ANSWER: There are many ways how entrepreneurs benefit the economy. Few of them are
1) Create Jobs: Entrepreneurs create jobs in the community. When someone opens a new business or expands his new business, he will need human resource to help him to do his works.
2) Wealth Creation: Entrepreneurs pool in their own money and attract investment from lenders, banks and other investors. This mobilizes public wealth.
3) Exports: Entrepreneurs after growing in their businesses will want to export their products as a part of extending their market. This will help gain foreign currency in the country.
Answer:
$173
Explanation:
The computation of the salvage value at the end of year 5 is given below:
Cost of the asset $1,200
Multiply with the depreciation rate 5.76%
Book value at the 5 year end = $69
Resale value $200
gain on sales $131
Multiply with the Capital gain 21%
tax on gain $27
After tax gain on salvage value $173 ($200 - $27)
Answer:
Time of consumption.
Explanation:
When evaluating the most effective communication method for a message, a manager wants to use a method that affords the receiver the most control over when the message is dealt with. This is referred to as <u>time of consumption.</u>
Time of consumption is referred to the time of receiving the message. As per the case given, manager is looking for communication method which is effective as in receiver should have most control on the message, when it is received or dealt with. When message is received, it should be ligible, ease of replying, trackable, short and should be relevant, which make it most effective communication.
Answer:
The correct answer is option d.
Explanation:
A price ceiling is binding when it is fixed below the equilibrium price. In this case, the quantity demanded is greater than quantity supplied. This creates a shortage in the market.
If the government removes a binding price ceiling from a market, then the price will increase. At a higher price, the producers will supply more, while the quantity demanded will decrease. The overall quantity sold in the market will increase.
<u>Licensing offers the lowest level of control for the domestic corporation</u> because the licensee is typically an independent entity that is not under the direct control of the licensor.
<h3>Licensing as an Entry Strategy into International Operations</h3>
- <u>The form of entry strategy into international operations that offers the lowest level of control for the domestic corporation would be:</u> Licensing.
<u>The </u><u>licensor</u> may have some influence over the licensee's operations, but this influence is typically limited to matters such as quality control and adherence to the terms of the license agreement.
The main advantage of licensing as an <u>entry strategy</u> is that it requires relatively little investment on the part of the licensor. The licensor typically only needs to provide the licensee with the necessary technology or <u>know-how</u>, and does not need to establish a new physical presence in the foreign market. This can be a <em>significant advantage</em> for companies that are seeking to enter foreign markets quickly and with limited resources.
Learn more about Licensing: brainly.com/question/18611420
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