8. Discuss the risks a business faces when attempting to increase the profit margin of
a commodity

Answers

Answer 1

Answer:

There are major risks when a company attempts to increase the profit margin of a commodity, first if you buy from a cheaper vendor the quality of your commodity will drop affecting the number you sell on average, But if you raise the costs too much then there is the possibility people would be deterred by the cost.

Answer 2

If you increase the costs too much then there is the possibility people would be demoralized by the cost.

What a is the Margin of Commodity?

There are significant risks when a company endeavors to increase the profit margin of a commodity,

foremost, if you buy from a more affordable vendor the quality of your commodity will decline affecting the numeral you sell on average,

So, Therefore, if you raise the costs too much then there is the possibility people would be discouraged by the cost.

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Related Questions

The __________ rate tells you how much one unit of currency is worth when converted to another currency.

A. Exchange

B. Interest

C. Inflation

D. Compound

Answers

Answer:

the answer is A. exchange

hope this helps

Where in an e-mail would you find information about the action required?
A. In the subject line
B. In the message
C. In the greeting
D. In the To field

Answers

Answer:

The message

Explanation:

Answer:

The message

Explanation:

Rectify the following errors identified in the books of Shyam. The Trial Balance

showed ₹ 875 as an excess debit.

a. The total of debit side of Expenses account been cast in excess of ₹575.

b. Paid electricity bill of the proprietor’s residence was debited to

Electricity expenses ₹1,050.

c. An amount of ₹ 150 entered in sales return book has been posted to the

debit of Verma, who returned the goods.

Pass journal entries for correcting the above transactions and prepare

Suspense Account.
PLEASE ANSWERRR

Answers

Answer:

Part 1

a

Debit : Suspense Account  ₹575

Credit : Expenses ₹575

Reducing the Debit of the Expenses Account by  ₹575

b

Debit : Drawings  ₹1,050

Credit : Electricity expenses ₹1,050

Drawings treated as Electricity expenses now corrected

c

Debit : Suspense Account  ₹ 300

Credit :  Account Receivable - Verma  ₹  300

Sales returns posted on wrong side of Verna`s Account now corrected

Part 2

Suspense Account

Debit :

Difference on Trial Balance                         ₹ 875

Expenses                                                        ₹575

Account Receivable - Verma                      ₹  300

Totals                                                           ₹ 1,750

Credit :

Profit and Loss                                            ₹ 1,750

Totals                                                           ₹ 1,750

Explanation:

Only errors that  affect trial balance totals to not agree will require correction through suspense account.

That said, the errors that do not affect trial balance totals such as Error of Principle, Error of Original Entry do not require to be corrected through the Suspense Account.

The difference in the Suspense Account usually cost more effort to continue to check the records than it is worth it for the firm, hence it is written off to profit and loss account

Anika, a division manager, is purchasing materials to ensure she has enough to meet customers' demands. Anika is engaging in the ________. A) planning function B) directing function C) controlling function D) decision function

Answers

The closest answer would be Planning function

Anika, a division manager, is purchasing materials to ensure she has enough to meet customers' demands. Anika is engaging in the directing function. Thus, the correct option is B.

What is Directing function?

Directing function can be said to be a process in which the managers instruct, guide, and oversee the performance of all the workers of the organization to achieve predetermined goals. Directing function is said to be the heart of the management process in an organization. Planning, organizing, staffing have got no importance if the direction function does not take place properly.

There are four primary elements of the directing function which include supervising, motivating, leadership, and communication. The importance of Directing function include initiating actions, ensures co-ordination, improves efficiency, facilitates change and assists stability and growth.

Therefore, the correct option is B.

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help me please ❤️ question says

what is quarts and gallons?Convert 5 quarts to gallons.​

Answers

Answer: See explanation

Explanation:

The quart is the same as one quarter of a gallon and it is used for measuring liquid. The gallon is also a unit of measurement for liquid as well.

In converting 5 quarts to gallons, we should note that:

1 quart = 1/4 gallon

5 quarts = 1/4 × 5 = 1.25 gallon

What are accounts payable and accounts receivable?

Answers

payable = money owed by a company to its creditors

receivable = money owed to a company by its debtors.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

Accounts receivable are legally enforceable claims for payment held by a business for goods supplied or services rendered that customers have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame.

The fact that there are now more single people going on vacation is a behavioral trend observed in the hospitality and tourism industry.

true or false

Answers

Answer:

true

Explanation:

If you take out a loan, which two things do your loan payments go toward?

A. Income and cash flow

B. Assets and collateral

C. Line of credit and the bank

D. Principal and interest

Answers

Answer:

D. Principal and interest

Which of the following methods is designed to determine the demographics of a particular target market?

