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scoundrel [369]
3 years ago
12

Once Arnold Patel had decided he wanted to quit working as a Web designer for a large advertising agency and go into some kind o

f business for himself, he did a self-assessment, which indicated that he had an entrepreneurial spirit. His next step will be to:
Business
1 answer:
Nataly_w [17]3 years ago
3 0

Answer:

The correct answer is letter "E": find the idea for his business.

Explanation:

There are no set of steps or books that could determine when entrepreneurs could start a business or not. Most ventures are engaged by recognizing an opportunity and matching it with strengths individuals have that could make the plan work. Proper assessment and partnership are vital in this stage for the venture not to be affected by the initial challenges of entering into a market.

<em>If Arnold has found he has an entrepreneurial spirit, then, he should spot different opportunities in the market for him to take one and develop a business idea.</em>

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Ads and more, an advertising agency, recently expanded their offices as their 3 year lease came to an end. which best describes
Vlad [161]

Ads and More was able to change some of its fixed costs and are now under long-term conditions.

Advertising(Ads) is marketing communication that uses overtly sponsored, impersonal messages to promote or sell products, services, or ideas. Advertising sponsors are typically companies that want to promote their products and services.

Online advertising, also known as online marketing, internet advertising, digital advertising, or web advertising, is a form of marketing and advertising that uses the Internet to promote products and services that target audiences and platform users.

Learn more about Ads here:brainly.com/question/14227079

#SPJ4

5 0
2 years ago
Suppose a commercial banking system has $40,000 of outstanding checkable deposits and actual reserves of $4,500. If the reserve
ludmilkaskok [199]

Answer: $50000

Explanation:

Based on the information that's been given in the question, firstly we need to calculate the excess reserves which will be:

= $4500 - (10% × $40000)

= $4500 - $4000

= $500

Then, the money supply that's expanded will be:

= Excess reserve / Reserve ratio

= $5000 / 10%

= $5000 / 0.1

= $50000

Therefore, the answer is $50,000.

3 0
4 years ago
The managers at Camphor Plastics decided that their firm needed to diversify because of overall falling sales and lower performa
aleksley [76]

The diversification will compensate for the lackluster performance in this sector by having higher performance in another sector.

<h3>What is a diversification?</h3>

This is a business strategy that involves entering into a new market that one firm have not be operating in for introduction of a new product for that new market.

Hence, for Camphor Plastics, the diversification will compensate for the lackluster performance in this sector by having higher performance in another sector.

Read more about diversification

<em>brainly.com/question/417234</em>

#SPJ1

5 0
2 years ago
A disadvantage of using the Web to communicate with potential customers is that it does not offer the cost savings of mass media
labwork [276]

Answer:

<u>False</u>

Explanation:

Remember, the word mass media encompasses the use of the internet or web to communicate information.

The cost savings of the web sprangs from digital media which is a form of mass media.

Therefore, a company using the Web to communicate with potential customers  is achieving cost savings through a form of mass media called the <em>digital media.</em>

<em />

5 0
4 years ago
Parsons Company acquired 90% of Roxy Company several years ago and recorded goodwill of $200,000 at that date. During 2015 an an
Crank

Answer:

d. $150,000.

Explanation:

The computation of the consolidated goodwill reported is shown below:

= Recorded amount of goodwill - impairment amount of goodwill

= $200,000 - $50,000

= $150,000

By deducting the impairment of goodwill from the recorded amount of goodwill we can get the consolidated goodwill that is to be reported.

The 90% acquired percentage is ignored

6 0
3 years ago
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