i. Rohit after doing his graduation has decided to run a retail shop as a source of livelihood.
ii. He procures the goods from the wholesalers according to the consumer's demand and
maintains a regular supply of goods to his customers.
[5]
TGIS-Raipur
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iii. Customers are well satisfied with his services due to which his sales turnover is very high
and he is earning a good return on his capital employed.
iv. Seeing his Successful business, two other retailers have also opened their shops in the same
area giving him tough competition reducing his market share and margin of profits. But
Rohit knows, in spite of his best efforts put into the business, there is always the possibility
of inadequate profits or losses.
a. Identify the economic activity Rohit is engaged in.
b. Enlist the features of identified economic activity with reference to the underlined words
in each sentence given above.

Answers

Answer 1

Answer:

b

Explanation:

just had the same question

Answer 2

Answer:

a-business is the economic activity

b-features are

profit earning- as it js essential for survival growth and expansion of business

dealings in goods and services on a regular basis - and not merely one single transactions of sale or purchase


Related Questions

In a small, closed economy, national income (GDP) is $750.00 million for the current year. Individuals have spent $300.00 million on the consumption of goods and services. They have paid a total of $250.00 million in taxes, and the government has spent $400.00 millionon goods and services this year. Use this information and the national income identity to answer the questions.How much is spent on investment in this economy?

Answers

Answer:

The amount spent on investment in this economy is $50 million in the current year.

Explanation:

This small or enclosed economy can calculate its Gross Domestic Product (GDP) through various approaches.  There is the income approach, the expenditures approach, and the output, value-added or production approach.  They give the same results.   The GDP measures all of an economy's products and services using the above mentioned approaches.

Scenario 1
For years, a small country has been plagued with annual measles epidemics. Its government works with
scientists from around the world to distribute a vaccine to the vast majority of citizens in all parts of the nation.
Within a few months, workers return to their jobs and children return to school.
Scenario 2
In a neighboring country, most girls have attended school on a regular basis until the age of 12. The recently
elected president, however, has just announced his intention to increase the age of mandatory schooling for girls
to 16. As a result, a major foreign electronics producer announces its intention to open a factory in the country
within five years.
How have these two governments used investment in human capital to increase economic growth in their countries?

Answers

Answer:

The first country invested in health care. It eradicated an epidemic that was weakening its present and future workforce. Its investment was successful because it made people productive again. The second country recognized the potential for productivity in young girls. By taking steps to train and educate them, the government made them eligible for quality employment. The second country’s investment was successful because it strengthened its workforce and attracted foreign investment.

Explanation: sample answer

Answer:

The first country to make a health care investment. It eliminated a disease that was harming its workers both now and in the future. Its investment was successful because it restored productivity among its beneficiaries. The second counntry acknowledged young girls' potential for productivity. The government prepared and educated them in order to give them access to high-caliber employment. The investment in the second country was successful because it boosted its workforce and attracted outside the capital.

Explanation:

Edmentum Sample answer but worded differently :)

Adrienne is part of the senior management team at a company in which ____________ since her appointment __________ both morale and client-satisfaction have dramatically improved. Among her driving principles are the idea that people work better when they are both motivated and empowered to reach their goals, that each team member must contribute fully, and that when she has to make a key decision, everyone knows why she is making it. She is a useful example of how __________ works.

Answers

Answer:

improvements were clearly evident; as; democratic leadership style

Explanation:

What this means is that;

"Adrienne is part of the senior management team at a company in which improvements were clearly evident since her appointment, as both morale and client-satisfaction have dramatically improved. Among her driving principles is the idea that people work better when they are both motivated and empowered to reach their goals, that each team member must contribute fully, and that when she has to make a key decision, everyone knows why she is making it. She is a useful example of how democratic leadership style works."

Note, a democratic leadership style is one in which the manager or leader allows participation from his subordinates; in other words, it is a participative form of leadership.

Loptech, a technology firm, wants to issue bonds for investment purposes. Loptech has one of the best credit ratings in the industry. Market rates for debt instruments average at .5% interest. Based on its credit rating, Loptech would likely sell bonds that pay _____.


