b. Explain three (3) benefits that entrepreneurs like Daniel Stewart and his partner, who create business plans before launching their companies reap?

Answers

Answer 1

The major three benefits that entrepreneurs like Daniel and his partner who create business plans are increased clarity in decision making, providing structure, and support for funds.

What do you mean by entrepreneurs?

An entrepreneur refers to a person who set up his own business by taking out financial risks in the hope of profits.

A business plan can help in bringing out clarity to the decision-making process. It also helps in finding out how to get funds for the business and provides structure and defines business management objectives.

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Related Questions

When creating a stacked chart to portray the breakdown of the income statement, the following item is not included

Answers

The Net income is the item that will not be included when creating a stacked chart to portray the breakdown of the income statement.

What is a stacked chart?

This refers to a column chart where multiple series of the data representation are stacked over each other.

Because the Net income is an item that is derived at the conclusion of an income statement, its will not be included when creating a stacked chart to portray the breakdown of the income statement.

Missing options "Revenue COGS Salaries 15 Marketing Rent Pr Tax View Marked Questions Net Income"

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half of the answers im getting from here are wrong for the edmentum/plato questions, therefore making me fail my tests. id appreciate if people would stop posting the wrong answers

Answers

LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

The place where buyers and sellers interact is called a _____.

A. market segmentation

B. market share

C. market

D. target market

Answers

Answer:

Market

Explanation:

I had this question so I know hope this helps!

Answer: The other person was correct give them brainiest.

Explanation:

Why do economists pay attention to the balance of trade?

Answers

Economists use the BOT to analyze and measure the relative power of a country's economy. Hence, Economists pay special attention to the Balance of Trade.

Why is a balance of trade vital to the economy?

The Balance of trade plays a significant role in the calculation of the Gross Domestic Product of a country. As a part of GDP calculations, exports are brought and imports are subtracted from the total.

The more the change surplus, the more the GDP of a country.

Therefore, Economists use the BOT to analyze and measure the relative power of a country's economy. Hence, Economists pay special attention to the Balance of Trade.

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The following examples are defined as what kind of property: canals, ponds, machinery, and buildings

Answers

Answer:

And the question is? ...............

write the uses of apron​

Answers

Answer:

Its simple .

Explanation:

We use apron to cover the body so that we can remain clean and any dust free while doing daily chores like cooking ,sweeping ,etc

Answer:

We use aprons to protect ourselves from greases, sauce, and other messy things while cooking or eating. They can also be used around the house to prevent similar things.

What are the two major components of a working capital management strategy

Answers

Answer:

The two major components of Working Capital are Current Assets and Current Liabilities. One of the major aspects of an effective working capital management is to have regular analysis of the company's currents assets and liabilities.

Pretty lady cosmetic products has an average production process time of 40 days. Finished goods are kept on hand for an average of 15 days before they are sold. Accounts receivable are outstanding an average of 35 days, and the firm receives 40 days of credit on its purchases from suppliers. Assume sales of $1,200,000 and cost of goods sold of $900,000. Determine the average investment in accounts receivable, inventories, and accounts payable. What would be the net financing need considering only these three accounts

Answers

Based on the sales, cost of goods, and days on average, the average investment of Pretty Lady Cosmetics is:

Average Receivables - $115,068.50.Average Inventories - $36,986.30.Average payables - $96,630.14.Net financing needs - $53,424.66.

What are the average investments for Pretty Lady Cosmetic Products?

The Average Receivables are:

40 days = Average AR ÷ (1,200,000/365)

= $115,068.50

The Average Inventories:

15 days =  Average inventory ÷ COGS per day

15 =  Average inventory  ÷ (900,000 / 365)

= $36,986.30

The Average payables:

40 days = Average payables ÷  COGS per day

40 = Average payables ÷  (900,000 / 365)

Average payables = $98,630.14

Net financing needs:

= Average Inventories + Average Receivables -  Average payables

= 115,068.50 + 36,986.30 - 98,630.14

= $53,424.66

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How does Maslow hierarchy of need help marketers to create various marketing strategies. Explain your answer with examples.

Answers

The Maslow hierarchy of need helps marketers to create various marketing strategies because its already provides a way of evaluating the customers' motivations beyond what raw data will give.

What is the Maslow hierarchy of need?

