What planning tool helps entrepreneurs test the possibilities of an initial idea to see if it is worth pursuing
Answers
Entrepreneurs can assess an initial idea's viability using the planning tool known as a feasibility study to see whether it is worthwhile to pursue.
A feasibility study is a planning technique that enables business owners to evaluate the viability of an initial idea to see whether it is worthwhile to pursue; it provides a strong framework for creating a business plan when the time comes; focuses on the size of the market, the suppliers, distributors, and the entrepreneur's talents; it was developed to determine whether a business plan is viable. It addresses the most important factors that entrepreneurs must take into account when first conceptualizing their endeavour.
A feasibility study is a thorough evaluation that considers all the key elements of a proposed project to determine its likelihood of success. A return on investment, which indicates that a project is generating enough return to justify the investment, is one way to describe business success. There are many other important aspects, both positive and negative, such as neighborhood and environmental impacts.
To learn more about Feasibility Study , here:
https://brainly.com/question/30985089
#SPJ4
Complete question:
What planning tool helps entrepreneurs test the possibilities of an initial idea to see if it is worth pursuing?
Related Questions
Does everyone on brainly homeschool? This is a survey out of my own curiosity!
Answers
Answer: This is my first year in homeschool
Explanation:
(Economics) This list describes recent events in a country. As you read the list, think about the role of the country’s central bank. The country has seen its GDP decline and unemployment rise for three consecutive quarters. People are buying fewer cars, homes, and other goods and services. One reason people are buying less is that it is more difficult and more expensive to get loans to buy large items. The country’s central bank decides to lower the interest rate on the loans it makes to the banks that people use. Banks lower their interest rates. More people take out loans. With their loans, people start buying more goods and services, especially more expensive items such as cars. Producers require more workers to make these goods and sell them. Unemployment drops, and GDP begins to rise. What action helped unemployment and GDP in this country? Justify your response.
Answers
Answer:
The central bank lowered its interest rates, which made it easier and cheaper for banks to make loans to people. once people could get loans, they could buy more. The increased demand meant more people were employed to make and sell items, and output increased.
Explanation:
Answer:
The central bank lowered its interest rates, which made it easier and cheaper for banks to make loans to people. Once people could get loans, they could buy more. The increased demand meant more people were employed to make and sell items, and output increased.
Explanation: edmentum sample answer
how might you use your knowledge of taxes to make sound financial decisions?
Answers
Answer: If you know about taxes you can make better financial descisions because most descisions are made thru taxes. Taxes are numbers and stats that allow us to determine whether or not to buy something.
Explanation:
taxes also show how inflated a market is
consideran que las costumbres y tradiciones deben mantenerse ala nueva generación
Answers
Answer:
Efectivamente, considero que las costumbres y tradiciones deben mantenerse en las nuevas generaciones, pues forman parte de la idiosincrasia y la identidad de un pueblo, sociedad o nación. De esta manera, a través del mantenimiento de estas costumbres y tradiciones, las nuevas generaciones seguirán sintiendo una especial pertenencia a su patria, y mantendrán un vínculo que los ligará con esta y con sus compatriotas, puesto que las costumbres y tradiciones son parte esencial de la identidad de una nación.
How do the global and economic activities that our world faces impact marketing activities?.
Answers
Answer: by the trades between countries
Explanation:
Question 7 of 10
Which of the following is a tax-advantaged savings plan designed to
encourage savings for future college costs?
A. University plan
B. 529 plan
C. Scholarship plan
D. 592 plan
Answers
Answer:
It is the 529 plan to save money for college.
Explanation:
a key advantage of a home-based franchise is low costs, which can be ongoing. these are the costs associated with rent, utilities, and other fixed costs.
Answers
A key advantage of a home-based franchise is low overhead costs, which can be ongoing. These are the costs associated with rent, utilities, and other fixed costs.
What is home-based franchise?Home based franchise on business from their house or home. They do not need a office space or their home as the one that is used to as an office to stop the help in covering various cost.
Mange the work from home to save them a lot of money. This also include the data that will be presented to them and the work will be dione on their own timing. This will reduce the overhead cost.
