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Bingel [31]
3 years ago
14

An entrepreneur is a person who assumes the risks of organizing and managing a business for the sake of reducing stress from the

"rat race."
A) True
B) False
Business
1 answer:
Gre4nikov [31]3 years ago
6 0

Answer:

false                                                    

Explanation:

For that reason, an entrepreneur relates to the individual who arranges and runs a company or enterprise, carrying on larger than average financial risks. Entrepreneurs simply think in a  different manner and perform certain activities in different ways.  

Being entrepreneurial can imply inside understanding of your business and being willing to use that skills to make new possibilities. Being creative may involve openly sharing ideas, and embracing so-called mistakes as learning and interactions developing.

Thus, from the above we can conclude that the given statement is false.

You might be interested in
Cody Barnett describes starting and managing your own business as
artcher [175]

Answer:

Time consuming.

Explanation:

More and more people dream of having their own business not only to dedicate themselves to doing something they like, but also to have more freedom with their time and money.

However, despite the increase in the number of people with this entrepreneurial spirit, not all of them have a deep knowledge of what it means to undertake and are not well aware of the advantages, disadvantages, how to start a business and what kind of profitable businesses can be developed. In addition, many people do not know that setting up their own business is difficult, laborious and time consuming and requires a lot of patience, perseverance and dedication.

4 0
3 years ago
Pittsboro Corporation produces and sells a single product. Data for that product are: Sales price per unit $590​ Variable cost p
Fofino [41]

Answer:

The company will need to sale 3,883 units to maintain its current operating income of 400,000

Explanation:

We will calculate the point at which the company mantains his current income in units at the new scenario:

\frac{Fixed\:Cost + target \: income}{Contribution \:Margin} = Break\: Even\: Point_{units}

<u>Where:</u>

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

625 - 190 = 435 each units contributes this amount to afford the fixed cost and make a gain.

Current income: contribution x units sold - fixed cost

                             (590-190) x 4,000 - 1,200,000 = 400,000

(1,200,000 + 89,000 + 400,000) / 435 = 3,882.75862 = 3,883 units

The company will need to sale 3,883 units to maintain its current operating income of 400,000

5 0
2 years ago
Two economists from Ohio University estimated that the demand curve for kerosene in Indonesia was such that a 10 percent increas
zmey [24]

Answer:

C) i and ii

Explanation:

Price elastic of demand (PED) of kerosene = 2.2% / 10% = 0.22 price inelastic demand

When two products are substitutes, an increase in the price of one of the products will not only reduce the quantity demanded of that product, but it will also increase the quantity demanded of its substitute products. In this case, an increase in the price of electricity, increases the quantity demanded for kerosene, which means that they are both substitute products.

5 0
3 years ago
Martha worked for a marketing company with a casual atmosphere and informal culture. The company declared bankruptcy. Martha can
Elis [28]

Answer: Practical intelligence

Explanation: In simple words, practical intelligence refers to the ability of an individual to shape and fit itself according to the demands of the environment.

In the given case, Martha worked with a company  that had a casual and open atmosphere. But after joining employment in a bank she herself understood that different attitude will be needed there to work. She herself adjusted her personality and dressing  as per the demand of the environment.

Hence from the above we can conclude that she is exhibiting practical intelligence.

7 0
3 years ago
Universal Containers email policy requires that all email traffic remain within its firewall. Currently, the company has 200 sup
allsm [11]

Answer:

Email to case

Explanation:

Email to case is an innovative platform that allows a company keep all emails within their network firewall.

It allows receipt of emails larger than 25mb from customers.

When customer's emails are received, they are turned into cases that can be tracked for easy resolution.

This will be a good solution for Universal Containers as it solves the problem of having emails within its firewall, and provides a way for the 200 support agents resolve customer challenges through cases generated.

8 0
3 years ago
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