Answer:
Here, Kevin is an entrepreneur.
Explanation:
- An entrepreneur is someone who has creative ideas that identifies the need of the society and uses the opportunity to earn profit.
- There is no specific age for entrepreneurs. Creativity, thirst for work, optimism are some characteristics of entrepreneurs.
- They are very curious, optimistic and opportunistic. They train their minds to find solution to problems in the surrounding.
- Here, Kevin used his own ideas and identified the need for business in graphic design and started a graphic design business evaluating its risks and benefits. SO, he is the entrepreneur.
Answer:
True
Explanation:
The path-goal theory emphasizes a leadership style that enhances the performance of the subordinates by helping team members identify clearly the path through which they would accomplish their goals coupled with the fact that such accomplishment would be met by great rewards.
In achieving the desired results under the path-goal theory, employees are reminded of behaviors that would yield positive outcomes since the right attitude which is a product of behavior is important to deliver on job set targets.
Having the right positive mental attitude sets success apart from failure.
Its almost the same thing as price gouging but not really
True statement for a business plan among following :
(C)Business Plan Provide Road map for future plan true statement for a business plan .
A business plan is a written description of your business's future. That's all there is to it--a document that describes what you plan to do and how you plan to do it.
Explanation:
A business plan can help to direct business for its future and avoid bumps in the road. A Business Plan series provides detailed instructions for working through each section of the business plan.
Although Business plan doesn't guarantee success but provide detailed financial projections, forecasts about your business's performance, and a marketing plan that may help to achieve business goals.
Answer:
COGS= $15,000
Explanation:
Giving the following information:
Purchase= 500 grills
Unitary cost= $75
Units sold= 200
<u>To calculate the cost of goods sold, we need to use the following formula:</u>
COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
COGS= 0 + 500*75 - 300*75
COGS= $15,000
or;
COGS= 200*75= $15,000
