The different ways an entrepreneur can keep up with the innovative changes in the business world include:
Increase productivityBe well informed of the new changes and implement where necessaryImprove the customer satisfaction experience, etcAccording to the given question, we are asked to state the different ways an entrepreneur can keep up with the innovative changes in the business world and how to keep their business competitive
As a result of this, we can see that when it comes to innovation, new things are coming up everyday which helps businesses grow and gain more visibility and if an entrepreneur does not keep up with these changes, he would be left out.
Read more about entrepreneurship here:
https://brainly.com/question/24254318
Gundy Company expects to produce 1,299,600 units of Product XX in 2017. Monthly production is expected to range from 73,600 to 118,800 units. Budgeted variable manufacturing costs per unit are direct materials $3, direct labor $6, and overhead $9. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $2.Prepare a flexible manufacturing budget for the relevant range value using 22,600 unit increments.
Monthly Flexible Manufacturing Budget
For the Year 2017
Activity level
Finished units 73,600 96,200 118,800
Variable costs
Direct materials($3) $220,800 $288,600 $356,400
Direct labor($6) $441,600 $577,200 $712,800
Overhead($9) $662,400 $865,800 $1,069,200
Total variable costs $1,324,800 $1,731,600 $2,138,400
Fixed cost
Depreciation[($6 * 1,299,600) 12] $649,800 $649,800 $649,800
Supervision[($2 * 1,299,600) / 12] $216,600 $216,600 $216,600
Total fixed costs $866,400 $866,400 $866,400
Total costs $2,191,200 $2,598,000 $3,004,800
See similar solution here
brainly.com/question/12988342
How can you make the most of a tight budget?
a) making a list before shipping
b) buying on sale
c) setting good priorities
d) all of these
Answer:
D
Explanation:
most prob everything is good
A(n) to is any policy that is designed to reduce the competitiveness of foreign producers that wish to sell their goods or services in the domestic market.
A protectionism policy is any policy that is designed to reduce the competitiveness of foreign producers in the domestic market.
The protectionism policy helps to protect the domestic industries against the foreign competition through various means methods including
Imposition of tariffsSubsidiesImport quotasTrade restrictions.The policy of protectionism are determined by the Federal government of the country to help reduce the importation or competitiveness of foreign company in the country's market.
In conclusion, the policy is known as a protectionism policy.
Read more about this here
brainly.com/question/3279101
Answer:
Barrier to Trade
Explanation
Suppose you are travelling in France, and you want to purchase a botte of wine that costs 20 euros. The exchange rate is 0.90 euros per dollar. In U.S. dollars this wine would cost:
In US dollars, the wine would cost $22.22.
Exchange rate is the rate at which the currency of one country is exchanged for the currency of another country. Based on the information provided in the question, $1 exchanges for 0.90 euros.
Value of the wine in dollars = cost of win in euros / exchange rate
20 /0.9 = $22.22
To learn more, please check: https://brainly.com/question/14705259
3. Suppose we have an investment of $10,000 that is earning 2.1% interest compounded continuously. How long would it take to triple the initial investment
It will take an approximate of 52 years to triple the initial investment.
The formula for Future value is A = Pe^(rt)
Given Information
Triple amount
Rate = 2.1%
[tex]3 = e^(.0.021t)\\ln(3) = 0.021t\\t = ln(3)/0.021\\t = 1.09861228867 / 0.021\\t = 52.314870889\\t = 52.31[/tex]
Therefore, it will take an approximate of 52 years to triple the initial investment.
See similar solution here
brainly.com/question/19649471
each of the statements shown is characteristic of a phase in the development of a competitive market industry. please classify each statement as a cause of firms exiting the market, the number of firms in the market remaining stable, or firms entering the market.
Firms would exit the market in the following circumstances:
Price is less than average cost Firms post an economic loss.The market would remain stable in the following circumstances:
No firms earn economic profitFirms would enter the market in the following circumstances:
Price is greater than average cost.Firms earn both economic profit and accounting profit.A competitive market industry is characterised by many buyers and sellers of identical goods and services. Market price is set by the forces of demand and supply.