0.25%

Indeterminable with current information

0.5%

0.75%

Answers

Answer:

The best option available is:

0.25%

Explanation:

Since Loptech has a great credit rating, it will pay a very low interest rate, at least lower than the average. Since the average interest rate is 5%, you should expect them to pay less than 5%. You cannot determine exactly what interest rate they will pay but if we consider the available options, the best choice is 0.25%.

Credit ratings work similarly for people and companies, e.g. the average interest rate charged by credit cards is around 14.5%, but people with very high credit scores, like 800 or so, will generally pay between 8-10% interest rates, while people with very low credit scores will pay over 20%.

How do office assistants show enthusiasm?

Answers

Answer:

I think things you can do to show enthusiasm are:

1. showing in your work (even if it is not your favorite)

2. Think on the bright side.

3. Smile, sit up straight, make eye contact with co-workers, and talk in a upbeat manner.

Hope this helps!!!

Select the correct answer.
Read this excerpt from a college entrance essay:
I started a small landscaping business last summer so I could help pay for my hockey uniform and the program fees. Landscaping is hard work,
especially on hot summer days. But I enjoyed being outside and I liked earning some extra money. By the end of the summer, I doubled the
number of my clients, and I paid for new skates. So through this small venture, I glimpsed the rewards that come with being an entrepreneur
What conclusion does the writer make in this paragraph?
A Mowing lawns can be hard work, but it's worth the money earned,
OB. The experience helped the writer learn the benefits of starting a business,
OC. The writer was able to double his or her client base through hard work

Answers

The conclusion that the writer made at the end of the story is that  The experience helped the writer learn the benefits of starting a business.

What is the summary of the excerpt?

The writer takes the reader through the journey of how she started a business and the way she got customers for the business.

The ending of the story tells us that she looked on at the rewards she got from the act of starting the business at the end of it. Hence option B is correct.

Read more on entrepreneurship here:

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Which situations offer examples of Banking and Related Services workers? Check all that apply.

Anna analyzes loan applicants to decide whether to give them loans.
Aaron helps customers put money into and remove money from their accounts.
Jared researches the credit history of people applying for credit.
Tamara reviews the finances of a business to determine whether it is profitable.
Raquel helps individuals and companies prepare their tax forms.
Troy helps a family create a budget to save more money.

Answers

Anna provides loan applicants to decide to give them loans, put money into and remove money from their accounts and Jared researches the credit history, hence options A, B and C are correct.

What are Banking and Related Services workers?

The five most significant banking services include checking and savings accounts, loan and mortgage services, wealth management, issuing credit and debit cards, and overdraft services.

An individual who works for a bank and assists customers with standard financial transactions is known as a bank teller or bank clerk.

They do daily tasks that include processing withdrawals, making deposits, and giving customers of bank money orders or cashier's checks.

Therefore, these services also comprise analysis loan applicants with basic features and a device for utilizing the account (such as a debit card and online banking ID), hence options A, B, and C are correct.

Learn more about banking, here:

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Answer:here the answer for this question

Explanation:edge2023

Need help on a question inbox us and ask !

Answers

ok I will right now jitjit

Definition of Diversification-

Answers

Answer:

the action of diversifying something or the fact of becoming more diverse

Explanation:

I’m assuming this question is within the context of business or economics so I’ll frame my answer accordingly. Diversification is varying your portfolio(the investments you make or in a business’ case, the services they) to help lower the overall risk you take on. An example of this is a company that offers invests in oil, hotels, and restaurants. If the oil industry took a dive, the firm would not go under cause of revenue from its other investments.

The prosecutor replies that the Bill of Rights does not protect you from state actions. Is the prosecutor correct? Why or why not

Answers

Answer:

I would say no, because the bill of rights refers to ALL Americans. I might be wrong tho.

2. Which of the following is NOT considered as a characteristic of an entrepreneur?
a. Copes with failure
c. Persistent
b. Dependent
d. Opportunity seeker

Answers

Answer:

Dependent

Explanation:

Analyzing the given options one after the other.

- Cope with failure: As an entrepreneur, one should be able to cope with failure. One should see failure as a setback but rather as a stepping stone to bounce back.

- Persistent: A person who is to be called an entrepreneur has to be determined to succeed and never relent.

- Dependent: An entrepreneur is an independent person and never relies on others for survival.