The psychological theory established the motivation theory that models the 5 categories of human needs that helps to dictate an individual's behaviour.

The needs of human according to the Maslow Hierarchy includes Self-actualization, Esteem need, love and belonging need, safety need and physiological needs.

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A order comes in for two bean burritos and one crunchy taco the starter starts grilling the
tortilla...what should the finisher do

Answers

Answer:

assembling them

Explanation:

An order comes in for two bean burritos and one crunchy taco the starter starts grilling the tortilla. Assembling is the best move. This is further explained below.

What is Assembling?

Generally, to assemble in one area for a shared objective.

In conclusion, The starter begins grilling the tortilla as an order comes in for two bean burritos and one crispy taco. It's smartest to band together.

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Why is it important to establish a theme and message to use across all
promotional activities?
A. Using the same theme and message in each promotional piece
means that your overall campaign will be effective.
OB. Using the same theme and message across all promotional
activities means that you don't have to come up with a
coordinated goal.
OC. By repeating the same basic thrust of your message in each
promotional piece, consumers will identify you with that message.
W
D. By sticking with one theme for all promotional activities, you
ensure that you reach your target audience.

Answers

Answer: C

Explanation:

By repeating the same basic thrust of your message in each

promotional piece, consumers will identify you with that message.

Answer:

C. By repeating the same basic thrust of your message in each

promotional piece, consumers will identify you with that message.

Explanation: It makes the most sense


Which promotional technique can help an organization achleve its short-term sales objectives

Answers

Answer:

Flash sales is one technique.

Explanation:

Flash sales are fast, short-term sales that encourage people to buy a promoted item.

What is meant by "lean production"?

Answers

Answer:

Lean production is a production methodology focused on eliminating waste, where waste is defined as anything that does not add value for the customer. Although Lean's heritage is manufacturing, it is applicable to all types of organisation and all an organisation's processes.

Explanation:

An example of a quantity restriction is
A.
price supports in agriculture.
B.
an import quota.
C.
the minimum wage.
D.
rent controls.

Answers

An example of a quantity restriction is an import quota. (Option B). See explanation for same below.

What is import quota?

Import quotat is a kind of restriction that is used to control the maount of goods that is allowed into a country.

Sometimes it is used to restrict the quality of goods whose consumption the government wants to discourage.

Hence, it is correct to state that an example of a quantity restriction is an import quota. (Option B).

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Free​ Internet?
Everyone should have free Internet access to​ education, news,​ jobs, and more.

The graph plots education and news on the x​-axis and other goods and services on the y​-axis.
Draw the​ economy's PPF before the Internet and label it PPF0.
Draw the PPF after the arrival of the Internet if the effect on education and news is greater than on other goods and services. Label it PPF1.

Answers

Answer:

graph below

PPF shifted rightward, but shift on education and News is higher because effects of Internet is higher in Education and News

Explanation:

With the​ Internet, more education and news and more other goods and services can be produced. The production of other goods and services increases by less than the increase in education and news when all resources are used. The PPF shifts outward.

a. Some entrepreneurs claim that creating a business plan is not necessary for launching a successful business venture. Do you agree? Explain

Answers

Answer:

In my opinion creating a business plan would make your chances of making a successful business higher since you already know what your doing, it can also help with your thought process and help you consider different aspects of your business. Not having a plan also would lead to all your ideas being in your brain which could make it harder to focus. But many entrepreneurs have started businesses without plans and have succeeded but I think its easier to have a plan.

The activities needed to operate a business can be divided into a number of

Answers

The activities needed to operate a business can be divided into a number of three types of activities. These are operating, investing, and financing activities.

What are business activities?

Business activities can be defined as kinds of activities firms conduct for achieving their purpose. It helps in generating revenues and ensuring business continuity.

The major three types of activities are operating, investing, and financing activities. Operating activities support the entity's primary purpose. Financing deals with collecting funds for financial strength and growth. Investing activities are when a business invests in long-term assets.

