Answer:
Generic competition is competition among different products that solve the same purpose while enterprise competition is am orderly established business with limited liability of another person. The main difference between the two is that generic is rivalry among similar businesses while enterprise is the company itself.
Differences between generic and enterprise competition
Generic competition is regarded as the third level of competition while enterprise competition is not among the level of competition but it does existGeneric competition are often longer-term and focuses on substitutable product categories that is it exists between business product while Competitive Enterprise is simply a type of competition that exist been enterpriseFor better understanding, lets explain what Differences between generic and enterprise competition
Generic competition is a type of competition that is outward-oriented and focuse on products. the market that exists here consists of those products and services fulfilling the same customer needCompetitive Enterprise is simply when an existing or planned business enterprise are involved or engages in any activity and also owns or controls some a useful interest and are involved in any activity that tends to competes or will compete with other enterpriseFrom the above, we can therefore say that the answer
Differences between generic and enterprise competition
Generic competition is regarded as the third level of competition while enterprise competition is not among the level of competition but it does existGeneric competition are often longer-term and focuses on substitutable product categories that is it exists between business product while Competitive Enterprise is simply a type of competition that exist been enterpriseLearn more about enterprise competition from:
https://brainly.com/question/17759018
how long does it take to be an immigration lawyer and what’s the average salary?
Explain how productivity, demand, and availability/supply affect the values attached to money payments.
Answer:
The law of supply and demand is an economic theory that explains how supply and demand are related to each other and how that relationship affects the price of goods and services. It's a fundamental economic principle that when supply exceeds demand for a good or service, prices fall. When demand exceeds supply, prices tend to rise.
There is an inverse relationship between the supply and prices of goods and services when demand is unchanged. If there is an increase in supply for goods and services while demand remains the same, prices tend to fall to a lower equilibrium price and a higher equilibrium quantity of goods and services. If there is a decrease in the supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services.
The same inverse relationship holds for the demand for goods and services. However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.
Supply and demand rise and fall until an equilibrium price is reached. For example, suppose a luxury car company sets the price of its new car model at $200,000. While the initial demand may be high, due to the company hyping and creating buzz for the car, most consumers are not willing to spend $200,000 for an auto. As a result, the sales of the new model quickly fall, creating an oversupply and driving down demand for the car. In response, the company reduces the price of the car to $150,000 to balance the supply and the demand for the car to reach an equilibrium price ultimately.
The law of supply and demand is an economic theory that explains how supply and demand interact and how this influences the pricing of products and services. When supply exceeds demand for an item or service, prices fall. This is a basic economic premise. Prices tend to rise when demand exceeds supply.
When demand is constant, the supply and prices of products and services have an inverse relationship. Prices tend to decrease to a lower equilibrium price and a greater equilibrium quantity of goods and services when supply for goods and services increases while demand remains constant.
When the supply of products and services falls while demand remains constant, prices increase to a higher equilibrium price and a reduced quantity of goods and services are produced.
• The demand for products and services has the same inverse relationship. When demand rises but supply stays constant, the increased demand results in a higher equilibrium price, and vice versa.
• Supply and demand fluctuate until a price equilibrium is reached. Assume a premium vehicle manufacturer sets the price of their new model at $200,000.
• While the initial demand for the car may be great due to the company's marketing efforts, most people are unwilling to spend $200,000 on a vehicle.
• As a result, sales of the new model plummet, resulting in an oversupply and lower demand for the vehicle.
• As a result, the corporation lowers the price of the car to $150,000 in order to balance supply and demand for the vehicle and eventually establish an equilibrium price.
Learn more about demand and supply here:
https://brainly.com/question/1407435
Items of value owned by a business are known as which of the following?
Answer:
Explanation:
Assets
Ugh Inc.'s net income for the most recent year was $15,585. The tax rate was 40 percent. The firm paid $3,846 in total interest expense and deducted $2,525 in depreciation expense. What was the cash coverage ratio for the year? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.G., 32.16.) Cash coverage ratio times
Answer:
4.71
Explanation:
Cash coverage is a financial tool to calculate the proportion of available cash to interest expenses. It is useful in that it gives a deeper insight into available cash to offset interest expense and guide towards proper investment of cash.
Workings
Cash coverage ratio = cash + cash equivalent / interest expenses.
To arrive at the cash equivalent , depreciation is added back to the net income
Cash equivalent = 15,585+ 2,525 = 18,110
Interest expenses = 3,846
Cash coverage ratio = 18,110 / 3,846 = 4.71
This seems high and it is advisable that cash should be used for some short term investments to earn other profit
Clarifying the issues of a problem is the _____ step in the problem-solving process.
Answer:
Step 2
Explanation:
Answer:The Second step
Explanation:The first step is to understand the problem and then clarifying the issues.
In which career is it most important to exercise and take physical care of yourself?
A) therapist
B) child care provider
C) Interviewer
D) management
Answer: therapist
Explanation: i just took a test over this <3
The number of minorities in the workforce is _____. a. diminishing b. increasing c. unchanging d. decreasing
Answer:
Option b (increasing) is the correct choice.
