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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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For the most recent year, Triad Company had fixed costs of $190,000 and variable costs of 75% of total sales revenue, earned $58
poizon [28]

Answer:

The computations are as follows

Explanation:

a)  Before tax income  is

 = After Tax Income ÷ (1 - Tax Rate)

= $58,500 ÷ (1 - 0.35)

= $90,000

b) Total Contribution Margin

Contribution Margin = Fixed Costs + Before Tax Income

= $190,000 + $90,000

= $280,000

c) Calculation of Total Sales

Variable Cost is 75% of Sales

SO, Contribution Margin 25% of Sales

Contribution Margin = $280,000

25% of Sales = $280,000

Sales = $280,000 ÷ 25%

         = $1,120,000

d) Break Even Point in dollars

Break Even Point in dollar = Total Fixed Costs ÷ Contribution Margin percentage

= $190,000 ÷ 25%  

= $760,000

We simply applied the above formula

8 0
3 years ago
Select the item below that is a characteristic of holistic marketing: _________
DanielleElmas [232]

Answer:

D. Considering all business aspects when marketing products

Explanation:

When a whole business (in general) is considered for the marketing strategy, it forms a holistic marketing approach. In this type of strategy different departments of an organization come together to give positive inputs that create a robust business marketing strategy.

6 0
2 years ago
In a closed economy, saving and investment must be equal, but this is not the case in an open economy. In the following problem,
Lilit [14]

Answer:

S>I

Explanation:

Y = C + I + G + (X - M) \\Y = C + I + G + NX

National saving is the income of the nation left after paying for government purchases and consumption. So,

S = Y - C - G

Y = C + S + G \\

Plugging this back into the equation for GDP, we get

Y = C + I + G + NX \\C + S + G = C + I + G + NX \\S = I + NX \\S = I + NX\\S = I + NCO

where, NCO is Net capital outflow.

When there is balanced trade, we have

X = M \\i.e \\NX = 0 \\So, S = I

When there is trade surplus, we have

X>M \\NX > 0 \\NCO > 0 \\Y > C + I + G

Thus,

S > I

6 0
2 years ago
What is the wholesaling industry??
FromTheMoon [43]
Wholesaling is the opposite of retailing. In a wholesaling industry, goods or products are being sold, and distributed to retailers. The wholesalers receives large quantities of these products and they are the ones who sells these to the retailers which are then sold to consumers. Hope this answers your question.
4 0
3 years ago
Scenario analysis: helps determine the reasonable range of expectations for a project's anticipated outcome. determines which va
Sidana [21]

Answer : A

Scenario Analysis is somewhat like a what-if analysis - i.e. it assess the outcome of a project by varying the key inputs for revenues and costs to arrive at a reasonable range for a project's anticipated outcome. Companies may alter several key variables at the same time to arrive at a scenario or scenarios.

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