Many entrepreneurs go in business for themselves because they need too many creative ideas to take a seat in an office and conceal their ideas. Owning a business gives them a way of stability for his or her future and also the way forward for their families, and that they have created businesses to assist provide for his or her retirement or an inheritance for his or her children.
They're extremely pleased with the companies they need created and are in it for the long-term.
Help people For some people, a way of purpose and work that matters is one in every of the most reasons they are going into business for themselves. Financial benefits In addition to having no income cap, many folks are self-employed due to the various tax deductions available to entrepreneurs. . Own investments Not everyone wants to figure for somebody else. Some individuals want to take a position in themselves by taking the danger to reap the rewards of entrepreneurship. No routine Some people just aren't cut out for the 9-5 cubicle life. These people crave change and days that are different from one another each day. Business ownership gives them that chance. Travel When you work for yourself, you'll travel the maximum amount or as little as you would like. you do not need to worry about depletion all of your PTO days because you'll be able to come and go as you please. Meet new people Entrepreneurs can often network quite others. Through their craft, they meet more people and infrequently make lifelong friends. Create tasks Individuals often opt to own a business to make jobs for others and to mentor and coach others. If you have got a leadership mentality, entrepreneurship could also be for you! . Deeper relationships with clients When you are a business owner, you've got the chance to urge closer to your clients because they directly represent the expansion and success of your business. Thought leadership within the field Have you ever been the victim of bad service over and all over again within the same industry? Business ownership gives you the chance to become a concept leader in any industry. you have got the facility to alter the way the industry is surpass leading it yourself! Learn continuously When you are a business owner, you're always learning new things. This goes hand in hand with the very fact that no 2 days are precisely the same. you retain your brain guessing and never stop learning new skills. Work from anywhere Many people are turning to business ownership in order that they can work from anywhere. Work from the beach, the mountains or your lounge. The word truly is your oyster. . Make a reputation for yourself Business owners exerting to form their own personal brand to draw in new clients to their companies.Learn more about Business entrepreneurs
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why are patience and perseverance necessary for success
a decrease in supply will have what effect on equilibrium price and quantity? a.price will increase; quantity will decrease. b.both price and quantity will decrease. c.both price and quantity will increase. d.price will decrease; quantity will increase.
A decrease in supply will increase the equilibrium price and reduce the equilibrium quantity (option A).
What is the effect of a decrease in supply?A decrease in supply of a good is caused by other factors other than the price of the good. When there is a decrease in supply, there would be a leftward shift of the supply curve.
When there is a decrease in supply, there would be an excess of demand over supply, this would lead to an increase in the price of the good due to increased competition among consumers. There would also be a decrease in the equilibrium quantity.
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Fast bean sells coffee to fred to brew and drink at home. this is an example of business-to-______ marketing.
a. vendor
b. business
c. consumer
d. producer
Fast bean sells coffee to fred to brew and drink at home. this is an example of business-to-consumer marketing.
What is business-to-consumer marketing ?The process of selling items and services directly between a business and consumers who are the end-users of its products or services is referred to as business-to-consumer (B2C).
The majority of businesses that sell directly to consumers are classified as B2C.
B2C became extremely popular during the late 1990s dotcom boom, when it was mostly used to refer to online retailers who offered items and services to consumers via the internet.
Business-to-consumer refers to the process of businesses selling products and services directly to consumers, without the need of a middleman.
B2C refers to online sellers who sell products and services to customers via the internet.
Online B2C posed a threat to traditional retailers, who benefitted from adding a markup to the price.
However, companies such as Amazon, eBay, and Priceline have thrived, eventually becoming industry disruptors.
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Characteristics of a functional financial market include being of sufficient size, liquidity, and _____. (Select all that apply.)
A healthy financial market has the following characteristics: enough size, liquidity, operational effectiveness, safety, and transparency.
How Do Financial Markets Work?Financial markets, which include the stock market, bond market, currency market, and derivatives market, among others, are any marketplace where trading in securities takes place. For capitalist economies to run smoothly, financial markets are essential.
What Kinds of Financial Markets Are There?
The stock market, bond market, foreign exchange market, commodities market, and real estate market are a few examples of financial markets and their functions. Financial markets can also be divided into listed vs. OTC markets, primary vs. secondary markets, capital markets, money markets, and listed vs. money markets.
