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Alexus [3.1K]
3 years ago
13

A wheat farmer in Nebraska takes a risk and starts a new farm on land that was previously thought unfit for growing wheat. If hi

s new farm succeeds because of the farmer's new growing technique, the farmer will earn a substantial profit. The innovation of using a new farming technique represents a person's creative input to production. Thus this is an example of:__________.
Business
1 answer:
PolarNik [594]3 years ago
7 0

Answer:

Entrepreneurship

Explanation:Entrepreneurship - it is referred to as taking risk of producing new products or starting something new by utilizing the resources available in the area.

If after utilizing the resources lead the market value of resulted outcomes is greater than available resources then entrepreneur has a profit.

In the same way, the wheat farmer is starting to invest in the land which assumed to be not good for growing wheat.

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What are the four challenges associated with telecommuting mentioned in the article​
OlgaM077 [116]

Answer:

It decreases the interaction of humans. It also blurs work and personal life. It also create difficulties in demonstrating workload. It enables technology to get in the way.

Explanation:

Generally, the applications of telecommunication and devices are accompanied by both positive and negative effects. It makes communication easy and transfer of information efficient. There are also negative effects of the use of telecommunication as outlined in the answer section above.

8 0
3 years ago
Read 2 more answers
A marketing plan refers to:_______
Alex73 [517]

Answer:

e. a road map for the marketing activities of an organization for a specified future time period, such as one year or five years.

Explanation:

A company's marketing plan generally involves specific periods of time, and usually last more than one year, but they aren't long enough to be considered as long term goals (more than 5 years). They follow the company's marketing strategies (long term goals), coordinate marketing activities and set short term goals.

5 0
3 years ago
Whispering Winds Corp. compiled the following financial information as of December 31, 2022: Service revenue $836000 Common stoc
lawyer [7]

Answer:

$580,000

Explanation:

The computation of the asset is shown below:

= Equipment + supplies + cash + account receivable

= $244,000 + $30,000 + $215,000 + $91,000

= $580,000

We simply added the four items so that the asset value could be determined

Hence, the asset is $580,000

5 0
3 years ago
Which of these lists correctly orders the binary
xz_007 [3.2K]

Answer:

the third option

Explanation:

Your welcome :)

5 0
2 years ago
"A company currently using an inspection process in its material receiving department is trying to install an overall cost reduc
Bogdan [553]

Answer:

$23.32

Explanation:

We have the given information as below:

Defective content average = 0.04

Number of units inspected per hour = 53

Hourly rate = $10

Cost involved in final product testing = $11

Now to determine if the inspector position is eliminated, we will need to calculate the number of defective products:

defective products = Defective content average × Number of units inspected per hour

defective products = 0.04 × 53 = 2.12

the hourly cost of defects = defective products × Cost involved in final product testing

The hourly cost of defects = 2.12 × $11 = $23.32

4 0
3 years ago
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