Explain the role of an entrepreneur in the economy

Answers

Answer 1
Answer: To start their own business, usually this supports their local economy however still depending on their success. 

Related Questions

Which of the following is a type of savings vehicle?
On its december 31, 2017, balance sheet, calgary industries reports equipment of $370,000 and accumulated depreciation of $74,000. during 2018, the company plans to purchase additional equipment costing $80,000 and expects depreciation expense of $30,000. additionally, it plans to dispose of equipment that originally cost $42,000 and had accumulated depreciation of $5,600. the balances for equipment and accumulated depreciation, respectively, on the december 31, 2018 budgeted balance sheet are:
IWhich of the following will affect the size of your monthly mortgage payment?
1. All of the following factors contributed to explosive economic growth during the Gilded Age EXCEPT a. availability of capital for investment. b. a growing supply of labor. c. abundant natural resources. d. low tariffs. e. federal land grants to railroads.
sometimes sellers have little choice in setting a selling price because it is already marked on the item by the manufacturer. which of the following commodities is mentioned in your reading material as a common example of this?

Bradley was recently promoted to the production manager of a busy shoe factory. He was chosen because prior to his promotion he had proven himself to be very efficient, and as a department manager he had a logical and practical approach to solving problems. Bradley has a reputation for being decisive and getting things done. Most of the factory's employees like Bradley, but they feel he exercises too much control over them. Bradley has a(n) ________ style. Group of answer choices conceptual behavioral ambiguous directive analytical

Answers

Answer:

Option d "Directive" is the correct alternative.

Explanation:

  • Under this approach, management teams or supervisors should lead the organizational objectives of workers and design the way to reach these objectives.
  • The manner including its directive ensures that perhaps the organization specifically addresses as well as follows the guidelines and restrictions.

All other alternatives aren't connected to the scenario. So the above is the right approach.

What are four causes of loss in job satisfaction?

Answers

Well I think it is going to be low pay, lack of growth, bad management, and lack of interest.

Final answer:

Four common causes of job satisfaction loss include inadequate compensation, lack of recognition, poor work-life balance, and lack of career growth.

Explanation:

Loss in job satisfaction can be caused by various factors. Four common causes include:

  1. Inadequate compensation: When employees feel that they are not being fairly paid for their work, it can lead to a decline in job satisfaction.
  2. Lack of recognition: Employees who do not receive adequate recognition or appreciation for their efforts may become dissatisfied with their job.
  3. Poor work-life balance: When individuals are unable to find a balance between their work and personal life, it can lead to job dissatisfaction.
  4. Lack of career growth: If employees feel that there are limited opportunities for advancement or professional development within their organization, it can negatively impact their job satisfaction.

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Read the scenario. The citizens of Country D have noticed that the average prices of most goods within their nation have begun to rise. At the same time, employers are not raising wages at the same rate. The combination of these challenges has resulted in a decrease in overall demand, causing a decline in GDP. According to the scenario, what is the greatest economic challenge that Country D is facing?

Answers

Answer:

Inflation and all are affected

Explanation:

Got it right

Final answer:

Country D is facing the economic challenge of inflation, where rising prices are not matched by wage increases, leading to a decrease in purchasing power and a potential decline in real GDP.

Explanation:

Country D is facing a significant economic challenge known as inflation. This phenomenon is characterized by the average prices of goods rising without a commensurate increase in wages, which decreases purchasing power and overall demand. This can result in a decline in Gross Domestic Product (GDP), which measures the value of output of goods and services. When only nominal GDP increases due to higher price levels, without a real increase in output, the economy isn't actually growing, and it doesn't reflect an increase in the economic well-being of its citizens.

Furthermore, the imbalance between wage growth and price increases may lead to a deceleration in economic activity, potentially indicating the onset of a recession, which is a significant decline in GDP. This economic contraction can be exacerbated by government deficits and related policy responses, such as spending cuts and tax increases that have a contractionary effect on aggregate demand.

Leaders are responsible for creating an environment free of sexual harassment and assault. Leaders must foster peer-to-peer prevention methods at all levels. Which of the following facilitates a safe environment free of sexual harassment and assault?a. Intervention
b. Avoidance
c. Collateral
d. Restricted

Answers

I believe the answer is: a. Intervention

Intervention of sexual harassment refers to the efforts that made by organizations to prevent sexual harassment from happening in the first place.

Example of an intervention would be providing seminar on sexual harassment for the employees, providing open policy regarding the punishment for someone that conducted sexual harassment, installing security camera, etc.
The answer is Intervention. 
Leaders are responsible for creating an environment free of sexual harassment and assault. Leader must foster peer to peer prevention methods at all. Leaders having an intervention with his or her employee makes the place safer for sexual harassment and assault.

Ricardo wants to buy a new tablet that costs $1,150. he will make a down payment of $250 and will make monthly payments of $50. write an equation in slope-intercept form that ricardo can use to determine how much he will own after n months.

Answers

y=50x+250 is the original. Substitute the words from the word problem, and you have 1150=50n+250. I even solved for you, in case you wanted to know.

Final answer:

To determine how much Ricardo will owe after n months, we must account for his down payment and his monthly payments on the tablet. Subtracting the down payment from the total cost, we start with an initial debt of $900. Then, through monthly payments of $50, this debt is decreased, resulting in the equation: y = -50n + 900.

Explanation:

The subject matter is looking for an equation in slope-intercept form to determine how much Ricardo will still owe after making a down payment and monthly payments for n months on a tablet. You first should subtract the down payment from the overall cost of the tablet to understand the total amount Ricardo will owe after making the down payment. Given the tablet costs $1,150 and Ricardo's down payment is $250, his initial debt (y-intercept) is $1150 - $250 = $900.

After that, Ricardo will start making monthly payments. These payments represent a monthly decrease in the amount he owes, so they are represented by a negative slope. Since he'll be paying $50 each month, the equation to find the principal balance remaining (y) after 'n' months would be: y = -50n + 900.

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________ pricing involves setting prices based on the costs for producing, distributing, andselling the product plus a fair rate of return for the company's efforts and risks.A) Value-based
B) Fixed cost
C) Cost-based
D) Variable

Answers

Answer:

C) Cost-based

Explanation:

Cost-based based pricing is a pricing strategy where price is a mark up of cost of production. Price is the sum of cost of production and an extra amount to account for profit.

Value based pricing is setting prices at the consumers' perceived value for the product.

Fixed pricing is when price remains unchanged over a long period of time.

Variable pricing is when price changes based on location, region and other factors

I hope my answer helps you