Answers
Answer:
4. life style entrepreneur
3. serial entrepreneur
2. social entrepreneur
1.business entrepreneur
Related Questions
Davis, an operations manager, was expecting an output of 5,000 units in a week. However, only 1,000 units have been manufactured by the end of the third day. Davis will now need to take some corrective action in order to complete the production of all 5,000 units on time. Which management function does Davis need to perform?
A.
planning
B.
budgeting
C.
coordinating
D.
controlling
Answers
Answer:
A. planning
Explanation:
Planning is the first step in the process of management. Without planning nothing could be accomplished. It is a thinking process that represents the need to accomplish the desired objective
Since in the given question it is mentioned that Davis required to take corrective action in order to finished the 5,000 units on time
So this represents the planning
hence, the correct option is A.
Answer:
D, controlling
Explanation:
Was right on plato test
define accounting element in detail with the help of accounting equation?Expalin In your words?
Answers
Answer and Explanation:
There are three main accounting elements that are as follows
1. Assets: Assets means the resources that are owned through which the future benefits would be anticipated. It is a properties owned by the business
2. Liabilities: The liabilities are the obligations that the company or an individual have to pay
3. Equity: The equity is the amount invested in the business, it also records the withdrawals, income and expenses etc
Now the accounting equation would be
Total assets = Total liabilities + total equity
The sum of total liabilities and total equity is known as total assets
Find the monthly payment necessary to amortize the following home mortgages.
$314,900, 6 3/4%, 15 years
Answers
Answer: $ 2786.58
Explanation:
P = $314,900
r = 6 3/4% per year = 6.75% / 12 months = 0.0675 / 12 = 0.005625 per period
n = 15 years = 15 × 12 months = 180 total periods
Ammortizaion formula is given as:
A = [P(1 + r)^n / (1 + r)^n - 1
where,
A = amount paid per period
P = Initial Principal
r = Interest rate
n = Number of periods
Slotting in the values, we would have a monthly payment of $ 2786.58
The __________ provides the same results as a check because it withdraws funds from a checking account.
A) credit card
B) debit card
C) smart card
D) cashier's check
Answers
Answer:
Option B: Debit card
Explanation:
Checking account is simply a type of an account which helps it users to be able to pay bills. It is an account into which an individual can deposits money and from which an individual also withdraws money by the use of check (writing checks) or using a debit card.
A debit card is a type of withdrawal card that helps an individual to withdraw cash from an ATM or to pay directly for goods or services at stores and restaurants and others. It is also defined as a plastic card used to withdraw cash from a checking account or make payments electronically without having to write a check.
The Rock Company produces basketballs. It incurred the following costs during the year.
Direct materials $14,400
Direct labor $25,600
Fixed manufacturing overhead $12,000
Variable manufacturing overhead $29,400
Selling costs $21,000
What are the total product costs for the company under absorption costing?
Answers
Answer:
Total cost under absorption costing= $81,400
Explanation:
The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
Direct materials $14,400
Direct labor $25,600
Fixed manufacturing overhead $12,000
Variable manufacturing overhead $29,400
Total cost under absorption costing= $81,400
Suppose the demand for a price maker’s product is estimated to be Qd = 100 – 2P and its total cost function is C(Q) = 10Q. Under first-degree price discrimination, what will be the firm’s profits?
Answers
Answer: See explanation
Explanation:
From the question,
Qd = 100 – 2P
We have to use the subject of the formula to get the expression for Price(P). This will be
2P = 100 - Qd
P= (100 - Qd) /2
P = 50 - 0.5Q
Also, C(Q) = 10Q
MC = 10
Since P = MC
50 - 0.5Q = 10
Collect like terms.
