summarise FIVE challenges which a new entrepreneur entering the job market could encounter​

Answers

Answer 1
Losing money if the product or idea isn’t successful. Marketing strategies.Getting funds for your project. Decision making. Facing competition
Answer 2

The five challenges that a new entrepreneur entering the job market could encounter are 1. Creating a Business Concept 2. Managing Cash Flow 3. Hiring Employees  4. Selecting Products to Sell 5. Marketing Techniques & strategies.

Who is an entrepreneur?

An entrepreneur is a person who takes risks of starting a business based on ideas or products he has invented, taking on the most out of the risk and reaping the majority of the gains.

To explain more about the challenges faced by the entrepreneur are as follows:

Creating a Vision and a Business ConceptRaising Funds for Your Startup Putting Together a Business Team Locating a Good Business Location Recruiting Good Workers Identifying Potential Clients Competitor management Unpredictable Business Difficulties and Expenses, among many other things

Hence, these are some of the challenges faced by the new entrepreneur.

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Related Questions

Managers can help to change the organization's culture by paying attention to which ______ they use as narratives to symbolize the organization's vision and values to employees.

Answers

An organization's culture can be changed when managers pay attention to which stories are used as narratives to symbolize the organization's vision and values to employees.

Who is a manager?

A manager refers to an individual who is saddled with the responsibility of providing support, guidance, administrative control, supervision, as well as acting as a role model (example) to the employees working in an organization especially by being morally upright and promoting the organization's culture, vison, and values at all times.

This ultimately implies that, an organization's culture can be changed when managers pay attention to which stories are used as narratives to symbolize the organization's vision and values to employees.

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Answer:

stories

Explanation:

What two things should be included when summarizing?

1.Numbers
2.Main idea
3.Key points
4.Names

Answers

2. main idea
3. key points
2&3
Main idea and also Key points

value:
35.00 points
Problem 18-8 Completing a Ten-Column Work Sheet
The Trial Balance for River's Edge Canoe & Kayak, as of August 31, is listed below.
1. Prepare a ten-column work sheet for River's Edge Canoe & Kayak for the year ended August 31. The
totals will be automatically calculated.
(a) The cost of the ending merchandise inventory is $45,669.
(b) The cost of the supplies on hand on August 31 is $619.
(c) The one-year insurance premium of $1,680 was paid on April 1.
(d) The total federal income taxes owed for the year are $2,635.
River's Edge Canoe & Kay
Work Sheet
For the Year Ended August 3

Answers

It is to be noted that the following question below is about a Trial Balance. This is a type of reconciliation book in Financial Accounting.

What is a Trial Balance?

Please, note that the original worksheet is not attached, hence the general answer.

This, in financial accounting, refers to the statements or records of all credits and debits in a double-entry accounting book which includes all errors or disagreements between figures and accounts.

Usually, all debit and credit columns sums must and should be equal to show that the account has been balanced.

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Describe how a recent a
change in supply has affected a
product that you regularly purchase?

Answers

Because the supply curve is lower than the demand curve, price and quantity are determined by the law of demand. If the price falls, the quantity rises. If more and more ppl purchase it, the price goes up

As a result of a change in the supply of crude oil, gasoline - which is a regularly purchased product - has increased in price.

What happens to price when supply decreases?

The supply of crude oil and natural gas has decreased world wide as a result of sanctions on Russia.

As a result, this has led to increased prices in crude oil products such as gasoline because prices usually rise when supply decreases.

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A group that sponsors bike helmet poster contests for children to promote bicycle safety is providing which marketing offering

Answers

Ideas is your answer

With ______, an organization can parcel out the entire complex work effort to be performed by specialists, which results in greater efficiency.

Answers

With division of labor, an organization can parcel out the entire complex work effort to be performed by specialists, which results in greater efficiency.

What is division of labor?

Division of labor can simply be defined as the division of tasks in order to enable different person or individual to be involved in the tasks.

Division of labor tend to lead to efficiency when task are allocated to separate individual.

With division of labor an organization or company can allocate or assigned the whole tasks to be performed to different individual which are specialists in the field they are.

Inconclusion with division of labor, an organization can parcel out the entire complex work effort to be performed by specialists, which results in greater efficiency.