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McBurgers Inc. noticed brown pellets in some areas of
their kitchen. They assume that it is a sign of pest
infestation. What action should they take?
Check all that apply:
Store food away from walls and dispose of trash
regularly.
Change humidity, light, and temperature conditions
in the whole food service area.
Block all entry points to prevent pests from entering
the kitchen or other storage areas.
Sweep the pellets away and clean the floor with
water and a cleaner and apply floor sanitizer.
Submit Answer

Answers

The action that they should take are:

Store food away from walls and dispose of trash regularly.Change humidity, light, and temperature conditions in the whole food service area.Block all entry points to prevent pests from entering the kitchen or other storage areas.Sweep the pellets away and clean the floor with water and a cleaner and apply floor sanitizer.

What is pest infestation?

Pest Infestation is the state of being invaded or overrun by pests or parasites.

To avoid pest infestation, it is important to keep the house clean.

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Which asset is the most liquid?
A. A certificate of deposit
B. An individual retirement account
C. Commercial real estate
D. Residential real estate

Answers

The asset that is the most liquid is a certificate of deposit. This is further explained below.

What is a certificate of deposit?

Generally, a certificate of deposit is simply defined as depositors who put money in the bank for a certain period of time being given a certificate of deposit.

In conclusion, The  asset that  is the most liquid is  a certificate of deposit

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A payroll register is a ____
of the payroll records of a company’s employees.

Answers

Answer:

The answer I believe is List

Explanation:

A payroll register is a list of the payroll records of a company’s employees.

S
Select the correct text in the passage.
Which sentence describes equilibrium in supply and demand?
A cell phone manufacturing company decided to use a price-skimming strategy to enter the market. It set the price of its phones at $450. However, a range of other
premium smartphones was already available in the market, and thus the product did not achieve a good demand. Eventually, when the price of the phone fell to $300,
demand for the product increased and profits began to soar. Now, market research suggests that if the company reduced its price to $275, the quantity demanded would
also rise. The rise in demand was predicted to be 30 percent. However, a profit study revealed that to increase demand, it would have to compromise on profits. Thus, the
company decided to leave the price at $275. This would help them gain enough customers to make a profit while also manufacturing enough phones to meet demand.

Answers

The statement "Eventually, when the price of the phone fell to $300, demand for the product increased and profits began to soar." describes an equilibrium in supply and demand.

What is an equilibrium in supply and demand?

This refers to a situation whereby there is a balance in market supply and demand balance which as a result prices become stable.

Because there is a fall in phone price made the demand for the product increased and profits began to soar, this is an example of an equilibrium process.

Therefore, the Option C is correct.

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what are the main conclusion that can be draw from the Hawthorne experiments




Answers

Answer:

Four general conclusions were drawn from the Hawthorne studies:

Explanation:

1. The aptitudes of individuals are imperfect predictors of job performance.

2. Informal organization affects productivity. ...

3. Work-group norms affect productivity. ...

4. The workplace is a social system.

If a recent ad deterred you from buying the product, describe why. How would you change it? Share a link if you can (please be sure it's appropriate).

Answers

Some reasons why an ad deterred a consumer from buying a product could be lack of information or jarring communication.

How to build an effective ad?

It is essential that the marketing team develop a strategy to engage your potential consumer. For this, it is necessary to align the language and ideas contained in the ad to have the expected effect on the consumer, in addition to identifying the ideal channel for placement.

Therefore, publicity and advertising are essential to generate value for a brand and reach the consumer.

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An analyst evaluating securities has obtained the following information. The real rate of interest is 2.8% and is expected to remain constant for the next 5 years. Inflation is expected to be 2.6% next year, 3.6% the following year, 4.6% the third year, and 5.6% every year thereafter. The maturity risk premium is estimated to be 0.1 × (t – 1)%, where t = number of years to maturity. The liquidity premium on relevant 5-year securities is 0.5% and the default risk premium on relevant 5-year securities is 1%.

a. What is the yield on a 1-year T-bill? Round your answer to one decimal place.

b. What is the yield on a 5-year T-bond? Round your answer to one decimal place.

c. What is the yield on a 5-year corporate bond? Round your answer to one decimal place.

Answers

An analyst evaluating securities has obtained the following information, which is mathematically given as

Y1= 4.30%Y5= 6.50%Y5'= 8%

What are the yield on a 1-year T-bill,  the yield on a 1-year T-bill, and the yield on a 5-year corporate bond?

