PECs, or Personal Entrepreneurial Competencies, are what you need to compare and align with the pecs of a successful entrepreneur.
It is described as those skills or character traits that a successful entrepreneur must possess. The likelihood of someone succeeding as an entrepreneur increases with the degree to which they exhibit these qualities.
An entrepreneur is a person who starts a new business, taking on the most of the risks and reaping the majority of the gains. The term Competencies "entrepreneurship" refers to the act of starting a business. The entrepreneur is frequently viewed as an innovator, a source of novel concepts, products, services, and/or business models.
In any economy, entrepreneurs play a crucial role because they have the knowledge and drive to foresee demands and market valuable new ideas. Profits, notoriety, and prospects for ongoing expansion are given to entrepreneurialism that succeeds in assuming the risks involved in Competencies founding a startup. Failure in entrepreneurship costs the participants money and reduces their visibility in the market.
Learn more about entrepreneur here
https://brainly.com/question/29034897
#SPJ4
a company's blank______ is defined as the actions that managers take to attain the goals of the company.
A company's blank a firm's strategy is defined as the actions that managers take to attain the goals of the company. The percentage rise in net profits over time is used to calculate profit growth.
What do you mean by the manager strategy?The constant planning, monitoring, analysis, and assessment of all requirements that a company requires to accomplish its goals and objectives is known as strategic management.
Organizations will have to reevaluate their success methods on a regular basis as a result of changes in the business environment.
Through a process of assessment, evaluation, and development that can help to define new corporate goals, create acceptable and doable objectives, and help organizations regain a competitive advantage, strategic management strategies assist businesses in finding direction and growing.
Therefore, a company's blank a firm's strategy is defined as the actions that managers take to attain the goals of the company. The percentage rise in net profits over time is used to calculate profit growth.
To know more about the manager strategy, visit:
https://brainly.com/question/21939266
#SPJ1
quizle twhich one of the following is not a corrective action resulting from an audit? a. improving system edits b. refining improper payment rate measurements c. conducting educational sessions for provider and all clinical staff d. updating coverage policies and manuals
Conducting educational sessions for provider and all clinical staff.
Who are Clinical staff?
A clinical staff member is a person who works under the direction of a doctor or another qualified health care professional and is permitted to perform or assist in performing a specific professional service by law, regulation, and facility policy, but who does not individually report that professional service.
Clinical practitioners frequently (but not always) deal with patients face-to-face and directly support and give patient diagnosis, treatment, testing, and ongoing care. Numerous clinical positions call for a graduate degree, qualification, or license. It includes those who serve as support staff at a hospital, such as Human Resources, IT, administrative assistants, and medical billing and coding specialists, as well as hospital executives, transcriptionists, and receptionists.
While some non-clinical staff members converse with patients, they don't really provide medical care.
To earn more on Clinical staff from the link?
https://brainly.com/question/23359591
#SPJ4
type of buisness organization that are free from formal and legal set up requirements
Answer: Sole traders
Explanation:
Sole traders are individuals who run a business on their own with no separate legal personality or limitation of liability and no legal formalities or administration or filing requirements.
Have a nice day! -Chef Xiao
Short run deviations around the long term trend is known as the __________ cycle.
Short run deviations around the long term trend is known as the Business cycle.
What is meant by "business cycle"?Coordinated cyclical upswings and downswings in output, employment, income, and sales—the four main indices of economic activity—make up business cycles. The business cycle alternates between booms and contractions (also called recessions).
Considering the business cycleBy monitoring the cycle, experts can forecast the path of the economy. The National Bureau of Economic Research releases official statements about the economic cycle based on a number of particular factors, such as the growth of the gross domestic product (GDP) , household income, and employment rates.
To know more about Business cycle visit:
https://brainly.com/question/4511868
#SPJ4
an advantage of the blank was that it was thought to have a direct correlation with a balance-of-trade equilibrium by all countries.
A country is said to be in balance-of-trade equilibrium when the income its residents earn from exports is greater than the money its residents pay to other countries for imports.
Currency exchange rates can be impacted by the balance of trade, which shows whether a currency is in more or lesser demand. A nation with strong international demand for its products would typically export more than it imports, driving up the demand for its currency. A nation whose imports exceed its exports will have lower currency demand.
