Answer:
Time consuming.
Explanation:
More and more people dream of having their own business not only to dedicate themselves to doing something they like, but also to have more freedom with their time and money.
However, despite the increase in the number of people with this entrepreneurial spirit, not all of them have a deep knowledge of what it means to undertake and are not well aware of the advantages, disadvantages, how to start a business and what kind of profitable businesses can be developed. In addition, many people do not know that setting up their own business is difficult, laborious and time consuming and requires a lot of patience, perseverance and dedication.
Answer: In the second statement
Explanation: Supply and demand are two market forces which determines the price of a commodity. In simple words, the amount of commodity that the consumers are willing to buy at a given price is called demand and the producer are willing to sell is called supply. The situation in which the two are equal is called equilibrium.
If the demand for a product is higher than its supply then its price will increase and vice versa.
Thus, from the above we can conclude that the second statement is correct.
Answer: A company can only record a liability when it knows whom to pay, when to pay, and how much to pay
Explanation:
A liability is simply defined as the amount that a particular company owes. Liabilities consist of loans, accrued expenses, defered revenue, and accounts payable.
We should note that liabilities can involve uncertainty in whom to pay. Also, a company can have an obligation of a known amount to a known creditor, but not know when it must be paid.
Based on the options given in the question, the answer will be "a company can only record a liability when it knows whom to pay, when to pay, and how much to pay".
Answer:
The answer is: Substitution bias
Explanation:
In plain simple words, substitution bias refers to the fact that the CPI considers that customers have to buy the same item and in the same quantity each month. That is something rarely happens in "normal" life. The CPI uses a fixed basket of products, that someone for some reason determined was the most representative basket of products a family buys every month. But what happens if consumers decide to not follow this given basket of goods or decides to substitute some of its products for others (instead of Coke I might decide to buy Pepsi because it offers me a 15% discount).
the real value of marketing research to the organization can best be measured by improvements in the ability to make decisions.
" Marketing research is the methodical and objective hunt for, and analysis of, information applicable to the identification and arrangement of any issue in the field of marketing."
The catchphrases in this description are; methodical , thing and analysis. Marketing research looks to set about its task in a methodical and objective fashion. This means that a detailed and precisely planned exploration plan is created in which each stage of the exploration is determined. Such a exploration plan is conceivably viewed as acceptable on the off chance that it determines the exploration issue in compact and exact terms, the information necessary to address the issue, the strategies to be employed in gathering the information and the logical procedures to be employed to decrypt it.
Maintaining neutrality in marketing research is essential assuming marketing operation is to have acceptable trust in its issues to be prepared to take dangerous choices grounded upon those issues. To this end, as far as conceivable, marketing experimenters use the logical fashion. The characteristics of the logical fashion are that it translates particular impulses, studies and conclusions into unambiguous suggestions( or enterprises). These are tried empirically. At the same time indispensable explanations of the event or marvels of interest are given equal consideration.
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