For Spark Co. to achieve their targeted profit of 10% of sales, 6000 units must be sold.
Let's say that the number of phones that Spark Co. needs to sell to meet their desired profit of 10% of sales is 'x.'
Spark Co. buys cordless phones for $125 each and sells them for $200 each. Spark pays a sales commission of $25 per phone sold. Monthly fixed costs are $3,000.
Sales Revenue (200x) = Cost of goods sold (125x) + Sales commission (25x) + Fixed costs (3000) + Desired profit (10% of sales revenue)
=> 200x = 125x + 25x + 3000 + (0.10 x 200x)
Simplifying the above equation:
200x - 200x/10 = 125x + 25x + 3000200x(1 - 1/10)
= 150x + 3000x
= 150x + 3000x - 18000x/10
= 300x = (3000 + 1800) / 0.8x
= 4800/0.8x
= 6000
Therefore, Spark Co. needs to sell 6000 units to meet their desired profit of 10% of sales.
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Identify internal users of accounting information from the choices below. (Check all that apply.) Marketing managers Nonmanagerial employees I Board of directors O Purchasing managers
The internal users of accounting information from the choices provided are: Marketing managers, Board of directors, and Purchasing managers.
The internal users of accounting information can be identified as follows:
Marketing managers: Marketing managers use accounting information to analyze sales data, monitor marketing expenses, and assess the profitability of marketing campaigns. They rely on financial statements and cost data to make informed decisions regarding pricing, advertising budgets, and product development.Nonmanagerial employees: While nonmanagerial employees may not have direct access to detailed financial information, they still benefit from accounting reports, such as payroll statements and expense reimbursements. This information ensures accurate payment of wages, benefits, and expenses.Board of directors: The board of directors plays a crucial role in overseeing the financial performance and compliance of the organization. They use accounting information to assess the company's financial health, make strategic decisions, and ensure proper governance. Financial statements, audit reports, and budgetary information help the board monitor performance and make informed decisions.Purchasing managers: Purchasing managers rely on accounting information to monitor and control inventory levels, track supplier payments, and evaluate the cost-effectiveness of procurement processes.They use cost data and budget information to negotiate contracts, manage supplier relationships, and optimize purchasing decisions.
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The share in the company's profit is called_________.
Answer:
profit sharing
Explanation:
From Investopia they define profit sharing as
"A plan gives employees a share in their company's profits based on its quarterly or annual earnings."
Gravitational force and gravity.
Answer:
is how u fall
Explanation:
Most currencies on the foreign exchange markets have their values primarily determined by...
price fixing of currency's government.
constant central bank intervention.
international monetary fund.
the forces of supply and demand.
Most currencies on the foreign exchange markets have their values primarily determined by the forces of supply and demand. While governments and international organizations may have some influence on currency values, it is the market forces of supply and demand that determine the exchange rates on the foreign exchange markets.
The exchange rate of a currency is influenced by a number of factors such as the country's economic stability, inflation rate, interest rates, and political stability. These factors determine the level of demand for the currency and affect its value relative to other currencies.
While the government may play a role in setting exchange rates through price fixing, it is often frowned upon in international trade as it distorts the free market. Central bank intervention is also a factor in currency markets, but it is usually done to manage monetary policy rather than to set exchange rates.
International organizations like the International Monetary Fund (IMF) may also have an impact on currency markets through their economic policies and lending programs. However, ultimately, it is the market forces of supply and demand that determine the value of a currency on the foreign exchange markets.
In conclusion, while governments and international organizations may have some influence on currency values, it is the market forces of supply and demand that determine the exchange rates on the foreign exchange markets.
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Question 10 (5 points)
Two prescreening tools for job candidates are the resume and the
employment essay.
advertisement.
application.
letter of recommendation.
The correct answer is C. Application
Explanation:
When employers pre-screen job candidates they verify basic information about candidates such as background, education, skills, experience, etc. to determine if a candidate is suitable for a job and he/she should be interviewed or continue in the process of selection for the job.
