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Naddik [55]
3 years ago
6

Anshul worked as an engineer for futurtech. he had many innovative ideas for the company, but most were never explored to his sa

tisfaction. therefore, he left the corporation to start his own business. he applied his ideas and thoughts to this business and finally succeeded. this is an example of ________.
Business
2 answers:
liberstina [14]3 years ago
8 0
<span>The fact that Anshul had many innovative ideas and he applied his ideas and thoughts to this business and finally succeeded is an example of </span>entrepreneurs<span>hip.
</span>Entrepreneurship involves ideas, new solutions and concepts, creating new systems, resources, or processes to produce new goods or services and/or serve new markets.
ivolga24 [154]3 years ago
8 0

Answer:

Entrepreneurship.

Explanation:

Entrepreneurship is the process of setting up a new business. And the person who sets up the business is called Entrepreneur. These businesses are usually small in the beginning but with the passage of time, entrepreneurs' hard work, dedication, innovation, lead this small business to the heights of success.

In this case, Anshul thought that his ideas were not explored to his satisfaction, so he decided to set up his own business where he can openly uses his ideas to their fullest. So he became an Entrepreneur.  

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What is the key feature in basic automobile insurance ?
tensa zangetsu [6.8K]

Ordinarily, the automobile insurance includes<u> 4 basic features. </u>

The first one is the body bodily injury coverage - which covers the fee of medical expense, lost wags or pain, etc. which you may have to suffer from when you are injured in accident.

The second one is the property damage coverage. As in some situation, you may cause accident leading to damage of other vehicle or property. This feature of insurance would help you to pay for these expense to compensate.

The third feature is comprehensive coverage. This is optional in your insurance and it would cover the expense on repair in case of fire or natural disaster, theft, etc.

The last one is collision coverage, which support the fee of repair of vehicle due to the crash with other vehicle.

3 0
3 years ago
Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5. 2%
PSYCHO15rus [73]

Premium is often paid by people based on some kinds of services offered.

From the picture attached, we can see Royce' premiums for the previous year, which were;

  • Bodily injury $22.50
  • Property damage $144.75
  • Collision $275.75
  • Comprehensive $100

If you add all together, the total premium of the policy was $543

Note that the premiums will increase by 5.2%,

therefore, the new total premium will be = $543 x 1.052 = $571.24

Learn more from

brainly.com/question/13880376

7 0
2 years ago
Williamsburg Nursing Home is investing in a restricted fund for a new assisted-living home that will cost $6 million. How much m
Digiron [165]

Answer:

Annual deposit= $188,842.66

Explanation:

Giving the following information:

Williamsburg Nursing Home is investing in a restricted fund for a new assisted-living home that will cost $6 million.

n= 15 years

i= 10%

We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (6,000,000*0.10)/[(1.10^15)-1]

A= $188,842.66

3 0
3 years ago
A consumer's weekly income is $250, and the consumer buys 12 bars of chocolate per week. When weekly income increases to $280, t
Vikentia [17]

Answer:

0.69

Explanation:

Given that we have the formula for calculating income elasticity of demand as the percent change in quantity demanded divided by the percent change in income, hence, we have the percent change in quantity demanded => 13 - 12 = 1 ÷ 12 = 0.083

the percent change in income => 280 - 250 = 30 ÷ 250 = 0.12

Therefore we have => 0.083 ÷ 0.12 = 0.69

Hence, the final answer is 0.69

6 0
3 years ago
In 2008, the United States began to witness one of the worst recessions since the 1930s. The collapse of the housing bubble in 2
deff fn [24]

Answer:

B. Liquidation.

Explanation:

Liquidation is and aftermath of the inability of a company or establishment to meet up with her obligations at the required moment. Thus, the company folds-up, lay off her staff and stop operating. While reorganization is a form of restructuring in a company or establishment. It may involve change of positions and duties among capable staff.

The example in the given scenario is that of liquidation because it ceased from operation.

3 0
3 years ago
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