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Len [333]
3 years ago
11

The act of starting and creating a business on one's own is called?​

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

Answer:

The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

lilavasa [31]3 years ago
3 0

Answer:

Entrepreneurship is the act of starting or creating a business or businesses whilebuilding and scaling it to generate a profile.

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Among salespeople, ________ often represent products that have few options, such as magazine subscriptions and highly standardiz
disa [49]

Among salespeople,  order takers often represent products that have few options, such as magazine subscriptions and highly standardized industrial products.

<h3><u>Explanation:</u></h3>

A sales person who only aims in getting new orders and will not take any actions regarding finding new customers or increasing the existing order frequency. He will not aim in the increasing of the sales that already exists. He aims only in money making process.  

In the examples given, subscriptions of magazine and highly standardized industrial products are given. When considering these examples, the order takers will only take steps in getting new orders with a few options at their hands.  

4 0
3 years ago
If buyers’ incomes increase, the demand curve will shift to the _____ and the prices will _____.
taurus [48]

Answer:

Demand curve will shift to the right, the prices will increase.

Explanation:

An increase in the income of the consumer of will cause the demand curve of the consumer to shift to the right. This rightward shift in the demand curve will cause the demand curve to intersect the supply curve at a higher point.  

As a result, the equilibrium price level and the equilibrium quantity will increase. A decline in the income, on the other hand, will cause both quantity and price to decline because of a leftward shift in the demand curve.

8 0
3 years ago
You are creating a budget for your new buissness what should you include
slavikrds [6]

There are a lot of things that need to be included in a budget, but the two basics are income and liabilities. The reason for a budget is to ensure that you have enough money coming in to pay all your liabilities (aka bills) and have enough to reinvest into your business. You will need to include all your expected income for the budget period and all expenditures such as rent, utilities, payroll, taxes, etc.

Once you have established your budget, it is important for you as a business owner to stick to it.

6 0
3 years ago
On November 1, 2019, a firm accepted a 5-month, 10 percent note for $1,080 from a customer with an overdue balance. The accrued
stiks02 [169]

Answer: $18

Explanation:

From the question, we are informed that On November 1, 2019, a firm accepted a 5-month, 10 percent note for $1,080 from a customer with an overdue balance.

The accrued interest recorded for this note for the year ended December 31, 2019 goes thus:

The value of notes receivable is $1080, then the interest for 5 months will be:

= ($1080 × 10% ×5)/100 × 12

= $54000/1200

= $45

We are further told that the interest accrued from November 1, 2019 to December 31, 2019. This means that it was for 2 months. The accrued interest will now be:

= $45 × 2/5

= $90/5

= $18

3 0
3 years ago
A corporation purchases 10,000 shares of its own $10 par common stock for $35 per share, recording it at cost. What will be the
gregori [183]

Answer:

Decrease, $350000.

Explanation:

Given: Corporation purchases 10000 shares for $35 per share.

Now, calculating cost of common stock.

Cost of common stock purchased = 10000\times 35= \$ 350000

∴ Cost of common stock purchased= $350000

∴ If there is increase in expense and dividend payout to common and preferred shareholder, it lead to decrease in stockholders´ equity.

3 0
3 years ago
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