Prebankruptcy counseling includes all of the following except:

According to the textbook, the number one reason that people become entrepreneurs is to:A) realize financial rewardsB) gain pres

Pachacha [2.7K]

Answer:

(A) realize financial rewards.

Explanation:

In theory (textbook) the no.1 reason that people become entrepreneurs is to achieve maximum return. The concept of higher risk, higher return is the key here. Business as compared to Services and Profession, has the highest risk thereby giving the best returns out of the three.

However, in practicality people adopt business to pursue their own ideas, gain prestige, be their own boss, continue a family tradition and also to realize financial rewards.

8 0

3 years ago

A company has only two divisions: division a and division

Sloan [31]

Answer – Division A

EXPLANATION’

Given for last year,

Division A made 60% of the company's total revenue.

Let the company’s total revenue for last year be x

60% of x = 0.6x

Division A made 0.6x last year

Also given for last year,

Division B made 40% of the company's total revenue.

If the company’s total revenue for last year is x

40% of x = 0.4x

Division B made 0.4x last year

For this year,

We are told that division A's revenue has decreased by 35%

Last year’s revenue was 0.6x

Division A’s revenue for this year = 0.6x – (35% of 0.6x)

= (100% of 0.6x) – (35% of 0.6x)

= (100% * 0.6x) – (35% * 0.6x)

= (100% - 35%) * 0.6x

= 65% * 0.6x

= 65/100 * 0.6x

= 0.39x

Therefore this year, Division A’s revenue is 0.39x

Again for this year,

We are told that division B's revenue has decreased by 5%

Last year’s revenue was 0.4x

Division B’s revenue for this year = 0.4x – (5% of 0.4x)

= (100% of 0.4x) – (5% of 0.6x)

= (100% * 0.4x) – (5% * 0.4x)

= (100% - 5%) * 0.4x

= 95% * 0.4x

= 0.38x

Therefore this year, Division B’s revenue is 0.38x

If Division A’s revenue is 0.39x, and Division B’s revenue is 0.38x; then Division A had higher revenue this year.

4 0

3 years ago

Cleftell Inc., a coal mining company in the United States, is the only supplier of coal in its area. The company is backed by th

Katarina [22]

Answer:

Oligopoly

Explanation:

Oligopoly - it is referred to as a marketing structure in which there are few suppliers in the market and every supplier has its own unique function and unique control over the market.

In the given question, cleftell Inc is also one of that firm which has its own control over the market that is why government back them so that they will supply the coal in discounted rate as before

3 0

3 years ago

Entrepreneurs and other producers accept risks because they hope to earn _____.

Gnom [1K]

Entrepreneurs and other producers accept risks because they hope to earn PROFIT.

Every businesses are set up for the purpose of earning profits. Every venture has its accompanying risks of failure but if everything goes right, then the pay-off will be worth it.

High risks business also have high potential of generating high profit.

7 0

3 years ago

Read 2 more answers

4. Which organization serves as the principal operations center for the Department of Homeland Security? A. Disaster Response Ce

Svetllana [295]

Answer:

B. National Operations Center

Explanation:

The National Operations Center serves as the principal operations center for the Department of Homeland Security which

provide decision support and enable the Secretary’s execution of obligations across the homeland security enterprise by promoting situational awareness and share information.

7 0

3 years ago