29. a detailed plan for business’s financial needs is called a(n) \n a. budget \n b. income statement \n30…

29. a detailed plan for business’s financial needs is called a(n) \n a. budget \n b. income statement \n30. a ___ plans income and expenses from the beginning of a new business or a major business expansion until it becomes profitable \n a. start up budget \n b. operating budget \n31. with ___ an employer transfers net pay electronically into an employee’s bank account \n a. paycheck \n b. revenue \n c. direct deposit \n32. what are the four elements of a marketing mix? \n a. cost, location, time, and advertising \n b. price, product, place, promotion \n33. additions and improvements to a basic product are called \n a. product features \n b. warranties \n34. services are intangible. this means that \n a. they have no physical form \n b. they cost more than products \n c. you can see and touch the product \n35. which of the following scenarios will most likely result in comparatively low prices? \n a. supply for a product is low and demand is high \n b. supply for a product is high and demand is low

29. a detailed plan for business’s financial needs is called a(n) \n a. budget \n b. income statement \n30. a ___ plans income and expenses from the beginning of a new business or a major business expansion until it becomes profitable \n a. start up budget \n b. operating budget \n31. with ___ an employer transfers net pay electronically into an employee’s bank account \n a. paycheck \n b. revenue \n c. direct deposit \n32. what are the four elements of a marketing mix? \n a. cost, location, time, and advertising \n b. price, product, place, promotion \n33. additions and improvements to a basic product are called \n a. product features \n b. warranties \n34. services are intangible. this means that \n a. they have no physical form \n b. they cost more than products \n c. you can see and touch the product \n35. which of the following scenarios will most likely result in comparatively low prices? \n a. supply for a product is low and demand is high \n b. supply for a product is high and demand is low

Answer

Brief Explanations:

  • For question 29, a budget is a detailed plan for a business's financial needs. An income - statement shows financial performance over a period.
  • For question 30, a start - up budget plans income and expenses from the start of a new business or major expansion until profitability. An operating budget is for ongoing operations.
  • For question 31, with direct deposit, an employer transfers net pay electronically into an employee's bank account. A paycheck is a physical or digital document showing pay details, and revenue is income from business activities.
  • For question 32, the four elements of the marketing mix are price, product, place, and promotion.
  • For question 33, product features are additions and improvements to a basic product. Warranties are guarantees about product quality.
  • For question 34, intangible services have no physical form.
  • For question 35, when supply is high and demand is low, prices are likely to be low due to the basic economic principle of supply and demand.

Answer:

  1. a. Budget
  2. a. Start up budget
  3. c. Direct deposit
  4. b. Price, product, place, promotion
  5. a. Product features
  6. a. They have no physical form
  7. c. Supply for a product is high and demand is low