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When frank sells a pie to jean instead of sarah, the economic value created in society is lower because of the difference in:.

Answers

When frank sells a pie to jean instead of sarah, the economic value created in society is lower because of the difference in consumer surplus.

What is consumer surplus?

Consumer surplus occurs when a consumer pays a price that is lesser for a goods than the actual price they are willing to pay for a product.

Difference in consumer surplus occurs because Frank now has more customers and he can now sell at a price lower than the consumer would pay.

Therefore, Frank sells a pie to jean instead of sarah,when the economic value created in society is lower because of the difference in consumer surplus.

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In the current external business environment as described in the text book, which of the following statements is true a. companies are more adversarial than ever before b. corporate culture defines success c. the business environment is static d. mergers are decling e. joint ventures are on the rise\\

Answers

Answer:

A. companies are more adversarial than ever before

Which of the following would be a good argument to buy rather than lease? a. ""Money is really tight. I need the lowest possible monthly payment. "" b. ""It is very important for my image to drive the newest cars available. "" c. ""I’m only going to need it for a few years before I move back to Great Britain. "" d. ""I would prefer to walk out of the deal in the end with something to show for the money I put in. "" Please select the best answer from the choices provided A B C D.

Answers

When we buy something it becomes our property after purchase but not in the case of lease agreement. Thus, the correct option is "I would like to walk out of the deal with something to show for the money I put in,"

What exactly is a lease?

A lease is a legal agreement in which a user agrees to pay the owner for the use of an item.

This differs from buying, in this the property turns into the users' assets after purchase; nonetheless, those who "would want to walk out of the deal with something to show for the money I put in" can choose to buy rather than lease.

Thus, Option D is the correct answer.

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Answer:

d

Explanation:

When considering a product's characteristics and the rate of adoption, complexity refers to the degree to which a new product is _______.

Answers

Complexity has to do with how it's difficult to understand and use the new product.

What is complexity?

Complexity simply means the difficulties regarding the use of a particular product.

In this case, when considering a product's characteristics and the rate of adoption, complexity refers to the degree to which a new product is the difficulties to understand and use the new product.

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With huge amounts of money being invested in securities during the longest and biggest bull market in American history, who became involved in joining the feeding frenzy

Answers

It should be noted that when the biggest bull market was witnessed, the Golden Sach became involved in joining the feeding frenzy.

What is a bull market?

It should be noted that a bull market means a condition of financial market where prices are expected to rise.

With huge amounts of money being invested in securities during the longest and biggest bull market in American history, Golden Sachs joined. They are simply an investment company and saw this as an opportunity to increase revenue.

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Jenna Parker owns and manages her single member LLC (which she taxes as a sole proprietorship) that provides services to her clients (i.e., specified service business). Her LLC reports net income of $100,000 after all applicable deductions, W-2 wages of $30,000, and assets with an unadjusted basis of $100,000. She is unmarried without dependents, and receives qualified dividends of $50,000. Assuming Jenna's itemize deductions are $10,000, what is her QBI deduction for the current year?

Answers

Answer:

am 30$ Jenny Parker owns and manqges

The united states often engages in ________, which is the use of government regulations to limit the import of goods and services and to protect u. S. Industries against foreign competition.

Answers

Every country looks for a ways to protect the interest of her citizens. Hence, in this case, the United States engages in trade policy.

Trade Policy

Trade policy is a government's policy regulating international trade. Trade policy is an enbedded term that is used to cater for issues related to international trade. Types and aspects of trade policy include: regionalism, Bilateral free trade and Preferential trade agreements.

Therefore, the correct answer is trade policy.

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An agreement that requires employees to settle disputes with their employer using arbitration instead of a lawsuit is known as

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An agreement that requires employees to settle disputes with their employer using arbitration instead of a lawsuit is known as a mandatory arbitration agreement .

In such agreements, both the employer and the employee agree to resolve any conflicts or disputes that may arise in the course of employment through arbitration rather than through the court system.

Arbitration is a form of alternative dispute resolution where an independent third party, known as an arbitrator, reviews the evidence and arguments presented by both parties and makes a binding decision on the matter.

