Answer: Opportunity Recognition.
Explanation:
Opportunity Recognition is a process where an entrepreneur or an organization spend time to think to identify business opportunities that they are not originally aware of. It involves brainstorming to identify areas of opportunities in a market.
Opportunity recognition refers to the process of identifying and realizing new ideas for business opportunities. It requires 'entrepreneurial alertness' to perceive and seize these opportunities.
The term 'Opportunity recognition' refers to the process of searching and capturing new ideas that lead to business opportunities. It involves the identification and evaluation of opportunities in the market which can provide a basis for a new product, service or improvement to an existing product or service. For instance, an entrepreneur might recognize an opportunity to create an innovative technology to solve a common problem or meet a demand in the market. This process requires entrepreneurial alertness, a trait that allows entrepreneurs to perceive and respond to new business opportunities that others may overlook.
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Answer: B) $13.89 per share
Explanation:
In order to find the net asset value or NAV of a mutual fund we have to know the liabilities and assets that fund has as of the date that we want to calculate the NAV. Then we will subtract its total liabilities from its total assets. Then we will divide that number by the number of shares to find the net asset value.
Total assets = 750 million
Total liabilities = 125 million
Current shares outstanding = 45 million
(750 million - 125 million)/45 million =13.89
Answer:
0.45
Explanation:
Total Asset turnover is the relationship between the total asset and the total sales. It measure the turnover generated by assets and shows how fully a company is utilizing its assets.
It is calculated as Net Sales / Average Total asset.
Average total asset is calculated as Asset at Beginning + Asset at closing / 2
Applying the formula
The total sales = $900,000 while the total asset is $2, 000,000
$900,000/$2,000,000 = 0.45
Note: The beginning and closing Asset were not given so $2,000,000 is regarded to as the average asset.