What is the definition of business

Answers

Answer 1

Answer:

See below

Explanation:

Business refers to the practice of producing or purchasing goods and services for sale to make a profit. It is the act of engaging in commercial activities of buying and selling products and services for profits.

Business entails individuals and companies' activities of supplying desired products and services to customers with profit motives. A businessperson identifies a need in the community. He or she sells to the community goods or services that satisfy that need a higher price to make a profit.


Related Questions

True or False: when writing a check, it is not necessary to fill in the Memo line. *

True
False

Answers

Answer:

true

Explanation:

It's not essential that you fill out this field, since it isn't required to cash or deposit the check. But entering a memo can help you and the recipient keep clear records.

You are going into business with 4 equal partners (not counting yourself). If in 6 years, the business is making a profit of $1,000,000, what is your share?

A. $180,000
B. $190,000
C. $200,000
D. $210,000

Answers

Answer:

The answer is C

Explanation:

I got the answer right lol

Equal amount in 5 division of $1,000,000 is $200,000 so our profit is $200000 therefore option (C) will be correct.

What is the arithmetic operator?

Arithmetic operators are four basic mathematical operations in which summation, subtraction, division, and multiplication involve.,

Division = divide any two numbers or variable called division.

For example 4/8

Profit of business =  $1,000,000

Total partner = 4 + 1(ourselve) = 5

Share per partner = Profit of business / total partner

Share per partner = 1000000 / 5 = $200,000

Hence "Equal amount in 5 division of $1,000,000 is $200,000 so our profit is $200000".

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The ____ section of the project scope document is where the contractor or project team can state and clarify exactly what is included in the work scope and provide an opportunity to reconsider items that are not stated but that the customer may have forgotten to include in her requirements or RFP.

Answers

The statement of work section of the project scope document is where the contractor or project team can state and clarify exactly what is included in the work scope and provide an opportunity to reconsider items that are not stated but that the customer may have forgotten to include in her requirements or RFP.

I hope this helps :)

A government adopts a less progressive rate on income taxes. According to
the table, which citizen is more likely to pay a larger percentage of his or her
income in taxes as a result of this fiscal policy?
Citizens
Citizen A: A wealthy business owner
Citizen B: A poor farmer
A. Neither citizen
B. Citizen A
C. Citizen B
D. Both citizens

Answers

A wealthy business owner is more likely to pay a higher percentage of his or her income in taxes under progressive rate on income taxes.

what is progressive tax system?

Progressive tax system refers to a tax system that increases tax rate as the taxable income increases.

For example, a progressive tax system would increase the tax rate from 3% to 20% if the income bracket of the individual increases.

Therefore this type of tax system favors individuals in lower income bracket as they pay less with respect to percentage of their income when compared to wealthy individuals

Please read more about progressive rate on income taxes here:

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Answer:

its citizen B

Explanation:

took the test

who is the author of "A love story and the three purple hearts?'

Answers

Iris Zenia Solorio? It was pretty recent
Iris Zenia Solorio is the author

Q 19.22: Portland and Hadley operate in the same industry. Portland's sales, variable costs, and fixed costs are $1,000,000, $700,000, and $100,000, respectively. Hadley's sales, variable costs, and fixed costs are $1,000,000, $400,000, and $400,000, respectively. If each company experiences an equal increase or decrease in sales, Hadley's income will

Answers

Answer:

Go up or down by the same amount as Portland’s because both companies have equal net income

Explanation:

Here are the options to this question :

A: Go up twice as much as Hadley’s, but go down only half as much as Portland’s.

B: Go up or down twice as much as Portland’s.

C: Go up or down by the same amount as Portland’s because both companies have equal net income.

D: Go up or down half as much as Portland’s.

Income = Revenue - total costs

total costs = fixed costs + variable cost

For Portland

$1,000,000 - ($700,000 + $100,000) = $200,000

For Hadley :

$1,000,000 - ($400,000 + $400,000) = $200,000

If each company experiences an equal increase or decrease in sales, Hadley's income will increase and decrease as much as Portland's because both companies have equal net income

Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receivable of $104,500, allowance for doubtful accounts of $665 (credit) and sales of $925,000. If uncollectible accounts are estimated to be 0.5% of sales, what is the amount of the bad debts expense adjusting entry? A. $4,625 B. $3,960 C. $5,290 D. $4,750 E. $4,825 57,1 17.

