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Charra [1.4K]
3 years ago
12

The reason Lin has been so successful in expanding her small auto body shop into a very profitable business with three locations

is very simple. From the beginning, she has quietly focused on doing the work that needed to be done and avoided being distracted from that work. Which entrepreneurial type best describes Lin?a. machine b. prodigy c. hustler d. innovator
Business
1 answer:
stealth61 [152]3 years ago
8 0

Answer:

A. Machine

Explanation:

There are various categorisations of entrepreneurs based on their characters, abilities and strategies among others. However,the founder institute developed a new categorisation for entrepreneurs by testing about 30,000 entrepreneurs including known names like Steve Jobs and Elon Musk and categorising them based on their priorities and qualities into the following: Hustler, Prodigy, Visionary, Innovator, Strategist and Machine.

Machine Category: This represents entrepreneurs who maintain a high level of focus getting things done. They simply focus on the task ahead of them and get them done. They are very concerned about efficiency and effective delivery of their tasks. Lin simply became very good at what she was doing by being dedicated to the tasks ahead of her.

Other Categories

Hustlers- they can sell anything and get into the promotion and sales of all manner of products and services

Prodigy - The excel in business with innate business instinct and sense, their strong intellects and social skills ensures their success

Visionary - Combines innovation with enthusiasm and is capable of carrying the masses along in these innovations as a result of the energy committed

Innovator- Always looking forward to improving on old ideas and find new ways of doing things. They are challenged by change

Strategist- Always looking at how to achieve long term goals, very tactical and calculating.

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Product distribution franchises meaning: Distribution Franchise, these product-driven franchises are where the franchisee distributes the parent company products and some related services. The parent company provides the use of its branded trademark, but not typically an entire system for running a business.
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By the time you turn 30 years old, what insurance do you expect to have?
WINSTONCH [101]

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The city of spartan's fiscal year ends on december 31. on october 1, 2017, the city issued $1,000,000 of 6%, 10-year term bonds
Semenov [28]

Answer: There was $0 in 2017 and $60,000 in 2018.

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In 2018 there were two bond payments made. The annual interest is 6%, so the total interest to be recorded as an expenditure for the year is .06 x $1,000,000 = $60,000.

7 0
3 years ago
provides information to coordinate all of the business processes that deal with customers in sales, marketing, and service to op
AysviL [449]

Answer:

Customer Relationship Management (CRM)

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The customer relationship management deals with managing the relationship with the customers so that the company satisfies its customer to a large extent. The motive of CRM is to gain maximum customer satisfaction so that it can retain its customers for longer time. It can be done in the following ways

1. Deliver the goods at pre-decided time and location

2. Providing them excellent services and offering them great discounts so that the company can achieve its sales target which helps the company to achieve its goals in a specified time period.

6 0
3 years ago
For each separate case below, follow the three-step process for adjusting the unearned revenue liability account at December 31.
Anastaziya [24]

Answer:

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Step 2)The current balance should equal to (9000/12 * 10) $ 7500

Step 3) the adjusting entry would be

Dec 31              Unearned Revenue          $ 1500 (dr)

                              Revenue Earned                                     $ 1500 (Cr)

Step 1) The current balance equals to $ 400.

Step 2) The current balance should equal $ 100

Step 3) The adjusting entry would be

Dec 31             Unearned Services Revenue    $ 300 (dr)

                                Services Revenue  Earned                     $ 300 (Cr)

Step 1) The current balance equals to $ 3000.

Step 2) The current balance should equal ( $ 30,000/12 *4= $ 10,000) $ 30,000- $ 10,000= $ 20,000

Step 3) The adjusting entry would be

Dec 31             Unearned Rent Revenue    $ 10,000 (Dr)

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