The correct answer is A.
Starting a new business, as any investment project, entails a certain level of risk. Even tough an entrepeneur is able to develop a product that he believes would be attractive for consumers, there are many aspects that should be examined before deciding to start a business: market environment (number of competitors, elasticity of the demand, profits obtained in the industry), or inner factors (type of technology needed, how to produce efficiently, human resources policies, etc).
Even tough many things can be studied and plans and strategies need to be defined, there are factors which are unpredictable and can lead a firm to bankruptcy: a global economic crisis starts, there is a rise in input prices, there is a sharp decline of the demand on the product, etc. <u>This uncertainty (risk) makes entrepeneurship highly volatile, very large profits can be earned but also heavy losses can be incurred. </u>
Answer:
Greece has few natural resources. Its only substantial mineral deposits are of nonferrous metals, notably bauxite. The country also has small deposits of silver ore and marble, which are mined.
Explanation:
Answer:
The American Revolutionary War saw a series battles involving naval forces of the British Royal Navy and the Continental Navy from 1775, and of the French Navy from 1778 onwards. While the British enjoyed more numerical victories these battles culminated in the surrender of the British Army force of Lieutenant-General Earl Charles Cornwallis, an event that led directly to the beginning of serious peace negotiations and the eventual end of the war. From the start of the hostilities, the British North American station under Vice-Admiral Samuel Graves blockaded the major colonial ports and carried raids against patriot communities. Colonial forces could do little to stop these developments due to British naval supremacy. In 1777, colonial privateers made raids into British waters capturing merchant ships, which they took into French and Spanish ports, although both were officially neutral. Seeking to challenge Britain, France signed two treaties with America in February 1778, but stopped short of declaring war on Britain. The risk of a French invasion forced the British to concentrate its forces in the English Channel, leaving its forces in North America vulnerable to attacks.
Generally speaking the Mormons treated the Native Americans with disdain as they moved and expanded, since the existence of the Natives conflicted with the story of creation that the Mormons held dear.
Answer:
The federal level of government has powers that are different from those of provincial governments, including:
- national defence.
- foreign affairs.
- employment insurance.
- banking.
- federal taxes.
- the post office.
- fisheries.
- shipping, railways, telephones and pipelines
