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Stella [2.4K]
3 years ago
11

The belief that you have to come up with something no one has ever done before to build a successful business is

Business
2 answers:
fiasKO [112]3 years ago
5 0

Answer:

Wrong

Explanation:

Coming up a something new while trying to run an existing business or opening a new business is a very good idea but making it must to be able to be successful in business is wrong.

it is not absolutely true to come up with something no one has ever done before to be successful in business because most business that have attained a level of success in business are usually modeled towards other similar existing businesses. also it is not a secret to a successful business as well. every entrepreneur has its own model and approach to business which works wonderfully for them.

mote1985 [20]3 years ago
3 0

Simple; It's wrong. Many companys do the same thing and are still successful.

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7. The price of a movie ticket goes from $7.00 to $8.50. What should happen to the demand for these tickets?
lbvjy [14]

Answer: The price increses

Explanation: Goes t0 7.00 to 8.50 increses a 1.50

The demand has went up

4 0
2 years ago
Jim is being paid $7.25 an hour to work at a restaurant. In the circular flow, this is an example of a:
max2010maxim [7]

Answer:

The answer is household selling a resource in the factor market which is the same thing as business buying resource in the factor market

Explanation:

Factor market is a market in which factors of production e.g land, capital, labor are bought and sold.

In the question above, Jim(household or labor) is working at a restaurant (firm or business). This means Jim is selling his resource(labor) in the factor market while the restaurant is buying the resource(labor) in the factor market.

4 0
2 years ago
The balance in the equipment account is $3,150,000, and the balance in the accumulated depreciation—equipment account is $2,075,
yKpoI14uk [10]

Answer:

A. $1,075,000

B. No

Explanation:

A. Calculation for the book value of the equipment

Using this formula

Book value of the equipment=Equipment account -Accumulated depreciation—equipment account

Let plug in the formula

Book value of the equipment= $3,150,000-$2,075,000

Book value of the equipment=$1,075,000

Therefore the book value of the equipment will be $1,075,000

(b) NO the balance in the accumulated depreciation account does NOT mean that the equipment's loss of value is the amount of $2,075,000.

8 0
2 years ago
ABC Motors, a car manufacturing company, is organized in four divisions according to the four different models of the vehicle th
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The structure that ABC Motors uses in that they have divisions according to the vehicle produced is the Product Structure.

<h3>What is the Product Structure?</h3>

This is a structuring technique in companies where they come up with departments based on what those departments produce.

Departments that produce the same product are put into one division to ensure efficiency. This is what ABC Motors did by setting up divisions based on vehicle model.

Find out more on division structures at brainly.com/question/6369558.

8 0
1 year ago
My health care insurance company puts small co-payment fees on drugs that many people use and much higher fees for experimental
4vir4ik [10]

The correct answer is utilitarianism. This is defined as an ethical theory by which it states the best or most preferred action by which is the one responsible or best for maximizing utility. In terms, it is defined as a wellbeing of the sentient entities.

8 0
3 years ago
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