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Korvikt [17]
2 years ago
10

Which situation is ideal for an entrepreneur to buy an existing business?

Business
2 answers:
hodyreva [135]2 years ago
5 0

Downturn and exceeds. If the economy in a market down turns more busisinesses fail and come up for sale.

matrenka [14]2 years ago
3 0

Answer:

The correct answer would be C for 1 and B for 2, Downturn and Exceeds.

Explanation:

During an economic Downturn, entrepreneurs find it easy to locate businesses up for sale because supply exceeds demand in this situation.

Entrepreneurs are the enthusiastic people who start businesses on their own and are liable for all the losses and profits incurred. They are strong decision makers. They are highly skilled people. They are highly innovative people who takes out ways to pass through sever problematic situations. So in this question, the entrepreneurs would go to buy an existing business during the downturn, because supply exceeds demands, which means there are surplus goods in the stock, and an entrepreneur knows very well that how to come out of this situation through his strong analytical, problem solving and decision making skills.

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Answer: Economic choices result in trade-offs.

Explanation:

The chart simply purports to show that when making economic decisions, you will have to accept trade-offs because resources are not infinite.

For instance, in order to expand, you will need to take on more financial risk. In that same vein, in order to serve more people, you will have to divide time between two stalls and might end up closing a stall.

Trade-offs simply have to be made.

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3 years ago
At Bargain Electronics, it costs $30 per unit ($20 variable and $10 fixed) to make an MP3 player at full capacity that normally
stiks02 [169]

Answer:

Effect on income= $0

Explanation:

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Effect on income= 24*4,960 - (20 + 4)*4,960

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2 years ago
Janet, a manager at hollyoak systems, is known for her passionate and people-friendly ways. janet knows all her employees well a
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3 years ago
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The Delphi technique is a useful way to gather opinions from experts who
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Answer:

The answer is option B) The Delphi technique is a useful way to gather opinions from experts who desire anonymity.

Explanation:

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Since the responses of the participants are anonymous, individual panelists don't have to worry about the consequences of their opinions.

Consensus takes time since opinions are carefully analyzed, making the method very effective.

It is an exclusive process used to arrive at a group opinion or decision by surveying a panel of experts.

Experts respond to several rounds of questionnaires, and the responses are aggregated and shared with the group after each round.

The experts can adjust their answer each round, based on how they interpret the group response provided to them to assess.

The ultimate result is meant to be a true consensus of what the group thinks whilst retaining the anonymity of the respondents.

5 0
3 years ago
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First, we will start with annual depreciation. We will always use straight-line depreciation in this course Consider a firm that
NARA [144]

Answer:

Annual Depreciation expense = $15695.7692  rounded off to  $15695.77

Explanation:

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