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Alekssandra [29.7K]
3 years ago
11

openstax Michael Bronner made a killing in the direct marketing business as the cofounder and CEO of Bronner Slosberg Humphrey,

a wildly successful direct-marketing firm. His newest venture, Upromise Inc., enlists some of America's largest corporations to help families pay for college and is extremely successful. The 40-year-old Bronner will more than likely start at least one more new company before he retires because Bonner is a(n): Group of answer choices
Business
1 answer:
postnew [5]3 years ago
4 0

Michael Bronner is a multipreneur in that he is participating in multiple ventures at the same time as co-founder and CEO of Bronner Slosber Humphrey, a new venture Upromise Inc, and there's still information that he can start one more company before he retires.

A multpreneur is an individual who works in several different businesses at the same time, requiring the administration and management of multiple businesses, which requires a lot of dedication.

Generally, multipreneurs are entrepreneurs who already have a successful business, so the opening of new businesses is the chance for greater opportunities to apply capital and be successful in other fields.

To be an entrepreneur and a multipreneur it is necessary to:

  • Dedication.
  • Time management.
  • Be creative and innovative.
  • Have communication skills.
  • Be patient.
  • Have negotiation skills.

Therefore, to be a multipreneur it is necessary to have vision and initiative to see market opportunities and consumption trends that can be successful.

Learn more here:

brainly.com/question/11926111

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Automobile repair costs continue to rise with the average cost now at $367 per repair.† Assume that the cost for an automobile r
vovikov84 [41]

Answer:

a)  0.1728

b)  0.09183

c) 0.7354

d) $ 222.25

Explanation:

Given

mean = \mu = $367

Standard deviation = \sigma =$88

Cost of automobile repair is normally distributed.

a) We have to find P( x > 450 )

P( x > 450 ) = 1 - P( x <= 450 )

Using excel function,   P( x <= x ) = NORMDIST (x,  \mu, \sigma, 1 )

P( x > 450 )   = 1 - NORMDIST( 450 , 367, 88, 1 )

= 1 - 0.8272 = 0.1728

P( x > 450 ) = 0.1728

b)  P( x < 250 ) = NORMDIST( 250 , 367, 88, 1 ) = 0.09183

P( x < 250 ) = 0.09183

c) P( 250 < x < 450 ) = P( x <450 ) - P( x < 250 )

P( x <450 ) = NORMDIST( 450 , 367, 88, 1 ) = 0.8272

P( x < 250 ) = NORMDIST( 250 , 367, 88, 1 ) = 0.09183

P( 250 < x < 450 ) = 0.8272 - 0.09183 = 0.7354

P( 250 < x < 450 ) = 0.7354

d) We have P( X < a ) = 0.05

We have to find a.

Using Excel, = NORMINV ( Probability, \mu, \sigma )

a = NORMINV ( 0.05 , 367, 88 ) = 222.2529

Cost = $ 222.25

8 0
3 years ago
The activities of the federal reserve board have the most direct influence on.
mamaluj [8]

Answer:

The activities of the Federal Reserve Board have the most direct influence on: bank interest rates, monetary policy (interest rates, credit, etc.) 

7 0
2 years ago
Barbara purchases only two goods, salads, and notepads. Both are normal goods for Barbara. Suppose the price of salad decreases.
damaskus [11]

Like Haley up here did^^^^^^^^

Answer:

B

Explanation:

8 0
3 years ago
Sylvia owns a large media firm. she organizes a lunch meeting to announce a minor change in the management hierarchy to her all
kramer

Answer:

D: Company:)

Explanation:

4 0
3 years ago
The cross-price elasticity of demand measures how sensitive purchases of a specific product are to changes in
Usimov [2.4K]

Answer:

The cross price elasticity of demand measure how sensitive is the demand of the product X is due to the change in the price of the product Y.

The formula is stated as: Percentage change in the quantity demanded of product X / Percentage change in the price of product Y.

Further, cross price elasticity can be divided into Positive, negative and zero.

Hope this clears things up.

Good Luck.

4 0
3 years ago
Read 2 more answers
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