while entrepreneur is a type of _______ role, leader is a(n) ______ role.

Answers

Answer 1

While entrepreneur is a type of decisional role, leader is a(n) informational role.

Why is a entrepreneur is decisional and leader is informational?

An enterprenuer is faced with making decisions at every point in time, it comes with the choice of good and services to produce and sell while a leader gives instructions on what and how to do a thing.

Therefore, Whhile entrepreneur is a type of decisional role, leader is an informational role.

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Answer 2

While entrepreneur is a type of decisional role, leader is a(n) interpersonal role.

Who is an entrepreneur?

An entrepreneur is an individual who is responsible for making decisions regarding the control, financing and organization of a business.

Who is a leader?

A leader is an individual who is either elected or appointed to oversee the activities of a particular group of people at a particular time. He must be able to interact effectively with his followers in order to ensure unity and progress.

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Related Questions

when the money market is drawn with the value of money on the vertical axis, if money demand shifts leftward, then initially there is an:

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if money demand shifts leftward, then initially there is an excess supply of money which causes the price level to rise.

What is excess money supply?

Excess money supply occurs when the supply of money in an economy is greater than the money demand or the level of the total output of an economy.

When there is an excess money supply, its effect is to result into inflation or causes the price level to rise.

Therefore, when the money market is depicted with the value of the currency on the vertical axis, if money demand shifts leftward, then initially there is an excess supply of money which causes the price level to rise.

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in forward and futures contracts, the risk of non-fulfilment of contract terms is most likely borne by:

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In forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by both parties to the contract.

What are forward and futures contracts?

The difference between a forward and futures contract lies in their establishment.

A forward contract is a personal arrangement traded over the counter whereas, a futures contract is a standardized contract made through an established exchange.

Thus, in forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by both parties to the contract.

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What are the legal requirements owners should fulfill before forming a corporation

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The legal requirements that owners should fulfill before forming a corporation are:

Owners should meet the state statutory needs. Owners should register the name and articles of incorporation.

What is a Business Corporation?

This refers to the business structure that operates as a separate entity that has shareholders and board of directors.

Hence, we can see that based on the legal requirements of starting a business corporation, the need to meet the state statutory needs and also register the name and article of the incorporation.

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A national grocery chain is divided into well-demarcated groups such as the Northeastern division, the Northwestern division, the Southeastern division, and the Southwestern division. These divisions have been set up based on the location of large groups of customers the company serves. In the context of departmentalization, this company is most likely using a(n)

Answers

Based on the fact that the divisions of this national grocery chain are set up in such a way that they can serve different locations, this is a geographic structure.

What is a geographic structure?

This is a departmentalization style where a company creates divisions in various areas to service their customers located in those places.

This is what this national grocery chain is doing by setting up divisions in various areas to access their customers around the country.

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which stage in a work-unit activity analysis focuses on the product, information, or service provided?

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The stage in a work-unit activity analysis that focuses on the product, information, or service provided is the output phase, This is further explained below.

What is the output phase?

Generally, the output phase is simply defined as manufacturing or output in general.

In conclusion, The final deliverable is defined. The method of measuring the output is investigated.

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Ben and Amanda are interested in a vacant, undeveloped lot. They are going to continue to live in their current home, pay off the lot's loan, and then build a new home on the lot. Before closing on the purchase of the lot, they discover the zoning regulations permit nightclubs to be built in the immediate area. They specifically asked the broker about this issue and were told there was no reason to worry. What are Ben and Amanda's options, if any

Answers

Ben and Amanda may cancel the transaction based on the misrepresentation of the broker.

What are the consequences of not telling the truth when selling property?

Misleading a buyer, whether it's been done intentionally or unintentionally, could be a breach of the Misrepresentation Act which is a common law fraud.

The right of rescission is a legal right, that a consumer may use if he found that he has been deceived by the broker or seller by giving the false statements and misrepresentation about the property they are going to purchase.

They have the right that they can cancel the agreement and rescind the payment as well.  It gives them three days to rescind an agreement and get your money back.

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In order to gather additional in-depth information needed for business decisions, marketers must do their own research by gathering:

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In order to gather additional in-depth information needed for business decisions, marketers must do their own research by gathering: primary data.

What is primary data?

This is the data that researchers have to gather by themselves by going into the field.

Primary data is the type of data that can be gotten from direct surveys, questionnaires and other forms of data collection.

