Which of the following is an advantage of starting your own business?

Answers

Answer 1

Answer:

The most common reason people launch their own business is to be their own boss. Other benefits include flexibility, financial rewards, the opportunity to innovate, and a chance to impact your community. Still, there are serious risks to launching your own business, and you should carefully consider and plan before you take the leap.

Explanation:


Related Questions

If LMS Manufacturing sells 250,000 units and its total revenue is $1 million, what is the price per unit

Answers

Answer:

4

Explanation:

About how long is a true elevator pitch?

Answers

An elevator pitch is about 20-60 seconds

Answer:

It's about 30 seconds

Hope this helps

Explanation:

For her purchase, Nadine selects the best deal from two coupon codes offered by a store, one that she received by email and one from a text. Which marketing technique is Nadine benefiting from

Answers

Considering the situation described above, the marketing technique Nadine is benefiting from is known as the "Omnichannel strategy."

This is because the Omnichannel strategy allows business firms to meet their customers' needs right at the point where they are.

Thus, in this case, where Nadine selects the best deal from two coupon codes offered by a store, one that she received by email and one from a text, is a form of Omnichannel strategy.

This is because Nadine got her products or sales right without necessarily moving to the store.

Hence, in this case, it is concluded that the correct answer is the Omnichannel strategy.

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how is economy affected by wise consumers?​

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Consumer spending affects the economy, even a slight reduction could damage the economy.

Consumer spending is the amount of money spent by individuals and houses on the final goods or services for personal use in an economy. This includes all types of goods whether durable or non-durable goods.

When the spending is reduced by the final consumer, it would result in the following:

The demand for goods decreasesBusinesses to go bankruptWorkers laid offTaxes to reduce

The government would then have to rely on the following:

ExportsBorrowings

Ultimately, the growth of the economy would slow down. And if this continues then the economy would contract.

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a central bank that wants to increase the quantity of money in the economy will

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If a central bank wanted to increase the amount of money in an economy, it would D. buy bonds in open market operations.

When the central bank buys bonds:

It increases money supply in the economy It does this by paying for the bonds such that money flows from the central bank into the economy

Buying bonds is one of the strategies that a central bank can use when it embarks on an expansionary monetary policy to increase the amount of money in the economy and spur growth.

In conclusion, the central bank can buy bonds to increase money supply.

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deductions and credits can _______ what you owe in taxes each year.

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Answer: Decrease or Reduce

Based on taxation analysis, the deductions and credits can reduce what you owe in taxes each year.

This is because the tax deduction is a term used to describe what reduces how much of your income is liable to taxes.

Similarly, tax credits outright reduce the amount of tax you are deemed to pay.

Tax credits reduce the amount of tax to pay directly. For example, a tax credit of $2000 reduces your tax liability by $2000.

Hence, in this case, it is concluded that the correct answer is "reduce."

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Assume that skilled labor costs twice as much as unskilled labor, a profit-maximizing firm will a. always hire more skilled labor because it is more productive. b. always hire more unskilled labor because it is cheaper. c. hire until it equalizes the two marginal products. d. hire until the marginal product of unskilled labor is one-half that of skilled labor.

Answers

If the relationship described above between skilled labor and unskilled labor is true, then the company will c. hire until it equalizes the two marginal products.

Marginal product:

Is extra amount of production gained when an additional unit is added Reduces after a certain amount of the resource is added

Because the marginal product of skilled and unskilled labor will eventually decrease, the company would hire such that both their marginal products are equal because at this point, they both contribute the same to the company.

In conclusion, option c is correct.

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Shout Magazine focuses its marketing efforts on reaching teen-aged girls interested in fashion and celebrity culture. The firm believes that they are positioned to profitably serve this group of consumers. Shout utilizes the strategy of

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Considering the situation described above, Shout utilizes the strategy of Concentrated Marketing.

Concentrated Marketing is a type of Marketing strategy whereby firms or companies direct all endeavors and resources to develop and market a product for a particular target group segment.

Thus, when Shout Magazine focuses its marketing efforts on reaching teenaged girls interested in fashion and celebrity culture, this is a form of Concentrated Marketing.

Concentrated Marketing is often referred to as Niche Marketing, and it is considered more effective in small businesses.