Learn more about home-based franchise, Here:
https://brainly.com/question/14339461
#SPJ1
Business-to-business marketing involves the marketing of goods and services to organizations for use in the creation of goods and services that ______.
Answers
The marketing of goods and services to organizations so that they could create more goods and services that add value is known as business-to-business (B2B) marketing.
What is Business-to-Business?Business-to-business means the business relationship between an entity and another. The organizations that buy B2B goods and services use them for either:
ResaleProduction Support of their works.Thus, business-to-business marketing involves the marketing of goods and services by one organization to other organizations for use in the creation of goods and services that add value.
Learn more about business-to-business marketing at https://brainly.com/question/26426928
What is a trend in business
Answers
if ali grows hot peppers in his garden for his own consumption, the value of his production will select one: a. not be included in gross domestic product and understate the value of the production in his country. b. be included in gross domestic product and overestimate the value of the production in his country. c. be included in gross domestic product and give an accurate account of the value of the production in his country. d. not be included in gross domestic product and give an accurate account of the value of the production in his country.
Answers
If ali grows hot peppers in his garden for his own consumption, the value of his production will : a. not be included in gross domestic product and understate the value of the production in his country.
What is GDP?GDP the value of goods and services produced in a country's borders during a particular period, and it only includes the value of goods and services that are sold in the market.
The hot peppers Ali grows in his garden are not sold in the market, so their value is not included in GDP. Therefore, the value of his production is not reflected in the calculation of the country's economic activity, which may understate the true value of production in the country.
Learn more about GDP here:https://brainly.com/question/1383956
#SPJ1
Select ALL the correct answers. What was an effect of tax legislation signed by President Trump in 2017
Answers
Learn more about tax legislation here:
https://brainly.com/question/10508672
#SPJ4
Describe the population distribution in Guyana
Answers
More than 70 percent of Guyana's coastal population is rural, living on plantations or in villages strung along the coastal road. The villages range in size from several hundred to several thousand inhabitants. The layout of the villages is dictated by the drainage and irrigation systems of the plantations, both active and abandoned. The villages are most heavily concentrated along the estuary of the Demerara River and the eastern environs of Georgetown, near the mouth of the Berbice River close to New Amsterdam, and along the extreme east coast near the Courantyne River.
The pattern of population distribution in Guyana is a product of nineteenth-century economic development, which was based on the cultivation of sugarcane. Because the swampy coast was fertile and sugar production was geared to export, the large sugar estates confined their operations to a narrow coastal strip. Most of the villages had ethnically diverse populations, but usually one ethnic group predominated. The urban population was predominantly African, but it would be misleading to suggest that all Afro-Guyanese were urban. Indeed, the majority of the Afro-Guyanese population was rural. A far greater majority of Indo-Guyanese, however, lived outside the cities. The interior of the country was left mainly to the Amerindians. Even the later exploitation of timber, bauxite, and manganese in the interior failed to effect any sizeable migration.
QUESTION 8/15 Based on the values in Cells B77:B81, which function can automatically return the value in Cell C77? с $721 B 76 Sales 77 $794 78 $721 79 $854 80 $912 $1,020 81 Image not displaying? =Lowest O=Min =Floor) =Smallest =Bottom
Answers
MIN( ), min function returns the smallest numeric value in a range of values. $721 is the minimum out of the given 5 values, so here use MIN function. There is no function as smallest, lowest and bottom in excel.
What is MIN()?The MIN function in Excel is a built-in function that locates the lowest value inside a range. Text-filled cells are ignored by the function. Only cells containing numbers will function properly. In contrast to MIN, another function named MAX seeks the largest value inside a range.
Your data range is checked using the MIN function, which returns the least number in the set. The MIN function gives the result that is the smallest numeric value in the given data. Any form of numeric data can have its lowest value returned using the MIN function.
Its syntax is the following: MIN(number1, [number2], …) number1, [number2]
To know more about MIN function, visit:
https://brainly.com/question/12321880
#SPJ1
Gus receives a paycheck at the end of every week. Which reinforcement schedule is this?.
Answers
Fixed-interval schedule, Gus gets paid every week at the end of the workweek.
