Answer:
1. One of the unexpected drawbacks of starting your own business is:
Loneliness
2. Meeting clients in person instead of talking with them on the phone can help to reduce _______ when you own your own business.
Loneliness
3. The freedom of working for yourself is necessarily limited by
Your own skills and abilities
4. Which of the following is an example of a franchise?
Radio Shack
5. When you first started your new business, you were so excited about the large volume of orders you had. One year later, you find that your orders are less than half of what they were in the beginning. What is the most probable cause of this decrease in order?
You failed to continue your marketing efforts.
6. As a noncommissioned employee in a company, your pay rate is most likely based on
The going rate for your job
7. After you open your new business is not the best time to
Conduct research on your product
8. The best way to avoid cash flow problems is
Constant marketing
9. A great business idea is
The beginning of a great business.
10. One of the advantages of starting your own business is
Profit
11. Which of the following is an advantage of starting a new business?
You don't have to compensate for someone else's mistakes
12. The number one reason for failure of new business is
Insufficient cash
13. Of all new business, how many make it through their second year
20%
14. What is one of the advantages of buying an existing business?
Its track record lets you know what to expect
15. Of these types of businesses, which one requires the most drive and motivation?
A new business
16. What is the failure rate for a franchise?
5 percent
17. The price for predictability is often
Long-term boredom
18. How will you save money by buying a franchise?
You can get a volume discount on your products
19. Asking yourself "What can I do to build a loyal customer base?" is an example of
Creativity
20. The freedom to make your own decisions can be limited if the business you choose is a
Franchise
All of these answers are completely 100% correct.
Hope this helps! ;)
The best way to avoid cash flow problems is C. constant marketing. option C is correct.
The goal of marketing is to generate interest in the goods or services that your business offers. Understanding the interests of your potential customer and conducting market research enable this. Marketing pertains to all aspects of a business, including product development, distribution methods, sales, and advertising.
Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience
Therefore, option C is correct.
Learn more about marketing at;
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Answer: Higher, averse , higher, risk premium.
Explanation: According to the question "Risk is an important concept affecting security prices and rates of return. Risk is the chance that some unfavorable event will occur, and there is a trade-off between risk and return. The higher an investment's risk, the HIGHER the return required to induce investors to purchase the asset. This relationship between risk and return indicates that investors are risk AVERSE; investors dislike risk and require HIGHER rates of return as an inducement to buy. A RISK PREMIUM represents the additional compensation investors require for bearing risk; it is the difference between the expected rate of return on a given risky asset and that on a less risky asset. An asset's risk can be considered in two ways: On a stand-alone basis and in a portfolio context".
Answer:
b). one agent secures benefits that others pay for.
Explanation:
The free-rider problem is described as the problem when some individuals consume or take the benefit of a resource without paying for it. in this problem, one agent is being benefitted from the resources that the others are paying for. This creates a load on a shared resource and eventually causes market failure. In order to cope with this problem, the organizations must ensure a fair distribution of resources and their benefits as per the payment made by the agents. Therefore, option B is the correct answer.
B.marginal benefit
C.opportunity cost
D.marginal cost
Opportunity cost represents the value of the second-best alternative that a person gives up when making a choice. Correct answer: C
Opportunity cost is the value of something that is given up to get something else that is wanted and is expressed as the value of the next best alternative to the choice made.
The cotton gin cleaned cotton fiber, which could then be made into clothing and other textiles.
Answer:
To have a high credit score, you must have been consistent with your debt repayment since you started taking loans.
Your friend would therefore be incorrect in assuming that all those who did not miss a payment in one single year will all high credit scores because your friend is not taking into account the previous years.
Some of those people might have delayed or defaulted on previous loans for one reason or the other but were able to keep up with new payments in 2015. Whilst this would improve their credit score, it would still be low as a result of the actions of the previous years that decreased it.