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zmey [24]
3 years ago
9

Greg has developed an automobile engine that runs efficiently for up to three hours on a single russet potato. His friends have

pointed out that it will be difficult to get car manufacturers to adopt his new technology and that it could take years to make it practical for people to rely on the new energy source for long trips. However, Greg is convinced he can make the U.S. economy energy independent, thus changing the world. He plans to create a new business called Spuds-to-Go to promote his new engine. Greg has:
a. vision and confidence.
b. no opportunity sense.
c. an external locus of control.
d. low strategic planning skills.
Business
2 answers:
kherson [118]3 years ago
5 0

Answer:

I am not sure. Maybe A?

Explanation:

natulia [17]3 years ago
4 0

Answer:

Correct option is (a)

Explanation:

For any venture to be successful, it starts with a vision or idea. In this case, Greg is confident that he will be able to convince US Car manufacturers to purchase his fuel efficient car even though his friends were doubtful if his product will be accepted by car manufacturers.

He also had a clear vision as his goal was to make US economy energy efficient. Vision is to have a positive outlook regarding future.

It can be inferred that Greg has both vision and confidence

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If you were interested in evaluating the profitability of a company and could have only limited historical data, would you prefe
Rudik [331]
I will prefer to know the OPERATING INCOME. Operating income refers to the operating profits of a company before the taxes and interests are removed. It reflects the true situation of the company and can be used to analyse if a company is making profits from its manufacturing process or not. The net income of a company has some expenses and costs that do not reflect the core operations of the company. 
5 0
3 years ago
In the circular flow of economic​ activity, there are two kinds of markets in which firms and households interact. In the factor
Nostrana [21]

Answer: Goods and the services are exchanged

Explanation:

 The circular flow of the economical activity is refers to the various types of economical relationship in the market economy and the money and the wages are the form which is basically used for purchasing the products and the services.

 In the given factor market the various types of products and the services are get exchange by the interaction of organization and the household. It is also helps for calculating the specific national income.

Therefore, Goods and the services are exchanged is the correct answer.

5 0
3 years ago
The following are some of the steps in the accounting cycle. Which of the following reflects the steps in the correct order? Fin
lukranit [14]

Answer:

The correct answer is:

  1. Journalized business transactions are posted to the ledger.
  2. An unadjusted trial balance is prepared.
  3. Financial statements are prepared.
  4. Closing entries are journalized and posted to the ledger.
  5. A post-closing trial balance is prepared.

Explanation:

The following phases or stages are distinguished in the accounting process or cycle:

  1. Initial situation balance.
  2. Accounting opening.
  3. Record of the operations of the year.
  4. Periodification
  5. Adjustments prior to the determination of the benefit - or loss - generated in the year.
  6. Balance check sums and balances.
  7. Calculation of the result.
  8. Accounting closing.
  9. Annual accounts.
  10. Distribution of the result.
7 0
3 years ago
Nelson Manufacturing has the following data:Variable costs are 60% of the unit selling price.The contribution margin ratio is 40
Strike441 [17]

Answer:

The answer is C. $500,000 + .40X = X

Explanation:

$500,000 + .40X = X

Break even point = 500000 ÷ 500

= 1000 units

5 0
3 years ago
Matthew​ Liotine's Dream Store sells water beds and assorted supplies. His​ best-selling bed has an annual demand of 410 units.
never [62]

<u>Given:</u>

Annual demand = 410 units

Ordering cost = $41

Holding cost = $5 unit per year

<u>To find:</u>

Number of units to be ordered each time an order is placed

<u>Solution:</u>

On calculating the number of units,

\Rightarrow \sqrt{(\frac{2(390)(38)}{5})} \rightarrow\sqrt{\frac{780\times38}{5}}= 76.99

Therefore, to minimize the total cost, approximately 77 units should be ordered each time an order is placed.

5 0
3 years ago
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