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rodikova [14]
3 years ago
9

What does it mean to start a business out of the necessity

Business
1 answer:
gregori [183]3 years ago
3 0

Starting a business out of necessity reffers to making a decision based on specific criteria that has an affect on a certain number of people. In this situation, a person is making the decision they feel is best based on information collected and parts of an oganization that needs to be changed. It's imparative to do your research and decided what and why things need to change and the best way to acheive success in doing so.

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Knowledge Check 01 Feline Watch Company makes wrist watches out of silver metal sheets. Feline sold 200 watches in the month of
anastassius [24]

Answer:

the number of watches to be produced in July is 500

Explanation:

The calculation of the number of watches to be produced in July is given below;

Units Expected to be sale 400  

Add: Desired ending inventory 300 (50% of 600)

Total available 700  

Less: Beginning Inventory -200  

Units to be produced 500

Hence, the number of watches to be produced in July is 500

6 0
3 years ago
there is a technological improvement in the production of good x. as a result, the curve for good x will shift resulting in a(n)
bulgar [2K]

There would a shift to the right of the supply curve. The equilibrium price would decrease and the equilibrium quantity would increase.

<h3>What is the impact of technological improvement?</h3>

Technological improvement in the production process means that there is an advancement or update in the technologies that are used in the production process. For example, progress from storing information in files to storing information in the cloud is an example of technological improvement.

A  technological improvement in the production of  a good would make it easier to produce a good. Thus, the supply curve would move forward.

Equilibrium quantity would increase. Due to the increase in quantity supplied, price has to decline in order to induce consumers to buy more of the product.  Equilibrium price would decrease.

To learn more about an increase in supply, please check: brainly.com/question/14727864

#SPJ1

3 0
2 years ago
Explain the following factors that influence the choice of funding: risk
konstantin123 [22]

Risk is the major factor to consider when deciding the funding, when funds are provided it is a risk that whether the funds will be received or not.

<h3>What is Risk?</h3>

Risk is the threat of being unable to receive the funds back, this is the highest level of risk, there are many small risks too, but the highest level is losing the money.

There could be a small portion of loss of money or sometimes the debtor completely defaults so not a single penny is retrieved.

Funding is a choice and the debtor should be chose according to the risk appetite of the investor or lender on money.

There are investors who are risk averse are not willing to take the risk and fine with the less amount of returns and there are risk takers, who want high returns in return of high risk of defaulting.

Learn more about Risk at brainly.com/question/27331968#SPJ1

6 0
2 years ago
Your client has called for help with that bank fees in QuickBooks Online you began by asking them to open the bank and tab in th
viktelen [127]
This doesn’t make sense :(
3 0
3 years ago
Compare a property rights system in which people are allowed to keep one-third of the monetary rewards of their labor with a sys
Veseljchak [2.6K]

Answer:

latter, latter

Explanation:

Property rights system determine how economic resources are used and owned by individuals, associations, collectives, or governments.

It also includes intellectual property such as inventions or ideas.

Such rights reduce destructive competition for control of economic resources. and replace this competition by peaceful means.

In a system where people are allowed to keep one-third of the monetary rewards of their labor with a system in which they keep two-thirds, we should expect more entrepreneurship under the <u>latter</u> system and faster real economic growth under the <u>latter</u> system.

8 0
3 years ago
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