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Artist 52 [7]
2 years ago
11

Differentiate the terms small business and entrepreneurial opportunity​

Business
1 answer:
luda_lava [24]2 years ago
8 0

Answer:

Small businesses usually deal with known and established products and services, while entrepreneurial ventures focus on new, innovative offerings. Because of this, small business owners tend to deal with known risks and entrepreneurs face unknown risks.

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The objective of market segmentation is to identify the similar characteristics of the consumer who is most likely to buy the pr
crimeas [40]

Answer:

This information to determine which one of the segment market identified is the viable market for business products.

Explanation:

The primary purpose of the market segmentation is to group the customers based on the characteristic of product that they desire. This helps the company to understand whom they are going to target and what they actually expect from them. If we know what they actually desire from us, it is more likely that we are providing the best experience to our customers which will increase the revenue.

Note: I tried my best to find the options the question has by using the internet but I didn't find any. If you think that the answer doesn't answers what you want to understand, then paste the complete question in the comments section, I will answer it.

4 0
4 years ago
Which is an example of a semi-skilled worker?
Verizon [17]
A lifeguard would be an example of one.<span />
7 0
3 years ago
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A company had net income of $50,000 under variable costing. Beginning and ending inventories were 400 units and 500 units, respe
AleksAgata [21]

Answer:

$52,000

Explanation:

Net income under variable costing considers only variable cost, while net income under absorption costing considers both variable and fixed cost. Therefore, we have:

Total beginning fixed overhead = 400 × $10 = $4,000

Total ending fixed overhead = 500 × $12 =$6,000

Fixed overhead for the period = $6,000 - $4,000 = $2,000

Net income under absorption costing = $50,000 + $2,000 = $52,000

7 0
3 years ago
If employers do not require a(n) __________, performance appraisal ratings often do not match the normal distribution of a bell-
Lubov Fominskaja [6]

Answer:

forced distribution

Explanation:

Based on the rest of the sentence it can be said that the missing term is forced distribution. This is a system that requires managers to evaluate each individual and rank them typically into one of three categories. These categories are excellent, good, and poor and allow managers to indicate if the employee should be terminated, is doing good, or is in-line for promotion as indicated in the graph below. This term is also known as the vitality curve or bell curve.

4 0
3 years ago
Why would those reviewing a business plan want to know the life cycle of a product?
emmainna [20.7K]
A business plan composes of many key components and one of this is the products and services. Therefore, when reviewing a business plan, the life cycle of the product is important because it would help establish expectations regarding how often the customer will need the business. The answer to this would be option D. Hope this helps.
3 0
3 years ago
Read 2 more answers
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