How can an understanding of micro- and macroeconomic factors aid in small business decision-making?
Question:
How can an understanding of micro- and macroeconomic factors aid in small business decision-making?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Microeconomic factors are those that affect small businesses on a smaller scale such as the pri...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
This case was written by Professor Michele Greenwald, Visiting Professor of Marketing at HEC Paris, for use with Advertising and Promotion: An Integrated Marketing Communications Perspective 7th...
-
How can an understanding of personal finance benefit you?
-
Professor Quark opens his own company, Electronic Tutorial Services, and completes the following transactions in June: 6/1 Quark invests 24,000 into the business. 6/3 Purchased 2,100 of equipment on...
-
Explain in your own words what it means when one alternative stochastically dominates another.
-
A span of five or six subordinates is a rule of thumb at best. How many people report directly to you? How many people, including you, report directly to your manager?
-
Using the wine quality data from Table B.11, fit a model relating wine quality $y$ to flavor $x_{4}$ using region as an allocated code, taking on the values shown in the table $(1,2,3)$. Discuss the...
-
Premium Doors Inc. purchased equipment on January 1, 2013, for $250,000. At that time it was estimated that the equipment would have a 5-year life and no salvage value . On December 31, 2014, the...
-
Image transcription text Task 1: Simulation of the quarter car The aim of this task is to write a python function simulate_qc (which should be in a file with name simulate_qc . py) to simulate the...
-
Refer to the Journal of Experimental Psychology-Applied (June 2000) name-retrieval study, Recall that the goal of the study was to investigate the linear trend between proportions of names recalled...
-
Which of the following organizations would be unlikely to hire a financial analyst? a. Government agencies may hire financial analysts to aid in regulatory oversight and enforcement. b. Investment...
-
Which of the following describes United States Bureau of Labor Statistics (BLS) expectations of jobs using financial skills in the next decade? a. Plentiful but low paying b. Few and low paying c....
-
In what steps of a sampling plan would the use of non-statistical sampling differ from the use of statistical sampling?
-
Why does insulin cost so much to patients in the USA? Why is insulin, a widely sold drug, so incredibly expensive? Make sure you take into account the price elasticity of demand for insulin to...
-
As the tax assessor for Indian Creek County, you have been informed that due to budgetary demands, a tax increase will be necessary next year. The total market value of the property in the county is...
-
The contribution margin on Mimi's Banana Nut muffin is $3.79 each, while the contribution margin on its proposed new Savory Stuffed muffin is $4.15 each. Weighted contribution margin for the new...
-
What are the different types of loans available? 2. What factors determine the interest rate on a loan? 3. What is the difference between a secured and an unsecured loan? 4. How does the loan term...
-
1. What is a credit card, and how does it work? 2. What factors should individuals consider when choosing a credit card? 3. How does interest accrue on credit card balances, and what is the typical...
-
When does the erasure and reestablishment phase of genomic imprinting occur? Explain why it is necessary to erase an imprint and then reestablish it in order to always maintain imprinting from the...
-
The domain of the variable in the expression x 3/x + 4 is________.
-
Describe the relationships between accounts payable, inventories, accounts receivable, and the cash account by tracing the effects on these accounts of a product manufactured and sold by a company....
-
Describe the cash conversion cycle . How can a financial manager use knowledge of the cash conversion cycle to better manage the firms working capital?
-
In general, does a firm want to speed up or slow down collections of payments made by its customers? Why? How does the same firm want to manage its disbursements? Why?
-
Prior to the first month of operations ending January 31, Lemke Inc. estimated the following operating results: Line Item Description Amount Sales (25,000 $80) $2,000,000 Manufacturing costs (25,000...
-
Given that cache memory is much faster than system RAM, explain TWO (2) reasons why computer system usually only have a small amount of cache memory compare to RAM. (4 marks) b) Give ONE (1)...
-
A system is having 96 byte cache memory with 32 bit frame size. CPU request following memory blocks: 1,2,3,4,2,1,5,6,2,1,2,3,7,6,3,2,1,2,3,6 Calculate cache hit ratio for the system.?
Study smarter with the SolutionInn App