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3 years ago

To be successful, an entrepreneur must be willing to invest money, considerable effort, and

Business

2 answers:

Ipatiy [6.2K]3 years ago

6 0

To be successful, an entrepreneur must be willing to invest money, considerable effort, and "time".

An entrepreneur is a person who, as opposed to functioning as a worker, establishes and maintains a private company, expecting every one of the dangers and prizes of the endeavor. The business visionary is generally observed as a pioneer, a wellspring of new thoughts, merchandise, administrations and business/or techniques.

Entrepreneurs assume a key role in any economy. These are the general population who have the right stuff and activity important to foresee present and future needs and put up great new thoughts for sale to the public.

atroni [7]3 years ago

3 0

To be successful, an entrepreneur must be willing to invest money, considerable effort, and time.

Time chase may be helpful to any business one who needs a correct image of what they pay their time on throughout a typical business day and needs to boost their personal productivity.

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An internal control system consists of all policies and procedures used to protect assets, ensure reliable accounting, promote e

GenaCL600 [577]

Answer:

Explanation:

1. True

Separation of record keeping for assets from custody over assets in custody over assets reduces theft and fraud . except in a case of collusion.

Fraud and theft of assets can be easily perpetrated and covered up when an individual combines the role.

2. False

Internal control focuses more on the internal operation of an organization rather than the external. Even though it can still be of impact in checking the excesses of external parties like the government agencies , but that is not its primary objective

3.True

Internal control's main objectives can be best accomplished when there is an operational system with managerial policies that protect waste , fraud and theft , being the major factors targeted to control

4.False

Separating the responsibility for a transaction between two or more individuals or departments is a major way of preventing creation of fictitious invoices and payment as it could have easily be detected if different individuals are involved in approval and payment of invoices.

7 0

3 years ago

A company currently sells products in the United States and is considering expanding to China or Vietnam. Expanding won't impact

mariarad [96]

Answer: Company should not expand to either.

Explanation:

Find the expected values of expanding to either country and pick the country with the highest expected value:

China:

= ∑(Probability of outcome * Outcome)

= (20% * 2,000,000) + (30% * 1,000,000) + (50% * -2,000,000)

= -$300,000

Vietnam:

= (70% * 1,000,000) + (30% * -2,500,000)

= -$50,000

Both countries result in an expected loss so company should not expand to either of them.

3 0

2 years ago

Motivation is largely the result of external rewards and punishments. a. True b. False

SSSSS [86.1K]

False. Motivation is an internal and external factors that stimulate people's desire to action that drives people to be committed and interested continuously to attain role, targets, and goals. It also includes conscious and subconscious factors. Hopes this helps you.

8 0

3 years ago

What is the first thing you should do when a customer requests a sale item once you’ve determined that item is out of stock? Tel

ipn [44]

Answer:

Tell the customer when you store’s next delivery day is and to come back then Issue the customer a raincheck for the item that is out of stock

Explanation:

Customer retention is important as well as meeting their specific needs. It is unwise to turn back a customer and refer them to a competitor, this may mean loss of business (currently and in the future). Also it is unwise to offer a substitute item as this will not meet their needs (though you may want to inform them of the substitute item if they are interested). Issue the customer a raincheck for the item that is out of stock is the best way to go and keep the business.

7 0

2 years ago

"The average monthly rent for a two-bedroom apartment in City A is $820 with a standard deviation of $86. The average monthly re

notsponge [240]

Answer:

Explanation:

We shall apply the concept of coefficient of variation to know the consistency of data

coefficient of variation

= standard deviation / mean or average

In case of City A

coefficient of variation = 86 / 820

= .1048

In case of City B

coefficient of variation = 75 / 790

= .0949

Since it is less for city B , rent for this city is more consistence or with less of variation

So the conclusion is false.

5 0

3 years ago