-Opportunity Seeker: An entrepreneur constantly seek for opportunities and immediately grasp it whenever he sees one

So, the odd one out of the given options is Dependent

All of the following are examples of secondary types of data except:
A. U.S. Census data
B. Consumer Reports
C. test market
D. Rotten Tomatoes (movie reviews)

Answers

C. Test market might be the answer

f your own idea,why does a business exist.?​

Answers

If F my own idea, why do Businesses exist? to get that paperrrrr

Don't take this seriously, this is a joke.

Which emotion is an employee most likely to communicate to a customer on the telephone if the employee begins to talk more quickly and loudly in response to the customer's questions? o encouragement O satisfaction O impatience O clarity ​

Answers

Answer:

Impatience

Explanation:

The employee speaking faster is telling the customer that they are in a hurry.

if the employee begins to talk more quickly and loudly in response to the customer's questions It will make customer feel impatience . Hence option C is correct .

What is Impatience talk ?

It is impatience because this feeling exhibits signs like speaking loudly and fast to convey that your message is obvious but also that you are weary of discussing anything at the same time.

When someone is impatient, they lose patience and start speaking quickly to finish anything they first feel they have repeated or that they just don't want to say.

How to talk with your Customer ?

You must always keep a professional attitude and manner when dealing with clients. Not just what you say, but also how you say it and how you carry yourself are part of this. Without the appropriate subtlety and business etiquette, communicating with a client could result in your firm losing business. discovering

Learn more about Customer here

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Ben and Molly are married and will file jointly. Ben generates $300,000 of qualified business income from his single-member LLC (a law firm). He reports his business as a sole proprietorship. Wages paid by the law firm amount to $40,000; the law firm has no significant property. Molly is employed as a tax manager by a local CPA firm. Their modified taxable income is $381,400 (this is also their taxable income before the deduction for qualified business income). Determine their QBI deduction for 2019.

Answers

Answer:

$14,400

Explanation:

QBI deduction can be as much as 20% of QBI but it cannot exceed 20% of taxable income before QBI deduction and/or capital gains.

QBI deduction also starts to phase out if the couple's income is higher than $321,400 (for 2019).

phase out = 1 - [($381,400 - $321,400) / $100,000] = 1 - 0.6 = 40%

we must choose the higher between:

tentative QBI deduction based on W-2 wages = 50% x $40,000 x 40% = $8,000

                     or

QBI deduction based on capital investment limit = (25% x $40,000 x 40%) + $0 (no qualified property) = $4,000

allowable QBI deduction:

($300,000 x 20% x 40%) - {[($300,000 x 20% x 40%) - $8,000] x (1 - 40%)} = $24,000 - [($24,000 - $8,000) x 0.60] = $24,000 - $9,600 = $14,400

what is an economic and non economic activity explain me in short and give one example each​

Answers

Answer:Economic activities are those activities of man which are undertaken for earning money. Whereas non economic activities are those activities that are not undertaken for any monetary gain.

Explanation:

Which of the following is one of the basic functions of government
accountants?
A) Government accountants file tax returns for government agencies.
B) Government accountants purchase equipment for Congress.
C) Government accountants keep track of how government agencies use taxpayers money.
D) Government accountants create businesses laws and regulations.

Answers

Answer: A) Government accountants file tax returns for the government agencies.

Answer:

D

Explanation:

Raphael is buying salad and pizza for a company lunch. Suppose that a bowl of salad costs $5.00, and a slice of pizza costs $3.00. Let E be the amount in dollars that Raphael spends on salad and pizza. If Raphael buys S bowls of salad and P slices of pizza, then the total amount of money he spends ( E ) can be represented by the equation_______________________ . Now rearrange the equation you wrote above so that P is written in terms of E and S . The quantity of pizza he buys can be represented by the equation P=E−($5.00×S)$3.00 . Suppose Raphael has $30.00 to spend on salad and pizza; that is, _________________.

Answers

Answer:

The answer is "[tex]\bold{E = \$ 5.00S+\$ 3P \ \ \ and \ \ \ E = \$ 30}[/tex]".

