How to draw a break even chart?
Answers
Answer:
Drawing a break-even diagram
Do not rush into drawing. Think first, and you will see it is wise to work out the BEQ before putting pencil to paper.
Having read the question you may now start to follow a procedure. You will be given fixed costs, price and variable costs for a product and a period of time. Remember the alternative words for fixed and variable costs.
Explanation:
Step 1 Extract the data
Extract the data required from the question or text. (The use of case study questions and the provision of written stimulus material provides the scope for the 'hiding' of data.)
You should now have identified: FC per period of time, price per unit and VC per unit. Assume you have extracted the following information from your case study:
• FC: $480 000 per month.
• VC: $60 per unit
• Price: $120 per unit
The decision whether a cost is fixed and variable sometimes causes problems. Do not be confused by the title, or name, but look at the units given. If costs are 'per unit' or 'per number made or sold' then the cost concerned is variable. If the costs are 'per unit time', e.g. per year, then the costs are fixed costs.
Step 2 Calculate the BEQ
The break-even formula is relatively simple: see image 1
We have already discussed contribution in some detail and said its full title is contribution to fixed costs and overheads. In a break-even question there are two terms you will probably never see:
• Overheads
• Semi-variable costs
Both these terms add unnecessary complications to the analysis and are not used.
So, for simplicity, we will define contribution here as contribution to fixed costs.
This break-even formula is very logical really. If each unit sold covers its variable (direct costs) and then contributes another $20 to fixed costs, it is very easy to say when fixed costs will be paid, e.g. see image 2
In all of these examples, fixed costs are paid when enough units are produced and sold to generate enough contribution. See image 3
Insert the correct numbers (watch the zero's) see image 4
So we now know that the BEQ is 8,000 units per month. We know where the TC line will cross the TR line. This is a useful check when you construct your graph.
Now we can start drawing, step by step
It is advisable to construct a table before drawing the break-even chart:
Your table should look like this: see image 5
Immediately from the table, it can be seen that the break-even point is 8000 units where TR = TC and profit is zero.
Also notice the patterns in the table which make the calculations easier. For example, for every 2000 units of output:
• VC/TC increases 120 000
• Total revenues increase 240 000
• Profit increases 120 000
Step 3 Fix the X axis (capacity)
You will be able to start drawing very soon!
If you are given a maximum capacity, use that figure. If not, double the break-even quantity is a good guide figure, or 16,000 units in this case.
Now sketch that information. See image 6
Step 4 Fix the Y axis (revenue and costs)
Revenue is usually the greatest figure. In this case the maximum revenue is 16,000 x $120 = $1.92 million (price per unit x maximum possible sales). See image 7
Step 5 Plot the TR axis
This passes through the origin, since there is no revenue if there are sales. You also know that TR = $1.92 million when sales = 16,000 see image 8
Step 6 Add the FC line
Fixed costs are the same, irrespective of output. So mark on the Y axis the value of the FC. In this case it is $480,000. Then draw the fixed cost curve.
Remember, fixed costs are the costs of producing at 'output zero'. See image 9
Step 7 Add the TC Line
You know that this crosses the TR line at the BEQ, and that it starts at the FC at output zero, so draw it. See image 10
You also know that the TC at maximum output of 16,000 units is:
$480,000 + 16,000 ($60) = $1.44 million.
Remember to add labels to the two axes and to give the chart a title! It is no exaggeration; there may be a mark or two available for this. Always take the 'gift marks'.
You now have an exact break-even diagram.
To draw a break-even chart, identify fixed and variable costs, calculate total revenue, plot these on a graph, and find the intersection point where total revenue equals total costs.
