All categories

2 years ago

1.1.2 Explain how entrepreneurs in your community used creative thinking to generate entrepreneurial opportunities

1 answer:

7 0

One of the things that every leader and businessperson needs is creativity. The boundaries of an investor's thinking and skill set are removed through creativity. As a result, entrepreneurship and creativity go together perfectly.

Entrepreneurship requires enthusiasm, willpower, tenacity, and the capacity for innovation. Running a small or medium-sized business requires a lot of courage and a little bit of madness. However, creativity should be the most significant quality.

Thinking creatively is a strategy for bringing a new perspective to issues and circumstances. It is frequently referred to as "thinking outside the box" and revolves around ignoring the more conventional, orthodox, and practical approach in favor of coming up with creative solutions to issues.

Making connections between people, products, and concepts that no one has ever made before is another example of creative thinking. It can also involve recognizing patterns where others might not be able to.

To know more about Entrepreneurship refer:

brainly.com/question/2431287

#SPJ9

You might be interested in

in 2018, a company employee received an option to purchase the company's stock at $45 per share. if the stock is trading at $40

erma4kov [3.2K]

Based on the stock's price in 2020, the employee will most likely not bother to exercise the options.

<h3>When are options exercised?</h3>

Options are exercised by employees or other parties when the market price of the underlying stock is more than the price that the option can be redeemed at because this would lead to profit.

The underlying stock here is trading at $40 which is less than the price of redeeming the option so the employee will not exercise the options.

Find out more on exercising options at brainly.com/question/25750529

#SPJ1

7 0

2 years ago

Cybertrex, a manufacturing facility, rented a new piece of equipment on January 1st and agreed to pay an annual rental fee of $1

barxatty [35]

Answer:

4) $120,781

Explanation:

You can calculate the present value of the rental payments in two different ways:

1) multiply the value of the annuity times the present value of the annuity for 10 years = $18,000 x 6.71008 = $120,781

2) or you can divide calculate the present value of every annuity and then add them up

present value = ($18,000 / 1.08) + ($18,000 / 1.08²) + ($18,000 / 1.08³) + ($18,000 / 1.08⁴) + ($18,000 / 1.08⁵) + ($18,000 / 1.08⁶) + ($18,000 / 1.08⁷) + ($18,000 / 1.08⁸) + ($18,000 / 1.08⁹) + ($18,000 / 1.08¹⁰) = $16,667 + $15,432 + $14,289 + $13,321 + $12,250 + $11,343 + $10,503 + $9,723 + $9,004 + $8,337 = $120,781

7 0

3 years ago

Juan is a very smart individual in a company. While he works hard, he sometimes is perceived by his co-workers as condescending.

andrew-mc [135]

Answer:

It contains the "Blind Self"

Explanation:

The Johari Window is a cognitive psychology tool created by psychologists Joseph Luft and Harry Ingham to illustrate the processes of human interaction. This model of analysis illustrates the process of communication and analyzes the dynamics of personal relationships. It attempts to explain the flow of information from two points of view, exposure and feedback, which illustrates the existence of two sources: the "others" and the "I".

The Blind Self when we talk about the Johari window model we talk about a main key or concept; BLIND (area/self/spot) which refers to those areas about which the person himself/herself is unaware while others are aware of. it is one of the key concepts

8 0

4 years ago

The relationship between the amount funded (cash sent to trustee) and the amount reported for pension expense is as follows: Sel

Nostrana [21]

pension expense may be greater than, equal to, or less than the amount funded.

Answer: Option B.

<u>Explanation:</u>

Pension expense is the expense that a trustee has to bear to give pensions and other offerings to the people who have retired from the services which they were offering.

The amount that the trustee will get in the form of amount funded does not necessarily be the same amount as the expenses of the cash given in the form of pension. It can be greater than equal to or even lesser than the expenses made.

5 0

3 years ago

Consider the adjustment process at the end of the accounting period. 1. Record the adjusting entries in the journal. 2. Prepare

dimulka [17.4K]

Answer:

3, 1, 4, 2

Explanation:

The adjustment are required so that any change in any account would be recorded in the books of accounts

The steps to record the adjustments is as follows

3. Determine the accounts requiring adjustment, using the unadjusted trial balance. Like supplies, insurance, rent, etc

1. Record the adjusting entries in the journal. Like supplies, insurance, rent, etc

For example, the adjusting entry for supplies account is

Supplies expense A/c Dr XXXXX

To Supplies A/c XXXXX

(Being the supplies expense is recorded)

4. Post the adjusting entries to the general ledger.

2. Prepare an adjusted trial balance to check the equality of the debits and credits. It includes all the adjusting entries that are recorded and the trial is always matched.

6 0

3 years ago

1.1.2 Explain how entrepreneurs in your community used creative thinking to generate entrepreneurial opportunities ​

1.1.2 Explain how entrepreneurs in your community used creative thinking to generate entrepreneurial opportunities