What is reinforcement schedule?
A "reinforcement schedule" is essentially a guideline that specifies which behaviors will be rewarded. Fixed-Ratio, Fixed Interval, Variable-Ratio, and Variable-Interval schedules are among the four categories.
Reinforcement becomes accessible according to a fixed-interval schedule after a predetermined amount of time.
This schedule results in higher response levels at the end of the interval but lower response levels just after the reinforcer is given.
As a result, in this case reinforcement schedule is fixed interval schedule.
Learn more about on reinforcement schedule, here:
https://brainly.com/question/12282349
#SPJ1
Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,
Answers
International business facilitates the mobility of all of the following factors of production EXCEPT:
a) Technology
b) Capital
c) Laborers
d) Land
e) Managers
Answers
International business facilitates the mobility of all of the following factors of production EXCEPT land. This is the correct option among the given options.
What is international business?
International business is the trade of goods, services, technology, capital, or knowledge across national borders and at a global or transnational level. This can also be referred to as cross-border business, overseas business, or global business. It is characterized by the transaction between different countries, people, and different business institutions.
The factors of production are the resources required for the production of goods and services. International business is involved in the movement of all factors of production that include capital, laborers, technology and managers but it excludes land.
Technology - International business involves the transfer of technology, ideas, patents, copyrights, and licenses from one country to another. By leveraging technology transfer, businesses can gain a competitive edge and reduce research and development costs.
Capital - Capital, which is defined as investment funds, is crucial for international business as it enables firms to finance operations in foreign countries, invest in technology, research and development, and purchase raw materials.
Laborers - International business requires human resources, such as laborers and managers, to operate. Businesses must address cultural and linguistic differences, work permits and visa requirements, and adhere to local labor laws.
Managers - International businesses require skilled managers to oversee operations, plan strategies, and manage teams. They must navigate cultural and legal differences and comply with local regulations to succeed in foreign markets.
Land - International business does not facilitate the mobility of land. However, businesses must deal with laws and regulations regarding land ownership in foreign countries. They also need to purchase or lease land to establish their operations in foreign countries.
International business helps to utilize all these factors of production efficiently and effectively for producing goods and services for different countries.
Learn more about International business: https://brainly.com/question/14690606
#SPJ11
Sam farber launched never-before-seen products that are targeted towards people with dexterity problems. In which stage of buyer readiness was his target market?.
Answers
If Sam farber launched never-before-seen products that are targeted towards people with dexterity problems. The stage of buyer readiness was his target market is awareness.
What is target market awareness?
Market awareness can be defined as form of advertisement or marketing so as to create awareness about a new product that has not been seen in the market before.
This awareness enables people to be aware of the product as well as the brand which inturn can help to increase sales leading to more revenue or profit.
Therefore awareness is the stage of the buyer readiness .
Learn more about market awareness here: https://brainly.com/question/25754149
#SPJ1
an entrepreneur who starts a new business is not considered to be a manager. True/False?
Answers
An entrepreneur who starts a new business is not considered to be a manager. - False
The act of founding or launching a new business venture with the intention of turning a profit is known as entrepreneurship. This can entail determining a market need, creating a business plan, obtaining money, and gathering resources to make the enterprise successful. Thus, a person who runs the business is an entrepreneur.
Even though new business founders may lack conventional managerial education or experience, they frequently take on administrative responsibilities inside their own organisation. Some of these responsibilities are planning, organizing, leading, and controlling the enterprise. In fact, good management abilities, such as the capacity to manage resources, organize a team, and adjust to changing conditions, are frequently necessary for successful entrepreneurship. Thus, an entrepreneur who launches a new enterprise can undoubtedly be regarded as a manager.
Read more about entrepreneurs on:
https://brainly.com/question/29544554
#SPJ4
8.Discuss
how does managers use cost behavior and cost-volume-profit
analysis
9.Explain
the effects of sales mix on profits (Appendix
2A).
10.What
are the assumptions used for CVP analysis
Answers
8. Managers use cost behavior and cost-volume-profit analysis to make informed decisions about their business operations. Cost behavior refers to how costs change in relation to changes in activity levels, such as production or sales volume.