Step-by-Step Guide to Drawing a Break-Even Chart
Identify the Fixed and Variable Costs: Determine your fixed costs (e.g., rent, salaries) and variable costs (e.g., material costs per unit).Calculate the Total Revenue: Calculate your total revenue by multiplying the price per unit by the number of units sold.Define the Break-Even Formula: Use the formula Break-Even Point (BEP) = Fixed Costs / (Price per Unit - Variable Cost per Unit) to find the break-even point in units.Draw the Graph: On graph paper or a spreadsheet, create a chart with the x-axis representing the number of units sold and the y-axis representing dollars. Plot total revenue and total costs on this graph.Plot the Fixed Costs: Draw a horizontal line representing the fixed costs, which remains constant regardless of the number of units sold.Plot the Total Cost Line: Starting from the fixed cost line, plot the variable costs as they increase with each unit sold to form the total cost line.Plot the Total Revenue Line: Starting from the origin, plot the total revenue line, which increases with each unit sold.Identify the Break-Even Point: The point where the total revenue line intersects the total cost line is the break-even point. This indicates the number of units that need to be sold to cover all costs.Using these steps, you can effectively create a break-even chart.
Related Questions
Pro and cons of public listed company
Answers
There are both pros and cons of owning a publicly listed company.
Some of the pros are that it is easy to become an owner. All you need to do is buy stock and you are instantly an owner. It is also easy for this company to raise capital because if they need more cash to expand the business they just need to sell more stock.
Some of the cons to a publicly listed company is that you have very little to no control over the company. Shareholders vote on a Board of Directors, who then controls the company. Another con is that the profits are taxed twice. First, the company pays taxes on their profits, and then the shareholders pay taxes on the dividends that they receive.
Final answer:
Publicly listed companies can raise significant capital and enhance their market profile, but they face stringent regulatory requirements and the obligation to disclose quarterly financial reports. This disclosure can be strategically sensitive and promote a short-term focus. Some companies, like Gооgle and Facebооk, have successfully navigated these challenges with their IPOs, while others choose to remain private to avoid these issues.
Explanation:
Pros:
Ability to raise significant initial funding through IPOs, e.g., Gооgle and Facebооk.Access to a broader investor base for funding.Shareholders' ownership and involvement in decision-making.Cons:
High degree of government regulations.Obligation for frequent quarterly reports impacting long-term goals.Strategic information exposure and pressure on short-term profitabilitya(n) is a document used to present one's background,skill sets,and accomplishments
Answers
Answer:
Explanation:
A resume is a document used to present one's background,skill sets,and accomplishments used in job searches.
Answer the following question in your own words:
What is the relationship between organizing and controlling?
How do output control and behavior control differ?
Why is it important for managers to involve subordinates in the control process?
What kind of controls would you expect to find most used in (a) a hospital, (b) the navy, (c) a city police force? Why?
Please answer!!!!!
Answers
Answer:
C
Explanation:
Answer:
C
Explanation:
Whenever Madelyn thinks about being a veterinarian, she experiences a positive, enthusiastic feeling. Because her feeling isn’t based on conscious reasoning, Madelyn identifies the feeling as her _____.
goal
destiny
intuition
only option
Answers
Answer:
The correct option is C. intuition
Explanation:
Intuition can be described as a quality in which a person thinks of something to be right due to his/her instinctive feeling. There is no logical reason for that thing to be right but still, a person understands or believes it to be true. For example, in the above question, Madelyn does not have any conscious reasoning for her being a veterinarian yet it just feels right to her. Hence, this is her intuition.
intuition
Madelyn identified feelings as her intuition.
Further ExplanationCompleting a sentence is an activity carried out in answering a question whose sentence is incomplete. So in completing it must use a word provided in the answer choices.
Intuition is a term for the ability to understand something without going through rational reasoning and intellect. Intuition is the ability of humans to gain direct knowledge or direct insight without first observing or reasoning.
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Grade: Middle School
Subject: Business
keyword : Statement, Intuition
All of the following course requirements must be completed to earn a bachelor's degree at most four-year colleges except
A. electives
B. general education requirements
C. minor requirements
D. major requirements
Answers
Answer: The correct answer is choice c - minor requirements.
Explanation: When a student is working towards earning a bachelor’s degree at most four year colleges they are not normally required to choose a minor. The standard requirements are normally electives, general education requirement and major requirements.
