Answer: True
Explanation: Entrepreneurship is the ability to create and run a business venture with the aim of generating a profit. This comes in the form of starting new businesses. It takes into account planning, organising, managing an assembling the 4 factors of production, and using these factors to create a product or service that customers can buy, in exchange for money. The four factors of production are: land, labour, natural resources and capital. It is important to note that although entrepreneurs aim to make a profit, they can also bear risks that can affect their business ventures and thus the profit that they make.
Answer: SHE IS A GLOBAL BUSINESS SAVVY
Explanation: Anna preston has adequate and knowledge driven understanding of local and international business environment which has can help to enhance the organisational growth and excellent performance.
Answer:
The answer would be affirmative
Explanation:
The strategic vision of a company must always include values, mission, vision and these must undoubtedly go in the same direction to achieve the goals. It can have changes or adjustments but always be synchronized with the ideals of the entrepreneur.
Answer:
NPV = 3,404.41
Explanation:
We will calculate the net present value doing:
<em>NPV = present value of the cash flow - investment</em>
Investment = 34,000
Now we need to discount each cash flow at the given rate.
<u>For that,</u> we will treat the cash flow as an annuity of 11,800 for 4 year at 10% rate:
C 11800
time 4
rate 0.1
PV $37,404.41
<em>NPV = present value of the cash flow - investment</em>
<em>NPV = 37,404.41 - 34,000 = 3,404.41</em>
Answer:
D. Both A and B
That is bill of sale and financial statements.
Explanation:
Bill of sale is a document that is used to transfer ownership of goods and services to another person.
Financial statement shows activity and a business's financial position at a given point in time.
When selling the business to Simon, Lois will provide him the financial statements and bill of sale.
