Business

Samson Huber

15 May, 11:27

A person bought a company that has been operating at a loss he or she retrained the employes bought new machinery and changed the product to be more stylish after two years the firm is now making a huge profit what is the economic term for people who do this? what does that term mean

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “A person bought a company that has been operating at a loss he or she retrained the employes bought new machinery and changed the product ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

Wizard Co. is a small company and is considering a project that will require $550,000 in assets. The project will be financed with 100% equity. The company faces a tax rate of 25%.

Why is optimism important for an employee?

Which power source has been least developed? wood wind biofuel hydroelectric

Techgear, Inc., manufactures specialty suits for triathletes. For the month of January, it projects the following selling and administrative expenses: sales commissions, 4% of sales; shipping expense, $4,500;

Salespeople at Janie's Cookie Company want to draw the attention of their customers through blogs, Twitter, and LinkedIn, rather than using moretraditional activities that require making a sales call.

New Questions in Business

Which of the following would most likely be classified as a current liability? a. bond payable b. two-year note payable c. mortgage payable d. unearned rent

In the long run, each firm in a competitive industry earns A. zero accounting profits. B. zero economic profits. C. positive, negative, or zero economic profits. D. positive economic profits.

Methods that FNB can use to compete with other bankes in SA

Discuss how SAS has been successful in cultivating and enhancing employees skills. In what ways are SAS's organizational approaches targeted to ensuring job satisfaction? Discuss if other companies would be successful in adopting the "SAS approach.

The total amount of money the federal government owes to its creditors is the