How Do the Financial Markets Function?
All financial markets operate primarily by bringing together buyers and sellers of some asset or contract and allowing them to transact with one another, despite encompassing a wide range of asset classes and having a variety of structures and laws. This is often done through an auction or price-discovery method.
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What term describes the hosting and management of multiple virtual desktops on network servers?
The correct answer is Virtual Desktop Infrastructure (VDI).
The desktop environment and related application software are separated from the physical client device used to access them thanks to a software technology called desktop virtualization.
The process of creating and maintaining virtual desktops using virtual machines is known as virtual desktop infrastructure (VDI). VDI provides desktop environments on a centralized server and makes them available to end users upon request.
What distinguishes virtual desktop infrastructure (VDI) from VDI?A VM is a virtualized computing environment that functions as a conventional physical computer and has its own CPU, memory, storage, and network interface. In contrast, VDI makes use of VMs to create and administer virtual desktops and applications.
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If there are unemployed resources, then we are producing at a point inside the production possibilities frontier. True or false?.
True, If there are unemployed resources then we are producing at a point inside the production possibility frontier.
Underemployment or underutilization of resources is represented by a point inside the frontier. The frontier indicates the maximum productivity feasible given the resources at our disposal, thus if we are not using those resources, we are not generating as much as we could. As a result, we are currently producing at a point inside the frontier of production possibility.
For eg: - If an economy could produce 6 kg wheat and 6 kg rice, it might produce only 4 kg wheat and 4 kg rice. In this scenario, resources in the economy would not be completely utilized, or to put it another way, they would be underutilized.
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A bond that is secured only by the faith and credit of the issuing corporation is referred to as a(n)?
Unsecured debt comes in the form of debentures (in American usage). The most popular type of bond issued by businesses and governments is the debenture.
Mortgage bonds are a typical name for these kinds of secured bonds. Bondholders have the right to foreclose on the property used as collateral to recoup their payment obligations in the event that the company fails to make principal or coupon payments.
Secured corporate bonds are backed by assets that the issuer may sell to pay you back in the event that the bond is not paid when due. For instance, a factory or piece of industrial machinery could support a bond.
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Maralee has been approached by j. fox entertainment to perform an audit of her theatre company. maralee has never audited a theatre company before. maralee can:________
In the case above, Maralee can accept the engagement if she can be able to have the needed knowledge before the end of the given engagement.
What is an audit defined as?Auditing is known to be a term that connote a kind of on-site verification work that entails inspection as well as examination.
Note that it is often seen as the act or a from of quality system that helps to make sure that company or organization are in compliance to the needed requirements.
Since an audit is said to be "independent testing of financial information of any firm, one can say that In the case above, Maralee can accept the engagement if she can be able to have the needed knowledge before the end of the given engagement.
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The iterative process of consensus building involves _____ and _____. (choose 2)
The iterative process of consensus building involves trial and error style cycles.
The primary approach to problem-solving is trial and error. It is characterized by numerous, diverse attempts that are made repeatedly until success—or until the practitioner gives up—comes to pass.
The iterative approach is typically used by business development and marketing research professionals to handle design issues, enhance corporate strategy, maximize product features, or fast respond to market changes. The technique is adaptable to a wide range of industries and uses.
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Suppose there is an early freeze in california that reduces the size of the lemon crop. What happens to consumer surplus in the market for lemons?.
If there is an early freeze in California that decreases the size of the lemon crop. The consumer surplus in the market will decrease.
Consumer advantages from the market competition are measured economically as consumer surplus. When customers pay less for a good or service than they are willing to pay, this is known as a consumer surplus.
It is determined by calculating the equilibrium price, which is the gap between what consumers are willing to pay and what they actually pay for a commodity.
For instance, suppose you paid $100 for an airplane ticket to Disney World during the school holiday week, while anticipating and being prepared to spend $300 for one. Your consumer surplus is $200.
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Much of your workplace communication will occur during in-person or online meetings. if you're leading a meeting, you can help to make sure it's productive by?
Much of your workplace communication will occur during in-person or online meetings. If you're leading a meeting, you can help to make sure it's productive by preparing carefully .
