Entrepreneurship is the concept of starting a new business or enterprise to meet a need in the market.
Entrepreneurship is the process of creating or extracting economic value. According to this definition, entrepreneurship is defined as change, generally involving risk beyond what is normally encountered when starting a business and may include values other than monetary ones.
An entrepreneur is a person who creates and/or invests in one or more businesses, bearing the majority of the risks and reaping the majority of the rewards. The launch of a new business venture is the best example of entrepreneurship. Entrepreneurs are frequently referred to as a source of new ideas or innovators, and they bring new ideas to the market by replacing old with new inventions.
It can be divided into small or home-based businesses and multinational corporations. In economics, an entrepreneur's profits are made by combining land, natural resources, labor, and capital. In a nutshell, anyone with the will and determination to start a new business and face all of the risks that come with it can become an entrepreneur.
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There are 14 programmers and 31 engineers in a company. how many ways are there to select a group of three representatives from the company such that one is a programmer and two are engineers?
There are 14 programmers and 31 engineers in a company. There are ways to select a group of three representatives from the company such that one is a programmer and two are engineers.
How to select a group of three representatives from the company?
We need to include 1 engineer from 31 engineers.
So, the way we can select engineer is [tex]^{31}C_1[/tex] ways.
Now, we need to select 2 programmers from 14, so we will have [tex]^{14}C_2[/tex] ways.
Now,
[tex]^{31}C_1=31\\^{14}C_2=91[/tex]
The total number of ways will be 121 ways.
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True or false: preferred stock can be issued to raise money without giving up control.
The correct option is True.
Preferred stock is a class of ownership in a corporation that has a priority claim on its assets and earnings before common stock, generally with a dividend that must be paid out before dividends to common shareholders are paid.
Preferred stock are issued with a fixed par value and pay dividends based on a percentage of that par, usually at a fixed rate. Just like bonds, which also make fixed payments, the market value of preferred shares is sensitive to changes in interest rates. If interest rates rise, the value of the preferred shares falls.
Therefore, preferred stock can be issued to raise money without giving up control.
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A measure of the number of links between one object and another object in a relationship is called the _______.
A measure of the number of links between one object and another object in a relationship is called the cardinality.
What is cardinality?
Mathematicians use the term "cardinality." It translates into how many elements there are in a set. Cardinality in databases describes the connections between the data in two database tables. How many instances of one thing are connected to instances of another is defined by their cardinality.
Therefore,
A measure of the number of links between one object and another object in a relationship is called the cardinality.
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If a 95onfidence interval for the mean for the wedding sample is ($23465, $24983), does this mean that the sample results are significantly different from the claimed value for the mean of $25,200?
Since the claimed population mean is outside of the 95% confidence interval, we conclude that the sample results are significantly different.
A sample is a condensed, controllable representation of a larger group. It is a subset of people with traits from a larger population. When population sizes are too large for the test to include all potential participants or observations, samples are used in statistical testing. Using samples, one can draw conclusions about populations. Since samples are useful, affordable, practical, and manageable, it is simpler to gather data from them. Because it is typically impossible to study the entire population, studies are done on samples. Conclusions drawn from samples are meant to be extrapolated to the entire population, and occasionally even to the future. Consequently, the sample must be representative of the population.
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Some __________ ask members/customers to work at the organization for a number of hours a month as part of their duties. multiple choice mutual funds franchises limited partnerships cooperatives
Some cooperatives ask members/customers to work at the organization for several hours a month as part of their duties.
What are Cooperatives?Cooperatives are member-owned, member-controlled businesses run by and for their members to meet their common needs and ambitions in economic, social, and cultural development. People get together in cooperatives in a democratic and egalitarian manner. Cooperatives are democratically run under the "one member, one vote" principle, regardless of whether the members are users, customers, employees, or residents. No matter how much money a member invests in the business, they all have equal voting rights.Cooperatives may provide goods, services, and even the sharing of labor and production to benefit their members. A portion of the income may be distributed to members who use the cooperative's goods or services. A patronage dividend is a term used to describe how earnings are distributed.To learn more about Cooperatives, refer to:
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Financial assets permit all of the following except? consumption timing. allocation of risk. separation of ownership and control. elimination of risk.
Financial assets permit all of the following except consumption timing.
What are Financial Assets?Financial assets allude to resources that emerge from contractual agreements on future cash flows or from owning value instruments of another substance. These are fluid assets as the financial assets or ownership can be converted into matters such as cash. These are also referred to as financial instruments Financial instruments refer to a contract that produces a financial resource to one of the parties included, and an equity instrument or financial risk to the other entity.