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It is impossible to reduce your fixed expenses true or false?

Answers

Answer:

True

Explanation:

When an organization evaluates people based on the economic or productive potential of their knowledge, experience, and actions, the organization is viewing them as ______.

Answers

When an organization evaluates people based on the economic or productive potential of their knowledge, experience, and actions, the organization is viewing them as human capital.

What is human capital organization?

Human capital is referred to as an intangible asset for any firm but is absent from the balance sheet of a corporation. Human capital, which includes an employee's education, health, intelligence, punctuality, values, ethics, corporate citizenship, and loyalty, is the economic value of their knowledge, abilities, and experience.

Thus, it is human capital.

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Which of these pavement markings separates two lanes traveling in the same direction?

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The pavement markings that separate two lanes traveling in the same direction is A broken white line

What is a Pavement Marking?

This refers to the mark or sign that is on the road to show a particular function for motorists and pedestrians.

Hence, we can see that in the case of two lanes that travel in the same direction, the pavement marking that is used to clearly show this is called a broken white line.

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production possibilities curve. the curve of the graph

is called "The Frontier"

Answers

The PPC, sometimes referred to as the production possibilities frontier, depicts scarcity and tradeoffs.

What does the curve of the production possibility frontier represent?

The production possibility frontier or PPF is a curve used in business analysis to show the different quantities of two items that can be produced when they both rely on the same limiting resources.

Thus, The PPC, sometimes referred to as the production possibilities frontier

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When a shortage of a commodity occurs, we would expect to find that

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When a shortage of a commodity occurs, we would expect to find that the price of the commodity is less than equilibrium price.

What is a shortage?

A shortage occurs when the quantity demanded exceeds the quantity supplied. At this point, he price of the commodity is less than equilibrium price. For equilibrium price to be restored, the price of the commodity would rise until equilibrium is restored.

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what does the international monetary system consist of?

Answers

The monetary systems consists of international payment and transfer, exchange of currencies across borders..

What are international monetary system?

They are system, rules or even institutions that supports and facilitates international trade and also facilitates exchange of currencies between states.

These monetary systems consists of international payment and transfer, exchange of currencies across borders..

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The value net framework includes an analysis of a. the firm, substitutes, suppliers, customers, and competitors. b. the firm, suppliers, customers, competitors, and driving forces. c. substitutes, suppliers, customers, competitors, and driving forces. d. the firm, suppliers, customers, competitors, and complementors. e. substitutes, suppliers, customers, competitors, and potential entrants.

Answers

The value net framework includes an analysis of d. the firm, suppliers, customers, competitors, and complementors.

Who are those involved in a value net framework?

The entities that influence a business's success include its Customers, Suppliers, Competitors, and Complementors.

A business should develop cooperative and productive relationships with these influencers in addition to studying its internal capabilities and competencies to derive external value.

Thus, the value net framework includes an analysis of d. the firm, suppliers, customers, competitors, and complementors.

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In making the best economic choices, consumers compare the benefits of the choice to:.

Answers

In making the best economic choices, consumers compare the benefits of the choice to the cost of the choice.

How to make the best economic choices?

In making the best economic choices, the costs of the choice should be compared with the benefits of the choice. The choice should only be made when the benefits of making the choice exceeds the cost of the choice.

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Manu works for an auto parts company in New York. He provides information and advice that are not available online to his clients, who are mainly small businesses like Briarcliff Auto. Manu provides credit to Briarcliff Auto, coordinates supplies of parts from several sources to Briarcliff Auto, delivers parts to Briarcliff Auto, and processes returns. Manu is a _______. a. distributor b. reseller c. marketer d. businessmen

Answers

Manu is a distributor.

What is a distributor?

A distributor is an organization that purchases non-competitive products or product lines and sells them directly to consumers or clients. The majority of distributors also offer a number of other services, including technical support, warranty, and service.

To access markets that manufacturers could not otherwise target, distributors are crucial. Because a local business already has clients, relationships, and contacts, and is more familiar with the customs and business culture of the area, businesses frequently hire distributors. A potential customer's first point of contact with the manufacturer is the distributor.

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A perfectly competitive firm is producing 700 units, which is their profit-maximizing output level. The market price for their good is $2 and the firm's average total cost to produce the 700 units is $0.50. What is their profit or loss from producing the 700 units

Answers

Their profit or loss from producing the 700 units is: $1,050.