The currency exchange rate is one of the most significant drivers of a country's relative degree of economic health, along with variables like interest rates and inflation. A currency with a higher value makes imports cheaper and exports more expensive in foreign markets.
Read more about balance-of-trade equilibrium at
https://brainly.com/question/20926180
#SPJ4
assuming a term bond is issued at a premium, the cash interest payment calculated every period should:
Assuming a term bond is issued at a premium, the cash interest payment calculated every period should stay the same.
The top rate or the bargain on bonds payable that has now no longer but been amortized to hobby cost could be reported without delay after the par value of the bonds withinside the liabilities phase of the stability sheet.
When bonds are issued at a top rate, the entire hobby fee of the bonds over the lifestyles of the bonds is same to the quantity of... hobby paid over the lifestyles of the bond minus the quantity of top rate at sale point.
Learn more about bonds here:
https://brainly.com/question/25965295
#SPJ4
In the context of inventory costs, _____ costs can reflect backorders or service interruptions for external customers.
'In the context of inventory costs, Stockout costs can reflect backorders or service interruptions for external customers.
Even though it's by no means a good idea to overstock inventory, running out of stock is even worse. Stockouts no longer only affect your sales, they smash your emblem photo and tarnish your reputation with your clients. If a retailer can not offer a customer the items they need, they may definitely get them elsewhere.
The time period scarcity is more trendy and may be used to describe many distinctive conditions in distinctive industries or regions of existence. The term stockout is more specific and generally best used to describe the absence of a part or object that is had to produce any other item or to serve a patron.
Sometimes, inaccurate anticipation of patron calls may reason a stockout. For an instance, if an especially expected toy is released, however, the retailer is blind to the toy's call, and it is able to ends up a challenge for the retailer to have constantly geared up inventory.
Learn more about Stockout here https://brainly.com/question/14488476
#SPJ4
quuzlet what makes the federal reserve so unique compared to other central banks around the world is its
The right answer is (B) Decentralized structure thus, What makes the Federal Reserve so unique compared to other central banks around the world is its decentralized structure.
The Federal Reserve is semi-decentralized and thus it is very different from most centralized banks. It is led at the national level by a Board of Governors, which is comprised of seven members appointed by the President of the United States and confirmed by the Senate. Congress mandated a central banking system with both public and private components. In the public interest, the System performs five functions. The Federal Reserve Act's framers purposefully rejected the concept of a single central bank.
The complete question is: What makes the Federal Reserve so unique compared to other central banks around the world is its
A) centralized structure.
B) decentralized structure.
C) regulatory functions.
D) monetary policy functions
To learn more about tasks of the federal reserve click on the link: https://brainly.com/question/17097530?referrer=searchResults
#SPJ4
what is the maximum loan you can obtain based solely on the loan-to-value constraint? show your work.
Maximum Loan Available = 80% of Value of Property = 6.8Lacs * 80% = 5.44 Lacs.
If a bank approves a loan for 4.8 lacs in this case, it means that bank is adhering to the rule "Loan Amount = (Lower of (Valuation or Actual Price))" * Value Loan
Since the actual price in this case was 6 lacs, the bank chose the lower of the two, or 6.8 lacs vs. 6 lacs, meaning that it received 6 lacs* 80% = 4.8 lacs.
Property is anything over which a person or a company has legal ownership. Property can refer to either intangible items with the potential for future value, such as stock and bond certificates, or tangible items like homes, automobiles, or appliances.
Individual loans
Home loans and business loans.
Loan of Gold
Rent deposit loan.
Learn more about loan here :
https://brainly.com/question/11794123
#SPJ4
on january 1, applied technologies corporation (atc) issued $500,000 in bonds that mature in 10 years. the bonds have a stated interest rate of 10 percent. when the bonds were issued, the market interest rate was 10 percent. the bonds pay interest once per year on december 31. required: 1. determine the price at which the bonds were issued and the amount that atc received at issuance. 2.
The bonds are issued at the face value that is $500,000.
