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3 years ago

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]3 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.

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You have driven 800 miles on a vacation and then you notice that you are only 15 miles from an attraction you hadn't known about

Semenov [28]

you get out of the car take a photo and get back in and drive

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3 years ago

Suppose Joe's wage increased from $10 per hour to $12 per hour, and over the same time period the GDP deflator increased from 10

Burka [1]

Answer:

Explanation:

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3 years ago

The summary of a state’s financial transactions with the rest of the world, including trade, __________, and the remittance of i

Oduvanchick [21]

The summary .................. including trade, FOREIGN AID and the remittance............. Balance of payment is the record of all economic transactions between the residents of a country and the rest of the world in a particular period of time. A balance of payment allows a country to monitor its import and export rates.

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3 years ago

The company cost of capital for a firm with a 60/30/10 debt/common/preferred split, 8% cost of debt, 15% cost of equity, preferr

sveticcg [70]

Answer:

b. 8.82%

Explanation:

WACC = Cost of equity x Weight of equity + Cost of Preferred Stock x Weight of Preferred Stock + Cost of Debt x Weight of Debt

Cost of Preferred Stock calculation :

Cost of Preferred Stock = Expected dividend / Market Price x 100

= $6 / $50 x 100

= 12 %

After tax cost of debt calculation :

After tax cost of debt = Interest x (1 - tax rate)

= 8 % x (1 - 0.35)

= 5.20 %

therefore,

WACC = 15% x 30 % + 12 % x 10 %+ 5.20 % x 60 %

= 8.82 %

6 0

2 years ago

Strategic groups typically follow different business strategies. In the pharmaceutical example in this case, the high-risk, high

Bumek [7]

The pharmaceutical example whereby the high-risk, high-return strategy is employed would be characterized by: d. related diversification.

<h3>What is Related Diversification?</h3>

Related diversification can be described as a scenario whereby a firm ventures into a new industry in which there are similarities in the business lines of the new and old industry.

In most cases, related diversification, is a strategy where the existing products and services have much similarity with the new ones that are being developed.

Therefore, the pharmaceutical example whereby the high-risk, high-return strategy is employed would be characterized by: d. related diversification.

Learn more about related diversification on:

brainly.com/question/417234

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2 years ago