Which Of The Following Is Not A Myth About Entrepreneurs? A. Entrepreneurs Are Born, Not Made. B. Entrepreneurs (2024)

Business High School

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Answer 1

It is not a fiction that there is no typical entrepreneur profile or prototype; hence, choice (c) is the appropriate response.

Various entrepreneurial myths

Myth 1: Business owners don't think before they act.

Myth 2: Entrepreneurs are not made, but rather born

Myth 3: Academicians are entrepreneurs.

Myth 4: All you need is money to be an entrepreneur

Myth 5: All it takes to succeed as an entrepreneur is chance

Myth 7: Entrepreneurs strive for achievement yet encounter high. Myth 6: For such an entrepreneurial, knowledge is wonderful.

Who are business owners?

In order to turn an innovation together into successful business, an entrepreneur must first gather and afterwards combine all the required resources (cash, people, a workable marketing strategy, a plan of action, and indeed the capacity for taking risks).

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Related Questions

a preliminary decision of balance between compliance, strategic, and operational projects must be made by

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A preliminary decision of balance between the compliance, strategic, and operational projects must be made by the higher management.

What is compliance?

Compliance refers to the act of adhering to laws, regulations, standards, and ethical guidelines within an organization or industry. It encompasses the policies and procedures that an organization follows to ensure that it is operating within the bounds of the law and ethical principles. Compliance is crucial for protecting an organization from legal and financial risks and for promoting trust in its products and services. Effective compliance management involves continuous monitoring, risk assessment, and communication of compliance requirements to all stakeholders, including employees, customers, and regulatory bodies. Compliance also helps to foster a culture of ethics and integrity within the organization.

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Complete Question:

A preliminary decision of balance between compliance, strategic, and operational projects must be made by _____ management.

a nonprofit organization is considering holding a series of sessions to develop its mission, vision, goals, operation model, and strategic plan. differentiate between planning for charities versus for companies. how will the process be different for the nonprofit?

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The organization's strategic goals will combine performance goals for the charity's mission, financial goals, and fundraising targets.

The non-profit organisation is guided by its mission and its purpose, whereas the for-profit organisation is (often, if not always) directed by its vision and seeks to accomplish a better edition of themself within a. This is the key distinction between these two organisational structures in terms of long planning. A for-profit business seeks to eventually distribute shareholder dividends or profits to owners. A nonprofit's objective is to advance its mission, that includes generating enough revenue to maintain operations. Unlike strategic planning, which is primarily focused on the quantitative side of operations.

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PLEASE ANSWER FAST 40 POINTS!!!!!
In 2015, the US government brought in $3.2 trillion in revenue. This revenue comes from US taxpayers like you and me. However, the same chart illustrates that the government spent $3.7 trillion, resulting in a nearly $500 billion deficit.

Some experts argue that the best solution to reduce budget deficits is to raise taxes, especially on wealthy individuals. This will result in the US government receiving more revenue. Others argue the answer is to cut spending, especially on wasteful expenditures and unsuccessful government programs.

Before you jump to conclusions, think about some of the issues our country has experienced in the past and the issues we are currently experiencing. Choose a side and defend your argument with at least three specific supporting ideas.

Answers

Both expert are right, but, we need to find a balance to manage the budget deficit that the economy is experiencing.

What is the most effective monetary policy to manage budget deficit?

Both tax increases and spending cuts can help to address the deficit, and the appropriate solution depends on the specific circ*mstances and priorities of a given country.

Raising taxes on the wealthy may be necessary to increase revenue and address the deficit, especially if the government is facing significant obligations such as paying for social programs or infrastructure. Cutting spending may be a more effective solution, particularly if the government is spending inefficiently or on programs that are not delivering results.

However, the best approach to reducing budget deficits may involve a combination of both tax increases and spending cuts, along with other measures such as economic growth initiatives and reforms to entitlement programs.

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What is a system to protect people experiencing unfavorable economic conditions?

