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LenKa [72]
4 years ago
14

Some people argue that “the only beneficiary of the entrepreneurial wealth is the entrepreneur him/herself” Do you agree? Why or

why not?​
Business
1 answer:
tamaranim1 [39]4 years ago
5 0

Answer:

I do not agree that “the only beneficiary of the entrepreneurial wealth is the entrepreneur him/herself.”

The entrepreneur may be the chief beneficiary when she is alive to reap the rewards of their entrepreneurial efforts.  But, she is certainly not the only beneficiary of the entrepreneurial wealth that she creates.  Nobody works in isolation.  When the entrepreneur commences her business, society as a whole benefits because any individual wealth created increases the wealth of the nation and the world.  She only gets the profit share of the created wealth.  Customers who patronize her services and goods also derive satisfaction of needs (utility or value).  The entrepreneur's wealth is also shared to the government in form of taxes.  Suppliers of primary goods and services also share in the wealth of the entrepreneur.  And employees of the entrepreneur also take a large share of the created wealth.

Explanation:

But, who is an entrepreneur?  She is somebody who assumes some entrepreneurial (first-time) risks in order to set up a business for the manufacture or provision of goods and services for the purpose of profit.  Her business may not be profitable in the short-run.  She can even lose tons of money initially until the profit stage sets in.  As she preserves, the profits will start rolling in, provided she had done her homework well.

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What is the difference between product value and unique selling proposition?​
cestrela7 [59]

Answer:

USPs and value propositions often get confused

there under two different umbrella .

Keep in mind that your USP doesn’t have to revolve around a product detail (such as quality, features, or price). It can also call attention to a unique aspect of your business more broadly speaking (service, selection, speed, convenience, dependability, guarantees, customization, philanthropy, and so on).

Value propositions are longer statements than USPs because they express the tangible results or concrete outcomes (“benefits”) a customer experiences from using a company’s products or services. They serve to convince your target market they’ll get “value for their money” by describing exactly what that value is. 

7 0
3 years ago
When a corporation purchases or builds a facility in a foreign country, it is called:_________
GalinKa [24]

When a corporation purchases or builds a facility in a foreign country, it is called Foreign direct investments (FDI).

<h3>What is the purchase of one corporation by another called?</h3>

A corporation makes an acquisition when it buys the majority or all of the shares of another company in order to take over someone business. The acquirer can make choices on newly acquired assets without the consent of the target company's other shareholders if they purchase more than 50% of the target company's stock and other assets.

<h3>How are corporations bought and sold?</h3>

Another corporation may be owned by a corporation, and it may be acquired using the shares of the original corporation. There are two ways to purchase a company's business: through investing in the corporation that owns the business's shares (a share sale). The sellers in this situation are the company's shareholders, and they will sell the buyer their shares in the business.

To know more about shareholder visit :

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6 0
2 years ago
If actual overhead is greater than applied manufacturing overhead, then manufacturing overhead is: Select one:
raketka [301]

Answer:

a. under applied.

Explanation:

For computing, whether it is under applied or over applied first, we have to compute the predetermined overhead rate. The formula is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

Now we have to find the applied overhead which equal to

= Actual direct labor-hours × predetermined overhead rate

So, the ending overhead equals to

= Actual manufacturing overhead - applied overhead

= under-applied  

If actual overhead is more than the applied overhead

3 0
3 years ago
Della the sales manager just informed her sales team that all sales in March will earn extra 5% commission the
Sever21 [200]

Della, the sales manager, just informed her sales team that all sales in March will earn an extra 5 percent commission. The team gets right to work, being motivated by a extrinsic reward.

<h3>What is extrinsic reward?</h3>

Employees typically receive extrinsic rewards in the form of monetary or tangible compensation, such as raises, bonuses, and benefits. They are extrinsic because they are unrelated to the completion of the work and are managed by people other than the employee.

Extrinsic rewards include monetary bonuses and additional days off from work. They are under the control of people other than you. Intrinsic rewards are intangible, psychological rewards that come from completing a task well.

Extrinsic motivation uses rewards or other incentives, such as praise, fame, or money, to motivate people to do certain things. Unlike intrinsic motivation, this type of motivation is driven by external factors. Extrinsic motivation is demonstrated by being paid to do a job.

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6 0
2 years ago
Which type of culture would most likely include characteristics such as openness, freedom, debate, and risk-taking?
adell [148]

Answer:

e. diversity-focused

Explanation:

-Ethical  culture refers to a culture in which people behave according to the group of values and standards set by the organization.

-Friendly  is a culture where there is a good working environment in which people are nice and kind.

-Innovative  is a culture in which leaders motivate people to think differently and propose new things.

-Customer-responsive  is a culture in which people focus on taking care of customer's needs.

-Diversity-focused is a culture in which the company is open to people with different backgrounds where there is freedom to offer new perspectives that allows to generate debate and people is more willing to take risks.

According to this, the answer is that the type of culture that would most likely include characteristics such as openness, freedom, debate, and risk-taking is diversity-focused.

8 0
3 years ago
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