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IgorC [24]
3 years ago
11

Rick has met with the Small Business Administration, which analyzed his entrepreneurial skills and provided him with a summary o

f the results. Out of these findings of the SBA, what might challenge Rick in his quest to become a successful entrepreneur? a) Rick is conscientious and emotionally stable. b) Rick has some tolerance for ambiguity because he knows he is trying to do things that haven't been done before. c) Rick has an external locus of control. d) Rick is comfortable with a moderate level of risk, and he has the confidence to act decisively. e) Rick has a high nec Rick has a high need for autonomy and wants to shape his own destiny
Business
1 answer:
Mrrafil [7]3 years ago
5 0

Answer:

c) Rick has an external locus of control.

Explanation:

What can challenge Rick in his quest to become a successful entrepreneur is that he has an external locus of control, which occurs when an individual relates events related to their failures or successes to external variables that are not their responsibility, such as fate, luck or bad luck.

The external locus of control can pose a challenge for Rick in the sense that an entrepreneur's success is related to his own personal control and personal efforts to make the business viable and successful in the market. It is necessary for the entrepreneur to understand that there are risks inherent to the business and that a business can work according to their efforts, learning and planning, that is, the entrepreneur and their control and management actions will be responsible for the success or failure of the business, and not just external factors like fate or bad luck.

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Frost Enterprises buys a warehouse for $ 510,000 to use for its East Coast distribution operations. On the date of the​ purchase
12345 [234]

Answer:

$510,000.00

Explanation:

Since the historical cost principle states that business must account and record most assets at their purchase or acquisition price which means the data put into record on the balance sheet would reflect amount paid for asset.

That is why it is $510000.

6 0
4 years ago
Company officers will have direct involvement with their assigned personnel and should have knowledge of organizational policies
musickatia [10]

The knowledge that company officers have over their assigned personnel will include:

  • Duty assignments.
  • Promotions.
  • Retention.
  • Performance evaluations.
  • Duty exchange.
  • Leave (vacation, sick, and wellness).
  • Substance abuse.
  • Absenteeism

<h3>What knowledge will company officers hold?</h3>

Company officers will be expected to directly interact with the personnel under them.

To do this, they are to have knowledge of certain things such as performance evaluations, substance abuse, and duty assignments. This would help them direct personnel better.

Options for this question are:

  • Duty assignments.
  • Promotions.
  • Retention.
  • Performance evaluations.
  • Duty exchange.
  • Leave (vacation, sick, and wellness).
  • Substance abuse.
  • Absenteeism
  • All of the above.

Find out more on the duties of company officers/ management at brainly.com/question/3792248.

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5 0
2 years ago
More than 10,000 people waited in line for more than two hours to see a titan arum (a rare flower) at cambridge botanic garden.
weqwewe [10]

An economist would conclude that when goods are not rationed by monetary price or lottery, other rationing mechanisms like waiting arises.

Here, many people were willing to wait for more than two hours to see the rare flower. The visiting was arranged in such a way that first come, first see. The rareness of the flower made no option but to wait in line to see it.

In an economist's perspective, he will compare the flower to the goods. There is rationing for food through monetary and lottery mechanisms. But if  there were no mechanisms like this, then waiting will be the only way to consume goods. Here, because the flower was rare, it cannot be rationed by price. But we are still able to ration goods by price. If someday, there will be lack of goods, then the only rationing mechanism we could opt will be waiting in lines.

Learn more about rationing mechanisms at brainly.com/question/14938189

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7 0
2 years ago
If the total revenue function for an item is R(x) = 35x - 0.25 x2 , first determine how many units x must be sold of the item in
Troyanec [42]

Answer:

So there should be 70 units must be sold for maximum revenue and maximum revenue will be 1225

Explanation:

We have given that the total revenue for an time is given by R(x)=35x-0.25x^2

Now for maximum revenue R'(x) must be zero

R'(x)=35-0.5x

So 35-0.5x=0

x = 70

Now maximum revenue will occur at x= 70

So maximum revenue = =35\times 70-0.25\times 70^2=2450-1225=1225

So there should be 70 units must be sold for maximum revenue and maximum revenue will be 1225

4 0
3 years ago
The Nuclear Regulatory Commission helps oversee legislation of
bekas [8.4K]

Answer: Option C.

Explanation:

The Nuclear Regulatory Commission assists in monitoring environmental law legislation. Commercial nuclear power plants and other nuclear material uses are governed by the Nuclear Regulatory Commission. The United States government's Nuclear Regulatory Commission (NRC) is an independent body.

Originating from the United States Atomic Energy Commission, it is the United State government agency responsible for regulating radioactive material. The Regulatory Authority over the use of ionizing radiation in Industry is shared among several Federal, State, and local government agencies.

Nuclear Regulatory Commission (NRC) has regulatory authority over the use of byproduct material in the industry. NRC's regulatory mission covers these three main areas. They are Reactors, Materials, and Waste.

To learn more about Nuclear Regulatory Commission,

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4 0
1 year ago
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