In the long run, firms would earn only accounting profit. If a firm earns economics profit in the short run, firms would enter the industry in the long run. This would reduce economic profit to zero.
In the short run if firms earn economic loss, in the long run, firms would leave the market. As a result, economic profit would rise to zero.
Find attached an image of the options. To learn more, please check: To https://brainly.com/question/22698976
a competitive firm’s short-run supply curve is its ________ cost curve above its ________ cost curve.
Answer:
marginal and average total
Explanation:
A competitive firm's short run supply curve is the portion of its marginal cost curve that lies above its average total cost curve.
jana has agreed to borrow $4,000 through a Subsidized Direct Loan to pay her freshman tuition. When she receives the loan, how much will she get
Answer: $3,957.64
Explanation:
All Direct Loans have a 1.059 percent fee which is deducted from the amount of the loan, up front. This means that Jana's fee is $42.36 ($4,000 x .01059). Therefore, she will only receive $3,957.64.
Which application’s primary business benefits include sales forecasts, sales strategies, and marketing campaigns?.
There are different reasons people set up business. ERP system application’s primary business benefits include sales forecasts, sales strategies, and marketing campaigns.
ERP system is known to have the primary benefits such as Forecasting, planning, purchasing, material management, warehousing, inventory, and distribution.ERP is simply known as Enterprise Resource Planning. It is simply a type of software or system used by a business organizations to plan and manage daily activities.
They daily activities includes supply chain, manufacturing, services, financials and other processes. ERPs links all aspect of an firm.
Learn more about ERP system from
https://brainly.com/question/16341677
All of the brands that Miguel can easily call to mind for laundry detergents, whether he would consider buying them or not, comprise his ______ set. Multiple choice question. retrieval predetermined universal evoked
The ability of Miguel to recall those brands of detergent is known as Retrieval set in marketing.
In marketing, the term "Retrieval set refers to series of brands that a consumer can recall from their memory whether they are making purchase or not".
Here, Miguel can easily call to his mind different brand of laundry detergents whether he is considering buying them or not.
The ability to recall those brands is known as Retrieval set in marketing.
Therefore, the Option A is correct.
Read more about this here
brainly.com/question/8570566
Which of the following are some of the biggest perceived detriments of the performance management system?
a. Feedback that is delivered frequently.
b. Lack of fairness by managers.
c. Too much focus on pay and incentives.
d. Lack of clarity on how to improve.
The factors that are considered some of the biggest perceived detriments of the performance management system are: b. Lack of fairness by managers; c. Too much focus on pay and incentives, and; d. Lack of clarity on how to improve.
To understand this subject, we need to know what the performance management system is.
What is a Performance management system?Performance management system refers to a series of activities that are performed by the human resource department in an organization to improve the productivity of employees. Its features are;
Provision of feedback in real-time
TrainingRewardRecognitionProgress review.While all of these are good, certain downsides can be seen when managers are not fair, focus much on pay and incentives, and do not provide enough information on what workers can do to improve.
Learn more about performance management system here:
https://brainly.com/question/15030733
which policy tools are considered automatic stabilizers?
In the fiscal policies of governments, automatic stabilizers are meant to correct and stabilize the fluctuations that arise within the economy of nations. The policy tools that are considered automatic stabilizers are;
A progressive income tax structure Government unemployment benefitsAt times, the economy of a nation might experience shocks and destabilizations. These policy tools listed above are meant to generate taxes from the citizens that would cushion the effects of these shocks.
They help to increase the flow of money in the economy when it is passing through difficulties like recessions.
Learn more here:
https://brainly.com/question/24276941
state governments use to compete with other states and countries to locate businesses in their areas.
Answer:marketing
Explanation:
The state governments used to compete with other states and countries to locate businesses in their areas, of marketing.
What is businesses?
The term “businesses” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.
According to state governments, are the utilized to the states and nations are the based on the situated are the state and the businesses in the is area are the based on the marketing. Marketing is the practice of a business of promoting the acquisition and selling of goods and services. Marketing consists of promotion, publicity, and advertising.
As a result, the state governments used to compete with other states and countries to locate businesses in their areas, of marketing.
