Which of the following is an advantage of being an entrepreneur in the consumer service industry?

2 answers:

5 0

The only initial investment is the hard goods. business basics can be learned along the way as well but the first one is most beneficial.

choli [55]2 years ago

3 0

The only initial investment required is the purchase of hard goods. This is an advantage of being an entrepreneur in the consumer service industry. When you service other people (consumers) you are making an initial large investment of what you need to start however the materials overtime, are less and less of an expense because most of the work for customer service is facilitating their needs.

You might be interested in

Constructive conflict Multiple Choice encourages employees to re-examine their basic assumptions about a problem and its possibl

anyanavicka [17]

Answer:

encourages employees to re-examine their basic assumptions about a problem and its possible solutions.

Explanation:

Constructive conflict encourages employees to re-examine their basic assumptions about a problem and its possible solutions.

When employees working in an organization are engaged in a constructive conflict, they are able to draw from a variety of ideas, opinions and views of the other party and by extension moving the organization forward in its operations, goals, objectives and mission.

<em>Hence, a constructive conflict enhances the level of output or production in an organization rather than inhibitions of growth and development. </em>

7 0

2 years ago

One major part of the opportunity costs of one's decision to go to college after high school graduation is the__________________

Serga [27]

Answer:

The correct answer is letter "C": full-time job that one could have gotten instead of going to college.

Explanation:

Opportunity costs can be defined as the return of the chosen option compared to the options forgone. Opportunity costs represent also the return of the best next available option after the option selected. Opportunity costs can be positive or negative which implies the option chosen was not the most optimal.

In this case,<em> the opportunity cost of going to college after finishing school is represented by starting to work in a full-time job to earn money.</em>

8 0

3 years ago

Corey, a supervisor, needs to rate the performance of 20 subordinates. He uses a rating scale to rate them on a scale of 1 to 10

Sonbull [250]

Answer:

central tendency distributional error

Explanation:

There are three types of distributional errors:

severity.- when the person in charge of rating is too strict and rates the employees with a poor grade.
leniency.- when the person in charge of rating is too lenient and rates the employees with a high grade.
central tendency.- when the person in charge of rating does not want to assume responsibility and rates the employees with a middle grade, not bad, not good.

3 0

2 years ago

6) If a security pays $55 in one year and $133 in three years, its present value is $150 if the interest rate is A) 5 percent. B

mrs_skeptik [129]

Your answer would be 10%

7 0

2 years ago

What is not a reason for branding on stadiums

Maslowich

I think intellectual curiosity is not a reason,

8 0

2 years ago