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How many contracts can you (safely) buy?b. if gold then declines $3.65 per troy ounce, what is the market-to-market equity in the account?
A contract is an agreement among parties, creating mutual duties that are enforceable via law. The fundamental factors required for the agreement to be a legally enforceable contract are mutual assent, expressed by way of a legitimate provide and recognition; ok consideration; capability, and legality.
The definition of a agreement is an agreement between two or more humans to do some thing. An instance of a contract is a mortgage agreement among shoppers and sellers of a automobile. An instance of a agreement is an agreement between two human beings to be married.
A contract is shaped thru a method of provide and popularity. offer declaration by an offeror to an offeree suggesting terms of an agreement and asking the offeree to just accept them. even as a suggestion is outstanding, the offeror is legally obligated to be sure to the settlement if the offeree accepts the offer.
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To open a bank account you will/may need...*Choose only 5 answers*
-A government issued ID
-A state issued ID
-Collateral
-Drivers License
-A deposit
-Insurance
-Income
Answer:
You'll need a government-issued ID and some basic information, and you might have to deposit $25 or so to get started
Explanation:
The more __________ a company's supply chain, the more difficult it is to ensure that the supply chain is managed ethically.
The more global a company's supply chain, the more difficult it is to ensure that the supply chain is managed ethically.
It is difficult to ensure that the supply chain is managed ethically when the business is run globally because managers in the home country cannot have direct supervision and physical observation on how management in the other countries are running the supply chain of the products / services.
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Richardson, inc. purchased raw materials worth $800 for cash. the journal entry to record this transaction will include ________. process costing is used.
The journal entry to record this transaction will include a debit to Raw Materials Inventory for $800 and a credit to Cash for $800 process costing is used.
A transaction journal is how you record financial transactions. To create journal entries, you enter the details of the transactions on your company's books. In the second step of the accounting cycle, your journal entries are entered in the general ledger.
Each journal entry in the general ledger will include the date of the transaction, the amount, the account affected with the account number, and a description. Journal entries may also include a reference number, such as a check number, along with a brief description of the transaction.
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What is typically considered part of SG&A? 2 answers
O factory costs
O billing costs
commissions
O wages payable
O materials costs
The factory costs are typically considered part of SG&A. It was the part of the SG&A. Thus, option (a) is correct.
What is costs?
The term costs refer to the actual money are spent on the manufacturing of the product. The product are manufacture to spend on money are raw material, transportation, wages, salary, and other expenses add. The all expenses are added to identify the cost.
The SG&A stands for the selling, general and administrative expenses. The factory costs are normally included in the SG&A. So many expenses are included, including sales promotion (advertising), marketing, rent, staff salaries, management, and the accounting department.
As a result, the factory costs are typically considered part of SG&A. It was the part of the SG&A. Therefore, option (a) is correct.
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A company made a $1,000 payment on its $100,000, 20-year mortgage. the decrease in liabilities would be recorded with a:_________
A company made a $1,000 payment on its $100,000, 20-year mortgage. the decrease in liabilities would be recorded with a to notes payable.
Written promissory notes are known as notes payable.
A borrower receives a certain sum of money from a lender under this arrangement and promises to pay it back with interest over a predetermined time frame.
The interest rate may be set for the duration of the note or it may change in accordance with the interest rate the lender charges its most valuable clients (known as the prime rate).
As opposed to an account payable, which has neither a promissory note nor an interest rate to be paid (although a penalty may be imposed if payment is made after the scheduled due date), this one has both of these features.
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Companies typically prepare blank______ financial statements each accounting period.
Companies typically prepare blank 4 financial statements each accounting period.
Financial statements:
Financial statements are writing documents that describe a company's commercial activity and financial performance. Government authorities, accountants, and corporations, among others, frequently audit financial statements to verify accuracy and for tax, financing, or investing purposes.
Accounting Period
A calendar year or fiscal year is an accounting period, which is a set period of time during which accounting activities are performed, collected, and analysed. The accounting period is important in investment because potential shareholders evaluate a company's performance using financial statements based on a predetermined accounting period.
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True or false: if darnell is risk averse, then he prefers a 50-50 gamble between $0 and $400 over a guaranteed $200.
The given statement is true. if Darnell is risk averse, then he prefers a 50-50 gamble between $0 and $400 over a guaranteed $200.
