Which of the following activities also contributes to your financial success? Check all that apply. Self-awareness and knowledge of your own values, as well as attitudes and behaviors regarding money, spending, and saving. Knowledge of the general condition and events occurring in the local, state, regional, national, and international economic environments. The development of an effective plan that is consistently applied until it is revised in accordance with changes in your goals and life circumstances. Knowledge of what other average people believe and how they behave, because they affect the same financial markets and economic conditions that affect you.

Answers

Answer 1

Answer:

The correct answers are the first, second and third options. All of them but the last one.

Explanation:

To begin with, when it comes to terms of financial success regarding someone personal matters, the majority of activities that can strength up those financial thoughts are the ones that improve yourself as a financial thinker, like the self-awareness and knowledge of the person's own values when it comes to money and its spending and saving because that will make the person see the importance of keeping it sometimes to spending it other times for better thing that can give him better future opportunities. Moreover, the development of an effective plan that shows to him how he must spend those saving and how he must control himself from the waste of money will also help as well as the fact that he knows and understand the conditions and circumstances that affect the local, national and international economy that will eventualy end up affecting the person's financial life.

Answer 2

The activities that contribute to financial success include the following:

A. Self-awareness and knowledge of your own values, as well as attitudes and behaviors regarding money, spending, and saving.

B. Knowledge of the general condition and events occurring in the local, state, regional, national, and international economic environments.

C. The development of an effective plan that is consistently applied until it is revised in accordance with changes in your goals and life circumstances.

What is financial success?

Financial success involves making consistent financial efforts to achieve a better financial position.

Thus, to achieve financial success, one must not know the belief and behavior of other average people but must become self-aware, know the economic environments, and develop an effective plan.

Learn more about achieving financial success here: https://brainly.com/question/11409445


Related Questions

or 2018, Gourmet Kitchen Products reported $22 million of sales and $18 million of operating costs (including depreciation). The company has $15 million of total invested capital. Its after-tax cost of capital is 9% and its federal-plus-state income tax rate was 35%. What was the firm's economic value added (EVA), that is, how much value did management add to stockholders' wealth during 2018

Answers

Answer:

Economic value added = $1,250,000

Explanation:

Economic value added (EVA) = Net operating profit after taxes - Invested capital * cost of capital

Economic value added= [($22,000,000 - $18,000,000) * (1 - 0.35)] - [$15,000,000 * 9%]

Economic value added =  ($4,000,000 * 0.65) - $1,350,000

Economic value added  = $2,600,000 - $1,350,000

Economic value added = $1,250,000

Angel Corporation reported pretax book income of $1,006,000. During the current year, the net reserve for warranties increased by $25,900. In addition, tax depreciation exceeded book depreciation by $101,500. Finally, Angel subtracted a dividends received deduction of $26,200 in computing its current year taxable income. Angel's hypothetical tax expense in its reconciliation of its income tax expense is:

Answers

Answer:

$211,260

Explanation:

Calculation for Angel's hypothetical tax expense in its reconciliation of its income tax expense

Using this formula

Angel's hypothetical tax expense=Pretax book income × Tax rate

Let plug in the formula

Angel's hypothetical tax expense=$1,006,000×21%

Angel's hypothetical tax expense=$211,260

Therefore Angel's hypothetical tax expense in its reconciliation of its income tax expense will be $211,260

Major Manuscripts, Inc., is currently operating at 70 percent of capacity. All costs and net working capital vary directly with sales. The tax rate, the profit margin, and the dividend payout ratio will remain constant. How much additional debt is required if no new equity is raised and sales are projected to increase by 10 percent

Answers

The attached data is required to answer the question

Answer:

$535

Explanation:

In this scenario we need to calculate the additional debt required by Major Manuscript

We expect an increase of 10% of sales

Therefore

Total assets projected = 9,420 * 1.10 = $10,362

Accounts payable projected = 2,200 * 1.10 = $2,420

Current long term debt = $260

Current common stock = $2,400

Retained earnings projected = 4,560 +{(360 - 190) * 1.10} = $4,747

Additional debt required = 10,362 - 2,420 - 260 - 2,400 - 4,747

Additional debt required = $535

four problems associated with money​

Answers

Answer:

Hmm.

Explanation:

Problems making ends meet

Accumulating too much debt.

Making poor purchasing and investing decisions.

Being unable to enjoy money.