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A system to protect people experiencing unfavorable economic conditions is commonly referred to as a social safety net or social protection system.

The purpose of a social safety net is to provide a minimum level of income or other forms of support to individuals and families who are facing economic conditions, such as poverty, unemployment, or other forms of distress. This can include programs such as unemployment insurance, food stamps, cash transfers, and other forms of financial assistance. Social safety nets can also include in-kind support, such as access to healthcare, education, and housing. The goal of a social safety net is to prevent extreme poverty, provide a basic standard of living, and reduce inequality. Social safety net programs vary from country to country and are often designed to address specific national needs, but they all aim to ensure that people have access to the resources they need to meet their basic needs and maintain their dignity.

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services are now a larger part of the u.s. gross domestic product (gdp) than goods. the growth of the service sector is the result of

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The growth of the service sector is the result of technological advances and increased consumer demand for services.

Consumers now have access to services such as online banking, streaming media, and ride-sharing that were not available in the past. Furthermore, more people are now employed in service-oriented jobs, such as healthcare, education, and hospitality. The increased demand for services has led to higher wages for service workers, which has helped to boost the overall economy.

Technological advances and increased consumer demand have led to the growth of the service sector, contributing to a larger share of the US GDP than goods.

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Fill The Blank? business executives view foreign direct investment as a way to ___

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Business executives view foreign direct investment as a way to circumvent future trade barriers. Companies can hire skilled workers from the target market or gain access to information that locals have. Companies can benefit from lower costs in some nations, such as cheaper labour.

The competitiveness of businesses can increase. FDI promotes Companies growth. It is a nation's main source of foreign investment and growing revenues. It frequently leads to the opening of factories in the investing nation, where local resources, including materials and labour, are used.

Technical trade barriers (TBTs) may increase the cost of border certification, inspection, and compliance, which encourages MNEs to make foreign direct investments (FDIs) in the host market rather than exporting to that market.

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which of the following is a stakeholder attribute that managers should consider at every step in a stakeholder impact analysis? multiple choice solvency literacy legitimacy supremacy

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One of the stakeholder attributes that managers should consider at every step in a stakeholder impact analysis is legitimacy.

Legitimacy refers to the level of acceptance and support that a stakeholder group has in relation to a particular decision or project. It's important for managers to consider the legitimacy of stakeholders because if a decision or project lacks legitimacy, it may face resistance or opposition, leading to potential delays or even failure. Understanding the level of legitimacy among stakeholders can help managers anticipate and address any potential issues early on, ensuring the success of the decision or project.

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Place the operating cycle for a merchandiser in the correct order.
(a) cash purchase of merchandise
(b) inventory for sale
(c) credit sales
(d) accounts receivable
(e) receipt of cash from credit sales

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The steps of a merchandiser's operational cycle, in the correct order, are: (a) cash purchase of goods (b) inventory for sale (c) credit sales (d) accounts receivable (e) cash receipt from credit sales

What is a merchandiser's operational cycle?

A merchandising company's standard operational cycle begins with cash on hand, is followed by inventory purchases, product sales to clients, and payment collection from those customers. Product purchases, inventory building, and cash sales make up the operating phases of a merchandiser who only accepts cash payments.

What actions are included in the marketing process?

The process of marketing product and service sales to keep and grow customer activity in a retail context is known as merchandising. Marketing's main goal is to increase consumer spending in order to lower the amount of stock that retail companies are keeping on hand.

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What is the amount a business receives from the sale of an item?

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selling price the amount a business receives from the sale of an item of merchandise The money that is brought by the business activities of a company is known as revenue.

Revenue is of two types i.e. operating revenue and non-operating revenue. The money that is brought by the business activities of a company is known as revenue .Revenue is the money generated from normal business operations, calculated as the average sales price times the number of units sold. It is the top line (or gross income) figure from which costs are subtracted to determine net income. Revenue is also known as sales on the income statement. Revenue is money brought into a company by its business activities. There are different ways to calculate revenue, depending on the accounting method employed. Accrual accounting will include sales made on credit as revenue for goods or services delivered to the customer. Under certain rules, revenue is recognized even if payment has not yet been received.