In this context, the two main tools used by employers are the resume and the job application. These two documents provide information about the candidate's education, experience, skill, and similar but in the case of the application the information es concise and very specific, while resumes are more detailed and the candidate can include as much information as she/he wants. Thus, the two prescreening tools for job candidates are the resume and the application.
Answer: Application
Explanation: I just took the test
Hope this helps.
in terms of segmentation strategies by ethnicity, creating a single campaign that incorporates insights from various multiple ethnic groups tends to work better in today's market. true false
True. Creating a single campaign that incorporates insights from multiple ethnic groups tends to work better due to the increasing diversity and interconnectedness of consumer demographics.
In today's globalized and diverse marketplace, brands are recognizing the importance of inclusivity and cultural sensitivity. Rather than solely relying on segmentation strategies by ethnicity, creating a single campaign that embraces the insights and values of multiple ethnic groups has proven to be more effective. This approach acknowledges the diverse backgrounds and experiences of consumers, avoids potential pitfalls of exclusion or stereotyping, and fosters a sense of inclusivity and relatability.
It recognizes that consumers are not limited to a single ethnic group and that cultural identities can intersect and overlap. By incorporating insights from various ethnic groups, brands can tap into universal values while also respecting and celebrating the unique aspects of different cultures. This approach not only expands the reach of the campaign but also demonstrates a commitment to diversity and inclusivity, which can resonate positively with a wide range of consumers.
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In 2004, the world population was 6.432 billion. The exponential growth rate was 1.13% per year. So the following could be used as a model for the growth of the world's population: P=6.43290114, where P is world population in billions, represents the number of years past 2004. (2004 would be represented by 1 = 0.) a. Estimate the population of the world in 2020 using this model. b. Using the internet, find an approximation for the world population in 2020. What is the difference between the estimate from the internet and the answer in part (a)? c. Using algebraic methods and the model given, estimate the year when the world population will be 10 billion.
(a) The estimated population of the world in 2020 using this model is 8.020 billion. (b) The estimate from the internet is lower by approximately 0.220 billion. (c) The world population to reach 10 billion approximately 21.03 years past 2004, which corresponds to the year 2025.
To estimate the population of the world in 2020 using the given model, we need to substitute the value of P representing the number of years past 2004 as 16 (2020 - 2004).
P = 6.432 × 1.0113¹⁶ ≈ 8.020 billion
Therefore, the estimated population of the world in 2020 using this model is approximately 8.020 billion.
According to the data available on the internet, the estimated world population in 2020 was around 7.8 billion.
The difference between the estimate from the internet is;
7.8 billion - 8.020 billion = -0.220 billion
So, the estimate from the internet is lower by approximately 0.220 billion compared to the estimate using the given model.
To estimate the year when the world population will be 10 billion using the given model, we need to solve the equation P = 6.432 × 1.0113^T for T (number of years past 2004).
10 = 6.432 × \(1.0113^{T}\)
Dividing both sides by 6.432
1.5549 ≈ \(1.0113^{T}\)
Taking the natural logarithm of both sides;
ln(1.5549) ≈ ln(\(1.0113^{T}\))
T × ln(1.0113) ≈ ln(1.5549)
T ≈ ln(1.5549) / ln(1.0113)
Using a calculator, we find;
T ≈ 21.03
Therefore, according to the given model, the world population is estimated to reach 10 billion approximately 21.03 years past 2004, which corresponds to the year 2025.
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name two methods used to measure inequality of income in a country
The most commonly used inequality measure are the Gini coefficient ( based on Lorenz curve ) and the percentile or share ratios. This measures try to capture overall dispersion of income; how were they tend to people different leavles of importantance on the bottom middle and top end of distribution .
I hope it is helpful for you .
Which option should be used to commit a record in an Access table?
Press Esc.
Select Undo.
