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Lina20 [59]
3 years ago
5

Greg benefited from his experience working for an established private company that provided innovative lighting for large music

venues. Although confident that he could start his own lighting business, he had limited capital to buy the necessary equipment needed to successfully compete with established companies. Which of the following strategies would best help Greg achieve his goal of business ownership?
A. Begin by offering to take over management of his employer's business, allowing the owner to enjoy some leisure timeB. Consider working for a major corporation, live modestly, and save until he has sufficient funds to start his businessC. Enroll in the closest university and apply for student loansD. Open his business and trust that his work experience will bring him success even with insufficient capital
Business
1 answer:
Murljashka [212]3 years ago
7 0

Answer:

A.

Explanation:

Based on the information provided within the question the best strategy for Greg would be to begin by offering to take over management of his employer's business, allowing the owner to enjoy some leisure time. This would allow Greg to run an already established business and make a name for himself within that market. He can later save up enough money and purchase that company from his employer in the future, or open up his own store that can compete in that market with the connections that he has made.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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adell [148]

Explanation:

Control

Entrepreneurs naturally have long-term vision and find focus on quarterly profits frustrating

As an owner of a privately held company, you have complete authority over operational decisions and don’t have to worry about shareholder expectations and interference. Shareholders in public companies are often focused on current earnings and they can exert tremendous pressure to increase earnings in the short term in order to increase the value of their stock.

Right of Non-Disclosure

Privately held companies are not required to disclose details about their operations that could potentially benefit competitors. The SEC has stringent disclosure requirements for public companies, including the details of investor conferences, research analyst meetings and shareholder discussions.

Confidentiality

Information such as executive compensation, legal settlements and other sensitive information cannot be kept confidential in public companies. Compliance with these SEC disclosure regulations can expose information that you would prefer to keep confidential.

The United States is considered the world's premier free-market economy. Its economic output is greater than any other country that has a free market. 1 The U.S. free market depends on capitalism to thrive. The law of demand and supply sets prices and distributes goods and services.

5 0
3 years ago
In doing "aggregate planning" for a firm producing paint, the aggregate planners would most likely deal with:
Gennadij [26K]

Answer:

The answer is option D) In doing "aggregate planning" for a firm producing paint, the aggregate planners would most likely deal with: all the different sizes and all the different colors by size.

Explanation:

Aggregate planning is concerned with forecasting the needs operational needs of an organization and making provisions for them ahead of time.

Aggregate planners develop, analyze, and draft an estimated schedule of the overall operations of an organization.

This estimated schedule contains targeted sales forecasts, production levels, inventory levels, and customer backlogs.

In doing "aggregate planning" for a firm producing paint, the aggregate planners would most likely deal with: all the different sizes and all the different colors by size.

The purpose of aggregate planning is to maximize the utilization of  equipment in order to increase productivity levels.

8 0
3 years ago
If a stock split occurred, when calculating the current year's EPS, the shares are treated as issued:A. At the end of the year.B
son4ous [18]

Answer:

Correct answer is (C)

Explanation:

At the beginning of the year.

Earnings per share (EPS) is the portion of profit earned by the company that is allocated to each outstanding share of its common stock. It is determined by taking the difference between a company's net income and dividends paid for preferred stock and then divided by the average number of shares outstanding. So if stock split occurred when calculating the current year EPS, the shares are treated as issued at the beginning of the year.

7 0
3 years ago
If consumer has rational, monotonic and convex preferences, which of the following is true concerning the substitution effect of
Zanzabum

Answer:

It will lead to an increase in consumption of good X only if X is a normal good ( D )

Explanation:

If consumer has rational, monotonic and convex preference the decrease in price of good X will lead to an increase in consumption of good X only if X is a Normal good .

This is because the demand for Normal goods increases with increase in consumers income. therefore <em>a decrease in price will automatically lead to an increase in demand because of the increase in the purchasing power of the consumer's income.</em>

5 0
2 years ago
Globalization has led to: Group of answer choices lower operational efficiency, as firms must transport raw materials and finish
jekas [21]

Answer: Option D

Explanation: Globalization refers to the free interaction among different countries of the world. Globalization results in free transfer of resources and technology around the world.

Due to globalization  a consumer of India can enjoy a product or service provided by a supplier of america. Thus, the competition increases to its best because off globalization. Therefore, the consumers are willing to purchase the best product in the market. resulting in increase in quality and decrease in cost.

Hence from the above we can conclude that the correct option is D.

4 0
3 years ago
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