50 - 10 = 0.5Q
0.5Q = 40
Q = 40/0.5
Q = 80
Recall that,
P = 50 - 0.5Q
= 50 - 0.5(80)
= 50 - 40
= 10
The profit will be calculated as:
= TR - TC
where,
Total revenue = Price × Quantity
= 80 × 10 = 800
Total cost = 10Q = 10 × 80 = 800
Profit = 800 - 800 = 0
How does paying the minimum on a credit card hurt?
Answers
Answer:
If you only pay the minimum each month, your debt might become spread out over a longer period of time and interest charges may increase over time. This is not an effective strategy, and depending on the provider, you may end up paying more that what you needed to pay off.
Explanation:
Hope this helped!
How much was the gross profit margin percentage for Coca-Cola Company for the quarter ending Sep, 2020?
Less than 20%
Between 20% and 30%
Between 30% and 40%
More than 40%
Answers
Answer: More than 40%
Explanation:
Coca-cola Gross profit for the quarter ending Sep, 2020 is $5,181 million. Coca-cola's revenues for the same period are $8,652 million.
The Gross profit margin is therefore;
= Gross Profit / Revenue
= 5,181/8,652
= 59.9%
What is the preferred distance when speaking in a professional group setting?
three to four feet
five to six feet
four to five feet
two to three feet
Answers
The preferred distance when speaking in a professional group setting is four to five feet.
Communication which occurs in the social zone, which is considered to be four to five feet away from our body, is typically in the context of a professional or casual interaction, but not intimate or public. So, this distance is preferred in many professional settings as it tends to reduces the suspicion of any impropriety.
The distance which tends to surround a person forms a space. So the space within social distance and out of personal distance is called social space, and the space within public distance is thus reffered to as a public space.
Hence, option C is correct.
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Question
What is written in the January 20, 2007 memo?
Answers
Within the same organization, memos are the fairly formal form of communication.
The same organization uses it as an official document as well. Although not overly formal, memos are formal. They are employed as a method of communicating brief messages, often one or two pages. This is accomplished by employing the company's template and the organization's logo. However, even though they are quicker and more adaptable than traditional letter writing, they still cost a lot and require a lot of delivery time. For specific management priorities or statutory obligations, Federal agencies are given instructions and implementation guidance in the OMB memoranda. They either have longer term guidelines for agency implementation or provide yearly updates, such as for FISMA reporting obligations. OMB is the largest part of the President's Executive Office. It immediately answers to the President and assists numerous executive departments and agencies throughout the Federal Government in carrying out the President's objectives and priorities.
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Mikan Company’s standard predetermined overhead rate is $9 per direct labor hour. For the month of June, 26,000 actual hours were worked, and 27,000 standard hours were allowed. How much overhead was applied? Overhead applied
Answers
Answer:
Allocated MOH= $234,000
Explanation:
Giving the following information:
Predetermined overhead rate= $9 per direct labor hour.
Actual direct labor hours= 26,000
To allocate manufacturing overhead, we need to use the following formula:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 9*26,000
Allocated MOH= $234,000
Bonds that have an option giving the issuer the right to retire them at a stated dollar amount before maturity are known as:A. Callable bonds.B. Serial bonds.C. Convertible bonds.D. Junk bonds.E. Sinking fund bonds.
Answers
Answer:
A. Callable bonds.
Explanation:
The bond that have an option to give the right to the issuer to retired the bond at the stated amount but it should be before the maturity so the same we known as callable bond
Hence, the correct option is A
Therefore all the other options would be incorrect
The same is to be considered and relevant
The following sentence has only one error
The position descriptions must be publicize in orders to in form our candidate pool of the opening
Answers
Answer: the only error I see is that you don't have a period at the end of your sentence
you don't have any spelling errors either soooooo I don't know what else your asking for
Explanation:
The only error I see is that you don't have a period at the end of your sentence. As the sentence is The position descriptions must be publicize in orders to in form our candidate pool of the opening.
What is meant by error?Willful or careless transgression of a code of conduct. An error that was unintentionally made in the truth or correctness while calculating the bill. The definition of an error is a mistake or the state of being inaccurate. A mistake is made if you multiply 2 by 2 and get 5.