What is face value?The value of a coin, bond, stamp, or piece of paper money as printed by the issuing authority on the coin, stamp, or bill itself is its face value, also known as nominal value. Coins, stamps, and bills typically have a legal worth equal to their face value. However, there is no requirement that their market worth and face value are related. For instance, rare coins and stamps may be traded for amounts that are far higher than their face value. Due of the different metals that coins contain, they may also have salvage value. Bonds' principal or redemption value is typically represented by their face value. As a proportion of face value, interest payments are calculated.
To learn more about face value, visit:
https://brainly.com/question/14294215
#SPJ4
an adjusting entry needed to estimate future customer behavior includes a.inventory shrinkage. b.customer refunds. c.customer replacements. d.none of these choices are correct.
Option d; none of these choices are correct because .customer returns is an adjusting entry needed to estimate future customer behavior includes.
Customer returns, sometimes also known as salvage goods, are typically goods that have been bought from a store (or online site) and subsequently returned by a customer. Stores have different individual return procedures and product liquidation rules, which might have an impact on the types and conditions of the products you might encounter in different loads. The vast majority of customer return items only go through a brief visual inspection at the store level before being loaded into a return load, however policies do differ from shop to store. Before choosing to use higher value things, they might undergo a more thorough assessment.
Learn more about Customer returns here:
https://brainly.com/question/20597366
#SPJ4
in addition to the static nature of the pestel, porter's five forces, and strategic group mapping frameworks, what is their other shortcoming?
Along with Porter's Five Forces, Porter's Static Plot, and Strategic Group Mapping Frameworks It doesn't make it any easier to comprehend why different companies within the same strategic group perform differently.
The five forces framework seeks to analyze industry profitability, whereas the generic strategies framework seeks to explain various strategies for competing in an industry. This is the main distinction between the two frameworks.
Another major flaw is the propensity to utilize the five forces to evaluate a specific firm rather than the entire industry, which is what the framework was designed for. The way the framework is set up forces every company to belong to just one industry group, even though some companies operate in more than one.
Read more about strategic group at
https://brainly.com/question/14830278
#SPJ4
the profitability index is the ratio of the present value of the future free cash flows to the initial investment. group of answer choices true false
The correct answer is True. the profitability index is the ratio of the initial investment to the present value of the future free cash flows.
The ratio of the present value of cash inflows to the present value of cash outflows is known as the profitability index (PI).
The present value of all the project's future cash flows is divided by the initial investment to arrive at the straightforward formula for calculating the profitability index. Profitability Index = (Net Present Value + Initial Investment) / Initial Investment is another way to express it.
The present value of cash inflows compared to the project cost is the profitability index.
Read more about investment future at
https://brainly.com/question/28535819
#SPJ4
What type of account is discount on bonds payable and what is its normal balance?.
When a company issues bonds at a price less than the par value, the difference is debited to an account called "discount on bonds payable." The account is a contra-liability account with a normal debit balance.
Discount on bonds payable is a contra account to bonds payable that decreases the fee of the bonds and is subtracted from the bonds payable inside the lengthy‐term legal responsibility segment of the stability sheet.
The unamortized discount on bonds payable can have debit stability and that decreases the sporting amount (or book value) of the bonds payable. The top class or discount is to be amortized to hobby price over the existence of the bonds.
Learn more about company here: https://brainly.com/question/25818989
#SPJ4
8: the portion of realized capital gain that is subject to income tax in the year received is called
Recognized capital gain is the portion of realized capital gain that is liable to income tax in the year received.
The definition of recognized capital gainThe profit you realize from selling an asset counts as a recognized gain. Realized gains, which describe the amount of money you made from the transaction, are different from recognized gains. The basis, or the cost at which you acquired the asset, governs the amount of profits that can be recognized.
A gain is determined by subtracting the asset's acquisition price from its sale price. The recognized gain, for instance, is $100,000 when an investor purchases a house for $500,000 and sells it for $600,000 a year later.
Do you pay tax on gains that you've realized?
A higher sales price than the item's cost basis is referred to as a "realized gain." The portion of the gain that is taxed is referred to as a "recognized gain." The amount of the gain, the tax rate, and the tax year are some of the variables that can affect how a recognized gain is taxed.