Generally, the equation for Yield on Corporate Bond is mathematically given as

Y= r* + IP + MRP + DRP + LP

Hence

a) For the yield on a 1-year T-bill

Y1== 2.2% + 2.1%

Y1= 4.30%

b) For  the yield on a 5-year T-bond

Where

IP=  (2.1% + 3.1% + 4.1% + 5.1% + 5.1%)/5 = 3.90%

And

MRP = 0.1*(5-1)

MRP= 0.4%

Y5= 2.2% + 3.90% + 0.4%

Y5= 6.50%

c) For the yield on a 5-year corporate bond

IP = (2.1% + 3.1% + 4.1% + 5.1% + 5.1%)/5

IP= 3.90%

MRP  = 0.4%

DRP = 1%

LP = 0.5%

Therefore

Y5= 2.2% + 3.90% + .4% + 1% + .5%

Y5'= 8%

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If you are in the 15% tax bracket, your whole
income is taxed at that rate.
True
False

Answers

If an individual's income falls at the 15% tax bracket then his/her income is taxed at first 10% and then the excess 5% should be levied in the next bracket.

What is a tax bracket?

A tax bracket is the income range made by the tax authorities relating to income earned by taxpayers with different rates of taxes.

According to the US taxation rules, the tax levied on the income of the taxpayer should be in the progressive system, which means, that the income should be charged with the different tax rates and not the one single tax rate. As the tax rates are started from 10%, so at the rate of 15%, it should not be the same rate rather the excess 5% would be levied.

Therefore, the provided statement relating to the imposition of tax is false.

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financial
Question7
A flexible manufacturing system is

Answers

A flexible manufacturing system is a production method that is designed to easily adapt to changes in the type and quantity of the product being manufactured.

Answer:

A flexible manufacturing system (FMS) is a production method that is designed to easily adapt to changes in the type and quantity of the product being manufactured.

In a two-player, one-shot simultaneous-move game each player can choose strategy A or strategy B. If both players choose strategy A, each earns a payoff of 500. If both players choose strategy B, each earns a payoff of 100. If player 1 chooses strategy A and player 2 chooses strategy B, then player 1 earns 0 and player 2 earns 650. If player 1 chooses strategy B and player 2 chooses strategy A, then player 1 earns 650 and player 2 earns 0.
a) Write the above game in normal form.
b) Find each player’s dominant strategy, if it exists.
c) Find the Nash equilibrium (or equilibria) of this game.
d) Rank strategy pairs by aggregate payoff (highest to lowest).
e) Can the outcome with the highest aggregate payoff be sustained in equilibrium? Why or why not?

Answers

Answer:

a) The normal-form game with the two-player, one-shot, simultaneous–move game with each player choosing strategy A or strategy B along with the possible outcome is given by: (see attached image)

b) Dominant strategy is the strategy of a player which provides maximum payoff to the player irrespective of other player's actions.

Player 1 dominant strategy =  when he chooses strategy B

Player 2 dominant strategy = when he chooses strategy B

c) Nash equilibrium is the strategy set of the players in which no individual player can be better off by deviating from their own strategy, given the other player's strategy.

Strategy A is the Nash equilibrium

d) AA  = $800

   AB , BA = $700

   BB = $400

e) Yes because the Nash equilibrium is the same as the highest ranking strategy pair (AA  = $800)

After viewing the video clip on ""KlipTech"" provide an argument that Joel Klippert and his idea represent an entrepreneurial venture. What ""School of Thought"" would he best represent? Be specific in your arguments.

Steve Case of AOL:

The 3 –Ps- https://ecorner.stanford.edu/in-brief/the-three-ps/

The Role of Luck- https://ecorner.stanford.edu/in-brief/the-role-of-luck/

Make it Happen- https://ecorner.stanford.edu/in-brief/make-it-happen/

Answers

Joel Klippert developed an innovative idea for building skate ramps with fibers and recycled paper, which, being risky, did not attract investors.

According to Mintzberg, the school of thought for formulating the strategy he would represent would be the design school.

What is the design school?

It is a strategy focused on the development of new ideas, where the objective is to balance the strength of the micro with the strength of the macro environment in which it is inserted. For this, the company performs the SWOT analysis that will increase its view of the market.

Therefore, for an innovative idea of ​​entrepreneurship to be effective, it is necessary to know the internal and external environment, which will help the company to overcome the risks and be well positioned.