Face-to-face communication: what is it?When two or more people are present for each other's interactions, face-to-face engagement and conversation takes place. This conversation might occur in person or online.
Face-to-face conversations frequently result in more effective communication than written or audio-only ones. This is because seeing one another makes it easier for us to read body language and nonverbal signs. Additionally, since a lot of communication takes place nonverbally, being able to see one another improves our understanding of one another.
Effective team members understand that face-to-face interaction strengthens their bonds with their leaders.
For instance, you are aware that it is best to speak with an employee face-to-face when you need to have a difficult talk.
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Which of these are benefits of a job as the term is used in this lesson? (1
O a high hourly wage
O an office in a great neighborhood
O working for a good cause
O a 401(k) plan
Answer:
high Hourly wage
Explanation:
Answer:
D. a 401(k) plan
Explanation:
Home hoarding realty is advertising to the public that their managing broker has been in the business 37 years and has sold over 1,250 homes. this is an example of?
The correct answer is institutional advertising.
Institutional advertising is defined as promotional efforts meant to enhance a brand's reputation, create a favorable perception of a brand, or motivate consumers to support a particular brand or institution.
What kinds of advertisements are used in institutions?Radio, television, print, and internet media are the most popular forms of institutional advertising because they allow businesses to communicate their message through discourse. Non-conventional media is also included in public spaces.
What is the objective of institutional advertising?Institutional advertising works to improve a company's reputation as a whole rather than just one particular item or service. The company also works to promote its concepts and values, as well as its goal and vision.
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The cash flows associated with normal business activities are included in the cash flows from __________ section of the statement of cash flows.
The cash flows associated with normal business activities are included in the cash flows from operating activities section of the statement of cash flows.
Where does a business's normal cash flow originate from?The selling of assets, enterprises, and securities generates cash inflows. Investors frequently keep an eye on capital expenditures made for a company's physical assets' upkeep and expansion in order to support operations and competitiveness. Investors may therefore observe how a firm is putting money into itself.
Purchasing or selling of property, plant, and equipment (PP&E), other non-current assets, and other financial assets all contribute to investing cash flows.
Investment profits and losses are shown in the second area of the cash flow statement, which is the cash flow from investments. The final element, which summarises the cash utilised from loan and equity, is cash flow from finance.
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Tom produces baseball gloves and baseball bats. Steve also produces baseball gloves and baseball bats, but tom is better at producing both goods. In this case, trade could.
In this case, trade could benefit both Steve and Tom.
What is trade?
Trade, which is typically done in exchange for money, is the transfer of goods and services from one person or institution to another. Economists refer to a system or network that allows trading as a market.
While Tom makes baseball bats and gloves. Baseball bats and gloves are another product that Steve makes, but Tom excels at both. Here, a trade might be advantageous to both Tom and Steve. The fundamental reasoning behind this response is that even though Steve is not better at making baseball gloves and bats than Tom, he can still compete with him because Tom's higher-quality goods will encourage Steve to produce something slightly more superior in order to keep him in the market and in the competition. However, when Steve isn't creating as many high-quality goods, Tom will get a competitive advantage, which will undoubtedly assist him to increase his revenues and win over more devoted clients. As a result, in this cycle, both Steve and Tom will benefit.
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Globalization resulted in a decrease in non-u. S. Firms’ investment across national borders. True or false?.
The given statement is (false) .
Globalization ,actually increase the investments around the world and also in the US Systems. As businesses operate globally and increase their international investment out of a shared interest and the necessity to remain globally competitive, globalization and international investments are intertwined and feed into one another.
As a result of these behaviours, nations' cultures become more similar over time, and their economies become more interconnected and more susceptible to the same problems.
Globalization is an economical concept or process by which people and it’s goods can easily cross international borders and make people more connectable, which also helps in building a nation’s economy.
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Which is the most effective professional leadership and management strategy nurses implement to improve safety and quality of patient-centered care?
The most effective professional leadership and management strategy which nurses implement to improve safety and quality of patient-centered care is: 3. Delegation.
What is leadership?Leadership can be defined as a strategic process that involves the act of motivating, encouraging and inspiring a group of people (followers or employees) that are under you to become innovative, create positive changes that fosters growth and development and significantly enhance the success of your business firm or company in the future.