A mistake is when it leads you to draw the incorrect conclusion about a collusion and you continue to do so. Mistakes are accidents. Even though you know it's wrong, the improper word nonetheless manages to escape your mouth.
An error, on the other hand, is something you are not aware of. You still need to be aware of the subtleties of either vocabulary or grammar.
Thus, The only error I see is that you don't have a period at the end of your sentence.
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Simpson Conglomerates borrows $12,000 for a short-term purpose. The loan will be repaid after 120 days, with Simpson paying a total of $12,400. What is the approximate cost of credit using the APY, or annual percentage yield, calculation?
A. 4.33%B. 10.34%C. 12.25%D. 12.46%
Answers
Answer: B. 10.34%
Explanation:
Based on the information that has been provided in the question, first and foremost, we have to know the amount of interest paid which will be:
= $12400 - $12000
= $400
We tgen calculate the cost of capital which will be:
= 400/12000
= 3.33%
Then, Annual percentage rate will be:
= 3.33% × 365/120
= 3.33% × 3.04
= 10.34%
A team leader sees that a colleague is struggling to finish a project because he has his son’s upcoming biopsy on his mind. She sits down to ask him how he is feeling about the procedure. This is an example of consideration behavior. true or false?
Answers
It is true that if a A team leader sees that a colleague is struggling to finish a project because he has his son’s upcoming biopsy on his mind. this is a consideration behavior.
What is a consideration behavior?
This is the term that is used to refer to all of the behaviors that can be considered to be supportive and also friendly to other people. This is the person that seeks and tries to understand other people.
Hence the way that the leader goes about to talk to the colleague on the issue that he is facing in his family tells us that she is a considerate person.
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Which of the following it NOT a position in the Administrative Support pathway?
A. Teacher
B. Medical Transcriptionist
C. Receptionist
D. Administrative Assistant
Answers
Teacher is not a position in the Administrative Support Pathway. The administrative support pathway covers careers that assist corporate operations through a range of administrative and clerical tasks, such as project management, data processing and gathering, and information and communication management.
The administrative support assistant assists with a number of academic or administrative units' general administrative duties, such as answering phones, serving customers, workers, or visitors, creating documents and reports, gathering records, setting up meetings, and arranging. Therefore, teacher is not considered to be a part of it.
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Denise has $13,424 in a savings account with the District 113 Teacher's Credit Union. While economic conditions have caused the credit union to struggle financially, Denise need not worry because her deposits are insured by the:
Answers
Answer:
Explanation:
$120= the amount to pay for the shoe
$20 paid for the month
Balance to pay = $100
Then 3% interest rate on credit card = 3% of $100=$3
Therefore amount to pay = $3+$100=$103
Mike’s Motors Corp. manufactures motors for dirt bikes. The company requires a minimum $30,000 cash balance at each month-end. If necessary, the company borrows to meet this requirement, at a cost of 2% interest per month (paid at the end of each month). Any cash balance above $30,000 at month-end is used to repay loans. The cash balance on July 1 is $32,000, and the company has no outstanding loans at that time. Forecasted cash receipts and forecasted cash payments (other than for loan activity) are as follows.
Cash
Receipts Cash
Payments
July $ 83,000 $ 111,000
August 109,000 97,900
September 148,000 125,400
Prepare a cash budget for July, August, and September. (Negative balances and Loan repayment amounts (if any) should be indicated with minus sign. Round your final answers to the nearest whole dollar.)
Answers
Answer:
Mike's Motors Corp.