Explanation:

Assume that person-person C is still there. He purchases 2 things – salad (S) and pizza (P).  Salad (PS) cost five dollars and pizza cost(Pp) three dollars.  Let E is the cumulative dollar amount spent on both S and P by Individual C. Look for a cumulative sum of money he pays, represented by E.  

Absolute spending equals the amount of good S expenses and good P expenses.

[tex]\to E = \$ 5.00S+\$ 3P[/tex]

In E and S, compose the P equation.  

[tex]E=\$ 5.00 S+\$ 3P \\\\3P=E-\$ 5.00 S \\\\P= \frac{E - \$ 5.00S}{\$ 3.00}[/tex]

Therefore, the required equation is:

[tex]P= \frac{E - \$ 5.00S}{\$ 3.00}[/tex]

Person C will have $30 to spend on the goods E = $30.

I will give out the brain thing (idk what it’s called) to whoever has the best answer on getting it. It can be serious, funny, sad, etc. Good luck!

Answers

Buy a visa card from a store add money on it and buy brain thing  with it

Why does this have me so confused hahahah

wazzi is a national clothing store chain that sells clothing to all age groups. The CEO wants to make the most of the company's advertising dollars, and feels that increasing Swazzi's investment in online advertising would provide better value. In the past, Swazzi has contracted with an outside marketing firm to place banner ads. However, Swazzi has not analyzed the data to determine whether the ads were effective.As marketing director, your job is to analyze the available data, make recommendations, and then evaluate again after your recommendations have been applied.

Answers

Incomplete question. The remaining part of the question reads;

Your first task is to analyze the existing sales data and decide how to make the most of your online advertising budget. The chart displays the cost and revenue generated by three different online ad campaigns.

Which of the following campaigns is producing the highest revenue per dollar spent?You realize that there may be another way of measuring the success of the current campaigns. Taking another look at this chart, which campaign is generating the highest number of clicks per dollar spent?

Answer:

Campaign ACampaign C

Explanation:

1. Based on the details provided it could be observed that campaign A is generating the most revenue per dollar spent because after dividing the revenue generated by the cost ($12000/$1250 =$9.6) we notice it is the highest revenue per dollar spent.

2. In terms of which is generating the highest number of clicks per dollar spent, Campaign C appears to be best in this regard. Consider, $1750 was spent on campaign C and it was able to generate 2000 clicks; which means that there were about 1.14 clicks per dollar spent, making it the highest amount.

which is greater 50.671 or 50.067 I need them for the state test tomorrow !!!

Answers

Answer:

50.671 is greater than 50.067

Answer:

50.671

Explanation:

50.671 is greater because of the decimal .671

the reason 50.067 isn't is because .067 is literally 1/10 of .671

Theodore and James have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers. Their company, which includes TJ Soft stores, is looking for opportunities in the future that include international operations. A foreign company wants to be able to copy and manufacture TJ Soft programs and sell them in its stores. What would be an appropriate approach for them to use?

Answers

Answer: Foreign Subsidiary

Explanation:

A foreign subsidiary is a company which operations overseas is part of a larger corporation with headquarters in another country, they are often referred to as a parent company or a holding company.

in this case the foreign company looking to sell TJ soft products would approach them as a foreign subsidiary of TJ, so they can be licensed to sell and market TJ soft products overseas.

If the U.S. dollar is strong, foreign imports are
A. strong
B. more expensive
C. less expensive
D. weak

Answers

Answer:

C

Explanation:

got right

Foreign imports are less expensive since the U.S. dollar is strong. So, the right answer is (C).

What are Foreign Imports?

Imports are products and services that are purchased by businesses, governments, and individuals from outside the country. Neither the nature nor the method of the imports matters.

You can send them, email them, or even carry them on a plane in your hand luggage. They qualify as imports if they are made abroad and offered for sale to consumers here.

There are imports of even tourism-related goods and services. All mementos from your vacation that you purchase while traveling outside the country are imported.

A nation has a trade deficit if its exports are more than its imports. A trade surplus is produced when an economy imports less than it exports. If a nation has a trade imbalance, it must borrow money from other nations to cover the additional costs.

