news

Does the business use special journals?

Although companies create special journals for other types of repetitive transactions, almost all merchandising companies use special journals for sales, ...

Published: Jul 28, 2026

updates

What are the infrastructures necessary for business?

Infrastructure is needed to bring people to and from home, work, shop and provide the utilities essential to business – water, electricity, internet. Ther...

Published: Jul 28, 2026

updates

What is the wealth of the average US family?

As of 2019, the average net worth for all American families was $746,820, and the median net worth was $121,760, according to the Federal Reserve. What is...

Published: Jul 28, 2026

news

What does microeconomics help with?

Microeconomics studies the decisions of individuals and firms to allocate resources of production, exchange, and consumption. Microeconomics deals with pr...

Published: Jul 28, 2026

updates

What is an e-commerce expert?

As an e-commerce specialist, you are an expert in online sales strategies and the various platforms used to conduct digital sales or conversions on a webs...

Published: Jul 28, 2026

news

Which of the following statements is correct with respect to the effect of temperature on rate of respiration?

Rate of respiration doubles for every 10o rise in temperature, thus temperature co-efficient (Q10) for respiration is 2. Which of the following statements...

Published: Jul 28, 2026

general

How many units must be sold to 10 percent sales?

Number of units that must be sold to earn a net income of 10% on sales Sales Price-Rs. 20 per unit Variable cost-Rs. 14 per unit Fixed cost-Rs. 79200 Solu...

Published: Jul 28, 2026

news

How old was Mary Kay when she started her business?

But like most great entrepreneurs, Ash, who was then in her mid-40s, ignored the advice of “the experts,” and Mary Kay Cosmetics opened its doors Septembe...

Published: Jul 28, 2026

news

When social and private costs differ economists state that?

When the social costs of production are different from the private costs of production. If social costs exceed private costs, then there are negative prod...

Published: Jul 28, 2026

updates

What are the 5 steps in the managerial decision-making process?

Step 1: Identify the decision. You realize that you need to make a decision. Step 2: Gather relevant information. Step 3: Identify the alternatives. Step ...

Published: Jul 28, 2026