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3 years ago

Which of the following items describe the effects of an entrepreneur's actions? Select all that apply.

Business

2 answers:

vichka [17]3 years ago

5 0

<h2><u>Answer:</u></h2>

Every option in this case would apply.

Business people involve a focal position in a market economy. For the business people fill in as the start plug in the economy's motor, enacting and invigorating all financial activities. The monetary accomplishment of countries worldwide is the aftereffect of empowering and compensating the enterprising nature.

The general public is prosperous just to how much it compensates and empowers enterprising action since it is the business visionaries and their exercises that are the basic determinant of the dimension of achievement, success, development, and opportunity in any economy. The most unique social orders on the planet are the ones that have the most business visionaries, in addition to the financial and lawful structure to urge and persuade business visionaries to more noteworthy exercises.

For quite a long time, financial specialists saw the enterprise as a little piece of monetary action. Be that as it may, during the 1800s, the Austrian School of Economics was the first to perceive the business visionary as the individual having the focal job in all monetary action. For what reason is that?

Since it's innovative vitality, inventiveness, and inspiration that trigger the generation and clearance of new items and administrations. The business visionary embraces the danger of the endeavor looking for the benefit and who looks for chances to benefit by fulfilling up 'til now unsatisfied necessities.

Business visionaries look for disequilibrium- - a hole between the needs and needs of clients and the items and administrations that are right now accessible. The business person at that point unites the elements of generation important to deliver, offer and move wanted items and administrations. They contribute and hazard their cash - and other individuals' cash - to create an item or administration that can be sold at a benefit.

More than some other individual from our general public, business visionaries are interesting on the grounds that they're fit for uniting the cash, crude materials, fabricating offices, gifted work, and land or structures required to create an item or administration. What's more, they're fit for masterminding the showcasing, deals and conveyance of that item or administration.

Business visionaries are hopeful and future situated; they trust that achievement is conceivable and are eager to change their assets in the quest for the benefit. They're quickly moving, willing to attempt a wide range of procedures to accomplish their objectives of benefits. Furthermore, they're adaptable, willing to change immediately when they get new data.

Business visionaries are gifted at moving against the challenge by making an impression of distinction and uniqueness in their items and administrations. They constantly search out client needs that the challenge isn't fulfilling and discover approaches to offer their items and administrations so that what they're putting forth is more alluring than everything else accessible.

Business visionaries are a national fortune, and ought to be ensured, supported, empowered and remunerated however much as could be expected. They make all riches, all employment, all chances, and all success in the country. They're the most essential individuals in a market economy- - and there are never enough of them.

nydimaria [60]3 years ago

3 0

I would say all of the above. That is the function of an entrepreneur.

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Brightstone Tire and Rubber Company has capacity to produce 179,000 tires. Brightstone presently produces and sells 137,000 tire

Mariana [72]

Answer:

A. Reject (Alternative 1) $0

Accept (Alternative 2) -$815,584

Differential effect Income (Alternative 2) -$815,584

B. Goodman should REJECT the special order from Euro Motors

C.$115.69

Explanation:

a. Preparation of a differential analysis dated January 21

DIFFERENTIAL ANALYSIS

Reject (Alternative 1) Accept (Alternative 2) Differential effect Income (Alternative 2)

Revenues $0 $1,613,850 $1,613,850

(21,000 tires × $76.85 per tire)

Costs:

Direct materials 0 –$1,134,000 $1,134,000

(21,000 tires × $54 per tire)

Direct labor 0 –$504,000 $504,000

(21,000 tires × 24 per tire)

Variable factory overhead 0 –$312,480 $312,480

[21,000 tires × ($24 per tire × 62%)]

Variable selling and admin.

expenses 0 –$152,880 $152,880

21,000 tires × [(25 per tire × 44%) – ($93 × 4%)]

Shipping costs 0 –$160,650 $160,650

(21,000 tires × $7.65 per tire)

Certification costs 0 –$165,424 –$165,424

Income (Loss) $0 -$815,584 -$815,584

B. Based on the above Differentials analysis Brightstone should REJECT the special order from Euro Motors.

C. Calculation to determine minimum price per unit that would be financially acceptable to Brightstone

Minimum price per unit =$76.85-(-$815,584/21,000)

Minimum price per unit =$76.85-(-$38.84)

Minimum price per unit=$115.69

Therefore minimum price per unit that would be financially acceptable to Brightstone is $115.69

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3 years ago

the amount of goods and services produced by an economy divided by the amount of resources used to make those goods and services

Elenna [48]

Gross dometic product

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2 years ago

Why is it difficult for most small business owners to raise the capital needed to start, operate, or expand their ventures?

Andre45 [30]

Answer:

1. It is not easy to get funds for a start up, as many banks do not consider it as a successful decision to provide loan to a start up, as the feasibility of recovery of loan cannot be identified and guaranteed.

2. Venture capitalists also faces the same issue as of bank, also they are large equity investors and tend to invest in even larger project.

3. Private investors do not blindly invest and rather are more cautious then banks or venture capitalists, as because they do not huge funds to invest, and with less amount of investment they need even higher assurance.

4. Public stock is never available for a start up as for public stock issue you need great credibility, and good previous record.

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Alex_Xolod [135]

They cast them to be a better country

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2 years ago

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Which of the following statements are correct with regards to a change in a company's sales mix? (check all that apply)- A chang

ololo11 [35]

Answer:

The answers are:

A change in sales mix from high-margin to low-margin items may cause total profits to decrease despite an increase in total sales.
A change in sales mix from low-margin to high-margin items may cause total profits to increase despite a decrease in total sales.

Explanation:

A company's profit is affected by its sales mix. Profits will always be higher if high margin products or services make up a large proportion of the sales mix. Even if total sales decrease, due to a decrease in the sales of low margin products, the company's profits might increase if more high margin products are sold.

For example, a Ford sells mostly pick up trucks, SUVs and cars. The profit margin from car sales is very low, so in order to make a larger profit the company must focus on selling more pick up trucks and SUVs. Even if the company losses market share by not selling cars, it will make more money by selling high margin products.

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