Primary market research

Secondary market research

Diversity marketing

Differentiated marketing

Answers

Answer:

B. Secondary market research

Explanation:

Market research can be defined as a strategic technique which typically involves the process of identifying, acquiring and analyzing informations about a business. It involves the use of product test, surveys, questionnaire, focus groups, interviews, etc.

Secondary market research can be defined as a method designed to determine the demographics of a particular target market.

identify two factors that motivated them to become entrepreneurs

Answers

Answer:

Motivating factors, which can be either internal or external to the entrepreneur, classified motivators into four categories: financial rewards (extrinsic rewards), independence/autonomy, personal growth (intrinsic rewards) and family security [4,2]. Motivating factors can also be classified as push or pull factors.

Which of the following is true of brand personalities?

They are not as important as brands' names and logos

They are determined by consumers' perceptions, but influenced by the process of branding

They are determined by the process of branding, but influenced by consumers' perceptions

They are not developed until a brand is nationally known

Answers

Answer:

they are determined by consumer's perceptions, but influenced by the process of branding is answer.

Explanation:

I hope it's helpful!




In early America, the Navigation Acts ensured all imported products came from England. What type of market structure is this an example of?

A) monopoly

B) oligopoly

C) traditional

D) free competition

Answers

Answer:

Monopoly

Explanation:

The monopoly is the market structure where there is only single seller who sells a unique product. Also in this market, there is no competition as the seller is only one who deals in one product and other sellers has nno close subsitutes

So as per the given situation since the imported goods came from england so this represents the monopoly

Hence, the correct option is A.

evaluate whether locating closer to raw materials is the most important factor when locating a business. if not what other factor/s would be more important​

Answers

Answer:

The nature of the major raw material requires to produce the product of the business determines the level of importance attached to locating a business closer to raw materials.

Explanation:

The level of importance attached to locating a business closer to raw materials depends on the nature of the major raw material requires to produce the product of the business.

When the major raw material requires to produce the product of the business is a heavy raw material that cannot be easily transported, locating the business closer to the raw material will be the most important factor.

However, when the major raw material requires to produce the product of the business can be easily be transported, locating the business closer to raw materials will NOT be the most important factor. In this case, some of the other important factors to consider will include proximity to markets; availability of labour; water supply; availability of power, fuel or gas; waste products disposal facility and among others.

Which of the following is a source of risk for businesses?
O A. Stakeholder interests that affect the community
O B. Profit goals that are not realistic
O C. Government regulations that set minimum wages
D. Dividend analyses that show lost earnings

Answers

Answer:

Giver regulations that set minimum wages

Explanation:

A P E X

Why Strategic Planning is an Important Life Skill?

Answers

Answer:

Explanation:

Because if you're able to plan things, its a useful skill for jobs, family planning etc. Its a useful skill to have.

does anyone know any good spells

Answers

Answer:

abra cadabra

Explanation:

What is product positioning?

Answers

Positioning refers to the place that a brand occupies in the minds of the customers and how it is distinguished from the products of the competitors and different from the concept of brand awareness.

Answer:

Product positioning is the process of thinking and communicating about how you want your market to think and feel about your product. Successful product positioning requires your team to articulate.

Explanation:

introduce national employment with its importance and examples​

Answers

Answer:

national employment. Employment created and provided by a national employer, business, company, enterprise, organization or national unity government in various areas of a country. National employment is a vital part of an economic system.

Explanation:

Types of employment

Full-time and part-time employees.

Casual employees.

Fixed term and contract.

Apprentices and trainees.

Commission and piece rate employees.

he government increasing/decreasing its spending and/or increasing/decreasing tax rates would have to do with ________________. *

Answers

Answer:

Fiscal policies

Explanation:

Fiscal policies are the actions of the government of adjusting taxes and expenditure to achieve desired macroeconomics objectives. The government's spending and taxation activities have a great influence on the level of economic activities in the country.

The government has the objective of maintaining stable prices, a low inflation rate,  a low unemployment rate, and steady economic growth. Through its various agencies, the government receives data showing the parameters of each of the macroeconomic variables.  Depending on the state of the economy, the government adjusts taxes and spending to achieve desired objectives.

When an auctioneer decides that no one will bid any higher for the goods on sale, the bidding is closed, usually by

the pounding of the auctioneer's gavel.

True

False

Answers

Answer:

True

Explanation:

An auction is defined as a public sale of properties that considers bids from prospective buyers.

The highest bidder eventually makes the purchase.

The auctioneer calls for bids and when there is an unchallenged bid he pounds the gavel to indicate the item has been sold.