Will a risk averse person accept a fair gamble?The idea of a fair bet is related to the idea of risk aversion. An unknown prospect with a zero projected yield is a fair bet. If a person never accepts a reasonable wager, they are risk averse. The overwhelming majority of academics concur that scenarios involving gambling involve some type of risk aversion.
While some people actively love risk (i.e., seek out risky circumstances because of the possible rewards), the majority of people deliberately avoid risk. One response is that it seems sense that the benefits of wealth diminish over time. Additionally, risk aversion is probably fairly widespread because diminishing returns to wealth imply that it is.
Hence, The given statement is true. if Darnell is risk averse, then he prefers a 50-50 gamble between $0 and $400 over a guaranteed $200.
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Is the firm maximizing profits? why or why not? identify a specific action that would increase this firm's profits. holding the cost of production constant, this firm should use
NO, Because MRPl/ Pl is less than MRPk/Pk.
What is marginal revenue?The increased total revenue produced by increasing product sales by one unit is known as marginal revenue and is a key topic in microeconomics.A corporation divides the change in its total revenue by the change in its total output quantity to determine its marginal revenue. The selling price of one additional item that was sold makes up marginal revenue. Marginal Revenue = Change in Revenue / Change in Quantity is the formula for calculating revenue at the margin.The incremental shift in profits brought on by the sale of one more unit is referred to as marginal revenue. An organization can determine the revenue from each additional unit sold by performing a marginal revenue analysis.Is the firm maximizing profits? why or why not? identify a specific action that would increase this firm's profits. holding the cost of production constant, this firm should use:
MRPl/Pl = 125 /50 = 2.5
MRPk /Pk = 450 /20 =22.5
In above case,
Holding the cost of production constant, the firm use more of Capital and less Labour
As t will reduce the Marginal revenue from capital and increasse the marginal revenue of Labour to make them in equilibrium.
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All random samples require use of some type of random device, not human subjectivity. True or false
All random samples require some type of random device, not human subjectivity. The above statement is True.
A person's perspective, opinion, unique feelings, beliefs, and desires are all examples of human subjectivity. In contrast to knowledge and belief based on facts, it is frequently used in casual contexts to denote unsupported personal opinions. The phrase is frequently used in philosophy to contrast objectivity.
That subjectivity essentially means that every man has the freedom or inherent potential to delve deep within himself and ask himself difficult questions about his existence and the meaning of his life that are difficult to comprehend since they involve.
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In d.w. griffith's drive for life (1909), what newly developed technique was used that created suspense and created a narrative rather than just capturing events on film?
Griffith used the cross-cutting technique, which created suspense and created a narrative rather than just capturing events on film.
What is the Cross-cutting technique?Crosscutting is an editing technique most frequently employed in movies to indicate that action is happening simultaneously and frequently in the same location.In a crosscut, the camera will move from one activity to another, suggesting that the two acts are happening simultaneously, albeit this is not always the case. Crosscutting can be used to increase suspense. It is constructed in the hopes that it will eventually be explained through the expectations it raises. Crosscutting creates similarities by illustrating a narrative action that takes place roughly at the same time in several locations.To learn more about Cross-cutting techniques, refer to:
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If there is a fire-alarm beeping in the background of your video because of a low battery warning, it is which type of noise?
If there is a fire-alarm beeping in the background of your video because of a low battery warning, it is a type of physical noise.
What is physical noise?
Physical noise is interference that originates from an external source or from the environment in which communication takes place. A static phone call, meeting rooms in a building near an airport flight path, conversations during a presentation, not muting the sound while typing during an online meeting all constitute physical noise.
Physical noise can also be deafening in nature. Pop-ups create visual noise in the online environment, just like when you're in an online meeting, a co-worker gestures outside your office window.
Sometimes you can control the physical noise, such as asking participants to turn down the volume when they're not speaking right at the start of an online meeting. Other times, you won't have control over the physical noise. As a communicator, realize that you must be prepared to deal with physical noise.
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The collection of businesses and products that make up a company is called its ________.
The collection of businesses and products that make up a company is
called it Business Portfolio.
What is a Business portfolio?A company's asset list is referred to as its business portfolio. For example, the term includes a startup's equipment and machinery. A product portfolio, on the other hand, is linked to a company's physical inventory. It has to do with the products they've put on the market.The asset list of a company is referred to as its business portfolio. For example, the term encompasses the equipment and machinery of a startup. In contrast, a product portfolio is linked to a company's physical inventory. It has something to do with the products they have on the market.
