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ExtremeBDS [4]
4 years ago
14

Entrepreneurship is defined as the process by which individuals pursue​ _______ without regard to resources they currently contr

ol for the purpose of exploiting future goods and services.
Business
1 answer:
deff fn [24]4 years ago
6 0

Answer: opportunities

Explanation:

The trademark of every entrepreneur is opportunities, opportunities are characterised with risk taking, commitment, uncertain outcomes, etc.

It is a situation of having the chance to do something one has always wanted to do or dreamt of without thinking about the amount of resources at hand. Opportunities are the lifeline for every entrepreneur, it is a situation that presents itself for goals and success attachment.

Ways an Entrepreneur creates opportunities includes;

• Meeting new people.

• Travelling.

• Boldness to try a new approach.

• Building self confidence.

•Continuous learning.

• Sensitivity to new developments.

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The Beef Council promoted a series of ads in which the tagline was "Beef—it's what's for dinner." The purpose of these ads was t
nikdorinn [45]

Answer: Competitive institutional advertisement

Explanation:

 The competitive institutional advertisement are basically used for promoting the various types of institutional related advertisement in the market.

This type of advertisement basically used for promoting the various types of institution, corporations and the organization.

The main purpose of the advertisement is to awareness the audience regarding the new products and business in the market and it also helps to encourage and attract the audience.

 Therefore, Competitive institutional advertisement is the correct answer.

8 0
4 years ago
An institutional lender is willing to make a loan for $1 million on an office building at a 10% interest (accrual) rate with pay
k0ka [10]

Answer:

$7337.65.

Explanation:

Loan is what someone in need of financial aid for the purpose of investment or other things collect or take money from banks, friends, family or relatives with the intent of returning it back(probably with interest too).

From the question, we are given the following information: the total loan amount on an office building = $1 million = 1,000,000 at a 10% interest (accrual) rate '' with payments calculated using an 8% pay rate and a 30-year loan term".

Hence, if we are to do this on Excel, we will just just use the - PMT of 8% divided by 12 = (0.00666666667) , the number of payment = 360 and the total loan amount which is going the give us the value of $7337.65.

7 0
3 years ago
If demand is linear with a negative slope, then price elasticity of demand is A. Elastic in the upper portion and inelastic in t
tigry1 [53]

Answer:

<h2>In the case of a linear downward sloping demand curve,the price elasticity of demand is elastic in the upper portion and increasingly inelastic in the lower portion.Hence,the answer in this case would be option A.</h2>

Explanation:

  • Based on the common consumer psychology,any rational consumer or buyer is relatively more responsive or reactive to any certain change in market price of any normal good or service during the initial stages of purchase or consumption.
  • Hence,during the initial consumption phase,if the market price of any good or service changes by a certain proportion,then consumer demand for that product or service would also change in significant or considerable proportion.
  • However,as the rational consumer or buyer increases its consumption level of any good or service as its market price decreases progressively,he or she becomes increasingly insensitive or unresponsive towards the change or further decrease in its market price.
  • This phenomenon can be conceptually attributed to the law of diminishing marginal utility of any normal good or service which evidently advocates that as the individual consumer or buyer consumes more of any particular good or service,the additional or incremental consumer satisfaction or utility obtained from 1 more unit purchase of that particular good or services decreases progressively.In other words,the marginal utility of the consumer or buyers falls increasingly as the consumption level of any good or services increases.
  • Hence,the market value of any product or service also declines as the consumption level of any good or services increases thereby making the consumers or buyers increasingly unresponsive or non reactive as its market price decreases especially towards the later or subsequent stages of consumption or purchase.
6 0
3 years ago
During the Christmas season, stores sell trees and wreaths are applying the ___ utility
Aleks [24]

PLACE.........................................................................

                     

4 0
4 years ago
On January 1, 2019, the balance in Tabor Co.'s Allowance for Bad Debts account was $13,049. During the first 11 months of the ye
ipn [44]

Answer:

$24,396

Explanation:

The total of accounts written off for 11 months can be calculated by subtracting the November 30 balance from the total of beginning balance

Bad debt - Bad debt written off

= Allowance for bad debts + bad debts expense - Allowance for bad debts account as at November 30, 2019

= $13,049 + $21,058 - $9,711

= $24,396

4 0
3 years ago
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