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masya89 [10]
4 years ago
11

What is a business opportunity?

Business
2 answers:
Jlenok [28]4 years ago
8 0

Answer:

Opportunity cost

Explanation:

Opportunity cost is the next best alternative up by given another item

Like:

Burger price is : 100

A small burger and a drink price are : 100

You are also want drink.So,Burger will be your opportunity cost.

Juliette [100K]4 years ago
5 0
<h3><u>BUSINESS OPPORTUNITY:</u></h3>

The lease or sale of any equipment or products or service to begin a business by purchaser-licensee is a business opportunity shortly stated as bizopp.

The four significant elements that tends to a bizopp are namely,

  • Need for the business
  • means to solve the need
  • method / strategy to apply the means
  • method to benefit

The five types of business opportunity for entrepreneurs are

  • Dealership or Distributorship
  • Buy a Franchise
  • Filling a Niche (a profitable small segment)
  • Network marketing and
  • Licensing
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Cost reduction is still the number one priority for many supply chain executives, according to the MHI and Deloitte survey. Sele
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Answer:

MHI and Deloitte Survey

Cost Reduction #1 Priority

True

Explanation:

For supply chain companies to achieve their profit targets, they need to curtail costs.  Consumers are not ready to absorb much costs as they are presented with low-priced alternatives.  The competition for customers among supply chain organizations is very high.  Everyone competes for the dollar the consumer is willing to spend on goods.  With property and advertising costs skyrocketing, careful management of the cost structure is required.

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g- Tom and John are excited to purchase a new house. Based on where they live they can find a good house for $800,000. They need
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The amount they need to save is the down payment for the house:

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3 0
3 years ago
Unemployment is often called a lagging or trailing indicator because unemployment tends to rise some time after the economy begi
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Answer:

B) firms reduce hours before laying off when the economy is in recession, and increase hours before hiring when the economy expands.

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Answer:

C. is the practice of selling goods in a foreign market at less than cost.

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