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Korvikt [17]
3 years ago
15

State 3 reasons why the Lean Canvas model is can be advantageous for entrepreneurs.

Business
1 answer:
ch4aika [34]3 years ago
8 0

Answer:

The 3 reasons the Lean Canvas model is can be advantageous for entrepreneurs is described below in detail.

Explanation:

Lean Canvas is a preparation process that supports you to get to the center of your approach. It puts everyone on one sheet, supporting you to set out the essential information that you require, without any of the extraneous items.  It substitutes elaborate business strategies with a single-page business design.

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Suppose that the federal reserve decides to decrease the money supply with a $300 sale of treasury bills. Complete the tables th
ANEK [815]

The monetary base is a liability, whereas Treasury notes are assets.

tables that represent the financial position of the federal reserve and commercial banks after this open-market operation:

A $ 300, B $ 300, C $ -300, D $ 300

a negative sign use for reduced values.

<h3>What do we mean by asset?</h3>

A resource having economic worth that a person, business, or nation owns or manages with the hope that it will someday be useful is referred to as an asset. A company's balance sheet lists assets. They are acquired or produced to raise a company's value or improve the operations of the company. Physical commodities like equipment, real estate, raw materials, and inventories are considered assets. Intangible objects like patents, royalties, and other forms of intellectual property are also considered assets.

To know more about asset visit:

brainly.com/question/13848560

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3 0
1 year ago
A. Jose's opportunity cost of producing and consuming one more orange is 2 melons. b. Alex's opportunity cost of producing and c
N76 [4]

Answer:

Since the question is incomplete, we could infer that you like to know how to calculate opportunity cost.

Explanation:

Opportunity cost is the value of the next best alternative or option.

Opportunity Cost= FO−CO

where:

FO=Return on best foregone option

CO=Return on chosen option

Let's take for example, Jose expected return on investment in producing one orange is 20 percent over the next year, and also expects the return of investment for melon to be 18 percent over the same period.

His opportunity cost of choosing the melon over the orange using the formula FO−CO = (20% - 18%), which equals two percentage points.

8 0
3 years ago
If you borrow money from a lending institution and agree to pay back the original amount plus the accrued interest, what does it
drek231 [11]

Answer:

Option A.

Explanation:

Bank credit refers to the total amount of credit which is available to an individual or a business from a banking institution. It is the total amount of combined funds which financial institutions can provide to an individual or business.

A business or an individual's credit approval will depend on the following:

- borrower's credit rating,

- income,

- collateral,

- assets,

- pre-existing debt,

- total amount of credit available in the banking institution, etc.

3 0
3 years ago
In Year 2, the Denim Company bought an acre of land that cost $15,600. In Year 5, another company purchased a nearby acre of lan
Hatshy [7]

Answer:

The acre of land that it owns should be reported at $15,600

Explanation:

At the time of recording of the fixed assets, the fixed assets should be recorded at purchase cost or historical price

Since in the question, the land was purchased at $15,600 and various other land is also purchased in year 5. Moreover, the value of the land would also be increased to $27,600

But at the time of recording, the balance sheet would show at the purchase price i.e $15,600

3 0
3 years ago
True or False: In the long run, a country's production of goods and services and the standard of living of its citizens are inde
Olenka [21]

"In the long run, a country's production of goods and services and the standard of living of its citizens are independent of each other because countries have the opportunity to import goods and services" is FALSE.

<u>Option: B</u>

<u>Explanation:</u>

A nation's manufacturing of goods and services and the standard of living of its citizens is related by economist as the increase in GDP gives logically idea of standard of living of people in many cases but may vary practically with some exceptions. Thus these two factors will remain dependent either in short or in long run.

This is because if more goods have been produced by people more profit under law and order they earn which helps in increasing their standard of living while some exception may exist too like employees or workers with low salary and more work cannot allow them to increase their living standard, thus with production of goods and services the salary structure is also needed to be maintained to correlate these factors.

4 0
3 years ago
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