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MAXImum [283]
3 years ago
11

Which test of a business plan involves proving that a market for the product or service really does exist and that the company c

an produce the product or provide the service at a reasonable​ cost?
Business
1 answer:
Vinil7 [7]3 years ago
5 0

Reality test of a business plan involves proving that a market for the product or service really does exist and that the company can produce the product or provide the service at a reasonable​ cost.

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

An entrepreneur must be successful in the business he starts as he takes ;lot of risks with that. It is very essential for an entrepreneur to create a business plan before taking any forward steps in the business. Performing the reality check will help an entrepreneur to ensure that he is in the right track of the business.

In the reality check, an entrepreneur gets to know about the viability of the market, his own strength and weakness and the financial position for the production of the products. It helps an entrepreneur to know about the demands that exists for his product and how can he produce those products or services as reasonable cost.

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marshall27 [118]

Answer:

True

Explanation:

A compensated absence is employee time off with pay, which can arise in such situations as sick leave, holidays, vacations, and jury duty. To account for compensated absences, it is not necessary to separately recognize them when they are earned and used within the same period, since it is typically rolled into the general compensation expense. However, they must be charged to expense and recorded as a liability when they are earned and their use is deferred to a later period.

An employer should accrue a liability for compensated absences payable to employees for their future absences, but only if all of the following conditions are met:

• The payment obligation for future absences is based on employee services already rendered.

• The amount of the obligation can be reasonably estimated.

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5 0
2 years ago
which of the following best describes message flows? Multiple Choicea) message flows are continuous with each poolb) message flo
Law Incorporation [45]

Answer:

message flows are modeled with solid arrows

Explanation:

In Business Process Model and Notation (BPMN), message flows are used in the collaboration diagram to show how two or more distinct processes within the model, communicate and collaborate with each other without any form of central control.  

Dash lines together with an empty circle are used for the message flow to show where the message comes from and an empty arrow head is used to show where the message would be terminating in the model.  

3 0
3 years ago
In which of the following situations will the acting party be liable for the tort of negligence? Explain fully.
Eddi Din [679]

Answer:

C). Shannon's physician gives her some pain medication and tells her not to drive after she takes it, as the medication induces drowsiness. In spite of the doctor's warning, Shannon decides to drive to the store while on the medication. Owing to her lack of alertness, she fails to stop at a traffic light and crashes into another vehicle, causing a passenger in that vehicle to be injured.

Explanation:

Negligence is defined as the 'tort whereby a duty of reasonable or standard care as defined by law is breached, causing damage or any conduct short of .'

In the above situation, Shanon was aware of the after-effects of the medication she took as her physician instructs her to not drive because she may feel drowsy. Despite this warning, her decision to drive to the store reflects her negligence i.e. 'intentional action that falls below the legal standard for preventing unreasonable damage or harm.' Thus, <u>option C</u> is the correct answer.

5 0
2 years ago
Labor Recruiters, Inc., has been ordered to appear at a hearing before an administrative law judge of the National Labor Relatio
Vinil7 [7]

Answer:

A significant difference between a trial and an administrative hearing is thtat a hearsay con be introduced as evidence, in an administrative hearing.

8 0
3 years ago
In a capitalist system, what are the goods and tools that are used to make products?
Eddi Din [679]
The means of production
8 0
3 years ago
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