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Nonamiya [84]
3 years ago
8

Thomas has started a new business venture for which he has been using highly economical resources, such as the market research d

ata available in public libraries, low-interest funds borrowed from national banks, and equipments hired on lease. This technique used by Thomas to overcome resource constraints in his start-up firm is best known as _____. Multiple Choice
collective bargaining

bootstrapping

caveat emptor

moonlighting
Business
1 answer:
saul85 [17]3 years ago
5 0

Answer:

bootstrapping

Explanation:

Based on the information provided within the question it can be said that the technique that Thomas has used in order to overcome these obstacles is known as bootstrapping. This term refers to starting a business from the ground up with very little resources, mainly a few personal savings and luck. This technique focuses on overcoming obstacles through perseverance and dedication, such as Thomas has done in this scenario.

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Having _________ information can help you determine your restaurant’s concept and tell you if your business has a chance to succ
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I would say detailed information would help
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3 years ago
For March, sales revenue is $1,000,000; sales commissions are 5% of sales; the sales manager's salary is $80,000; advertising ex
nasty-shy [4]

Answer:

$217, 100

Explanation:

The selling expenses are as follows

sales commissions 5% of 1,000,000

=5/100 x 1,000,000 = $50,000

sales manager is   $80,000

Adverting expenses $65,000

shipping expenses 1% of 1,000,000

=1/100 x 1,000,000 = $10,000

Miscellaneous expenses 2100 + 1/100 x 1,000,000

=2100 +10,000 =  $12,100

Total selling expenses = $50,000 + $80,000 + $65,000 + $10,000 + 12,1000

= $217, 100

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3 years ago
Losses due to accidents at an amusement park are exponentially distributed. an insurance company offers the park owner two diffe
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The answer is definitely 0.640
5 0
4 years ago
Jessica recently joined a new company and was first introduced to Michelle, her cubicle neighbor. Michelle came across as amiabl
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Answer: Contrast Effect.

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4 0
3 years ago
Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $5.60 dividend every year, in perpetuity. If thi
faltersainse [42]

Answer:

Required rate of return is 6.97%

Explanation:

The required rate of return can be ascertained from the price formula below when the subject of the formula is changed to rate of return instead of stock price:

Stock price =dividend/required rate of return

stock price is $80.40

required rate of return is unknown

the dividend on the preferred stock is $5.60

required rate of return=dividend/stock price

required rate of return =$5.60/$80.40=6.97%

The required rate of return based on the stock price and dividend information provided is 6.97%

4 0
4 years ago
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