Learn more about on businesses, here:
https://brainly.com/question/15826771
#SPJ2
(a) (b) (c)
AS(P100) AS(P125) AS(P75)
P Q P Q P Q
125 $560 125 $500 125 $620
100 500 100 440 100 560
75 440 75 380 75 500
Suppose the full employment level of real output (Q) for a hypothetical economy is $500, the price level (P) initially is 100, and prices and wages are flexible both upward and downward. Refer to the accompanying short-run aggregate supply schedules. In the long run, an increase in the price level from 100 to 125 will
a. increase real output from $500 to $560.
b. decrease real output from $500 to $440.
c. change the aggregate supply schedule from (a) to (c) and result in an equilibrium level of real output of $560.
d. change the aggregate supply schedule from (a) to (b) and result in an equilibrium level of real output of $500.
Answer:
XDXDXDXDXDXDXDXDXDXDXXDXD
Explanation:
Using ________, measurements such as testing assumptions about the business, attributes the customers like, and retention rates can be collecteD)
Considering the measurements described above, it is believed that using "innovation accounting" measurements such as testing assumptions about the business, attributes the customers like, and retention rates can be collected.
This is based on the idea made by AI Ries, a renowned marketer who claimed that innovation accounting is a form of evaluation theory that is used to evaluate the difference made to the product and see if this difference is bringing the expected outcomes.
Innovation accounting is used to see beyond the conventional measures such as sales, profits, and return on investment.
Instead, it helps the business owners to examine assumptions about the business, like, sign-ups, and retention rates, etc.
Hence, in this case, it is concluded that the correct answer is "innovation accounting."
Learn more here: https://brainly.com/question/17787114
The extended warranty on a garage door is $238. If the warranty costs 35% of the purchase price, how much does the garage door itself cost, to the nearest dollar? a. $833 b. $393 c. $740 d. $680.
The amount that the garage door itself cost, to the nearest dollar is d. $680.
Using this formula
Cost=Extended warranty cost/Purchase price percentage
Where:
Extended warranty cost=$238
Purchase price percentage=35% or 0.35
Let plug in the formula
Cost=$238/0.35
Cost=$680
Inconclusion the amount that the garage door itself cost, to the nearest dollar is d. $680.
Learn more here:https://brainly.com/question/11721569
Answer: d. $680
hope this helps <3
The most basic form of ownership in a firm consists of:
When a company has both common and preferred stock, its ROE must be adjusted by ______. (Select all that apply.) Multiple select question. adding the preferred stock balance to total stockholders' equity subtracting preferred stock dividends from net income subtracting the preferred stock balance from total stockholders' equity adding the preferred stock dividends to net income
With both common and preferred stocks, the company's ROE must be adjusted by B. subtracting preferred stock dividends from net income and C. subtracting the preferred stock balance from total stockholders' equity.
ROE means Return on Equity. It refers to the financial measure that determines the profitability of Common Stockholders' investments versus the profits due to them.
Thus, to arrive at the ROE, the preferred stock dividends must be deducted from the net income, and the resulting figure is divided by the balance of the total stockholder's equity after subtracting the preferred stock.
Learn more: https://brainly.com/question/18068539
To ensure that work gets done, Jonah engages in initiating structure by assigning tasks to members of his department, creating schedules, reminding his staff to adhere to the organizational rules, and ______.
Select the correct answer.
Mark works as an operations manager in a manufacturing firm. Mark is very particular about the new employees that the company plans to hire, especially because the business needs skilled workers to use new machinery. Which management function is Mark carrying out to maximize his company’s operations in the future?
A. staffing
B. controlling
C. planning
D. organizing
Answer:
Explanation:
I'd say controlling
It could be staffing tho i don't know
Answer:
A) Staffing
Explanation:
Took test
To succeed in the future, marketing must ________. rely more on mass marketing become more holistic focus on free-spending be more departmental build brands through promotion rather than performance
Based on marketing strategies, to succeed in the future, marketing must become more holistic.
What is marketing?Marketing is the process of promoting commodities and services in a way that results in to increase in its demands. It usually involves advertisements mad marketing research.
However, to be more successful in the future of the business, it is believed that marketing should become holistic and less departmental.
