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3 years ago

What are the two most important things that you must have in order to become an entrepreneur?

Business

1 answer:

Anna35 [415]3 years ago

8 0

Answer:

C. A business idea and passion

Explanation:

Entrepreneurship is a new business. An entrepreneur takes the risk of starting a new business and oversees its success.

Entrepreneurship starts with the formation of a business idea. The entrepreneur conceives an idea and decides to transform it into a business. They invest their time and resources working on the idea until it becomes a successful business. The entrepreneur must be passionate about their vision because creating a new business can be challenging. With passion, the entrepreneur will source for other requirements such as capital and labor.

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What does haute couture refer to?

strojnjashka [21]

Answer: Literally translated, haute couture means "high sewing", but refers to the level of the industry in which clothing is made of the best quality and sold the highest prices on a custom-order basis.

Explanation:

Haute couture are high quality clothing brands, where the sewing is done by hand for most parts of the clothing and high attention is paid to details. The haute couture clothing brands are of high quality and high priced made by experienced tailors.

3 0

3 years ago

Which is an example of an expense control strategy?

lana66690 [7]

Answer:

Explanation:

Unfortunately cutting or reducing production, or reengineering at all.

3 0

4 years ago

All else constant how would an increase in annual depreciation affect a project's operating cash flow?

MatroZZZ [7]

Answer:

The answer is 'will increase the project's operating cash flow.

Explanation:

The project's operating cashflow has a direct or positive relationship with the annual depreciation expenses. This means the increase in annual depreciation will increase the project operating cash flow and likewise a decrease in annual depreciation will decrease the project's operating cash flow.

Depreciation is the result of wear/tear on the machine.

6 0

3 years ago

Jones and Smith live in the same apartment building. Jones loves to play his opera recordings so loudly that Smith can hear them

vovikov84 [41]

Answer:

The correct answer is letter "A": Should be.

Explanation:

From the efficiency perspective, we shall consider the relationship between the benefits and the costs. If we subtract the cost from the benefits and the result is positive, we could say that it is convenient to continue with the activities of the operations being carried out.

In that case, Jones's benefits are (100) but his cost is Smith's damages (60). Then:

100 - 60 = (+)40;

which implies Jones <em>should be</em> allowed to play his opera music.

6 0

3 years ago

You have just made your first $5,900 contribution to your retirement account. Assume you earn a return of 11 percent per year an

postnew [5]

Answer:

A. The future value of $5,900 invested over 36 years will be $252,626.70

B. The Present Value of $5,900 un-invested until after 10 years, would have depleted the Value to $2,077.89

Then investing this $2,077.89 for the next 26 years will take the Future Value of our investment to $31,334.285

Explanation:

A. Using Future Value computation which states that

FV = Present Value x (1 + interest) ^no of years

Based on Question

FV = $5,900 x (1 + 11%)^36 years

= $252,626.70

B. If the contribution is delayed by 10 years,

The formula remains the same only that the variables would have changed.

n = 26 years

PV = $5,900 discounted with the interest rate as at Year 10.

= 5,900 x (1 + 11%)^-10

= $2,077.889

For not investing the $5,900 now, the value would have depleted to $2,077 by the 10th year

Now let's include this information in the Future Values computation

= $2077.889 x (1 + 11%)^26

= $31,334.285

4 0

4 years ago