Answer: C
Explanation:
Because major would be for something higher and electives arent common core
Our society is increasingly becoming more diverse. Discuss how this affects you as an individual, an organization, and society as a whole—the benefits and the challenges. What are your views about diversity quotas in colleges (based on gender, ethnicity, etc.)?
Answers
Answer
Hello,
Well, a diverse society is stable and alive with positive dynamics, easy to adapt to changes and always geared towards a positive evolutionary.
As an individual, a diverse society offers greater opportunity for personal and professional growth.
In the society, diverse cultural views can inspire creativity and innovation. A diverse society has a pool of diverse skills base which allows an organization to produce broader and more adaptable range of goods and services.
A challenge in this is that integration across multicultural groups can be difficult due to negative cultural stereotypes. Some countries require navigating visa and application of employment laws that could be challenging requirements.
Diversity quotas in colleges can be outlawed but still allow colleges to consider race in admitting students.
Wish you luck!
Diversity in society has a number of benefits such as it leading to more innovation and creativity.
Why are diversity quotas good?People from different backgrounds have different perspectives and experiences, which can lead to more creative and innovative solutions to problems.
When people from different backgrounds interact with each other, they learn more about each other's cultures and perspectives. This can lead to better communication and understanding between different groups of people.
People from different backgrounds may however have different communication styles and may not understand each other's cultural norms. This can lead to misunderstandings and conflict.
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When considering creditworthiness, which person is likely to pay the GREATEST credit card finance charges if they all charge the same amount each month on their cards?
A) James, who always pays the minimum each month
B) Georgia, who sometimes pays more than the minimum amount
C) Mary Lou, who always pays the full credit bill each month
D) Mark, who usually pays his credit card bill in full, if he can afford to
Answers
James, who always pays the minimum each month, is likely to pay the GREATEST credit card finance charges because he carries a larger balance over time, which leads to more interest accumulation. Hence correct option A.
When considering creditworthiness and who is likely to pay the greatest credit card finance charges, we must look at the payment behaviors of the individuals in question. James, who always pays the minimum each month, is most likely to incur the highest finance charges because he will carry a larger balance over time, leading to more interest accumulation. Georgia, who sometimes pays more than the minimum, and Mark, who usually pays his bill in full if he can afford to, will likely have lower finance charges as they pay off more of their balance regularly. Mary Lou, who always pays the full credit bill each month, will pay no finance charges as she does not carry a balance.
Let's say each person has a balance of $2,000 on their credit card with a minimum payment of $60 (approximately 3% of the balance). If James only pays the minimum, his principal reduction is slower, and he pays interest on a larger balance for longer. If Georgia adds $10 to her minimum payment, she reduces her principal balance more quickly, thus accruing less interest. Mark, if he can afford it, will often eliminate or significantly reduce his balance, minimizing interest charges. Mary Lou avoids all finance charges by paying in full each month.
Credit card debt should be managed wisely to avoid paying excessive interest; consistently paying off the balance in full each month is the most cost-effective method.
6. (a) Outline two forms of assistance given to Entrepreneurs by the government.
(b) Discuss two reasons why the government should assist Entrepreneurs.
(Principles of business) PLEASE HELP THIS IS DUE WITHIN THE NEXT HOUR
Answers
A. One form of assistance given to entrepreneurs by the government is subsidized loans through the Small Business Administration to help get started. Local governments may help entrepreneurs by giving them tax incentives like not charging them property taxes for a set period of time if they locate their new business in their town or county.
B. The government should assist entrepreneurs because new businesses normally mean new jobs, and it is very important to keep the job market healthy. Another reason that they should help entrepreneurs is because small businesses often make big contributions to society, so by helping the small businesses they are helping people in general. For example, a small business that takes care of elderly people in their home are improving the quality of life for the elderly people so that they don’t need to move to a nursing home.
Why would mediation cost less than court trials? Check all that apply.
1. It does not require attorney fees.
2. Mediation fees do not equal attorney and court fees.
3. Mediation is not as effective as a trial.
4. Mediators try to solve cases by negating laws.
LAW
Answers
The correct answer is choice 2.