Learn more about realized capital gain: https://brainly.com/question/13898767
#SPJ4
one important difference between b2b and b2c e-commerce systems that primarily affects the second stage of the multistage model for e-commerce is that
B2C e-commerce systems' main impact on the second stage of the multistage e-commerce model is that they often do not require support for price and delivery negotiation.
E-commerce, often known as electronic commerce, is the exchange of goods and services as well as the sending of money and data through an electronic network, most commonly the internet. These business dealings can be either B2B (business-to-business), B2C (business-to-consumer), C2C (consumer-to-consumer), or C2B.
Product sourcing, storage and warehousing, and fulfillment and shipping make up the three key components. Depending on the kind of eCommerce business you want to run, there are several approaches you can take to each of them.
Read more about b2b and b2c e-commerce at
https://brainly.com/question/14513493
#SPJ4
which of the following is not a difficulty in identifying and managing needs: group of answer choices determining the optimum product price. confusing wants and needs. addressing needs of wrong customers. defining needs prematurely.
The following is not a difficulty in identifying and managing needs determining the optimum product price.
Needs identity is the technique of coming across a consumer's requirements, constraints, ache factors and motivations. It is a primary private promoting method this is used to recognize how your merchandise may be of fee to the consumer.
Identifying your commercial enterprise desires is composed of noting every commercial enterprise problem, goal, or scenario, and the associated development of moves required to remedy it. For example, in case your commercial enterprise want is to technique consumer orders, you may notice the subsequent moves: Receive order.
Learn more about enterprise here:
https://brainly.com/question/15611949
#SPJ4
Companies must report ________ on the ________ to show that the asset is still in use.
In order to demonstrate that an asset is still being used, businesses must disclose completely depreciated assets on the income statement.
How do you take fully depreciated assets out of a balance sheet?Asset disposal takes place with a single entry in the general journal when an asset reaches the end of its useful life and has fully depreciated. The pertinent asset account is credited, and the accumulated depreciation account is debited.An asset that is valued at its salvage value is referred to in accounting as being fully depreciated. There are two ways an asset might totally depreciate: The asset's useful life is over. The asset has been written down to zero due to an impairment. In order to demonstrate that an asset is still being used, businesses must disclose completely depreciated assets on the income statement.To learn more about Fully depreciated refer to:
https://brainly.com/question/1203926
#SPJ4
a company pays its employees $1,600 each friday, which amounts to $320 per day for the five-day workweek that begins on monday. if the monthly accounting period ends on thursday and the employees worked through thursday, the amount of salaries earned but unpaid at the end of the accounting period is:
$3400 is the amount of salaries earned but unpaid at the end of the accounting period.
What is a salary?Salary is a type of regular payment made by an employer to an employee and may be outlined in an employment contract. Instead of being paid on a regular basis, piece wages pay each work, hour, or other unit separately. Salary can also be regarded from the perspective of managing a corporation as the expense of obtaining and keeping staff to carry out operations; this is known as a personnel expense or salary expense. Salary information is kept on payroll accounts in accounting. An employee's salary is a set sum of money or other remuneration received from their employer in exchange for the work they have completed. Ordinarily, salaries are paid at regular intervals; for instance, one-twelfth of the yearly wage is paid monthly.
To learn more about salary, visit:
https://brainly.com/question/1091455
#SPJ4
dahlia is trying to make partner at one of the city's most prestigious law firms. it is generally understood that associates remain hard at work in the office until at least 8 or 9 each evening. this is an element of the firm's: please choose the correct answer from the following choices, and then select the submit answer button. answer choices roles. norms. schemas. attitudes.
As part of the firm's norms, it is widely accepted that associates work diligently in the office until at least 8 or 9 every evening.
What is a law firm used for?Lawyers work in law firms, advising clients on on rights and obligations and defending them in court. Some firms specialize in different areas of law, including criminal, immigration, real estate, and bankruptcy. Other businesses might concentrate on one.
How do law firms generate revenue?The partnership model is used by the majority of law firms. A few partners start the business with startup capital, hire employees, and split the profits. By charging clients a set hourly wages for their services, attorneys bring in money for the firm.
