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shtirl [24]
2 years ago
12

How would an entrepreneur apply comfort with risk when developing a product or service?​

Business
1 answer:
djverab [1.8K]2 years ago
8 0

Answer:

Entrepreneurs  people adhere to the essential standards of danger the executives: They search for circumstances where in the event that they miss the mark they lose just a specific worth, yet in the event that they win they could remain to increase 10 fold the amount

Explanation:

Entrepreneurs  people adhere to the essential standards of danger the executives: They search for circumstances where in the event that they miss the mark they lose just a specific worth, yet in the event that they win they could remain to increase 10 fold the amount. Furthermore, the best business visionaries never wager beyond what they can bear to lose. As a rule, business visionaries accept hazards as it permits them to separate themselves from their rivals. In the serious business condition that exists today, the individuals who are eager to hazard position themselves as pioneers, while others get left behind.

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The pattern of planned human resource deployments and activities that are intended to enable an organization to achieve its goal
iris [78.8K]

The pattern which intends to enable an organization to achieve its goals is known as a Strategic Human Resource Management

<h3>What is a Strategic Human Resource Management?</h3>

A Strategic HRM is the management that deals with creation of planned framework for employees to be hired and developed ways that supports an organisation's long-term goals.

In conclusion, the pattern planned human resource deployments which intends to enable an organization to achieve its goals is known as a Strategic Human Resource Management

Read more about Strategic HRM

<em>brainly.com/question/25170910</em>

6 0
2 years ago
How can a company´s salespeople help with product development?
Marizza181 [45]

Answer:

Salespeople, who are on the front line interacting with customers, assume one of the most important roles in the product differentiation process. A well-informed customer will usually choose the product that offers the most value. There- fore, salespeople need to position their product with a value proposition.

6 0
3 years ago
Two professors at a nearby university want toco-author a new textbook in either economics or statistics. They feel that ifthey w
lutik1710 [3]

Answer: Option (b) is correct.

Explanation:

Economics:

Probability of placing it with a major publisher(pm) = 0.5 for selling(sm) = 40,000 copies

Probability of placing it with a smaller publisher(ps) = 0.8 for selling(ss) = 30,000 copies

Therefore,

Expected value (Economics) = pm × sm + pm(ps × ss)

                                               = 0.5 × 40,000 + 0.5(0.8 × 30,000)

                                               = 32,000 copies

4 0
2 years ago
Gitano Products operates a job-order costing system and applies overhead cost to jobs on the basis of direct materials used in p
Yanka [14]

Answer and Explanation:

According to the scenario, computation of the given data are as follow:-  

1. Predetermined Overhead Rate for a Year

= Estimated Manufacturing Overhead ÷ Estimated Allocation Base Of Direct Material × 100

= $133,500 ÷ $89,000 × 100

= 150%

2. We have a need the value of overhead applied and overhead incurred, to calculate the value of over applied and under applied overhead.

Overhead Applied = (Purchase Of Direct Material + Opening Value of Direct Material - Closing Value of Direct Material) × Predetermined Overhead Rate

= ($139,000 + $27,000 - $13,000) × 150 ÷ 100

= $153,000 × 150 ÷ 100

= $229,500

Overhead Incurred

= Indirect Labor + Property Taxes + Depreciation of Equipment + Maintenance + Insurance + Rent&Building  

= 127,800 + 8,880 + 18,000 + 12,000 + 11,300 + 40,000

= $217,980

Over Applied Overhead = Overhead Applied - Overhead Incurred

= $229,500 - $217,980

= $11,520

Overhead applied is more than overhead incurred, so this situation is called over applied overhead.

3. Cost of Goods Manufactured for the Year

Particular  Amount  ($)

Opening stock of raw material 27,000

Add-purchases of raw material 139,000

Less-closing stock of raw material 13,000

Add-Direct labor 85,000

Add-Manufacturing overhead applied to WIP 229,500

Add-Opening Work in Progress 46,000

Less-closing Work in Progress 36,000

Goods manufacturing cost 477,500

4. Unadjusted Cost of Goods Sold

Particular  Amount ($)

Goods manufacturing cost 477,500

Add-finished goods opening stock 71,000

Less-finished goods closing stock 56,000

Cost of goods sold 492,500

3 0
3 years ago
True or False: A decrease in the general price level resulting from an increase in the cost of production is known as cost-push
seropon [69]

Answer: False. The General price level will only increase. It will not decrease at any cost of having cost pull inflation and the demand full inflation.

Explanation:

For every production of the single unit, the expenses incurred on the wages and the cost incurred on using raw materials  are prominently considered. The rate of demand has an inverse relationship with the increase in the cost of production. Then the price level of the products increases with the effects of Cost-push inflation.

Secondly, The rate of the demand for particular products increases beyond the equilibrium level when the output rate remains below the capacity to meet the requirements of the consumers' demand. In one particular stage, Demand-full inflation takes place which utmost leads to an increase in the price level and acts as a cause for Demand-full inflation.

4 0
3 years ago
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