The difference between an inventor and an entrepreneur is that, an inventor develops new services and goods but he does not have them to the market. An entrepreneur risks resources may it be human, capital or natural in order to bring to the market improved and new products.
The risk which is incurred between entrepreneur and inventor is that, entrepreneur undergoes huge financial risks because a lot of money is being invested while inventor has low financial risk since there is no big investment which is being required.
Answer:
maybe he earned 5000 more
Explanation:
5000+5000=10000
Answer:
The answer is Late-mover disadvantages
Explanation:
A late mover is a company that enters a business some time after the business pioneers and early followers.
From the question above, Galaxy Ventures is a late mover in the low-cost housing business. They were at a huge disadvantage, and this includes:
- First of all, lack of customer loyalty and substantial dividends (from the question).
- The pioneers and early followers can set the business standards which may be difficult for a late mover to follow.
- The pioneer can easily create entry barriers that a late-mover might find difficult to break.
Answer:
Product warrant liability to be reported as on 31.12.2021* is $3.124
<em>*The procedures are attached in a microsof excel document. </em>
Explanation:
This amount will be recognized as a liability only if product warranty amount can be rmeasured reliabily and there is probability that there will be an outflow of funds.
Answer:
Receivers
Explanation:
An effective communication involves sending a message and the message being received and understood by the receivers. Simply put, communication is the exchange of message between a sender and receiver.
In the above wuestion, the individuals who are the target of the advertising are receivers as those receivers are the ones that can make sense of the advertisement and thus measn the message being passed across is understood.
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