Learn more about Foreign Imports , from ;

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Nasty Break-Up. Harold wants to purchase a lot next door to Sarah's home that is owned by Sarah. Harold knows Sarah will not sell the lot to him because they dated in the past and had a nasty break-up. Harold agrees with Alice that Alice will purchase the lot from Sarah for him. Alice and Sarah reach an agreement and enter into a contract whereby Sarah is to sell the lot to Alice for a price within the scope of Alice's authority. Alice tells Sarah nothing about her plan to later transfer the lot to Harold. Before title to the lot is transferred to Alice, Harold tells Alice that he no longer wants the lot. Alice tells Sarah about Harold. Sarah tells Alice that as far as she is concerned, Alice has bought the lot. Sarah says that she plans to move anyway and really does not care whether Alice or Harold ends up with the lot. She just wants her money. What type of principal is Harold?

Answers

Answer:

Harold should be considered an undisclosed principal.

Explanation:

Basically Alice hid Harold's identity from Sarah, and she negotiated the purchase of the lot pretending to be the principal herself. Sarah was convinced that Alice was purchasing the lot for herself and not on behalf of someone else.

In this case, Alice is in trouble because she is personally bound on the contract with Sarah, and she doesn't seem to want the lot.

Assume that you are the sales manager of a soap-manufacturing company. Your supervisor has asked you to present the sales data of the various products for last quarter. You have to communicate information about the sales turnover in different zones. Which business documents will you prepare for this task and what guidelines will you follow?

Answers

Answer:

Sales data mostly contains monthly figures and will be best represented in a tabular form. I will use a word processor to create a table and enter the data corresponding to each month. To show the sales figures in different zones, I will use a bar graph. The bars in the graph will allow the audience to visualize the difference in sales figures in the different zones.

While creating the word document, I will keep the following in mind:

The report should precisely communicate only sales information.

The report should be short and brief, but also contain all the necessary information.

The report should be directed at a particular set of team members.

The report should contain visual aids to help explain the statistics.

Explanation:

plato/edmentum's sample answer

Select the correct answer.
A consumer wants to buy a refrigerator. What sort of product is this?
A. shopping
B. unsought
C.
specialty
D.
convenience
Reset

Answers

Depend on the usage of the refrigerator by the customer

Answer:

i believe it is c

Explanation:

The FHA was designed to pay off mortgage insurance for homes that were going into foreclosure.
True
False

Answers

Answer:

TRUE FHA meaning federal housing administration

Use this formula to help solve the problem. break-even point = P+V*Q+F=S*Q
Assume that at one point a business sells cameras for a price of $20 each, which cost $10 to produce (variable costs). The business's fixed expenses for the period are $2,000. What is the break-even point?
A). 400 units
B).100 units
C). 300 units
D). 200 units
Entrepreneurship PLZ HELP

Answers

Answer:

D). 200 units

Explanation:

As per contribution margin concepts, the break-even point is calculated using the formula.

Break-even point =  fixed costs/Contribution margin per unit.

fixed cost is $2,000

Contribution margin per unit = sales price-variable costs

= $20- $10 = $10

Break-even point = $2000/10

=200 units

Answer:

200 Units was correct on my test (Edge)

Explanation:

Explain the importance of assessing one's PECs before engaging in a particular entrepreneurial activity.

Answers

Answer:

To get knowledge about business

Explanation:

Before participating in an entrepreneurial characteristics activity , it is important to evaluate one PECS so we'll have an understanding of that commercial enterprise or problem and we will know our positives and negatives. It will also enable us to determine what we're doing to enhance our features.

Mr. and Mrs. Smith, an elderly couple, had no relatives. When Mrs. Smith became ill, the Smiths asked a friend, Henrietta, to help with various housekeeping chores, including cleaning and cooking. Although the Smiths never promised to pay her, Henrietta performed the chores for eighteen months. Henrietta now claims that she is entitled to the reasonable value of the services performed. Is she correct? Explain.

Answers

Answer:

No

Explanation:

In this specific scenario, Henrietta is not correct in her claim. This is because even though she did all the work and may have proof of doing so, the Smiths never mentioned any form of payment at any time. Since this is the case, Henrietta should not have had any reason to expect payment. For Henrietta to have a claim, the Smiths would have had to create a payment contract and Henrietta would have had to agree. Even a verbal agreement of payment with an actual dollar value would have helped Henrietta make a valid claim.

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