Profit or loss

Using this formula

Profit or loss=(Number of units×Market price)-(Number of units×Average total cost)

Let plug in the formula

Profit or loss=(700 units×$2)-(700 units×$0.50)

Profit or loss=$1,400-$350

Profit or loss=$1,050

Therefore their profit or loss from producing the 700 units is: $1,050.

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BestCare Health Plan has received a request from a state insurance department in connection with the investigation of several marketing representatives licensed by the state who sell Medicare Advantage plans. What action(s) should BestCare take in response

Answers

In the case above, BestCare response is to cooperate with the state and supply requested information.

What is health plan?

A health plan is known to be a kind of plan that is made for employee welfare benefit  and it is often set up or kept by an employer or by an employee firm or both, that gives medical care for its participants.

Note that, In the case above, BestCare response is to cooperate with the state and supply requested information.

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If washburn guitars were to lower the price of the maya pro dd75 to $2,499 from $2,699, sales of the guitar would increase 30 percent. This illustrates.

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The Washburn guitars reduces their price from  $2,499 to $2,699 as a result of the sales of the product drastically increased by 30%, So this represents that the product has an elastic demand.

What do you mean by elastic demand?

When the price of a product has a massive effect on the quantity purchased is called Elastic demand. A product is stated to have an elastic demand if sales drop sharply in reaction to a growth in price, or sales spike whilst prices are decreased.

Thus, The Washburn guitars reduces their price from  $2,499 to $2,699 as a result of the sales of the product drastically increased by 30%, So this represents that the product has an elastic demand.

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Amazon is considered one of the best digital marketers and is known for establishing relationships with customers. The company typically asks website visitors to register and opt-in to receiving e-mail communication and other offers. Thus, Amazon can identify visitors to its site before they make a purchase. Amazon is utilizing the _______ feature of online media.

Answers

Since Amazon can identify visitors to its site before they make a purchase, it is utilizing the addressability feature of online media.

What is digital marketing?

This is an aspect of online channel, in which organizations use to promote their brand or image. Here, people who are digitally inclined can connect to the company's product offering.

Benefit of digital marketing are:

Targeted audience can be reached in a cost-effective and measurable way. Increasing brand loyalty and driving online sales.

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Explain how the accounting for a fair value hedge differs for the hedged item and for the hedging item compared to the accounting for a cash flow hedg

Answers

A cash flow hedge is accounted for differently than a fair value hedge.

The key difference between a cash flow hedge and a fair value hedge is the hedged item. With a cash flow hedge, you’re hedging the changes in cash inflow and outflow from assets and liabilities, whereas fair value hedges help to mitigate your exposure to changes in the value of assets or liabilities.

A fair value hedge is used to mitigate risk created by fixed exposures such as fixed costs, prices, rates, or terms. Whereas a cash flow hedge is used to mitigate risk from variable exposures.

In the case of the Hedged Item:

a) Loss on the hedging item on the reporting date:

Debit the loss to Loss on the Hedged Item A/c. This will have an effect on the Profit & Loss A/c and reduce the profit of the company.

Credit the Hedged item. Since this is an asset, the value of the asset will go down, and this will affect the Financial Position i.e., Balance Sheet of the company.

b) Gain on the hedging item on the reporting date:

Debit the Hedged item. Since this is an asset, the value of the asset will go up, and this will affect the Financial Position i.e., Balance Sheet of the company.

Credit the gain to Gain on the Hedged Item A/c. This will have an effect on the Profit & Loss A/c and increase the profit of the company.

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companies using _____ revenue model charge a fee based on the value of the service provided on the web.

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Companies using fee-for-service revenue model charge a fee based on the value of the service provided on the web.

What is service charge?

Service charge is certain amount of money paid by an individual for a service rendered.

The amount is paid based on the charge pose on the individual.

Therefore, companies using fee-for-service revenue model charge a fee based on the value of the service provided on the web.

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Research indicates that high-performance project teams are much more likely to develop under certain conditions. One of these conditions is that members are assigned to the project _______ time.

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Research indicates that high-performance project teams are much more likely to develop under certain conditions. One of these conditions is that members are assigned to the project manager.

High performance teams are composed of individuals with specialized expertise and complementary skills who are hyper focused and goal oriented on achieving clear and outstanding results

So the members are assigned to the project management. It is the process of leading the work of a team to achieve all project goals with the given constraints.