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Explain whether it is acceptable for different economists to arrive at different conclusions using the same data. (1 point)

A.) It is not acceptable. There is only one truth to how economies function, and economists should be able to discern this one truth.

B.) It is acceptable. The main reason for this is that society does not know which economic theories work best and different schools of
economic thought rely on different understandings of behavior.

C.) It is acceptable. The main reason for this is that economic data relies on samples and imperfect data collection, and economists use different statistical methods of accounting for this.

D.) It is only acceptable when economists are making predictions about the future; economists should reach the same conclusions in assessing the past since all information about the past is available.

Answers

B. It is acceptable. The main reason for this is that society does not know which economic theories work best and different schools of

economic thought relies on different understandings of behavior.

What is economics?

The social science of economics focuses on the creation, exchange, and consumption of goods and services. Economics is the study of how economies function and the activities and interactions of economic agents.

In conclusion, economics is the study of scarcity and how it influences the utilization of resources, the creation of goods and services, the expansion of production and well-being over time, as well as many other significant and intricate societal issues.

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How can a business measure it’s success?

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1. Sales revenue - income received by the company by selling goods and services.
2. Market share- means the sales of the company measured as the percentage of the total sales in industry
3. Customer satisfaction- the measure of how satisfied customers are with your business

a company manufactures industrial ladders. an employee is concerned that consumers who do not understand ladder safety will purchase these extra-tall ladders and injure themselves. assuming the ladders are not changing, during which phase of the strategic marketing planning process should this issue be addressed?

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a company manufactures industrial ladders. an employee is concerned that consumers who do not understand ladder safety will purchase these extra-tall ladders and injure themselves. assuming the ladders are not changing, during which phase of the strategic marketing planning process should implementation be addressed.

During the third phase, which includes the process of implementation and the completion of the design work, the project strategy will be put into action. It is essential to maintain autonomy and interact when necessary throughout implementation. Development is constantly monitored, and any necessary adjustments are made and reported as deviations from the initial plan. Throughout the project application, employees carry out the responsibilities, and information regarding advancement is shared during regular team conferences. By comparing the development results to the implementation plan in order to calculate the project activity presentation and take the necessary action, the project manager asserts that he or she can maintain control over the majority of the project path.

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Is Nova Southeastern University College of Osteopathic Medicine a good school?

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Nova Southeastern University College of Osteopathic Medicine is a good school of Osteopathic Medicine. The college is ranked No. 94-124 in the category of Best Medical Schools: Primary Care and No. 95-124 in the category of Best Medical Schools: Research.

Schools are rated based on how well they perform against a set of generally recognized measures of quality.

Osteopathic medicine students, postgraduate trainees, physicians, and other professionals get learner-centered instruction from the Dr. Kiran C. Patel College of Osteopathic Medicine (KPCOM) at Nova Southeastern University. The College of Osteopathic Medicine's world-class doctoral and master's degree programs prepare to care, for well-respected leaders in healthcare and develop capable lifelong learners through its interprofessional programs.

Osteopathy is a kind of complementary medicine that places a strong emphasis on the physical manipulation of the bones and muscles of the body. Osteopaths are individuals who practice osteopathy. The primary set of osteopathy procedures is called osteopathic manipulation.

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some investors are limiting their investments to securities (e.g., stocks and bonds) that coincide with their beliefs about ethical and social responsibility. this is called .

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some investors are limiting their investments to securities (e.g., stocks and bonds) that coincide with their beliefs about ethical and social responsibility. this is called : social investing

Socially responsible investing (SRI), social investment, sustainable social consciousness, "green," or ethical investing is any investment strategy that aims to include both financial return and social/environmental benefit in order to bring about societal change that proponents view to be favourable. Socially aware investments usually make up a tiny part of the total amount of money that businesses invest and are challenging.

