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Alenkinab [10]
3 years ago
6

Which statement is true of entrepreneurs?

Business
2 answers:
strojnjashka [21]3 years ago
3 0

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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a. might make you better off if your nominal wages fall more rapidly than prices. b. automatically occurs when there are more go
Mariana [72]

Answer:

c. would negatively affect producers but positively affect consumers because producers must accept lower prices

Explanation:

In the case of deflation, it negatively impact the producers but on the other side it impact positively to the consumers as the producers are ready to accept at the lower price also

So as per the given situation, the deflation should be fit to the above option

Therefore the other options should be considered irrelevant and hence not considered

7 0
3 years ago
Which is not a feature of the four‑firm concentration ratio? a) It is an indicator of the oligopolistic nature of an industry. b
PtichkaEL [24]

Answer: d) The ratio considers differences between the market shares of the top four firms. It is NOT a feature of the four-firm concentration ratio.

Explanation:

The concentration index of a market is the market percentage of a number of companies in that market with respect to its total size. It is used to calculate the domain of one or more companies in their respective market. It is used to calculate the domain of one or more companies in their respective market. Therefore the concentration ratio of 4 companies calculates the total market percentage of these 4 companies and presents with respect to the total market, so it does not take into account the differences between the market shares of the four main companies.

5 0
3 years ago
If the money multiplier is 3 and the fed wants to increase the money supply by $900,000, it could:.
Tanya [424]

Answer:

buy $300,000 worth of bonds

Explanation:

Hope this helps:)...if not then sorry for wasting your time and may God bless you:)

3 0
3 years ago
Sxsw utilizes various promotional techniques to reach its target audiences. the use of personal selling, advertising, public rel
tiny-mole [99]
<span>The use of personal selling, advertising, public relations and sales promotion is known as the promotion mix.

</span><span>The promotional mix is one of the 4 Ps of the marketing mix. It consists of public relations, advertising, sales promotion and personal selling.</span>
4 0
3 years ago
You purchased a share of stock for $50. Two years later you received $2 as dividend and sold the share for $59. What was your ho
grigory [225]

Answer:

The answer is =22%

Explanation:

Holding period return is the total return from asset or investment portfolio over a period of time. Holding period return is expressed as a percentage.

Its formula is:

[(value at the end of the period- original value) + income or dividend]/ original valuex 100

[2 + (59 - 50)] / 50x 100

(2 + 9 ) / 50x 100

11/50 x 100

=22%

4 0
3 years ago
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