The types of leadership style.Basically, there are five (5) main types of leadership style and these include:
Authoritarian leadership.Participative leadership.Transactional leadership.Transformational leadership.Delegative leadership.What is a delegative leadership style?A delegative leadership style is also referred to as laissez-faire leadership and it typically involves a leader assigning roles, tasks or decision-making responsibility to a highly qualified and competent subordinate.
In this context, we can reasonably infer and logically deduce that the most effective professional leadership and management strategy which nurses implement to facilitate safety and high quality of patient-centered care is delegation.
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Complete Question:
Which is the most effective professional leadership and management strategy nurses implement to improve safety and quality of patient-centered care?
1 Autonomy
2 Guidance
3 Delegation
4. Accountability
If revenues equal $100,000 and expenses equal $120,000, then net income (loss) must equal ______.
Based on the revenues and the expenses, the net loss to the company will be -$20,000.
What is the net loss?The net income (loss) is found by the formula:
= Revenues - Expenses
In this case, the revenues are less than the expenses so this will be a net loss.
This net loss is found as:
= 100,000 - 120,000
= -$20,000
In conclusion, the net loss is -$20,000.
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Which task is performed by an isp when it takes a block of addresses, subnets the block into multiple subnets, and then passes out the smaller individual subnets to customers?
Classless Inter-Domain Routing (CIDR) task is performed by an isp when it takes a block of addresses, subnets the block into multiple subnets, and then passes out the smaller individual subnets to customers
This is further explained below.
What is Classless Inter-Domain Routing (CIDR) task?Generally, An Internet service provider (ISP) is said to have completed a Classless Inter-Domain Routing (CIDR) job when it took a block of addresses, subnetted the block into many subnets, and then distributed the smaller individual subnets to its clients.
In conclusion, Supernetting, sometimes referred to as CIDR (Classless Inter-Domain Routing), is a technique for allocating Internet Protocol (IP) addresses that increases address distribution efficiency and replaces the prior system based on Class A, Class B, and Class C networks.
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One of the disadvantages of personal selling is the high cost to maintain good salespeople. how can companies reduce the cost but still maintain that personal touch?
Companies can reduce the cost but still maintain that personal touch deploys supplementary strategies for potential clients, such as telephone marketing, and mailings, including fee-less numbers.
Who is a salesperson?A salesperson can be defined as a person who helps in selling a product or a service. They help in creating new customers or convincing the already and customers to take the service.
A company can employ various tricks with much less cost and efficiency like:
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In general terms, how would a change in investment opportunities affect the payout ratio under the residual payment policy?
Companies with residual dividend policies priorities paying capital expenditures out of earnings.
What is payout ratio?The payout ratio, which is calculated as a percentage of the firm's total earnings, demonstrates the part of earnings that a company distributes to its shareholders in the form of dividends. By dividing the total dividends given out by the net income made, the computation is arrived at.
For dividend investors, the dividend payout ratio is a crucial indicator. It demonstrates how much of a company's earnings are distributed to investors. The higher that number, the less cash a corporation has left over to fund dividend growth and corporate expansion.
Companies with residual dividend policies priorities paying capital expenditures out of earnings. Any unused revenues are then used to pay dividends. Long-term debt and equity are often both parts of a company's capital structure.
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Due to federal supremacy, if a state law is inconsistent with a federal law, the federal law would __________ the state law.
Because of federal supremacy, if a state law conflicts with a federal statute, the federal law will take precedence / preemption
Preemption
The Supremacy Clause of the Constitution declares that the "Constitution and the laws of the United States...shall be the supreme law of the land...regardless of anything in the constitutions or laws of any State to the contrary." This clause is where the preemption idea stems from. As a result, any federal law—including a rule of a federal agency—trumps any incongruous state law.
Both stated and implied preemption are possible. When Congress decides to expressly preempt state law, the courts' only task is to determine whether the state statute under issue is one that the federal law is meant to preempt.
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The two thinkers who most influenced thomas jefferson were machiavelli and hobbes. true false
False, It was not Machiavelli and Hobbes who had the greatest impact on Thomas Jefferson.