Answers

Answer:

A. $4,625

Explanation:

Items                                            Amount

Sales                                             $925,000  

Uncollectible percentage              0.50%    

Amount of Bad debts expense  $4,625  

($925,000 * 0.50%)

The amount of the bad debts expense adjusting entry should be considered as the option A. i.e. $4,625.

Calculation of the amount of the bad debts expense:

Since

Accounts Receivable of $104,500, allowance for doubtful accounts of $665 (credit) and sales of $925,000.

And, there is uncollectible accounts are estimated to be 0.5% of sales

So, here the bad debt expense should be

= 0.50% of $925,000

= $4,625

hence, the option a is correct.

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Which of the following is the appropriate rank of sectors (from lowest to highest percentage) of the U.S. Gross Domestic Product (GDP)?


agriculture, services, industry

agriculture, industry, services

industry, agriculture, services

services, industry, agriculture

Answers

Answer:

B). Agriculture, Industry, Services.

Explanation:

The United States is a highly developed country owning a mixed economy. Its GDP and net wealth makes it the largest economy of the world. The economy of the United States in divided into three major sectors i.e. Agriculture or the primary sector, the Industrial sector, and the service sector. The service sector contributes most to the US economy with 68% of its contribution. The primary sector contributes 5.4% to the GDP and the industry with 26.6% of its contribution to the development of U.S. economy. Thus, option B is the correct answer.

Why did the Indians crossed the Americans boarder

Answers

because many of them, well in most cross the border into the United States for better opportunities, or because of risky causes in their home country, can vary the reason why they cross

Suppose 2-year Treasury bonds yield 3.3%, while 1-year bonds yield 2.7%. r* is 1%, and the maturity risk premium is zero. Using the expectations theory, what is the yield on a 1-year bond, 1 year from now? Calculate the yield using a geometric average. Do not round intermediate calculations. Round your answer to two decimal places. % What is the expected inflation rate in Year 1? Year 2? Do not round intermediate calculations. Round your answers to two decimal places. Expected inflation rate in Year 1: % Expected inflation rate in Year 2: %

Answers

Answer:

3.90%

1.7%

2.9%

Explanation:

Give the following :

Yield on 2 years Treasury bond (Y2) = 3.3% = 0.033

Yield on 1 years Treasury bond (Y1) = 2.7% = 0.027

r* = risk free rate = 1%

Yield on 1 year bond, 1 year from now :

Compounded yield on yield 1 at 2.7% + Interest on return = compounded yield on 2 years bond :

(1 + 0.027) = yield on year 1

(1 + y) = yield one year from now

(1 + 0.027)¹ + (1 + y)¹ = (1 + 0.033)²

1 + y = (1 + 0.033)² / (1 + 0.027)¹

1 + y = 1.067089 / 1.027

1 + y = 1.0390350

y = 1.0390350 - 1

y = 0.03903

Yield = 0.039 * 100% = 3.90%

Inflation premium = yield rate - Risk free rate - maturity risk premium

Maturity risk premium = 0%

Hence,

For year 1

Inflation premium = 2.7% - 1% - 0% = 1.7%

For year 2:

Inflation premium = 3.9% - 1% - 0% = 2.9%

If the price of gasoline increases, most likely, ceteris paribus, the result will
be:
A. An increase in the demand for cars.
B. An increase in the supply for cars
C. A decrease in the supply for cars
D. A decrease in the demand for cars

Answers

Answer:

A

Explanation:

Hello i am happy to answer this for you.

I believe the answer is D

My reasoning is that if the gasoline prices went up people will not want to pay for the gas anymore so people will not want gas fueled cars if they have to pay a higher price for the gasoline.

Sry if wrong

what policy is a way the SEC protects investors

Answers

Requiring companies to disclose financial information.

Simon has a $250,000 life insurance policy with City Life. He has had this policy for many years, and all of the premiums have been paid. He no longer needs to make any payments in order to keep the policy in effect. Simon named his brother, Leo, as the beneficiary of the policy. Leo needs $50,000. Leo knows about the insurance policy, and that it is fully paid. Rather than take out a loan, he contacts City Life and asks for $50,000 as an advance against the full amount of the policy that will be due to him. What is City Life likely to do?

Answers

Answer:

The correct statement will be "Not give Leo the money since Leo is not vested".

Explanation:

Simon wanted to purchase a city life insurance package. Under that same agreement arrangement, Simon has compensated have all premiums owed. As that of the beneficiary including its scheme, Simon designated his brother, Leo.

