Keesha Company borrows $235,000 cash on December 1 of the current year by signing a 180-day, 7%, $235,000 note. 1. On what date does this note mature?

Answers

Answer 1

The date on which the note of the Keesha Company matures can be determined by adding the term of the note to its issue date.

The term is 180 days, so we need to count 180 days from December 1 to find the maturity date of the note. This gives us the maturity date as follows:Note issue date: December 1Maturity term: 180 daysMaturity date: December 1 + 180 days = May 30 .Therefore, the note matures on May 30 of the following year.The period of the Keesha Company Note should be added to the date of issue to calculate the date of maturity. Since the term is 180 days, we must calculate the note's maturity date by subtracting 180 days from December 1. The maturity date is so as follows:Date of issue: December 1.Term of Maturity: 180 daysDate of maturity: December 1 plus 180 days equals May 30The note expires on May 30 of the following year as a result.

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Related Questions

Suppose that there are two winners for the Nobel Prize in Economics this year, and suppose that one of them is a professor at your university while the other is a professor somewhere else. Research suggests that you will tend to:__________

Answers

Answer: You would tend to sing the praises of the professor associated with your University, you would want to play the familiarity card to others of how you might know him because he teaches in your University.

Explanation:

There are two things involved in these scenario, one of them is that you would tend to sing the praises of the professor associated with your University, you would want to play the familiarity card to others of how you might know him because he teaches in your University.

The second is that you would be inquisitive about the other professor and want to know more about his profile.

But in most cases the familiarity aspect happen more than the other.

Back force The magnet moving into the coil experiences some back force Why does this happen? in Lons Law Video (432-535) The EMF generated a magnetic field in opposition to The magnetic field that produced the EAN in the first place The magnetic field of the magnetis fighting the BACK EMF The magnetic field that is propagated because of the induced current is in opposition to the magnac text that generated the induced Current All of the above explain why the back force exists

Answers

The back force that the magnet experiences when moving into the coil is due to Lenz's Law. When an EMF is generated by a changing magnetic field, it produces a magnetic field that opposes the original magnetic field.

This means that the magnetic field of the magnet is fighting against the back EMF that is being produced by the coil.

The magnetic field that is generated by the induced current is in opposition to the magnetic field that originally produced the current. All of these factors contribute to the back force that is experienced by the magnet.

Therefore, the back force exists because the magnetic field that is produced by the induced current is in opposition to the magnetic field that produced the EMF in the first place, as stated by Lenz's Law.

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explain the fourth p, place, and what role it plays in the marketing mix. what are channels and how are they related to the fourth p, place?

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The fourth P in the marketing mix is "place," which refers to the distribution and location strategies for a product or service. It involves making the product available to the target market at the right time and in the right place.



1. Place plays a crucial role in the marketing mix as it ensures that the product reaches the customers effectively and efficiently. It involves decisions related to distribution channels, inventory management, warehousing, and transportation.

2. Channels are the paths through which products or services flow from the producer to the consumer. They can include direct channels (such as selling products through a company's website) or indirect channels (such as selling products through retailers or wholesalers).

3. Channels are related to the fourth P, place, as they determine how and where the product will be available to the target market. The choice of channels depends on factors like the nature of the product, target market preferences, and cost-effectiveness.

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which general staff member negotiates and monitors

Answers

Answer:

The Finance/Administration Section is the General Staff member that negotiates and monitors contracts, maintains documentation for reimbursement, and oversees timekeeping for incident personnel.

Bavarian Bar and Grill opened for business in November 2021. During its first two months of operation, the restaurant sold gift cards in various amounts totaling $5,200, mostly as Christmas presents. They are redeemable for meals within two years of the purchase date, although experience within the industry indicates that 80% of gift cards are redeemed within one year. Gift cards totaling $1,300 were presented for redemption during 2021 for meals having a total price of $2,100. The sales tax rate on restaurant sales is 4%, assessed at the time meals (not gift cards) are purchased. Sales taxes will be remitted in January. Required: 1. Prepare the appropriate journal entries (in summary form) for the gift cards and meals sold during 2021 (keeping in mind that, in actuality, each sale of a gift card or a meal would be recorded individually). 2. Determine the liability for gift cards to be reported on the December 31, 2021, balance sheet. 3. What is the appropriate classification (current or noncurrent) of the liabilities at December 31, 2021

