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Lelechka [254]
4 years ago
4

Which statement is true of entrepreneurs? Successful entrepreneurs only have to see an opportunity, they don’t have to take adva

ntage of it. A good entrepreneur sometimes solves problems by hiring experts to help, like an office manager or IT professional. The best entrepreneurs have extensive education and experience in the market their business is in. Bad entrepreneurs rely on a crutch like a business plan or venture capital to start a successful business.
Business
2 answers:
Kobotan [32]4 years ago
7 0

I'd have to say B as it makes the most amount of sense based up on the lessons that I have taken A good entrepreneur sometimes solves problems by hiring experts to help, like an office manager or IT professional. That's the best answer I can give you. Can I get Brainliest?

Nostrana [21]4 years ago
5 0

entrepreneurs are people who start businesses in its simplest definition. A successful entrepreneur must see an opportunity and take advantage of that opportunity. Not all entrepreneurs have extensive education of market experience. Good entrepreneurs rely on business plans and venture capital (which can sometimes be their own money.) Also, entrepreneurs can hire outside help to solve problems, running a business does not have to be a one-man show.

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Your company’s human resource manager is away from the office serving in the National Guard, and you have four open positions to
Papessa [141]

Answer: An assessment center

Explanation:

The tests that should be chosen to determine how applicants handle complex situations that mimic events they would encounter on the job is the assessment center.

An assessment centre is used by different organizations so as to know how suitable candidates are for a particular position in the company.

The candidates perform different exercises, group work, interviews, presentation etc in order to make the employers know if they fit the role.

7 0
3 years ago
15.2 Calculating Flotation Costs: The Wiley Oakley Co. has just gone public. Under a firm commitment agreement, Wiley received $
Marina CMI [18]

Answer:

23.16%

Explanation:

net amount of money received by Wliey Oakley = 7,750,000 stocks x $21.39 per stock = $165,772,500

total flotation costs including direct and indirect costs = [($26.30 - $21.39) x 7,500,000] + $1,350,000 + $210,000 = $38,385,000

flotation costs as a percentage of funds raised = $38,385,000 / $165,772,500 = 0.2316 = 23.16%

4 0
3 years ago
Which of the following instances will total revenue or receipts decline? Group of answer choices Price falls and demand is elast
Phoenix [80]

Answer:

Price rises and demand is elastic

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

Demand is inelastic if a small change in price has little or no effect on quantity demanded.

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.

If Price falls and demand is elastic, total revenue would increase because Quanitity demanded would rise.

If Price falls and demand is unit elastic, there would be a proportionate change in quantity demanded and total revenue would remain unchanged.

If Price rises and demand is elastic, total revenue would fall because Quanitity demanded would fall.

If Price rises and demand is inelastic, total revenue would rise because there would be no change in quantity demanded

5 0
3 years ago
Froya Fabrikker A/S of Bergen, Norway, is a small company that manufactures specialty heavy equipment for use in North Sea oil f
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The company uses a job-order costing system that applies manufacturing overhead cost to jobs on the basis of direct labor-hours

<h3>What is manufacturing?</h3>

Manufacturing is the process of creating or producing goods using equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the economy's secondary sector.

The Manufacturing Principles are a set of elements shared by all manufacturing industries that revolve around the concepts of flow and variation. These principles have emerged as a result of close collaboration with the manufacturing industries at both the research and operational levels.

API production entails a wide range of complex chemical or biological processes. API synthesis from raw materials necessitates multi-step procedures involving a variety of high-tech processing technologies.

To know more about manufacturing follow the link:

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7 0
2 years ago
Which of the following statements does correctly explain the effect of additional debt on the weighted average cost of capital (
Aleksandr-060686 [28]

Answer: The net effect of additional debt on WACC is uncertain.

Explanation:

Weighted Average Cost of Capital (WACC) refers to the rate of return that a company is paying it's capital providers on average be it debt holders or shareholders.

Adding additional debt to the mix effects the WACC in an uncertain way due to the different ways the WACC could react. For example, adding additional debt decreases the after-tax cost of debt because debt is tax deductible which means that more money can flow to shareholders so that reduces the cost of equity. At the same time however, Additional debt can increase the risk of bankruptcy meaning that the before tax cost of debt rises which also increase the WACC.

The effect can swing either way thereby making it uncertain.

5 0
3 years ago
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