Recently, it has also been referred to as "sustainable investing" and "responsible investing." Another subset of SRI called "impact investing" focuses on the intentional creation of social impact through investment.

In general, socially responsible investors back corporate practises that they believe encourage racial or gender diversity, consumer protection, human rights, and environmental stewardship.

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which of the following is a subclassification of assets in the balance sheet? group of answer choices cash and cash equivalents revenue current assets disposable assets

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Option c. Current assets is a subclassification of assets in the balance sheet.

What are current assets ?

A corporation expects to use up or sell a current asset, also known as a liquid asset, within one fiscal year or operational cycle. On the other hand, non-current assets are long-term assets that are difficult to quickly turn into cash within a year.

Current assets are items that a corporation utilises, replaces, or turns into cash during a typical operating cycle. They are also known as short-term assets (typically less than 12 months). It sets them apart from long-term assets, or those that a company uses for longer than a year.

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the huge department store sale didn't go well because there weren't enough salespeople to serve customers. many customers took to social media to complain. which action is most likely to discourage customers from returning?

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Due to a shortage of salespeople to assist clients, a recent large department store sale failed. Customers expressed their disappointment and discontent as a result of social media.

Knowing what acts are most likely to turn away clients is crucial for preventing this from happening again.

Poor customer service is the most efficient way to stop customers from coming back. This could involve a lack of customer service, uncooperative employees, and unprofessional or rude conduct.

Customers may feel neglected or disrespected if complaints are not promptly addressed, which can also be negative. Finally, it might be damaging to make clients wait too long for their purchases or break promises.

The best strategy to keep clients away is, ultimately, to give them a bad experience.

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from the pre- and post-service view, transportation service, training service and consulting and technical services would be considered a. pre-production service b. a production process c. post-production service d. value creation

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From the pre- and post-service view, transportation service, training service, and consulting and technical services would be considered post-production services.

What are post-production services?

The addition of some processing work to make a photograph look fantastic is known as post-production. In other words, it is a method of modifying photos using a large sample size and several editing techniques including background removal, picture masking, photo retouching, etc. The process of post-production is essential to the creation of films, videos, and photographs. Simply explained, using a high-resolution camera to take pictures is insufficient right now. Anyone today cannot deny the existence of editing or photo retouching; every time we take a snapshot of anything, we must alter it to make it more attractive and distinctive to the eye.

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if the price of gasoline increases, it will encourage oil suppliers to open more gas stations or keep existing gas stations open longer hours. group of answer choices true false

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False. An increase in the price of gasoline typically results in a decrease in demand for gasoline, as consumers may switch to alternative forms of transportation or reduce their driving habits.

In response to this decrease in demand, oil suppliers may decide to close some gas stations or reduce the operating hours of existing stations. The increase in price may also encourage new entrants into the market, as the higher prices make it more profitable to supply gasoline.

However, it is important to note that the relationship between gasoline prices and the number of gas stations is complex and may be influenced by a variety of other factors, such as the availability of alternative forms of transportation, the cost of operating a gas station, and local regulations. Additionally, the behavior of oil suppliers may be influenced by their expectations about future changes in demand and supply, which can be influenced by a range of factors such as economic conditions, technological innovations, and public policy decisions.

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if the price of a pizza is $10, your income elasticity of demand is as your income increases from $20,000 to $24,000. however, if the price of a pizza is $14, your income elasticity is .

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The term "income elasticity of demand" describes how responsive a given good's quantity demand is to changes in the real income of the customers who purchase such.

The phrase "income elasticity of demand" describes how responsively a quantity of an item or service is required to change income from an economic perspective.

Calculating the income elasticity of demand is done using a formula that compares the percentage change in quantity demanded to the percentage change in income.