Answers

1- Journal Entries: a. November 2021: Cash (or Accounts Receivable) $5,200 Gift Card Liability $5,200

b. December 2021: Cash (or Accounts Receivable) $2,100 Sales Revenue $2,000 Sales Tax Payable $80 Gift Card Liability $1,300

Gift Card Breakage Revenue $100 ($1,300 x 20%)

In November 2021, the restaurant received $5,200 in cash (or accounts receivable) from the sale of gift cards. This results in a liability for the restaurant as the gift cards are redeemable for meals within two years of the purchase date. In December 2021, customers presented gift cards with a total value of $1,300 to pay for meals that cost $2,100. Since the meals were sold in December, the restaurant collected 4% sales tax on the meals ($2,100 x 4% = $80). The $2,000 ($2,100 - $80) received from the customers is recorded as sales revenue, and the sales tax collected is recorded as a liability until remitted in January. The liability for the unredeemed gift cards at the end of the year is $1,300 ($5,200 - $2,100) and is recorded as a liability. The restaurant also recognizes $100 of breakage revenue ($1,300 x 20%) since experience within the industry indicates that 80% of gift cards are redeemed within one year.

2- Liability for Gift Cards:

The liability for gift cards to be reported on the December 31, 2021, balance sheet is $1,300.

3- Classification of Liabilities:

The liability for gift cards should be classified as current liabilities on the December 31, 2021, balance sheet since they are expected to be redeemed within one year.

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What gives commodity money its value? a government’s guarantee of its value the type of material with which it is made its rate of exchange in other countries the ability to trade it for a valuable good

Answers

Answer:

B. the type of material with which it is made

Explanation:

Money can be defined as any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.

Also, an exchange can be defined as the process of providing goods and services by an individual or organization, to meet the needs of customers in exchange for an amount of money.

Hence, the type of material with which money is made is what gives commodity money its value because it is based on the perception of the buyer and seller of goods and services. A commodity money simply refers to money that derives its value from the commodity with which it is created from. Some examples of commodity money are gold, diamonds, silver, cowry, cocoa, copper and other valuable resources.

Answer:

B is correct

What gives commodity money its value? a governments guarantee of its value the type of material with

a broker developed a website to advertise the broker's office with the brokerage's name, location, and phone number. what additional information does the broker need to include?

Answers

Since the broker already add the brokerage's name, location, and phone number on the website to advertise the broker's office; then no need for any additional disclosures. The correct answer is option D.

What is a broker?

A broker is an individual or firm that acts as an intermediary between a buyer and a seller; or between an investor and a securities exchange, who buys and sells goods or assets for others. A broker can also refer to the role of a firm when it acts as an agent for a customer and charges the customer a commission for its services.

There are 3 types of brokers, those are: Online brokers, a new form of digital investment which interacts with the customer on the internet; Discount brokers, a stockbroker who performs buy and sell orders at a reduced commission rate; and Full-service brokers.

Although part of your question is missing, you might be referring to this full question: A broker developed a website to advertise the broker's office with the brokerage's name, location, and phone number. What additional information does the broker need to include?

A. Name and address of the home office and the states in which the brokerage holds licenses

B. License number of the brokerage and list of current active licensees

C. Names of active licensees, addresses, and phone numbers

D. No need for any additional disclosures

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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter

Answers

The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as

$4.3055

This is further explained below.

What is the APR interest rate?

Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.

The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.

Interest rate APR = 12%

Average balance = ((200*5)+(350*15)+(150*10))/30

Average balance = $258.33

Average balance*APR/12

Finance charge =\(\frac{258.33*20 \%}{12 }\)

Finance charge = $4.3055

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What is the future value of $15,000 received today if it is invested at 7.5ompounded annually for five years? group of answer choices 15,133.35 21,675.66 17,476.42 21,534.44

Answers

The future value of $15,000 invested at an annual interest rate of 7.5% compounded annually for five years is approximately $21,534.44.

