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What are the indicators of a performing business?
If it is a publicly traded business you can always look at the stock price! But profits, rate of growth, reputation ect.. could also indicate a performing business!
What are the advantages and disadvantages of profit maximization?
The advantages of profit maximization is that creates a cash flow and investors become interested in companies that are maximizing their profits. The main disadvantage of it is that there are risks for business owners involved.An advantage of profit maximization is that it could create a huge increase in cash flow as long as the market remains good. However, a disadvantage is that if the market collapses during a period of profit maximization the business could lose everything.
How does a business affect the local community?
A business in some way always affects the local community. Local businesses should always be careful not to upset any of the community as it is them who will be bringing in the profits for the business. Local businesses should always listen to queries and concerns about their business.
What are some samples of business objectives?
Some samples of business objectives could be sales objectives. Sales objectives allow one to gain increased sales volumes. Increasing productivity is another, it allows for better profits. Improving the quality of a product is good business objective, it allows for better quality control and ensures repeat business.
What is a real life example of a vertical merger?
A real life example of a vertical merger would be the merger of DoubleClick (a web advertising information company) with Google (the largest web search company). However, this could be seen as just an acquisition (Google paid shareholders $3.1 billion USD).
How can a lead generation company help me reach my target audience?
You should have a lead generation company help you to find customers with a specific business profile. This could increase your customer ratings along with profits.
The idea of believed that businesses could increase profits by subdividing tasks among unskilled laborers in the workplace?
Taylorism
What are the indicators of a performing business?
If it is a publicly traded business you can always look at the stock price! But profits, rate of growth, reputation ect.. could also indicate a performing business!
What employees at a local business heard that the business was going to increase its use of information systems. is a valid concern the employees could have.?
some employees at a local business heard that the business was going to increase its use of information systems. is a valid concern the employees could have.
Can monopolies make abnormal profits in the long run?
Yes, they can. Since they have a low amount of competitors. This means the competitors won't be eating up their profits. They can exercise the method of putting a higher price at a lower output, therefore people who really need the product are forced to buy it. or example, if Apple was a monopoly they could increase the price of a mackbook to $4000 and people would still buy it and therefore they are increasing their profits. Monopolies could also put some of their profits in research and development so they will be non contestable and the consumers will appreciate the advanced technology therefore their growth will increase. This will increase or maintain their abnormal profits.
How did the use of steamboats increase trade and profits?
The steamboat is faster that a sailboat so they could ship goods faster than with a sailboat
How could a business make high profits if profit margins are low?
Higher volume and stepping up in the value chain
How does opening up a new business help create wealth?
creating a new business helps crete welth, because: if the product/service is successful then it should hopefully bring in profits, if you have another business that could possibly be struggling creating a another new business is quite a good idea as it can support your older business if enough profits are made, this can be described as diversification!
What is meant by making a business offer?
Making a business offer means that you are making a proposal with another company. It can be for a trade in items or a monetary deal. It could also be the start for some type of merger between companies.
What is the definition of a business or commercial arrangement?
means doing your own investment which makes your profits and gives you an experience that could helps you in your management
How could a stress management program increase a company's profits?
A stress management program can increase a company's profits by reducing absenteeism, improving employee morale and engagement, boosting productivity, and decreasing healthcare costs associated with stress-related illnesses. Employees who are less stressed are more likely to perform better, leading to increased efficiency and ultimately higher profits for the company.
What are the levels of information in business organization?
There are three different levels of business information. 1) Insider information: this is information that is only held by the business, directors and officers of that business. This information is considered "insider information." Using insider information is illegal under the Securities Exchange Act of 1933 and 1934. 2) Semi-public information is the level of information that is known to people that are involved in business. 3) Public information is information that everyone knows. For example, insider information could be a business planning a merger. This information would be very useful to know because investors could dump or buy stock, resulting in a lot of money. When the business announces to the press that they are planning a merger, then the information has become semi-public meaning that the stockholders of that business now know. The information will become public when non-stockholders are aware of the merger.