A change in consumer income causes demand for a given product to alter more dramatically the higher the income elasticity.

Here is how the income elasticity of demand is represented mathematically:

Income elasticity of demand (YED) is defined as the ratio of changes in quantity demanded and income.

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When the price of chocolate-covered peanuts decreases from $1. 10 to $0. 95, the quantity demanded increases from 190 bags to 215 bags. If the price is $1. 10, total revenue is _____, and if the price is $0. 95, total revenue is _____

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When the price of peanuts decreases from $1. 10 to $0. 95, the quantity increases from 190 bags to 215 bags. If the price is $1. 10, total revenue is $209, and if the price is $0. 95, total revenue is $202.25 .

To calculate total revenue, we multiply the price of the product by the quantity demanded. Total revenue can be seen as a measure of a firm's sales and the total amount of money that it receives from the sale of its goods or services.

At a price of $1.10, the total revenue is:

$1.10 x 190 bags = $209.00

At a price of $0.95, the total revenue is:

$0.95 x 215 bags = $202.25

So when the price decreases from $1.10 to $0.95, the total revenue decreases from $209.00 to $202.25.

This may seem counterintuitive, but it is important to remember that the decrease in price led to an increase in quantity demanded, and even though the price per unit is lower, the overall revenue has decreased because the firm is selling a larger quantity of the good at the lower price.

In conclusion, the law of demand is a key concept that helps to explain how changes in price affect the quantity demanded for a good or service, and how these changes can impact a firm's total revenue.

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managerial non-programmed decisions can be best described as: group of answer choices non-routine and unusual operational decisions complex but with all information available standard, daily day in, day out decisions

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Option first is correct. Unprogrammed administrative decisions are best described as non-routine and unusual operational decisions.

Unprogrammed decisions are also called strategic decisions. Strategic decisions concern the entire environment in which the company operates, all the resources and people that make up the company, and the interfaces between the two.

Examples of unprogrammed decisions include deciding to acquire another organization, deciding which global market offers the most potential, or deciding to sell an unprofitable vision. Such decisions are one-time only and will not be repeated.

programmed decisions concern relatively mundane matters. They are structured and repeated. Unprogrammed decisions include idiosyncratic decision-making and anomalous problems that are not repetitive and well-defined.

Managers must come up with creative ideas as there is no standard solution to non-programmable decisions. Brainstorming is the most popular way to spark creativity.

Unprogrammed decisions are made for novel, unstructured problems that are inherently complex and of great importance. The nature of the problem, how prevalent it is, and the level of underlying uncertainty determine at what level of management decisions should be made.

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leo foods is an eatery that sells organic food. it opens a number of outlets across the state, creates a website that makes ordering and take-away easy, and also does not charge a delivery fee for its regular customers. which step of the consumption chain does this scenario depict?

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The given scenario depicts the distribution step of the consumption chain.

This is where the goods or products are made available to customers through a variety of channels, such as retail outlets, websites, or delivery services. In this scenario, Leo Foods opens multiple outlets, creates a website for easy ordering and take-away, and offers delivery services without charging a fee for regular customers. All of these actions fall under the distribution of their organic food products to customers.

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a graphical representation of a project that shows each task as a horizontal bar whose length is proportional to its time for completion defines:

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PERT ( Program Evaluation Review Technique) ( Program Evaluation Review Technique) Three estimates are used in PERT for each activity.

Program Evaluation Review Technique is what it's called. PERT charts are tools for planning project tasks that make it simpler to schedule and manage team members working on the task at hand. PERT is a project management planning technique used to estimate how long it will take to complete a project in a reasonable amount of time. Thus, PERT is a method for analysing and organising the tasks involved in finishing a project, for estimating the time required to accomplish each work, and for calculating the minimum amount of time required to finish each project.

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a claim of sexual harassment from a sales representative working for your firm creates a potential liability that has ramifications in terms of: (select all the answer options that are correct)

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Lost time working on productive endeavors, the emotional toll on other employees involved in the investigation, and Financial loss if the claim is proven true. Thus option d is correct.