The future value is calculated by multiplying the initial investment (principal) of $15,000 by the factor (1 + interest rate) raised to the power of the number of periods (in this case, five years). The interest rate is 7.5%, which is equivalent to 0.075 in decimal form. By plugging in the values and performing the calculation, we find that the future value is approximately $21,534.44. This represents the amount that the initial investment will grow to after five years of compounding at the given interest rate.The future value of $15,000 received today, invested at an annual interest rate of 7.5% compounded annually for five years, can be calculated using the formula for compound interest:

Future Value = Principal × (1 + Interest Rate)^Number of Periods

Plugging in the values:

Future Value = $15,000 × (1 + 0.075)^5

Future Value = $15,000 × (1.075)^5

Future Value ≈ $21,534.44

Therefore, the future value of $15,000 invested at 7.5% compounded annually for five years is approximately $21,534.44.

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what percentage of sales from new products is indicative of industry leaders?

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50% of sales from new products is indicative of industry leaders. The company with the largest market share in an industry is the market leader.

The market share is the percentage of an industry's or market's total sales earned by a specific company over a given time period. Market share is calculated by dividing the company's sales over the period by the industry's total sales over the same period. This metric is used to get a sense of a company's size in relation to its market and competitors. The company with the largest market share in an industry is the market leader.

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What evidence best supports the theme that leadership requires integrity? check all that apply. ""noblest roman of them all"" ""all the conspirators save only he"" ""did that they did in envy of great caesar"" ""in a general honest thought"" ""common good to all"" ""his life was gentle"" ""this was a man!""

Answers

Leadership requires integrity; the noblest Roman of them all the conspirators save only he, did that they did in envy of great Caesar.

What does Antony have to say about Ceaser's execution?

Antony mentions Brutus when he says that his (Brutus') health was deteriorating. Antony claims that Brutus was the most respected Roman citizen in the world and that he executed Caesar in defense of the Roman Republic.

This is reflected in the reference and each of the backstabbers saves him. Antony argues that Brutus could not have killed Caesar, without properly defending the Roman Republic.

Thus, ""all the conspirators save only he"" and ""did that they did in envy of great Caesar" is the correct statement.

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The aggregate production function shows a positive relation between the output produced and capital used per worker. What does the slope of the production function signify? 1 pts OThe slope of the production function shows by how many folds the country's economic growth has increased. O The slope of the production function shows how many workers are required to produce a given amount of output.O The slope of the production function shows how much extra output a worker produces when given an extra unit of capital. O The slope of the production function shows how much output a worker produces with the given amount of capital. O The slope of the production function shows how much output is produced in a financial year.

Answers

The aggregate production function is a mathematical expression that shows how many goods and services can be produced using labor and capital. The correct option is c) The slope of the production function shows how much extra output a worker produces when given an extra unit of capital.

It shows a positive relationship between the output produced and the capital used per worker.  It represents the rate of change of the output concerning capital.The correct option is: The slope of the production function shows how much extra output a worker produces when given an extra unit of capital.

What is the aggregate production function?The aggregate production function is a technical relationship that describes the total amount of goods and services produced by an economy in a given period, such as a year. It can be written as:Y = F(K, L, H, N)where Y represents the total output of goods and services, K represents the capital stock, L represents labor, H represents human capital, and N represents natural resources.The slope of the production function measures the increase in output produced for each additional unit of capital. It represents the marginal productivity of capital, which is the extra output produced from one additional unit of capital. Thus, the slope of the production function shows how much extra output a worker produces when given an extra unit of capital. It is an essential factor in determining economic growth and productivity.

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How does an entrepreneur demonstrate comfort with risk when launching a business?

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Answer: There are five kinds of risk that entrepreneurs take as they begin starting their business. Those risks are: founder risk, product risk, market risk, competition risk, and sales execution risk. Founder risk considers who the founders of the company are, if they get along, and how they will work for the company.

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Explanation:

True or false? goods-producing organizations are not involved in service activities.

Answers

The given statement that goods-producing organizations are not involved in service activities is fasle.

Do businesses that produce things also engage in services?

Organizations that manufacture goods do not engage in service activities. false The majority of systems combine products and services. . Because consumer demand is unpredictable, service operations need more inventory.

Organizations that manufacture goods do not engage in service activities. Because consumer demand is unpredictable, service operations need more inventory. The prices consumers are prepared to pay for goods or services serve as a gauge of the value of outputs.

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Grace has a net spendable income of $1,700 per month. She decides to check her expenses for the previous month and adjust her budget.

Answers

With an income of $1,700 per month, Grace is going to be over budget. The correct answer is A.