It is considered an alternative to litigation and is often seen as a more cost-effective and efficient way to resolve disputes.

However, critics of mandatory arbitration agreements argue that they can limit employees' access to justice and reduce their ability to pursue legal claims against their employers.

They claim that arbitration may not always provide employees with the same level of procedural fairness and protections as a court trial and can favor employers, leading to potential injustices.

As a result, the use of mandatory arbitration agreements in employment contracts has been a topic of ongoing debate and legal scrutiny.

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money invested is usually used to do which of the following?
A. Purchase expensive items
B. Pay off loans
C. Achieve long-term goals
D. Pay for emergencies

Answers

It should be noted that money invested is to C. Achieve long-term goals

What is money?

It should be noted that money is a means of exchange. It is required for our transactions.

When money is invested, the purpose is simply to achieve long-term goals. This can be an increase in revenue, prepare for future financial needs, etc.

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Which option allows you to pool your money and invest in a portfolio with other
investors? (Select the best answer.)
a 529 plan
a 401(k) plan
an IRA account
a mutual fund

Answers

Answer:

a mutul fund

A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its portfolio. Investors buy shares in mutual funds.

Explanation:

have a great day ahead ":)

Answer:

a mutul fund

Explanation:

When you have to talk to your supervisor about a problem, it is a good idea to offer your own ______. A. Solution b. Complaint c. Gossip d. Feedback.

Answers

It is good to give a solution when you have to talk to your supervisor about a problem, it is better to improve a situation than to make it worse. Thus, option A. is the correct answer.

What do you mean by workplace etiquette?

A code that governs the expectations of public conduct in the workplace is called workplace etiquette.

It is always recommended to behave in a discipline order while working in an organization which also includes maintaining a work ethics culture that will help the organization to sustain itself in the long run.

Thus, when an employee has to talk to his/her supervisor about a problem, it's good to offer a solution, which forms part of working workplace etiquette. Option A. is the correct answer.

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Answer:

its a

Explanation:

Estonia is a member of this trading bloc, _______, which has a shared currency across most of its countries. Additionally, many of the governments in this trading bloc are similar in form.

Answers

All European Union Member States are part of Economic and Monetary Union (EMU) and coordinate their economic policy-making to support the economic aims of the European Union. Therefore, Estonia is a member of European Union.

European Union

The european union consists of those Member States of the European Union that have adopted the euro as their currency.

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When a company introduces new product brands as defensive moves to counteract competition, these brands are called ______ brands.

Answers

Answer:

When a company introduces new product brands as defensive moves to counteract competition, these brands are called product developmentbrands.

Explanation:

Product developments

When a company introduces new product brands as defensive moves to counteract competition, these brands are called "fighting brands".


What is a brand?

A brand is a good, service, or idea that is publicly set apart from similar ones so that it can be promoted and communicated more effectively. The name of the distinguishing good, service, or idea is known as a brand name. The process of developing and promoting a brand name is known as branding. Individual product and service names, as well as the complete corporate identity, can be branded.
Businesses are frequently judged on their brands and how well known they are to the general public. Corporations occasionally hire market research agencies to investigate brand identification and sentiments regarding the brands.

What are fighting brands?

A fighting brand is a new version of an existing or similar product that is made available for a brief period of time in a particular market area at a price that is very low or below costs in order to compete with other businesses. Companies launch "fighting brands" to avoid lowering the prices for its well-known brands because doing so could be expensive due to factors like the established brands' consistent pricing across many marketplaces. Fighting brands are frequently seen as predatory or anticompetitive behaviour designed to drive rivals out of a particular market. However, they have a slim possibility of success, just as other predatory strategies.

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Four seasons lawn and landscaping provides customers with quality and value, treats others as they want to be treated, and practices open communications with all stakeholders. These are part of their.

Answers

The values statement of a company is one that necessitates attending to customers with quality & value and treating others as they want to be treated.

What is a values statement?

In a firm, a values statement refers to an established core principles that guides the direction of the organization and its culture.

In conclusion, an organization value statement are compulsorily adopted by employees and manager bacause it is expected to guides their decision-making.

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Which industry gives the most in-kind contributions?.

Answers

Answer: Pharmaceutical companies are most known in giving kind contributions or donations.

