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2 years ago

Why is there is a difference between the roles of a manager, a monitor and an entrepreneur? Support your answer with an example.

Business

1 answer:

aleksandrvk [35]2 years ago

6 0

An entrepreneur is the owner of the company while the monitor and manager are employees.

<h3>Who is an Entrepreneur?</h3>

This is the individual which owns the company and bears the risk and enjoys most of the reward derived from it.

The entrepreneur serves as an innovator, the manager helps to control the affairs of the company while the monitor oversees compliance.

Creating a supportive environment will there is an inclusive environment which will boost productivity.

Managing team dynamics involves understanding the roles and behavior of team members which ensures they are suited to the rule for increased productivity and less errors.

Read more about Entrepreneur here brainly.com/question/353543

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When a corporate name such as Sony is combined with a product brand name such as Walkman, the brand category is referred to as:

Ulleksa [173]

Answer:

Tiered brand

Explanation:

Tiered branding is a strategy used to leverage a company's reputation for a product line. This develops a distinct identity for the product line.

In the given scenario Sony brand I being leveraged to promote the Sony Walkman.

Usually the common tiered branding is two tiered branding. The top tier is the parent brand while the second tier is the sub brand.

So Walkman is the sub brand that uses the reputation of Sony to boost awareness and sales of the new product.

3 0

3 years ago

Chloe and Tamara start a vintage fashion boutique. While both invest equally in the store and are entitled to equal profits, it

WINSTONCH [101]

Answer:

Silent partner.

Explanation:

Chloe is a silent partner in this vintage fashion boutique. A silent partner or sleeping partner is that who invest in the business and have still shares in the profits and losses of the business, but who is not involved in day-to-day business transactions and in its management and his/her personal property is not at risk in case the business suffers losses as here Chloe and Tamara invested equally but Chloe is not taking part in the management of the business but still shares the profit and loss occurred but her personal property is not at risk in case of firm's insolvency.

3 0

2 years ago

Tracy Company, a manufacturer of air conditioners, sold 270 units to Thomas Company on November 17, 2021. The units have a list

coldgirl [10]

Answer:

November 17, 2021

Dr. Inventory $81,000

Cr. Account payable $81,000

November 26, 2021

Dr. Account Payable $81,000

Cr. Discount Income $2,430

Cr. Cash $78,570

December 15, 2021

Dr. Account payable $81,000

Cr. Cash $81,000

Explanation:

Sales Amount = 270 units x $400 = $108,000

Discount = $108,00 x 25% = $27,000

Net Sales = $108,000 - $27,000 = $81,000

Terms of sale 3/10, n/30 means there is a discount of 3% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.

Payment made on

November 26, 2021

As the payment is made within discount period, so discount will be availed

Discount = $81,000 x 3% = $2,430

Cash received = $81,000 - $2,430 = $78,570

December 15, 2021

As the payment is made after discount period, so no discount will be availed. Full payment of $81,000 will be made.

3 0

3 years ago

Standard rate per direct labor-hour $ 2 Standard direct labor-hours for each unit produced 3 Units manufactured 1,000 Actual dir

Nastasia [14]

Answer:

Variable overhead efficiency variance= $600 unfavorable

Explanation:

Giving the following information:

Standard rate per direct labor-hour $2

Standard direct labor-hours for each unit produced 3

Units manufactured 1,000

Actual direct labor-hours worked during the month 3,300

To calculate the variable overhead efficiency variance, we need to use the following formula:

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Variable overhead efficiency variance= (1,000*3 - 3,300)*2

Variable overhead efficiency variance= $600 unfavorable

5 0

3 years ago

At the equilibrium level of income in the Keynesian model, which of the following statements is nottrue?

ZanzabumX [31]

Answer:

c. There are more unemployed resources.

Explanation:

Equilibrium level of income is the level of income where aggregate supply in the economy is consistent with aggregate demand. that is the level of income planned savings is equal to planned expenditure. the equation can be written as S = I. where S = savings and I = investments

At equilibrium income level, aggregate expenditure is equal to aggregate output. The equilibrium equation can be written as Y = C+I+G+X-M where

Y = national income, I = investment expenditure of the firm, G = government expenditure on goods and services, X = export, M = import.

7 0

3 years ago