Which statement accurately depicts an advantage that small business has over big business? Multiple Choice If the small business owner can project his business as being big, if not very similar to big businesses that sell in the same industry, then he will realize a significant advantage. The size of the business (small being better in this case) is an important consideration in the management of legal, payroll, and tax concerns. The slower pace of small businesses translates into better quality for its customers. A small business can maneuver and change quicker than most large businesses can. It can react to market conditions and customer concerns much faster.

Answers

Answer 1

Answer:

It can react to market conditions and customer concerns much faster.

Explanation:

Small businesses have either of the the following characteristics

they are privately owned partnerships or corporationsthey are sole proprietorshipthey require less capital they do not have a large number of workforce

Large businesses have either of the the following characteristics

they are usually publicly ownedthey have a large number of workforce

Advantages of Small businesses over large businesses

they are more flexible they have a better customer relationthey are better able to specialise in a particular area there is greater opportunity for employee development

Related Questions

What is the surface area of the Ceral box?
Hight is 30 width is 20 side width is 5

Answers

Answer:

The surface area of the ceral box is 1,500u².

Explanation:

2(30 × 5)+2(30 × 20)= 1,500

30 × 5 = 150

30 × 20 = 600

150 × 2 = 300

600 × 2 = 1,200

1,200 + 300 = 1,500

There's your answer, hopefully it's correct!

What type of business is basically a special type of licensing agreement?
O A. A partnership
B. A corporation
C. A limited liability company
D. A franchise

Answers

The type of business that is a special type of license agreement is a partnership, as there is a legal written agreement between two parties, that grants the right to use trademarks and patents.

A partnership is a business that is shared by two or more entities, where the parties share legal and financial responsibility through a legal agreement.

Partnerships are more effective for businesses operating in the same sector, for the partnership to be more aligned with the business and increase the companies' positioning in the market.

Therefore, in a partnership, the parties involved will specify through a license agreement the distribution of property, profits and losses, responsibilities and their commercial relationship.

The correct alternative is letter A.

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Answer: a franchise

Explanation:

Tennessee Co. conducts business in the United States and Canada. The net cash flows from Canadian operations are expected to be C$500,000 next year. The Canadian dollar is valued at about $.90. The net cash flows from U.S. operations are expected to be $200,000. To reduce the sensitivity of its net cash flows without reducing its volume of business in Canada, Tennessee Co. could:

Answers

Answer: purchase Canadian supplies

Explanation:

A market might have an upward-sloping long-run supply curve if:

Answers

Answer:

a. firms have different costs.

Explanation:

A market might have an upward-sloping long-run supply curve if

a. firms have different costs.

b. consumers exercise market power over producers.

c. all factors of production are essentially available in unlimited supply.

d. the entry of new firms into the market has no effect on the cost structure of firms in the market.

something people buy to protect themselves from losing a lot of money in the event something happens to them or their property is known as:

Answers

Answer:

it is known as: Insurance

What does the phrase "like animals escaped from their caves" imply about the sun's impact on the children?

Answers

the sun being out causes children to come outside and “escape from their homes” to enjoy the sun. without the sun (rain or cloudy weather), children will most likely stay inside

7. A decrease in supply will result in which of the following?
A. Demand changes.
B. Supply changes.
C. Both demand and supply change.
D. Either demand or supply change (or both).

Answers

Explanation:

C. Both demand and supply change

Answer:

It can be both of the demand and supply change.

why is 10 cents earned far more valuable than a dollar found. Critical thinking.

Answers

10 cents is more valuable than finding a dollar i think because of the connection with hardworking , rather earn something than find because are luck isn’t always trusted

The ________ section of an informal proposal may include a request for approval or authorization, a reminder of key benefits, and a deadline beyond which the offer is invalid.

Answers

the answer is “conclusion”

The conclusion section of an informal proposal may include a request for approval or authorization, a reminder of key benefits, and a deadline beyond which the offer is invalid.

What is the conclusion?

The conclusion is the concluding portion of an academic essay. The conclusion should restate your response to the query and succinctly summarize major points. There aren't any fresh ideas or details in it.

If your essay is very extensive, you could need two or three paragraphs to close. A conclusion is the last paragraph of your essay. Usually, a conclusion does one of two things, but it can, of course, do both: the argument is summarized. Some professors anticipate that your conclusion won't include any fresh information.

