Ask Question
BusinessBusiness
18 April, 16:42

Jen is starting a nonprofit store she plans to sell handmade African scarves and jewelry. Which economic question (s) would Jen still need to answer?

+5
Answers (1)
  1. 18 April, 16:53
    0
    Even though the business is nonprift, but the basic underlying principles remain.

    the questions that jen needs to ask is weather or not there is enough demand for the items she plans to sell. if there isnt, what possible steps and resources must be committed to make the demand fr the items rise. the next question will be weather or not she can maintain a steady supply chain. does she have a supplier capable of supplying the items that she needs to sell?

    another questions will be the price. at what price she can sell the items. does the cost covers all the expenses that she incurred? does she have enough suprlus to expand her operations?
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Jen is starting a nonprofit store she plans to sell handmade African scarves and jewelry. Which economic question (s) would Jen still need ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
1. Identify three (3) items that individuals have insured that rarely have a chance of being lost, stolen or destroyed. - identify why people have it insured
Answers (1)
Which of the following is true of managerial accounting? a. Managerial accounting aims at providing information for controlling the organization's actions. b. Managerial accounting provides historical information. c.
Answers (1)
The Green Company, an accrual basis taxpayer, provides business-consulting services. Clients generally pay a retainer at the beginning of a 12-month period. This entitles the client to no more than 40 hours of services.
Answers (1)
Vertical Analysis Two income statements for Cornea Company follow: Cornea Company Income Statements For Years Ended December 31 2019 2018 Fees earned $680,000 $576,000 Operating expenses 482,800 420,480 Operating income $197,200 $155,520 Prepare a
Answers (1)
When Rolan county adopted its budget for the year ending June 30, year 1, $20 million was recorded for estimated revenues control. Actual revenues for the year ended June 30, Year 1, amounted to $17 million.
Answers (1)
New Questions in Business
For an airline, which of the following would not be an operational budget? A cash receipts budget of flying consumers. A budget of planned air miles to be flown. A fuel budget. A materials budget for aircraft parts. A labor budget for flight crew.
Answers (2)
When interpreting the ed value as either elastic or inelastic, we look at the?
Answers (1)
A noted business executive said, "A company's first obligation is to be profitable. Unprofitable enterprises can't afford to be socially responsible." Do you agree? Discuss.
Answers (1)
Power and performance sports are dominant today because they do not foster the interests of people and organizations with the resources to sponsor and stage large sports events.
Answers (1)
9) Consider the following four alternatives: 1. $132 received in two years. 2. $160 received in five years. 3. $200 received in eight years. 4. $220 received in ten years.
Answers (1)
Home » Business » Jen is starting a nonprofit store she plans to sell handmade African scarves and jewelry. Which economic question (s) would Jen still need to answer?
Sign Up Forgot Password?