All categories

2 years ago

Out line four roles played by entrepreneurs in Kenya

Business

1 answer:

xz_007 [3.2K]2 years ago

5 0

Answer:

To be a successful entrepreneur it is necessary for the individual to develop essential communication skills, creativity, innovation and the ability to deal with the risks inherent in the business.

A well-positioned and competitive business is one that manages to create value for consumers by offering products and services that satisfy their wants and needs.

In Kenya, entrepreneurship has stood out as a means for citizens to seek employment and income opportunities, especially in opening up trade in products and services.

Entrepreneurship helps a country to develop by moving the economy and improving the population's quality of life, so it is necessary to have government incentives and information available on the subject.

You might be interested in

Board Company has a foreign subsidiary that began operations at the start of 2017 with assets of 134,000 kites (the local curren

Mama L [17]

Answer: Please refer to Explanation

Explanation:

1 October 2017

No entry required as contract not yet exercised

31st December 2017

DR Forward Contract (220,000*(0.67-0.66)) $2,200

CR Translation Adjustment $2,200

(To record change in value of forward contract )

31st December 2017

DR Foreign Currency (Kites) (220,000*0.66) $145,200

CR Cash $145,200

(To record purchase of foreign currency)

31st December 2017

DR Cash ( 145,200 + 2,200) $147,400

CR Foreign Currency (Kites) $145,200

CR Forward Contract $2,200

(To record delivery of foreign currency and forward contract execution)

3 0

3 years ago

Individuals who are given hard or challenging goals perform better than those given easy goals - true or false

muminat

False.....................

6 0

2 years ago

Read 2 more answers

You purchased two WXO 30 call option contracts at a quoted price of $.35. What is your net gain or loss on this investment if th

tekilochka [14]

Answer: $670

Explanation:

Since the quoted price of $.35, the cost to purchase two WXO 30 call option will be: = $0.35 × 2 = $0.70

Then, the price of RADM 30 call option contract will be calculated as;

= $33.7 - $30

= $3.70

The net gain on one RADM 30 call option will then be:

= $3.70 - $0.35

= $3.35.

Therefore, the net gain on 2 RADM30 call options will be:

= $3.35 × 2

= $6.70

Since there are 100 shares in a option contract, the gain will be:

= $6.70 × 100

= $670

3 0

2 years ago

Alternative A would involve substantial fixed but relatively low variable costs: fixed costs would be $250,000 per year, and var

stepladder [879]

Answer:

From zero to 33 boats option B would be best

Explanation:

Assuming the first alternative (A)is 250,000 fixed and 500 per boat

second (B) 2,500 cost per boat

and third (C) 50,000 fixed and 1,000 cost per boat

We want' to know at which level B would be the best option

we want to know when alternative C or A have a cost of 2,500 or lower:

$500 + \frac{250,000}{Q} = 2,500$

$\frac{250,000}{2,500 - 500} = Q$

Q = 125

From this point, as fixed cost will be distribute among more units, the cost will decrease meaking C better than B

$1,000 + \frac{50,000}{Q} = 2,500$

$\frac{50,000}{2,500 - 1,000} = Q$

Q = 33.33

From this point, as fixed cost will be distribute among more units, the cost will decrease meaking A better than B

From zero to 33 boats option B would be the best of the three options

6 0

3 years ago

Which of the following refers to the percentage of an individual customer's purchase of a product over time within a single br

Sergio [31]

Answer:

c. Share of customer

Explanation:

Share of customer is the percentage which a company gets from the customer when he/she continually purchase the products. it helps in retaining customer which helps in customer relationship management and can help marketers increase the percentage which they get from the customer.

5 0

3 years ago

Out line four roles played by entrepreneurs in Kenya​

Out line four roles played by entrepreneurs in Kenya