Explanation:
Business owners may use statistics on either the minority race demographic to select a representative sample of about there workers with either the aspects of the brand living nearby. The population group query has also been used to obtain a depend on a number element.The remaining three options are not relevant to the situation in question. It should be the correct solution to the above.
Answer:
it is b
Explanation:
hope this helps
Which of the following circumstances is most likely to reduce one's standard of living?
1. An increase in the cost of some goods such as escalating gasoline prices.
2. A decrease in the cost of some goods such as a decrease in housing prices.
3. Stable prices and an increase in employee wages.
4. Losing your job, but gaining a sizeable inheritance.
Answer:
1. An increase in the cost of some goods such as escalating gasoline prices.
Explanation:
The standard of living refer to a comfort level, the goods, and the material, necessities and wants that are available to a person
In case when there is a decline in standard of living so it is due to the increased in price as it reduced the purchasing power of the consumer
If the price of the goods increased, then the quantity demanded decreased as per the law of demand
Therefore in the given case, the option A is correct
An _______ is an activity to get you thinking about your project including your role, the challenge and objectives. Question 4 options: obstacle course benchmark hour nap entry event
Answer:
obstacle course
Explanation:
An obstacle course helps your mind to focus on your project or activities and gets your thought process going.
A good definition of the term Marketing
Answer:
Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.
Explanation:
The transfer of existing mortgages between investors is the:___________
Answer:
Secondary mortgage market
Explanation:
The secondary mortgage market is a market in which the loan related to the home and the services rights are purchased and sold between the lenders and the investors
here the transfer is to be done with respect to the mortgages that are previously existed between the investors
Therefore in the given case, it is the situation of the secondary mortgage market and hence, the same is to be considered
How do long-term goals differ from short-term goals?
Long-term goals require more money than short-term goals do.
Long-term goals require more planning than short-term goals do.
Long-term goals are less attainable than short-term goals are.
Long-term goals involve less planning than short-term goals do.
Long-term goals require more planning than short-term goals do.
Planning what to do to get a car would take more planning than choosing breakfast. Therefore the second option is correct.
The correct answer is B. Long-term goals require more planning than short-term goals do.
Hope this helps
:)
In 2017, Blake purchased a new home. In addition to the purchase price of $200,000, he paid $700 in legal fees and $2,000 in recording costs. In 2019, he added a deck at a cost of $5,000. Blake's basis in his home is:
Answer:
$207,700
Explanation:
Blake's basis in his home in 2017 = purchase price + legal and administrative fees = $200,000 + ($700 + $2,000) = $202,700
Since the deck that Blake added to his home is considered an improvement that is permanent and increases the home's value, it will also increase the home's basis = $202,700 + $5,000 = $207,700
The type of business that provides a product or a service, makes sales to customers, and incurs expenses is ____.
A. a service business
B. a merchandising business
C. a manufacturing business
D. All of these
Answer:D
Explanation:
Levi has always wanted to be a lawyer, but the top career cluster for him, according to his personal assessment, is the Arts, A/V Technology, and Communications cluster. What would be a mistake for Levi after taking the personal assessment? giving up on being a lawyer researching the Arts, A/V Technology, and Communications career cluster talking about the test with a school counselor researching the Law career cluster
Answer:
A) Giving up on being a lawyer
Explanation:
Just because some test told Levi he was good at the Arts, A/V Technology and communications cluster. Doesn't mean it he has to give up on his goal.
Answer:
A. giving up on being a lawyer
Explanation:
Edge 2021
The way you spend your time and energy is your _____.
PLS DONT GUSS:(
career
lifestyle
occupation
leisure time
Answer:
Lifestyle
Explanation:
Because your lifestyle contains all of those things, it's the way you live your life and what you're both made to do and choose to do!
Answer:
Lifestyle
Explanation:
Your lifestyle is how you spend your time, energy, and resources
Trial courts determine if a will is valid or not. O True O False
Answer:
A valid will has to be in writing, and signed by the testator in the presence of two witnesses, who must also attest the will. If the process is not followed to the hilt, the will can be challenged in the court of law. So the answer is true.
Shannon Corporation issues common stock for $25,000. Recording this transaction will include a:______.
Answer:
the complete journal entry for this transaction will be:
Date, issuance of common stocks
Dr Cash 25,000
Cr Common stock 25,000
If the par value of the stocks was lower than $25,000, for e.g. $15,000, instead of crediting only common stock account, you would need to credit both common stock (for $15,000) and additional paid in capital account (for $10,000).
Adnan Hassan earned 5% commission as a sales trainee. After
promotion to a sales associate, he earned 8% commission. His year-end
report showed $673,874 in total sales and $45,006.52 in commission.
What did his sales total as (a) a sales trainee and (b) a sales associate?
