consumers use rational decision-making processes ______.
Answers
consumers use rational decision-making processes from time to time.
When consumers identify a gap between their desired and actual states, they engage in decision-making processes. If the desired and actual states differ significantly, a problem is identified and an information search is launched. There are 5 basic ways in the consumer decision-making process. This is the process by which consumers evaluate whether or not to make a purchase. Problem identification, information search, alternative evaluation, purchase decision, and post-purchase evaluation are the five steps. The study of individuals, groups, or organisations, as well as all activities associated with the purchase, use, and disposal of goods and services, is known as consumer behaviour. Consumer behaviour refers to how a consumer's emotions, attitudes, and preferences influence their purchasing decisions.
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Related Questions
If Mimi and Elizabeth review information provided in customer comment cards to determine whether instructional quality has changed since the decision was made to expand workshop offerings, which step of the decision-making process is involved?
Answers
Complete Question is as under:
The Maine Media Workshop is a hands-on, experiential workshop for individuals interested in film making and photography. The workshop program has grown significantly in recent years. The biggest challenge for managers of the program is getting instructors to commit. It is not uncommon for instructors to cancel their commitment hours before they are slated to teach.
If Mimi and Elizabeth review information provided in customer comment cards to determine whether instructional quality has changed since the decision was made to expand workshop offerings, which step of the decision-making process is involved?
A. Develop alternatives
B. Evaluate the alternatives
C. Following up and appraise results
D. Select the best alternative
Answer:
Option C. Following up and appraise results
Explanation:
The reason is that the Mimi and Elizabeth are reviewing the comments of the customers which are the valuable asset of the company. The customer feedback highlights what is the deficiency in the services. So when the customer answers the questions regarding the list of questions, his each suggestion is basically assessed which is following up and appraisal process. At this stage you value the suggestions of the customers and try to solve that issues and by doing so you also bring value to the company.
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The __________ sector now represents a large number of union employees. This group of employees encompass those who work for governments, such as teachers, firefighters, police officers, etc.
Answers
Based on economic agencies analysis, the Public sector now represents a large number of union employees. This group of employees encompasses those who work for governments, such as teachers, firefighters, police officers.
This is because Public Sector is the economic sector that consists of government establishments.
It also includes the publicly funded agencies, businesses, and other industries that provide public commodities or services.
Generally, employees in Public Sectors include Customs officers, teachers, firefighters, etc. And they can be found in all levels of government establishments, like federal, state, and local governments.
Hence, in this case, it is concluded that the correct answer is "Public sector.."
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Employers search résumés for keywords manually and electronically. Please select the best answer from the choices provided T F.
Answers
A resume is a formal document created by a job candidate to itemize their skills for a post.
What are the meanings of keywords in job applications?Keywords are words or brief sentences that correspond to work requirements. Hiring managers use keywords to sort through resumes so that they can concentrate on applicants who have the qualifications and experience they seek.
Many businesses also utilize applicant tracking systems (ATS) to discover the most qualified candidates.
Thus the statement is true.
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Answer:
true
Explanation:
Under which type of policy does the government reduce its expenditures and increase tax rates? A. contractionary monetary policy B. contractionary fiscal policy C. expansionary fiscal policy D. expansionary monetary policy
Answers
Answer:
B. contractionary fiscal policy
Explanation:
The government influences economic direction through fiscal policy measures of increasing or decreasing its expenditure and taxation. Therefore, fiscal policies involve the government's actions of adjusting its spending and taxation to achieve desired economic objectives.
Fiscal policies can either be contractionary or expansionary. Contractionary measures are applied to control rising inflation and moderate the rate of growth. These policies aim at reducing liquidity in the market, thereby achieving stable prices. A reduction in government spending and an increase in taxation reduces liquidity or money circulation.
Answer:
b
Explanation:
The ____________________ attests to the fairness of the presentation of the financial statements and states whether the financial statements are presented in accordance with gaap.
Answers
The require answer is Auditor's report.