A strong conclusion section should analyze how well the research objectives were met, provide a comprehensive answer to the issue statement, contrast the findings with the theoretical framework, identify areas that need more investigation, and accept or reject the developed hypothesis.

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On November 2, Kasdan Company has cash sales of $6,000 from merchandise having a cost of $3,600. The entries to record the day's cash sales will include:

Answers

Answer:

$3,600 credit to Inventory. (C)

Explanation:

please mark me brainliest!!

on January 1, Year 1, Pell Corp. purchased a machine having an estimated useful life of 10 years and no salvage. The machine was depreciated by the double declining balance method for both financial statement and income tax reporting. on January 1, Year 6, Pell changed to the straight-line method for financial statement reporting but not for income tax reporting. Accumulated depreciation at December 31, Year 5, was $560,000. If the straight-line method had been used, the accumulated depreciation at December 31, Year 5, would have been $420,000. Pell's enacted income tax rate for Year 6 and thereafter is 30%. The amount shown in the Year 6 income statement for the cumulative effect of changing to the straight-line method should be: ___________

a. $98,000 debit.
b. $98,000 credit.
c. $140,000 credit.
d. $0.

Answers

Correct Answer: D

Explanation:

Choice "d" is correct. A change in the method of depreciation is now considered to be both a change in method and a change in estimate. These changes should be accounted for as changes in estimate and handled prospectively. The new depreciation method should be used as of the beginning of the year of change and should start with the current book value of the underlying asset. No retroactive or retrospective calculations should be made, and no adjustment should be made to retained earnings.
And, certainly, the cumulative effect should not be reflected on the income statement any more. Choices "a", "b", and "c" are incorrect, per the above Explanation: .

In a __________ bond, the arrestee hires a bail agent who posts the amount required and charges a fee for services rendered.

Answers

Answer:

bail

Explanation:

In a _____, the factors of production are owned collectively rather than individually, and no incentives to work harder or to produce quality products are provided.

Answers

Considering the style of government, in a socialistic economic system, the factors of production are owned collectively rather than individually, and no incentives to work harder or produce quality products are provided.

What is Socialism?

Socialism is a style of government that operates so that the community owns all the properties, and every individual receives equally the economic resources allocated by the government.

Therefore, equal sharing reduces the incentives to work harder or produce quality products.

Hence, in this case, it is concluded that the correct answer is "Socialistic Economic system."

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Working capital can be defined as

A. Current assets less current liabilities

B.Capital introduced by the proprietor

C.The capital put to use by the business

D.Capital created by work done

Answers

Answer:

A. current assets less current liabilities

I think this is answer

Explanation:

hope it help you

buy now pay later catalogs for people with bad credit

Answers

According to credit facilities providers, the buy now pays later catalogs for people with bad credit include Ashro, Boscovs, Country Door, Fingerhut, etc.

What is Buy now Pays later?

Buy now Pays later is another name for credit facilities. It is an agreement between borrowers and lenders to get goods or services now in exchange for a commitment to pay at an agreed later time.

There are various Buy now Pays later providers. Some of them include:

FlexshopperBradford ExchangeLeasevilleHSN, etc.

Hence, in this case, it is concluded that various Buy now Pays later providers are out there.

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_ entail(s) the tendency of customers to do nothing or remain locked in on decisions or behaviors they have already made or are living out.In a marketing context, _______________ entail(s) the tendency of customers to do nothing or remain locked in on decisions or behaviors they have already made or are living out.

Answers

There are different aspect to marketing. In a marketing context, Inertia entail(s) the tendency of customers to do nothing or remain locked in on decisions or behaviors they have already made or are living out.

Inertia is simply known as a term that often shows the ability of a physical object to not want change and therefore resist it as much as possible.

In marketing, it is known to be a word used to show when businesses do not work or change their marketing strategies so as to meet growing consumer demands etc.

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The value of the existing venture plus the proceeds from the potential new equity issue is known as: Group of answer choices pre-money valuation post money valuation staged financing the capitalization rate

Answers

It is pre-money valuation

A business is having trouble keeping up with the competition. They cannot
respond to their customers like the competition. Which type of system will
likely be able to help them solve this issue?
A. Transaction processing system
B. Management communication system
C. Management information system
D. Decision support system

Answers

Answer:

D

Explanation:

It costs a petroleum refinery $0. 39 to refine one gallon of gasoline, and $0. 39 to refine one gallon of natural gas. The refinery can sell gasoline for $2. 11 per gallon, and can sell natural gas for $1. 60 per gallon. Due to the refining process, the refinery must produce and sell twice as much natural gas as it does gasoline. If the refinery’s monthly overhead costs, not including production costs, are $180,000, how many gallons of natural gas will the refinery have sold when it breaks even each month? Round to the nearest whole gallon, if necessary. A. 86,957 b. 141,732 c. 148,760 d. 217,392.