The auctioneer is the seller himself of am agent representing him.

At the start of the auction the seller sets a minimum price before bidding commences

Utility is an important aspect of market research because it can save a company lots of time and money.

true or false

Answers

false , it is important to the market but it does not help its like bills so you don’t really save money

The given statement that Utility is an important aspect of market research because it can save a company lots of time and money is false.

What is market research?

Market research is defined as the process of actively questioning latent customers to find out the viability of a brand-new service or product.

Market research modifies a business to determine its target market and find comments and another input from customers about their involvement in a product or service.

Utility is critical to the market, but it does not support to save money because it is similar to bills.

Therefore, the given statement is false.

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Can Someone Please help me with this ASAP

From the following list of terms, select the one that best fits each definition below. Write your selected word on the lines provided.

Word bank:

feedback
empathy
active listening
credibility
consistency
packaging options
image
interpersonal
initiative
electronic

Questions:
1. One method of recording client requests. ____________________
2. A skill when using appropriate body language. ____________________
3. Good customer service builds the reputation, trust ____________________ of a business.
4. A communication skill needed to understand customers. ____________________
5. An example of choices that customers have. ____________________
6. Personal hygiene and grooming contribute to one’s ____________________.
7. Important in understanding the needs and point of view of a client. _____________________
8. Means reliability and constancy. ______________________
9. Employers appreciate workers who use their own ____________________ when making decisions.
10. When customers provide comments or reactions to customer service. ___________________

Answers

______________

1.One method of recording client requests. electronic. 2. A skill when using appropriate body language. _active listening 3. Good customer service builds the reputation, trust credibility of a business.__________. 4. A communication skill needed to understand customers. interpersonal 5. An example of choices that customers have. _packaging options. 6. Personal hygiene and grooming contribute to one’s_image. 7. Important in understanding the needs and point of view of a client. empathy. 8. Means reliability and constancy. consistency. 9. Employers appreciate workers who use their own ___initiative when making decisions. 10. When customers provide comments or reactions to customer service. feedback

name any three
electronic media that provide information related to various improvement explain their importance briefly​

Answers

Answer:

The three electronic media are television,mobile phone and computer that provide information related to various improvements. Its importance are as follows:

Explanation:

They give us daily information about the incidents occurring around the world. We get to know the trends and information through entertainment. It helps to do assignments and helps in education sectors if used wisely.We can share knowledge and ideas to anyone who is connected in the internet.

When selecting interests/activities to include on your résumé, select those that are _____.


relevant

challenging

interesting

dangerous

Answers

Answer:

When selecting interests/activities to include on your résumé, select those that are interesting.

Explanation:

You don't want to be stuck doing something you hate for a living. I might say challenging since everybody's brains need risk and challenge to develop and mature, but you don't want to k!ll yourself either when it could be easy.

what are the financial manager​

Answers

Answer:

Someone who manages a companies finances/money.

Explanation:

Typically, salary of a job grows when: *
A. amount of time on the job has increased
B. employer likes the employee
C. employee demands a raise
D. motivation, desire, and attitude of an employee grows in a positive direction.

Answers

Answer:

D

Explanation:

motivation, desire, and attitude are the most important aspects when it comes to your job. Having your boss like you is great and all, but it won't get you a raise.

Which shape has exactly two lines of symmetry? A) square B) isosceles right triangle C) trapezoid D) rectangle

Answers

Answer:

D) rectangle

Explanation:

A shape with two symmetrical parts is one that has two sides that equals or have a similar appearance.  Symmetrical shapes have at least two identical sides and can be divided into equal parts.

A rectangle has two equal sides. The lengths are equal, and so are the widths.

What is price skimming?

Answers

Answer:

a strategy where someone sets a high price at first to attract people who like it a lot enough to buy it at that price but slowly lowering it over time so that even people who arent as desperate to buy it will possibly buy it as well.

A. trade-off
B. investment
C. frontier
D. growth ​

Answers

Answer:

The answer is "Option C"

Explanation:

The curve on the graph is also known as the arc, which is used in the connected mixture of perceptual lines to three additional lines in standard dual points. The Frontier production options is a nice graph of all the various output mixture of different products which can be produced utilizing existing techniques and knowledge.

Arkansas permit test?

Answers

Answer:

Arkansas Fines and Limits Permit Practice Test

To take your knowledge exam, you'll need to pay a $5 testing fee, as well as a $40 license fee if you pass.

25 questions. The Arkansas knowledge test, which you must pass to get your learner's permit, has 25 questions. You must correctly answer 20 of them. If you fail the knowledge test, you can re-test in five days.

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