(Source; USATODAY.com)

Financing that individuals or institutions have provided to a corporation is: Multiple Choice always classified as a liability. classified as a liability when provided by creditors and as stockholders' equity when provided by owners. always classified as equity. classified as a stockholders' equity when provided by creditors and a liability when provided by owners.

Answers

Answer:

classified as a liability when provided by creditors and as stockholders' equity when provided by owners

Explanation:

Corporate finance can be explained as how the revenue, asset as well as is been taken care of in business. The financing could be by individual or institution.

It should be noted that Financing that individuals or institutions have provided to a corporation is classified as a liability when provided by creditors and as stockholders' equity when provided by owners

The following information relates to next year's projected operating results of the Children's Division of Grunge Clothing Corporation: If Children's Division is dropped, half of the fixed costs above can be eliminated. What will be the effect on Grunge's profit next year if Children's Division is dropped instead of being kept? Select one: a. $50,000 increase b. $250,000 increase c. $250,000 decrease d. $550,000 increase

Answers

Question:

The following information relates to next year's projected operating results of the Children's Division of Grunge Clothing Corporation:

Contribution margin.... 200,000

Fixed Expense.... 500,000

net operating loss..... (300,000)

If Children's Division is dropped, half of the fixed costs above can be eliminated. What will be the effect on Grunge's profit next year if Children's Division is dropped instead of being kept?

A) 50,000 increase

B) 250,000 increase

C)250,000 decrease

D) 550,000 increase

Answer:

Option A is correct

Increase in profit = $50,000

Explanation:

To determine whether or not it will be profitable to drop a loss making division, we compare the savings in fixed cost to the lost contribution from the division.

It is noteworthy that only the fixed cost attributed to division can only be saved should the division be shut down.

The analysis is done as follows:

                                                                              $

Lost contribution                                           (200,000 )

Savings in fixed cost (1/2× 500,000)           250,000

Net savings                                                   50,000

Increase in profit = $50,000

The adjusted trial balance of Pacific Scientific Corporation on December 31, 2021, the end of the company’s fiscal year, contained the following income statement items ($ in millions): sales revenue, $2,200; cost of goods sold, $1,440; selling expense, $215; general and administrative expense, $205; interest expense, $45; and gain on sale of investments, $85. Income tax expense has not yet been recorded. The income tax rate is 25%. Assume the company’s accountant prepared a multiple-step income statement. a. What amount would appear in that statement for operating income? b. What amount would appear in that statement for nonoperating income?

Answers

Answer:

A. $340 million

B. $40 million

Explanation:

A. Calculation for the amount that would appear in that statement for operating income

Sales revenue $2,200

Less: Cost of goods sold ($1,440)

Selling expense ($215)

General and administrative expense ($205)

Operating income $340 million

Therefore the amount that would appear in that statement for operating income will be $340 million

B. Calculation for the amount that would appear in that statement for non operating income

Interest expense $45

Less Gain on sale of investments $85

Non-operating income $40 million

Therefore the amount that would appear in that statement for nonoperating income will be $40 million

What is a example of good customer service?

Answers

Answer:

Jet blue= thanks frequent customers with small gesturer

Tesla= meet your customers where they r at

The following transactions occurred during July: Received $970 cash for services provided to a customer during July. Received $3,400 cash investment from Bob Johnson, the owner of the business. Received $820 from a customer in partial payment of his account receivable which arose from sales in June. Provided services to a customer on credit, $445. Borrowed $6,700 from the bank by signing a promissory note. Received $1,320 cash from a customer for services to be performed next year. What was the amount of revenue for July

Answers

Answer: $1,415

Explanation:

Going by the Accrual principle in Accounting, the revenue to be recognized has to be for services rendered in the period of interest regardless of it is in cash or on account.

The revenue transactions for the month of July therefore will be for only services rendered in July.

Those include;

Received $970 cash for services provided to a customer during July.Provided services to a customer on credit, $445

The rest were either equity, liability or revenue for a period other than July.

Revenue for July is therefore;

= 970 + 445

= $1,415

why is manufacturing becoming more competitive

Answers

When it comes to competitiveness, what differentiates the top global manufacturers from the rest? Learn the capabilities and attributes that help make top performers stand out—even when the bar continues to rise. NO one has to tell manufacturing company executives that it’s getting tougher to differentiate themselves and compete successfully—they feel the pressure every day. Rapid globalization, technological advancements, changing consumer preferences, and evolving government policies are reshaping the manufacturing industry, exponentially accelerating the pace of competition and continually raising the bar on company performance.