Answers

The gallons of natural gas that the petroleum refinery must sell to break even each month is A. 86,957.

Data and Calculations:

Variable cost of refining gasoline per gallon = $0.39

Selling price of gasoline per gallon = $2.11

Contribution margin per gallon of gasoline = $1.72 ($2.11 - $0.39)

Variable cost of refining natural gas per gallon = $0.39

Selling price of natural gas per gallon = $1.60

Contribution margin per gallon of natural gas = $1.21 ($1.60 - $0.39)

Contribution margin per two gallons of natural gas = $2.42 since twice of natural gas must be produced.

Fixed costs = $180,000

Break-even point in units for gasoline = Fixed costs/Contribution margin per unit

= 43,478.26 ($180,000/$4.14)

Break-even point in units for natural gas = 86,957 (43,478.26 x 2) gallons.

At the break-even point, the Petroleum Refinery will not make any profit or loss for both gasoline and natural gas.

Thus, the gallons of natural gas that the petroleum refinery must sell to break even each month is A. 86,957.

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REALTORS®: a. protect and promote the interests of their clients. b. treat all parties honestly. c. promote their interests over their clients' interests. d. A and B only.

Answers

Considering the available options, Realtors are known to have various functions, including options A and B only.

Functions of a Realtor

Generally, Realtors are known to perform many responsibilities, including the following:

Protect and promote the interests of their clients. Treat all parties honestly.Create a real estate contract.Rent, sell or buy properties for clients, etc.

Hence, in this case, it is concluded that the correct answer is option D. "A and B only."

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At the parade yesterday, Kimi sold 24 pink lemonades and 16 iced teas from her food cart. She charged $1.75 more for pink lemonade than for iced tea, and her total sales were $90.
Select the system of equations that represents this situation. Let p represent the price of pink lemonade, and let t represent the price of iced tea..

Answers

Answer:

hi

Explanation:

hi

Kimi sold 24 pink lemonades and 16 iced teas from her food cart. She charged $1.75 more for pink lemonade than for iced tea, and her total sales were $90.The system of equations that represents this situation will be 90=24(t+1.75t)+16(t), where t= price of iced tea.

What is food?

A food is a substance that basically consists the essentials which are needed for survival of a living being like protein, carbohydrate, fat, and other nutrients.

The food or the nutrients is used by the body of an organism to sustain growth and for doing vital processes and to give energy to work. The absorption and utilization of food by the body is important for nutrition and is facilitated by digestion.

The autotrophs or green plants, which convert solar energy to food by the process of photosynthesis, are the main primary source of food for most of the living beings in the earth.

The food is ingested by an organism and assimilated by the organism's cells to provide energy, maintain life, or stimulate growth.

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The construction industry employs about ____ percent of the working people in the United States and Canada.

Answers

40% of working people in the United States as well as Canada

PLEASE HELP !!!!!!!!

Answers

Answer:

Angel do not share in the profit of the business.

No need for collateral .

how do you wheeze?becasue im lost

Answers

Answer:

breathe out, but try to restrict some of the air passage.

Explanation:

i think plz mark me brainliest

Sandra deposits $3,000 at the end of each semiannual period for 12 years at 10% interest compounded semiannually. Determine the amount she will have in the account after 12 years. Round to the nearest cent. A. $133,506. 00 b. $140,181. 30 c. $121,291. 43 d. $70,568. 14.

Answers

The amount she will have in the account after 12 years is $9,675.30

Given information

PV = $3,000

N = 12

M = 2

I = 10%

Future value = PV* (1+i/m)^nm

Future value = $3,000 * (1 + 0.10/2)^2*12

Future value = $3,000 * 3.22509994371

Future value = $9,675.29983

Future value = $9,675.30

Hence, the amount she will have in the account after 12 years is $9,675.30

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Answer: A 133,506.00

Explanation:

what functions are performed through the up/down buttons on 2022 versa’s available advanced drive-assist® display?