Leo requires 50,000 dollars. He reaches the urban environment instead of accepting a mortgage as well as demands for the amount owed including its gain that would accumulate to him following his brother's passing.

The remaining amount through Life insurance policies can only be compensated on Simon's death and nobody even, particularly Simon and his brother Leo, seems to have the authority to charge any compensation payout against that kind of policies especially given the fact that almost all the contributions have been compensated.

So the above is the right approach.

What are the activities that should take place during the performing stage Business studies

Answers

Answer: See explanation

Explanation:

According to Tuckman, he believed that there are five developmental stages for every team which are:

1. forming stage

2. storming stage

3. norming stage

4. performing stage

5. adjourning stage.

The performing stage involves the stage at which there's confidence and motivation among the team members and they can actually work on the project without being supervised.

At this stage, members have a strong relationship and readily assist each other. Tasks are being delegated to the group by the leader of the team. Also, when there are conflicts, they are easily and quickly resolved.

What line will you type an email address on if you want a person's email to remain
private ?

A) Subject
B) осс
C) Blind Carbon Copy
D) Signature

Answers

Answer:

for a persons email to remain private the line you will use is Blind Carbon Copy (BCC)

c.... blind carbon copy

Randall describes his job this way.
"I visit different office buildings and service heating and cooling units that are not working properly."
Which of the Construction industry careers is Randall most likely part of?
O Landscaping
O Construction
O Maintenance/Operations
O Design/Pre-Construction
Help now please

Answers

Answer:

It is most likely c

Explanation:

Answer:

The correct answer is C.

Explanation:

Randall is most likely part of Maintenance/Operations.

Hopefully, this helps! :D

Ask your question below!

You earn $50,000 per year, and paid 10 percent in taxes this year. The government increased the tax rate to 20 percent for next
year. Which amount will you pay in taxes next year?

A) $1,000
B) $2.000
C) $5,000
D) $10.000

Answers

Answer:

D. $10,000

Explanation:

The answer is D because as you earn $50,000 every year, and for the next year the tax rate is 20%, 20% of $50,000 is $10,000. Hope it helps!

What is product positioning?

Answers

Answer:

Product positioning is a form of marketing that presents the benefits of your product to a particular target audience

Answer:

Description Positioning refers to the role that a brand occupies in the minds of the consumers and how it varies from the competitors' goods and from the brand recognition concept.

Explanation:

cookiesamichael12345678

Answers

Answer: ?

Explanation:

Girl what does that mean, either you can count right or thats a username

Explain the importance of profit to the economy.

Answers

Answer:

Explanation:

Profit is the surplus revenue after a firm has paid all its costs. ... In a capitalist economy, profit plays an important role in creating incentives for business and entrepreneurs. For an incumbent firm, the reward of higher profit will encourage them to try and cut costs and develop new products

Claims for future collection from customers

Answers

Answer:

Accounts receivable

Explanation:

Accounts receivable is an account that records money that customers owe a business. It represents money that a business expects to collect from customers for goods and services already delivered, but payment is not yet made.

Accounts receivable are treated as currents assets. The business expects to collect the money within the financial year. Account receivables arise when the business sells goods or services on credit.

does non traditional careers for men mean job for women?
and does non traditional careers for women mean job for men?

Answers

I’m not really sure what you mean by non traditional but i suppose it’d make the work place inclusive/diverse if men and women started working ‘non traditional’ jobs (:

Which of the following are types of evidence that can be used to support a
controlling idea? *
facts (statements that can be proved true)
statistics (data that is gained from research)
examples (specific instances of a general idea)
anecdotes (brief stories that illustrate a point)
all of the above

Answers

Answer:

all of the above

Explanation:

The controlling idea is the text that grabs the reader's attention in a paragraph or headline. It arouses curiosity in the audiences. The controlling idea makes people eager and anxious for details. In support of the controlling idea, the writer uses evidence to paint a clear picture of the events or story.

