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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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If markets are in equilibrium, which of the following conditions will exist? A. Each stock's expected return should equal its re
xxMikexx [17]

Answer:

<u>A</u>

<u>Explanation</u>:

Remember, in economics the term equilibrium implies that this terms

  • price and,
  • quantity demanded

<u>are all equal or in a state of stability.</u>

Therefore, the stock in such an equilibrium market would yield it expected returns since there are no external factors such as increase in price that could affect the value.

8 0
3 years ago
Should a firm shut down if its weekly revenue is ​$1 comma 000​, its variable cost is ​$600​, and its fixed cost is ​$800​, of w
kifflom [539]

Answer: The correct answer is "C. produce because revenue of ​$1 comma 000 is greater than fixed costs.".

Explanation: The firm should produce because the revenue of 1000 is enough to cover the fixed costs and part of the variables (1000 - 800 - 600 = (-400)) so that the loss is less than if it stopped producing despite the avoidable costs (800 - 350 = 450) since if it stopped producing it would have a loss of $ 450 and producing it would have a loss of $ 400.

7 0
3 years ago
Identify strategies to promote the development of the human resources field in business
Naya [18.7K]

Answer:

  1. Develop a thorough understanding of your company’s objectives
  2. Evaluate your HR capability
  3. Analyze your current HR capacity in light of your goals
  4. Estimate your company’s future HR requirements
  5. Determine the tools required for employees to complete the job
  6. Implement the human resource management strategy
  7. Evaluation and corrective action

3 0
3 years ago
Suppose that you prefer reading a book you already own to watching tv and that you prefer watching tv to listening to music. if
WINSTONCH [101]
<span>The opportunity cost of reading is watching TV.
</span>
Opportunity cost alludes to an advantage that a person could have gotten, yet offered up, to make another course of move. Expressed in an unexpected way, an opportunity cost that shows an alternative given up when a choice is made. This cost is, accordingly, most significant for two totally unrelated occasions.
8 0
3 years ago
Pinnacle Financial Services managers meet annually to create a list of potential future complications and plan how to respond to
Virty [35]

Answer: contingency

Explanation:

Contingency planning is a form of planning that is used by an organization in order to plan ahead in case an event occurs. Contingency plans can also be called a 'Plan B' due to the fact that it's an alternative action in case things does not go as planned.

Therefore, based on the question, Pinnacle is practicing contingency planning.

7 0
3 years ago
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