Answers

In 2022 Versa’s available Advanced Drive-Assist Display, the functions that can be performed by using the up/down buttons include the following:

To highlight multiple items on the menu screen.To use some primary screens in accessing available secondary screens.

Nissan is an automobile manufacturing company that designs and develop various automobile vehicles such as:

Nissan AltimaNissan PrimeraNissan AlmeraNissan Sentra Nissan Versa

In 2022 Versa’s available Advanced Drive-Assist Display, the functions that can be performed by using the up/down buttons include the following:

1. To highlight multiple items on the menu screen.

2. To use some primary screens in accessing available secondary screens.

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If you were reading sales literature about a mutual fund that claimed its objective is to be a single source investment for most equity investors, it would most likely be describing

Answers

Since the literature claimed that the objective of the mutual fund is to be a single source investment for most equity investors, then, it would most likely be describing a short-term investment

Basically, the mutual fund is classified as a short-term investment because of its duration.

Since the literature claims mutual fund is a single source investment for most equity investors, it hows that it is a short-term investment because the fund are usually purchased for less than say 3 years.

In conclusion, the literature would most likely be describing the mutual-fund as a short-term investment

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Reseller markets consist of intermediaries such as wholesalers that buy finished products and sell them for a profit. True False

Answers

The above is true that Reseller markets consist of intermediaries such as wholesalers that buy finished products and sell them for a profit.

Reseller is one of the major type of business markets which consist of intermediaries, such as wholesalers and retailers, which buy finished goods and resell them for a profit.

Resellers buy goods from manufacturers or producers and sell to the final consumers.

Although they make minor alterations to the goods purchase for resale, resellers do not change the physical characteristics of the products they handle.

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Which it visionary and ceo revolutionized how we communicate with his company named after a fruit?

Answers

Steven P. Jobs, the visionary co-founder of Apple who helped usher in the era of personal computers and then led a cultural transformation in the way music, movies and mobile communications were experienced in the digital age, died Wednesday. He was 56. The death was announced by Apple, the company Mr.

Zach is looking for a homeowners insurance policy for his new house. AAA Insurance company has offered him a plan that insures his home annually for $0.36 per $100 of value in the home. In order to make calculations easier, Thompson’s Insurance lists their annual homeowners insurance premium a bit differently, at $3.63 per $1,000 of value in the home.
Zach’s house is worth $289,000. What should Zach be thinking as he chooses between the two insurance companies?
a.
$3.63 per $1,000 is approximately the same as $0.36 per $100. The premiums for the two insurance companies will be the same.
b.
The annual premium for his house would be cheaper through AAA.
c.
The annual premium for his house would be cheaper through Thompson’s.
d.
Since the two insurance companies list their premiums differently, the two cannot be compared.

Answers

Answer:

B

Explanation:

just did the test and got it right

Other Questions
an example of an Interval training set? What is the equation of a line that passes through the point (1,8) and is perpendicular to the line whose equation is y=x/2+3? are ratios 2:3 and 8:12 equalvelent to eachother A group of preogressives that worked to coreect problems in American life were called If sin x = 0.1 and 270 < x < 360, what is the value of x to the nearest degree? You plan to save $6,500 per year for the next 8 years. After the last deposit, you will keep the money in the account for 6 more years. The account will earn an interest rate of 6.8 percent. How much will there be in the account 14 years from today 1. For this assignment you will print the steps for 8-bit by 8-bit multiplication. 2. Your program should read in two unsigned numbers from stdin, the first being the multiplicand and the second being the multiplier. Your program should verify that both values are within the range 0 to 255. If not, the program should print an appropriate error message and exit.3. Your program should then initialize the simulated registers and echo the input values in decimal and also in binary.4. Then your program should illustrate the eight steps required for multiplication using the same type of step diagrams as given in the lecture notes.5. Finally, your program should print a check section that shows a summary of the multiplication in binary as well as in decimal. See the example below.6. You may write your program in C, C++, or Java. If you choose to work in C, here is an example function that will allow you to represent an n-bit value within an int data type and print out the binary value in "length" bits. It uses the shift right operator and the bitwise and. (You can also choose to use unsigned int as the data type; since you are using only the lower 8 of the 32 bits in an int, there will be no apparent difference between using int and using unsigned int. However, if you choose to use char as the data type, you should use unsigned char to ensure that the compiler generates logical rather than arithmetic shifts.) void prt_bin( int value, int length ){ int i; for( i=(length-1); i>=0; i--){ if((value>>i)&1) putchar('1'); else putchar('0'); } }For example, if you declare acc as an int, then you could call prt_bin(acc,8) to print the 8-bit value in the accumulator.You should format your output to exactly match the output below. 10% of the grade will be awarded for following the same format.Sample Run is given below:multiplicand: 33multiplier: 55c and acc set to 0mq set to multiplier = 55 decimal and 00110111 binarymdr set to multiplicand = 33 decimal and 00100001 binary---------------------------------------------------step 1: 0 00000000 00110111 + 00100001 ^ add based on lsb=1 ---------- 0 00100001 00110111 >> shift right 0 00010000 10011011---------------------------------------------------step 2: 0 00010000 10011011 + 00100001 ^ add based on lsb=1 ---------- 0 00110001 10011011 >> shift right 0 00011000 11001101---------------------------------------------------step 3: 0 00011000 11001101 + 00100001 ^ add based on lsb=1 ---------- 0 00111001 11001101 >> shift right 0 00011100 11100110---------------------------------------------------step 4: 0 00011100 11100110 + 00000000 ^ no add based on lsb=0 ---------- 0 00011100 11100110 >> shift right 0 00001110 01110011---------------------------------------------------step 5: 0 00001110 01110011 + 00100001 ^ add based on lsb=1 ---------- 0 00101111 01110011 >> shift right 0 00010111 10111001---------------------------------------------------step 6: 0 00010111 10111001 + 00100001 ^ add based on lsb=1 ---------- 0 00111000 10111001 >> shift right 0 00011100 01011100---------------------------------------------------step 7: 0 00011100 01011100 + 00000000 ^ no add based on lsb=0 ---------- 0 00011100 01011100 >> shift right 0 00001110 00101110---------------------------------------------------step 8: 0 00001110 00101110 + 00000000 ^ no add based on lsb=0 ---------- 0 00001110 00101110 >> shift right 0 00000111 00010111---------------------------------------------------check: binary decimal 00100001 33 x 00110111 x 55 ---------------- ------ 0000011100010111 1815 Firms A and B plan to collude in an economy for their similar products, which includes the grim strategy for punishment. They plan to set the price of their product at $8. The marginal cost of Firm A is $5 and Firm B is $4.50. If firm A is impatient to earn more profits and Firm B wishes to last in the business for the long-run, which of the following situations would likely occur? A. Firm B reduces the price to $7 causing Firm A to exit the market. B. Firm B reduces the price to $7 causing Firm A to reduce its price to $7. C. Firm A reduces the price to $7 causing Firm B to reduce its price to $4.50. D. Firm A reduces the price to $7 causing Firm B to exit the market. I need help guys thanks so much Lamar has had panic attacks for some time, and when this happens he usually gets a feeling of tightness and squeezing in his chest. As a result he has stopped wearing compression t-shirts when he works out, and usually wears shirts that are one size too big. This attempt to avoid an internal sensation associated with a panic attack is called ______. Which statement best describes this public service campaign On the first day of travel, a driver was going at a speed of 40 mph. The next day, he increased the speed to 60 mph. If he drove 2 more hours on the first day and traveled 20 more miles, find the total distance traveled in the two days. 3. Of the events that you researched in Part II, which do you think was most important to the womens suffrage movement in the United States? Why? Write chemical equations for the reactions that occur when solutions of the following substances are mixed:a. HNO (nitrous acid) and CHNO (aq) ethanolamine, a base.b. HO+ and F- A new PKI is being built at a company, but the network administrator has concerns about spikes of traffic occurring twice a day due to clients checking the status of the certificates. Which of the following should be implemented to reduce the spikes in traffic?A. CRLB. OCSPC. SAND. OID 25x+75 +3x-2 =2+4x-3 +9x-18 1. You ( not be ) ....... any use to me unless you learn to tybe 2. If I ( have ) ..... enought money , I will buy a new skateboard 3.She will be angry if you ( not , tell ) ...... the truth4.If they take their medicine , they (feel) ..... better5 . We ( not , get) .... good marks if we don't learn hard 6.If he ( not , go) .... back now , he will be late7.They ( not / let)..... you in if you come late 8.If you ( not/go) .... away , I'll send for a policeman On a ship the price gift is 24 euros .What is the difference in the price on a day when the exchange rate is 1=2378 what are the effect of longitude any 4 describe the kinds of verb