According to the Small Business Administration, a small business is an independent business with fewer than _____ employees
a. 500
b. 100
c. 50
d. 10

The business dimensions to be analyzes by the Marketing Manager and Financial controller includes:

Marketing Manager are those managers that specializes in the development of marketing strategies for their organizations while the Financial controller is a top-hierarchy manager that oversees and controls the firm's day-to-day financial operations.

The main role of the Marketing Manager is to promote the firm's business, product, service etc while the main role of the Financial controller is to records and manages the accounting function.

Read more about business dimensions

brainly.com/question/7144497

#SPJ1

In a monopolistically competitive industry, each firm has some control over the price it sets due to product differentiation.

Stan mentioned that he is earning an economic profit and setting his price equal to his marginal cost. To determine whether he is producing the profit-maximizing amount of coffee, we need to consider a few factors.
1. First, let's understand the relationship between price, marginal cost, and profit maximization. In a competitive market, profit maximization occurs where marginal cost equals marginal revenue. However, in monopolistic competition, firms have some market power, so the profit-maximizing quantity occurs where marginal cost equals marginal revenue, not price.
2. Setting the price equal to marginal cost does not necessarily guarantee profit maximization. If Stan's price is equal to marginal cost, it means that he is covering his variable costs, but it does not take into account his fixed costs. To maximize profit, Stan should set his price above marginal cost, considering both variable and fixed costs.
3. If Stan is currently earning an economic profit, it suggests that he may not be producing the profit-maximizing amount of coffee. In monopolistic competition, firms tend to have excess capacity, meaning they produce less than the quantity that would minimize average total cost. By increasing his output, Stan may be able to reduce his costs and increase his profit.

Considering these factors, here are a few suggestions for Stan:
- Conduct a cost analysis: Stan should evaluate his fixed and variable costs to understand the full picture of his expenses. By knowing his costs, he can set a more informed price and determine the profit-maximizing quantity.
- Consider demand elasticity: Stan should also assess the price elasticity of demand for his coffee. If demand is relatively elastic, a small price increase may result in a significant decrease in quantity demanded, potentially reducing his profits. On the other hand, if demand is inelastic, Stan may be able to increase his price without a significant drop in sales.
- Experiment with pricing: Stan could consider experimenting with different prices to find the optimal point that maximizes his profit. By monitoring customer response to different prices, he can identify the price that generates the most revenue while covering his costs.

By taking these steps and considering the unique characteristics of monopolistic competition, Stan can better position his coffee shop for long-term success and profitability.

For more such questions on monopolistically competitive industry

https://brainly.com/question/25717627

#SPJ8

If the united states wants to open its trade borders to the world market for coffee, the following factors will determine whether the world price for coffee is affected

A good or service's "world price" is the cost in any nation other than one's own. It has an impact on global trade, and typically, nations import goods where local prices are higher than global prices and export goods where local prices are lower than global prices.

The sum of money supplied or established as payment in exchange for the sale of a specific item. B: the quantity of one product sought in a barter or sale in return for another. 2: the price paid to gain something. a cost for a product or service in all nations besides one's own. International trade is influenced by market prices.

Read more on world price here:https://brainly.com/question/15584616

#SPJ1

Answer:

The inference is that it is important for Remark University to embark in supporting the SER programme in order to offer economic freedom.

An inference simply means the conclusion that can be deduced based on the information given in a story.

In this case, the inference is that it is important for Remark University to embark in supporting the SER programme in order to offer economic freedom.

Learn more about inference on:

https://brainly.com/question/25280941

#SPJ1

Answer:

Emma is not exhibiting transformational leadership style

Explanation:

As per the scenario mentioned in the question, it is noted that Emma is not exhibiting transformational leadership style instead this is an example of transactional leadership style.

In order to exhibit transformational leadership, Emma will need to motivate and encourage her employees to accomplish and adapt to change that help grow and achieve future success of the organisation. This can be done by setting an example at her level through developing a strong sense of corporate culture, independence and employee ownership in the workplace.

