BUSINESS HIGH SCHOOL

Select the true statement(s) about entrepreneurs.Entrepreneurs usually wind up making a lot of money.
A small 4 owner may be an entrepreneur and a producer.
Entrepreneurs believe they can make a profit from their invention.
Entrepreneurs usually work longer hours than most people.

Answers

Answer 1
Answer: The most appropriate answer is Entrepreneurs believe they can make a profit from their invention

That's why a lot of entrepreneurs were a college dropout. Rather than following what people say they have to do in order to earn money, they believe in their inventions and decided to pursue it
Answer 2
Answer:

Answer: statement C

Explanation: In simple words, an entrepreneur refers to an individual who manages and operates a business with the objective of earning monetary benefits and bore more than the average risk to do so.

These individuals are the idea generates for the business and usually tries to sell their new invention into the market with the hope of earning lots of money.

Hence from the above we can conclude that the correct option is C.

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What is the failure rate for a franchise? A. 5 percent B. 30 percent C. 50 percent D. 15 percent

Answers

ANSWER:

A. 5

STEP-BY-STEP EXPLANATION:

A few experts deciphered the information to state that over a five-year stretch, 5 percent of units shut. Flip that around, and you have the detail that establishments have a 95 percent achievement rate over a given five years. Here's the trick: The information was not inspected, and since franchisors picked whether to address the inquiries, all things considered, the pool of respondents included more fruitful establishments than ineffective ones.
A. 5 percent
:)
hope it helps

Suggest one project that Bricks Construction could implement to address each key problem listed in the scenario (unemployment, Lack of housing and poor education and training)

Answers

Here are some projects that bricks construction could implement to address each of the keys problem :

- Unemployment: Create more projects which could use a lot of uneducated workers
- Lack of housing : Create some sort of company's complex allocated only for workers
- Poor Education and Training : Create more education center that teach future workers about specific skill set

Which is the most liquid form of money?cash and currency in circulation

investment accounts

savings accounts

demand accounts

Answers

The most liquid form of money is demand accounts, also known as demand deposits or checking accounts.

Which is the most liquid form of money?

These accounts are offered by banks and credit unions and allow customers to deposit and withdraw funds on demand without any restrictions or penalties. This means that the money in a demand account is readily available and can be used for transactions or withdrawals at any time.

Cash and currency in circulation are also highly liquid forms of money, but they are not as convenient for large transactions and can be less secure than demand accounts.

Investment accounts and savings accounts are less liquid than demand accounts because they typically have restrictions on withdrawals, such as penalties or notice requirements, and may have minimum balance requirements or other limitations.

Overall, demand accounts are the most popular and widely used form of liquid money because of their ease of use and accessibility. They are also insured by the Federal Deposit Insurance Corporation (FDIC) in the United States, providing an extra level of security for depositors.

Learn more about demand accounts here

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The answer is A - I just took the test!

PinBall Inc. sought the help of Blazer Corp. to help them reach a niche group of vendors that they have been trying to do business with. Blazer offers the solution of publishing an advertisement in a trade journal which would help create awareness about the firm's product. In this scenario, Blazer Corp. specializes in _____.

Answers

Answer: Trade-market sales promotions

Explanation:

 According to the given scenario, the blazer corporation is basically specialized in the trade market sales promotion as it involve the various types of marketing based tactics that helps in accomplish the given goal in an organization for increase the products and the services demand in the market.

The marketing sales promotion helps in promoting the various types of company products in the market to increase the awareness among the customers or users.

 Therefore, Trade market sales promotion is the correct answer.

Sometimes onsite contracted employees are self-employed or are employees of an organization hired for a specific, one-time purpose. These people are typically referred to as ____________________.

Answers

Answer:

Consultant:

Explanation:

Consultant:

consultant are purpose specific employee. They work either for them self or with any organisation on making strategy, planning work. They are used as payroll employee which work for more business profit. Company has fixed their commission for every business deal they will do.

consultant can be of different category:

1) technical consultant

2) legal consultant

3)  marketing consultant

4) strategy consultant and etc

Abby Cleaning Services planned to provide cleaning services to 50 customers for $30 per hour during the month. Each job was expected to take 4 hours. The company actually served 5 less customers than expected and spent an average on each job of 4.5 hours. What is Abby Cleaning Services Revenue for the month?

Answers

Answer:

The Abby Cleaning Services Revenue for the month is $6,075 i.e $75 more than the expected.

Explanation:

Given:

Planned number of customers = 50

Charges = $30 per hour

Expected time taken = 4 hours

Therefore,

The expected revenue = 50 × $30 × 4 = $6,000

Actual number of customers served = 50 - 5 = 45

Actual time time taken = 4.5 hours

Actual revenue = 45 × $30 × 4.5 = $6,075

Hence,

the Abby Cleaning Services Revenue for the month is $6,075 i.e $75 more than the expected.
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