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4 years ago

How is being comfortable with risk and flexibility important to having an entrepreneurial mindset?

1 answer:

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An entrepreneurial mindset is a set of skills that enable people to identify and make the most of opportunities, overcome and learn from setbacks, and succeed in a variety of settings. This means that being too stubborn and unyielding in your approach can be a recipe for stress and potential business disaster. Being flexible as an entrepreneur can provide you with an important competitive edge. It helps you to exploit opportunities as and when they arise. Successful entrepreneurs stick to the basic principles of risk management: They look for opportunities where if they fall short they lose only a certain value, but if they win they could stand to gain 10 times as much. And the best entrepreneurs never bet more than they can afford to lose. They always consider Plan B (as well as Plan C, D and E) in case the current program doesn’t work out as expected.

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why it is important to business administration student to study and know the basic principles of income taxation?

posledela

<h2>PRINCIPAL OF INCOME TAXATION </h2>

The benefit principle of taxation is based on two ideas. The first and foremost is that those who benefit from services should be the ones who pay for them. Secondly, people should pay taxes in proportion to the amount of services or benefits they receive.

Explanation:

HOPE IT HELP U MAKE

6 0

3 years ago

Why are evoked sets, inept sets and inert sets important to the marketing department?

SpyIntel [72]

<span>Getting a company that is part of the inert set (known by the customer but not thought of as either positive or negative) or the inept set (thought of as negative by the customer) into one that is part of the evoked set (brands that are considered in a purchasing decision) is the goal of marketing departments. Turning a company that has a negative connotation into one that is positively regarded is what helps companies gain new customers.</span>

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3 years ago

Bethany Walsh is a business manager at Dixon Productions. Although she does not have a background in technology, her job require

blagie [28]

Answer:

The correct answer is A. Dashboard .

Explanation:

A board contains all the information necessary to carry out the decision-making process in the best way, since in the case of Bethany, who is not very expert in technology, it allows her to execute her work efficiently and without risks of not taking into account information. relevant. This information can be modified at any time depending on the circumstances.

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3 years ago

Read 2 more answers

Select the correct answer.

valkas [14]

(price of stock)Oc. start increasing

6 0

3 years ago

During 2017, Kate Holmes Co.'s first year of operations, the company reports pretax financial income at $250,000. Holmes's enact

r-ruslan [8.4K]

Answer:

a. $224,000

c. Journal Entry

Explanation:

a. Taxable income for 2017 = Pretax financial income - Temporary sales - Depreciation + Unearned rent

= $250,000 - $96,000 - $30,000 + $100,000

= $224,000

c. Journal Entry

Income tax expenses Dr, $111,200

($224,000 × 45%) + ($50,400 - $40,000)

Deferred tax assets Dr, $40,000

To income tax payable $100,800

($224,000 × 45%)

To Deferred tax liability $50,400

For computing deferred tax

Temporary differences Future taxable Tax rate (Assets) Liability

Installment sales $96,000 40% $38,400

Depreciation rent $30,000 40% $12,000

Unearned rent ($100,000) 40% ($40,000)

Totals $26,000 ($40,000) ($50,400)

6 0

4 years ago