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yan [13]
3 years ago
13

What other inspiring realizations helped Andrew Feld come up with the idea for his startup? List and rank them in order accordin

g to their impact and explain why you believe they had an impact.
Business
1 answer:
soldier1979 [14.2K]3 years ago
6 0

The other inspiring realizations that helped Andrew Feld to come up with the idea for his startup, Fresh Patch, were as follows:

  • <u>Idea:</u> His pet gave him some idea that he could build a patch bathroom to enable his dog to ease whenever nature comes calling.  When he tried it out with the dog and saw the success, he engaged his need for income to start marketing the product to others.

  • <u>Necessity:</u>  Since he was unemployed with a pregnant wife, he realized that he could do something with his time.  This made him to try the bathroom for dogs idea that his pet needed.  He needed some income to cater for his family.

  • <u>A Big Vision:</u> The other realization is that the first year could be tough and will-breaking.  Then, he also realized that a big vision could be realized if one works hard at it.

Thus, these realizations greatly helped Andrew Feld for his startup, Fresh Patch.

Read more about inspiring ideas for business startups at brainly.com/question/11671311

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2. What are the importance of vocation and business?​
Alik [6]

Answer:

A major part of your life is your vocation. This is your career or even your business. Fulfillment in your vocation can contribute to leading a satisfying and successful life. Factors involved in having a satisfying vocation are that you should have a purpose, help others and be concerned about future generations

5 0
2 years ago
A deadweight loss is a consequence of a tax on a good because the tax a. induces the government to increase its expenditures. b.
zalisa [80]

Answer:

B) induces buyers to consume less, and sellers to produce less.

Explanation:

Taxes are a necessary evil since they always increase the price of the goods and services that consumers buy and decrease the amount of money that producers receive from selling their goods and services. But taxes are necessary and unavoidable.

But once a market assumes all the effects of existing taxes it reaches an equilibrium price that both consumers and producers are satisfied with. If a new tax is levied than the deadweight losses are greater since consumer surplus and producer surplus are both reduced. This will lead to a reduction in the incentive that both consumers and producers have to engage in transactions. Many times consumers will substitute heavily taxed goods for other goods since they feel they are getting more from consuming those goods (consumer surplus). The same happens to producers, many producers will change their heavily taxed goods for other goods.

If the price elasticity of demand or supply of a certain good is large (elastic demand and supply), the deadweight loss will be greater.

7 0
3 years ago
What do you think of the behavior of the United States to block China's chip research
antoniya [11.8K]

The behavior of the United States to block China's chip research was to encourage its industries to develop theirs.

<h3>What led to U.S. decision?</h3>

Aftermath of the ban of United states platform in China has led to numerous backlashes from the U.S. authorities as well.

For instance, there have been strict restriction on imported goods from China into the United states.

Hence, the behavior of the United States to block China's chip research was to encourage its industries to develop theirs.

Read more about chip research

<em>brainly.com/question/5154911</em>

#SPJ1

3 0
2 years ago
You write one MBI July 139 call contract (equaling 100 shares) for a premium of $17. You hold the option until the expiration da
Bogdan [553]

Answer:

$600 loss

Explanation:

A call option is defined as a contract that exists between ba buyer and seller of a call option to exchange securities held at a particular price within a specific period.

To calculate the profit realised on the investment

Profit from call option= (150- 139) * 100

Profit from call option= $1,100

Profit from premium= 17 * 100

Profit from premium= $1,700

Profit on investment= Profit from call option - Profit from premium

Profit on investment = 1,100 - 1,700 = -$600

So there is a loss of $600

4 0
3 years ago
Read 2 more answers
"A marketing management technique whereby the company's current product offerings are reviewed to ascertain whether each product
Burka [1]

Answer:

Product audit.

Explanation:

Product audit is defined as an evaluation of a finished product to see if it's use meets the intent or purpose of the product.

It involves a thorough check on the product to ensure it serves its purpose before it is release and supplied to the customer.

Product audit takes place after manufacturing is complete, if the product does not meet specified standards the auditor logs a non conformance. The products are usually repaired. If this is not possible the product is discarded.

3 0
3 years ago
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