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What country borders the caspian sea, the persian gulf, and the gulf of oman?.

Answers

Iran, is the country that borders the Caspian sea, the Persian gulf, and the gulf of Oman.

Which countries lie along the Caspian sea, the Persian gulf and the gulf of Oman?

Iran country lies in the Middle-East of the Iraq and Pakistan, that borders the Caspian sea, the Persian gulf, and the gulf of Oman.

The inland sea is connected to the Gulf of Oman from the East and the countries that lie along the Persian Gulf and the Gulf of Oman are Oman, Iraq, Kuwait, Saudi Arabia, etc.

Strait of Hormuz connects the the Persian Gulf to the Arabian Sea.

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Because the market sector features a few large and dominant competitors, the Big Tech marketplace best illustrates a condition where conditions of ___________ prevail:

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Because the market sector features a few large and dominant competitors, the Big Tech marketplace best illustrates a condition where conditions of "Oligopoly" prevail.

What is an Oligopoly?

A market structure known as an oligopoly occurs when two or more companies hold a large amount of market power. They have the power to control supply and prices when  acting as a group. When the top 4 companies dominate 50% of a market, it is generally referred to as an oligopoly.

Some key features of Oligopoly are-

Few firms with large market share Oligopolistic firms maintain their position in the market by a number of  high barriers to entry.Interdependence - An oligopolistic business will make decisions depending on how they anticipate rivals will respond.Each firm has little market power on its own - each firm has little market power, because other firms are quick to take advantage.Higher prices than in perfect competition - due to their combined market dominance, oligopolies frequently maintain higher pricing in order to generate greater profits.More efficient - Oligopolistic businesses profit from high market shares. They also profit from economies of scale, which allows for cheaper production.

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Mr. Troy wants to buy stocks of a local retail company. He needs help with market research and requires some investing advice, as well as someone to do the trading for him. Mr. Troy should contact a(n) _____.

Answers

Mr. Troy should can contact securities broker

A consumer's connection to the global financial markets is crucially facilitated by the securities broker. Brokers in securities, also known as sales agents for commodities, financial services, and securities, provide guidance to clients looking to invest money. Securities brokers make arrangements for their clients' purchases or sales of stocks, bonds, and other securities. Brokers guide clients toward the various investment possibilities that best meet their needs among the maze of choices.

Stocks and bonds are the two most popular kinds of securities. By issuing stocks, private companies give the general public a stake in the company. In exchange for using their money to purchase stock, investors may be promised dividends, which represent a portion of the earnings.

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the financial system consists of financial _____, such as commercial banks, and financial markets, such as the stock market.

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The financial system consists of financial intermediaries, such as commercial banks, and financial markets, such as the stock market. This is further explained below.

What are financial intermediaries?

Generally, financial intermediaries are simply defined as Banks, building societies, and unit-trust companies are all examples of financial intermediaries.

In conclusion, Institutions like commercial banks and marketplaces for trading financial instruments like stocks and bonds make up the financial system.

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An adjusting entry is completed ________

Answers

In accounting, an adjusting entry is completed at the end of the accounting period.

What is an adjusting entry?

This refers to the preparation of journal entry which occurs at the end of a reporting period to record any unrecognized income or expenses for the period.

Hence, the adjusting entry is completed at the end of the accounting period.

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Management contracts usually stipulate that multiple choice the contract be annual with renewal options. a fee be paid to the firm providing the management expertise. 30 to 50 percent of sales belong to the licensee. 30 to 50 percent of revenues belong to the licensor.

Answers

Management contracts usually stipulate that fees be paid to the firm providing the management expertise. Thus the correct answer is A.

What are contracts?

The contract refers to an agreement enforced by the law-bound two parties or individuals in a commitment within consent to start a deal.

A management contract refers to a contract that allows an organization to participate in the operations and decision-making of the business of another company.

Therefore, option A fee is paid to the firm providing expertise by mangement is the appropriate answer.

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The greatest amount of satisfaction comes from which utility?

Answers

The greatest amount of satisfaction comes from good's consumption of utility or say utility maximizer.

What is the term about?

A utility maximizer is known to be a person that seeks to get the highest satisfaction or happiness.

Utility is known to be the happiness or benefit consumers gotten from a good's consumption.

Therefore, The greatest amount of satisfaction comes from good's consumption of utility or say utility maximizer

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