Scarlett is graduating from culinary school soon and she often imagines opening her own comfort food restaurant, Restaurants are relatively easy businesses to start, but are labor intensive and also have the greatest failure rate.
<h3>Which characteristics best characterize the personality attributes of an entrepreneur?</h3>
Persuasiveness is one of the 6 Personality Traits Identified by Successful Entrepreneurs. Salesmanship is at the top of the list of qualities that successful entrepreneurs must possess, according to none other than Mark Cuban, owner of the Dallas Mavericks and Shark Tank investor.
Flexibility.
Creativity.
Self-motivation.
Tenacity.
Passion.
<h3>Why is the US economy so dependent on small businesses?</h3>
Two-thirds of new jobs are created by small firms, which also contribute 43.5% of the country's GDP (GDP). Small businesses not only drive innovation but also maintain a healthy economy. Per employee, small businesses issue 16 times more new patents than do major patenting companies.
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As you're expected to choose the type of goal that fits in the scenario given. There are two kinds of goal:
1) Distal goal(aims and objectives that takes longer to attain).
2) Proximal goal(aims and objectives that can be achieved/attained in a short period of time).
As Chad can achieve this goal in short period of time, therefore:
The correct answer: Proximal goal.
Answer:
less volatile the price of a security, the wider the bid-asked spread.
Explanation:
From the answers listed in the question the one that would be considered false would be that the less volatile the price of a security, the wider the bid-asked spread. This is because the bid-asked spread usually depends on the liquidity of the asset, when the asset has a large enough liquidity which causes the volatility to be low the bid-asked spread becomes very narrow since there is not much demand for buyers willing to pay higher prices for the asset in question. The opposite occurs if an asset is very popular and volatility is high which creates a much wider bid-asked spread.