Cost-volume-profit (CVP) analysis is a tool that managers use to understand the relationship between costs, volume, and profits. It allows them to analyze how changes in volume or sales affect costs and profits.
9. The sales mix refers to the proportion of different products or services sold by a company. The effects of sales mix on profits can be significant. Different products or services may have different profit margins, variable costs, and contribution margins (the difference between sales revenue and variable costs). Therefore, a change in the sales mix can impact overall profitability.
10. Cost-Volume-Profit (CVP) analysis is based on certain assumptions that help simplify the analysis and provide useful insights. The assumptions commonly used for CVP analysis are:
- Sales price per unit remains constant: CVP analysis assumes that the selling price per unit does not change with changes in volume. In reality, companies may offer discounts or adjust prices based on volume, market conditions, or other factors. However, for the purpose of CVP analysis, assuming a constant sales price simplifies calculations and provides a starting point for analysis.
- Variable cost per unit remains constant: CVP analysis assumes that the variable cost per unit remains the same regardless of changes in volume. In practice, variable costs may vary with volume due to economies of scale, supplier discounts, or other factors. Again, this assumption helps simplify calculations and provides a baseline for analysis.
- Fixed costs remain constant: CVP analysis assumes that fixed costs, such as rent, salaries, and depreciation, do not change within the relevant range of activity. In reality, fixed costs may vary over time or with significant changes in volume. However, assuming constant fixed costs allows managers to assess the impact of changes in volume on profits.
- The sales mix remains constant: CVP analysis assumes that the proportion of different products or services sold remains constant. This assumption helps isolate the effects of volume changes on profits. In practice, the sales mix may vary due to changes in customer preferences or market conditions. However, assuming a constant sales mix simplifies the analysis and provides a starting point for understanding the impact of volume on profits.
Learn more about cost-volume-profit from the given link:
https://brainly.com/question/56315575
#SPJ11
With a command economy, do individuals have choice and flexibility
Answers
explain the advantages of a yearly staff appraisal to both the organisation and the employees
Answers
Advantages for the organization:
Performance Improvement: Regular staff appraisals enable an organization to identify employees' strengths and weaknesses, set objectives, and provide feedback to help employees develop and improve their skills and knowledge.
Goal Setting: Yearly staff appraisals provide an opportunity to set performance goals that align with the organization's overall goals and objectives. This helps ensure that employees are working towards the company's strategic objectives.
Retention: Providing regular feedback on employees' performance can help retain employees. Employees feel more valued and motivated when they receive feedback and have an opportunity to discuss their performance with their manager. It also gives them an opportunity to provide feedback on the organization's policies and procedures.
Legal Compliance: Regular staff appraisals help ensure that the organization is meeting its legal obligations by documenting employees' performance and behavior.
Advantages for the employees:
Recognition: Yearly staff appraisals provide an opportunity for employees to receive recognition for their achievements and contributions to the organization. This can help boost morale and motivation, leading to increased job satisfaction.
Career Development: Staff appraisals provide a platform for discussing career aspirations and identifying opportunities for career development. This can help employees develop new skills and take on new challenges.
Communication: Staff appraisals provide a forum for open communication between managers and employees. This can help build trust and improve relationships, leading to increased job satisfaction and a positive work environment.
Feedback: Yearly staff appraisals provide an opportunity for employees to receive constructive feedback on their performance. This feedback can help employees understand their strengths and weaknesses, and identify areas where they can improve.
In summary, yearly staff appraisals are beneficial for both the organization and its employees. They provide an opportunity to discuss performance, set goals, and provide feedback. This can lead to improved performance, increased job satisfaction, and a positive work environment.
This year was the best year for workers
Business
12 questions please help!!
Answers
Answer:
Fill in the blanks
Explanation:
Answer: 1. Unsecured loans 2. Business credit card 3. Unsecured loan 4. Small Business Investment Companies 5. Reserve Fund 6. Routine 7. Operating costs 8. Secured loan 9. Commercial Debt Financing 10. Small Business Administration 11. Sound 12. Venture Capital Firm
Explanation:
Breton Woods Standards were found to be inadequate mainly because
Answers
Answer:
A key reason for Bretton Woods' collapse was the inflationary monetary policy that was inappropriate for the key currency country of the system.