Still, some manufacturers consistently and convincingly outperform their peers (see sidebar “Why study high-performing manufacturers?”). How are they doing this? And what can “the rest” learn from “the best” to improve their own performance? This report provides executives with clear direction on what companies need to do to be high-performing manufacturers—now and in the future. For more than 25 years, we’ve been studying manufacturers to identify what sets apart high-performing companies (defined in the section “About the study”) from their competitors. We found that high performers focus carefully on the development of specific but evolving sets of manufacturing capabilities to differentiate themselves and succeed in the marketplace. These capabilities, when coupled together, are difficult for their competitors to replicate, and when executed well, they create long-term competitive advantage by generating greater customer loyalty, higher market share, and superior profitability.

About the study

As part of Deloitte’s ongoing collaboration with the US Council on Competitiveness on the Global Competitiveness in Manufacturing Initiative, we conducted a global study of manufacturing CEOs in 2010, 2013, and 2016. Together, these three studies received a total of over 1,600 CEO responses.

On a broad list of capabilities, we asked CEOs to rate their companies’ current competitiveness in each capability relative to their closest global rivals, as well as rate how important they thought each capability would be to staying competitive in the future. In order to remove the variations in rating among countries (due to culture), industry subsectors, and company revenue sizes, we normalized the data by country, industry, and size, and calculated current and future index scores for each of the capabilities on a 10–100 scale for both current competitiveness and future importance.

We separated the respondents’ companies into “high performers” and “other companies” (all other companies studied). High performers were identified on the basis of four parameters: the company’s actual profitability, its profitability when compared to its peers, whether the company met or exceeded its profitability goals, and the company’s performance on return on assets.

This classification methodology for selecting high performers showed that 30 percent of the high performers were in the top 10 percent of profitability relative to their primary global industry competitors, and four-fifths (81 percent) of the high performers were in the top third. Among the other companies, only 1 percent were in the top 10 percent of profitability, and only 9 percent were in the top third, relative to their primary global industry competitors. In addition, 25 percent of the high performers were in the top 10 percent on return on assets (ROA) relative to their primary global industry competitors; 74 percent of the high performers had ROAs in the top third. Among the other companies, only 1 percent had ROAs in the top 10 percent and only 5 percent had ROAs in the top third relative to their primary global industry competitors.

To dig deeper into the attributes of high-performing manufacturers, Deloitte collaborated with the US Council on Competitiveness to conduct a global survey of over 500 manufacturing C-suite executives in 2016. This report, which draws on the survey’s results, builds on the 2010 and 2013 editions of this survey and further extends the story of manufacturing competitiveness in the 21st century.

Even for high performers, it isn’t easy to continually excel in the dynamic, hypercompetitive global manufacturing industry. However, this study provides an operating framework to help C-suite executives decide “where to play and how to win.” Becoming a high performer requires a keen focus on acquiring needed capabilities, which not only change with time but also vary based on where a company chooses to play: in which markets, with which customers and consumers, in which channels, and in which product categories and services the company wants to compete. To determine how to win, company leaders should consider which capabilities will enable the organization to create unique value and consistently deliver that value to customers in a way that is distinct from competitors’ offerings


5. Consider the supply chain involved when a customer orders a book from Amazon. Identify the
push/pull boundary and two process each in the push and pull phases.​

Answers

Answer:

1. At pull stage Customers request for books. A pull system by Amazon was made through the use of ingram book group. They support booksellers in supply and demand of book buyers

2. The push strategy is made through the development of several warehouses. Procurement of inventory is done and peoples orders are sent out by utilizing pull strategy.

Processes in pull strategy:

1. Shipping

2. Order fulfilment

Processes in push strategy:

1. Stock replenishment

2. Production

1 Select the correct answer. If a news article contains bias, what should you do.PLS WILL MARK BRAINEIST
A.take it as a fact
B.READ ANOTHER ARTICLE ON THE SAME TOPIC
C.THROW THE ARTICLE AWAY
D.AUTOMATICALLY AGREE WITH THE REPORTER.​

Answers

Answer:

I'm pretty sure the answer is B.