 

Grace is going over budget because her expenses are greater than her net spendable income. Her net spendable income is $1,700 per month, and her expenses total $1,859 per month. She has increased her expenses in the categories of food, entertainment, clothing, savings, and medical by $50, which is resulting in her going over budget. Even though she has adjusted her budget in some categories, the overall expenses are still higher than her net spendable income.

It's important to note that she has also reduced her debt expenses by $25, but that's not enough to cover her increased expenses in other categories. She should look into cutting down her expenses in the other categories or increasing her income to balance her budget and avoid going over budget.

 

This question is incomplete and also should be provided with answer choices as follows:

Grace has a net spendable income of $1,700 per month. She decides to check her expenses for the previous month and adjust her budget. Expenses Housing $510 Food $204 Transportation $255 Insurance $51 Debts $0 Entertainment $85 Clothing $85 Savings $85 Medical $0 Miscellaneous $85 Grace then adjusts her budget for her main expense categories. Old Budget New Budget Housing $510 Housing $510 Food $204 Food $254 Transportation $295 Transportation $295 Insurance $51 Insurance $51 Debts $25 Debts $0 Entertainment $85 Entertainment $100 Clothing $85 Clothing $100 Savings $85 Savings $100 Medical $85 Medical $0 Miscellaneous $85 Miscellaneous $100.

Evaluate Grace's new budget:

A. She is going over budget.B. She is putting less than the recommended percentage of her income into the savings category.C. She is putting the minimum recommended percentage of her income into all categories except debt.D. She is putting less than the recommended percentage of her income into the clothing, medical, and miscellaneous categories.

The correct answer is A.

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Teams have better communication than other workers because they get to
a. Know each other better
b. Attend commurication seminars
C. Earn extra benetits packages
d. Use better telephones

Answers

B lol ur welcome very much ok

Which team members would be tasked with using sales or production information to determine transportation requirements?

Answers

Answer:

Transportation Manager

Explanation:

they would be asked with using sales or production information to determine transportation requirements.

The team members who would be tasked with using sales or production information to determine transportation requirements are typically the Supply Chain Managers, Logistics Coordinators, or Operations Managers.

These team members are responsible for overseeing the entire supply chain process, from the production of goods to their delivery to the end customer.

In order to determine transportation requirements, they need to analyze the sales and production information to determine the volume of products that need to be shipped and the optimal mode of transportation to use.

This includes assessing factors such as delivery timelines, cost, and any special handling requirements. They analyze sales and production data to estimate transportation needs, ensuring that goods are delivered on time and in the most cost-effective manner.

Ultimately, the supply chain team must work closely with sales and production teams to ensure that transportation requirements are accurately determined and fulfilled.

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how can formal business documnets help managers solve problems

Answers

Managers can fix problems by providing clear, precise information about them.

Who is the managers?

A manager is someone who is in charge of managing or monitoring the business. He or she is an acting leader who helps set objectives and allocate responsibilities. He or she also exemplifies specific leadership traits that support the efficient running of the business.

The manager will be assisted in evaluating the situation and providing complete information by the formal business document.

They will be better able to handle the problem as a result. In addition, these documents will give them the precise information that the manager would need.

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Nolan Company's cash account shows a $29,833 debit balance and its bank statement shows $30,002 on deposit at the close of business on June 30. Outstanding checks as of June 30 total $2,426. The June 30 bank statement lists $28 in bank service charges; the company has not yet recorded the cost of these services. In reviewing the bank statement, a $40 check written by the company was mistakenly recorded in the company's books as $49. June 30 cash receipts of $2,261 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement. The bank statement included a $23 credit for interest earned on the company's cash in the bank. The company has not yet recorded interest earned. Prepare a bank reconciliation using the above information.

Answers

Answer:

cash account balance= $29,833

- bank service charges = ($28)

error in recording check = $9

interests earned = $23

reconciled cash account = $29,837

bank account balance = $30,002

- outstanding checks = ($2,426)

deposits in transit = $2,261

reconciled bank account = $29,837

Both reconciled accounts match, so we did it correctly.