Explanation:
The US decision to suspend gold convertibility ended a key aspect of the Bretton Woods system. The remaining part of the System, the adjustable peg disappeared by March 1973.
Samantha makes $250.00 a week and saves 10% of her paycheck each week. How much will she save in 12 months
Answers
Answer:
7
Explanation:
9867=7
Which of the following financial institutions does not take customer
deposits?
A. Investment bank
B. Credit union
C. Commercial bank
D. Savings bank
Answers
Option (A) Investment bank is correct.
Investment bank does not take customer deposits.
What meant by Investment bank?Investment banks are financial institutions that sell their services and act as a middleman in complex transactions like mergers or a startup's initial public offering (IPO). They are also capable of acting as brokers or financial advisers for significant institutional clients like pension funds.
Investment banks do not accept deposits; rather, they help individuals, groups, and governments raise money by issuing securities. Investment companies, often known as mutual fund companies, pool money from institutional and ordinary investors to offer them access to a greater variety of assets. While some financial institutions take deposits, others only offer particular banking services. These non-depository financial institutions include brokerage houses, finance companies, insurance companies, and pension funds. They provide services to both people and companies.
Learn more about Investment bank here
https://brainly.com/question/15390021
#SPJ13
those who do not make goods, but only sell or lease them, cannot be held liable for harm caused by those goods to a consumer.. True/False
Answers
A person who merely sells or leases the product rather than making it is not accountable for any harm the product causes to the consumer. This assertion is untrue.
No one who only sells or leases things may be held accountable for any damage such items cause to a consumer. Only if the injured party bought the faulty product in the first place may they file a negligence claim.
The item's maker, not the supplier or the sale, is often accountable. However, if more than one company participated in the item's creation, they might all be held accountable for the flaw.
To learn more about consumers
https://brainly.com/question/27773546
#SPJ4
What is the opportunity cost of studying for the test in order to get a good grade?
Answers
Answer:
the opportunity cost is the time spent studying and that money to spend on something else
The time spent studying and the money that could have been used for something else are the opportunity costs.
What is opportunity cost?According to microeconomic theory, an activity's opportunity cost is the value or gain that is forfeited in exchange for engaging in that activity as opposed to engaging in an alternative activity. More precisely, it means that by choosing one course of action (such as making an investment), you are forfeiting the chance to take an other course of action. The activity that yields the highest return among all others, net of opportunity costs, is the one that is considered to be the ideal activity.
The goal of opportunity cost is to ensure efficient use of limited resources as a depiction of the relationship between scarcity and choice. It takes into account all decision-related expenses, both explicit and implicit.
Learn more about opportunity costs, from:
brainly.com/question/13036997
#SPJ2
what is your names my name is janaye
Answers
Answer:
Elijah but I go by Mayhem
Explanation:
Answer:
my name is Michelle
Explanation: LOL
why would a business ower lower the price of a product
Answers
Answer:
he would do so becaus the canadiens wer smugling syrup and it was making trhe price go yeet, so ppl who didnt sell at thaat price had to lower or go ot of business!1
Explanation:
Answer: A business owner may lower the price of a product if there isn't enough demand or as a promotion. A business owner's price for their products/services should only be what consumers would pay for. If they aren't willing to pay the expensive price, they should lower it. The owner may also lower the price as part of a sale to attract customers or to get rid of the product.
I hope this helped!
Good luck <3
Which of the following business ownership structures offers the best liability protection but higher taxes?
Answers
Answer:
C corporations
Explanation:
A ' C ' corporation is a business ownership structure that treats owners and the business as separate legal entities. In Tax computations, the corporation fulfills the corporate tax requirements while the shareholders need to file individual income tax returns. These seem to be an aspect of double taxation, which makes the C corporation's highest tax payers.
C corporations have limited liability feature, which makes them popular among investors. The limited liability element safeguards shareholders' personal properties from creditors should the business fail to meet its obligations.