Hence, in this case, it is concluded that the correct answer is "Concentrated Marketing."

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Something that serves as a model for others to copy is a

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Something that serves as a model for others to copy is an example (i assume and hope) maybe prototype ?

what type of event is an agent conducting when he presents plan information that includes benefits and cost sharing in an audience-presenter format?

Answers

Considering the marketing strategies ideas, the type of event an agent is conducting when he presents plan information that includes benefits and cost-sharing in an audience-presenter format is "Formal marketing/sales events."

This is because Formal marketing/sales events are a type of marketing sales event that is created or structured in a formal or an audience and presenter style.

It is usually done in a way that involves the salesperson giving plan-specific information via a content management system.

It also involves the presentation styles called carrier-approved sales presentations, talking points, and marketing materials.

Hence, in this case, it is concluded that the correct answer is "Formal marketing/sales events."

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Morgan Company issued cumulative preferred stock. What additional special feature(s) could also have been granted to preferred stock holders

Answers

Answer:

-The right to convert the shares to common shares

-The right to redeem the preferred shares for cash

The right to convert the shares to common shares, The right to redeem the preferred shares for cash are the additional special feature could also have been granted to preferred stockholders.

What is stockholders?

A military campaign is a large-scale, drawn-out, all-encompassing military strategy plan that entails a number of connected military actions or engagements that are thought of as separate elements of a broader conflict that is often known as a war.

Various military operations were carried out in the Asiatic-Pacific Theater of World War II to force the Japanese to abandon specific islands. For instance, the Aleutian Islands Campaign came to an end when the Japanese left the islands. Military strategists design campaigns with a wide range of objectives in mind.

American soldiers from the U.S. 1ID may be seen boarding a Higgins Boat on Omaha Beach in the image titled Into the Jaws of Death.

Thus, The right to convert the shares to common shares.

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Revenues were $1,000,000, Cost of Goods Sold was $750,000, and Net Income was $120,000. Net profit margin equals ______.

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The net profit margin is 12%

The parameters given in the question are

Revenue= $1,000,000

Cost of goods sold= $750,000

Net income= $120,000

Net profit margin= Net income/revenue × 100

                            = 120,000/1,000,000 × 100

                             = 0.12 × 100

                             = 12 %

Hence the net profit margin is 12%

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Which of the following is the best way to write a salutation in a cover letter addressed to Mr. Ravi Patel, Human Resources Manager, ABC Company? a. Dear Sir: b. To Whom It May Concern: c. Dear Mr. Patel: d. Gentlemen: Please select the best answer from the choices provided A B C D.

Answers

I believe your answer would be C. Dear Mr. Patel.

Seeing that the letter is addressed to one person whose name is known, option C. Would be the best option.

The ideal salutation for a cover letter addressed to Mr. Ravi Patel, Human Resources Manager of the ABC Company, is "Dear Mr. Patel." As a result, option (C) is the best one.

What is a cover letter?

A letter of introduction that is connected to or is included with another document, such as a resume or curriculum vitae, is known as a cover letter, covering letter, inspiration letter, motivating letter, or letter of motivation.

As a way of presenting oneself to potential employers and outlining their suitability for the desired roles, job seekers usually send a cover letter together with their curriculum vitae or petitions for employment.

Employers may use carefully crafted and unique cover letters as one tool for weeding out candidates who are not sufficiently interested in their openings or lack the essential foundational abilities.

In order to apply for an internship, students are frequently required to submit a cover letter. Samples of extracurricular and scholastic experiences ought to be included in these cover letters.

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A decrease in accounts receivable will result in a(n) ___ in cash from sales revenue when using the direct method to determine cash flows from operations.

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When using the direct method to determine the cashflows from operations, a decrease in accounts receivable is an increase in cash.

When there is a decrease in accounts receivable:

It means that the accounts receivable has paid some of their debt It increases cash as a result of the payment of debt

Using the direct method, one will show that a decrease in accounts receivable leads to an increase in cash because the receivable would be reduced by a cash inflow.

In conclusion, a decrease in accounts receivable is an increase in cash.