Press Ctrl+Z.
Move to a new record.
EDGE
Answer:
D)Move to a new record.
Explanation:
this is what I narrowed it sown to
edg 2021
Answer:
the answer is D
Explanation:
edge 2022
Which of the following shift the short-run aggregate supply and not the long-run aggregate supply to the left? A decrease in money supply An increase in immigration Increase in capital O Temporary destruction of capital
The temporary destruction of capital shift the short-run aggregate supply (SRAS) and not the long-run aggregate supply to the left.What is short-run aggregate supply (SRAS)?The short-run aggregate supply (SRAS) curve is upward-sloping and represents how firms will react to what they perceive as changing demand conditions.
The SRAS curve slopes up because wages and resource costs do not respond quickly to price level changes and firms must raise prices if they are to increase output in the short run. There are some things that shift short-run aggregate supply and not long-run aggregate supply to the left. A decrease in capital is one of them. A decrease in the money supply, a decrease in labor, and a natural disaster that destroys factories are some of the other factors that will reduce short-run aggregate supply. the correct answer is "temporary destruction of capital." If the capital is destroyed due to any natural calamity or disaster, it will shift short-run aggregate supply to the left because it will take time to rebuild the capital, while it will not affect long-run aggregate supply. Therefore, we can conclude that a temporary destruction of capital shifts the short-run aggregate supply and not the long-run aggregate supply to the left.
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without any taxes, equity has a return of 24%, and debt has a return of 12%. the overall return on all assets is 16%. what is the debt ratio (i.e., the proportion of debt financing)?
without any taxes, Returns on equity are 24%, while returns on debt are 12%. There is a 16% overall return on all assets. debt to income = 24% + 12% + 46% = 12.52%
A type of taxation used by the government to finance its operations and services to the general population is income taxation. It is based on an individual's or business's income or profits, and is typically computed as a percentage of that income. The government collects income tax, which is then used to pay for crucial services like infrastructure, education, and healthcare. Income level frequently determines how much income tax an individual or corporation will pay, therefore those with greater incomes will typically pay more in taxes. Governments rely heavily on income taxes as a source of funding for the public services that all citizens consume.
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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
what is one major advantage of creating a division of labor?
Division of Labor's Benefits Many of the benefits of dividing labor in the workplace are self-evident. Saving time is one of them. Assigning tasks to each employee that are best suited to her abilities. Productivity is rising. For the tasks at hand, you only need one set of tools rather than many.
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When people are in debt, it means there is no income
True or false?
3. Describe the purpose of the SEC. (1-4 sentences 2.0 points)
Answer:
The Securities and Exchange Commission (SEC) is a federal body tasked with safeguarding investors from fraud and ensuring the market's fairness and efficiency in the United States. One of its key objectives is to require all types of investments to be disclosed to both small and large firms.
The Securities and Exchange Commission (SEC) was established in 1934 to enforce the 1933 Securities Act. It was created, in large part, to fill the void left by the absence of a government regulatory body to regulate the U.S. stock markets during a period of significant financial volatility. It was shortly broadened to include the 1940 Investment Advisers Acts as well. Today, the agency is responsible for enforcing and amending federal securities laws, as well as coordinating U.S. securities regulations with other countries.
Explanation:
The City of San Antonio is considering various options for providing water in its 50-year plan, including desalting. One brackish aquifer is expected to yield desalted water that will generate revenue of $4. 1 million per year for the first 4 years, after which less production will decrease revenue by 10% per year each year. If the aquifer will be totally depleted in 22 years, what is the present worth of the desalting option revenue at an interest rate of 5% per year
The present worth of the desalting option revenue is $49.2 million at an interest rate of 5% per year.
To calculate the present worth of the desalting option revenue, we need to use the formula for present worth:
PW = A(1 - (1 + i)^-n)/i
Where:
A = Annual revenue
i = Interest rate
n = Number of years
Using the given information, we can calculate the annual revenue for each year using the decreasing revenue by 10% per year formula. The results are as follows:
Year 1: $4.1 million
Year 2: $3.69 million
Year 3: $3.32 million
...