When two parties enter into mediation they will work with a mediator to solve their problem. The fees that they incur during mediation are much less than what they would incur if they were to prepare for and go through a trial.
Although mediation does not require an attorney, both sides normally will work through mediation with their attorney. The attorney are often even present at mediation.
Final answer:
Mediation costs less than court trials primarily because it requires lower or no attorney fees and the overall mediation fees are less than the combined cost of attorney and court fees.
Explanation:
Why Mediation Costs Less Than Court Trials
Mediation is often less expensive than court trials for several reasons. First, mediation does not typically require the same level of formal legal representation, which can reduce or eliminate attorney fees. Second, the structure of mediation fees are generally lower and do not equate to the combined cost of attorney and court fees required for a trial. It is important to note that mediation is a different process from a trial and is not about negating laws, but rather about finding a mutually acceptable solution between parties. Mediation's effectiveness is based on its collaborative approach rather than an adversarial one found in trials, which does not make it less effective, just different.
What type of Credit allows you to borrow a specific amount and agree to pay in a specific number of payments of equal amounts?
Answers
bloting i think it is thatn
Answer:
The correct answer is Installment.
Explanation:
There are many types of credits you can ask for, one of them is the Installment credit. This credit consists of a loan that will be paid month by month in equal amounts of money until the debt is paid.
The advantage of this loan is precisely that the payment of each month is fixed, and will not change.
These loans usually have a longer duration to finish paying off the debt, an example of this type of loans is a mortgage.
To apply for a loan you must have a good previous credit record, an annual increase that is appropriate for the loan you are applying for and a stable employment or source of income.
Given this information, we can say that the correct option is Installment.
Carmella has a small workshop where she has equipment to make ceramics. Much of the equipment was purchased 10 years ago. Recently, her workshop had a fire that destroyed a lot of her equipment. The insurance company has said that it will reimburse her for the amount she paid for the equipment 10 years ago. What type of insurance coverage was Carmella lacking?
Question 4 options:
Umbrella
Workers' compensation
Business interruption
Replacement cost
Answers
This is known as replacement cost coverage.
Rather than present value coverage which would reimburse for the depreciated value of the equipment, the replacement coverage will pay the full purchase value.
Answer:
The correct answer would be Option D, Replacement Cost.
Explanation:
Carmella has a workshop where she has equipment to make ceramics which were purchased 10 years ago. Her workshop had a fire which destroyed a lot of her equipment. Insurance company just paid the amount she paid for the equipment 10 years ago. So she is lacking the Replacement Cost Coverage, because if she would have replacement cost coverage, she would have got full money reimbursement for the equipment destroyed in the fire. But because she didn't do that insurance, she would only get the amount she paid 10 years back.
How much alcohol by volume must a drink contain to be considered an alcoholic beverage
Answers
A beverage with more than a half percentage alcohol is considered an alcoholic beverage. Any lower than half and it's considered non-alcoholic.
Hope this helps,
Davinia.
An alcoholic beverage is any drink, other than water, that has an alcohol content of more than 1.2% alcohol by volume (vol).
What does a proof number indicate about the alcohol percent in the product?The proof range in times of the percentage natural alcohol in that liquor. For example, eighty-proof liquor includes forty%, and 100 proof carries 50% of the natural ethyl alcohol.
Phrases on this set (33) An alcoholic beverage is alcohol, or any beverage containing multiple-half of one percent of alcohol with the aid of quantity, that's able to use for beverage functions, both on my own or when diluted.
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Select all the correct answers
Amber is writing to an accountant that she would like to interview to gain information about the career field. What information should she include in her letter?
A.a request for a list of contacts that she could gain also interview
B.a request to meet for 15 minutes to gain firsthand advice
C.an explanation of why she is leaving her current job
D.a list of questions she intends to ask in the interview
E.a copy of her resume and cover letter
Answers
D and E are be the correct answers
Answer:
The correct answer would be B and E, A request to meet for 15 minutes to gain firsthand advice and A copy of her resume and cover letter.
