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DochEvi [55]
2 years ago
7

Which is not one of the four major characteristics associated with a growing entrepreneurial firm?

Business
1 answer:
Anastaziya [24]2 years ago
5 0

Which isn't one of the 4 major characteristics related to a developing entrepreneurial firm: Inimitable

Entrepreneurial firms are companies that carry new products and services to the marketplace by using creating and seizing possibilities. Definition (2): “A firm which undertakes volatile ventures and engages in product-market innovation is known as an entrepreneurial company.

As some distance as entrepreneurial culture is going, it's far taken to be synonymous with constant of innovation. Amazon is a distinctly innovative corporation. In fact, in 2017, it turned into identified by a speedy employer as the maximum revolutionary organization.

Learn more about entrepreneurial firm here: brainly.com/question/353543

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Product X-547 is one of the joint products in a joint manufacturing process. Management is considering whether to sell X-547 at
Katena32 [7]

Answer:

b. 1,2,3,4

Explanation:

Lets first understand what relevant cost is? Relevant cost is any cost that influences the decision of a decision maker. Therefore, the first four items are relevant in the decision of whether to sell the X-547 or to further process it.

Explanation for each item is as follows:

1- Selling price of X-547:

The selling price is relevant because it will help to determine the revenue generated from selling X-547 at the split off point and which could also be used for comparative purposes, if suppose the decision of further processing is chosen.

2- Variable cost of processing X-547 into Xylene:

The variable cost of processing X-547 is indeed relevant too, because at this stage management is not in a position to take a decision until they explore the possibilities coming out of processing X-547, therefore, in order to come to a decision making position the management will need to know the variable cost of processing X-547, making it relevant in the decision.

3- The avoidable fixed costs of processing X-547 into Xylene:

There is sometimes a fear (i.e fear of increase in step-fixed costs as a result of processing a product or fear of loss of control over costs) felt by the management when trying to process certain products for further development therefore those fixed costs which can be avoided during processing X-547 can also influence (i.e encourage) the decision of further processing X-547, making it relevant.

4- The selling price of Xylene:

The last but not the least, the selling price of Xylene. If the management finds that if X-547 is further processed into Xylene and it sells at a highly favorable/lucrative price, creating a huge margin for them then definitely they would be encouraged to taking the decision of further processing it.

5 0
3 years ago
The income statement measures the flow of funds into (i.e. revenue) and out of (i.e. expenses) the firm over a certain time peri
Alik [6]

Answer:

The answer is True.

Explanation:

Income statement ultimately shows the profit or the loss of the Organizational activities.

The data used in the preparation of the income statement are based on the accounting information are are always based on accounting information.

6 0
3 years ago
When town commons were broken up into lots each farmer had to bear all the costs and all the benefits of his choices about how m
sukhopar [10]

When town commons were broken up into private lots each farmer had to bear all the costs and all the benefits of his choices about how many animals to graze

<h3>What is private lots?</h3>
  • When non-governmental legal entities own property, it is referred to as private property. Private property can be distinguished from collective or cooperative property, which is owned by a collection of non-governmental enterprises, and from public property, which is owned by a state agency.
  • Capitalism, an economic system based on the private ownership of the means of production, is built on the principle of private property. Different political ideologies draw different distinctions between private and personal property, with socialist perspectives drawing a clear line between the two. Private property is a legal concept that is established and upheld by a nation's political system.

To learn more about Private property with the given link

brainly.com/question/27881320

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4 0
2 years ago
Exercise 6-5 (Algo) Performance obligations [LO6-2, 6-4, 6-5] On March 1, 2021, Gold Examiner receives $156,000 from a local ban
kirill [66]

Answer:

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5 0
3 years ago
Business owners can mitigate the consequences of a unintended event by ..A.compying with all laws and regulations
castortr0y [4]

Answer:

Buying business insurance

Explanation:

8 0
3 years ago
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