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Semmy [17]
2 years ago
6

What are the two ways that entrepreneurs assess the likely product demand for the proposed product or service they are analyzing

Business
1 answer:
IrinaVladis [17]2 years ago
8 0

The two ways that entrepreneurs assess the likely product demands for a product are through analyzing market research and historical data.

Who are Entrepreneurs?

An entrepreneur is a person who makes the decision of starting their own business based on the innovation of an idea or a product they have invented, taking on most of the risks and receiving the majority of the gains.

The two ways that entrepreneurs assess the likely product demand for the proposed product or service they are analyzing is through:

  • Market research, and
  • Historical data

Learn more about entrepreneurs here:

brainly.com/question/13628349

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Which of the following statements about human resource management opportunities and challenges is most accurate?
katrin2010 [14]

Answer:

D

Explanation:

The number of workers who have received training in high tech fields far exceeds the number of job openings in these areas.

6 0
3 years ago
Producers of Ocean Spray cranberry products decided to make Craisins (and dried cranberry snack food) available in convenience s
mylen [45]
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3 0
3 years ago
Reggie who is 55, had adjusted gross income of $32,000 in 2020. During the year, he paid for the following medical expenses:
sleet_krkn [62]

Assuming Reggie who is 55, had an adjusted gross income of $32,000 in 2020, Reggies medical expense deduction will be $75

Calculation to determine Reggie medical expense deduction

Drugs  $500

Add Health insurance premium-after tax $850

Add Doctors fees $1,250

Add Eye glasses $375

Total expenses  $2,975

($500+$850+$1,250+$375)

Less Insurance reimbursement  ($500)

Less 7.5% of Adjusted gross income ($2,400)  

($32,000×7.5%)

Medical Expense Deduction  $75

($2,975 - $500 - $2,400)

Inconclusion assuming Reggie who is 55, had an adjusted gross income of $32,000 in 2020, Reggies medical expense deduction will be $75

Learn more here:

brainly.com/question/17136095

6 0
2 years ago
When the utility function for a risk-neutral decision maker is graphed (with monetary value on the horizontal axis and utility o
andreev551 [17]

Answer:

The correct answer is letter "D": straight line.

Explanation:

Utility represents the satisfaction a person receives from the use of a good or service. In case there is a risk-neutral decision-maker, that individual is unlikely to vary the value he or she provides to the use of products to remain in a comfort zone. However, the utility could vary according to satisfaction the good or service provides in different situations.

Thus, if plotted in a graph, <em>the value representing the horizontal axis and the utility the vertical axis, there will be a straight line departing from the horizontal axis parallel to the vertical axis.</em>

7 0
3 years ago
John, an American executive, learns that a foreign subsidiary hired a 12-year-old orphan girl to work on the factory floor. He k
tino4ka555 [31]

Answer: An ethical dilemma

Explanation:

An ethical dilemma is a situation where an individual is faced with making a decision between two options where if any option is chosen the individual might act against his/her moral principle. Like in the question, John is faced with the option of either complaining about child labor and then the child losses his/her source of income or allowing things to be as they already are.

4 0
2 years ago
Read 2 more answers
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