Explanation:
Amber wants to gain knowledge about her career, and for this she wants to take interview of an accountant. For this she is writing a letter to him. So she should include the request to meet her for 15 minutes so that she could gain a firsthand knowledge from him about her career. She may get some advice about the market. Also she should include her resume and cover letter to let the accountant know about her education and goals in life, so that the accountant could easily have a look at her career goals and give him advice accordingly.
Match each situation with the contracts or documents that the individuals will sign.
Answers
Bob - Mortgage agreement
Libby- Passport
Joseph - Title
Debby- Will
Answer:
Title: Joseph purchases a vehicle and retains the document until he sells the vehicle.
Will: Debby has signed a personal document and has left it with her attorney. In the document, she lists her wishes for her estate on her death.
Mortgage agreement: Bob borrows money from a bank to buy a property and retains the document until he has paid off the loan completely.
Passport: Libby shows this document to prove her identity while she travels abroad.
Explanation:
The documents were matched to each situation according to their meanings:
-Title is a document that indicates the ownership of an asset.
-Will is a document in which a person indicates how his/her properties should be distributed after his/her death.
-Mortgage agreement is a contract someone has with a financial institution in which the property is a guarantee for the payment of the loan and the lender can take the property if the loan is not paid.
-Passport is a document issued by the government that proves the identity of a person and it is used when traveling abroad.
Which type of business can most easily raise financial capital?
a corporation
a limited partnership
a sole proprietorship
a general partnership
Answers
The answer is A corporation
Answer:
A
Explanation:
just took the quiz
In 150-words, explain what happens in an economy when the financial markets limit access to capital. How does this affect economic growth and employment
Answers
Explanation:
Financial markets limit access to capital in times of inflation to ease the market. Limit access to capital means that it becomes harder for companies to borrow capital. The interest rate is also increased. This limitation to access capital results in a slowdown of the growth of an economy and further results in increased unemployment rate.
When firms are not able to borrow money for their investments, their growth slows down and in a recession they are forced to layoff workers which results in an increase in unemployment rate. Decrease in the over production in an economy slows down the economic growth of the economy.
Limited access to capital can restrain businesses from making physical capital investments, thus lowering economic growth and increasing unemployment. Lower incomes resulting from layoffs reduce consumer demand, leading to further layoffs and overall economic decline. Whereas, healthy financial markets see an increase in physical and human capital, leading to economic growth.
Explanation:When financial markets limit access to capital, businesses are restrained from making physical capital investments, which are critical in stimulating economic growth and employment. If businesses cannot acquire necessary funds, they invest less in infrastructure, technology, and workforce, thus slowing down expansion. This could lead to retrenchment of workers, as companies struggle to manage their resources more tightly.
As employee income decreases due to the layoffs, the purchasing power of consumers reduces, causing a decrease in demand for goods and services. This cyclically affects the businesses again, forcing further layoffs and the tightening of their budgets. This compounding effect leads to an overall slowing down of economic growth and increased unemployment.
On the contrary, in a healthy economical climate, both individuals and businesses are incentivized to acquire and increase their physical and human capital. This results in macroeconomic growth, resulting from individual and business decisions within a market structure that fosters competitiveness and encourages innovations.
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Provide an example of economic regulations that a government might put into place and why
Answers
The Government regulates the sale and research of prescription drugs in order to promote safety and fair practices in the healthcare industry.
Push technology is used in a variety of Web-based advertising and marketing initiatives. True False
Answers
The answer is true.
Push technology is used in web based advertising and marketing.
If you wanted to make and sell a new product, which kind of economic system would be best for your business? Explain
Answers
marketing economic system would be best because of the fact that it is prioritized in the making and distributing of products.
If it helps, then plz mark me the brainlies answer. ;)
The best economic system for making and selling a new product is a market-based economy, or capitalism, where private ownership and market forces drive business decisions and production.
Explanation:If you wanted to make and sell a new product, the best kind of economic system for your business would likely be a market-based economy, commonly referred to as capitalism. This system emphasizes private ownership of productive resources and relies on market forces to determine what to produce, the price, and which firms will thrive. In a market economy, as a business owner, you have the freedom to innovate and respond to consumer demands. You can maximize your profits by changing with the market conditions.
