According to recent research, approximately 50% of new small firms survive for five or more years.
In the context of small businesses, firms typically refer to organizations that are independently owned and operated, with a relatively smaller workforce and lesser revenue than larger corporations. These small firms play a crucial role in stimulating economic growth, creating employment opportunities, and fostering innovation.
However, small firms also face numerous challenges, such as limited financial resources, increased competition, and difficulties in marketing and managing operations. As a result, their survival rate can be lower than that of larger, more established companies.
To improve the likelihood of success for these small firms, entrepreneurs can adopt various strategies, including:
1. Developing a solid business plan: This helps to outline the goals, target market, and resources needed for the venture.
2. Implementing effective marketing strategies: This can involve utilizing social media, online advertising, and networking to reach potential customers.
3. Ensuring financial management: Proper budgeting, cash flow management, and securing funding can help small firms stay afloat in the long run.
4. Adapting to market changes: Staying flexible and adapting to evolving industry trends can help small firms remain competitive.
5. Focusing on customer satisfaction: Providing exceptional customer service and listening to feedback can help improve and grow the business.
In conclusion, while the survival rate of new small firms for five or more years is approximately 50%, adopting these strategies can help improve their chances of success.
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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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Which conditions contribute to engine deposits ?
Answer: oxidation
combustion byproduct
road dust and dirt
moisture and acid.
Explanation:
One of the main cause of engine deposit is when one drives in areas whereby there are usually high temperature. In such scenarios, the excessive heat can lead to breakdown in the oil which results into engine deposits.
Other causes of engine deposit are oxidation, dust and dirts, the byproducts gotten from combustion etc.
20. Analyzing market research is usually done by identifying________ making comparisons and developing________
Answer:
Define your research objective. The first step in the market research process
Explanation:
is to define your research objectives. ...
Develop your research questions. ...
Gather your research. ...
Interpret your findings. ...
Draw conclusions and make decisions.
PLEASE HELP in 2 to 3 sentences, explain the role of prices in a market and include distrbution, producers, and consumers
Price is the biggest and most important direct determinant in a market for aspects like distribution, producers, and the consumers in the market at large.
What is the significance of price?Price of a product, in an economy, can be referred to or considered as the rate at which a particular quantity of such product is demanded and supplied in the market in which such price prevails.
Higher price attracts producers and distributors, while lower price of a product in a market will attract a larger number of customers to buy such product.
Therefore, the significance regarding price has been aforementioned.
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The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks: Week Of August 31 September 7 Pints Used 360 389 September 14 408 September 21 378 September 28 368 October 5 374 a) The forecasted demand for the week of October 12 using a 3-week moving average 373.33 pints (round your response to two decimal places) b) Using a 3-week weighted moving average, with weights of 0.15, 0.25, and 0.60, using 0.60 for the most recent week, the forecasted demand for the week of October 12= 373.10 pints (round your response to two decimal places and remember to use the weights in appropriate order the largest weight applies to most recent period and smallest weight applies to oldest period.) c) If the forecasted demand for the week of August 31 is 360 and a week of October 12 (round your responses to two decimal places) 0.30, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the Week Of Pints Used Forecast for this Date 360 360 August 31 September 7 389 360.00 September 14 408 368.70 September 21 378
The given table represents the number of pints of type A blood used at Damascus Hospital in the past 6 weeks:Week Of August 31 September 7 Pints Used 360 389 September 14 408 September 21 378 September 28 368 October 5 374.
Using a 3-week moving average, the forecasted demand for the week of October 12 would be the average of pints used in the most recent three weeks (September 21, September 28, and October 5), which can be computed as: Forecast for the week of October 12 = (378 + 368 + 374)/3 = 373.33 pints.Using a 3-week weighted moving average, with weights of 0.15, 0.25, and 0.60, using 0.60 for the most recent week, the forecasted demand for the week of October 12 is given by:
Forecast for the week of October 12 = 0.15(378) + 0.25(368) + 0.60(374) = 373.10 pints .If the forecasted demand for the week of August 31 is 360 and a week of October 12 0.30, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the Week Of Pints Used Forecast for this Date 360 360 August 31 September 7 389 360.00 September 14 408 368.70 September 21 378 372.80 September 28 368 373.16 October 5 374 372.91 October 12
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THREE government regulations that guides the establishment and operation of a business.
Do you believe that his message on that aspect of life is sound, biblically speaking? Explain. Your answer should reflect careful thinking.
Answer:
Shakespeare's message on that aspect of life is sound biblically speaking.
Explanation:
Because the way he mad Hamlet become over the story gives you a perspective on how events and change can form a person, and make them become something that they never were before.
