The can producer’s rent under the contract with coca cola will be $65.4 million.
The can producer's rent under the contract with Coca-Cola can be calculated as follows:
Total revenue from Coca-Cola = Price per can x Quantity sold to Coca-Cola
= $0.9 x 199 million
= $179.1 million
Total cost to produce 199 million cans = Marginal cost per can x Quantity sold to Coca-Cola + Annualized investment cost of the plant
= $0.3 x 199 million + $28 million
= $85.7 million + $28 million
= $113.7 million
Therefore, the can producer's rent under the contract with Coca-Cola is:
Rent = Total revenue from Coca-Cola - Total cost to produce 199 million cans
= $179.1 million - $113.7 million
= $65.4 million
So the can producer's rent under the contract with Coca-Cola is $65.4 million.
The complete question must be:
A supplier of metal aluminium serving a Coca-Cola bottler in a large country in Latin America builds a plant along with associated production equipment at an annualised investment cost of 28 million per year. The plant slocated directly next to the Coca- Cola bottler's bottling factory, which economises on transportation costs. The marginal cost of producing a can is $0.3 per can. Under a proposed contract, Coca-Cola will pay the supplier $0.9 per can to produce 199 million cans per year. However, if the can supplier does not sell cans to the Coca-Cola bottler, its best available alternative is to sell cans to a Pepsi bottler. The Pepsi bottler would pay the same price for cans that Coca- Cola would pay and would buy the same number of cans. Even though the Pepsi bottler is the closest bottling operation to Coca-Cola's, it is located nearly 1,000 miles away, which makes the marginal cost to the can company of selling to Pepsi $0.4 per can What is the can producer's rent under the contract with Coca-Cola?
To know more about contract, visit https://brainly.com/question/5746834
#SPJ11
The most helpful kind of business and why?
Answer:
Hair Salon
Explanation:
An hair salon is the most helpful kind of bussiness besides chothing store's because your helping people with their hair and geting a lot of money from doing a curtain style.
Explain each class of occupation and give five example each
The class of occupation refers to the categorization of jobs based on the type of work and the level of skill required. There are typically five main classes of occupation: professional, technical, skilled trades, semi-skilled, and unskilled.
There are typically five main classes of occupation:
Professional occupations are those that require a high level of education and specialized knowledge. Five examples of professional occupations include physician, attorney, architect, accountant, and professorTechnical occupations are those that require specific technical skills and training. Five examples of technical occupations include computer programmer, radiology technician, laboratory assistant, dental hygienist, and pharmacy technician.Skilled trades are those that require specialized training and often involve manual labor. Five examples of skilled trades include electrician, plumber, carpenter, welder, and mechanicSemi-skilled occupations are those that require some training and skill, but not as much as skilled trades or professional occupations. Five examples of semi-skilled occupations include machine operator, forklift driver, security guard, home health aide, and food service workerUnskilled occupations are those that require little to no training or education. Five examples of unskilled occupations include janitor, laborer, cashier, dishwasher, and retail sales associate.Learn more about occupation https://brainly.com/question/26713412
#SPJ11
The class of occupation refers to the categorization of jobs based on the type of work performed, the level of skill required, and the typical work environment. There are five main classes of occupation: professional, managerial, technical, sales, and service.
Professional occupations typically require a high level of education and expertise, and include jobs such as doctors, lawyers, and teachers.
Five examples of professional occupations are: - Physician - Attorney - Professor - Accountant - Architect Managerial occupations involve overseeing and coordinating the work of others, and include jobs such as executives, supervisors, and managers. Five examples of managerial occupations are: - Chief executive officer - Operations manager - Human resources manager - Sales manager - Project manager Technical occupations involve specialized knowledge and skills, and include jobs such as engineers, computer programmers, and technicians. Five examples of technical occupations are: - Software engineer - Network administrator - Electrician - Mechanical engineer - Laboratory technician Sales occupations involve selling products or services to customers, and include jobs such as sales representatives, real estate agents, and retail salespersons. Five examples of sales occupations are: - Insurance sales agent - Car salesperson - Pharmaceutical sales representative - Real estate agent - Retail sales associate Service occupations involve providing assistance or care to others, and include jobs such as healthcare aides, food service workers, and personal care workers.Five examples of service occupations are: - Home health aide - Waiter/waitress - Childcare worker - Personal trainer - JanitorHere you can learn more about class of occupation https://brainly.com/question/18499054
#SPJ11
Explain how an investor makes money by investing in bonds
Answer:
Financial investors earn money through the purchase of bonds, be these public (of countries or states) or private (that is, of companies) through speculation regarding the rise or fall of their value with respect to the purchase value, as well as with the interest that these bonds accrue periodically.