To know more about Law firm visit:
https://brainly.com/question/14555253
#SPJ4
the two biggest drawbacks or disadvantages of unrelated diversification are . a. underemphasizing the importance of resource fit and the strong likelihood of diversifying into businesses that top management does not know all that much about b. insufficient cash flows to finance so many different lines of business and a lack of uniformity among the strategies of the businesses it has diversified into c. volatile sales and profits and making the mistake of diversifying into too many cash cow businesses d. the difficulties of competently managing many different businesses and being without the added source of competitive advantage that cross-business strategic fit provides e. over-investing in the achievement of economies of scope and the difficulties of achieving a good mix of cash cow and cash hog businesses
Option D is correct. The two biggest disadvantages of unrelated diversification are the difficulties of managing many different businesses and not added source of competitive advantage that cross-business strategic fit provides.
Unrelated Diversification is a situation when a company enters into a field of business that has nothing to do with its core company unrelated to one. Diversifying means having many lines of business in order to compensate others if one is at the loss. And when in that condition, that line of business is not related to another called unrelated diversification. For instance, Red Bull is a soft drink company at that same time, running a sports agency under the name of Bull- both of which are not related to one another. One drawback is having difficulty in impacting one over another and the second is not able to fit that cross-business strategy.
To learn more about unrelated diversification, follow the below link:
https://brainly.com/question/15711065
#SPJ4
How did increased economic prosperity facilitate the participation of women in the reform movements of the nineteenth century?.
The rise of the urban middle class allowed women to devote more time to societal issues increased economic prosperity facilitate the participation of women in the reform movements of the nineteenth century.
An economy is a region of the production, distribution, and trade, yet as consumption of goods and services. In general, it's outlined as a social domain that emphasizes the practices, discourses, and associated degreed material expressions related to the production, use, and management of scarce resources.
A provided economy may be a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, and content, and set the conditions and parameters within which an economy functions. In alternative words, the economic domain is a social domain of reticular human practices and transactions that doesn't stand alone.
Learn more about economics here
https://brainly.com/question/1106682
#SPJ4
if a company expects to realize more of a deferred tax asset than they had estimated in the previous period, they should record a
A company should record an asset if it anticipates realizing more of a deferred tax asset than it had estimated in the prior period.
Let's say a business overpaid its taxes or paid them in advance for a specific financial term. The extra tax you paid in that situation is referred to as a deferred tax asset. As an asset on the balance sheet, these taxes are eventually repaid to the company or subtracted from subsequent taxes.
When there are discrepancies between tax laws and accounting principles or when there is a carryover of tax losses, a deferred tax asset may develop.
To reflect this, a deferred tax liability will be credited (increased) in the Statement of Financial Position, and a tax expense will be debited (increased) in the Statement of Profit or Loss.
Read more about deferred tax asset at
https://brainly.com/question/18297056
#SPJ4
For managers, the importance of maslow’s contribution is that he showed that workers.
The significance of Maslow's contribution to managers is that he demonstrated that employees had needs beyond simply collecting a paycheck.
What is Maslow's contribution?Maslow's theory of motivation can help managers better understand how to inspire employees. Being able to properly motivate people is one of management's most critical and difficult responsibilities. Maslow's Hierarchy of Needs is utilized in the workplace to evaluate employee behavior from a variety of angles, including motivation and engagement. Prior to being motivated towards higher level requirements, employees must be satisfied with their immediate wants.
Employees that are unhappy are generally dejected or unable to relate to the team's goals, are not completely driven, and perform below part. Long-term unhappiness may have negative effects on productivity and staff retention. Since the demands of the employees serve as their incentives, HR professionals frequently utilize them as benchmarks when developing efforts for optimal employee retention and job satisfaction.
To know more about Maslow's Hierarchy, visit:
https://brainly.com/question/2250599
#SPJ1
Suppose the government imposes a price floor of $70 on this market. What will be the size of the surplus in this market?.
0 units be the size of the surplus in this market. When there is an excess of supply—that is, when the amount supplied exceeds the amount demanded—a market surplus results.
Some producers won't be able to sell all of their products in this circumstance. This will encourage them to reduce their pricing in order to increase the allure of their market product. An item or resource that has more than is currently being used is said to have a surplus. A surplus can relate to a wide range of things, including money, goods, capital, and profits. When someone sells a thing on an auction website, that is an instance of an economic excess.
