Simply said, management is by far the most crucial aspect for astute investors. VCs invest mostly in the management team's capacity to carry out the company plan. You need a solid understanding of your market, a tested business plan, and a well-thought-out strategy for approaching venture investors if you want to distinguish out from other businesses.
In addition to this, VCs value intellectual honesty and self-awareness in founders. He has discovered from his experience as an investor that "those who are very introspective, recognize their strengths and flaws" have a higher likelihood of founding and eventually developing a successful firm.
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Explanation:
Examples of determinants of demand are:
- The price of the good or service. - The nominal price of a good is its value in terms of money
- The income of buyers. - available to purchase a good
- The prices of related goods or services. - one of the other factors affecting demand
- The tastes or preferences of consumers. - the subjective (individual) tastes, as measured by utility, of various bundles of goods.
- Consumer expectations. -the feelings, needs, and ideas that customers have towards certain products or services
If you have any questions feel free to ask in the comments. - Mark
This scenario illustrates that the company is aiming at fulfilling its <u>"discretionary responsibility".</u>
Discretionary responsibilities are those that are voluntarily expected by a business association. They incorporate advertising exercises, great citizenship, and full corporate social obligation. Through advertising exercises, chiefs endeavor to improve the picture of their organizations, items, and administrations by supporting noble purposes. This type of discretionary obligation has a self-serving measurement.
Hello there.
Question: <span>What type of degree do u need to have to be a hairstylist?
Answer: You would need a high school diploma or a GED for cosmetology school. You would then need an associate's degree in cosmetology.
Hope This Helps You!
Good Luck Studying ^-^</span>
Answer:
It is profitable to accept the special offer.
Explanation:
Giving the following information:
The shopping mall would like to purchase 200 extra-large white trees. Apex Company has the excess capacity to handle this special order. The shopping mall has offered to pay $120 for each tree.
Variable costs:
Direct materials $50.00
Direct labor (variable) $3.50
Variable manufacturing overhead $1.00
Additional variable cost= $6
This special order would require an investment of $10,000 for the molds required for the extra-large trees.
Because it is a special offer and there is unused capacity, we will not have into account the fixed costs (except the incremental fixed cost).
Unitary variable cost= 50 + 3.5 + 1 + 6= $60.5
Fixed costs= 10,000
Incremental income= (200*120) - (200*60.5) - 10,000= $1,900
It is profitable to accept the special offer.
