Answer:
Answer is option b, i.e. Passion for his invention.
Explanation:
Roland has almost all the qualities of a successful entrepreneur which includes an innovative mindset, ability to identify new opportunities, but he lacks in being passionate about what he desires to achieve. To start something new and follow one's dream one has to be passionate enough to be consistent and patient. Passion without patience is merely a dream which cannot be realized in true form. Hence, instead of quitting on what Roland had started, he should have searched for some more ideas to influence various agriculture companies.
Explanation:
No matter how bold or ambitious your plans are to grow your business, the key to your business's success lies in three critical, interdependent components: operational excellence, customer relations/communications and financial management.
Conversion costs are the combination of direct labor costs plus factory overhead costs. Hence, conversion costs exclude the cost of direct materials.
So, here the conversion cost = Direct labor cost + Factory overhead cost
= $ 84,000 + $ 45,500
= $ 129,500
Answer:
The answer is planning
Explanation:
This process involves clarifying the kind of strategic objectives an organization would like to achieve and how this is to be done
1. Potentially enables US to trade with UK on better terms (than previously allowed when UK was a member of the EU)
2. Expected that Brexit will enable UK government to award National Health Service contracts to US suppliers
3. Brexit weakens the EU and hence makes US/NAFTA relatively stronger