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What are the two constitutions you are
governed by?
Answer:
my own opinion and honesty
Explanation:
I'm governed by what I think is true because I don't like being brainwashed into it believing one thing can exist. so I choose my freedom to have an opinion on everything because every one is entitled to it and someone else can take it and learn to see where it could get them with what they think or not. and honesty because it's the best and only way to be true to yourself and if your gonna be true to others. cant trust yourself who you gonna be able to trust in the end. there is enough lies out there we are suppose to believe not me
Suppose that people who are indifferent about trading do, in fact, go ahead and trade. Under this convention, what is the prediction from the supply and demand model about the number of books that should change hands at the equilibrium price?.
6 books should change hands at the equilibrium price
An equilibrium price, also known as a market clearing price, is the agreed upon price when a product transaction takes place. When market supply and demand are in balance, prices become steady. This is known as equilibrium. In general, a surplus of goods or services leads to lower prices, which increases demand, whereas a shortfall or undersupply raises prices, which decreases demand. The coffee market is in a state of equilibrium. There won't be a propensity for pricing to move unless the supply or demand curves alter. In each market, the equilibrium price is the one where supply and demand are equal. Thus, $6 a pound is the market's equilibrium price for coffee.
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In a global economy, economists consider ________ to be the key economic resource.
In the global economy, economists consider Knowledge to be the key economic resource.
What is the global economy?This refers to the sum of activities that take place both within a country and between different countries. In this environment, each country is a see as separate unit with its own industrial production, labor market, financial market, resources and environment.
The global economy is also called a globalization, which means the interdependence of the worlds economies, societies, and cultures because of advances in communication, technology, trade etc.
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Imagine you are a starbucks executive traveling to china from the company’s u. S. Headquarters. You are going to beijing to negotiate a commercial real estate deal. Based on what you know about high and low context differences between the united states and china, what should you avoid doing?.
We are going to Beijing to negotiate a commercial real estate deal. Based on what we know about high and low context differences between the United States and China, then we should avoid quickly getting down to business.
Real estate intended to make a profit, either from capital gains or rental income, is referred to as commercial property, also known as commercial real estate, investment property, or income property. Purchasing or developing real estate that has been planned to house commercial tenants is considered investing in commercial real estate. Residential real estate typically offers lower earning potential than commercial property. Residential properties are simpler to remove from the market, and commercial agents can earn more from the sales of these properties. Investments in commercial real estate can generate income or capital growth. While appreciation is earned through a rise in the property's value over time, income is generated through the building's operation, frequently through rent payments from tenants.
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Organizations can utilize web-based technologies to support proprietary, internal communications by implementing a(n) __________.
Organizations can utilize web-based technologies to support proprietary, internal communications by implementing a(n) intranet.
What are intranet?An intranet is a private network contained within an enterprise that is used to securely share company information and computing resources among employees. An intranet can also be used for working in groups and teleconferences. Intranets encourage communication within an organization.What are the advantages of an intranet?
Some potential benefits of using an intranet include the following:
improved communication, information sharing and collaboration within a business;simplified records management;streamlined tracking of requests;a testing environment for new ideas before they are implemented on a company's webpage;improved corporate culture that focuses on employees and encourages participation and interactionTo learn about intranet, refer: https://brainly.com/question/19339846?referrer=searchResults
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In crafting a strategic management plan, leaders must first determine the company's long-term objective. this means leaders must first define the organization's ______.
This means leaders must first define the organization's vision.
What is Strategic Management?
The intentional use of a company's resources to accomplish goals and objectives is known as strategic management.
Continuous review of internal operations and outside variables that could affect a company's operations is necessary for strategic management.
Strategic management is a useful strategy for businesses of all sizes and across all sectors. Planning and patience are necessary for achieving organizational goals.
Companies can achieve their aims with the aid of strategic management. The steps required to accomplish a corporate goal are implemented across the entire organization thanks to strategic management.
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Gerritt wants to buy a car that costs $27,000. the interest rate on his loan is 5.35 percent compounded monthly and the loan is for 5 years. what are his monthly payments?
The monthly payment of Gerritt is $513.86.