Auditor's report:
If the financial accounts are presented fairly and in line with GAAP, it is stated in the auditor's report and attested to by the auditor.The auditor's report expresses the auditor's judgment regarding the accuracy and conformity with GAAP of a company's financial statements.The auditor's view on whether a company's financial statements adhere to generally accepted accounting standards (GAAP) and are free of substantial misstatement is expressed in an auditor's report, which is a written letter from the auditor.A report from the auditor stating that the financial statements and accompanying disclosures were presented fairly. The outcome of this evaluation is the auditor's report, which attests to the fairness of the financial statements' presentation and related disclosures. The existence, completeness, rights and duties, accuracy and value, and presentation and disclosure of financial statement assertions are among those that a company's statement preparer attests to.Learn more about Auditor's report here brainly.com/question/7890421
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someone help i really need it !!!!
Answers
Answer:
Shoot, sorry, ik this was 3 days ago so my answer probably wont matter but you did give me point by letting me answer... Thanks!
Explanation:
:D
A teacher used distortion goggles, which shifted the wearer’s gaze 20 degrees, to demonstrate an altered perception. A student wearing the goggles initially bumped into numerous desks and chairs while walking around, but chose to wear the goggles for a half hour. After 30 minutes, the student was able to smoothly avoid obstacles, illustrating the concept of.
Answers
After 30 minutes, the student was able to smoothly avoid obstacles, illustrating the concept of Perceptual Adaptation. Thus the correct option is A.
What is perception?A perception is referred to as an opinion formed by an individual based on the situation that occurs in front of them. This perception is based on their understanding of what they see and interpret.
Perceptual adaptation emphasizes the body's ability to adjust to its environments by passing through disturbances. It can modify awareness in response to the data being received, improving coding effectiveness and improving classification at the modified level.
Therefore, option A is appropriate.
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The complete question is probably
A teacher used distortion goggles, which shifted the wearer's gaze 20 degrees, to demonstrate an altered perception. A student wearing the goggles initially bumped into numerous desks and chairs while walking around, but chose to wear the goggles for a half hour. After 30 minutes, the student was able to smoothly avoid obstacles, illustrating the concept of
answer choices
Perceptual Adaptation
Visual Interpretation
Sensory Restriction
Perceptual Constancy
Binocular Cues
1.1 Which statement best describes financial accounting …
A. Reports are prepared for managers and users inside the organisation
B. Provides a scorecard by which the past performance of a business is judged in
the form of financial statements which are used by stakeholders outside the
organisation
C. Conduct an official financial inspection of a company or its accounts
D. A and B only
E None of the above
Answers
Select the correct answer from each drop-down menu.
What are the five main columns of a journal?
The five main columns of a journal are date, account, (company's name, explanation, vendor's name)
, PR, (customer's names, debit, company's name)
, and credit.
Answers
The five main columns of a journal in accounting are:
Date,Account Title and Description,Posting Reference,Debit,Credit.What is the structure of journal in accounting?Journal entries serve as the foundation of an organization's accounting system. All systems, whether paper-based, fully automated, or a hybrid of the two, rely on journal entries. All transactions for a business are recorded in journal entries.
Journal entries are formatted in a consistent manner. A properly formatted journal entry will include the correct date, general ledger accounts, the amount(s) to be debited and credited, a description of the transaction, and a unique reference number, such as a check number.
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If you expect interest rates to increase significantly within the next two years, which one of these bonds would you prefer to own?a. Short-term, high coupon
b. PV= -(Current bond price)
c. - Credit quality of the bond
- Tax status of the bond.
d. - Credit quality of the bond
- Tax status of the bond
Answers
The bond that should be preferred if interest rates are expected to rise significantly within the next two years is a Short-term, high coupon. Option A is the correct answer.
Short-term, high-coupon bonds are ideal for investors who expect interest rates to rise shortly. When interest rates increase, bond prices fall, and bondholders suffer losses. As a result, bonds with a shorter maturity are more immune to fluctuations in interest rates than longer-term bonds.
Short-term, high-coupon bonds are typically issued by firms and municipalities that require a quick infusion of funds but do not want to borrow for an extended period. As a result, short-term bonds have lower interest rates than long-term bonds, which makes them a better choice when interest rates are expected to rise soon.
