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Rama09 [41]
3 years ago
7

Potential founders assess their additional skills and they tailor their business to their

Business
1 answer:
snow_lady [41]3 years ago
4 0

Answer:

Unique skills and personality

Explanation:

Every potential founder or entrepreneur have skills and personality unique to them. However, as a founder, one would hardly rely on combination of skills but a unique skill that will make him concentrate and make his business efficient.

Businesses need different skills to grow hence requires business founders to have a unique skill and personality and tailor them to the business. As a business continues to grow, it will get to a point where not just having skills will be enough but the unique and relevant skill that will help to create a more efficient and capable business .

Also as a business founder, one would likely perform different roles as at when required. However, one would discover that he is better on some roles compare to other roles due to having this unique skills and personality hence performs optimally.

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Jax Company uses the acquisition method for accounting for its investment in Saxton Company. Jax sells some of its shares to Sax
Elena-2011 [213]

Answer:

A

Explanation:

In this question, we are to evaluate the validity of the options. We were told he used the acquisition method. When do we use the acquisition method?

The acquisition method is used when a company is taken in by another company by using a merger, acquisition or through a consolidation.

Now, out of all the options presented, we can see that the selling price less the acquisition value is recorded as a realized gain or loss.

3 0
3 years ago
Read 2 more answers
Doug is the vice president of product development for a corporation that makes flavored honey. Doug proposes to the board that t
yuradex [85]

Answer:

The board most likely will not be held responsible.

Explanation:

The board of directors can legally defend themselves based on the Business Judgement Rule. This rule in contained in the <u>Corporations Act of 2001 - Section 180.</u> It states that any decision made in regards to the business operations should be:

  • In good faith and not based on personal gain
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For this particular case, the board based their decision on <em>previous market research</em> that received positive feedback.

6 0
2 years ago
Over the course of 40 years, sal grew his company to six package shipping stores. with his retirement approaching and the increa
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Based on the given scenario above, what Sal's reduction of effort represents DEFENSIVE STRATEGY. Defensive strategies are techniques that are utilized in order to combat an attack for possible competitors. In Sal's situation, since she is approaching retirement, her back up plan to decrease the possibility of having problems in the business is to reduce the number of locations.
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3 years ago
As a contemporary manager, your employees will perceive that their opinions are more valued if:
sergij07 [2.7K]

The answer is this: employees would feel that their opinions matter if open communication is established between the manager and the employee by removing barriers to communication.

An example to this would be having brainstorming meetings where employees are free to give their ideas. Another option would be by eliminating the need to call the manager using suffixes such as Mr. or Dr.

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3 years ago
A cost-benefit analysis is a valuable tool in economic decision making
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Answer:

C. Helps balance the positive and negative consequences of a decision.

Explanation:

5 0
2 years ago
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