Another behaviour she could exhibit is by avoiding micromanagement. Instead she should train her employees to make decision on their own and take responsibility of their work. This way employees will have space to think creatively and will work to find solutions to the problems faced by them in their workplace.

The amount of the after-tax salvage value of the equipment is $31,850. Option B

To determine the after-tax salvage value of the equipment, we need to calculate the salvage value at the end of the project and then apply the tax rate.

Therefore, the salvage value is:

Salvage Value = 5% of $980,000

             = 0.05 * $980,000

             = $49,000

The tax rate is given as 35 percent, so we can calculate the after-tax salvage value as:

After-Tax Salvage Value = Salvage Value - Tax on Gain

                       = $49,000 - (Tax Rate * Gain)

                       = $49,000 - (0.35 * $49,000)

                       = $49,000 - $17,150

                       = $31,850

Therefore, the amount of the after-tax salvage value of the equipment is $31,850.

Learn more about salvage value at https://brainly.com/question/31441389

#SPJ1

Answer: c

Explanation:

To keep people trusting in the decision-making process, there must be the illusion of impartiality. When there is a conflict of interest, you shouldn't participate in the decision-making process.

Emotional processes influence moral judgement by giving moral decision-making scenarios an affective value, which helps to define what behaviours are acceptable and unacceptable (Haidt, 2001).

It is a basic justice principle. Giving equal and/or sufficient regard to the interests of all parties involved is necessary according to the impartiality moral theory. It is predicated on the idea that everyone is, usually speaking, equally significant and that no one is viewed as having more intrinsic value than another.

To know more about decision-making process visit :-

https://brainly.com/question/19901674

#SPJ1

Real interest rate ex post: 3%, Sudden wealth transfer occurs between lenders and borrowers. About 2 percent or a little less is considered an acceptable inflation rate.

In the simplest words possible, interest is the expense associated with borrowing cash. It's the portion of a credit card or loan amount you have to pay back to your lender. Yet, interest may additionally be paid to you; prominent ways to do so include certificates of deposit and savings accounts.

A most obvious case of this coordination among the two groups is when lenders are obligated to pay curiosity in order to raise capital more cash to increase their current spending.

To know more about interest visit:

https://brainly.com/question/27584159

#SPJ4

Umm Chile... anyway so

The aforementioned examples are goods that are likely to be complements You would expect the value of the cross price elasticity to be because the opportunity cost of getting information on price is low.

Elasticity is an important concept in economics that measures the responsiveness of the quantity demanded or supplied of a product to changes in its price, income, or other factors.

The cross-price elasticity of demand measures the percentage change in the quantity demanded of one product due to a percentage change in the price of another product. It is calculated as follows:

Cross-price elasticity of demand = (% change in quantity demanded of product A) / (% change in price of product B)

However, in the scenario presented in the problem, where different brands of aspirin, tomato sauce, or gasoline are priced the same as each other, we would expect the cross-price elasticity to be small or insignificant.

Therefore, the opportunity cost of searching for a better price is low, and consumers are less responsive to changes in the price of one product compared to another.

To know more about elasticity here.

https://brainly.com/question/28790459

#SPJ4

A person who requests for a loan and has a low credit score will be subjected to higher interest rates from banks. As a result, choice (B) is accurate.

Between 300 and 550 is regarded as a low credit score. You must make significant efforts to raise your credit score if it is in this area. You will not be qualified to apply for a loan or a credit card if you have a low credit score.

Whether it's a car loan, mortgage, or credit card account, borrowing can be more difficult if you have a poor score interest rates. And even if you are approved, your high risk of default means that you will probably have to pay higher interest rates.

Learn more about low credit score, from :

brainly.com/question/21762712

#SPJ1

Answer:

b) A central bank is expected to achieve a 3% annual inflation rate

Explanation:

Inflation targeting is a type of monetary policy where the central bank of a country sets an inflation rate as its goal or target.

Ben's selling price on the pair of shoes if he wants to make a profit of 20% is  $21.60.

Profit is earned when the difference between the cost price and the selling price of a good or service is positive.