Year 21: $0.27 million
Year 22: $0.00 million
We can then plug in the values into the formula and sum them up from Year 1 to Year 22:
PW = (($4.1/1.05) + ($3.69/1.05^2) + ($3.32/1.05^3) + ... + ($0.00/1.05^22))
After calculation, the present worth of the desalting option revenue is $49.2 million at an interest rate of 5% per year.
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in the preliminary investigation report, the ____ section contains the results of the preliminary investigation, including a description of the project’s scope, constraints, and feasibility.
In the preliminary investigation report, the findings section contains the results of the preliminary investigation, including a description of the project’s scope, constraints, and feasibility.
A preliminary investigation report is used to provide the sponsor with a comprehensive understanding of the proposed project's background, goals, and issues. It includes research, reports, and interviews with stakeholders. The findings section of the preliminary investigation report, which summarizes the results of the preliminary investigation, is critical.
The preliminary findings report's purpose is to inform the sponsor of the project's feasibility and whether or not it should be continued. The findings section is the preliminary investigation report's most important section. This is where all of the preliminary investigation's data is analyzed and processed. It includes a description of the project's scope, constraints, and feasibility.
It provides a comprehensive summary of the sponsor's needs and objectives. The report examines how the project will meet the sponsor's objectives while staying within the proposed constraints. A project's preliminary investigation is crucial since it sets the stage for the project's entire life cycle.
The project team will build the project plan and create the product or service based on the results of the preliminary investigation. The sponsor, project team, and stakeholders rely heavily on the preliminary investigation report's findings section to make decisions and create the project plan. Thus, the findings section of a preliminary investigation report is a critical aspect of the project management process.
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Son los que se produjeron en determinado periodo: los costos de los productos vendidos o los costos de los que se encuentran en proceso
La respuesta correcta para esta pregunta abierta es la siguiente.
A pesar de que no se anexan opciones o incisos para responder, podemos decir lo siguiente.
Aquí estamos hablando de los costos históricos. Estos costos son los que se produjeron en determinado periodo: los costos de los productos vendidos o los costos de los que se encuentran en proceso.
Un buen contador dentro de la empresa, se basará en estos costos históricos para poder predecir o proyectar los costos predeterminados y tener cierta información de lo que puede suceder a corto o mediano plazo.
Recordemos que esos costos predeterminados son necesarios para que los contadores puedan elaborar presupuestos lo más apegados a la realidad y se puedan ajustar con el tiempo. Para elaborar estos costos predeterminados, el contador hace uso de herramientas estadísticas.
Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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Question 29 (15 points) On May 31, 2021, The Water Splash provided the following information for one of its top-selling inflatable personal flotation devices (life jackets). Round numbers to two (2) d
Sorry, but there is no information or data provided in the question for me to include. Please provide the necessary data so that I can assist you with the question.
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Marginal analysis is an examination of the associated costs and potential benefits of specific business activities or financial decisions. The goal is to
The associated costs are examined by a marginal analysis. The objective is to determine whether the advantages of the new activity will be significant enough to outweigh the disadvantages.
Marginal analysis is commonly used in microeconomics to investigate the effects of marginal manipulation of the variables that make up a complex system.
In this respect, marginal analysis focuses on examining the results of minor changes as their effects spread throughout the entire company.
Marginal analysis is the process of evaluating the costs and potential benefits of specific business activities or financial decisions.
The goal is to determine whether the advantages of the new activity will be significant enough to outweigh the disadvantages. Instead of the whole business output, the influence on production costs for a single item is often used as a point of comparison.
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do you think there are too many frivolous cases filed? if you answered yes, how would you revise the federal rules of civil procedure to raise the standard on what constitutes a frivolous case?
