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exis [7]
3 years ago
5

c. What are the major functions of the entrepreneur? Instructions: Click in each box for a 'check-mark' for each correct answer

and click again to clear the box for incorrect answers. Make routine pricing decisions unchecked Innovate checked Purchase capital unchecked Create market demand unchecked Take risks checked Make decisions
Business
1 answer:
ipn [44]3 years ago
5 0

Answer:

In your list of options there are 2 Major functions of an entrepreneur:

1. Innovate

2. Take Risks

Explanation:

Remember that being an entrepreneur and being a manager are 2 very different things. When an entrepreneur takes over the functions of a manager then things get more complicated.  You can have a really big company that goes belly up because of bad management but that doesn't mean you had  an incompetent entrepreneur.

The organizing function is one of my personal favorites. Here you have to get everything together, materials, machinery, material resources to operate, legal requirements etc. Then with successful leadership you can execute the plans directed by the entrepreneur.

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Abiding by a foreign country's cultural norms during an international business transaction means a company has met a minimum sta
stich3 [128]

Answer:

B) False

Explanation:

A US company might follow all the cultural norms of a foreign country and might still be breaking the law, at least US laws. Since compliance with the law is referred to as moral minimum, you cannot be ethical if your behavior is not moral.

For example, handing out gifts to government officials may be consider normal in other countries, but the Foreign Corrupt Practices Act of 1977 (FCPA) states that you can go to jail for it.

5 0
3 years ago
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Answer:

Explanation:

TO CONTRACT in order to pay more taxes and spend less money to avoid a price hike.  DECREASE, if people spend less money the GDP is affected because of the purchases and the price level obviously prives FALL.

6 0
3 years ago
An amount for which of the following accounts would not appear in the Balance Sheet columns of the end-of-period spreadsheet?
stiks02 [169]

Answer:

Service revenue

Explanation:

Service revenue does not appear on a balance sheet. It appears on an income statement.

3 0
3 years ago
A.
Zina [86]

Lo siento, no lo sé, pero espero que lo encuentres pronto.

5 0
3 years ago
The demand curve faced by a nondiscriminating pure monopoly is _____.
seraphim [82]

Answer: The same as the industry's demand curve

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 The demand curve faced by a non discriminating pure monopoly is same as the industry demand curve as, the monopoly facing the demand curve of the industry in the form of the downward sloping demand curve so that the monopolist increased its output demand. A non discriminating monopolist determined the demand curved and ultimately determined the price which are willing for pay.  

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