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Which of the following is not a step that can help you establish and maintain a good credit history?

a. Open a bank account.

b. Purchase a cell phone contract and pay it on time and in full every month.

c. Make car payments and car insurance on time.

d. Open many credit card accounts.

e. All of the above steps help establish good credit history.​

Answers

Answer:

b. Purchase a cell phone contract and pay it on time and in full every month.

Explanation:

have a wonderful day!! :)

When decisions in forecasting are at a broader, higher level (as when introducing a new product line or concerning strategic product decisions such as new marketing areas), the term is generally used.

Answers

Answer:

executive judgment

Explanation:

after returning home from a trade show, ms. stephenson, the president of a manufacturing company, called a meeting of her production department. ms. stephenson explained the company would attempt to eliminate defects and repeated mistakes in employee performance through

Answers

Miss stephenson explained that policy of quality assurance will be implemented to eliminate defects and repeated mistakes in employee performance.

Quality assurance is a policy which intends to ensure that employees performed at optimal and quality level.

The policy aims to maintain and enhance the level of quality and performance of the employees.

Therefore, the goal of Miss stephenson will be implemented through the policy of quality assurance.

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A printer will produce 80 wedding invitations for $210. The price to produce 120 invitations is $290. The printer uses a linear function to determine the price for producing different amounts of invitations. How much will the printer charge to produce 60 invitations? $120. 00 $145. 00 $157. 50 $170. 0.

Answers

Answer:

120.00

Explanation:

Statistics derived from national income accounting
A. form the basis for business accounting systems.
B. are useful to assess the health of an economy and formulate policies to maintain and improve that health.
C. are valuable for assessing economic health at a point in time but are less useful for comparisons over time.
D. change frequently and therefore are limited in their usefulness.

Answers

Answer:

B -  are useful to assess the health of an economy and formulate policies to maintain and improve that health.

Explanation:

easy

timia needs some cash in a hurry. she owns her car outright and is considering a title loan. the lender has told timia that she could borrow $1750 for 1 month and the fee would be $140. what is the apr on timia’s loan? assume 12 equal months.

Answers

The annual percentage rate on Timia's loan can be calculated using the percentage interest formula. Hence, the APR on her loan is 96%

Recall :

Simple interest = principal × rate × time

Principal = $1750Interest = $140

Time = 1 month = 1/12 = 0.083333

Plugging the values into the equation :

140 = 1750 × rate × 0.0833333

140 = 145.83333 × rate

Rate = 140 ÷ 145.83333

Rate = 0.96

He, the annual percentage rate on the loan is 96%

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most of the money used in political campaigns comes from

Answers

Answer:

Federal contribution limits.

Bundling.

Advocacy groups/interest groups.

"Hard" and "soft" money.

Political action committees.

501(c) organizations.

527 organizations.

Political parties.

Explanation:

they can come from any of them

Carina's job is to find new customers for her company's telecommunication services. She encourages existing customers to add more services and finds customers who are completely new to the company. Carina would best be classified as a(n)

Answers

For Carina, whose job is to find new customers for her company's telecommunication services and who also encourages existing customers to add more services and find customers who are completely new to the company, we can classify her as an Order Getter.

An order getter is a salesperson who actively engages customers and persuades them to purchase the goods that she is offering. This can be seen in the case of Carina.

She does not just take orders, rather, she encourages her customers to make purchases and refer others.

Therefore, Carina can be said to be an Order Getter.

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________ of advertising is done usually at two separate times: before and after the advertisements are run in the actual campaign.

Answers

According to effective communication strategies, Evaluation of advertising is usually done at two separate times: before and after the advertisements are run in the actual campaign.

This is because Evaluation in the advertisement is a means or action performed by the advertising managers to ensure that the advert meets the objective goals.

Usually, the evaluation is done before to check if it conforms to what is intended to advertise, and evaluation is also done after the advertisement to check if it improves the sales or publicity of what it is created for.

Hence, in this case, it is concluded that the correct answer is "Evaluation."

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Frusciante, Inc. , has 290,000 bonds outstanding. The bonds have a par value of $1,000, a coupon rate of 7 percent paid semiannually, and 8 years to maturity. The current YTM on the bonds is 7. 5 percent. The company also has 10 million shares of stock outstanding, with a market price of $23 per share. What is the company’s market value debtâ€"equity ratio?.