PV = - (Current bond price) indicates that the bond price is a function of its expected future cash flows discounted at the current yield. This formula is used to calculate the current value of a bond. The bond's credit quality and tax status are important considerations when deciding which bond to invest in.
Option A is the correct answer.
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Walter Waterson owns a lawn irrigation system business. He manages the installations and maintenance of these systems. Several customers are golf courses, but he serves a large group of residential customers as well. When he started the business 10 years ago, he promised to always operate within the legal limits of the law, but lately, the competition is eating him alive. Large competitors have hired illegal immigrants to perform the manual labor, and they do not pay taxes on these employees-they just pay them in cash at the end of the week. Employment taxes are a burden to him. Walter does not want to hire illegal workers. There's a risk if you permit an illegal worker to drive a truck; or, if he/she has an accident on the job. You have just studied business ethics in your class. You inform Walter that:__________. A) taxes only need to be paid for the owners. B) he is not only taking a chance that a bigger problem may occur, he is indirectly setting the ethics code for his business. C) small businesses may not be able to worry about ethics codes. These types of documents are better suited for big business. D) it is not unethical to try to better the lives of others. Everyone needs jobs.
Answers
Answer: B) he is not only taking a chance that a bigger problem may occur, he is indirectly setting the ethics code for his business
Explanation:
Business ethics can simply be defined as the principles, morals and values that governs both the decisions and the actions that an organization makes.
Ethics simply lets us know what's right from what's wrong and also brings about increase in productivity at the workplace.
Based on the information given in the question, Walter needs to be inform that he is not only taking a chance that a bigger problem may occur, he is indirectly setting the ethics code for his business.
This is because hiring illegal workers can become a source of problem to him especially when an issue occurs and it's realized that they're illegal.
Which situations best demonstrate likely tasks for Business Financial Management workers? Check all that apply.
Marcy helps a family create a budget that allows them to save up for buying a house.
Caleb researches possible cases of fraud and takes notes on what he finds out.
Selena processes customer transactions at a bank.
Jung creates a report with charts to show how a company's money is being spent.
Owen sells automobile insurance policies to people.
Alonzo advises companies about investment strategies.
Answers
Answer:
its
b, the caleb one
d, the jung one
d, the Alonzo one
Caleb investigates potential fraud situations and makes notes on his findings. In order to show how a company's money is being spent, Jung develops a report using charts. show potential tasks for those working in business financial management. Thus option (B, C) is correct.
What is management?In order to achieve desired goals and objectives, a person or group of people must be challenged and managed, according to the concept of management. Furthermore, the capacity to organize, supervise, and guide people is a component of management.
Managing telephone costs, employing new employees, purchasing facilities, creating project budgets, etc. are a few examples of financial management for a corporation or firm. financial administration
Therefore, Thus, option (C) is correct.
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what is the correct journal entry to recognize profit for a long-term construction project for which revenue is recognized over time? multiple choice question. debit construction in progress and debit cost of construction; credit revenue from long-term contracts debit cost of construction; credit revenue from long-term contracts debit billings on construction contract; credit construction in progress debit billings on construction and debit accounts receivable; credit revenue from long-term contracts
Answers
The correct journal entry to recognize profit for a long-term construction project for which revenue is recognized over time is option (b) credit revenue from long-term contracts debit cost of construction
For long-term construction projects, revenue is recognized over time using the percentage-of-completion method. Under this method, revenue is recognized based on the percentage of completion of the project, which is determined by comparing the costs incurred to date to the total estimated costs of the project.
Therefore, to recognize profit for a long-term construction project, you need to credit revenue from long-term contracts (to recognize the revenue earned) and debit the cost of construction (to recognize the costs incurred).
Therefore, the correct option is (b) credit revenue from long-term contracts debit cost of construction
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human resource management was called when undertaking clerical functions such as screening employees, keeping records, payroll, and finding new employees.
Answers
Answer:
personnel
Explanation:
Human resource management was called personnel at the time when the clerical functions are undertaken.