Harassment is defined as unwanted behavior that causes another individual to feel offended, embarrassed, or intimidated. Instances, where the victim feels threatened, intimidated, or degraded, are also included, such as when a relationship is required for work.

You must notify the firm of the harassment even if there isn't a formal complaint process in place. If the person's or company's assertion of monetary loss is proven to be accurate, it will be made.

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The complete question is-

a claim of sexual harassment from a sales representative working for your firm creates a potential liability that has ramifications in terms of

a. Lost time working on productive endeavors

b. the emotional toll on other employees involved in the investigation

c. Financial loss if the claim is proven true.

d. All the above

governments sometimes set up a natural monopoly when a venture ______.

Answers

A natural monopoly is when a single corporation or entity has exclusive control over a particular product or service.

Here, correct answer will be

Governments may create a natural monopoly when a venture is either too expensive or too complex for multiple companies to provide. This happens when the cost of production is so high that it would not be economically b for multiple companies to provide the same services or products.

For example, the construction of a bridge may require an enormous financial investment and a large labor force, making it too costly for any new competitors to enter the market. Therefore, the government may create a monopoly to ensure the completion of the project.

The government may also establish a natural monopoly when the venture requires a large number of resources or specialized knowledge. For example, a telecommunications companies may require a large network of infrastructure and a specialized understanding of the technology.

Therefore, it may be more efficient for one company to provide the services rather than multiple companies. In such cases, the government may create a monopoly to ensure the efficient delivery of the service.

Overall, natural monopolies are created by the government when a venture is either too expensive or too complex for multiple companies to provide. The government may also create a monopoly when the venture requires a large number of resources or specialized knowledge. Natural monopolies help.

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to the best of your knowledge and belief, are you aware of any contract or agreement with your current employer (or other company), such as a non-solicitation agreement, that might impact or interfere with your ability to communicate with former colleagues about working at the company?*

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There is a non-solicitation agreement imposed by banks to their employees intended to protect the knowledge, skills, and contacts of the employees and clients, as well as the interests of the banks.

a non-solicitation agreement is a contract that prohibits employees or former employees from working for competitors, revealing confidential information, or even from encouraging other employees to leave the company.

This type of agreement can limit an employee's ability to communicate with former colleagues about working at the company, as it would be considered a violation of the agreement if the employee was found to be encouraging or recruiting their former colleagues to join the company.

It is common for banks to impose non-solicitation agreements on their employees. These agreements typically forbid the employee from working for other banks or from encouraging other employees to leave the company.

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g. assume that trevino concludes that it can sell 10,000 units of product for $80 each. recall that variable costs are $30 each and fixed costs are $280,000. compute the margin of safety in units and dollars and as a percentage.

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When the sales price is $80 per unit, the variable cost is $30 per unit, and the fixed costs are $280,000, then the margin of safety will be,

In Units- $50 per unitIn Dollars- $352,000As a percentage- 44 percentage

The margin of safety in the above situation can be computed using the methods shown below,

Contribution Margin (Unit) = Sales Price – Variable cost

Contribution Margin (Unit) = 80 – 30

Contribution Margin (Unit) = $50

Fixed Cost is $280,000 (given)

Break-even Point in Units will be $80-$30

Contribution per each unit is $50

So, the margin of safety in units will be,

Margin of Safety in Units = Projected Sales – Break-even Sales

Margin of Safety in Units = 10000 – 5600

Margin of Safety in Units = 4400 units

Margin of Safety (Dollars) = Margin of Safety (Units) x Sales Price (Unit)

Margin of Safety (Dollars) = 4,400 units x $80

Margin of Safety (Dollars) = $352,000

Margin of Safety in % = Actual Sales – Break-even Sales

Margin of Safety in % = (10,000-5,600) / 100

Margin of Safety in % = 4400 / 100

Margin of Safety in % = 44%

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on december 10, a company pays $500 for advertising to appear on december 20. on which date should the expense be recorded under accrual-basis accounting? multiple choice one-half on each date. december 20. none of the choices are correct. december 10.

