1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Aneli [31]
4 years ago
6

_____ involves creating new systems, resources, or processes to produce new goods or services and/or serve new markets.

Business
1 answer:
8090 [49]4 years ago
6 0
Entrepreneurship involves creating new systems, resources, or processes to produce new goods or services and/or serve new markets.
By studying it, you will learn to recognize the problem that currently experienced by the consumer and create a solution for it.<span />
You might be interested in
Using ABC in a service company
Ilia_Sergeevich [38]

Answer:

Blanchette Plant Service

ABC Costing Technique:

1. Total cost of the Kerry job:

Plants =            $750

Direct labor =  1,300

Total cost = $2,050

2. Determination of operating income or loss (Kerry's job):

Service Revenue =   $3,540

less cost of service    2,050

Operating income = $1,490

3. With desired operating income of 30% of cost:

Operating income = $615 ($2,050 x 30%)

The company can charge the Kerry job $2,665 ($2,050 + 615) or ($2,050 x 1.3)

Explanation:

Operating income or loss is the difference between revenue and costs of providing the services or goods.  When the revenue exceeds the operating cost, the difference is an operating income.  When the revenue is exceeded by the operating cost, the difference is an operating loss.  While the former means that the organization has added value to its resources, the latter implies that the organization has lost some value to its resources, thereby reducing the equity of the owners in the business entity.

6 0
4 years ago
Economists define an efficient use of resources as a situation where
aleksandr82 [10.1K]
<span>According to economists the efficient use of resources is a situation where one person can be made to look better in the scenario, but only by making another person look worse. Inefficient use of resources or insufficient resources brings scarcity in the economy.</span>
3 0
4 years ago
Consumers today receive commercial messages from a broad range of sources.
NemiM [27]

Answer:

Letter A is correct. <u><em>Don't distinguish between message sources.</em></u>

Explanation:

Integrated marketing communication is a relevant tool whose primary objective is to ensure that there is compliance in corporate marketing communication across all media channels used by the organization, ie all communication of promotions and dissemination of company products and services is organized and consistent to create reliability and customer experience.

There are many benefits to ensuring that integrated marketing communication is well developed, some of which are brand awareness according to their individual exposed elements, cost savings and less waste with inconsistent messages, the consumer experience that assists continuous improvement. communication and focus on results, achieved most effectively when there is synchronization between internal and external communication in the company.

7 0
3 years ago
Which of the following describes the substitution effect of a price change?A) The change in demand that results from a change in
Liula [17]

Answer:

The answer is D. The change in quantity demanded of a good that results from a change in price, making the good more or less expensive relative to other goods, holding constant the effect of the price change on consumer purchasing power

Explanation:

Substitution effect is a concept in which, as the price of a good or service increases, less of the good or service is substituted for other less expensive.

For example, if the price of Pepsi were to rise, the substitution effect would cause the consumer to buy less of it and substitute more coca-cola for now relatively more expensive Pepsi.

Option A. is wrong because we are talking about the quantity demanded and not just demand. (Please take note).

6 0
4 years ago
Which central ideas does this poster include? Check all
NARA [144]

Answer:

What poster?

Explanation:

3 0
3 years ago
Read 2 more answers
Other questions:
  • Estimating Cost of Capital Measures Sprint Nextel Corporation (S) has $24.3 billion in total debt (which approximates its market
    7·2 answers
  • The economy is in long run equilibrium. Suppose that automatic teller machine become cheaper and more convenient to use, and as
    6·1 answer
  • Which of the following is NOT a reason to invest your money?
    9·1 answer
  • When you get 5 true or false questions true in a row, on a exam
    5·1 answer
  • You’ve decided to buy a house that is valued at $1 million. You have $350,000 to use as a down payment on the house, and want to
    7·2 answers
  • The Spanish and Portuguese focused colonization in North America.<br><br><br> True<br> False
    12·1 answer
  • You are involved in an Information Systems project. The project's scope has widened, but there is no change in cost, quality, an
    15·1 answer
  • "A prospective customer has been solicited by a registered representative, and prior to opening an account, the customer wishes
    8·1 answer
  • New Schools is an all-equity company with an expected EBIT of $94,000 every year forever. The company can borrow at 7.4% while i
    11·1 answer
  • Ghada is the CEO of Black Mesa Inc., a publicly traded company. The shareholders want Ghada on the board of directors despite he
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!