Answer with Explanation:
My goal is to start a business totally based on a new idea with great potential to influence the lives of the people of America. For this I had worked on a startup idea for couple of years and continuously reforming it.
The biggest risks associated with this goal is funding problems, business risks, market research, innovation issues and Software designing issues.
Now these are some risks that I face but I overcome these challenges by:
Risks Solution
Funding Risk: By presenting my startup idea on a international competition by writing business proposal based on well researched market, product innovation and the financial prospect of the business. There are numerous accelerator programs operated by the state and other organizations that encourage startups and helps with numerous facilities. So I will also present my idea here to secure funding from a wider number of investors.
Business Risks: Giving special considerations to business risks and their mitigation strategies.
Innovation: The products will be innovative enough to generate handsome amount of profit and must be capable of giving tough time to its competitors.
Market Research: The best performing businesses know who their customers are and what they are desiring from them. So market research would capable of identifying my potential customers and that it must be representative of the sample taken.
Software Designing: The software design must be user friendly and must effectively resolve users issues. Furthermore, it must be continuously updated with better features and friendly functioning.
Answer:
a
Explanation:
Opportunity costs refers to the options that are lost when making a choice between many options. According to my research on opportunity costs in different situations, I can say that based on the information provided within the question the opportunity cost of this exchange the total value of the television, headphones, and bicycle. This is because by choosing the printer he is ultimately losing out on the opportunity of choosing any of the other three items.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
The answer is: B) Time utility
Explanation:
Time utility refers to the business practice of making products or services available during the times that they are most convenient or desirable for customers.
For example, stores are decorated differently for Halloween than for Christmas, and the products they sell are also different.
The Food and Drug Administration (FDA). The FDA ensures the safety and effectiveness of a wide range of consumer products from medicines and cosmetics to food and medical devices.
Answer:
No
Explanation:
When Congress enacted the Federal Reserve Act in 1913, they stated the FED's mandates:
- promote maximum employment
- promote stable price
The FED's main objective is to conduct monetary policy in order to stabilize the economy and promote economic growth.
By stabilizing the economy the FED will lower inflation rate, therefore stabilizing prices. When the FED promotes economic growth, the unemployment rate should decrease, hopefully reaching a full employment.
