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Leno4ka [110]
3 years ago
8

Working for a very large organization in the tractor manufacturing industry, John always heard complaints from customers about t

he parts and services aspects of the business. Taking an early retirement, John started his own business to specifically address the many customer complaints he had been hearing. Which of the following is most likely to be the factor that led John to the business idea?A. A similar business
B. Chance
C. Work experience
D. Family and friends
Business
1 answer:
Ksju [112]3 years ago
3 0

Answer:

The correct answer is letter "C": Work experience.

Explanation:

People's work experience allows them to obtain knowledge in the fields they developed their careers in. There are many cases in which individuals start working n large entities to have an idea of how certain business is handled to then start their own companies confident that the knowledge acquired will be enough to run the organization.

In John's case, <em>thanks to the complaints he heard while he was acquiring work experience in a tractor manufacturing company, he was able to open his own business to resolve the common issues he was already aware of.</em>

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Describe the problem of unlimited wants and limited resources
Dvinal [7]

Answer:

The problem of unlimited wants and limited resources is that if we keep wanting new things, the world can not keep up with us and we will not be able to provide materials for everything.  Water is being used, tree are being cut down, and metals are being mined.  Once these things are gone there is no more which is why there is a problem with alwasy wanting more.

Explanation:

4 0
4 years ago
Which of the following is a provision of the CARD Act? Group of answer choices Lenders cannot bribe an appraiser to misstate a h
Vlad [161]

Answer:

Credit card bills must be mailed at least 21 days ahead of their due dates.

Explanation:

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7 0
3 years ago
If the price of flash memory chips used in manufacturing smartphones​ decreases, what will happen in the market for​ smartphones
FromTheMoon [43]
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3 years ago
One reason that underpricing of new issues occurs more frequently than overpricing is that?
grigory [225]

One reason that underpricing of new issues occurs more frequently than overpricing is that underwriters want to reduce the risk of a firm commitment. Therefore, Option A is correct.

<h3>What is underwriting?</h3>

Some major financial institutions, including banks, insurance companies, and investment firms, offer underwriting services in which they guarantee payment in the event of damage or financial loss and accept the financial risk for liability resulting from such guarantee.

Therefore,  One reason that underpricing of new issues occurs more frequently than overpricing is that underwriters want to reduce the risk of a firm commitment. Option A is correct.

Learn more about underwriting:

brainly.com/question/28200340

#SPJ4

"Your question is incomplete, probably the complete question/missing part is:"

A. underwriters want to reduce the risk of a firm commitment.

B. the demand for a new issue is typically too high.

C. underwriters earn low rates of return.

D. issuing firms demand that equity be underpriced.

7 0
1 year ago
Creation of the FDIC encouraged reluctant depositors to put their money into the banking system.a) Aside from the benefit of red
NemiM [27]

Answer and Explanation:

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