1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sleet_krkn [62]
3 years ago
10

Donna independently owns and operates Punkin's Pies, a small business with about 30 employees. She is happy with the size of her

business and the average profits it generates. From this scenario, Donna's business can be considered an entrepreneurial venture.
A. True
B. False
Business
1 answer:
Nataly_w [17]3 years ago
3 0

Donna independently owns and operates Punkin's Pies, a small business with about 30 employees. She is happy with the size of her business and the average profits it generates. From this scenario, Donna's business can be considered an entrepreneurial venture -  False.

<u>Explanation:</u>

A person starting a new business with limited amount of resources and plans is called an Entrepreneur.  He is the person who takes responsibilities for the risk and rewards that are associated with that business. The idea of the business must be unique and it should focus only on newer products.

A small business and an entrepreneurial ventures differs from each other although they have similar roles. A small business generally deals with a familiar and an product and services that are already established. The persons of small business usually have risks that are already known. In an entrepreneurial venture, only new products and unknown risks are present.

You might be interested in
Which one of the following is a capital structure decision?
nirvana33 [79]

Answer:

B

Explanation:

Capital Structure decision is determining the optimal way of raising capital either through Equity or Debt.

8 0
3 years ago
MW Company manufactures down-filled comforters and uses an activity-based costing system. During the current period, the company
Scilla [17]

Answer:

MW Company

Activity rate for order process = $54,120/660

= $82 per order

Explanation:

a) Data and Calculations:

Production = 16,500 units

Direct labor = 19,800 hours

Machine hours = 21,450 hours

No. of orders = 660

No. of shipments = 165

Order-processing cost pool = $54,120

Shipping cost pool = $14,025

Assembly cost pool = $71,280

Activity rate for order process = $54,120/660

= $82 per order

b) MW Company uses an activity-based costing system to identify its activities into cost pools and assign the cost of each activity pool to the products and services according to their actual consumption of the activities.  The activity-based costing technique provides a more accurate method for determining the costs of products and services.  As a more accurate method for pricing decisions than other traditional methods, activity-based costing technique increases management's understanding of overheads and cost drivers and makes activities that are costly and non-value adding to become more visible, allowing managers to reduce or eliminate them, because these activities add costs to the production system.

3 0
3 years ago
1. You are investing $100 today in a savings account at your local bank. Which one of the following termsrefers to the value of
ahrayia [7]
He earned 11$ interest on his 100$
4 0
3 years ago
Read 2 more answers
ANSWER ALL MULTIPLE CHOICE QUESTIONS 1. The index used to measure inflation is the a. consumer price index. b. producer price in
9966 [12]

Answer:

15

Explanation:

15151515151515152515255151251512512

5 0
3 years ago
In which form of business is a single individual responsible for the repayment of any debts? proprietorship. corporation. partne
deff fn [24]
<span>In which form of business is a single individual responsible for the repayment of any debts? Proprietorship. In a </span>proprietorship, a sole person owns a business. Because they are the sole owner they are responsible for paying income taxes on profits earned from the business and also repayment of debt. A proprietorship is the simplest business a person can own and operate under. 
6 0
3 years ago
Other questions:
  • Presented below is information related to equipment owned by Bramble Company at December 31, 2020. Cost $10,260,000 Accumulated
    8·1 answer
  • During the first month of​ operations, ​, ​Inc., completed the following​ transactions:
    5·1 answer
  • National Drilling Company ships its only pump to American Hydraulics Corporation, the manufacturer, for repair. National pays Ov
    6·1 answer
  • What kind of policy can a company implement that can help diminish the activity of sending unsolicited email? email privacy poli
    14·1 answer
  • Mountaineer Excavation operates in a low-lying area that is subject to heavy rains and flooding. Because of this, Mountaineer pu
    6·1 answer
  • Mid- and long-term goals are less likely to require adjustments than short-term goals.
    8·1 answer
  • North Inc. is a calendar-year C corporation, accrual-basis taxpayer. At the end of year 1, North accrued and deducted the follow
    11·1 answer
  • Which best describes the types of indicators that the HDI measures?
    6·2 answers
  • If a business has a surplus of goods, what is something they can do to raise demand?
    10·1 answer
  • Consumer products are classified based on the attributes used in making the purchase decision, the effort spent by the consumer,
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!