Profit = selling price - cost price

Selling price = cost price + (100% + percentage profit)

$18 + (100% + 20%)

$18 + 120%

$18 x 1.20 = $21.60

To learn more about profit, please check: https://brainly.com/question/26181966

#SPJ1

Answer:$21.60

Explanation:

Answer:

I have a strong feeling it has to be credit

Answer:

Form 1040x

Explanation:

The way appreciation of a currency will affect the Balance of payment Account  because it can bring about a affordable imports of goods.

Appreciation of a currency can be described as the act whereby the value of a particular currency is been increased with repect to the value of another currency.

It shopuld be noted that when the currency appreciate then the way the country will export their goods will change because the currency of the value the county will be strong and this make their economy to be good.

Learn more about currency at:

https://brainly.com/question/22366324

#SPJ1

Answer:

false. answer need to be 20 characters long so ths is just to fill in space.

Explanation:

.

False,

Explanation:

Referring to the concept of management, where there has to be

It means each marketing tactic needs a timeline for planning them until evaluation. Each marketing action also needs a budget; even a tiny social media campaign requires a budget.

I hope it helps!

A favorable environment for producing a certain type of good gives a company a comparative advantage in producing that good.

The ability of an economy to produce a specific good or service at a lower opportunity cost than its trading partners is referred to as comparative advantage. The concept of comparative advantage is used to explain why companies, countries, or individuals benefit from trade.

A variety of factors influence comparative advantage. A comparative advantage allows a company to lower its finished product prices, potentially leading to more sales. Before designing and manufacturing products, a company should determine which ones have a comparative advantage.

Therefore, companies value favorable environment as an comparative advantage in their business decisions.

To learn more about comparative advantage, click here:

https://brainly.com/question/1322182

#SPJ1

Answer:

                 Journal entries for October 2019

Date    Accounts Titles and Explanation    Debit      Credit

Oct 1    Rent expense                                      $3,600

              Cash                                                               $3,600

            (To record entry for payment of rent for month)

Oct 3    Advertising expenses                        $1,200

                 Cash                                                              $1,200

            (To record entry for Advertising expenses)  

Oct 5     Supplies                                                $750

                    Cash                                                             $1750  

            (To record entry for purchase of supplies)  

Oct 6     Office equipment                                  $8,000

                     Accounts Payable                                        $8,000

             (To record purchase of office equipment on account)

Oct 10     Cash                                                      $14,800

                    Accounts Receivable                                     $14,800

              (To record cash received from customers on account)

Oct 15    Accounts payable                                    $7,110

                    Cash                                                                 $7,110

             (To record payment made to creditors)

Oct 27   Miscellaneous expenses                         $400

                   Cash                                                                 $400

          (To record repair expense of office equipment)

Oct 30    Telephone expense                                $250

                    Cash                                                                $250

            (To record payment made for telephone bill)

Oct 31      Accounts receivables                              $33,100

                      Service fees                                                    $33,100

             (To record fees earned)

Oct 31     Utility expense                                          $1,050

                    Cash                                                                  $1,050  

            (To record payment made for electricity bill)

Oct 31     Personal use                                             $2,500

                    Cash                                                                   $2,500

              (To record payment of dividend)

The Journal Entries are mentioned below.

A journal entry is the first step—and an essential function—of the accounting process. They are the record of monetary transaction of a business.

                Journal  Entries in the books of Concrete Consulting Co.

                                             for October 2019

Date    Accounts Titles and Explanation                           Debit      Credit

Oct 1    Rent expense  A/c                       Dr.                       $3,600

                           To Cash A/c                                                             $3,600

         (Being rent paid)

Oct 3    Advertising expenses A/c         Dr                          $1,200

                     To Cash A/c                                                                     $1,200

          (Being Advertising expenses paid)  

Oct 5     Supplies A/c                               Dr                            $750

                   To Cash A/c                                                                        $750  

          (Being payment for purchase of supplies)  

Oct 6     Office equipment A/c                 Dr                       $8,000

                    To Accounts Payable A/c                                             $8,000

            (Being office equipment purchased)

Oct 10     Cash A/c                                      Dr                    $14,800

                        To  Accounts Receivable A/c                                  $14,800

             (Being cash received from customers)