The following information regarding the personnel management is:
It refers to the management where the workforce could be maintained. It is mainly concerned when employees are at work also their relationship within an organization should also mattered. Plus the clerical functions are to be undertaken.Learn more: brainly.com/question/15569649
During an inspection, the OSHA compliance officer cited a machine guarding violation which had been previously reported to a supervisor. Under which criteria is hazard recognition established
Answers
The criteria under which hazard recognition is established during an OSHA inspection is Employer Recognition.
What is an OSHA inspection?An OSHA inspection involves the following activities:
Health and safety compliance officers visit the workplace. OSHA compliance officers help employers and their employees to reduce hazards and prevent illnesses, injuries, and deaths in work environments.OSHA inspections are usually triggered when employers report a workplace fatality or reportable serious injury (hospitalization, amputation, loss of eye).After an OSHA investigation, the company is presented with various violations to correct. OSHA initiates a follow-up visit, to confirm if the hazards have been addressed.Follow-up actions are taken based on the prevailing situation.Thus, the criteria under which hazard recognition is established during an OSHA inspection is Employer Recognition.
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What should you do before making a budget?
Answer: Review your financial history
Answers
Answer:
I think you are mistaken
Explanation:
If you are new to brainly, you are supposed to ask questions and then others provide answers. Then people looking for results search up stuff and see q and a between you and whoever answered.
Answer:
C
Explanation:
Review your financial history.
all of the following items would need to be included in the bond's indenture agreement except the coupon rate the call feature the credit rating Steps that the bondholder can take in the event that the issuer fails to pay the interest or principal
Answers
The credit rating is not included in a bond’s indenture agreement .The correct answer is Option A.
A bond's indenture agreement is a legally binding contract between the issuer (the entity borrowing money) and the bondholders (investors lending money). It outlines the terms and conditions of the bond, including the rights and obligations of both parties. While the indenture agreement covers various aspects of the bond, such as the call feature, coupon rate, and steps in case of default, the credit rating is not typically included in the indenture agreement.
The credit rating of a bond is an evaluation of its creditworthiness, indicating the likelihood of the issuer defaulting on its debt obligations. Credit rating agencies independently assign these ratings based on their analysis of the issuer's financial health, economic conditions, and other relevant factors.
The credit rating is not a contractual term or provision but rather an assessment provided by external agencies.
However, it's important to note that the credit rating may be mentioned in the offering documents or prospectus associated with the bond issuance, which provide potential investors with detailed information about the bond.
These documents may include information on the credit rating assigned to the bond by relevant agencies, but it is not a part of the indenture agreement itself.
In summary, while the indenture agreement includes crucial terms and provisions related to the bond's features and default scenarios, it does not typically include the credit rating assigned by external agencies.
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The probable question may be:
5. All of the following items would need to be included in a bond’s indenture agreement EXCEPT:
Group of answer choices
A. The credit rating
B. The call feature
C. The coupon rate
D. Steps that the bondholder can take in the event that the issuer fails to pay the interest or principal
recognized gains and fosses from the disposition of a capital asset may occur as a result of a: a. sale. b. exchange. c. casualty. d. condemnation. e. all of these.
Answers
The recognized gains and losses from the disposition of a capital asset may occur as a result of all of these options (e. all of these).
When a capital asset is disposed of, such as through a sale, exchange, casualty, or condemnation, it can result in recognized gains or losses. Let's explore each option:
a. Sale: If a capital asset is sold, the difference between the sales price and the asset's adjusted basis will result in a recognized gain or loss.
b. Exchange: When a capital asset is exchanged for another property or asset, the difference between the fair market value of the property received and the adjusted basis of the asset given up can lead to recognized gains or losses.
c. Casualty: If a capital asset is damaged, destroyed, or lost due to a casualty event, the difference between the insurance proceeds received and the adjusted basis of the asset can result in recognized gains or losses.
d. Condemnation: When a capital asset is taken by eminent domain or condemned, the difference between the amount received as compensation and the asset's adjusted basis can lead to recognized gains or losses.
In summary, recognized gains and losses can occur from the disposition of a capital asset through a sale, exchange, casualty, or condemnation.
