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max2010maxim [7]
3 years ago
7

Identify and explain in detail 5 objectives of an entrepreneur

Business
1 answer:
artcher [175]3 years ago
5 0

Answer & Explanation:

1). PROFITABILITY: Every entrepreneur wants to get and stay profitable. This is a fundamental business goal.

2). EXCELLENT CUSTOMER SERVICE: A customer is seen as the king as without him there is no business. Excellent customer service is a skill and an objective of every enterprenuer.

3). EMPLOYEE ATTRACTION AND RETENTION: A low staff turnover is important for a business as it helps an entrepreneur stay in business.

4). SUSTAINABLE GROWTH: Going concern of a business is an important objective to an enterprenuer.

5). ALIGNING MARKETING AND SALES: Marketing and sales translates to income for a business as its activities generates revenue and keeps the business afloat.

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A customer sells your company a defective part. The part is put into your product, rendering it defective. What will most likely
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Answer: Your customer will likely blame you for the defect, not the supplier.

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The customer would certainly blame me the seller for the defect, because I was the one that sold the goods to the customer, also the customer is not aware of what transpired between the seller and the supplier. Therefore the seller would have to on his part, lay some complaint to the supplier.

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When a company needs funds to finance the expansion of its operations, which of the following is not an advantage of issuing bon
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The dates for the interest and maturity payments are fixed.

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When a company issues bonds instead of stock, one of the disadvantages of doing so is that they have to pay the coupons or the full face value of the bonds at specific dates. Either they pay coupons annually or semiannually,  and the face value is paid at maturity.

Since the dates are set beforehand, the company has to have the funds for these payments set aside. Instead, if the company would have issued stock, it would have greater freedom in deciding when and how much it should pay as dividends.

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A dynamic capability is the Group of answer choices functional and operating resources management process. ongoing capability to
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ongoing capacity to modify existing resources and capabilities to create new ones.

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The correct answer to this open question is the following.

Although the question is incomplete because it does not provide the name of the organization or any other reference, we can comment on the following.

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