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nignag [31]
2 years ago
13

Sung owns a dog-walking business that she started in high school. Her first goal was to earn money after school and supplement h

er allowance. Now that she has finished college and maintains a long client list, she's planning on running the business full time. She keeps all the profits and has kept things simple by posting fliers on the bulletin boards at local stores. Sung's business is a(n)______________
Business
1 answer:
UkoKoshka [18]2 years ago
7 0

Answer:

sole proprietorship

Explanation:

A sole proprietorship is a business that is owned and run by one person. The person is responsible for operations and decision-making.

There is no distinction between the business and the individual.

The instance given, the proceeds from Sung's business is used to supplement her allowance .

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<span>She should apply the same principles that would be applied to any other employee. To do otherwise would be to run afoul of the entire ethos of the company. It would set a bad example for the employees and would cause those in management to lose respect (and possibly lead to some sort of ethical investigation by those with the proper authority to do so).</span>
8 0
2 years ago
You are the owner of a local Honda dealership. Unlike other dealerships in the area, you take pride in your "No Haggle" sales po
balu736 [363]

Answer:

$11880

Explanation:

Given that:

In a local Honda Dealership;

Last year, your dealership earned a record profits of $1.5 million

according to the local Chamber of Commerce, your earnings were 10 percent less than either of your competitors.

The Price Elasticity of demand E = - 4.5

Marginal cost of a midsized automobile = $11,000

Let assume that In your market, you compete against two other dealers

From The above given data , the objective is to determine the What price should you charge for a midsized automobile if you expect to maintain your record sales.

So; in order to achieve that ; we consider the scenario of an Oligopoly market by using the markup formula for homogeneous product Cournot Oligopoly which can be represented as:

P = (\dfrac{n*E}{1+ n*E})*MC

P = (\dfrac{3*(-4.5)}{1+(3*-4.5)})*11000

P = (\dfrac{-13.5}{1+(-13.5)})*11000

P = (\dfrac{-13.5}{-12.5})*11000

P = 1.08 × 11000

P = $11880

Hence. the price you should charge for a midsized automobile if you expect to maintain your record sales is $11880

8 0
2 years ago
The local florist in town is cheryl steffan who has been in business for over 20 years. recently, cheryl has noticed several com
Ymorist [56]
The answer is "<span>Modeled the As-Is process, fixed the errors, and then created the To-Be process".
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6 0
2 years ago
An institutional broker wants to review their book of customers to see which are most active. Given a list of trades by customer
bixtya [17]

Answer:

Alpha

Beta

Delta

Epsilon

Zeta

Explanation:

The customers list should be updated and sorted periodically to identify regular customers and those customers with big orders. There are many customers in the list and the list is not sorted according to alphabetical order. Those customers which account for more than or at least 5% of total trade are Alpha, Beta, Delta, Epsilon and Zeta. These are place first in list among other customers.

8 0
2 years ago
Last year a certain bond with a face value of $5,000 yielded 8 percent of its face value in interest. If that interest was appro
Katen [24]

Answer:

bond's selling price is $6154

Explanation:

given data

face value = $5,000

interest = 8 % of face value

rate = 6.5 %

to find out

bond's selling price

solution

we find interest that is

interest = 8 % of face value

interest = 8 % × 5000

interest = 400

so we consider bond selling price is x

so

bond selling equation will be

interest = rate × bond selling price

400 = 0.065 × x

x = 6154

so bond's selling price is $6154

8 0
2 years ago
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