Thus, if the bond rises in value due to a good economic performance by the issuer, investors can sell it and make a profit, or even buy bonds at times of low values, expecting increases.
What do most business people think is the primary purpose of business?
A. To fix the problems of society
B. To invest all profits back into the business
C. To protect private property
D. To generate wealth
The most business people think generating wealth is the primary purpose of business. Therefore, option D is the correct option.
What is business?Businesses are economic activities. The activity of the business is performed by the people either in order to make money or to make simply a living. The activity of the business is performed by manufacturing goods, producing services, buying, and selling.
The major purpose of business is to earn profits. However, some businesses are in social service as well, they produce goods and services for the betterment of the society and the environment. Also, corporate social responsibility, which is paid by the business to the government helps in many ways.
The majority of businesspeople believe that making wealth is the main goal of their industry. As a result, choice D is the best one.
Learn more about business here:
https://brainly.com/question/18307610
#SPJ2
How accounting transactions are recorded will vary depending on the entity perspective taken. This statement is.
This statement is True.
What are Accounting Transactions? Any business activities that have an impact on the financial statements and status of the organization are considered accounting transactions. Essentially, an accounting transaction is any exchange of money. To keep track of their money, businesses record these transactions in a variety of methods, such as spreadsheets or invoices.External transactions and Internal transactions are the two different types of accounting transactions based on institutional relationships.The double-entry technique of bookkeeping is a method for recording accounting transactions where each entry to one account requires an opposing input to a different account, providing balanced journal entries. A debit and a credit are the two equal and equivalent sides of a double-sided journal entry. It will make sure that total debits and total credit are always equal.To learn more about accounting transactions, refer to:
https://brainly.com/question/14643061
#SPJ4
___ establishes the salary of the chief executive officer of a company
A) Internal managers
B) Employees
C) The board of directors
D) The CEO
Answer:
C.The board of directions I think
The consumer has very few rights after purchasing a faulty product. True or False.
False is the answer
God bless
⚠︎IF SOMEONE SHARES A LINK DO NOT GO TO IT! IT WILL DOWNLOAD A VIRUS!⚠︎
ok have a good day ❀
Answer:
tank us.
Explanation:
Think back to Middle School (6th, 7th, and 8th grade and possibly 5th). What are some possible challenges teachers face when working with this age group? How would you encourage the love of learning as a teacher to this age group?
can some one plss help me??
which word best describes the writing process in business writing ?
Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing
Thinking about your office or college, what types of
information are conveyed through the grapevine? How
often is the information accurate?
Answer: I would experience a lot of cluster chains speaking on if someone was in trouble. An employee would be called to the back office if they were either in trouble or getting a promotion.
Explanation:
“Gambler fallacy” is the Believe that if people keep gambling they will eventually win big
true or false
Suppose a country spiraled into economic recession. What would John Maynard Keynes recommend to fight the recession?
John Maynard Keynes will recommend an increase in government expenditures and lower taxes to stimulate demand to pull the economy out of the recession..
John Maynard Keynes is an economist who was popularly known for creating the Keynesian theory of economics
The Keynesian theory of economics is one who who advocate for saving less and spending more, thereby, raising their marginal propensity to consume and economic growth.
Now, supposing that a country spiraled into economic recession, John Maynard Keynes will recommend an increase in government expenditures and lower taxes to stimulate demand and pull the economy out of the recession..
