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VladimirAG [237]
1 year ago
15

If you find a strategic partner or contact friends to test out your new idea, you are using the ______ method.

Business
1 answer:
ANTONII [103]1 year ago
7 0

If you find a strategic partner or contact friends to test out your new idea, you are using the <u>entrepreneurial</u> method.

<h3>What is entrepreneurial?</h3>

Entrepreneurial can be defined as the process in which a person take the risk to engage in a business due to the profit they will generate from the business.

Entrepreneurial method or process has to do with finding someone that will help to  test your new idea.

Therefore if you find a strategic partner or contact friends to test out your new idea, you are using the <u>entrepreneurial</u> method.

Learn more about Entrepreneurial here:brainly.com/question/22477690

#SPJ1

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Piper Technology's fixed costs are $1,500,000, the unit selling price is $250, and the unit variable costs are $130. What is the
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Answer:

141,667 units

Explanation:

The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.

As such, the net operating income/loss is the difference between the sales and the total costs .

Let the amount of sales in units be y then,

250y - 130y - 1,500,000 = 200,000

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= 141,667 units

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3 years ago
A man walks around a circular park 4 times in 12 minutes. The radius of the park is 49m. Find the speed of the man in km/h.​
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You are 30 years old today and are considering studying for an MBA. You just received your annual salary of $50,000 and expect i
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Answer:

Yes, you should take the MBA because the NPV of taking the MBA is positive.

Explanation:

the total economic costs of taking the MBA program include the lost wages + the costs of taking the MBA and any interest you could have earned by investing it on something else = ($50,000 x 1.03) + ($50,000 x 1.03²) + (2 x $30,000 x 1.08) = $51,500 + $53,045 + $64,800 = $169,345

the present value of your total economic costs:

$51,500/1.08 + $53,045/1.08² + $32,400/1.08 + $32,400/1.08² = $47,685.19 + $45,477.54 + $30,000 + $27,777.78 = $150,940.51

if you continued to work, your salary at year 3 would be $54,636.35 and it would continue to increase by 3% every year. The salary that you can earn with an MBA is $80,000 and it will grow by 4% per year. I used an excel spreadsheet to calculate future salaries and the differential amount between them. Then I calculated the PV at the beginning of year 3 of the differential income.

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the NPV of taking an MBA = $444,769.38 - $150,940.51 = $293,828.87

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3 years ago
The nominal exchange rate is 4 Saudi Arabian riyals, 8 Moroccan dirham, 60 Indian rupees, or .8 euros per U.S. dollar. A fast fo
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Answer:

b. Britain (France)

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According to the numbers given for exchange rates, the real exchange rate between American and foreign goods is lowest with Britain.

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3 years ago
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As a graphic artist, Randy has just finished a new calendar. The calendar cost him $1.00 for the glossy paper, $3.00 for the six
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Answer:

Break-even units = 66.67 units

Explanation:

<em>Break-even point is the level of activity that achieves no profit or loss. At this level profit is zero because the the total revenue is equal to total cost.</em>

<em>The break-even point is calculated as </em>

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Contribution per unit = 15- (1+3+0.50) = 10.5

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So the units requited to achieve break-even point:

Break-even point =  700/10.5

                            = 66.67 units

4 0
3 years ago
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