1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
myrzilka [38]
3 years ago
15

Entrepreneurs develop new goods and services to start a business. Why is entrepreneurship often difficult?

History
2 answers:
nydimaria [60]3 years ago
7 0

Answer:

The answer is A

Explanation:

There is a risk that the new business may fail, which makes entrepreneurship very difficult (and risky).

cluponka [151]3 years ago
4 0

The correct answer is A.

Starting a new business, as any investment project, entails a certain level of risk. Even tough an entrepeneur is able to develop a product that he believes would be attractive for consumers, there are many aspects that should be examined before deciding to start a business: market environment (number of competitors, elasticity of the demand, profits obtained in the industry), or inner factors (type of technology needed, how to produce efficiently, human resources policies, etc).

Even tough many things can be studied and plans and strategies need to be defined, there are factors which are unpredictable and can lead a firm to bankruptcy: a global economic crisis starts, there is a rise in input prices, there is a sharp decline of the demand on the product, etc. <u>This uncertainty (risk) makes entrepeneurship highly volatile, very large profits can be earned but also heavy losses can be incurred. </u>

You might be interested in
Explain and elaborate on TWO ways in which life in the Soviet Union was improved under Gorbachev, from how life had been under S
Free_Kalibri [48]

Gorbachev's reforms are ultimately responsible for the Soviet collapse, which saw the end of Soviet superpower status, a massive reduction in the Soviet military's size and strength, the unilateral evacuation of all territories in Central and Eastern Europe occupied at great human cost in the Second World War, and a rapidly declining economy fragmented into fifteen separate states. Much of the argument that the Soviet political system and economy needed reform needed change to avoid collapse came directly from him - the phrase "Era of Stagnation" to describe the Brezhnev years is actually a piece of Gorbachev's rhetoric. However there seems to be a strong case (made by Stephen Kotkin in Armageddon Averted), that while the Soviet economy was growing at ever slower rates, and increasingly unable to close the ever-present gap in living standards between the USSR and the West, probably could have continued to muddle on - there was no imminent danger of political and economic collapse in 1985. It's also important to note that Gorbachev's reforms did not cause the collapse of the USSR on purpose, and Gorbachev was always committed to maintaining the union in some reformed shape under an economic system that was still socialist. However, his reforms both began to pick apart the centralized economy without really creating new institutions, which caused severe economic disruptions, and his political reforms unleashed new political movements outside his control, while all of these reforms antagonized more hardline members of the nomenklatura (party establishment). Ultimately he lost control of the situation. The Soviet system was highly-centralized and governed in a top-down approach, and it was Gorbachev who put reforms into motion and also removed members of the Soviet government and Communist party who opposed reforms. Gorbachev's period tends to get divided into roughly three periods: a period of reform, a period of transformation, and a period of collapse. The period of reform lasted roughly from 1985 to 1988, in which Gorbachev and his supporters in the government (notably Eduard Shevardnadze, Gorbachev's foreign minister and the future President of Georgi, and Aleksandr Yakovlev, Gorbachev's ally on the Politburo and the intellectual driver of reforms) tried a mixture of moderate reforms and moral suasion to revitalize the Soviet economy as it was, echoing Khrushchev's reforms of 20 years previous. While the goal was a revitalization of Soviet society and the economy, there was a very strong focus on morality: this period notably featured the anti-alcoholism/prohibition campaign, and very public campaigns against corruption (Dmitry Furman called this a "sort of Marxist Protestantism"). When these efforts did not secure the results that Gorbachev and his reformers desired, more far-reaching reforms were pursued in the 1988-1990 period. This is when Gorbachev made massive changes to Soviet foreign policy, such as withdrawing from Afghanistan in 1989, announcing unilateral cuts to military spending and forces at the UN in 1988, and more or less cutting the USSR's Eastern European satellite states in 1989. On the domestic sphere, this is when Gorbachev pushed through major political changes to the Soviet system, pushing through a new Congress of People's Deputies to be filled through semi-free elections, removing the Communist Party's monopoly of power and creating the office of President of the USSR for himself in 1990. This is also the period when glasnost ("openness", ie the lifting of censorship) took off, and these all were largely attempts to establish a new base of support for continued reforms once it became clear to Gorbachev that most of the Communist Party was uninterested in this. These reforms ushered in the 1990-1991 chaos, at which point Gorbachev essentially lost control. Falling oil prices and the crackdown on alcohol sales (which were a massive part of the Soviet budget), plus Gorbachev's loosening of management and sales restrictions on state firms while maintaining most of their subsidies, plus plans for importing of new Western machine tools and technology to revitalize the economy, seriously destabilized the Soviet budget, and caused the government to turn to the printing presses to cover ever increasing deficits.

6 0
2 years ago
Three kinds of people who study history are .
dlinn [17]

Answer:

archeologists, historians, and geographers.

Explanation:

hope this is Helpful!

3 0
1 year ago
Read 2 more answers
What were some of the things about French society that Voltaire criticized
Elza [17]
<span>they were criticized by there unjust legal system,press censorship,and the power and intolerance of the catholic church.</span>
7 0
3 years ago
In 1825 which transformation was changing the economy of the united states?​
snow_tiger [21]

1825: Turnpikes, canals, and rail lines drastically changed America's landscape, beginning in the 1800s. Following the War of 1812, the American economy was altered from an economy partly dependent on imports from Europe to an empire of internal commerce.

7 0
3 years ago
Los estilos artísticos de la edad moderna son el gótico y el barroco
Taya2010 [7]

Answer:

El arte gótico fue un estilo de arte medieval que se desarrolló en el norte de Francia a partir del arte románico en el siglo XII d.C., liderado por el desarrollo simultáneo de la arquitectura gótica. Se extendió por toda Europa occidental y gran parte del norte, sur y centro de Europa, sin borrar nunca los estilos más clásicos de Italia. A finales del siglo XIV, se desarrolló el sofisticado estilo cortesano del gótico internacional, que continuó evolucionando hasta finales del siglo XV. En muchas áreas, especialmente en Alemania, el arte gótico tardío continuó hasta bien entrado el siglo XVI, antes de ser subsumido en el arte renacentista. Los medios primarios en el período gótico incluyeron la escultura, la pintura sobre tabla, las vidrieras, los frescos y los manuscritos iluminados. Los cambios fácilmente reconocibles en la arquitectura del románico al gótico, y del gótico al renacimiento, se utilizan típicamente para definir los períodos en el arte en todos los medios, aunque en muchos sentidos el arte figurativo se desarrolló a un ritmo diferente.

Explanation:

7 0
3 years ago
Other questions:
  • What two teams played in the 1979 world series?
    10·1 answer
  • How did mussolini use the fear of communism to rise in power
    11·1 answer
  • Henry Ford made many important contributions to the auto industry. Which of the following was not one of his innovations?
    13·2 answers
  • Shia islams and sunni islams are Alike in that they​
    15·2 answers
  • How did the U.S solve the problem of lack of military force?
    12·1 answer
  • Who is Martin Luther King Jr?
    11·2 answers
  • The Meiji Restoration in Japan a. concentrated on the reestablishment of feudal principles of decentralized government and nativ
    12·1 answer
  • What is the answer to this question What is calligraphy?
    8·2 answers
  • What was the long-term impact of the Marshall plan
    9·1 answer
  • Hich of the following individuals made the decision to use nuclear weapons to defeat Japan?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!