Monthly loan payment
1 Interest rate per annum [ Pxrx ( 1 + r ) ^ n ] + [ ( 1 + r ) ^ n - 1 ]
1 Interest rate per annum 5.35 %
5
1 3 Number of compoundings per annum 0.45 %
2x3 Number of periods ( n ) 60
Loan amount ( P ) 27,000
( 27000x0.45 % * ( 1 + 0.45 % ) ^ 60 ) ÷ ( ( 1 + 0.45 % ) ^ 60-1 ) |
Monthly loan payment 513.86
Compounding is the addition of interest to the principal of a loan or deposit, or in other words, interest on principal plus interest. It is the result of reinvesting interest, either adding to the loan principal instead of repaying the loan or requiring the borrower to pay it so that the next period's interest is calculated on the principal plus previously accrued interest. Compound interest is the norm in finance and economics.
Compound interest is the opposite of simple interest, where previously accrued interest is not added to the principal amount of the current period, so there is no compounding. The annual interest rate is simply the amount of interest per period multiplied by the number of periods per year. The simple annual interest rate is also known as the nominal interest rate (not to be confused with the non-inflation adjusted interest rate, which shares the same name).
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Identify the type of savings fund that is best suited for each situation. unexpected travel expense saving for a college education paying to fix a broken air conditioner saving to start a business down payment for a car plumbing expenses
The type of savings fund that is best suited for each situation is:
Sinking fund: down payment for a car, saving to start a business, saving for a college education.
When you invest in a fund, your and other investors' money is pooled together. A fund manager then buys, holds, and sells investments on your behalf. All funds are made up of a mix of investments - this is what diversifies or spreads your risk.
Some common types of funds include pension funds, insurance funds, foundations, and endowments. Funds are also used by individuals and families for personal financial matters, such as emergency funds and college funds. Retirement funds are common funds offered as a benefit to employees.
Mutual funds make money by charging investors a percentage of assets under management and may also charge a sales commission (load) upon fund purchase or redemption. Fund fees, called the expense ratio, can range from close to 0% to more than 2% depending on the fund's operating costs and investment style.
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Gary and Susan Brooks have found a home to purchase for $92,000. Calculate the principal and interest payment if they are putting 10% down and obtaining a 15 year loan at 9%. The factor is 10. 15
The principal and interest for Gary and Susan Brooks is $840.42.
As, it is given that Gary and Susan have found a home for $92,000
For 15 Year Loan at 9% rate of interest
and 10% down payment i.e. $9200
At a factor of 10.15
Therefore, $92,000 x .90 = $82,800 x .01015 = $840.42
A secured loan is a type of loan that is given to a person with attaching a part or an asset(s) in whole. These types of loans are also known as collateral loans.
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The question was incomplete. Check below the full question.
Gary and Susan Brooks have found a home to purchase for $92,000. Calculate the principal and interest payment if they are putting 10% down and obtaining a 15 year loan at 9%. The factor is 10.15
A.) $882.41
B.) $700.02
C.) $630.02
D.) $840.42
A(n) __________ indicates how structural and infrastructural elements within the operations and supply chain areas will be acquired and developed to support the overall business strategy.
One of the two main choice categories that a strategy addresses is a structural element. It consists of material resources like structures, machinery, and computer systems.
What is the structural element?
In structural analysis, structural elements are utilized to deconstruct complex structures into their component parts. An element cannot be divided (decomposed) into multiple components inside a structure (e.g., beam or column). Lines, surfaces, or volumes can all be structural components.External and internal load-bearing brick or masonry walls, mud walls, timber-framed walls, stone, cast iron, or concrete columns, stone, brick, or concrete vaults, timber, iron, or steel beams, trusses, and girders are only a few examples of structural elements.The main components that make up the skeleton of any construction are called structural elements. They are related to one another in many ways to actualize a structural design. However, each component handles the applied loading in a unique way. While flexural parts primarily resist their stretching by creating bending stresses, axial members resist the applied loading by developing axial forces in them.To learn more about structural element visit:https://brainly.com/question/7904948
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What is the effect of the december 31 adjusting entry to record $400 of revenue for which the seller has performed for its customers but not yet collected?.
The December 31 adjusting entry to record $400 of revenue which the seller has performed for its customers but not yet collected leads to both sales revenue and accounts receivable accounts being raised by $400.
As a result of the company selling the customer goods worth $400, the sales income in the books of accounts should increase by $400. When ownership of the products is transferred to the buyer, the seller registers the sales transaction.
Additionally, the company will add $400 to its accounts receivable. This is due to the fact that the purchase was made on credit and the buyer has not yet paid the purchase price. An increase in accounts receivable might either mean that the company sold more products within a particular time frame or that invoice payments are not arriving on time.
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