All categories

4 years ago

Why do entrepreneurs try to start businesses or develop new products? Are they more likely to succeed or fail?

Business

2 answers:

love history [14]4 years ago

8 0

Explanation:

Entrepreneurs are the people who start their own business. They are the sole authority in the business. They are the ones, liable for all the losses and profits of the business. Entrepreneurs start their business with high motivation levels and innovative product. They usually come up in the market with a product which is so unique that it catches up the attention of a lot of people. They are skilled enough to start their business on their own. They enter the market to make a breakthrough, and most of the times Entrepreneurs succeed. This is because they are highly motivated, they are skilled, they have high decision making power, and above all, they have something innovative to be launched in the market. So they are likely to succeed.

Svetllana [295]4 years ago

5 0

Answer:

it depends on the person what is he/she selling?

Explanation:

If it is in high demand then yes most likely going to succeed in their business.

You might be interested in

The Federal Application for Student Aid (FAFSA) form:

jarptica [38.1K]

Sorry im new to this

3 0

3 years ago

In 2013 the national retailer target corporation suffered a major data breach that put at risk the financial information of an e

sweet-ann [11.9K]

Answer:

Security policy failure

Explanation:

A security policy is a procedure that is to be followed to protect a company from threats, mostly computer security threats and what to do incase of occurrence.

A security policy identifies the business assets and sets up ways to protect them.

When security policy fails it results in results in business losses as is seen in when the National Retailer Target Corporation suffered a major data breach that put at risk the financial information of an estimated 40 million customers, and in 2009 the health care provider Bluecross Blueshield of Tennessee suffered a theft of hard drives when it reported 57 hard drives stolen.

3 0

3 years ago

If a journal entry and posting for the use of office supplies during the year is accidentally omitted, what would be the impact

jolli1 [7]

<span>It is imperative to have accurate information when completing year end financial statements. If a journal entry and posting for the use of office supplies was omitted in error, the financial statements would not be complete, and the company could possibly lose out on a tax deduction.</span>

4 0

3 years ago

Economists, as well as courts dealing with antitrust cases, often use which concept to measure whether a firm has monopoly power

VMariaS [17]

<span>They use crossprice elasticity to determine monopoly power. In this case, this is how responsive a change in demand is of one good to the change in price of related good. The more elastic a product is, the more likely the product is to change its demand when another good changes its price.</span>

6 0

3 years ago

calculating future value of salary. during a job interview, pam thompson is offered a salary of $32,000. the company gives annua

shutvik [7]

What would be pam’s salary during her fifth year on the job is: $37,440.

<h3>Salary Increase</h3>

Salary Increases

Year 1: $32,000

Year 2: $32,000 × 1.04 = $33,280

Year 3: $33,280 × 1.04 = $34,611.2

Year 4: $34,611.2× 1.04 = $35,995.648

Year 5: $35,995.648× 1.04 = $37,435.47

Salary in fifth year = Current salary × FV single sum table factor

Salary in fifth year= $32,000 × 1.170

Salary in fifth year= $37,440

Therefore what would be pam’s salary during her fifth year on the job is: $37,440.

Learn more about Salary Increase here:brainly.com/question/1417778

#SPJ1

4 0

2 years ago

Why do entrepreneurs try to start businesses or develop new products? Are they more likely to succeed or fail?​

Why do entrepreneurs try to start businesses or develop new products? Are they more likely to succeed or fail?