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3 years ago

Which statement is true of entrepreneurs?

2 answers:

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Entrepreneurs are people that make their own business. Most businesses tend to have a rough start and can possibly even fail. It depends on how the person creating the business acts and how determined they are to make the business flourish. Although many rich people may of started off of just one product that got advertised well and was sold quickly. Even if it isn't a product but more so a service, you can be very successful. Just know what the people want.

Hope this helped!

Irina-Kira [14]3 years ago

3 0

Group of answer choices:

A) Successful entrepreneurs only have to see an opportunity, they don’t have to take advantage of it.

B) A good entrepreneur sometimes solves problems by hiring experts to help, like an office manager or IT professional.

C) The best entrepreneurs have extensive education and experience in the market their business is in.

D) Bad entrepreneurs rely on a crutch like a business plan or venture capital to start a successful business.

Answer:

The correct answer is letter "B": A good entrepreneur sometimes solves problems by hiring experts to help, like an office manager or IT professional.

Explanation:

Entrepreneurs are people who see things in different ways or have special talent to find solutions for different matters introducing innovative methods. In the case part of their idea is not exactly in their field of expertise, entrepreneurs request the help of professionals to ensure the final result will be achieved as expected.

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One of the usual differences between financial and managerial accounting is the time dimension of the information reported.

AlladinOne [14]

False management account is the time

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3 years ago

Corporations differ from partnerships and other forms of business association in two ways. One of these is that:________.

8090 [49]

Answer: c. they must be publicly registered or in some way officially acknowledged by the law.

Explanation:

Corporations tend to have many shareholders who would get hurt if the company fails and for this reason they are regulated by the law. They must be publicly registered to allow people to purchase and sell shares and they must have the official acknowledgement of the law.

The formation of a corporation can be complicated and require a relatively high number of legal processes and corporations are not regulated by the Federal Trade Commission.

Also, even though shareholders are technically entitled to the company's profits, they don't get to collect it immediately because the company needs money to function and grow.

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3 years ago

________ raise capital mainly from high net-worth individuals, and they are generally privately held

gayaneshka [121]

The answer to this question is hedge-fund. In hedge-fun, the capital owner isn't involved in determining to which companies the money will be invested into. All hedge-funes usually appoint one hedge-fund manager that will be responsible in calculating all the risk and opportunities from potential investment and use the accumulated capital to buy ownership.

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2 years ago

Which of the following, if true, would illustrate why price indexes such as the CSPI might overstate inflation in the cost of go

sdas [7]

Answer: The quality and design of calculators improved dramatically from 2014 to 2016.

A new, safe method of memory enhancement became available for purchase.

As the price of textbooks increased, more and more students turned to the used-book market or chose not to buy textbooks at all, instead using the copies on reserve in the library.

Explanation: If textbook price increases , it might overstate the inflation in cost of going to college.

A new safe memory enhancement will be costly because of it's superior quality and technological progress.

Similarly , new calculator will also be improved and superior.

Thus, the survey will reflect higher prices,

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3 years ago

In two paragraphs, compare secured and unsecured types of credit. Secured sources of credit include title loans and personal loa

grigory [225]

Secure credit is credit that is given with a connection to a piece of collateral, such as a car or a home. This means that, if you were to default on your payments, the lender would be legally entitled to taking possession of the collateral. An example of this is a car loan, which is a loan that is used to purchase a car. On the other hand, an unsecured loan is one that is not protected by any collateral. This means that the lender cannot immediately take your property of you default on the loan. An example of this is a credit card.

In the case of a secured car loan, interests tend to be lower because of the security that the collateral (the car) provides. Moreover, these loans tend to provide interest rates that are fixed, which means that it is easier to plan for this expense and avoid falling behind on payments. The risk for the lender is less with a secured loan, as he is able to take the property and resell it if the borrower is unable to repay the loan. On the other hand, credit card are riskier for the lender (the bank) as they are unsecured, and this means that they are unable to immediately take any property from the borrower who did not repay. Because of this high risk, interest rates also tend to be high.

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3 years ago