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Under accrual-basis accounting, the expense should be recorded on December 10.

Accrual-basis accounting records financial transactions when the obligations are incurred, regardless of when the cash is received or paid. In this case, the company incurred the obligation to pay for advertising on December 10, even though the payment will not be made until December 20. Therefore, under accrual-basis accounting, the $500 expense should be recorded on December 10. This provides a more accurate picture of the company's financial performance and obligations at a given point in time, as opposed to only considering cash transactions. Accrual-basis expense accounting is generally considered to be a more comprehensive and accurate method of accounting, but it requires careful attention to the timing of transactions and their associated obligations.

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The complete Question is:

On December 10, a company pays $500 for advertising to appear on December 20. On which date should the expense be recorded under accrual-basis accounting?

A. December 10

B. December 20

C. January 1

D. None of the above

the tactic used for the socialization of terrorists and torturers where trivial requests are gradually worked up to more significant demands is known as the _____ technique.

Answers

the tactic used for the socialization of terrorists and torturers where trivial requests are gradually worked up to more significant demands is known as the Graduated Pressure technique.

Here, correct answer will be

The Graduated Pressure technique is a tactic used for the socialization of terrorists and torturers.

It is an attempt to gradually gain compliance by starting with a series of small, trivial requests, and then gradually working up to more significant demands. This technique relies on the idea that people, especially those who may be more resistant to authority, respond better to gradually increasing requests than to sudden, large demands.

This technique is designed to increase the likelihood of compliance by making the requests more palatable and easier to follow. As the requests increase in size and intensity, the pressure on the target increases, making it more likely that they will comply.

This technique is seen as a way to socially "condition" individuals to obey authority, or to accept certain beliefs or behaviour . It is often used in situations where there is a high degree of resistance to authority, and can be used to gain information from those who may be reluctant to disclose it.

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which aspect (type of projection) would most accurately present the major corn production zone is the united states

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The Lambert Conformal Conic projection is now a standard projection for mapping large areas (on a small scale) in the mid-latitudes, including the United States, Europe, and Australia.

Lambert conformal conic is a conic projection. All meridians are equally spaced straight lines that meet at a common point, which is the nearest pole to the standard parallels. The parallels are represented as circular arcs centred on the pole. Their spacing increases as they move away from the standard parallels.
A Lambert projection depicts the map as a conic shape. The shape and size of the Northern Hemisphere are preserved by this map. Pilots frequently use this map due to its accuracy.
The polyconic projection is commonly used by the Survey of India in India (SOI). All SOI toposheets are in the polyconic projection. Map Scale is the ratio of distances on a map to distances on the earth's surface.

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Which Of The Following Is Not A Myth About Entrepreneurs? A. Entrepreneurs Are Born, Not Made. B. Entrepreneurs (2024)

FAQs

Is it true that entrepreneurs are born and not made? ›

In conclusion, success in any field of life is not due to inborn traits. Rather it is achieved through experiences, knowledge and passion. The same goes for business. Entrepreneurs are not marked from birth; they are people who made a series of good decisions in their businesses and lives.

Which of the following is not true about an entrepreneur? ›

Answer: The statement that is not true for entrepreneurs is (c) They do not create jobs. Explanation: Entrepreneurs are individuals who create and operate their own businesses or startups, taking on financial risks in the pursuit of profits and innovation.

Are entrepreneurs born theories? ›

The claim that “entrepreneurs are born, not made” captures the idea that entrepreneurial ability is largely determined by a person's inborn characteristics. Despite longstanding scholarly interest in assessing the validity of this claim, the belief that entrepreneurial ability is inborn remains largely unexamined.