Explanation:

Answer:

here u can mark the other guy brainliest now. You have to have 2 answers on the question to mark brainliest

Explanation:

The Balance Sheets at the end of each of the first two years of operations indicate the following: 2006 2005 Total current assets $600,000 $560,000 Total investments 60,000 40,000 Total property, plant, and equipment 900,000 700,000 Total current liabilities 150,000 80,000 Total long-term liabilities 350,000 250,000 Preferred 9% stock, $100 par 100,000 100,000 Common stock, $10 par 600,000 600,000 Paid-in-Capital in excess of par-common stock 60,000 60,000 Retained earnings 325,000 210,000 If Net Income is $115,000 and interest expense is $30,000 for 2006, what is the return on total assets for 2006 (round percent to one decimal place)

Answers

Answer:

Return on Assets (2006) = 7.60 %

Explanation:

Return on Assets = Earnings Before Interest and Tax  ÷ Total Assets

Therefore,

Return on Assets (2006) = ($115,000 + $30,000) / ( $600,000 + $60,000 +  $900,000) × 100

                                         = $118,000 / $1,560,000 × 100

                                         = 7.60 % (one decimal place)


If your an executive chef of a supermarket, who might report to you? Who might you report to?

Answers

Answer:

Executive chefs will report to the head restaurateur. Sous chefs and line cooks report to executive chefs.

The most recent financial statements for Schenkel Co. are shown here: Income Statement Balance Sheet Sales $ 14,500 Current assets $ 12,000 Debt $ 16,500 Costs 8,400 Fixed assets 29,000 Equity 24,500 Taxable income $ 6,100 Total $ 41,000 Total $ 41,000 Taxes (40%) 2,440 Net income $ 3,660 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. No external equity financing is possible. What is the sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate %

Answers

Answer:

0.1046 or 10.46%

Explanation:

The computation of the sustainable growth rate is shown below:

The Sustainable growth rate of the firm is

= Return on Equity × ( 1 - Dividend Payout Ratio )

where,

Dividend Payout Ratio = 30%

And,

Return on equity is

= Net Income ÷ Shareholder 's equity

= $3660 ÷ $ 24,500

= 0.14938

So,  

Sustainable growth rate is

= 0.14938 × (1 - 30%)

= 0.1046 or 10.46%

Convex Mechanical Supplies produces a product with the following costs as of July 1, 20X1: Material $5 Labor 3 Overhead 2 $10 Beginning inventory at these costs on July 1 was 11,500 units. From July 1 to December 1, Convex produced 26,000 units. These units had a material cost of $7 per unit. The costs for labor and overhead were the same. Convex uses FIFO inventory accounting. a. Assuming that Convex sold 28,000 units during the last six months of the year at $14 each, what would gross profit be?

Answers

Answer:

Gross profit= $79,000

Explanation:

Giving the following information:

July 1, 20X1:

Material $5

Labor 3

Overhead 2

Total= $10

Beginning inventory at these costs on July 1 was 11,500 units.

From July 1 to December 1, Convex produced 26,000 units.

These units had a material cost of $7 per unit.

First, we need to determine the cost of goods sold. Under the FIFO (first-in, first-out) method, the COGS is calculated using the cost of the first units produces.

COGS= 11,500*10 + 16,500*12= $313,000

Now, we can calculate the gross profit:

Gross profit= sales - cogs

Gross profit= 28,000*14 - 313,000

Gross profit= $79,000

Complete the statement with the correct word.
______ is the time noncustodial parents spend with their children.

Answers

Answer:

parenting time or visitation

Explanation:

Answer:

visitation is the correct answer

Explanation:

plato

The president of Nash Company is considering a proposal by the factory manager for the purchase of a machine for $72,500. The useful life would be eight years, with no residual scrap value. The use of the machine will produce a positive annual cash flow of $14,000 a year for eight years. An annuity table shows that the present value of $1 received annually for eight years and discounted at 10% is 5.335. The net present value of the proposal, discounted at 10%, is:___________A. ($3,868).B. $2,190.C. $3,868.D. Zero.