However, it is a common concern among legal professionals that there are too many frivolous cases filed, which wastes resources, time, and money. To revise the federal rules of civil procedure and raise the standard on what constitutes a frivolous case, some experts suggest implementing stricter sanctions and penalties for frivolous filings.
For example, imposing monetary fines or requiring the losing party to pay the opposing side's legal fees could discourage frivolous filings. Additionally, the court could require a higher burden of proof or evidence for cases filed without merit. However, any revisions to the federal rules of civil procedure must balance deterring frivolous filings while still allowing access to justice for legitimate claims.
Yes, there can be instances where too many frivolous cases are filed. To revise the Federal Rules of Civil Procedure and raise the standard on what constitutes a frivolous case, a few changes can be implemented:
1. Strengthen Rule 11: Rule 11 currently addresses the issue of frivolous cases by sanctioning attorneys who file them. To raise the standard, the rule could be amended to mandate a more thorough review of the merits of a case before filing and impose stricter penalties on attorneys who violate the rule.
2. Implement mandatory pre-filing conferences: Require parties to engage in a pre-filing conference with a neutral third party, such as a magistrate judge, to evaluate the merits of their case before it is filed. This can help filter out frivolous cases at an early stage.
3. Increase the pleading standard: Amend Rule 8, which governs pleading requirements, to require parties to provide more detailed factual allegations in their pleadings. This can make it more difficult for frivolous cases to proceed.
4. Encourage alternative dispute resolution: Promote the use of alternative dispute resolution mechanisms, such as mediation and arbitration, to resolve disputes outside of court. This can help reduce the number of frivolous cases that reach the litigation stage.
By implementing these changes, the Federal Rules of Civil Procedure can effectively raise the standard on what constitutes a frivolous case and reduce the number of such cases filed.
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The money supply is the total amount of money available in the economy. How do changes in the money supply affect people and businesses?
Explanation:
As a result to inflation and deflation
That is the lesser the money supply the higher the price of goods and services.
And the more money is supplied vice versa
kate is the head of the research department at a pharmaceutical company. her team is in the process of developing a drug that has the potential to reduce the spread of skin cancer. kate has set the deadline for the project and has provided her team members a set of guidelines that need to be followed. however, she has left it to them to decide how they will accomplish the goal. in this scenario, kate is a(n) .
In this scenario, Kate is an empowered leader. Empowerment is a term that refers to the process of enabling or authorizing an individual to think, take action, and make decisions to achieve their goals.
In this case, Kate, who is the head of the research department at a pharmaceutical company, has empowered her team by setting a deadline for the project and providing a set of guidelines that need to be followed.
But she has left it to them to decide how they will accomplish the goal. In conclusion, Kate is an empowered leader, who has empowered her team members to achieve the desired goal of developing a drug that has the potential to reduce the spread of skin cancer.
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Hasty Manufacturing orders 86,000 annually. They order 6 times a year. They hold 6,468 units in safety stock. The minimum number of units Hasty Manufacturing holds throughout the year is:__________
Answer:
6,468 units
Explanation:
Based on the information given we were told that the Manufacturing company orders 86,000 per year which they order 6 times a year which means that if the manufacturing company HOLD 6,468 units in safety stock. The MINIMUM number of units the Manufacturing company will HOLDS throughout the year is:6,468 units which was HOLD in Safety stock.
what are the five inputs to any total value of money (tvm) problem?
The five inputs to any TVM problem are present value, future value, time period, interest rate, and payment.
The five inputs to any time value of money (TVM) problem are:
1. Present Value (PV): This is the current value of an investment or loan. It represents the amount of money that you have now or that you need to invest or borrow today.
2. Future Value (FV): This is the value that an investment or loan will have at a future point in time. It represents the amount of money that you expect to have in the future, after taking into account the effects of interest or other factors.
3. Time period (n): This is the length of time over which the investment or loan will be held. It is usually expressed in years, but can also be expressed in months, days, or other units of time.
