The difference between an inventor and an entrepreneur is that, an inventor develops new services and goods but he does not have them to the market. An entrepreneur risks resources may it be human, capital or natural in order to bring to the market improved and new products.
The risk which is incurred between entrepreneur and inventor is that, entrepreneur undergoes huge financial risks because a lot of money is being invested while inventor has low financial risk since there is no big investment which is being required.
<em>The key account management structure uses</em><em> team selling </em><em>to focus on important customers in order to build mutually beneficial, long-term cooperative relationships.</em>
<h3>What is Team selling?</h3>
Account-based selling frequently employs the sales technique of team selling to increase contract closure rates. Simply described, team selling is a collaborative sales method in which two or more team members work together to win business rather than working those accounts alone.
<h3>What is a good illustration of team selling?</h3>
Adding an additional salesperson or departmental expert to a call to address a client's specific needs is a straightforward example of team selling (e.g., manufacturing, customer service, or technical questions).
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Answer:
The initial deposit should be of: $97,439.62
Explanation:
Giving the following information:
To replace the new machine when it wears out, the company wants to establish a savings account today. The interest rate on the account is 1.9 percent per quarter and the cost of the machinery is $325,000.
To calculate the initial investment required, we need to use a variation on the simple interest future value formula:
FV= PV*(1+i)^n
PV= present value
Isolating PV:
PV= FV/(1+i)^n
i= 0.019
n= 4*16= 64
FV= 325,000
PV= 325,000/ (1.019^64)= $97,439.62
Answer:
190
$60
Explanation:
Equilibrium price is the price at which quantity demanded equals quantity supplied
Equilibrium quantity is the quantity at which quantity demanded equals quantity supplied
Let x = change in quantity supplied
the following equations can be derived from the question
165 + 5x = total change in quantity supplied
240 - 10x = total change in quantity demanded
At equilibrium, quantity demanded equals quantity supplied. So,
165 + 5x = 240 - 10x
collect like terms and solve for x
15x = 75
x = 5
this means that quantity supplied would have to increase 5 times : 165 + 5(5) = 190
and quantity demanded would have to decrease 5 times : 240 + 10(5) = 190
equilibrium quantity is 190
equilibrium price = $55 + 1(5) = $60
The answer is<u> "Supply will decrease."</u>
A storm that crushed the wheat products would make the cost of that grain to rise. Given that grains are a critical contribution to the make of oat, the ascent in the cost of grain speaks to an expansion in input costs for oat. This is spoken to in the grain advertise as a leftward move of the supply bend and no adjustment in the demand curve.