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SB

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Briefly discuss any two uses of a business plan.

On Jul 18, 2024


A business plan can have two uses:(1)inducing a venture capitalist to invest more or less and (2)guiding the policies and actions of a firm over a number of years.Therefore,strategies and statements need to be well thought out,unambiguous,and capable of being supported.
SB

Answered

The demand for a monopolist's output is 3,000/(p  2) 2, where p is the price it charges.At a price of $3, the elasticity of demand for the monopolist's output is

A) 1.
B) 2.60.
C) 2.10.
D) 1.60.
E) 1.10.

On Jul 14, 2024


D
SB

Answered

As a general rule, parents are not liable for contracts entered into by their minor children.

On Jun 16, 2024


True
SB

Answered

The chairman of a manufacturing company calls for a general staff meeting to discuss the process of operations. He asks the senior managers to skip the introduction part and move straight to the main topic of discussion. The chairman's attitude shows he is more focused on

A) tasks.
B) persons.
C) communication.
D) relationship.

On Jun 13, 2024


A
SB

Answered

Under a perpetual inventory system acquisition of merchandise for resale is debited to the

A) Inventory account.
B) Purchases account.
C) Supplies account.
D) Cost of Goods Sold account.

On May 14, 2024


A
SB

Answered

One policy recommended by most economists for promoting economic growth in DVCs is the nationalization and protection of domestic industries.

On May 11, 2024


False