answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stealth61 [152]
2 years ago
11

George is an employee at a company that provides information technology solutions to other firms. Recognizing his potential to i

nnovate, the top management of the company has given him the complete liberty to develop a new smart phone application using the resources of the company. In this scenario, George best illustrates a(n)
Business
1 answer:
Damm [24]2 years ago
3 0

The answer to the question is competition.

It seems that George is set up by his company to become a competition to the customers’ of the company. This is because George is told to develop a new smart phone application so that his company will have a unique competitive advantage from the other firms. This would lead to his company’s better performance in the future.

You might be interested in
Mountain Breeze supplies air filters to the retail market and hires workers to assemble the components. An air filter sells for
Valentin [98]

Answer:

The total amount Sandra was paid=$1,500

The total amount Bobby was paid=$1,750

Explanation:

Step 1

Determine the net loss or profit from sales as shown;

profit=sale price-purchase price

where;

sale price=$26

purchase price=$1

replacing;

profit=26-1=$25

Step 2

In a perfectly competitive labor market, the labor market defines the price of labor. In our case,

The value of each person marginal product can be expressed as;

Value of marginal product for Sandra=(25×60)=$1,500

Value of marginal product for Bobby=(25×70)=$1,750

The total amount Sandra was paid=$1,500

The total amount Bobby was paid=$1,750

6 0
2 years ago
Your boss would like your help on a marketing research project she is conducting on the relationship between the price of soda a
sattari [20]

Answer:

Your task is to take this <u>demand schedule</u> and construct a graphical representation of the data. In doing so, you determine that as the price of soda rises, the quantity of soda demanded decreases. This confirms the <u>law of supply and demand .</u>

Explanation:

A demand schedule basically shows us the quantity demanded for a good or service at different price levels.

As the price of a good or service increases, the consumers will be less willing to purchase the good or service, therefore the quantity demanded will decrease. When the price of a good or service increases, this results in a higher opportunity cost for the consumer and a lower consumer surplus.  

Inversely, when the price of the good or service increases, the suppliers will be more willing to produce the good or service, therefore the quantity supplied will increase.

5 0
2 years ago
DonutVille caters to its retirement population by selling over 10,000 donuts each week. To produce that many donuts weekly, Donu
nata0808 [166]

Answer:Flour should be acquired through a contract.

Explanation: Acquiring flour through a contact will be very important for DonutVille as it will ensure a follow-up and a feedback system where the manager of DonutVille establish a relationship with the company supplying the flour through one of its distributors or agents.

When purchasing of flour is achieved through a contact, it makes the contact a responsible person who will be needed to guarantee the supply of flour on time and to Communicate with the manager of DonutVille should there be any matters arising in the process getting supplies.

8 0
2 years ago
Childers Company, which uses a perpetual inventory system, has an established petty cash fund in the amount of $500. The fund wa
Salsk061 [2.6K]

Answer:

c. A credit to Cash of $272.75.

Explanation:

These transactions can be explained with the help of T- Account .

<h2><u>          Cash             </u></h2><h3><u>Debit                   Credit   </u></h3>

                         Bal $ 500

Freight $61

Shipping

Charges  $ 85

Supplies  $ 50

Donation  $ 69

Suspense   7.75

<u>Fund     $ 227.25                     </u>

                        Fund   $ 227.25

<u>               Reimbursement </u><u> $272.75</u>

<u>                                             $ 500   </u>

<u />

<em><u>As there is shortage of $ 272.25 in the amount of $ 500 the petty cash will be reimbursed with this amount.</u></em>

<em><u>An amount of $ 7.75 is short  which is dealt in suspense account and reimbursed with the amount falling short.</u></em>

5 0
2 years ago
Which career pathway requires that employees have stamina, stress-management skills, confidence, persuasiveness, and specialized
Fofino [41]

Answer:

a. Professional sales and marketing

Explanation:

Sales and marketing team of any company play a vital role in developing business and making it profitable, however, it require lot of hard work, planning, stamina, and stress management, which help the sales and marketing professionals to meet up the company´s target. Sales and marketing are pulse of the company, without it no other department will grow as there will be lack of business. Confidence, persuasiveness and knowledge are key for making sales. A good sales person are the one who knows what is he/she selling, and whom to sell.

8 0
2 years ago
Other questions:
  • Based on what you have learned, why does the ITA believe that fair trade is important to US businesses and to the world?
    15·2 answers
  • A seller received $800,000 for a 5.5 acre rectangular parcel alongside a road frontage. The property is 400’ deep. What was the
    12·1 answer
  • ____ cards contain a chip that can store a large amount of information as well as on a magnetic stripe for backward compatibilit
    13·1 answer
  • Hampton Industries had $61,000 in cash at year-end 2017 and $27,000 in cash at year-end 2018. The firm invested in property, pla
    8·1 answer
  • Becky had net sales (all on account) in 2020 of $8,000,000. At December 31, 2020, before adjusting entries, the balances in sele
    6·1 answer
  • Soap Company manufactures soap X and soap Y and can sell all it can make of either. Hours available to produce the products are
    6·1 answer
  • Handel Company uses the allowance method for estimating uncollectible accounts.
    15·1 answer
  • n the process of performance appraisal, _____ occurs when assessors rate all workers as average. a. halo error b. central tenden
    11·1 answer
  • Which of the following regarding Master Budgeting is true?
    12·2 answers
  • Dizzy Amusement Park is open from 8:00 am till midnight every day of the year. Dizzy charges its patrons a daily entrance fee of
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!