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2 years ago

Identify five entrepreneurial qualities that have contributed to the success of his/her business .justify your answer

Business

1 answer:

statuscvo [17]2 years ago

5 0

The entrepreneurial qualities that helps any businessman to be successful in his or her business are as follows:

1) The quality of goods and services should be maintained.

2) The information regarding the product needs to be disseminated to the public.

3) Finance and funding should be taken care of to avoid illegal profits and bankruptcy.

4) True and fair means of practices should be followed.

5) The entrepreneur should be accountable and responsible for the services provided by him.

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Sheridan Company uses the periodic inventory system. For the current month, the beginning inventory consisted of 485 units that

Kipish [7]

Answer:

Value of closing inventory = $25771.04

Explanation:

To calculate the value of ending inventory under a periodic average cost method, we will calculate the average price per unit of inventory at the end of the month. To calculate the average price per unit, we simply divide the total cost of the inventory by the total number of units for the month.

Average cost per unit = Total cost of all units for the month / Total units available for the month

Total cost of all units:

Beginning inventory (485 * 66) 32010

Purchase 1 (725 * 69) 50025

Purchase 2 (364 * 71) 25844

Total 107879

Total Units

Beginning Inventory 485

Purchase 1 725

Purchase 2 364

Total 1574

Average cost per unit = 107879 / 1574

Average cost per unit = $68.54

Units of closing inventory = 1574 - 1198 = 376 units

Value of closing inventory = 376 * 68.54

Value of closing inventory = $25771.04

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2 years ago

If an organization sets the marketing objective of maintaining uniformity and strong centralized control over its marketing acti

irinina [24]

Answer:

standardization

Explanation:

Standardization marketing strategy can be regarded as strategy that use in making a market to be a solution having uniform consistency throughout particular marketing mix. It is the

marketing of products and keeping a uniform image of the product among the varying markets. It should be noted that If an organization sets the marketing objective of maintaining uniformity and strong centralized control over its marketing activities and products, then the organization is choosing standardization strategy

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2 years ago

Big Sky Sports sells hunting and fishing equipment and provides guided hunting and fishing trips. Big Sky Sports is owned and op

stiv31 [10]

Answer:

(a)

1. Kalispell State Bank

2. Glacier Boutique

3. Big Sky Sports

4. Kalispell State Bank

5. Big Sky Sports

6. Big Sky Sports

7. None of the above

8. Glacier Boutique

9. None of the above

10. Big Sky Sports

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2 years ago

Demand for individual products can be driven by product life cycles. a. True b. False

Ray Of Light [21]

True djtvfegjuthbggh

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3 years ago

McBride’s Dairy has 200 gallons of cream and 600 gallons of skimmed milk and has incurred $1,000 of joint costs at the split-off

PtichkaEL [24]

Uhh I think C idk really

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3 years ago