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Click this link to view O*NET’s Work Activities section for Licensing Examiners and Inspectors. Note that common activities are listed toward the top, and less common activities are listed toward the bottom. According to O*NET, what are some common work activities performed by Licensing Examiners and Inspectors? Check all that apply. working directly with the public evaluating information staffing organizational units drafting technical devices interacting with computers getting information
Answers
Answer:
Licensing Examiners and Inspectors examine, evaluate, and investigate eligibility for, conformity with, or liability under licenses or permits.. Here is what a typical day’s work for a Licensing Examiner and Inspector looks like: Issue licenses to individuals meeting standards. Collect fees for licenses.
Explanation:
Answer: A B E F
Explanation:
House price y is estimated as a function of the square footage of a house x and a dummy variable d that equals 1 if the house has ocean views. The estimated house price, measured in $1,000s, is given by yˆ
= 118. 80 + 0. 22x + 51. 50d. A-1. Compute the predicted price (in $1,000s) of a house with ocean views and square footage of 2,400. (Do not round intermediate calculations. Round your final answer to 2 decimal places. )
Answers
The predicted price of a house with ocean views and square footage of 2,400 is $698,300.00. To compute the predicted price of a house with ocean views and square footage of 2,400:
yˆ = 118.80 + 0.22x + 51.50d
Since the house has ocean views, the dummy variable d equals 1.
Substituting x = 2400 and d = 1 into the equation, we get:
yˆ = 118.80 + 0.22(2400) + 51.50(1)
yˆ = 118.80 + 528 + 51.50
yˆ = 698.30
Therefore, the predicted price of a house with ocean views and square footage of 2,400 is $698,300.00.
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Select all the correct answers.
Which statements are true according to the law of supply?
A decrease in demand leads to an increase in supply.
A decrease in demand leads to a decrease in supply.
An increase in price leads to a decrease in supply.
A decrease in price leads to a decrease in supply.
An increase in price leads to an increase in supply.
Answers
Answer:
A decrease in demand leads to a decrease in supply.
A decrease in price leads to a decrease in supply.
An increase in price leads to an increase in supply.
Explanation:
Supply refers to the volume of a product that sellers are willing to sell in the market at a given price. As per the law of supply, a higher price motivates sellers to avail more products in the markets. Sellers or suppliers are businesses and are motivated by higher profits. When prices are high, the profit margin will be high, which is an incentive for increased supply. Lower prices have lower margins, which is a risk to a business. Low prices result in reduced prices.
Supply is influenced by demand. If supply does not match demand, there will be either a shortage or excess supply in the market. When demand is low, sellers will reduce supply to avoid losses associated with excess supply .
For Edmentum/Plato users, the correct answers are bolded below:
A decrease in demand leads to an increase in supply.
A decrease in demand leads to a decrease in supply.
An increase in price leads to a decrease in supply.
A decrease in price leads to a decrease in supply.
An increase in price leads to an increase in supply.
the effect of capitalizing a cost that should have been expensed causes ______.
Answers
The effect that capitalization of the cost that supposed to be expensed will have is that; The assets will have to be overstated on the balance sheet, while we have to understate the expenses.
A capitalized cost can be regarded as expense that is been added to the cost basis of a fixed asset when working on a balance sheet of a company.It is usually incurred during purchasing of fixed assets.We can conclude that an asset will need to be overstated once there is capitalization of cost.
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Select the correct answer.
George, the market analyst of his company, will be calculating the company's sales forecast for the next month (May). He has decided to use the moving averages method of sales forecasting to complete his task. The sales for the last four months are $30,000 (April). $35,000 (March), $25,000 (February), and $30,000 (January). If George uses the formula to calculate moving averages, what sales forecast figure will he arrive at?
a.25000
b.30000
c.20000
d.35000
Answers
Answer:
b.30000
Explanation:
The moving average follows the trend of data to forecast the next value.
the formula applicable in moving average is = (n1 + n2 + n3 + ...) / n
For George, the moving average will be
=$30,000 + $35,000 +$25,000 + $30,000/4
=$120,000/4
=$30,000
At the new equilibrium price of $200, what is the new equilibrium quantity?
Answers
When the price is $200, QD0 equals 0, QS equals 2350, and QD1 equals 2350.