Answers

Answer:

B. $2,190

Explanation:

Calculation for the net present value of the proposal

Using this formula

Net present value=(Annual cash flow×Discounted present value)- Machine purchase amount

Let plug in the formula

Net present value=($14,000 ×5.335)-$72,500

Net present value=$74,690-$72,500

Net present value= $2,190

Therefore the Net present value will be $2,190

A purposeful systematic process for collecting information on the important work related aspects of a job is called job description. TURE OR FALSE

Answers

Answer:

F

Explanation:

How is the change in cash classified on the statement of cash flows?
a. It is found in the investing activities section of the statement.
b. It is found in the operating activities section of the statement.
c. It is found in the financing activities section of the statement.
d. It is the sum of the investing, operating, and financing activities sections.

Answers

Answer:

d. It is the sum of the investing, operating, and financing activities sections.

Explanation:

Change in cash classified on the statement of cash flows is derived by the sum of the Investing cash flow activities + Operating cash flow activities Financing cash flow activities. The balance gotten is known as Net cash flow for the particular period.

Peta Corporation and its subsidiary reported consolidated net income of $320,000 for the year ended December 31, 20X8. Peta owns 80 percent of the common shares of its subsidiary, acquired at book value. Noncontrolling interest was assigned income of $30,000 in the consolidated income statement for 20X8. What is the amount of separate operating income reported by Peta for the year

Answers

Answer: $170,000

Explanation:

Based on the information provided in the question, the amount of separate operating income that will be reported by Peta for the year goes thus:

The total income of subsidiary is calculated as:

= [30000/(100 - 80)] × 100

= (30000/20) × 100

= 1500 × 100

= 150000

Therefore, the operating income of Peta will be:

= Consolidated income - the total Subsidiary income

= $320000 - $150000

= $170000

Suppose you make the decision to volunteer for an event in school for an hour this week. This means that you would have to take an hour off from your summer job, for which you earn $10 per hour. You spend $3 in bus fare in order to get to school and $5 for lunch. If you went to work, you would have been able to walk to your job, and lunch would have been provided to you by the office. The opportunity cost of volunteering is:

Answers

Answer:

$10 what you would have earned at the job

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

When you decide to volunteer, you would not be able to go to work. The opportunity cost of volunteering is what you would have earned if you were at work

Below are the simplified current and projected financial statements for Decker Enterprises. All of Decker's assets are operating assets. All of Decker's current liabilities are operating liabilities.
Income Statement Current Projected
Sales na 1,500
Costs na 1,050
Profit before tax na 450
Taxes na 135
Net income na 315
Dividends na 95
Balance sheets Current Projected Current Projected
Current assets 100 115 Current liabilities 70 81
Net fixed assets 1,200 1,440 Long-term debt 300 360
Common stock 500 500
Retained earnings 430 650
Based on the projections, Decker will have:___________.
a.) a financing deficit of $36
b.) a financing surplus of $36
c.) a financing deficit of $255
d.) zero financing surplus or deficit
e.) a financing surplus of $255

Answers

Answer:

Decker Enterprises

Based on the projections, Decker will have:___________:

b.) a financing surplus of $36

Explanation:

a) Data and Calculations:

Income Statement            Current        Projected

Sales                                     na              1,500

Costs                                    na              1,050

Profit before tax                   na                450

Taxes                                    na                 135

Net income                           na                315

Dividends                              na                95

Balance sheets    Current  Projected                          Current   Projected

Current assets        100        115          Current liabilities 70          81

Net fixed assets   1,200    1,440          Long-term debt 300      360

                                                             Common stock 500      500

                                                        Retained earnings 430      650

Total                    1,300     1,555            Total              1,300     1,591

b) Financing surplus             36

c) Decker Enterprises does not need additional financing, but has excess financing because the Liabilities and Equity are greater than the assets.

Hoover Inc. has current assets of $350,000 and fixed plant assets of $650,000. Current liabilities are $100,000 and long-term liabilities are $250,000. There is $120,000 in preferred stock outstanding and the firm has issued 10,000 shares of common stock. Compute book value (net worth) per share $53.00. $75.00. $65.00. $84.00.

Answers

Answer:

$53.00

Explanation:

The computation of book value is shown below:-

But before that we need to determine the net asset which is

Net asset = Total asset - Total liabiliites

= ($350,000 + $650,000) - ($100,000 - $250,000)

= $1,000,000 - $350,000

= $650,000

Now

Value per share= (Net asset - preference share) ÷ number of common stocks

= ($650,000 - $120,000 ) ÷ 10,000 shares

= $530,000 ÷  10,000

= $53 per share

Imagine you’re an angel investor looking to invest in young companies. What questions would you ask the management team at Project Repat before making a final decision about investing in it?