Answer:
He earns $296780 as a Sales Trainee and $377094 as a Sales Associate
Explanation:
Given
Let x represents his sales as a sales trainee
Let x represents his sales as a sales associate
Total Sales: [tex]x + y = 673874[/tex]
Total Commission: [tex]0.05x + 0.08y = 45006.52[/tex]
Required
Find x and y
Equations
[tex]x + y = 673874[/tex] --- (1)
[tex]0.05x + 0.08y = 45006.52[/tex] --- (2)
Make y the subject of formula in (1)
[tex]x + y = 673874[/tex]
[tex]y = 673874 - x[/tex]
Substitute this in (2)
[tex]0.05x + 0.08y = 45006.52[/tex]
[tex]0.05x + 0.08(673874 - x) = 45006.52[/tex]
Open Bracket
[tex]0.05x + 53909.92 - 0.08x = 45006.52[/tex]
Collect Like Terms
[tex]0.05x - 0.08x = 45006.52 - 53909.92[/tex]
[tex]- 0.03x = -8903.4[/tex]
Divide through by -0.03
[tex]x = \frac{-8903.4}{-0.03}[/tex]
[tex]x = 296780[/tex]
Recall that
[tex]y = 673874 - x[/tex]
[tex]y = 673874 - 296780[/tex]
[tex]y = 377094[/tex]
Hence;
He earns $296780 as a Sales Trainee and $377094 as a Sales Associate
Assessment
3/10
Imagine you've used your own money to develop your business idea. Now you need more
funding to keep growing. Which financing method would be available to you at this
stage?
A. Debt financing
B. Angel investing
C. Venture capital
D. Going public
Hourly Wages
1. Hourly Rate $8.40
Hours Worked 40 hours
Find straight-time pay.
Answer:
336
Explanation:
Multiply 8.4 times 40 and you get 336.
I hope this helped.
Caveat emptor as a legal principle continues to be recognized because _____. Sellers don’t want to be bothered with quality. The courts place some level of responsibility on consumers to make certain they know what they are buying and its general quality; otherwise, courts would be forever resolving small disputes. Common law is less expensive to enforce than more contemporary laws. Caveat emptor is no longer a recognized legal principle.
Answer:
The courts place some level of responsibility on consumers to make certain they know what they are buying and its general quality; otherwise, courts would be forever resolving small disputes.
Explanation:
This principle is based on the understanding that buyers have an opportunity to inspect the item, to have it inspected by a qualified professional, and to research its history before making a decision to buy. If the buyer, whether he takes advantage of this opportunity or not, chooses to buy the item, he cannot blame the seller for any deficiencies he may later discover.
What are the three main decision-making types discussed in the article? (Site 1)
Answer:
1. Certain
2. Risk
3. Uncertainty
Explanation:
Answer:
1. Certain
2. Risk
3. Uncertainty
Explanation:
edg2021
An_____transaction involves an exchange between the company and a separate economic entity.
Answer:
external
Explanation:
found on quizlet by putting in the whole question
Which career path includes the work duties of hiring and managing farm laborers? a career as a purchasing agent a career as a farm management advisor a career as a farm labor contractor a career as a food scientist
Answer:
B.) A career as a farm management advisor
Explanation:
Answer:
B
Explanation:
Amanda Roberts works a Monday Through Friday work week at a rate of 8.75$ per hour. She takes a 1 hour lunch break. If she clocks in each day at 8:45 am and leaves at 5:15 pm what is her total pay for the week?
What is an Individual Asynchronous Communicator? And provide 2 examples of people who are like that
Answer:
asynchronous communication is when you send a message without expecting an immediate response. For example, you send an email. I open and respond to the email several hours later. You can choose anyone you know for the example of people who are like that part. <3
Explanation:
When there are many people seeking the same job, this is known as a _____ of workers.
PLS DONT GUSSSS!!!!!!!!!
consumer
demand
projection
surplus
Answer:
surplus
Explanation: A surplus is a group of people searching for the same job.
Answer:
surplus
Explanation:
If your lifestyle budget is fifty thousand dollars a year, selecting a career earning seventy-five thousand dollars a year will most likely allow you to meet your lifestyle budget
Answer:
True
Explanation:
If one budgets to spend 50 thousand per year for the kind of lifestyle he wishes for then estimating a higher amount than the projected amount or budget for his lifestyle would enable him comfortably live this lifestyle. This is because his budgeted amount-50k might not be exactly the amount or may increase as a result of inflation and so making provisions for any errors by looking for pay which adds 20k to his annual earnings would be very much needed to reach his lifestyle expenses
How is it possible to have a large amount of assets but only modest net worth?
Answer:
one possibility is that you spent more on your assets, than your assets are making. In other words, some assets may have a low or negative net worth
It's possible that you spent more money on the assets than they were earning. To put it another way, some assets could have a low or negative net worth.
What is meant by assets?An asset is a resource with economic value that a person, company, or nation owns or manages in the anticipation that it may one day be valuable. Assets are listed on a company's balance sheet. They are broken down into four groups: present, fixed, financial, and tangible.
In a nutshell, yes cash is the largest asset and a current asset on a company's balance sheet. Using cash, the most liquid asset type, is the simplest way to acquire other assets.
An asset is something or someone that is beneficial or helps a person or organization prosper. Our inventiveness is our greatest asset in the technology field. single-word noun.
Thus, It's possible that you spent more money on the assets than they were earning.
For more details about assets, click here:
https://brainly.com/question/13848560
#SPJ2