Answer:
C. Entrepreneur
Explanation:
An entrepreneur is a person who organizes, operates and takes risks for a new business venture. The entrepreneur brings together the various factors of production to produce goods or services.
some of the characteristics of a good entrepreneur are listed below
• Risk taker
• Creative
• Optimistic
• Self-confident
• Innovative
• Independent
• Effective communicator
• Hard working
Ben ability to focus on creating solution for customers shows that he is creative and innovative.
Answer:
Time needed to complete the 4th unit = 57.80 hours
Explanation:
<u><em>The learning curve theory</em></u><em> states that as the cumulative output doubles the cumulative average time taken till date is reduced to a certain percentage of the previous time. This percentage is called learning rate</em>
Total time = Average time × cumulative number of units
The cumulative average time is determined using the formula below:
Y= aX^b
a - time taken for the first unit produced
b = log LR/Log 2
X- cumulative units till date
Y - cumulative average time taken for X units
LR- Learning rate
LR = 68/80 = 0.85 = 85%
<em>Time needed to complete the 4th unit</em>
= Learning rate × time take for the 2 unit
= 85% × 68
= 57.80 hours
Time needed to complete the 4th unit = 57.80 hours
Answer:
effective interest rate
Explanation:
The effective interest rate is the rate that an investor actually earns from investing in a bond. The effective interest rate is usually different than the interest rate stated on a bond (e.g. coupon rate).
It is also called market interest rate because bonds are sold in secondary markets at a different price than face value (usually bonds are sold at a premium or at a discount). That price at which the bonds are sold determine if the effective interest rate will be higher or lower than the stated interest rate of the bond.
The correct answer is E; job structure and pay level.
Further Explanation:
Each company has different jobs and pay for their employees. Many workers start a job at entry level positions and will rise higher in the company the more time they are there.
Each job will pay differently and each job will have different levels of pay. This is how the pay structure is established in large companies. State and Federal government jobs always operate on a pay structure such as this.
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Answer:
The answer is stated below:
Explanation:
The challenges which one would face and these are:
1. Hiring especially and retaining the top talent.
2. Secure the budget.
3. Economic fluctuations.
4. Trained professionals.
5. Evaluation of ROI (Return on Investment) on activities of the marketing.
When the company or firm faces the limitations grounded on the real world situations then all of the mentioned above will be a challenge for the company. The firm or the company will have to meet the fluctuation which is linked with the economic conditions as well as the currency.
When the assumptions are build as a simulation then the company or the firm will not be in a position to take the risk. The assumption could cause the firm to travel safely in the economy, in order to take or face the challenges the firm should ready to face the risks and have the plans in respect to tariffs, currency and other barriers.
If the firm wants to play safe then should be open to all the fluctuations and prepared to meet the ups as well as downs in the business.
So, assumptions should be made in such a way that they safeguard or protect the company but should not be such that it will limit the company growth.