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WITCHER [35]
3 years ago
15

12. One of the benefits of developing a business plan for a new start-up is:

Business
1 answer:
wlad13 [49]3 years ago
5 0

Answer:

it assists in organising the resources needed for the new business​

Explanation:

A business plan details the mission and objectives of an entity. It explains the nature of business the entity will engage in, the target market, the resources it requires, and the projected revenues and expenses.

A business plan is useful when soliciting resources. Although a business plan does not guarantee a hundred percent financing, It shows how much resources will be required and how they shall be used. This helps the founders to know what is required at what stage and make the necessary arrangements.

You might be interested in
How does government pay for
Tanzania [10]

Answer:

the answer is "D" Although "A" seems to be the favored method

7 0
3 years ago
Which of the following is associated with macroeconomics? A. an examination of the incomes of Harvard Business School graduates
gavmur [86]

Answer: Option B

Explanation: The branch of economics that studies the economy as a whole is called macroeconomics. Macroeconomics tries to understand and inter- relate the factors that affect the whole economy and not just a particular sector or community.

The area of concern in macroeconomics are inflation or deflation rate, interest rate, unemployment etc.

Thus, from the above we can conclude that the unemployment and general price level since 1990 is related to macroeconomics.

7 0
4 years ago
The increased use of the Internet presents a lot of potential for which types of businesses?
Sergeeva-Olga [200]

Answer:

Local businesses, SME's and International businesses

Explanation:

The era of the internet has provided the work to integrate and create more opportunities for the business to grow and improve. More importantly, the internet has created a pathway for small businesses, local businesses, and small businesses to grow and expand globally. The internet has also helped businesses to set up their operations globally and locally to attract more markets and consumers.

8 0
3 years ago
Refer to the data for a private closed economy. If gross investment is $12 billion, the equilibrium level of GDP will be:
mezya [45]

Answer: $360 billion

Explanation:

In a private closed economy, there will be two components missing which are Government spending and Net exports.

There will be no Government spending because the economy is private and there will be no net exports because the economy is closed.

GDP will therefore be:

= Consumption + Investment

If Investment is $12 billion then the equilibrium level of GDP will be the GDP which when Consumption is deducted, the investment amount of $12 billion will be the result.

That GDP level is $360 billion.

When the consumption amount of $348 billion is subtracted from the GDP, you get $12 billion for investment.

4 0
3 years ago
This is what i get for missing online lessons haha
Bas_tet [7]

Answer:

22.28%

Explanation:

As per the pie chart

Variable costs:  £2,150.00

Fixed costs £7,500.00

Total weekly costs = variable costs + fixed costs

= £2,150.00 +£7,500.00

=£9,650

Variable costs as a percentage of weekly costs

= £2,150/£9,650 x 100

=22.279792%

=22.28%

6 0
3 years ago
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