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4 years ago

1. Why is it important for entrepreneurs to know their market?

Business

2 answers:

AlekseyPX4 years ago

7 0

Entrepreneurs need to know their market as that means they will have less risk therefore succeeding in their business

tatyana61 [14]4 years ago

5 0

Answer:

Entrepreneurs must know their market because the information is power in the business environment. An entrepreneur who has perfect information about their customer, competitors and suppliers will grow very fast.

Explanation:

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Which of these states one of the opportunity costs of attending college?

Alex73 [517]

One of the opportunity costs of going to college is not being able to take a job. By choosing to go to college, you will give up the income you would have earned on the job. Jobe experience you would have acquired. Another opportunity costs going to college is the cost of tuition, books, supplies, and so on.

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3 years ago

Dr. regan was hired by the siri company to assist them with retaining their employees without lowering profits and expectations.

Anestetic [448]

Dr. Regan was hired to help retain employees by the Siri corporation without losing money and expectations. He was the one who suggested that employees could decorate their work spaces and this would help employees feel more comfortable where they have to work 8 or more hours per day. This then helped the company by people not calling in and less people quit their jobs. Dr. Regan was most likely an industrial and organizational psychologist. Many companies hires these types of psychologists to help their employees with stress at work and to put employees at ease.

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3 years ago

Sheryol is helping Stasia specify who the supervisors are in her business, who the managers are who oversee the supervisors, who

zysi [14]

Answer:

Organizational chart

Explanation:

An organizational chart is a diagram that visually conveys a company's internal structure by detailing the roles, responsibilities, and relationship between individuals within an entity. Organizational charts either broadly depict an enterprise company-wide or drill down to a specific department or unit.

This is the best device Steryol can use to describe or make the process of understanding the structure of an organisation.

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4 years ago

The Car Service Center has the design capacity to perform an average of 60 repairs per day. The effective capacity of this repai

ELEN [110]

Answer:

(36 /60 ) * 100

Explanation:

Based on the information given the capacity utilization percentage will be :

Capacity utilization percentage= (36 /60 ) * 100

Capacity utilization percentage=60%

Where,

36 per day represent Actual repairs number

60 repairs per day represent Design capacity

Therefore capacity utilization percentage is (36 /60 ) * 100

7 0

3 years ago

Of the following investments, which would have the lowest present value? Assume that the effective annual rate for all investmen

frozen [14]

Answer:

The investment with the lowest Present Value is D= $936.86

Explanation:

Giving the following information:

Assume that the effective annual rate for all investments is the same and is greater than zero. We will assume an effective rate of 10%.

A) Investment A pays $250 at the end of every year for the next 10 years.

First, we need to find the final value.

FV= {A*[(1+i)^n-1]}/i

A= annual payment

FV= {250*[(1.10^10)-1]}/0.10= 3984.36

Now, we can find the present value.

PV= FV/(1+i)^n

PV= 3,984.36/1.10^10= $1,536.14

B) Investment B pays $125 at the end of every 6 months for the next 10 years.

FV= {125*[(1.05^20)-1]}/0.05= 4,133.24

PV= 4,133.24/(1.05^20)= 1,557.77

C) pays $125 at the beginning of every 6 months for the next 10 years

It is the same as B, but it generates interest for one more period.

PV= 1,557.77*1.05= 1,635.67

D) pays $2,500 at the end of 10 years

PV= 2500/1.10^10= $963.86

E) Investment E pays $250 at the beginning of every year for the next 10 years.

It is the same as A, but it generates interest for one more period.

PV= 1,536.14*1.10= $1,689.75

5 0

3 years ago