To learn more about surplus, click here.
https://brainly.com/question/15416023
#SPJ4
according to the text, technological change and shifting job markets require
According to the text, technological change and shifting job markets require Workers are able to respond promptly to economic change.
What is technological change?A technical shift is an improvement in the outputs available with a certain amount of inputs through the processes of invention, innovation, and diffusion.
An increase in a product's or process's efficiency that results in a gain in output without a matching rise in input is referred to in economics as a technological change. To put it another way, someone invents something new or improves a practice in order to get paid more for doing the same amount of work.
Thus, Workers are able to respond promptly to economic change.
For more information about technological change, click here:
https://brainly.com/question/15602412
#SPJ1
what are some of the most compelling evidence for the keynesian interpretation of the great depression and why?
The most compelling evidence for the Keynesian interpretation of the great depression decreases in both the interest rate and the quantity of money.
What part of the Great Depression can Keynes' theory explain?The Great Depression offered resounding support for Keynes' theories for Keynesian economists. The problem had begun with a dramatic decline in aggregate demand. Over a decade had passed since the change in aggregate demand that caused the recessionary gap.
How did Keynesian economics change as a result of the Great Depression?Keynes was motivated to reconsider the nature of the economy by the Great Depression. He developed practical uses for these theories that may have ramifications for a nation experiencing an economic crisis. Keynes disapproved of the notion that the economy would eventually reach equilibrium on its own.
To Know more about quantity
https://brainly.com/question/12986460
#SPJ4
the gap that exists when equilibrium real gross domestic product 13) (gdp)is greater than full employment real gross domestic product (gdp)is called a(n)
The gap that exists when equilibrium real gross domestic product 13) (GDP)is greater than full employment real gross domestic product (GDP)is called an inflationary gap.
Gross domestic product (GDP) is the usual measure of the fee brought created via the production of goods and services in a country for the duration of a positive period. As such, it additionally measures the profits earned from that manufacturing or the whole quantity spent on final goods and services (much fewer imports).
Gross home product (GDP) is the cost of the completed domestic items and offerings produced inside a state's borders. alternatively, gross country-wide product (GNP) is the price of all finished items and services owned with the aid of a country's citizens, whether or not or not those items are produced in that united states of America.
GDP measures the economic fee of final goods and services—these are the ones which can be bought with the aid of the very last consumer—produced in a rustic in a given period of time (say a quarter or 12 months). It counts all the output generated within the borders of a country.
Learn more about the Gross domestic product here:
https://brainly.com/question/1383956
#SPJ4
what form of municipal government closely matches the structure of most corporations, with a professional manager reporting to an elected board? responses
With professional management reporting to an elected board, the council manager most closely resembles the organizational structure of the majority of enterprises.
What is a council-manager?One of the five main forms of municipal government found in American cities and towns is council-manager government. The other four are the mayor-council, commission, town meeting, and representative town meeting.
In a council-manager system, an elected city council serves as the primary legislative body of the city and appoints a chief executive officer known as a city manager to oversee routine municipal operations, develop a budget, and implement and enforce the council's legislative and policy initiatives.
Most council-manager governments also have a mayor, who is able to be chosen at large and who serves as the city's official representative at the state, federal, and international levels. The mayor, however, is a regular voting member of the city council with few to no legal privileges that might set him or her apart from other council members, unlike in a strong mayor-council government.
Learn more about council-manager with the help of the given link:
brainly.com/question/26965249
#SPJ4
pat deposits a portion of her wages into a personal savings account every week. the saved money can be considered to be primarily a
When interest rates rise, both businesses and consumers cut spending. This reduces profits and drives stock prices down.
On the other hand, if interest rates drop significantly, consumers and businesses will spend more, leading to higher stock prices. Therefore, to get the maximum amount of credit that can be used, multiply the deposit amount by 1 minus the reserve ratio. The most liquid assets are cash and securities, which can be readily converted into cash. Firms may also consider assets with an expected cash date of one year or less to be liquid. Although there are many differences between bonds and stocks, they are both very similar. an investment that benefits the owner.
Learn more about business here-
https://brainly.com/question/15826771
#SPJ4