Learn more about this here
brainly.com/question/6815540
BOX 2.5 Case Highlight Limiting Imports of Hormone-Treated Beef Case Name and Tribunal European Communities-Measures Concerning Meat and Meat Products (Hormones) (WTO Appellate Body, 1998)17 Facts In response to concerns of EU citizens about the risks presented by beef injected with natural and synthetic growth hormones, the European Union imposed a ban on the import of such beef. The United States challenged the restriction under the SPS Agreement, claiming that the panel reviewing the issue evalu- ated the risk associated with the use of hormones for growth promotion twice and the only evidence on record showed that the studies looked at a "theoretical framework for the systemic analysis of such problems" but did not actually investigate and evaluate the problems that arise from the use of such hormones. Issue Did the EU's ban on hormone-treated beef comply with the re- quirements of the SPS Agreement? Decision A risk assessment, as required by Article 5.1, is "a scientific process aimed at establishing the scientific basis for the sani- tary measure a Member intends to take." The ban was found not to be based on a risk assessment that followed scientific principles and procedures and, therefore, was in violation of the SPS Agreement. Analysis/Application In order to rely on exceptions to the GATT under the Agree- ment on Technical Barriers to Trade (TBT Agreement), member states must rely on sound scientific principles and provide evi- dence of such. Aftermath The case raised difficult issues and required a consideration of the uncertainty presented by divisions of scientific opinion. The European Union was unwilling to remove its restrictions on the import of the hormone-treated beef, with the result that the WTO in 1999 authorized the United States and Canada to col- lect penalties of more than $100 million per year in extra duties on European exports. The European Union brought the issue back to the WTO, where unprecedented open hearings were held in 2005. The European Union argued that new scientific evidence showed that the European Union complied with the 1998 WTO judgment. The impasse between the United States and the European Union was settled by way of a negotiated agreement in 2012 in which the European Union kept its ban on importing hormone-treated beef but increased its quota for importing beef from Canada and the United States.
The case mentioned is the European Communities-Measures Concerning Meat and Meat Products (Hormones) case, which was brought before the WTO Appellate Body in 1998.
The case involved a dispute between the European Union (EU) and the United States regarding the EU's ban on the import of beef treated with growth hormones.
The EU had imposed the ban in response to concerns raised by its citizens regarding the potential risks associated with the consumption of beef injected with natural and synthetic growth hormones. The United States challenged the ban, arguing that the EU had not conducted a proper risk assessment as required under the Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement).
The Appellate Body, in its decision, determined that the EU's ban on hormone-treated beef did not comply with the requirements of the SPS Agreement. It stated that a risk assessment should be a scientific process aimed at establishing the scientific basis for the sanitary measure, and the EU's ban did not follow scientific principles and procedures.
The case highlighted the importance of relying on sound scientific principles and providing evidence when implementing trade measures that may restrict imports. Under the Agreement on Technical Barriers to Trade (TBT Agreement), exceptions to the General Agreement on Tariffs and Trade (GATT) require adherence to scientific principles.
The aftermath of the case resulted in tensions between the United States and the European Union, with the WTO authorizing the United States and Canada to impose extra duties on European exports. Subsequent efforts were made to resolve the dispute, and in 2012, a negotiated agreement was reached. The European Union maintained its ban on importing hormone-treated beef but increased its quota for importing beef from Canada and the United States.
Overall, the case showcased the challenges of balancing trade restrictions based on public health concerns and the need to ensure that such measures are supported by scientific evidence and comply with international trade agreements.
To know more about growth hormones. here
https://brainly.com/question/2485207
#SPJ11
what is the current mainstream consensus when it comes to macroeconomic goals?
The operational definition of this is a level of output and that such unemployment is minimal and inflation is stable and steady. Both MMT and conventional macroeconomics agree that this aim should be a zero output gap.
What are macroeconomics' primary objectives?Summary. The term "macroeconomics" refers to the investigation of the overall economy. The main goals of macroeconomics are to maximize standard of living and achieve steady economic growth.
What is one of a country's economic system's four primary macroeconomic objectives?Price stability, wealth creation than outpaces birth rates, low resource unemployment, plus equitable income and wealth distribution are the four basic economic objectives. Each country will make an effort to use its government to achieve this economic objective.
To know more about Macroeconomic visit:
https://brainly.com/question/30044582
#SPJ4
claim messages should appeal to the receiver's sense of responsibility and pride in the company's good name. a. true b. false
False. Claim messages should focus on addressing the receiver's concern or problem and provide a satisfactory solution.
