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hjlf
3 years ago
15

According to Brooks's article, what was the main effect of entrepreneurship in China?

Business
2 answers:
kirza4 [7]3 years ago
4 0

The correct answer is A. Poverty noticeable declined.

According to Brooks article many entrepreneur are interested in security in jobs.

China is the most entrepreneurial country in the world.

There is Internet entrepreneurs and in mobile technology sectors.


Eva8 [605]3 years ago
4 0

Answer:

Poverty noticeably declined.

Explanation:

Entrepeneurship among the Chinese population according to the article has helped to decrease the poverty, this is because people that were former without a job, or with a low paying job have been able to work on their own and create their own business to earn their money, the weird thing is that they often do no leave the primary low paying job, they´d often take other jobs or start their own as a second paying job.

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Please explain what is the difference between a change in demand versus a change in quantity demanded? Why is it so important to
zmey [24]

A change in demand means a shift in a consumer's desire to a particular good or service irrespective of price variations while a change in the quantity demanded explains a change in the amount of goods or services a consumer is willing purchase largely influenced by the demand price. It has become important to differentiate between this terms as they sound alike representing different meanings in economics. Price elasticity of demand influences the choices individual and firms make as it goes to show if the demand for a particular amount of goods will drop sharply or if the demand would remain same even as price increases. A perfect example is currently the issue of protective gears used to forestall the spread of the ravaging Covid-19. The demand for Face masks have increased as both individuals and health care givers need them with the latter requiring them the most. The increased demand has also seen to the increase in price and this does not affect the amount demanded as the price continues to increase following its rise in demand. This explains the inelasticity of demand.

6 0
3 years ago
Your team consists of three people who are collaborating on a short quarterly report. You are putting the final touches on your
Vsevolod [243]

Since each member needs to review the document one more time, then, the best collaboration tools for this will be E-mail.

<h3>What is an E-mail?</h3>

E-mail is basically a online-based application that facilitate an exchange of messages between one or more users

In conclusion, because all member needs to review the document one more time, then, the best collaboration tools for this will be E-mail.

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5 0
1 year ago
In accounting for uncollectible receivables, the balance in Allowance for Doubtful Accounts will directly impact the amount of t
andriy [413]

Answer:

c. the analysis of receivables method.

Explanation:

In accounting for uncollectible receivables, the balance in Allowance for Doubtful Accounts will directly impact the amount of the adjustment when applying the analysis of receivables method.

The uncollectible account for receivables includes loans, credit sales or other debts that the business isn't expecting payment for and they are recorded as bad debt expense on the balance sheet.

The allowance for doubtful account method is used to account for the bad debt expense, and recorded before the bad debt occurs.

Basically, there are two (2) main methods of determining uncollectible accounts for receivables under the allowance method, these are;

1. The analysis of receivables method.

2. The percentage of sales method.

In this scenario, we are more concerned with this;

The analysis of receivables method is used to determine uncollectible account for receivables based on the age of respective accounts receivable.

4 0
2 years ago
Consider a bond with the following characteristics. Par: $1,000 Two coupon payments per year (i.e., coupons are paid semi-annual
MAXImum [283]

Answer:

The new price of the bond is $928.94

Explanation:

Initially the bond's price is equal to its par value which means the coupon rate on bond and the market interest rates are the same i.e. 6%.

Th bond's price is calculated as the sum of the present value of the annuity of interest payments by the bond and the present value of the face value of the bond that will be received at maturity. The discount rate used to calculate the present values is the market interest rate.

As the bond is a semiannual bond, we will use the semi annual coupon payment, the semi annual percentage of the annual rate of interest on market and the number of semi annual periods outstanding.

Semi annual coupon payment = 1000 * 0.06 * 6/12 = $30

Number of semiannual periods till maturity = 10 * 2 = 20 periods

New market interest rate = 6 + 1 = 7% annual

New semi annual market interest rate = 7% / 2 = 3.5%

Price of bond =  30 * [ (1 - (1+0.035)^-20) / 0.035 ] + 1000 / (1+0.035)^20

Price of bond = $928.938 rounded off to $928.94

We used the present value of annuity ordinary formula for preset value of interest payments and the normal present value of principal formula for the face value.

5 0
3 years ago
What is a marketing plan and why is it a company's a most important document? What basic elements should be included in a top-do
bonufazy [111]

Answer:

Explanation:

A marketing plan refers to the comprehensive document that outlines a company's overall marketing effort. It is a blueprint that outlines how a company will implement its marketing strategy, and how the company will utilize a combination of resources in order to achieve its business objectives. It is a company's a most important document because:

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A marketing plan should always have the following:

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Small companies can use bottom-up marketing to become big companies by creating an ingenious tactic they can use and building a strategy around it.

The elements of an advertising plan and an IMC strategy:

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The creative mix is composed of:

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The type of companies that tend to use the percentage of sales method are companies that want to use a method that will cost them nothing and will provide a greater chance of success for future sales.

4 0
2 years ago
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