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3 years ago

Which of the following is NOT one of the main motivations and characteristics of an entrepreneur?

Business

1 answer:

mojhsa [17]3 years ago

6 0

Process of elimination:

Flexibility is a characteristic because entrepreneurs are designing their own path (path being vague for whatever their entrepreneurship is focused on), allowing for flexibility

Risk is a characteristic because being on your own and doing your own thing is much more unstable than simply working for a well-founded company

Innovation is a characteristic, because the flexibility that comes from being an entrepreneur allows for freedom of ones own ideas, making innovation more likely.

Profit is not a particular characteristic, due to the risk factor.

Profit is the right answer :D

You might be interested in

Based on your understanding of P/E ratios, in which of the following situations would the average trailing P/E ratio (current pr

bija089 [108]

Answer:

The outlook for the economy and the markets is for an improvement.

Explanation:

p/e ratio = price / earning

the higher the equity, the lower the ratio

If the p/e ratio is expected to be higher, it means that the equity would have to be lower this year than next year .

this implies that earnings would be higher next year and p/e ratio would be lower. this means there is a positive economic outlook

8 0

3 years ago

What is productive efficiency?

Helga [31]

Answer:

The correct answer is (A)

Explanation:

Product efficiency is a key aspect which every firm or organisation must achieve to improve revenue and profits. Product efficiency is a way to allocate resource to produce goods and service at the lowest average cot possible. Firms usually apply economist of scale to achieve product efficient. Product efficiency can only be achieved by using scarce resources efficiently and effectively.

5 0

3 years ago

If the supplies on hand at the end of January totaled $500 and the Supplies on Hand account before adjustment is $900, what shou

Natali5045456 [20]

Answer:

The adjustment at month-end is :

Supplies Expense $400 (debit)

Supplies $400 (credit)

Explanation:

The Supplies Account is an asset Account that decreases as the supplies are used in the business.

The use of supplies prompts the recognition of an expense and de-recognition of an asset as follows :

Supplies Expense $400 (debit)

Supplies $400 (credit)

4 0

3 years ago

Use the information below to calculate the number of orders per year when using the EOQ: Annual demand for an item is 43,000 uni

IRINA_888 [86]

Answer:

The closest answer is 49.

Explanation:

Given that,

Annual demand, D = 43,000 units

Ordering cost, O = $200

Per unit cost of the item = $50

Annual holding cost, H = annual holding rate × Per unit cost of the item

= 35% × $50

= $17.5

$EOQ=\sqrt{\frac{2\times D\times O}{H} }$

$EOQ=\sqrt{\frac{2\times 43,000\times 200}{17.5} }$

= 991.39

= 992 units

Therefore,

Number of orders per year = Annual demand ÷ EOQ

= 43,000 ÷ 992

= 43.34

Hence, the closest answer is 49 and this is not given in the question.

5 0

3 years ago

A person borrows $150 that he must repay in a lump sum no more than 8 years from now. The interest rate is 9.9% annually compo

SashulF [63]

Answer:

a. $181.17

b. $218.82

c. $319.21

Explanation:

If the borrower repays the loan after 2 year

PV = $150

n = 2

r = 9.9%

P/yr = 1

Pmt = $0

FV = ?

Using a financial calculator, FV = $181.1702

The amount that will be due if the borrower repays the loan after 2 year is $181.17.

If the borrower repays the loan after 4 years

PV = $150

n = 4

r = 9.9%

P/yr = 1

Pmt = $0

FV = ?

Using a financial calculator, FV = $218.8175

The amount that will be due if the borrower repays the loan after 2 year is $218.82.

If the borrower repays the loan after 8 years

PV = $150

n = 8

r = 9.9%

P/yr = 1

Pmt = $0

FV = ?

Using a financial calculator, FV = $319.2073

The amount that will be due if the borrower repays the loan after 2 year is $319.21.

4 0

3 years ago