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ExtremeBDS [4]
4 years ago
12

Jennifer, a talented photography student, started a corporate photography business. She planned to solicit jobs from large corpo

rations which needed pictures for their annual reports and websites. Although filling a unique niche, Jennifer needed the security that the business would thrive and that she would earn enough to support herself and her child. She also hoped that she would spend less time each day calling on potential clients and more time doing the actual shoots. As her small business consultant, which of the following suggestions would you have for Jennifer?
Jennifer should either take the risk necessary to develop a small business, or go to work for someone else.
In the beginning, it's doubtful that Jennifer will realize ease of entry, security, and good profits. She needs to make plans in the event that one or more of these does not materialize quickly.
Photographers can take pictures of a multitude of things. It's probably not good strategy to limit her business to only photographing the needs of large corporations.
Jennifer should definitely make time for herself each day so that she does not experience burn-out. If she plans well, leaping into her own business will provide her with several hours of unstructured time each day where she can perfect her craft even more.
Business
1 answer:
netineya [11]4 years ago
4 0

Answer:

Photographers can take pictures of a multitude of things. It's probably not good strategy to limit her business to only photographing the needs of large corporations.

Explanation:

The specualization on a market niche is the way a company can specialize when it has enough profits or a financial support. However, starting a new business when the economical resources are not big, it is better to start working for all the potential client, in her case she should take different projects, such as parties, movie makers or any job. Then when she has enough capital, she can specialize in the big companies biche.

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Valerie promises Teresa that she will pay Teresa $50 if Teresa will clean Valerie's house by noon on Saturday. If Teresa cleans
Leya [2.2K]

Answer:

b) false

Explanation:

This could be considered a bilateral and executory contract because both parties agreed to perform and exchange consideration in the future (in this case, Saturday). But it cannot be considered an implied contract.

E.g., an implied contract happens when you enter a movie theater and a commercial relationship is established where the movie theater must allow you to see a movie and you must pay your ticket for doing so. The same applies for other public places restaurants, theme parks, etc.

But in this case, Valerie's house is not a place where any person is free to attend. You cannot just go into Valerie's house and start cleaning so that she pays you $50.

Implied contracts might also result from previous performances, e.g. Teresa cleans Valerie's house every Saturday for almost 2 years now. The past performance might result in an implied contract, but this wouldn't be the case here either.

4 0
4 years ago
What song lyric from the Rolling Stones expresses a powerful economic idea?
Kazeer [188]

Answer:

The correct answer is: "You can't always get what you want".

Explanation:

British well-known rock band "The Rolling Stones" was formed in 1962. Along their hits, we can identify "Paint it black", "Give me shelter", "Wild Horses", "Waiting on a friend" or "You can't always get what you want" (released in 1996) which is a song encouraging people to fight for what they want to achieve even if not all the time what is desired can be obtained.

3 0
4 years ago
When income increases from $2800 to $3600 per month, quantity demanded of Good G decreases from 1,200 units to 800 units. What i
Paladinen [302]

Answer:

The income elasticity of demand for Good G is 1.17

Explanation:

Income elasticity of demand = % change in quantity demanded ÷ % change in income

% change in quantity demanded = (1200-800)/1200 × 100 = 400/1200 × 100 = 33.33%

% change in income = (3600-2800)/2800 × 100 = 800/2800 × 100 = 28.57%

Income elasticity of demand for Good G = 33.33% ÷ 28.57% = 1.17

7 0
3 years ago
What term is used to describe a technical, physical, or administrative process designed to reduce risk?
kvv77 [185]

Answer:

Control

Explanation:

Control in management as well as organization is very essential, it is very crucial for organization to achieve their goals. Control helps in the area of taking corrective measures whenever the needs arrises. It involves using technical as well as physical method in regulation of activities within an organization which will later reduces risk. It should be noted that control is

used to describe a technical, physical, or administrative process designed to reduce risk.

6 0
3 years ago
A borrower is seeking an FHA-insured loan. He will put the minimum 3.5% down payment and pay the upfront mortgage insurance fee
ziro4ka [17]

The APR is greater than the APOR threshold; hence, it is an example of higher priced loan.

<h3>What is APOR?</h3>

APOR  means authorized persons outside of residence and are used by government since the first lockdown in March 2020.

APOR threshold = Current APOR + 1.5%

APOR threshold = 4.672% + 1.5%

APOR threshold = 6.172%

The given APR in question is 6.474%.

In conclusion, the APR is greater than the APOR threshold; hence, it is an example of higher priced loan.

Read more about APOR

<em>brainly.com/question/13834243</em>

4 0
3 years ago
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