The goal of a claim message is to resolve a customer's issue and maintain their satisfaction with the company's product or service. While appealing to the receiver's sense of responsibility and pride in the company's good name can be helpful in some situations, it is not the primary focus of a claim message. The message should be written in a polite and professional tone, acknowledging the customer's issue and expressing a willingness to make it right. The message should also provide clear and specific steps for resolving the issue, such as offering a refund, replacement, or repair. Ultimately, the goal is to leave the customer feeling satisfied and confident in their future interactions with the company.
To learn more about Claim, click here:
https://brainly.com/question/31116896
#SPJ11
what distinguishes the long-run from the short-run in terms of firm’s decision-making?
The key distinction between the long-run and short-run in terms of firm's decision-making is the level of flexibility and the ability to adjust fixed and variable factors to optimize production and achieve long-term goals.
In the short-run, a firm's decision-making is constrained by certain fixed factors that cannot be easily adjusted, such as capital equipment and the size of the workforce. As a result, the firm's ability to change its production capacity is limited. In the short-run, firms make decisions to optimize production levels given these fixed factors, aiming to maximize profit or minimize costs.
In contrast, the long-run provides firms with more flexibility to adjust their production capacity by changing variable factors such as plant size, technology, and the number of employees. In the long-run, firms can make decisions that involve modifying their entire production process or even entering new markets. The long-run decision-making horizon allows firms to strategically plan and optimize their operations to achieve long-term objectives, including growth and market expansion.
To learn more about firm's decision-making, refer:
brainly.com/question/2157021
#SPJ11
QUESTION 6 of 10: What markup percentage does New York magazine state that Macy's at Herald Square in New York City uses to mark up
accessories?
a) 72%
b) 127%
c) 185%
Od) 233%
In conclusion correct option for this question is (d) 233%
Why it is?
The markup percentage mentioned by New York magazine for accessories at Macy's in Herald Square is 185%. This means that the price of the accessory is marked up by 185% of its cost.
This markup percentage is considered high and may reflect the expenses that the store incurs, such as rent, salaries, and other operating costs. It is also likely that the markup is influenced by the store's brand recognition and the demand for its products.
However, a high markup may also deter price-sensitive customers, making it important for businesses to strike a balance between profitability and affordability.
To know more about Magazine related question visit:
https://brainly.com/question/20910446
#SPJ1
Producers often shift some functions to intermediaries. Which of the following is the most significant benefit of doing this?
A) It increases customer loyalty.
B) It provides the producer with greater control over operations.
C) It reduces the amount of direct customer interaction.
D) It lowers the producer's costs and prices.
E) It ensures greater information security.
D) It lowers the producer's costs and prices.The correct answer is (D) It lowers the producer's costs and prices.By shifting some functions to intermediaries, producers can benefit from economies of scale and specialization.
Intermediaries, such as wholesalers or retailers, often have established networks, distribution channels, and expertise in marketing and sales. This allows producers to reduce their costs by leveraging the resources and capabilities of intermediaries, leading to lower production and distribution costs. When producers rely on intermediaries, they can achieve cost savings in areas such as warehousing, transportation, marketing, and sales force management. Intermediaries can also provide valuable market insights and customer feedback, enabling producers to improve their products or services based on consumer preferences.Lowering costs through intermediaries can result in more competitive pricing for the producer's products or services. This can attract price-sensitive customers and increase market share. By offering competitive prices, producers can gain a competitive advantage over rivals who might not have the same cost efficiencies.
learn more about benefit here:
https://brainly.com/question/1913628
#SPJ11
the old soviet union offered an example of an economy in which government planners determine both the prices of goods and the amounts of the goods that are produced. which term refers to this type of economy?
Nonmarket economy (A nonmarket economy relies on authorities planners to decide each the prices of items and the amounts that are produced. The historic Soviet economy is a ideal example, since the authorities owned and operated the fundamental ability of production.
What is a non market economy?(A) In widespread The time period “nonmarket financial system country” capability any foreign usa that the administering authority determines does not operate on market standards of fee or pricing structures, so that sales of merchandise in such country do now not mirror the fair value of the merchandise.