Who is Thomas jefferson?Freckled and sandy-haired, rather tall and ungainly Thomas Jefferson was an American Founding Father, the primary author of the Declaration of Independence (1776), and the third President of the United States (1801–1809); he served as a spokesperson for democracy. He supported the cause of freedom with his pen rather than his voice in the Continental Congress and the House of Burgesses. Jefferson, the "silent member" of the Congress, penned the Declaration of Independence when he was 33 years old. He worked hard in the years that followed to make words a reality. Most notably, in 1786, he drafted a law ensuring religious freedom.
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Which marriott premium brand is designed with one thing mind: the well-being of its guests?
The entity called the "Westin Hotels & Resorts" is the Marriott premium brand that is designed with one thing mind "the well-being of its guests".
What is a premium brand?In marketing, we can define a premium brand as any individual, company, product or service that is generally perceived to have exceptional value in the target market’s mind. That is, the premium brands have the It Factor.
These brands are known to offer a combination of supreme quality, value, purpose, and exceptional experience. The price is not the only characteristic that makes a brand “premium”, the other factors includes:
they outsell competitors on a per-unit basishigher customer satisfaction ratingshigher customer retention rates and repeat buyersa customer base that promotes the brandRead more about premium
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Preferred stock can be issued to raise money without giving up control. True or false
Answer:
True
Explanation:
A _____ is used by a business to determine where the potential customers are located.
Psychographics are data that help businesses determine how often potential customers use a particular product or service.
Why Conduct Market Research?Market research, commonly referred to as "marketing research," is the procedure used to assess the viability of a new service or product by conducting research with prospective customers. Market research enables a business to identify the target market and gather input from customers regarding their interest in the good or service as well as opinions.
This kind of research might be carried out internally, by the business itself, or by a different business that specializes in market research. Surveys, product testing, and focus groups are among methods that can be used. A small stipend or product samples are typically given as payment to test subjects in exchange for their time. A new product or service's research and development (R&D) process must include market research as a key step.
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If the government places a $2 tax per bag of potato chips on the producers, what would the consumers of potato chips observe?.
Answer:the price of potato chips would rise by some amount
Explanation:
Answer:
higher prices
Explanation:
because the producers would essentially sell potato chips for 2 dollars more to make up for the tax money lost
An appliance company has determined that the cost of producing ice cream makers $35.50 per cream maker plus 4515 per month costsThe appliance company each ice cream maker for 100
The breakeven point of production of ice cream machines is 70 units.
If the company produces the said units it will have a break even.
What is Breakeven?Breakeven is the point of production where the expenses and the revenue are nil, the expense borne for the production of the units is covered completely by the sales of the units is known as a breakeven point.
The variable cost per unit is $35.5 and the fixed cost is $4,515 per month and the Sale price is $100.
The formula to calculate breakeven point is fixed cost / (Sales Price - Variable Cost).
Breakeven point = $4,515 / ($100 - $35.5)
Breakeven point = $4,515 / ($64.5)
Breakeven point = 70 units.
If the company produces 70 units of ice cream machine this will be a breakeven point and to earn profit the company will need to produce more units.
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Missing requirement in question was Find the break-even point
From a tax perspective, which entity choice is preferred when a liquidating distribution occurs and the entity has assets that have declined in value?
S Corporation entity is preferred when a liquidating distribution occurs and the entity has assets that have declined in value.
From a tax perspective, S Corporation entity choice is preferred when a liquidating distribution occurs and the entity has assets that have declined in value.
S Corporation: For federal tax reasons, corporations can choose to pass through corporate income, losses, deductions, and credits to their shareholders.
Example of an S Corporation:
An example of an S Corporation would be a firm with 3 shareholders who all meet the IRS requirements.
S Corporation entity choice is preferred when a liquidating distribution occurs and the entity has assets that have declined in value.
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An evaluation and management (e/m) code is used to report removal of a(n) ________ accessible stent when imaging guidance is not used.
a. endoscopic
b. internally
c. externally
d. stoma
An evaluation and management (e/m) code is used to report removal of a(n) externally accessible stent when imaging guidance is not used. Thus, option (c) is correct.
What is management?
The term “management” refers to the act of managing. The management of the business activities. Management is the basis of art, science, and the profession.
When the guidance is not used, the evaluation and management (e/m) is the coding system to the externally assessable. It was the system as it related to health. The guidance was not too used.
Therefore, option (c) is correct.
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