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If the effective annual yield on a bond is equal to the bondʹs coupon rate, the bond will have a market value that is

Select one:
a. below the principal value of the bond.
b. equal to the principal value of the bond.
c. Either A or B may be true.
d. above the principal value of the bond.

Answers

If the effective annual yield on a bond is equal to the bondʹs coupon rate, the bond will have a market value that is equal to the principal value of the bond. Option B. This is further explained below.

What is a bond?

Generally, a Bond is simply defined as fixed-income investments such as bonds that reflect a loan from an investor to a borrower, often a corporation or the government.

In conclusion, In this case, the bond's market value will be equal to the principal value of the bond. if the bond's effective yearly yield is equal to the bond's coupon rate

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reason why depreciation amount does not include in the receipts
and payments account.

Answers

Answer:

Items such as depreciation, outstanding expenses, accrued income etc. are not shown in receipt and payment account because it is a real account. Only cash transactions are recorded in receipt and payment account.

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Which of the following was the most important development that caused people to shift from hunter-gather societies to agricultural settlements more than 5,000 years ago?A.the growth of organized religionB.the use of flood plains and irrigationC.the industrialization and mechanization of farmingD.a change in climate that made foraging impracticalPlease select the best answer from the choices provided.ABCD 0.58 mol of Mg contains how many atoms? please show work If a group of individuals should fall into cold water and immediate rescue is not available, what should they do to prevent hypothermia?. Paint can be purchased in two sizes: 1 gallon for $45.99 or 1 quart for $14.99.(round to the hundredths place)a.unit ratio of 1 quart (32oz) for $14.99is __________b.unit ratio of 1 gallon (128oz) for $45.99is __________c.which is the better deal? The graph below represents which system of inequalities?A) y > 2x 3y > x 3b) y < 2x 2y < x + 3C) y 2x 2y > x + 3D) None of the above What is defined as enabling the continuous operation?. In which excerpt from the passage does the author most clearly uselogical reasoning to make his or her argument persuasive?A. Do you always take a plane to travel long distances? Nexttime, try the train.B. There is an old-fashioned charm in traveling the waypeople did centuries ago and a childlike delight in goingthrough so many places that you have only heard about.C. Of course, you could travel by car and see the country thatway. However, car travel is very tiring for whoever does thedriving, unless you make lots of time-consuming stops.D. Most long-distance trains offer meals in dining cars, andmany have observation cars with large glass windows fromwhich you can view the scenery. What happens during S Phase?A. Cytoplasm is manufacturedB. The Cell splits in twoC. DNA separates into two nulcleiD. Chromosomes are duplicated Which of the following is a true statement? A. Light energy causes water molecules to split up. B. Light energy bonds the carbon and oxygen together to make carbon dioxide. C. Light energy creates water molecules. D. None of the above The difference between two numbers is 17 and twice the smaller of these is 26. What are the numbers?Does anyone know the answer? Write a recursive formula for a_na n , the n^{\text{th}}n th term of the sequence 50, -10, 2, ...50,10,2,.... (40 points) Give an example of an amino acid sequence using any 4 amino acids that you want.add an explanation (please don't say DNA) A number is divided in the ratio 5:9. If the first part is 35, find the number. What characteristics do Elie Wiesel and Gandhi likely share that allow them to endure their respective imprisonments?Click here here to read the excerpt from Elie Wiesel's NightClick here here to read the excerpt from Gandhi's speech from 1922.the support of the people in their communitya strong internal sense of justiceO faith in the ultimate decency of their leadersO the strong religious belief in an afterlife Please help due today Please help!!Loess is fertile soll, also calledfound on the Loess Plateau in China.A. clayB. rockC. siltD. guana Which Box-and-Whisker Plot below correctly illustrates the data shown below?{22, 22, 23, 24, 25, 26, 27, 28, 29, 30} A. B. C. D. Calculate the area of a regular octagon with the side length of 9 feet Probability and Playing CardsThere are 52 total cards in the deck. There are 13 spades, 13 clubs, 13 diamonds, and 13 hearts. Each suit has the following cards: Ace, 2, 3, 4, 5, 6, 7, 8, 9, 10, jack, queen, king.Suppose you are dealt two cards from the deck. What is the probability of being dealt two aces? HELPPPPPP ITS FOR MY FINALLLLclick the photo below