The equilibrium price is the only price at which consumers' and producers' goals coincide—that is, the amount consumers want to buy of the commodity, quantity demanded, equals the amount producers want to sell, quantity supplied.
The equilibrium quantity is the name given to this common quantity. The demand and supply function (Qa - bP = x + yP) can be used to compute it. When the supply equals the demand, the equation yields an equilibrium price. To calculate the quantity, enter the equilibrium price into the demand or supply function.
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Which of the following is not a life role category?
O Risk Taker
O Worker
O Family Member
O Learner
Answers
Risk Taker is not a life role category.
A life role is a set of expectations, behaviors and attitudes that a society assigns to a person based on their gender, age, social status, race or other factors. For example, in many cultures women are expected to be loving, nurturing and care-givers, while men are expected to be strong, provider-types.
Life roles help to define how we see ourselves and how we are seen by others. They can be a source of satisfaction and fulfilment, but they can also be a source of stress and frustration if they do not fit with our own personal aspirations and identity.
Hence, the correct option is "First".
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which one of the following statements is incorrect?multiple choiceapr is the true or effective annual interest charged by sellersthe truth in lending act regulates interest chargesapr represents the true or effective annual rate of interestthe truth in lending act specifies the information creditors must give buyers
Answers
The statement "APR is the true or effective annual interest charged by sellers" is incorrect. APR (Annual Percentage Rate) is the true or effective annual rate of interest that is charged by lenders, not sellers.
It is the cost of borrowing money over a year, expressed as a percentage of the total amount borrowed. The Truth in Lending Act (TILA) is a federal law that regulates the disclosure of credit terms to consumers and requires lenders to disclose the APR and other key terms of the loan. The TILA specifies the information that creditors must provide to buyers, including the APR, finance charges, and total amount financed. The purpose of the TILA is to ensure that consumers have access to accurate and transparent information about the cost of credit, so they can make informed decisions when borrowing money.
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What is a government in regulatory bodies?
Answers
Answer:
A regulatory body also called regulatory agency is a public authority or a government agency which is accountable for exercising autonomous authority over some area of human activity in a regulatory or supervisory capacity.
Explanation:
what is entrepreneur
Answers
Answer: An entrepreneur is a person who creates a new business venture with all the possible risks. He is the person who brings an idea to the table for a new business. Then he acquires resources, labor, and capital to set up the business, produce goods and services
Explanation: Hope this was helpful
Cody worked 59 hours last week. Of those hours, 40 hours were paid at the regular rate of $12.50. Ten hours were paid at time-and- a-half, and 9 hours at the double-time rate.
a) What was the gross pay for regular hours?
b) What was Cody’s overtime wages?
c) What was Cody’s total gross pay for the week?
Answers
Answer:
Explanation:
a. What was the gross pay for regular hours?
This will be the regular pay multiplied by the regular hours. This will be:
= $12.50 × 40
= $500
b) What was Cody’s overtime wages?
Cody's overtime wages will be the total amount earned during overtime. This will be:
= [10 × ($12.50 × 1.5)] + [ 9 × ($12.50 × 2)]
= (10 × $18.75) + (9 × $25)
= $187.50 + $225.
= $412.50
c) What was Cody’s total gross pay for the week?
The total gross pay for the week will be the addition of the amount that was earned during regular hours and overtime. This will be:
= $500 + $412.50
= $912.50
Which of these organizations is considered for-profit?
a retail clothing store
a social-welfare agency
a local police department
a labor unio
Answers
A retail clothing store organization is considered for-profit
Hence, Option A is correct
A for-profit organization is one whose primary objective is to generate revenue or profit. It stands in contrast to a non-profit or not-for-profit organization, which is more concerned with maintaining itself. Non-profit organizations frequently have objectives that are not commercial in nature, like assisting the community.A for-profit organization's main goal is to make a profit, which is to raise more money than it pays out.The business's owners have the option of keeping all profits for themselves or investing some or all of them in running the actual company.Owners of businesses that are for-profit may also distribute a portion of their earnings to their staff. They can therefore implement a profit-sharing plan.To learn more about for-profit here
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