If you plan to open a business, what do you need to consider when compiling your costs?

Q: What are production fixed assets

A: In economics, production refers to the process in which a firm or an individual uses some resources…

Q: Adding a production line or more products to the company represents . .? * development strategy…

A: Diversification strategy: It is the strategy that helps the organization or business to generate…

Q: Entrepreneurship is about high profit and high risk, Explain how

A: Entrepreneurship: - entrepreneurship is that factor of production that combines the other three…

Q: What are the main characteristics of fast-growing companies.

A: Company: The company is an artificial person that comes into the existence after its registration.…

Q: explains why business should be ethical and why not all businesses are ethical.

A: Business Ethics:  By definition, business ethics allude to the norms for ethically good and bad…

Q: What characteristics, skills and aptitude are essential in the 21st Century to be a successful…

A: Entrepreneur: The person who starts up or set a business by taking the financial risk to earn a…

Q: A man is considering investing P500.000 open a semi.

A: Click to see the answer

Q: In your opinion, who should be the owner of the product created in manufacturing process?

A: The whole process of manufacturing is long, starting from the basic design of the product, which…

Q: What  is the biggest mistake when starting up a new business and why?

A: The firms and businesses are the entities which are involved in the production of goods and…

Q: What is Company in terms of business?

A: A company is a legal institution established by group of independent people to captivate in and…

Q: What are the different types of costs?

A: Cost is the amount that has to spend for obtaining something. There are different types of costs;…

Q: What makes being an entrepreneur different from other profession?

A: Entrepreneurship is the term used to describe the process of starting a firm. Entrepreneurs are…

Q: if you had to choose to be either an entrepreneur, an intrapreneur, or an employee right now, which…

A: An entrepreneur is a person who starts a business by taking risks in hoping to return of profit.

Q: How can a small local business enterprise compete against a global corporation?

A: Small businesses can compete successfully with global competition by carving out a niche and…

Q: Which of these managers have the sole responsibility of managing the whole company? a. Top b. Middle…

A: Levels of management: It is the line of division existing between various managerial positions in…

Q: Entrepreneurship is about high risk and high profit,explain how?

A: An entrepreneur is a person who establishes a new business and takes on most of the risks whereas…

Q: write thesis about innovation in business

A: Business innovation occurs when a firm adopts new services, processes, or products to bring some…

Q: Mr. Nasser and Ms. Abeer decided to buy a washing machine from Lulu Hyper Market in Salalah. If you…

A: Follow-up is one of the most crucial parts after the sale of the good.

Q: As a student in social entrepreneurs dealing with community people, what habits and traits you must…

A: Social entrepreneurship is an attempt through which an individual, organization, groups, fund and…

Q: You are to the one to come up with the strategies , policies and regulations for your organization .…

A: Policies and regulations of organisations are the key role for the organisation which shape the size…

Q: involved in supporting investments in new technology?

A: Technology: It refers to the particular type of inventions or machines which can help in reducing…

Q: How is the acquisition of fixed assets an important activity for a business organization?

A: Fixed assets are the assets that are purchased by a firm for long-term use and the fixed assets…

Q: What are the contribution that an Entrepreneur gives to the society?

A: Firms use various factors of production to be able to produce goods and services for sale. These…

Q: When putting up a franchise business, why it is better to buy the building?

A: A franchise is a venture between the giver and the taker. In this form of agreement the franchisor…

Q: What are the importance of awards and quality certifications in business organizations?

A: Awards and quality certifications increase the brand of the business organization. For the…

Q: Most manufacturing companies divide manufacturing costs into which three broad categories?

A: Manufacturing cost can be defined as the sum total of all the cost of resources which are used in…

Q: economic profits.

A: 1. please find the graph below with labels showing The profit-maximizing output and price, labeled…

Q: . Give an idea of the main costs involved in starting this business; minimum amount of resources…

A: An individual's level of impairment in a particular area relevant to each service is used to…

Q: In which stage of the product life cycle would we expect to see the most attention given to…

A: Product life cycle theory explains the various stages from which every product has to pass during…

Q: When can a business owner be earning a profit but not covering costs?

A: Economic profit refers to the profit that obtained by deducting the implicit cost or opportunity…

Q: What factors influence a U.S. business firm to go overseas? Explain your answer, please.

A: Below are the factors influence a U.S. business firm to go overseas 1. It's about individuals  The…

Q: maximizing output level

A: The additional cost occurred due to an extra production unit depicts marginal cost (MC). The total…

Q: Which of the following is the MOST FORMAL closing Select one: a. Вye O b. Sincerely. c. With Love.

A: When we write a formal letter to some one we need to follow a certain rules and pre-define format in…

Q: What can workers and consumers do with the impact of mega-corporations?

A: Workers refer to people who work and produce goods and services in the firm. The workers get a…

Q: Need help with c (the break even point) and d (the price range for which the company will make a…

A: X                      Y = 159.24x+65065.22 280 159.24*280+65065.22 =…

Q: One of the things discussed in class was some of the personality characteristics that a successful…

A: A company owner or entrepreneur is someone who makes money by creating or running a business,…

Q: Research/ Thesis title about Industry based

A: Research is the systematic of data collection and summarisation in suitable methodologies to suit…

Q: Q-How does profit motive affect innovation and economic productivity?

A: The profit motive is the motive for financial gain from economic activities in the economic market.…

Q: What  is management accounting

A: According to the standard definition, Management is defined as the most efficient way to complete…

Q: The company that you manage has already spent $5 million on developing a new product – a website…

A: The marginal benefit indicates to the additional benefit from working-age an additional unit of an…

Q: The company that you manage has already spent $5 million on developing a new product – a website…

A: The marginal benefit refers to the additional benefit from doing an additional unit of an activity.…