Ask Question
BusinessBusiness
20 August, 07:01

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?

+2
Answers (1)
  1. 20 August, 09:57
    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?
Get 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 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
e received $120,000 for damages to his professional reputation, $100,000 for damages to his personal reputation, and $50,000 in punitive damages. Jack must include in his gross income as a damage award: a. $0. b. $100,000. c. $120,000. d. $270,000.
Answers (1)
On July 1, 2021, Rents-A-Lot Inc. paid $72,000 for 36 months of advance rent on its warehouse. What would be the amount of rent expense in the 2022 financial statements for Rents-A-Lot under both cash - basis and accrual-basis accounting?
Answers (1)
someone is retireing next year. what would be an approprite amount of risk to take with their investments
Answers (1)
Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding Department:Units:Beginning Inventory: 25,000 units, 100% complete as to materials and 55% complete as to conversion.
Answers (1)
Secured debt can be secured by any of the following except?
Answers (1)
New Questions in Business
During the Great Depression, consumer spending was higher than ever in history. Question 10 options: True False
Answers (2)
A property is being appraised by the cost approach. The appraiser estimates that the land is worth $17,000 and the replacement cost of the improvements is $235,000. Total depreciation from all causes is $23,000.
Answers (1)
NorthWest Corp. obtained the following information from its accounting records: Sales $70,000 Beginning Finished Goods Inventory $10,000 Ending Finished Goods Inventory $46,000 Cost of Goods Sold $22,000 Ending Work-in-Process Inventory $30,000
Answers (1)
Sally is buying a home and the closing date is set for April 20th. The annual property taxes are $1,234.00 and have not been paid yet. How much will the buyer be credited and the seller be debited?
Answers (1)
Throughout history, big business interests have almost always been at odds with environmentally friendly practices.
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?