If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
According to public choice economists, the federal government has expanded because
A. the federal government is efficient in its spending.
B. deficit spending has reduced the perceived cost of current government operations.
C. taxpayers pay the full cost of current government operations.
D. the public likes to pay higher taxes to finance more programs.
Economists believe that the federal government has expanded because B. deficit spending has reduced the perceived cost of current government operations.
What do economists think of the federal expenditure?They believe that because the government can finance more expenditure with debt, they have engaged in more expenses than they can actually afford.
This means that the government no longer views the cost of government operations as high because they can engage in deficit spending.
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Consider the following information.
What is the estimate of ending inventory using the dollar-value LIFO retail method?
Beginning inventory at retail (base year)$120,000Ending inventory at retail$168,000Beginning cost-to-retail percentage40%Current-year cost-to-retail percentage45%Retail price index for the year1.12
To find the estimate of ending inventory using the dollar-value LIFO retail method, first we have to calculate the cost index.
Cost index = Current year cost-to-retail percentage / Base year
cost-to-retail percentage= 45% / 40%= 1.125
The LIFO retail price index for the year is Retail price index for the year / Cost index
= 1.12 / 1.125= 0.9956
The ending inventory at cost is: $120,000 × 0.40 = $48,000
The ending inventory at cost = $48,000 × 0.9956= $47,743.97
Therefore, the estimated cost of ending inventory using the dollar-value LIFO retail method is $47,743.97.
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Cain Inc. reports a net income of $15,000. Its comparative balance sheet shows the following changes: accounts receivable increased by $6,000; inventory decreased by $8,000; prepaid insurance decreased by $1,000: accounts payable increased by $3,000, and taxes payable decreased by $2,000.
Compute cash flows from operations using the indirect method.
The cash flows from operations using the indirect method is $19,000.
To compute cash flows from operations using the indirect method, we start with the net income and make adjustments for changes in non-cash current assets and liabilities.
Net Income: $15,000
Adjustments for Changes in Non-Cash Current Assets:
Increase in accounts receivable: -$6,000
Decrease in inventory: +$8,000
Decrease in prepaid insurance: +$1,000
Adjustments for Changes in Current Liabilities:
Increase in accounts payable: +$3,000
Decrease in taxes payable: +$2,000
Cash flows from operations can be calculated as follows:
Net Income
Decrease in accounts receivable
Increase in inventory
Increase in prepaid insurance
Increase in accounts payable
Decrease in taxes payable
$15,000 - $6,000 + $8,000 + $1,000 + $3,000 - $2,000 = $19,000
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how to calculate inflation rate
Inflation rate can be calculated using the following formula:
(Price level of current period - Price level of previous period) / Price level of previous period x 100
This formula gives the inflation rate as a percentage change.
For example, if the price level of a basket of goods and services was 100 in the previous period and 110 in the current period, the inflation rate would be:
(110 - 100) / 100 x 100 = 10%
This means that prices have increased by 10% over the period being considered.
Inflation rate is a measure of the change in the general level of prices of goods and services in an economy over a period of time. It is typically measured as the percentage change in a price index, such as the Consumer Price Index (CPI) or the Producer Price Index (PPI), over a specific period, usually a year.
A positive inflation rate indicates that prices are rising, while a negative inflation rate indicates that prices are falling. A rate of zero percent indicates that prices are not changing., such as the Consumer Price Index (CPI) or the Producer Price Index (PPI), over a specific period, usually a year.
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please help me answer these questions
Answer: See explanation
Explanation:
1. Inelastic demand occurs when a change in price doesn't really have an effect on the quantity of the goods demanded. Examples of products with inelastic demand are salt and prescription drugs.
2. Elasticity for demand helps in the determination of the prices of factors of production. It is also vital in knowing how price changes will affect the revenue of the firm.
3. Normal goods are the goods that when income increases, the demand for them increases as well e.g. household appliances
For inferior goods, when Income increases, their quantity demand reduces. These are common with extremely cheap products.
why does saturn have the coldest surface temp?
Answer:
distance from the Sun
Explanation:
because of Saturn's tilt, the southern and northern hemispheres are heated differently, causing seasonal temperature variation.
7. Marianne Gorman had been an assembler for 33 years when she became permanently
disabled. Marianne was 54 years old and had planned to retire in 11 years. Her final average
salary was $41,905. The rate of benefits of the plant is 2.5%. What is her monthly disability
benefit?
The monthly disability benefit is given as $87.30.
How to solve for the disability benefitTo calculate Marianne's monthly disability benefit, we need to find the average of her highest consecutive 60 months of earnings, and then multiply that amount by the benefit rate of 2.5%.
Let's assume that her highest consecutive 60 months of earnings was equal to her final average salary of $41,905.
The monthly average of her earnings would be:
$41,905 ÷ 12 = $3,492.08
And her monthly disability benefit would be:
$3,492.08 × 2.5% = $87.30
So, Marianne's monthly disability benefit would be $87.30.