Cash Budget for July, August, and September:
July August September Total
Beginning balance $32,000 $30,000 $30,000 $32,000
Cash receipts 83,000 109,000 148,000 340,000
Bank borrowings 26,000 0 0 26,000
Total receipts 141,000 139,000 178,000 $398,000
Cash Payments 111,000 97,900 125,400 334,300.00
Interest 520 308.40 828.40
Loan repayment 10,580 15,420 26,000.00
Total payments 111,000 109,000 141,128.40 361,128.40
Minimum cash balance 30,000 30,000 36,871.60 36,871.60
Explanation:
a) Data and Calculations:
Cash Receipts Cash Payments
July $ 83,000 $ 111,000
August 109,000 97,900
September 148,000 125,400
Minimum cash balance = $30,000
Interest on borrowings = 2% per month
July ending:
Borrowing to maintain minimum cash balance = $26,000
Interest for August = $520 ($26,000 * 2%)
August ending:
Loan balance = $15,420 ($26,000 - $10,580)
Interest for September = $308.40 ($15,420 * 2%)
Randolph Corporation sells a single product at a price of $275 per unit. Variable cost per unit is $135 and fixed costs total $356,860. If sales are expected to be $825,000, what is the company's margin of safety
Answers
Answer:
Margin of Safety = $124,038
Explanation:
Given:
Total Sale = $825,000
Sales price = $275 per unit
Variable cost per unit = $135
Fixed costs total = $356,860
Find:
Margin of Safety
Computation:
BEP Sale = FC / [(Sales per unit - VC) / Sales per unit]
BEP Sale = $700,962
Margin of Safety = Total Sale - BEP Sale
Margin of Safety = $825,000 - $700,962
Margin of Safety = $124,038
What strategy should be applied when other strategies are ineffective and the company needs to change quickly
Answers
Answer:
Plan Carefully. ...
Be as Transparent as Possible. ...
Tell the Truth. ...
Communicate. ...
Create a Roadmap. ...
Provide Training. ...
Invite Participation. ...
Don't Expect to Implement Change Overnight.
Explanation:
9. You are the manager of College Computers, a manufacturer of customized
computers that meet the specifications required by the local university. Over 90
percent of your clientele consists of college students. College Computers is not
the only firm that builds computers to meet this university's specifications;
indeed, it competes with many manufacturers online and through traditional
retail outlets. To attract its large student clientele, College Computers runs a
weekly ad in the student paper advertising its "free service after the sale" policy
in an attempt to differentiate itself from the competition. The weekly demand
for computers produced by College Computers is given by
Q = 1000 - P
and its weekly cost of producing computers is
C = 2 000 + Q²
If other firms in the dustry sell PCs at $600, what price and quantity of
computers should you produce to maximize your firm's profits? What long run
adjustments should you anticipate? Explain. [5 marks]
Answers
To maximise its profit in the market, the company will offer 80 PCs for $360.
CALCULATION
The market for college computers is intensely competitive. The weekly demand curve for computers in colleges is (Q) = 800 - 2P.
P = 400 - 0.5QTotal weekly earnings (TR) = P*Q
TR = 400Q - 0.5Q2MR = 'partialTR / 'MR = 400 - QThe cost of making computers each week is C(Q) = 1200 + 2Q2.
MC = partialC(Q) divided by partialQMC = 4QWhen MR = MC, the company will make the most money. Comparing marginal income with marginal expenditure.
400 - Q = 4QAdd "Q" to both sides.400 = 5QQ=80 computer systems80 units is the ideal output for college computers.
The will decide on the best price at,
P = 400 - 0.5 (80)P = 400 - 40P=$360 for each computer.Total weekly earnings (TR) = 360 * 80
TR = $28800TC = 1200 + 2(80)2TC = 1200 + 12800TC = $14000Total revenue from college computers = TR - TC
Profit: 28800 minus 14,000Gain = $14,800Therefore to maximise its profit in the market, the company will offer 80 PCs for $360.
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in a period of rising prices, the inventory method which tends to give the highest cost of goods sold value is
Answers
Answer:
First In, First Out (FIFO).
