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Alex17521 [72]
3 years ago
14

What is the role of the entrepreneur in the modern economy?

Business
2 answers:
sdas [7]3 years ago
6 0

Answer: D. To generate wealth

—————————————————-

iris [78.8K]3 years ago
4 0

Answer:

B) TO CREATE JOBS

Explanation:

2. Create Jobs: Entrepreneurs are the organizers of the other factor of production(Land, Labour Capital) and are by nature and definition job creators, as opposed to job seekers. The simple translation is that when you become an entrepreneur, there is one less job seeker in the economy, and then you provide employment for multiple other job seekers. This kind of job creation by new and existing businesses is again is one of the basic goals of economic development. All this in turn creates a lot of job opportunities, and is helping in augmenting our standards to a global level.

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Choose an example of a company you could start, and decide which business structure would make the most sense for that type of c
PolarNik [594]

Answer:

nonprofit corporation - literally anything involving donations - your welcome

Explanation:

6 0
3 years ago
Before taking out a loan, you should ask yourself whether you can meet all of your essential expenses and still afford the month
sineoko [7]

Answer:

Adding up basic monthly expenses and subtracting this total from take-home pay, plus trying to find out ways or figuring out what to give up to make the monthly loan payment.

Explanation:

A loan is simply a borrowed money that must be repaid at a certain point in time.

Before taking out a loan, it is better you ask yourself some questions like the reason for the loan collection, how much am i earning and willing to set aside for the loan repayment and will it be monthly and other questions.

8 0
3 years ago
Which resource management activity identifies and verifies that personnel.
Marina CMI [18]

The process of credentialing helps in identification and verification of the personnel in an organization.

<h3>What is credentialing?</h3>

The process that involves the documentation of an individual for the purpose of ensuring and authenticating the true and fairness of the qualifications of an individual associated with the organization is known as credentialing.

It is one of the most important function of the resource management system, which ensures that the organization can be assured of the skills mentioned by the personnel.

Hence, credentialing process is as defined above.

Learn more about credentialing here:

brainly.com/question/14880501

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5 0
2 years ago
On January 1, 2017, Boston Enterprises issues bonds that have a $1,850,000 par value, mature in 20 years, and pay 7% interest se
ANTONII [103]

Answer:

Interest per six months =$64,750 .

Explanation:

B<em>onds are instruments used by companies, governments and other entries to borrow from the public. </em>

<em>They represent a contractual agreement where  the borrower commits to pay a percentage of the principal amount borrowed plus the principal amount to the lender or investor.</em>

The proportion of the amount borrowed which is paid as interest is called coupon. The interest payment is computed as the the coupon rate in percentage multiplied by the amount borrowed.

Interest payment = Coupon rate (%) × Nominal Value

 Annual interest payment    = 7%  × 1,850,000 =$129,500

Semi-annual interest payment = Annual interest payment/2

Semi-annual interest payment =129,500 /2 =64,750 .

Interest per six months =$64,750 .

Note we had to divide by 2 because they are two six months in a year.

6 0
3 years ago
________ is the task of developing and maintaining an overall company strategy for long-run survival and growth. short-term plan
mr Goodwill [35]
Strategic planning is the task of developing and maintaining an overall company strategy for long-run survival and growth. 

In business, strategic planning is a vital step to succeed long-term. The steps involved in strategic planning define the companies overall goal/mission, direction for the company and how they are going to get there. 
8 0
3 years ago
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