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Tracking a website you visit and compiling information could be an example of _____.
Answer:
ISP
Explanation:
Internet Service Providers (ISPs) can see everything you do online. They can track things like which websites you visit, how long you spend on them, the content you watch, the device you're using, and your geographic location.
Which individual spurred freud’s interest in the unconscious mind?.
The individual who spurred Freud to become interested in the unconscious mind was Anna O.
Who was Anna O?Anna O. was a patient of Dr. Josef Breuer who had physical symptoms of some condition which had no physical cause.
Dr. Breuer was a colleague of Freud and so he met Anna O.. He got interested in the case when Dr. Breuer was able to use memories to help Anna O.
In conclusion, this was Anna O.
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Form a stem-and-leaf display for the following: 11, 15, 60, 52, 47,
49, 35, 30, 26, 19, 59, 20
In a stem-and-leaf display, the stem represents the tens digit of the numbers, while the leaves represent the ones digit. Each number is split into its stem and leaf components. For example, the number 11 has a stem of 1 and a leaf of 1. Similarly, the number 15 has a stem of 1 and a leaf of 5.
The stem-and-leaf display for the given dataset is as follows:
1 | 1 5 9
2 | 0 6
3 | 0 5 5
4 | 7 9
5 | 2 9
6 | 0
In the stem-and-leaf display above, the stems are listed in ascending order from 1 to 6. The leaves associated with each stem are listed next to it. The numbers with the same stem are grouped together. For instance, the stem 1 has leaves 1, 5, and 9. The stem 2 has leaves 0 and 6, and so on.
This type of display allows us to easily see the distribution of the data and identify any patterns or outliers. In this case, we can observe that the majority of the numbers fall within the range of 10 to 50, with a few outliers at 60 and 26. The stem-and-leaf display provides a clear visual representation of the data set.
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a(n) in the elasticity of supply or demand in a market for a good that is taxed would tend to deadweight loss from that tax.
The higher the demand and delivery elasticity, the greater can be the reduction in demand and delivery due to tax imposition. consequently, lesser may be the tax sales generated. And thus, when there's a boom in the elasticity of delivery and demand, then tax revenue will decline.
The greater the elasticities of demand and supply, the extra the deadweight loss of a tax. on account that elasticity measures the reaction of the amount to an alternative in fee, the higher elasticity way the tax induces a greater discount in amount, consequently an extra distortion to the marketplace.
The quantity of the deadweight loss varies with both demand elasticity and supply elasticity. while either call for or supply is inelastic, then the deadweight loss of taxation is smaller, because the quantity offered or offered varies less with the fee.
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What’s the goal of production control agricultural development programs? A. Increase investment in agriculture
B. Decrease investment in agriculture
C. Reduce crop surpluses
D. Increase crop surpluses
When a country that imports a particular good imposes an import quota on that good,
A. consumer surplus increases and total surplus increases in the market for that good.
B. consumer surplus increases and total surplus decreases in the market for that good.
C. consumer surplus decreases and total surplus decreases in the market for that good.
D. consumer surplus decreases and total surplus increases in the market for that good.
When a country that imports a particular good imposes an import quota on that good, then, the consumer surplus decreases and total surplus decreases in the market for that good. The Option D is correct.
What is an import quota?In economics, an import quota means a kind of trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time. Quotas, jut like other trade restrictions are typically used to benefit the producers of a good in that economy (protectionism).
In most economies, the main objective of an import quota to protect the domestic market from foreign goods by limiting importing goods from the overseas market.
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3. The owner of a specialty delicatessen buys baskets, decorates and fills them with food items, and
sells them as one of the products in the shop. The entrepreneur sells an average of 130 baskets a
month The basket supplier charges $0.50 per basket. The entrepreneur would like to reduce his
variable costs and has found a basket supplier who will charge only $0.40 per basket. How much
will the delicatessen owner save in a year by changing suppliers?
Answer:
$156
Explanation:
he old price per basket is $0.50 per basket
the new supplier has a price of $0.40 per basket
Savings per basket is $0.10 ($.50- $0.40)
The average sales per month are 130 baskets.
The average savings per months will be
=$0.10 x 130
=$13
yearly savings will be
=$13 x 12 months
=$156
Is a business plan a one time fee?
Answer:
i think so :)
Explanation:
a change that is made in response to arising problems or opportunities is called __________.
Giving brainliest!!
Explain which method of production is the most likely to be capital intensive?
Answer:
Explanation:
Capital-intensive processes are those that require a relatively high level of capital investment compared to the labor cost. These processes are more likely to be highly automated and to be used to produce on a large scale. An industry that is capital intensive is – oil refining, manufacturing.