Oct 15    Accounts payable A/c                  Dr                    $7,110

                         To Cash A/c                                                                $7,110

            (Being payment made to creditors)

Oct 27   Miscellaneous expenses A/c        Dr                   $400

                          To Cash A/c                                                               $400

         (Being expense made for repair of office equipment)

Oct 30    Telephone expense   A/c             Dr                    $250

                          To Cash A/c                                                               $250

           (Being payment made for telephone bill)

Oct 31      Accounts receivables A/c          Dr                  $33,100

                          To Service fees A/c                                                 $33,100

            (Being fees earned)

Oct 31     Utility expense A/c                     Dr                    $1,050

                           To Cash A/c                                                             $1,050  

           (Being electricity bill paid)

Oct 31     Personal use A/c                        Dr                     $2,500

                           To Cash A/c                                                           $2,500

             (Being cash withdrawn for personal use)

Therefore the above Journal  Entries captures all the transactions.

Learn more about Journal  Entries here:

https://brainly.com/question/20421012

Answer:c

Explanation:

The price changed in this market will be mathematically given as

P=93

P = 123 - 3Q

Generally, the equation for the statement is  mathematically given as

P = 123 - 3Q

Therefore

\(\frac{d \pi}{ d \Q1}\)=123-6Q1-30Q2-3=0

Where

Q1=120-3Q2/6

Hence

Q1=120-3(120-3Q1/6)/6

Q1=13.333

In conclusion,

P = 123 - 3(2*13.333)

P=93

Read more about the price

https://brainly.com/question/19091385

#SPJ1

Answer:

I think the answer is D.

Answer:

D. Equity must be greater than the difference between assets and liabilities for the analysis of a business transaction to be done correctly.

Explanation:

Answer:

1.Bill > Pay Bills

2.Create Purchase Order

Explanation:

Vendors plays a very important role in any industry or in organization. Sometimes they are also known as the suppliers. They supplies or provides few raw materials or few components to the client company which in an integral or a very important part or component of the company's product that they manufacture.

And there is an agreement between the client company and the vendor about the payment systems. The client company releases a purchase order for the order of the parts that they are going to buy from the vendor and places the order.  The vendor after receiving the PO or the purchase order sends the ordered parts or items to the client company with an invoice showing the details of costing of the items. After that the client company pays the bill to the vendor company.

Giving presentations is a skill that is useful in almost every profession. For young people traveling overseas, making presentations can be a daunting task.

Therefore, while addressing a group of young people who will be traveling overseas and who will need to give short presentations to people in the countries where they are going, the following advice can be helpful:

Be Prepared: It is important to be well-prepared before making a presentation. Therefore, one should always carry an extra copy of the presentation and practice it before presenting it to an audience. Additionally, one should ensure that all the equipment required for the presentation, such as projectors and laptops, are in good working condition. One should also make sure that the internet connection is working well to avoid any technical hitches that may interrupt the presentation.

Research the Culture: The young people traveling overseas should do their research on the countries they will be visiting, and their cultures. They should be aware of the cultural practices of the people they will be presenting to so that they can adapt their presentation to suit the audience's culture. For instance, if presenting to a culture that values eye contact, then one should maintain eye contact while speaking during the presentation.

Dress Code: It is important to be mindful of the dress code when making a presentation in a foreign country. Young people traveling overseas should find out about the dress code in the country they will be visiting, and they should dress appropriately. Wearing the appropriate clothing sends a message that one has respect for the culture and traditions of the country they are visiting. Therefore, one should avoid wearing clothing that may be considered offensive or inappropriate.

Flexibility: Young people traveling overseas should be flexible with their presentations. They should be prepared to adjust their presentations depending on the audience's response. If the audience does not respond well to a particular point in the presentation, then one should be prepared to move on to the next point or adjust the presentation accordingly. Being flexible during a presentation shows that one is sensitive to the needs of the audience and is willing to adapt to meet their needs.

In conclusion, making presentations in a foreign country can be challenging. However, with proper preparation and research, young people traveling overseas can make successful presentations.

Know more about Presentations here:

https://brainly.com/question/31074340

#SPJ8