Is there such a thing as a natural born entrepreneur? ›

Successful entrepreneurs are indeed born, and they need to apply their traits a certain way. However, no one is born with all the traits necessary to be 100% successful on their own. There is no “one-man band” in entrepreneurship.

Are innovators born or made? ›

“It is important to remember that creativity and innovation are things that can be cultivated,” said Dyer. “Only one-third of the ability to think creatively comes from our genetics, the other two-thirds of the innovation skill set come through the learning and practice of these five discovery skills.” Dr.

Are entrepreneurs born or made JIS? ›

While some people may have inherent traits that make them more inclined towards entrepreneurship, such as creativity, risk-taking, and a strong work ethic, many entrepreneurs are made through a combination of experiences, education, and personal development.

Which is true about entrepreneurs? ›

Answer and Explanation:

Entrepreneurs decide what goods or services their company produces because they shape the company from the beginning. Being an entrepreneur is one of the riskiest ways to enter the market.

Which one is not a characteristic of an entrepreneur? ›

Entrepreneur is often aware of the business environment with immense product knowledge, the acceptance of the product or service is known by the feedback of the same, and desire for immediate feedback is not a typical characteristic of an entrepreneur.

What is not an entrepreneur? ›

If you go to work every day for someone else and collect a paycheck. You're not an entrepreneur. With this said, there are two types of entrepreneurs, successful ones, and failures. Being an entrepreneur is hard enough, but being a successful one, that's an entirely different discussion.

Are entrepreneurs born or made the guardian? ›

He said many entrepreneurs are born with that ability of remaining focused, and many of them had the advantage of growing up in homes where their guardians were entrepreneurs. In other words, they also started early.

Are some people born to be entrepreneurs? ›

Passion for the enterprise only emerges once the entrepreneur has focused on the prize. Therefore, qualities like teamwork and leadership, honesty, and dedication are not innate but developed over time. So, the answer to our original question—"Are entrepreneurs born or made?" is that they are made.

Are entrepreneurs born or made pdf? ›

one can conclude that entrepreneurs are neither made purely nor born. reinforcement, organizational learning, Education. of its origin. Entrepreneur is a French word, and it actually meant the economic literature.

Are entrepreneurs made and not born? ›

Entrepreneurs are not born; they are made with the right mindset and the right skillset. They need to know how to set priorities, stay disciplined in their work habits, and execute their plans. If you want to be an entrepreneur then you need to practice self-discipline.

Which of the following is not true for an entrepreneur? ›

Option "a. they will always make a profit" is not true for entrepreneurs. It is incorrect to say that they are always profitable. Sometimes or most of the time, they encounter loss.

What is an example of a born entrepreneur? ›

EXAMPLES OF BORN ENTREPRENEURS

Richard Branson was an academic failure, yet he had the ability for spotting commercial opportunities from a young age – starting with a school paper, and moving on to setting up a huge business empire. Steve Jobs is another example.

Is entrepreneurship born or learned? ›

Becoming a successful entrepreneur requires a combination of innate qualities and acquired competencies. While some may have a natural inclination, hard work, learning, and adaptation are also crucial on the journey to success.

Are successful entrepreneurs born or made forbes? ›

These folks become determined to take on the entrepreneurial persona, persevering to make it happen, whatever the “it” is. Because here is the key — whether born or made, every successful entrepreneur must have both conviction and commitment to the work, perseverance, and effective communication skills.

Can anybody become an entrepreneur? ›

Yes, anyone can be an entrepreneur, but not everybody is going to have the same level of success. Entrepreneurship takes a lot of experience, determination and sometimes education. There are no prerequisites to becoming an entrepreneur, though, and there are successful entrepreneurs from every demographic.

Are entrepreneurs made or born pdf? ›

one can conclude that entrepreneurs are neither made purely nor born. reinforcement, organizational learning, Education. of its origin. Entrepreneur is a French word, and it actually meant the economic literature.

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