Cameron's job is to look over the every department in the company to
make sure the company is running effectively. What is Cameron's career?
Chief Financial Officer
O Chief Executive Officer
Chief Execution Officer
O Chief Focal Officer
Answer:
O Chief Executive Officer
Explanation:
The chief executive officer, commonly abbreviated as CEO, is the most senior officer in a company or an organization. The CEO is responsible for creating and implementing the organization's strategic goals. He or she plans, incorporates, and steers all business units and departments in the desired direction.
The CEO is responsible for the overall prosperity of the company. He or she is tasked with making top-level managerial decisions on behalf of the organization.
Question 1: [15 Marks Apply Normalization Rules to convert the following report to Third Normal Form (3NF) Important Assumptions: The attribute Sales Order Number uniquely identifies the Sales Order
Without the provided report or information, it is not possible to apply normalization rules and convert it to the Third Normal Form (3NF).
The normalization process involves applying a set of rules to eliminate data redundancy and ensure data integrity in a relational database. To convert a report to the Third Normal Form (3NF), we need the original report or information containing the attributes, relationships, and dependencies within the data. Without this information, it is not possible to analyze and apply the normalization rules effectively. Each attribute must be identified, and the relationships and dependencies between them must be understood to determine the appropriate normalization steps. Therefore, without the report or relevant data, we cannot proceed with the normalization process or provide a specific conversion to 3NF.
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Emperor Co. has issued 10,000 samurai bond with a 5.5% annual coupon rate, 25 years to maturity, a $1,000 face value, and a $1,250 market price. The management has also decided to issue stocks in their capital structure decision, whereby: 150,000 shares of preferred stock with $2.5 annual dividend. The preferred stock's price is $33/share. 555,000 shares of ordinary stock with price of $28 per share. The beta for emperor stock is 1.3. Assuming the Treasury bill-rate of 2.75%, and the S&P500 market return is 9.75%, while the tax rate is 25%. Calculate the following variables: a. Find the market capitalization of samurai bond. b. Find the cost of debt for samurai bond. c. Find the market pitalization of prefe d. stock Find the cost of preferred stock! (1 mark) Find the market capitalization of ordinary stook
a) Calculation of Market Capitalization of Samurai Bond:
Market Capitalization of Samurai Bond = No. of Bonds Issued * Face Value of Bond * Market Price of Bond
Market Capitalization of Samurai Bond = 10,000 * $1,000 * $1,250
Market Capitalization of Samurai Bond = $12,500,000
b) Calculation of Cost of Debt for Samurai Bond:
Cost of Debt = (Annual Coupon Payment * (1 - Tax Rate)) / Market Price of Bond
Cost of Debt = (5.5% * $1,000 * (1 - 25%)) / $1,250
Cost of Debt = 3.281%
c) Calculation of Market Capitalization of Preferred Stock:
Market Capitalization of Preferred Stock = No. of Shares * Price per Share
Market Capitalization of Preferred Stock = 150,000 * $33
Market Capitalization of Preferred Stock = $4,950,000
d) Calculation of Cost of Preferred Stock:
Cost of Preferred Stock = Annual Dividend Payment / Price per Share
Cost of Preferred Stock = $2.5 / $33
Cost of Preferred Stock = 7.5758%
e) Calculation of Market Capitalization of Ordinary Stock:
Market Capitalization of Ordinary Stock = No. of Shares * Price per Share
Market Capitalization of Ordinary Stock = 555,000 * $28
Market Capitalization of Ordinary Stock = $15,540,000
In summary, the market capitalization of the Samurai Bond is $12,500,000, the cost of debt for the Samurai Bond is 3.281%, the market capitalization of the preferred stock is $4,950,000, the cost of preferred stock is 7.5758%, and the market capitalization of the ordinary stock is $15,540,000.
Note: Please double-check the provided formulas and values to ensure accuracy in your calculations.
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which of the following is a disadvantage of being a first-mover in the market? a. large outlays associated with creating a new product b. inability to accurately predict performance standards c. the chances that products will be protected by patents d. high switching costs consumers may experience e. costs of marketing plan implementation
The one that is a disadvantage of being a first-mover in the market is option A. large outlays associated with creating a new product
Who is a first-mover in the market?A first-mover in the market is a company that is the first to introduce a new product, service, or technology to the market. They often have the advantage of being the first to establish a customer base, create brand recognition, and gain market share.
Therefore, the correct answer is as given above. It could be concluded that a disadvantage of being a first-mover in the market is large outlays associated with creating a new product
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1 Which one of the following is not Which one of the key roles / purposes of marketing within
business?
A To identify potential customer groups
B To inform customers about the business's product or service
C To prepare cash flow forecasts
D To understand customers and their needs
Your answer
i