Some of the evidence that a writer can use include

Verifiable facts and dataReal-life stories and experiencesResearch outcomesFactual information in the public domain

Open market operations refer to which action by a central bank?
A. Regulating the amount of money banks hold in reserve
O B. Changing the price banks pay to borrow money
O C. Buying and selling treasury securities
O D. Adjusting interest rates on stock markets

Answers

Answer:

B so it said 20 characters tooblong and dont copy th rokffkmf

Answer:

C: Buying and selling treasury securities

Explanation:

Apex, hope it helps ;)

Economists occasionally speak of "helicopter money" as a short-hand approach to explaining to increases in the money supply. suppose the chairman of the federal reserve flies over the country in a helicopter dropping 10,000,000 in newly printed $100 bills (a total of $1 billion). by how much will the money supply increase if, holding everything else constant

Answers

Answer and Explanation:

a. In case when the new bills are kept by the people so the supply of money would be increase by a very similar amount as it was dropped off the plane. That's because the banking is not in the image, so there is no impact on the money multiplier.

b. If the amount is deposited in the bank, the cash supply would rise with the money multiplier being taken into account. Money Multiplier = Deposited currency / reserve ratio. The overall supply of money that will raise be 1 billion / 0.1.

c.Again, if a 100% reserve banking is exercised by the bank, so the boosted money supply would be the same value as it has been deposited.

d. If half of the value is held by the public and half of the value is deposited with the bank at 10% of the reserves, the supply of money rises by half of the amount which is held by the public in addition of half of the value / reserve ratio that is 10%.

The employment process is carried out by which department?

Answers

Answer:

The hiring process is the process of reviewing applications, selecting the right candidates to interview, testing candidates, choosing between candidates to make the hiring decision and performing various pre-employment tests and checks.

Explanation:

The employment process is carried out by Human Resources (HR) division manages the hiring procedure is department.

The HR department is in charge of handling the entire employee life cycle, which includes hiring, onboarding, training, terminating, and providing benefits to employees.

Reviewing applications, identifying the best applicants for interviews, testing candidates, deciding amongst candidates to hire, and carrying out different pre-employment exams and inspections are all part of the hiring process.

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True or false: Good intuition is just as important as good research. NEED ANSWERS FAST

Answers

Answer:

True

Explanation:

I jus got 100% on the quiz.

Workers are responsible for the production of goods in a business,

but business owners exploit their workers.

A) Workers should revolt,

B) take over the businesses,

C) set up a government to run the economy on their behalf.

Which political thinker would be most likely to agree with this statement

Answers

Answer:

Karl Marx

Explanation:

Many people only remember Marx for his theories about extreme socialist governments that eventually led to communism in other parts of the world. But he actually did understand how capitalism worked, added value theories, the way capital ($) worked, and he believed that capitalism was a necessary stage in the development of society. As an economist he was brilliant, but then he turned into a sort of philosopher.

Problems started when he said that after capitalism had led to an unprecedented economic growth, then it would be time for the workers (proletariat) to take over and lead economic systems. This rule by the working class would eventually lead to a fair society where everyone would be able to prosper.

Marx's economic theories are utopian, they call for a nearly perfect world, but humans aren't perfect. If you like Star Trek, you should recall that the world runs just like Marx wanted to. The economy and living conditions are based solely on your work, that is why the world was able to unite under one single federation. But as much as I would really like to travel at warp speed, it is not possible, and I really doubt that Marx's ideas are possible either.

Consumer behavior is the way that forces shape people's
A. goods and services
B. place and time utility
C. culture and society
D. activities related to buying

Answers

Answer:

D. activities related to buying

Explanation:

Consumer behavior study how individuals and organizations select the goods and services they opt to buy. It tries to understand consumers' motivation, psychology, and behavior as they select preferred goods and services. Consumer behavior is broad and complex. Some of the answers it seeks are

1. How consumers think and choose between various options

2. The behavior of consumers while shopping

3. How the environment (peers, culture, media, social media) influence social media

Which benefit is shared by both Monopolies and Oligopolies?

A. They drive down prices by competing for the same customers.

B. They are highly regulated by the government groups that control them.

C. They have Access to enough capital to operate in high-cost industries.

D. They provide consumers with a wide range of choices for products.

APEX​

Answers

Answer:

C. They have Access to enough capital to operate in high-cost industries.

Explanation:

Both monopolies and oligopolies have some common traits, and one of the most important ones is that they all have a large market power. Their power comes from high entry barriers to the industries in which operate in. Generally these industries are high-cost industries, e.g. it costs billions to build the electric grid of a large city. These high entry barriers decrease or virtually eliminate the possibility of competition.

Answer: They can Harm Consumers by fixing prices.

Explanation:

Just took the quiz on A_pex :) It may not be one of his choices but it could be yours :) Hope this helps, mark it the brainliest pls !

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