Hope this helped!

A document that authorizes a supplier to deliver a product or service is known as.

Answers

Answer:

purchase order

Explanation:

a document that authorizes a supplier to deliver a product or service is known as a purchase order is the purchased cost of goods from outside suppliers cost of goods sold is used when requirements are well understood and there is common agreement between supply chain partners about what certain terms mean

answer

a purchase order

The study of principles that govern the efficient spatial allocation of economic resources and the resulting consequences is referred to as ______.

Answers

It should be noted that Economic Geography involve the study of principles that govern the efficient spatial allocation of economic resources.

What is Economic Geography?

Economic Geography  serves as one that explains how people earn their living as well as the livelihood systems and their variability.

It shows how economic activities are spatially interrelated and linked.

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Steve Marks owes $20,000 in medical bills, $300 to the public utility, $400 on a dental bill due this month, $35,000 on a 10 year student loan, and $120,000 on a 30 year home mortgage. What is Steve's total for current liabilities

Answers

Answer:

US$ 175.700

Explanation:

Based on the given information,  the total of Steve Marks's current liabilities is 20,700.

What is Current liability?

The simple payments that are outstanding within a year or during the course of a typical business cycle are known as current liabilities. These are the sums that each person or business must pay each year.

The formula for calculating the current liability is

Total current liabilities=Medical bills+Public utility+dental Bill

As given

Medical bills=$20,000

Public utility=$300

Dental bill=$400

In the given case, the student loan and home mortgage are excluded as they are not considered as current liabilities of the business payable in a year.

Current liabilities=$20,000+$400+$300

Current liabilities=$20,700

In conclusion, Steve Marks's current liabilities are $ 20,700.

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Organizational training needs analysis Select one: a. focuses on the training needs of one specific work group. b. does not consider long- and short-term goals of the training. c. considers the cost-effectiveness of training programs. d. All of the above

Answers

When a company engages in organization training needs analysis, they c. consider the cost-effectiveness of training programs.

Why would a company consider the cost-effectiveness of training programs?

Organizational training is done to improve the effectiveness of a company's staff to enable them work to meet the goals of the organization.

The company therefore needs to assess if the cost of the training will pay off in the long term by equipping staff with the skills needed. If this cost is too high for its benefits, the training program is abandoned.

In conclusion, option C is correct.

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can some help with the last question I post I have a lot to do it would really help!!!!!!

Answers

Ok I’ll check it out to see if I know the answer

Kade, who manages a hotel, was recently explaining to deja, a regional manager, his quandary about whether to fire a front desk employee about whom several guests had complained. Kade described, "i first identified the problem as poor customer service, and then i brainstormed several solutions. I evaluated each alternative, and then i implemented my decision not to fire the employee. Instead i provided him with additional training. Finally, i followed up with an evaluation to see if his customer service skills had improved. " kade is applying the:.

Answers

In this instance, Kade, as the hotel manager, is applying the B. employee relations model of evaluations in relating with the front desk employee.

What is the employee relations model of evaluations?

The employee relations model of evaluations relies on the application of the following principles of human relationships and performance evaluation:

CommunicationConsultationNegotiation.

Answer Options:

A. strategic planning model of leadership.

B. employee relations model of evaluations.

C. non-rational model of decision making.

D. rational model of decision making.

Thus, the model, which favors employees, is applied by Kade in Option B.

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Which information would most likely cause a company's stock price to go up?

Answers

Answer:

The company releases an innovative car with unique features

Explanation:

The implementation of an effective internal control system eliminates the possibility of fraud. This statement is:.

Answers

Answer:

False

Explanation:

No matter what a company does the possibility of fraud cannot be avoided.

Bluin Corporation pays its salesperson a flat salary of $5,750 per month and is considering paying $30 per unit instead. Current unit sales are 250 per month, but Bluin believes the compensation change will increase unit sales by 50%. Bluin's current contribution margin is $100 per unit. If Bluin switches the compensation and sales grow as expected, net operating income will ______ per month. Multiple choice question. increase by $7,000 decrease by $5,500 increase by $1,250 decrease by $7,500

Answers

Answer:

that is really hard thinking hard

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