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3 years ago

Which one of the below is the MAJOR responsibility of a businessperson:

Business

1 answer:

igomit [66]3 years ago

4 0

Answer:

B) Making the value of the company increase by generating increasing revenues and profits

Explanation:

The main responsibility of a manager is to increase the company's value in order to increase the wealth of its owners. Of course this should be done in a legal way, e.g. a drug lord that makes millions can't be considered a good businessperson. The responsibility of a manager do not end there, they also have a duty with all the stakeholders of the company, starting with the employees, the government, the environment, their customers, and society as a whole.

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In one of the cases in the textbook, Michael Weinstein was the head of Coated Sales, Inc., a company that coated fabrics for use

Studentka2010 [4]

Answer:

The remaining part of the question is:

What happened to Weinstein?

A. After the bankruptcy, he raised new capital and started another fabric coating company.

B. He was convicted, sentenced to prison, and ordered to make restitution.

C. He cooperated with the government and became an informant against his partners who had been siphoning cash off of government contracts.

D. He was placed on probation after reimbursing the shareholders with the profits he had made on investments in the stock market.

Correct Answer:

B. He was convicted, sentenced to prison, and ordered to make restitution.

Explanation:

As a result of the frauds which Michael Weinstein committed leading to the failure of the company, he was charged to court based on the evidence gathered. Later, he was found guilty by the court leading to him being jailed.

7 0

3 years ago

Economic interdependence means that economic policies must balance the needs of

timama [110]

Economic interdependence means that economic policies must balance the needs of : Governments, individuals, and businesses

all three of them are the main actors of Economic. In order for interdependence for happen, the Government policies, the economic capabilities of individuals, and the outcome that produced by businesses must be integrated with one another

hope this helps

4 0

3 years ago

Read 2 more answers

Identify her/his entrepreneurial qualities and support your answer based on what you observed

marusya05 [52]

The main qualities of real entrepreneur are:
1) spiritual freedom and energy;
2) willpower;
3) ability to effectively negotiate and convince partners and customers;
4) organizational skills;
5) determination and willingness to situations of risk.

4 0

3 years ago

Stan is an investment manager. He has recieved money from various investors with a promise of very high returns on their investm

Mama L [17]

Answer:

(a) operating a Ponzi scheme

Explanation:

Ponzi scheme -

It is a type of fraud , which attracts investors for getting better profit in returns , is referred to as Ponzi scheme.

These schemes , attracts investors , with fake promise and exceptional deals , and then does not fulfil , any promise , and can lead to a big scam.

Hence , from the question, the example shown is about a Ponzi scheme.

4 0

3 years ago

What 3 factors affect the return on savings account

Flura [38]

Answer: u need to be more clear thx

Explanation: we can talk on comments

6 0

3 years ago