In contrast, government-based or command economies decide what will be produced and set prices, which can lead to inefficiencies and shortages of goods that are not deemed profitable by private firms. Market economies are also capable of reaching equilibrium effectively through the forces of supply and demand, although they are not without challenges such as potential market failures or the underproduction of certain goods, as with the tetanus vaccine example.
Given these considerations, a market economy offers the best environment for starting and running a business, where entrepreneurship is rewarded, and consumer preferences drive production and sales.
If fabrice has a 1200 balance on his credit card this month and an apr of 20%, his interest charge for this month will be
Answers
If Fabrice has a 1200 balance on his credit card this month and an apr of 20%, his interest charge for this month will be?
APR is the annual percentage rate of interest being charged to Fabrice annually, or yearly. To find the monthly percentage rate divide the annual rate by 12 months. If his APR is 20% he pays 1.67% of interest each month on the card. Fabrice interest on a $1,200 balance is $19.20.
To calculate the monthly interest charge for Fabrice's credit card with a balance of $1,200 and a 20% APR, divide the APR by 12 to get the monthly rate, then multiply by the balance, resulting in an interest charge of approximately $20.04 for the month.
Explanation:If Fabrice has a balance of $1,200 on his credit card and an Annual Percentage Rate (APR) of 20%, the interest charge for this month can be calculated using the formula for simple interest (since we are only looking at a one-month period). Typically, to calculate monthly interest, you would divide the annual rate by 12 (to account for the 12 months in a year) and then multiply that by the balance. Therefore, the monthly interest rate is 20% divided by 12, which is approximately 1.67%.
To find the interest for the month, you would multiply the balance by the monthly interest rate:
$1,200 × 0.0167 = $20.04. Thus, Fabrice's interest charge for this month will be approximately $20.04.
Why is it important to measure the performance of the economy?
to protect the savings of bank depositors
to keep prices low
to encourage low-risk investments
to help government planners make good decisions
Answers
to help government planners make good decisions is the best option
Out of the choices provided above, it can be said that it is necessary to measure the performance of an economy to help the government planners make good economic decisions in the society. Therefore, the option D holds true.
What is the significance of economic decisions?An economic decision can be referred to or considered as a decision that is taken with an intention of bringing or implementing economic growth or development in the society. Such decisions are generally taken by authorities of economy in the society.
In societies, where the control of economy is in the hands of the government, then its planners analyze the regular performance of an economy in order to implement better economic decisions for the upcoming financial period.
Therefore, the option D holds true and states regarding the significance of economic decisions.
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What is the basis for a decision on an unsecured loan?
A) collateral
B) creditworthiness
C) current lines of credit
D) home equity
E) all of the above
Answers
The answer is B for this answer
One disadvantage of an environment of low interest rates is that
Answers
Answer:
you can be benefit
Explanation:
C) One disadvantage of an environment of low interest rates is that people have less incentive to save money in banks.
The correct answer is: people have less incentive to save money in banks. When interest rates are low, the returns on savings and deposits are minimal. This discourages people from saving their money in traditional savings accounts, as the interest earned is not substantial enough to make it worthwhile.
Low interest rates encourage borrowing and investing because the cost of financing investments is cheaper. However, this can lead savers to seek higher returns through more risky investments, which may not always be optimal for everyone.
Complete question
One disadvantage of an environment of low interest rates is that
A) prices tend to fall too fast.
B) market volatility scares away investors.
C) people have less incentive to save money in banks.
D) investments in stocks and other securities becomes less attractive.
As of the 90's, by up to what percentage do the wages of male and female employees in the marketing industry differ?
Answers
As of the 90's. The percentage that the wages of male and female employees in the marketing industry differ is 54%.
What is wages?Wages can be defined as the money a person or an individual earn on a per week on a daily basis.
In the 90's the different in wages for both males and females employees differ by 54% based on the fact that the wages males and females employee earn on a daily or weekly basis was not the same because female earn less than the men.
Therefore the percentage that the wages of male and female employees in the marketing industry differ is 54%.
