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Ghella [55]
1 year ago
12

When an entrepreneur makes the decision to own and run a business, he or she assumes risks that are offset by the potential of _

_______.
Business
1 answer:
Alexeev081 [22]1 year ago
8 0

When an entrepreneur makes the decision to own and run a business, he or she assumes risks that are offset by the potential of earning a profit.

<h3>Who is an entrepreneur?</h3>

This is the person that is referred to as the one that opens and runs a business for the sake of making gains which is referred to as profit.

The entrepreneur is a person that is interested in being able to come open and run a business and also manage the risks that are involved in the business. Such a person is innovative in nature and they are able to take risks.

Hence When an entrepreneur makes the decision to own and run a business, he or she assumes risks that are offset by the potential of earning a profit.

Read more on an entrepreneur here: brainly.com/question/353543

#SPJ1

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The best theory which could be used in telling us why there is more and more tattling in the school-age group would most likely be either behavioral or cognitive - so A or B. However, it's most likely that the correct answer would be A as behavioral theories of behavior seem to be more effective for discovering such things. 
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3 years ago
Identify factors that could prevent an older, established company from effecting an enterprise-wide, customer-centric culture.
leva [86]

Answer:

A more established company may find it difficult to implement an enterprise-wide, customer-centric culture due to the following reasons:

A) Existence of a Multi-Product Business Model

A business entity that is well established with a lot of years under its belt will find it a tough challenge to shift from a product-oriented business model to a customer-oriented business model.

To be product-focused simply means that that a company has woven its organisational structure around products. For examples, a company that is into the gaming business may have teams for their Sports Betting Section, another for their online gaming section, game hardware section, gaming apps section etc.

First, for these various teams, their performance metric will largely depend on how functionally efficient their products are.  

Second, techy or geeky staff are seldom efficient when it comes to emotional intelligence - a key requirement for being customer efficient.

One way to handle this is to ensure that there is a central Customer Relationship Management team that oversees the customers for each product.

B) Organisational Inflexibility

As direct to the point as it sounds, getting market intelligence for with the intention to use them for decision making is challenging. What is tougher is the ability to implement the insights from such intelligence to effect a turn around in the way customers perceive and respond to a company's offerings.

The ability to quickly take gather market intel, agree on a strategic direction based on same and execute can be referred to organisational agility.  

The more bureaucratic and hierarchical an organisation is (this, by the way, characterises older and more established business systems) the less agile it is likely to be.

Cheers!

   

3 0
3 years ago
Which is not a way the government can prevent a budget deficit?
yan [13]
<span>Selling stocks is not a way for the government to prevent a budget deficit. This would help a company or a bank, but it would do nothing to help a legislating body. Raising taxes or lowering spending levels can assist with closing up a spending gap, but the sale of stocks would not be of use.</span>
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4 0
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Each time a politician or celebrity writes a book, bookstores can expect at least some customers to want the book, but whether o
noname [10]

Answer:

The correct answer is letter "E": having enough books to satisfy customer demands versus the cost of having the inventory.

Explanation:

As stated in the case, bookstores do not worry about if the newly published book is going to be a hit in the stores. They only care about if at least some of their customers would want to buy the politician's book. Thus, the challenge for them is to find out if the stock they have is enough for their customers and what is the cost of storing that amount of books in their inventory.

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