4. Interest rate (i): This is the rate at which money grows over time. It is usually expressed as a percentage per year.
5. Payment (PMT): This is the amount of money that is paid or received periodically over the time period. It is typically used in annuity or loan calculations, where a fixed amount is paid or received at regular intervals.
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10
sentances please
Explain why businesses would prefer to settle outside of the court (litigation). Provide at least 5 reasons why and an example case which might apply.
Businesses prefer to settle outside of court (litigation) due to cost savings, time efficiency, confidentiality, flexibility, and preservation of business relationships.
Litigation can be an expensive and time-consuming process for businesses, often involving high legal fees, court costs, and potential damage awards. By opting for settlement outside of court, businesses can save significant costs. They can negotiate favorable terms and avoid the uncertainty of trial outcomes, which can lead to substantial financial losses.
Settling outside of court also offers time efficiency. Legal disputes can drag on for months or even years in the court system, causing disruption to business operations. By reaching a settlement, businesses can resolve the matter promptly and focus on their core activities, minimizing the impact on productivity and resources.
Confidentiality is another crucial factor. Court proceedings are generally public, meaning sensitive business information may become part of the public record. By settling outside of court, businesses can maintain privacy and protect proprietary information, trade secrets, or sensitive financial data, which is especially important in highly competitive industries.
Flexibility is a key advantage of settling outside of court. Parties can tailor the terms of their settlement to meet their specific needs and interests, rather than relying on the judgment of a court. This flexibility allows businesses to explore creative solutions, such as alternative dispute resolution methods like mediation or arbitration, which can often lead to more satisfactory outcomes for all parties involved.
Preserving business relationships is also a compelling reason for businesses to choose settlement outside of court. Litigation can strain relationships with suppliers, clients, or business partners, leading to long-term damage. By resolving disputes amicably through negotiation, businesses can preserve important relationships, foster goodwill, and maintain a positive reputation in the industry.
Example Case: An example case where settling outside of court would be preferred is a contractual dispute between a software development company and its client. The client claims that the software delivered did not meet the agreed-upon specifications and seeks compensation for the alleged damages. Both parties recognize the importance of maintaining a positive working relationship, as they have collaborated successfully on previous projects.
In this scenario, the software development company would prefer to settle outside of court to avoid the potential legal costs and negative publicity associated with litigation. By engaging in negotiation, they can address the client's concerns, offer improvements or modifications to the software, and potentially reach a mutually beneficial agreement. This approach would allow both parties to maintain their business relationship, potentially leading to future collaborations and referrals.
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Etica, creatividad, compromiso, excelencia, integridad, credibilidad, pueden ser ejemplos de visiones.
Es VERDADERO O FALSO? . Si es Falso lo justificas.
Answer:si English?
Explanation:
Which statement best illustrates the relationship between three different
elements of the circular flow of products?
A. Product markets offer labor to businesses, which creates jobs for
households.
B. Resource markets sell goods to product markets, which sell the
goods to businesses
C. Households pay wages to businesses, which can then set up
product markets.
D. Businesses create goods for product markets, which sell them
directly to households.
Answer: is D
Explanation:
The statement, businesses create goods for product markets, which sell them directly to households, is best illustrates the relationship between three different elements of the circular flow of products.
What is a circular flow?
The most popular version of this model displays the circular flow of revenue between the consumer and business sectors. The product market and the resource market are placed between the two.
Consumer spending is the mechanism through which households' money flows to the market for goods and services when they are in need of them. The product market purchases goods and services from companies and sells them to households, making a profit.
As a result, option (d) is correct.
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what are three attributes of successful entrepreneurs?
Answer: The three attributes of successful entrepreneurs are self-directed, self-nurturing, and tolerant of uncertainly. self-directed is getting comfortable being your own boss. self-nurturing is believe in you own idea even when no one else does and able to replenish your own enthusiasm.