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dangina [55]
3 years ago
10

The more information an entrepreneur acquires during the process of _____, the higher the chance that his or her predictions wil

l be close to the mark, risk will be reduced, and uncertainty managed.
Business
1 answer:
Mashutka [201]3 years ago
7 0

The more information an entrepreneur acquires during the process of feasibility analysis, the higher the chance that his or her predictions will be close to the mark, risk will be reduced, and uncertainty managed.

<h3><u>Explanation:</u></h3>

The study or examination about the extent to which the proposed idea will be practical and can be achieved at an economic manner refers to the feasibility study. In business it is very essential to decide whether to take up a project or not. It also helps in narrowing the project and plan accordingly.

It also helps in making predictions about whether the expected results can be attained from a particular idea or a project. Thus during the feasibility study the entrepreneur must obtain as much information as possible as it helps him in the evaluation of risks, uncertainties and other related things.

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Kid’s Corner sells lamp systems for $25. These systems use LEDs to create a light display across walls or ceilings. Kid’s Corner
tatiyna

Answer:

a. Breakeven point: 1,500 units.

b. Kid´s Corner would have to sell 2,333.33 units to earn $10,000 in operative income.

Explanation:

a. breakeven point in units=\frac{fixed costs}{Total sales revenue - Cost to make product}

breakeven point= =\frac{18,000}{25-13}=1,500 units

b. Operating income =  Total revenue - direct costs-indirect costs

$10,000=$25*X-$13*X- 18,000

Where X is the amount of units to sell

Isolating X from the equation, we have:

12X=28,000

X=28,000/12

X= 2,333.33

4 0
3 years ago
Silver Lining is a brand of bottled water in India. Divya, the marketing manager at Hill Fog, is aware of the global environment
Verizon [17]

Answer:

Domestic stage

Explanation:

According to my research on stages of international development., I can say that based on the information provided within the question it seems that Silver Lining is in the Domestic stage. This is the first stage in this process and  is usually done to test products and adjust strategies and potential performance before actually diving into a market in international trade. This is the stage that Silver Lining is at since they have not entered a market but are investigating the the global environment of that market.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
What is the one-word term for a decrease in economic activity that could last for months or longer
Y_Kistochka [10]

Answer:

Recession.

Explanation:

Recession: It is defined as a gradual decline in economic activity as consumer and business spend a lesser amount of money in the market, which leads to a decline in the gross domestic product of the nation. If there is a decline in GDP for consecutive two quarters then it is an indicator that the economy is heading toward recession. It is also considered a business cycle contraction.

7 0
3 years ago
In a market with positive​ externalities, A. there cannot be an efficient level of production. B. the efficient level of product
topjm [15]

Answer: In a market with positive​ externalities, <u>"C. the efficient level of production is more than what competition will obtain.".</u>

<u />

Explanation: An externality is a situation in which the costs or benefits of production or consumption of some good or service are not reflected in its market price. A positive externality is the positive effect of an activity imposed by an unrelated third party.

3 0
3 years ago
The Beauty Shop Cosmetic Company purchases a life insurance policy on Anna, the company's leading salesperson. Which business co
adell [148]

Key person insurance is business continuation plan does this company have.

<h3><u>Explanation:</u></h3>

The insurance policy of life that company purchases on key executive's life. The company pays the insurance policy through which it also plays the beneficiary of the plan. This insurance is known as "key man insurance" or "key woman insurance" or "business life insurance".

These pay after the death of key employee are used for expenses for replacement person and  the business would be closed with proper steps. In this situation, the insurance of key person insurance gives the company some options other than immediate bankruptcy.

<h3 />
7 0
3 years ago
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