This implies that marketing should be carried out by every segment or unit of the business and not left to
marketing department alone.
Hence, in this case, it is concluded that the correct answer is option B. "become more holistic."
Learn more about the marketing process here: https://brainly.com/question/8181313
A budget that reports expected cash receipts and cash payments related to the sale and purchase of plant assets is called a: Multiple Choice Cash budget. Capital expenditures budget. Rolling budget. Sales budget. Production budget.
A budget that reports expected cash receipts and cash payments related to the sale and purchase of plant assets is called Capital expenditures budget
Capital expenditures budget shows the cash amounts estimated to be used up for the purchase of additional plant assets or expected from the sale of plant asset. Most Capital expenditures are usually for huge projects or for long term assets.After a financial evaluation to estimate if a company's return on investment targets are met, The Capital expenditure budget can then be reviewed to see what project to be done.Learn more here:https://brainly.com/question/15683430
Corporations distribute profits to owners through: Group of answer choices bonds. interest. taxes. dividends.
1. A company wants to build a new voting kiosk for sales to governments around the world. Which IoT technologies should the company choose to ensure the highest degree of security
Based on the situation described in the question, the IoT technology that the company should choose to ensure the highest degree of security is "Azure Sphere."
This is because Azure Sphere is the operating system that Microsoft designs to ensure the dealers of Internet of Things devices increase their security by incorporating a specific system on a chip.
Azure Sphere is known for its protection, high-level application functionalities, and well built-in communication and security traits for internet-connected devices.
Hence, in this case, it is concluded that the correct answer is "Azure Sphere."
Learn more here: https://brainly.com/question/22977393
When a company has both common and preferred stock, its ROE must be adjusted by ______. (Select all that apply.)
When a company has both the common and preferred stock, then, its ROE must be adjusted by subtracting the preferred stock balance from the total stockholders' equity and subtracting preferred stock dividends from net income.
The ROE means Return on equity.
Return on equity is used to measure the profitability of a business in relation to its equity.
If the company have common and preferred stock, then, its ROE must be adjusted by subtracting the preferred stock balance from the total stockholders' equity and subtracting preferred stock dividends from net income.
Therefore, the Option A and C is correct.
Missing options includes "A) subtracting the preferred stock balance from the total stockholders' equity, B) adding the preferred stock dividends to net income, C) subtracting preferred stock dividends from net income , D) adding the preferred stock balance to total stockholders' equity"
Read more about this here
brainly.com/question/4973152
If a rental space measures 40 feet by 40 feet, what would the monthly rent be per square foot if the monthly rent totals $2,000
Square feet = Length x width:
Square feet of the space = 40 x 40 = 1600 square feet
Cost per square foot = cost / area
Cost per square foot = 2000 / 1600 = $1.25 per square foot
According to the calculator, the monthly payment Demarco and Tanya should anticipate paying for principal and interest is $208. $877. $669. $1,200.
Principal rate is the amount which is gotten after parameters like the interest which is inversely proportional to the time multiplied by the rate of the amount for a specified amount of time.
Mathematically, it is represented as Principal= Interest/Time x Rate
As a result of this, we can see that the principal rate is a part of the parameters which is used to calculate the Simple Interest of a specified amount of money for a certain amount of time.
Please note that your question is incomplete so I gave you a general overview so that you would get a better understanding of the concept.
Read more about principal rate here:
https://brainly.com/question/14744832
Answer:
C. $669
Explanation:
Economists normally assume that the goal of a firm is to Group of answer choices maximize its total revenue. minimize its explicit costs. minimize its total cost. maximize its profit.
Economists normally assume that the goal of a business firm is to: D. maximize its profit.
Profit can be defined as an amount of money that is generated by an individual or a business firm when the manufacturing cost is deducted (subtracted) from total revenue.
Generally, economists usually consider the maximization of profit as the goal of a business firm.
In this context, economists usually assume that the goal of a business firm is to earn:
Profits as large as possible, even if it has to reduce its level of production.Profits as large as possible, even if it has to incur a higher total manufacturing cost.Read more: https://brainly.com/question/25087943
which general staff member directs management of all
Answer:
manager
Explanation:
enterprise opportunities