What is the example of non marketing?The output of the non market activities is neither for sale in the market nor for earning profit. These things to do can be for consumption and processing of predominant products for one's very own use. Example : A farmer cultivates particularly for himself and his family and not for earning profit.
Learn more about non marketing here:
https://brainly.com/question/25754149#SPJ4The percent markup on a tricycle is known to be 28% based on selling price. If the seller paid $23.50 for one, then what would be the corresponding percent markup based on the cost? (Round to the nearest tenth percent.)
The corresponding percent markup based on the cost would be 20.3%Explanation:Given that: The percent markup on a tricycle is known to be 28% based on selling price and the seller paid $23.50 for one To find: The corresponding percent markup based on the cost First we need to calculate the selling price of the tricycle.
Cost of tricycle = $23.50Markup percentage = 28%Let SP be the selling price.=> SP = CP + Markup% of CP= CP + 28% of CP=> SP = 1.28 × CP=> CP = SP/1.28= 23.50/1.28= $18.36Therefore, the selling price of the tricycle is $18.36Now we can calculate the markup percentage based on the cost.
Cost of tricycle = $18.36Markup = SP - CP= $23.50 - $18.36= $5.14Markup percentage based on the cost = Markup/Cost × 100%= $5.14/$18.36 × 100%= 0.2798 × 100%= 27.98%≈ 28%Therefore, the corresponding percent markup based on the cost is approximately 28%.Rounded to the nearest tenth percent, it is 28.0%.
To know more about cost visit:
https://brainly.com/question/14566816
#SPJ11
There is a wide range of potential _________ and _________ that can be the source of the competitive advantage.
In the realm of business and competition, achieving a competitive advantage is a coveted goal for organizations. It allows them to differentiate themselves from competitors and gain a stronger market position. To attain this advantage, companies often rely on various resources and capabilities.
Resources refer to the tangible and intangible assets that organizations possess. These can include physical assets like machinery and equipment, financial resources such as capital and investments, intellectual property, brand reputation, and human resources, including skilled employees and talented workforce. These resources serve as the foundation for competitive advantage, as they provide the means to deliver unique value propositions and meet customer demands effectively.
However, having resources alone may not be sufficient to sustain a competitive edge. Organizations must also possess and develop specific capabilities, which are the ability to deploy and leverage resources in a way that creates value and delivers superior performance. Capabilities encompass a range of organizational competencies, including technological expertise, efficient operations, innovative product development, effective marketing and sales strategies, strong customer relationships, supply chain management, and adaptability to changing market dynamics.
The combination of resources and capabilities is what enables organizations to differentiate themselves and outperform competitors. By effectively harnessing and aligning their resources and capabilities, companies can create unique value propositions, offer superior products or services, deliver exceptional customer experiences, achieve operational excellence, and respond swiftly to market changes.
It is important to note that the specific resources and capabilities that contribute to competitive advantage can vary across industries and organizations. What sets a company apart and gives it an edge in one industry may not necessarily work in another. Therefore, understanding and identifying the right set of resources and capabilities that align with the organization's strategy and market context is crucial for sustained competitive success.
Learn more about business here:
https://brainly.com/question/15826771
#SPJ11
Although she hates the work, Jessica has spent most weekends and the last three summers as a shortorder cook; she has an associate's degree in paralegal studies; she loves to ride and spends every spare minute helping her uncle with his three horses. Now that she's planning to start a business, her best choice would probably be a A. legal research service. B. restaurant. End of exam C. fast-food franchise. D. riding stable.
1. like most economists, keynes studied the great depression by studying markets. True or false?
The given statement "like most economists, keynes studied the great depression by studying markets "is True because like most economists, Keynes studied the Great Depression by studying markets.
Keynes was a renowned economist who made significant contributions to the field of economics. He believed that the Great Depression was caused by a lack of demand in the market, and that the government should intervene to stimulate demand and boost economic growth.
Keynes conducted extensive research on the market and the economic conditions that led to the Great Depression, and he developed theories and policies aimed at addressing the root causes of the economic downturn. He also studied the impact of government policies on the market and the economy, and he argued that the government should play an active role in regulating the market and promoting economic stability.
Overall, Keynes' work on the Great Depression has had a significant impact on the field of economics, and his ideas and theories continue to be studied and debated by economists today.
