Answer: VARIABLE-RATE OR “PAY-AS-YOU-THROW”
Explanation:
Answer:
c) Rick has an external locus of control.
Explanation:
What can challenge Rick in his quest to become a successful entrepreneur is that he has an external locus of control, which occurs when an individual relates events related to their failures or successes to external variables that are not their responsibility, such as fate, luck or bad luck.
The external locus of control can pose a challenge for Rick in the sense that an entrepreneur's success is related to his own personal control and personal efforts to make the business viable and successful in the market. It is necessary for the entrepreneur to understand that there are risks inherent to the business and that a business can work according to their efforts, learning and planning, that is, the entrepreneur and their control and management actions will be responsible for the success or failure of the business, and not just external factors like fate or bad luck.
Answer: c. Requirements analysis
Explanation:
Requirements analysis deals with tasks that determine conditions to meet during a new project taking into consideration requirements that would be conflicting. This analysis is vital to the success or failure of the system. Mike carries out a requirement analysis by checking all the items that would determine the success of the project which if neglected would read to project failure.
The contribution margin approach helps managers in short-tern decision making because it reports costs and revenues at their current value.
The contribution margin ratio/approach allows companies to determine their profits they can make from a product minus variable costs.
Kosi will be counted as an unemployed because even though he is willing and able to work, he was out of employment due to a reason beyond his control.
