Business, 12.08.2021 14:00 kprincess16r

- Exam-style questions - Paper 1 1 Gowri plans to start up her own business using her own savings. She wants to produce fashion clothes for women. She is a very good clothes designer but she does not like stitching clothes together. Two friends have offered to help Gowri. Abha is an experienced material cutter - she can cut lengths of material for clothes with very little wastage. Aditi is quick at sewing. a) What is meant by 'business'?[2 ] b) Identify two factors of production that Gowri will need for her new business 2] c) Identify and explain two possible opportunity costs that Gowri may have from her decision to start her own business. [4 d) Identify and explain one advantage and one disadvantage to Gowri's business of using division of labour in making clothes. [6] e) Do you think that Gowri's business will be able to sell all of the clothes that it makes ? Justify your answer .[6 ]m

- Exam-style questions - Paper 1 1 Gowri plans to start up her own business using her own savings.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 12:50

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.

Answers: 3

Answer

Business, 22.06.2019 22:00

Anheuser-busch inbev is considering you for an entry-level brand management position. you have been asked to prepare an analysis of the u.s. craft beer industry as part of the selection process. prepare a 3-5 page report that includes a description of the industry’s strategically relevant macro-environmental components, evaluates competition in the industry, assesses drivers of change and industry dynamics, and lists industry key success factors. the company’s management also asks that you propose the basic elements of a strategic action plan that will allow the company to improve its competitive position in the market for craft beer. you must provide a heading in your report for each of the required elements of the assignment.

Answers: 3

Answer

Business, 23.06.2019 02:30

Markets and competition in a perfectly competitive market, all producers sell identical goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricetakers . true or false: the market for lettuce does exhibit the two primary characteristics that define perfectly competitive markets. true false

Answers: 2

Answer

Business, 23.06.2019 11:20

The manager of the quick stop corner convenience store (which never closes) sells four cases of stein beer each day. order costs are $8.00 per order, and stein beer costs $.80 per six-pack (each case of stein beer contains four six-packs). orders arrive three days from the time they are placed. daily holding costs are equal to 5 percent of the cost of the beer. if he were to order 16 cases of stein beer at a time, what would be the average inventory level? a. 0.25 days b. 3 days c. 1 day d. 4 days e. 20 days

Answers: 1

Answer

You know the right answer?

- Exam-style questions - Paper 1 1 Gowri plans to start up her own business using her own savings. S...

Questions