Answers

Frusciante, Inc.'s market value debt-equity ratio is 1.35.

Data and Calculations:

Outstanding bonds = 290,000

Bonds par value = $1,000

Outstanding bonds value = $290,000,000 (290,000 x$1,000)

Coupon interest rate = 7%

Maturity period = 8 years

Current YTM = 7.5%

Market price per bond = $1,071 ($1,000 x 7.5%/7%)

Market price of bonds = $310,590,000 ($1,071 x 290,000)

Outstanding common stock = 10 million shares

Market price per share = $23

Market value of common stock = $230 million ($23 x 10,000,000)

Market value debt-equity ratio = 1.35 ($310,590,000/$230,000,000)

Thus, Frusciante, Inc.'s market value debt-equity ratio is 1.35.

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Leah wants to get a home loan from her bank. Which agency would regulate that loan to ensure it is fair? FDA- Food and Drug Administration SEC- U. S. Securities and Exchange Commission CFPB- Consumer Financial Protection Bureau FCC- Federal Communications Commission.

Answers

When a person wants to get a loan from a bank, the agency that ensures they are protected is the CFPB- Consumer Financial Protection Bureau .

The Consumer Financial Protection Bureau:

Was created to protect the public when they seek loans Enforces financial laws aimed at keeping the financial industry fair

The CFPB is therefore the agency that will look into Leah's loan to make sure that she is being treated fairly and is not being charged too much interest.

In conclusion, the agency is the Consumer Financial Protection Bureau.

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C. CFPB- Consumer Financial Protection Bureau

what is the importance of the floriculture in nepal

Answers

Explanation:

It deals with cut flowers, bedding plants, houseplants, flower garden, pot plants, cultivated greens for beauty and herbaceous nursery. Floriculture is an important agro-based, labor intensive and business-oriented enterprise in Nepal.

Answer:

It deals with cut flowers, bedding plants, houseplants, flower garden, pot plants, cultivated greens for beauty and herbaceous nursery. Floriculture is an important agro-based, labor intensive and business-oriented enterprise in Nepal.

When a product has gained a certain level of brand awareness, firms use _____ advertising to motivate consumers to take action.

Answers

When a product has gained a certain level of brand awareness, firms use persuasive advertising to motivate consumers to take action.

Persuasive advertising is the advertising modality dedicated mainly to convincing the public for a certain product or service by specifically appealing to their sensory, subjective or emotional factors.

It is the strategy in which the characteristics of a product or service are taken into account, conspicuously highlighted and used to achieve more sales.

Persuasive advertising aims to convince the consumers to make the desired decision.

Therefore, we can conclude that persuasive advertising is a strategy that focuses on showing the most attractive benefits and characteristics to the consumer and uses them to get more sales of the product.

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An) _____ is a simple project management planning tool used to break the project plan into smaller and smaller steps.

Answers

Answer:

WBS

Explanation:

Work breakdown structure

Work breakdown structure is a simple project management planning tool used to break the project plan into smaller and smaller steps.

What is the significance of WBS?

Work breakdown structure helps in developing better communication by allocating tasks to the right person when a project is divided into manageable parts. It helps to make smooth operations in task allocation.

This helps in managing schedules task that should be done in priority on the project and helps timely completion of the project. This is a simple tool for project management and planning in smaller steps.

It also helps in handling or evaluating the progress of the project based on task allocation.

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what is the best way to start a business

Answers

Explanation:

THE BEST WAY TO START BUSINESS IS TO FIRST COLLECT RESOURCES WHICH U WANT IN BUSINESS

AND THEN USE UR CAPITAL AND INVEST IN IT

AND IM SURE U WILL GET BEST RESULT

Deciding how to invest retirement savings can be a time-consuming task. However, there are investments that simplify this task. These investments are called:

Answers

Based on investment analysis, the investments that simplify retirement savings are called target-date funds.

This is because target-date funds are an investment strategy that targets asset allocations' expected investment return funds.

Target date funds investment is usually long term designed to target the period the investors plan to be getting the return on the investment.

Hence, in this case, it is concluded that the correct answer is "Target-date funds."

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