What are good characteristics in business partners?

What are good characteristics in business partners?
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Characteristics of a good business partner is someone who is humble. Who is willing to make adjustments where needed, and for varying circumstances. When looking for a good business partner look for an individual who is industrious, and enjoys his or her work. A good business partner is able to communicate effectively as well and isn't sensitive when corrected.
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Description : What is the most critical aspect in developing a project plan that meets project  specifications within the timeframe and at the lowest costs? Select one: a. Assessing risk management b ... business partners e. Developing a project execution plan that matches the complexity level of the project

Last Answer : e. Developing a project execution plan that matches the complexity level of the project

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Description : Anju and Bimal are partners in a business. Anju contributes 1 / 4 of the capital for 15 months and Bimal received 2 / 3 of the profit, for how long Bimal’s money was used ? A.5 months B.3months C.8 months D.10 months

Last Answer : Answer- D (10 months) Explanation- Let total profit is x Then Bimal's share in profit= (2/3)x so anju's share in profit= x- (2/3)x =x/3 so,we get ratios of profit of Anju :Bimal :: 1:2 Let total ... /4)P x b = 1/2 [ Capital x time =profit] so,we get b=10 Bimal's money was used for 10 months

A, B and C are 3 partners in a business. Their investments are respectively Rs 2000, Rs 4,000 and Rs 3,000. A gets 30% of total profit for managing the business. The remaining profit is divided among them in the ratio of their investments. At the end of the year, the profit of Ais Rs 1100 less than the sum of the profit of B and C. What amount of income will C get? A) Rs 2100.75 B) Rs 2887.5 C) Rs 2705.75 D) Rs 2546.25

Description : A, B and C are 3 partners in a business. Their investments are respectively Rs 2000, Rs 4,000 and Rs 3,000. A gets 30% of total profit for managing the business. The remaining profit is divided among them in the ratio ... of income will C get? A) Rs 2100.75 B) Rs 2887.5 C) Rs 2705.75 D) Rs 2546.25

Last Answer : Answer: B) The ratio of profit of A, B and C is 2000:4000:3000=2:4:3. Let the annual profit be P. Then, A will get 0.3p for managing the business. And, remaining 0.7p will be distributed in the ratio of their ... ⇒ 7/9 0.7p−2/9 0.7p−0.3p=1100 ⇒ p=12,375 So, C's share=3/9 0.7p=Rs 2887.5

Three partners shared the profit in a business in the ratio 7 :8 :9. They had partnered for 16 months, 10 months and 9 months respectively. What was the ratio of their investments? A) 2286:5599:7643 B) 2346:76543:8754 C) 5643;1254 :2345 D) 2205 :4032:5032

Description : Three partners shared the profit in a business in the ratio 7 :8 :9. They had partnered for 16 months, 10 months and 9 months respectively. What was the ratio of their investments? A) 2286:5599:7643 B) 2346:76543:8754 C) 5643;1254 :2345 D) 2205 :4032:5032

Last Answer :  Answer: D) Let their investments be Rs.x for 16 months, y for 10 months , Z for 9 months Then 16x : 10y :9z = 7:8:9 Now 16x / 10y = 7/8 128x = 70y Y=64/35x 16x/9z = 7/9 144x = 63z Z = 144x/63 X:Y:Z = x:64x/35 :144x/63 X:Y:Z = 2205:4032:5032.

Aakash and Aravind are partners in a business. Aakash contributes 1/5 of the capital of 16 months and aravind received ¾ of the profit. For how long Aravind money was used? A) 11 months B) 12 months C) 13 months D) 14 months

Description : Aakash and Aravind are partners in a business. Aakash contributes 1/5 of the capital of 16 months and aravind received ¾ of the profit. For how long Aravind money was used? A) 11 months B) 12 months C) 13 months D) 14 months

Last Answer : Answer: B) Let the total profit be Rs z Then, Aravind share = 3z/4 Aakash share = z - 3z/4 = z/4 Aakash : Aravind = Z/4 : 3z/4 = 1:3 Let the total capital be Rs x Suppose Aravind's money was used for y months.then, ... * 16/4/5x * y = 1/3 3 (16x/5) = 4x/5 * y 48 = 4y Y = 48/4 = 12 months.

Shyam and Ram are active partners in a business. Shyam contributes 2/7th received capital of the profit for 21 month and Ram received 1/5th of the profit. Then how many long Ram invest the money in the business. a) 8months. b) 7months. c) 3months d) 1.5 months

Description : Shyam and Ram are active partners in a business. Shyam contributes 2/7th received capital of the profit for 21 month and Ram received 1/5th of the profit. Then how many long Ram invest the money in the business. a) 8months. b) 7months. c) 3months d) 1.5 months

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P, Q & R are three partners start a business. Thrice P’s capital is equal to four times Q’s capital and Q’s capital is 6 times R’s capital. Out of a total profit Rs.35860 at the end of the year, Q’s share is A) Rs.12334 B) Rs.14344 C) Rs. 21500 D) Rs.17600

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Description : 3 partners A , B, C starts a business. 4 times of A's capital is equal to 6 times of B's Capital and B's Capital is 8 times of C's capital if profit of B is Rs.6300. Then find the average profit A and C A) 7000.50 B) 5118.75 C) 4475.25 D) none

Last Answer : Answer: B)  Let the capital of C be y  Let the capital of B be 8y  Let the capital of A be 48y/4=12y  Ratio of their profit is ,  A:B:C = 12y : 8y :y  =12:8:1  Total of A&C =6300/8 *13  =Rs .10237.5  Average profit of A&C  =10237.5/2 =Rs.5118.75

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