Explanation:
FIFO is an acronym for "First In, First Out" and it assumes oldest unit of inventory is sold first, meaning goods that were first added to inventory are the first goods removed from inventory for sale and are recorded as sold first.
FIFO can be defined as an accounting methods used in managing costs related to inventory, stock repurchases at different times and financial activities associated with monetary costs a company had tied up within inventory of feedstocks, raw materials, produced goods, and equipment parts.
Simply stated, FIFO is an accounting methods used for the valuation of the cost of goods sold and ending inventory of a company.
In a period of rising prices, the inventory method which tends to give the highest cost of goods sold value is First In, First Out (FIFO). This is because the more recent costs represent the higher (rising) net income and a higher (rising) inventory valuation costs.
You own a portfolio equally invested in a risk-free asset and two stocks. If one of the stocks has a beta of 1.08 and the total portfolio is equally as risky as the market, what must the beta be for the other stock in your portfolio?
Answers
Answer: 0.92
Explanation:
Beta is a measure of riskiness and Market beta is always 1.
The total portfolio therefore has a beta of 1.
Portfolio Beta is weighted average of the betas of the composite stocks.
The stocks are equally invested in so their weights are 0.5.
Assume the beta needed is x.
(0.5 * 1.08) + (0.5 * x) = 1
0.54 + 0.5x = 1
0.5x = 1 - 0.54
x = 0.46/0.5
= 0.92
Which of these are considered advantages of small business ownership? Check all that apply.
Employees depend on you for their livelihood.
You don't report to anyone else.
Control of your own schedule.
Personal satisfaction from your success.
Answers
The following are considered advantages of small business ownership:
You don't report to anyone else.Control your own schedule.Personal satisfaction from your success.The Benefits of Owning a Small Business:
Control and independence: As a business owner, you have complete control over your revenue, spending, and debt. All crucial decisions are made by you. You are unconcerned by the vagaries of office politics.Freedom and Way of Life: You may work when and where you choose and establish your own hours. If you value family time, you may wish to run your business from home to save a commute. Your company may be a complete manifestation of who you are. Owning your own business, particularly for women, may provide the lifestyle freedom required to raise a family while also having a successful job. Due to a lack of job possibilities and a preference for lifestyle over money, millennials who grew up with computers have resorted to entrepreneurship. Countless Financial Advantages: Assuming you have a high financial risk tolerance, there is no limit to the quantity of sales and profits your firm may generate; and by running your own business, you gain from your own hard work. You may decide to raise and leverage money for your new firm through investor financing rather than your own.Personal Satisfaction, Growth, and Creative Freedom: As a business owner, you should be doing something you like. You may create something that will become part of your legacy, and you can turn your talents, hobbies, and passions into revenue. Finally (and with a little luck), you'll earn personal gratification from executing your ideas, working directly with consumers, and watching your firm thrive.Tax Advantages: Most nations' tax regulations are designed to decrease the taxes paid by business owners, and almost all business costs are often deductible, lowering a company's taxable revenue. Gains are frequently subject to reduced long-term capital gains taxes.Hence, the answer is as mentioned above.
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Vamplife is a company that produces blood for vampire consumption. In this market, assume that there are many firms, entry and exit is relatively easy, and firms sell a homogeneous product. Vamplife is a firm in which market structure
Answers
Answer:
Perfect compitition
Explanation:
From the question, we are informed about Vamplife company which produces blood for vampire consumption. In this market, assume that there are many firms, entry and exit is relatively easy, and firms sell a homogeneous product. In this case, Vamplife is a firm in Perfect compitition market structure. Perfect compitition market structure can be regarded as a theoretical market structure whereby all available firms in the market are selling identical product i.e they sell homogeneous product. In this market all the available firms are regarded as price taker which means the market price of their products cannot be influenced.
Last year, Eric bought a bond for $10,000 that promises to pay him $700 per year. This year, he can buy a bond for $10,000 that promises to pay $800 per year. If Eric wants to sell his old bond, what is its price likely to be?
