 The segments shown below could form a triangle.ACB8OBA. TrueB. False15A If I bought mine craft p.e. for 7.99 and hook my Micro soft account up, will i get java edition Which expression is equivalent to According to the diagram, which country is closest to a total command economy?A.ChinaB.CubaC.Hong KongD.Sweden Find the slope and distance.(6,-6) and (-6,+8) In the context of conflict perspectives on race and ethnic relations, __________ refers to the division of the economy into two areas of employment: a primary sector or upper tier, composed of higher-paid (usually dominant-group) workers in more secure jobs, and a secondary sector or lower tier, composed of lower-paid (often subordinate-group) workers in jobs with little security and hazardous working conditions. Pls help why did she flip the sign i dont understand how is a G protein activated? Which best describes solubility? the speed at which a substance dissolves the ability of one substance to dissolve in another the amount of surface area per a given mass the temperature at which subtances become a mixture