Answers

1. What is your plan for the future of the company?
2. Where will the money and income go towards to?
3. Is the company’s team well balanced and work good together?

Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $500 and has a unit contribution margin of $200; the Adult model sells for $930 and has a unit contribution margin of $372; and the Recreational model sells for $1,400 and has a unit contribution margin of $560. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $5,680,000, calculate the firm's break-even point in total sales dollars.

Answers

Answer:

$14,200,000

Explanation:

The computation of the firm break even point in total sales dollars is shown below:

Particulars                 Youth              Adult                 Recreational

Sales mix

ratio                             0.25                0.45                  0.30

(5:9:6)

Contribution

margin                     $200                 $372                  $560

Weighted

average CM               50                  167.4                  168

Selling price             $500               $930                  $1,400

Weighted

average sales           125                   418.50               420

Weighted average

sales                                963.50

Weighted average

CM                                  385.40

CM ratio                          40%  (385.40 ÷ 963.50)

Now the break even point in sales dollars is

= Fixed cost ÷ contribution margin ratio

= $5,680,000 ÷ 40%

= $14,200,000

Balance Sheet Current assets Cash 910,000 Acc receivable not given Inventories 1,050,000 Fixed assets 3,710,000 TOTAL ASSETS 7,000,000 Current liabilities Acc payable not given Long-term debt 3,500,000 Common stock 560,000 Retained earnings 2,470,000 TOTAL LIAB and EQUITY 7,000,000 Income Statement Sales 14,000,000 Operating expense 11,200,000 EBIT 2,800,000 Interest expense 490,000 EBT 2,310,000 Taxes 924,000 Net income 1,386,000 What is the firm's quick ratio?

Answers

Answer:

4.77

Explanation:

The formula below is used to calculate quick ratio

Current assets - Inventories / Current liabilities

Account receivables =$1,330,000

Current assets = $3,290,000

Inventories = $1,050,000

Account payable =  $470,000

Current liabilities = $470,000

Therefore,

Quick ratio = ($3,290,000 - $1,050,000) / $470,000

= 4.77

Storm Concert Promotions Valle Home Builders Actual indirect materials costs$12,400 $7,000 Actual indirect labor costs 55,900 46,900 Other overhead costs 16,000 48,900 Overhead applied 91,600 98,300 Storm Concert Promotions Determine whether overhead is overapplied or underapplied. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold. Valle Home Builders Determine whether overhead is overapplied or underapplied. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold.

Answers

Answer and Explanation:

Storm Concert Promotions

The computation of overhead is shown below:-

Factory Overhead-Storm

Indirect materials $12,400           Applied overhead    91,600

Indirect Labor       $55,900

Other overhead

costs                       $16,000

                                                   Overapplied overhead $7,300

The Journal entry is shown below:-

Factory overhead Dr, $ 7,300

     To Cost of goods sold $7,300

(Being cost of goods sold is recorded)

Valle Home Builders

The computation of overhead is shown below:-

Factory Overhead-Value home builders

Indirect materials $7,000           Applied overhead    98,300

Indirect Labor       $46,900

Other overhead

costs                       $48,900

                                                  Overapplied overhead $4,500

Factory overhead Dr, $ 4,500

     To Cost of goods sold $4,500

(Being cost of goods sold is recorded)

Price elasticity of demand is an important tool for managers in in a selling environment in deciding what to put on sale. Assume you are the District Manager of a grocery chain which sells everything like Ralphs or Albertsons. What will you put on sale in your district during the Valentine's Day week

Answers

Answer:

The manager of the grocery chain should put two types of products:

1) products that are staple in Valentine's Day, because they are very likely to be sold in large numers.

2) products that have low price elasticity, or that are relatively inelastic, because these products will be sold in important quantities even if theirprices are moderately increased, bringing more profit to the firm.

Strength and weakness of each open/flexible business organization forms

Answers

Answer:

The overview of the discussion is mentioned throughout the clarification segment elsewhere here.

Explanation:

There have been lesser supervisors because they can improve the efficiency and effectiveness of service, which tends to increase business income. It has a broader spectrum of influence, making it more difficult to track and handle employees. It has a vague direction to pursue, and workers have uncertain responsibilities that find it difficult to attract staff.Employees would have a much wider workplace satisfaction thanks to their educational and welcoming atmosphere.
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