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Mitchell is assisting the Accounts Manager in a project by entering information in the spreadsheets. What types of data can Michelle enter in to the cell?
A. graphs and charts
B. formula and values
C. graphs and values
D. formula and charts
Answers
Data can Michelle enter into the cell is values, labels and formulas into a spreadsheet. Option (B) is correct.
What do you mean by Graphs?In mathematics, a graph is defined as a pictorial representation or diagram that organizes data or values.
Microsoft Excel is a spreadsheet program that is part of the company's Office product line for business applications. Users can format, organize, and calculate data in a spreadsheet using Microsoft Excel.
Microsoft Excel includes a variety of features for performing various operations such as mathematical calculations, graph tools, pivot tables, macro programming, and so on.
Therefore, Option (B) is correct.
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What potential problems might you have while driving a large vehicle ( drivers ed )
Answers
you'll wreck obviously -_-
Several problems. anything in the steering rack breaks, its gonna be one heck of a day. Jake brakes go bad quick. clearance and gas mileage being more issues. small spaces you cant fit into
Imagine that a company decides to try a new form of online marketing and advertising. What is the MOST likely impact this will have on production? A) It will have no impact on production. B) It will cause the quantity of output in production to increase. C) It will cause the quantity of output in production to decrease. D) It will cause technology, labor, and capital in production to increase.
Answers
The impact a new form of online marketing and advertising will have on a company is determined by the efforts they take to overcome obstacles. If the marketing and advertising plans go smoothly and there is an increase in consumer base, then there will likely be a quantity output increase for the products.
Out of all the business types you learned about,is the most complex in order to form.
Answers
Ranging from a sole proprietorship to a business corporation, a business corporation in the most complex type of business to form. Corporations are for-profit operations formed under the laws of a particular state and regulated by that state, as well as other agencies depending on what the business does.
Answer:
The correct answer would be 'Corporations Businesses'.
Explanation:
There are many forms of businesses. These forms include Sole proprietorship, Partnership, Corporations, Limited Liability, Private Limited, etc. Out of all these, Corporations are considered the most complex form of business. This is because of the fact that there are many people involved in it as Directors and shareholders. There are a lot of legal formalities involved in forming the corporations. Decisions cannot be made by one person solely rather it must need the consent of directors' majority. The stocks of the corporations are available for the general public who enjoy dividends on their share almost every year.
how do i create a successful ad for a shopify store
Answers
Answer
Hi,
First install the social media marketing app, set up an account with customized followers for your campaigns and lastly use the marketing section on the shopify admin part to create the campaign.
Explanation
First, a user has to understand the basic requirement for social media marketing apps such as a having a published social media page for the business. Well, on the shopify admin section select marketing, then create a campaign for the add while choosing the carousel ad option. Set up a campaign for marketing using the app. On the settings, ensure you select the target country for your audience and confirm that the ad is billed to that specific add account. Then you are good to go!
Hope this helps!
To create a successful ad for a Shopify store, understand your target audience, craft a clear and compelling message, use attention grabbing visuals, and measure ad performance using analytics.
Explanation:Creating a successful ad for a Shopify store involves understanding your audience, crafting a clear message, and focusing on visuals. First, understand your target audience's needs and interests. You can use demographic information, customer reviews and feedback to identify these key insights. Next, craft a clear and compelling message that communicates the benefits of your products or services. This should include a strong call-to-action, encouraging the audience to visit your Shopify store.
Moreover, make sure to use attractive visuals in your ads. Utilize high-quality photos or short videos of your products. Remember, the visuals should complement your messaging, not detract from it. Try to achieve a balance between the two. Lastly, use analytics to measure the performance of your ads. This will help you understand what's working and what's not, enabling you to make necessary adjustments to your ad campaigns for increasing sales in your Shopify store.
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Which of the following is an award of money that students do not need to pay back?
A. A grant
B. A fee
C. A Direct PLUS Loan
D. ADirect Stafford Loan
Answers
It is a grant if that will help u
Which of the following is an
award of money that students
award of money that students