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1. Enterprise, as a main component of business, requires which of the following? 2. In economics, what principle indicates the value placed on a product lessens as consumption increases? 3. Imagine Company A has a total profit of $40 million and that it invested $400 million in the course of a year. Company B has a total profit of $20 million and has invested $80 million over the course of the year. Which company has the greater profitability? 4. What was the original purpose of the limited liability company? 5. What defines a group of companies that have similar products and business activities? 6. Which of the following best describes a partnership? 7. What measures how efficient a company uses its capital and resources to generate returns for its investors? 8. Capital, land, enterprise, and labor are all costs associated with making and selling goods. What do they determine? 9. What is an obstacle that professionals avoid in a sole proprietorship? 10. Which term refers to the total money or assets of a business? 11. What are the three components that make up a business system? 12. Which of the following businesses is the best example of when to set up a limited liability company in order to control financial risk of the stockholder(s)? 13. If a company were to have a total sales revenue of $50 and a total operating cost of $37, what is the total profit? 14. What will most likely increase the demand for better quality goods and services? 15. If a business partnership grows, what is usually added over time? 16. What are the four productive resources that make a business possible? 17. What law shows that there is a direct relationship between the price of a product and the amount that is supplied in the market? 18. Which of the following is the best example of a business partnership? 19. What equation correctly shows how profit is calculated? 20. Which of the following best describes limited liability as it relates to a business? 21. Who assumes all liability for debt created in a sole proprietorship? 22. In general, the more a particular product is valued, the more it is demanded. Which is true in regard to this statement? 23. Which of the following is the best advantage of a joint-stock company? 24. This is the point at which the supply of the product just meets the demand for it. 25. What is the best way to raise funding for a joint-stock company? 26. Information technology, e-commerce, human resource management, and procurement are included in what type of value chain function in a business? 27. What law refers to the tendency of people to buy more of a product when the price is lower and less of it when its price is higher? 28. How does specialization assist a business in becoming more productive? 29. Which of the following best describes a joint-stock company structure? 30. What is defined as the absolute monetary difference between sales revenues and operating costs? 31. Which equation correctly shows how to calculate profitability? 32. Which of the following best describes a system through which goods or services are exchanged for capital with the aim of making a profit?
How does this type of accounting system encourage effective decision-making and discourage store-level theft? Be specific and detailed in your response.
"Of all the times this hard drive could crash, it had to be now," Marcy cried. "How can I finish the financial reports without all the information? I knew I should have backed up the disk last night before I left work." News of the disaster tra..
How many Vacuum cleaners and how many Washing machines the company should produce in next month in order to achieve the maximum profit?
Explain The actual wages and salaries for the month was $19,980 and The activity variance for wages and salaries in May would be closest to-
Leadership choices - How could the supervisor have reacted and How does this attitude affect team performance
Explain Each Team should treat their product idea as a real business opportunity and Teams must be realistic and valid with their assumptions in every aspect of launching the new product.
Examine the five steps involved in developing a retail price strategy. Select the step you trust to be critical to the success of the retailer and explain why.
A lumber Corporation manufactures 240 apple crates per one hundred logs. The corporation currently purchases 100 logs per day and each log requires three labor hours to process.
Brief the facts of the case - Burlarley v. Walmart Stores, Inc. and assume your boss is seeking your opinions as noted in the Critical Legal Thinking, Ethics, and Contemporary Business questions. Argue both sides of all issues.
1.Why do corporations need a board of directors?
increasing employee productivitycould you assist me with examine pay for performance in the public sector. consider the
Identify at least two professional organizations in your chosen field (HUMAN RESOURCSE). Research the organizations to identify the following:Social/Networking meetingsCareer servicesTraining
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