Answers
Answer:
the price is $8,750
Explanation:
The computation of the price is shown below:
The rate of interest in the last year is
= Paid amount ÷ purchased value of the bond
= $700 ÷ $10,000
= 7%
ANd, in the current year, the rate of interest is 8%
So, the price would be
= Paid amount ÷ current year rate of interest
= $700 ÷ 0.08
= $8,750
Hence, the price is $8,750
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Suppose that Rajiv, an economist from a research institute in Texas, and Simone, an economist from a public television program, are arguing over government bailouts. The following dialogue shows an excerpt from their debate:
Simone: Thanks to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days.
Rajiv: Indeed, it's gotten crazy! A government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets.
Simone: I don't know about that. Without a bailout of severely distressed financial firms, the economy will experience a deep recession.
The disagreement between these economists is most likely due todifferences in scientific judgments .
Despite their differences, with which proposition are two economists chosen at random most likely to agree?
Business managers can raise profit more easily by reducing costs than by raising revenue.
Employers should not be restricted from outsourcing work to foreign nations.
Central banks should focus more on maintaining low unemployment than on maintaining low inflation.
Answers
Employers should not be restricted from outsourcing work to foreign nations.
The proposition are two economists chosen at random most likely to agree: Employers should not be restricted from outsourcing work to foreign nations.
What do you mean by outsourcing?Outsourcing is known to be a kind of an agreement where a single firm tends to hires another firm to be solely responsible for a given planned or existing activity.
Note that Outsourcing is seen as the a business practice where a firm hires a third-party to carry out functions and as such, Employers should not be restricted from outsourcing work to foreign nations. The proposition are two economists chosen at random most likely to agree: Employers should not be restricted from outsourcing work to foreign nations.
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QUESTION 20
Shawn Sine decides to start his own business. How likely is Shawn to still be operating a successful business in five years?
a. It depends on whether it is an e-business or not.
b. It is very unlikely because almost all new businesses fail within the first five years.
c. It is likely because the chance of failure is nearly equal to the chance for success.
d. It is very likely because most small businesses are successful.
e. It is unlikely because well over half of new small businesses fail.
Answers
Based on the fact that this is a new business, in five years, the likelihood of Shawn Sine operating a successful business is c. It is likely because the chance of failure is nearly equal to the chance for success.
How many new businesses survive?It has been shown by research that around 45% of businesses will close down within the first five years.
This means that 55% will still be going. This means that Shawn might be operating a successful business in five years because the chances of failure (45%) are close to those of success (55%).
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An expensive electronics store decides to lower the prices on all of its laptop
computers. According to the law of demand, what outcome can the
electronics store expect?
A) more customers will be interested in buying its laptops
B) The cost of buying laptops from his suppliers will go down
C) fewer customers would be interested in buying its
laptops
D) The cost of buying laptops from suppliers suppliers will go up
Answers
More customers will be interested in buying its laptops is an outcome can the electronics store expect, According to the law of demand.
What is the law of demand?According to the law of demand, demand decreases as prices rise, and demand increases as prices decrease.
For example, if the price of wheat rises then the demand of the rise is decrease and if the price of rice increase the demand of the commodity decrease.
Thus, option A is correct.
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It is _______ for a company to issue equity than debt; it is ________ for an investor to buy equity in a company than debt in the same firm. a. safer; safer b. safer; riskier c. riskier; safer d. riskier; riskier e. none of the above enter a, b, c, d or e
Answers
Answer:
b. safer; riskier
Explanation:
In Business management, there are two (2) main methods that business owners could use to finance their businesses and these includes equity and debt financing.
Generally, any business owner that uses equity to finance its business rather than relying on the use of debt, simply has a lower risk of going bankrupt.
Hence, it is safer for a company to issue equity than debt; it is riskier for an investor to buy equity in a company than debt in the same firm.