For more such questions on Great Depression
https://brainly.com/question/20513444
#SPJ11
True. Like most economists, Keynes studied the great depression by studying markets.
During the 1930s, Keynes observed the unprecedented levels of unemployment and economic turmoil that had engulfed the United States and Europe. He realized that the classical economic theory, which stated that markets would naturally return to equilibrium and full employment, was failing to explain the current situation. Keynes believed that there was a need for government intervention in the economy to stimulate economic activity and employment.
Keynesian economics, which is the macroeconomic theory developed by Keynes, is based on the belief that governments can use fiscal and monetary policies to stabilize the economy and promote full employment. Keynes advocated for government spending during periods of economic downturns to stimulate aggregate demand and promote economic growth. He believed that if the government invested in public works projects and created jobs, it would stimulate consumer spending and revive the economy.
Therefore, Keynes and many other economists of his time studied the Great Depression by analyzing market trends, which led to the development of Keynesian economics and a new understanding of the role of government in the economy.
Learn more about economic turmoil here:
https://brainly.com/question/31863501
#SPJ11
Allied In. bought a two-year insurance policy on August 1st for $3,600. What's the adjusting journal entry on December 31st?
Answer:
1. Debit Insurance Expense- $500 Credit Prepaid Insurance $500
2. $160 Beginning...
influences of Business environment,
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
For more about Business Environment refer to the link : https://brainly.com/question/26589766
The correct formula to measure the GDP is _____.
GDP = C - G - I - (X-M)
GDP = C + G + I - (X-M)
GDP = C - G - I + (X-M)
GDP = C + G + I + (X-M)
Rule-of-thumb budgeting is budgeting that's popular with the hospitality and tourism industry because it's so effective.
true
or
false
14. Substitutes, complements, or unrelated? raskels, and cannies. All of these products have been on the market for some time, but, to entice better sales, Rills complements are typically consumed together while substitutes can take the of other goods to determine which goods your marketing firm should advertise together. Finally, complete the final column by indicating which good you should recommend marketing with splishy splashies.
Substitutes, complements, and unrelated goods are classifications used to describe the relationship between different products in the market.
1. Substitutes: These are goods that can be used interchangeably with each other. If one product becomes more expensive or unavailable, consumers may choose to purchase a substitute instead.
2. Complements: Complementary goods are products that are typically consumed together or used in conjunction with each other. In this case, Rills complements are typically consumed together.
3. Unrelated goods: Unrelated goods have no direct relationship or influence on each other's demand. They are not substitutes nor complements. In the given question, "splishy splashies" is mentioned as a good.
To know more about consumers
https://brainly.com/question/27773546
#SPJ11
which of the following is the mark of a well-managed company? group of answer choices it can build a customer base quickly. it can find ways to prosper even in economically challenging times. it doesn't need to worry about customer loyalty. it can find ways to prosper during economic boom times.
The mark of a well-managed company is its ability to find ways to prosper even in economically challenging times. Economic challenges are an inevitable part of the business landscape, and companies that can thrive in such conditions demonstrate strong management.
While building a customer base quickly is advantageous, it alone does not guarantee sustainable success. Similarly, not needing to worry about customer loyalty may indicate a strong customer base, but it does not necessarily reflect effective management. A well-managed company possesses the capability to navigate and adapt to economic downturns. It demonstrates resilience by implementing strategies to maintain profitability, reduce costs, and identify new opportunities during challenging times. Effective management involves proactive measures such as diversifying revenue streams, managing expenses, and adjusting business models to remain competitive.
Furthermore, the mark of a well-managed company extends beyond just weathering economic downturns. It also includes the ability to capitalize on economic boom times. A well-managed company can identify opportunities for growth, invest wisely in expansion, and leverage favorable market conditions to increase market share and profitability. This demonstrates astute decision-making and the ability to seize opportunities in a dynamic business environment.
In conclusion, while building a customer base quickly and prospering during economic boom times are desirable traits, the mark of a well-managed company lies in its ability to find ways to prosper even in economically challenging times. Such companies exhibit resilience, strategic thinking, and effective management practices that enable them to navigate uncertain economic conditions and sustain long-term success.
Learn more about revenue streams here:- brainly.com/question/29787530
#SPJ11