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OleMash [197]
3 years ago
12

An entrepreneurial team consists of: A. managers with similar skills, abilities, and interests.B. experienced professionals from

different areas of business.C. a group of wealthy investors who share a vision for a product.D. representatives from management, labor, and the government who work together to solve a company's problems in a creative way.
Business
1 answer:
deff fn [24]3 years ago
7 0

Answer:

B. experienced professionals from different areas of business.

Explanation:

As no individual alone can run the business, different experts for different areas are required, and accordingly an entrepreneurial team is formed with different individuals who are experts in their own field, which helps the organisation, to create an idea for new product, and then make it, and then sell it in the market.

They are just not some people with lot of money, or some government body, etc:

They posses some different skills, for each individual.

Thus, correct option is:

Statement B

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3 years ago
How do natural resources and geography relate to economic growth for a country?
Archy [21]

Answer:

Limited natural resources such as infertile land and lack of coastal access can limit economic growth for a country.

Explanation:

Natural resources are a source of wealth for the country.  Mineral such oil and precious stones have made nations wealthy.

Land is a factor of production. Lack of fertile lands will make a nation dependent on imports for its food security.  Access to coastal areas facilitates cheaper and fast international trade. Landlocked countries use harbor of other nations for global business. Goods and services from landlocked counties may be more expensive as a result of high transport costs.

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3 years ago
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3 years ago
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Which of the following statements is FALSE? I. If the demand curves are different, it is more profitable to set a single price t
Amanda [17]

Answer:

1st & 3rd are False, 2nd is True .

Explanation:

Price Discrimination is pricing strategy - involving firms charging different prices from different customers, for same goods & services.

If demand curves of different markets (customer groups) are different it is profitable for firms to do price discrimination - i.e selling at different prices, rather than single price. This enables firm charging maximum of their paying capacity from each customer group. Hence 1st statement is False

Markets having customers with more elastic (more price sensitive) demand should be charged lower prices. Markets having customers with less elastic (less price sensitive) demand should be charged higher prices. So, 2nd statement is True.

Arbitrage is ability of buying goods from low priced markets, selling them in high priced markets. In presence of arbitrage, it is difficult for firms to discriminate. So, 3rd statement is False.

3 0
4 years ago
If jjones withdraws 50000 from her personal account and deposits cash into a business account how to know 2hich accts to put in
Lina20 [59]

Answer:

The actions to write in the ledger are two.

Explanation:

When Jones withdraws from his personal account he is making a debit action, which indicates that this asset is decreasing and when that money is deposited to a commercial account he is making a credit action, which indicates that this asset is growing.

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3 years ago
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