Suppose that the local daily demand for iced coffee drinks is given by the demand function: Q=300-25P, where P is the price of an iced coffee drink.
a. Construct this demand curve in black. Place the quantity of iced coffee drinks demanded on the horizontal axis and the price of an iced coffee drink on the vertical axis.
b. Suppose that iced coffee drinks are a normal good, and that consumers’ incomes fall. The demand for iced coffee drinks decreases by 50 units at every price. What is the new demand function (i.e., equation)?
c. Suppose that iced coffee drinks are a normal good, and that consumers’ incomes fall. The demand for iced coffee drinks decreases by 50 units at every price. Construct the new demand function in blue.

Answers

a. To construct the demand curve, we can first use the demand function provided, Q=300-25P. To plot this on a graph, we can plug in different values of P to find the corresponding values of Q. For example:

When P = 0, Q = 300-25(0) = 300

When P = 1, Q = 300-25(1) = 275

When P = 2, Q = 300-25(2) = 250

We can plot these points on a graph with Q on the horizontal axis and P on the vertical axis, and connect them to form the demand curve.

b. The new demand function would be Q = 250-25P.

c. To construct the new demand function in blue, we can start with the same process as before, using the new demand function, Q = 250-25P.

For example:

When P = 0, Q = 250-25(0) = 250

When P = 1, Q = 250-25(1) = 225

When P = 2, Q = 250-25(2) = 200

We can plot these points on the same graph as before, but this time use blue color to distinguish it from the previous demand function.

Asymmetric encryption tends to be faster, is less computationally involved, and is better for bulk transfers. true or False.

Answers

False. Asymmetric encryption tends to be slower and more computationally involved compared to symmetric encryption.

While symmetric encryption is generally faster and more efficient for bulk transfers, asymmetric encryption is primarily used for secure key exchange and digital signatures. Asymmetric encryption involves the use of a public-private key pair, where the public key is used for encryption and the private key is used for decryption.

The computational complexity of asymmetric encryption arises from the mathematical operations involved in generating and using the key pair, such as prime factorization or elliptic curve operations.

This makes asymmetric encryption slower and more resource-intensive compared to symmetric encryption, which uses a single shared key for both encryption and decryption.

The reason for this difference in speed and computational complexity is that asymmetric encryption provides additional security features, such as key distribution and non-repudiation, which are not offered by symmetric encryption alone.

While asymmetric encryption is not as efficient for bulk transfers, its strength lies in secure communication, authentication, and ensuring data integrity. Therefore, the choice between symmetric and asymmetric encryption depends on the specific security requirements and trade-offs in terms of speed and computational resources for a given application or system.

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A Day in the Life of the Working Poor

Answers

A Day in the Life of the Working Poor by Heidi Lario. It was the said that working people are the lower in the income and low familial household income.

What is Working Poor?

The term working the poor means to the lower in the income, basic necessity was not to fulfill and the as the below the poverty line. It was the low levels of pay. An involved on the lower social class.

The working poor is the working people whose financial gain fall downstairs a given poverty line. It was the basis on the mental health concerns, labour market, job stress, and the other issues was the faces.

As a result, the conclusion of the Day in the Life of the Working Poor are the aforementioned.

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Your question is incomplete, but most probably the full question was.

A Day in the Life of the Working Poor by Heidi Lario. What is the moral of the story as relate to the current conditions?

outright sales or sale and leaseback free up considerable cash and improve returns. this is an example of which turnaround strategy used by successful companies? group of answer choices asset and cost surgery piecemeal productivity improvements selective product and market pruning global expansion

Answers

A) Outright sales or sales with leasebacks generate significant cash flow and boost returns. This is an illustration of an asset and cost surgery turnaround method employed by profitable businesses.

What exactly is cash flow?

Cash flow and profit are critical financial measures in business. Yet, it is not uncommon for persons unfamiliar with finance and accounting to occasionally mix the two terms. Profit and cash flow are not the same things, and understanding the distinction is crucial for making vital decisions about a company's performance and financial health.

Understanding the distinction between profit and cash flow allows investors to determine if a profitable firm is a desirable long-term investment based on its ability to remain solvent through economic downturns. Understanding the relationship between the phrases can help entrepreneurs and business owners make key business decisions, such as how to seek growth.

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please solve this 2 quastions

3• A stock sells at $65 a share. Its current dividend is $2.00 a share, and the stockholders
require a return of 16% on their investment. Find the expected growth rate of the
dividends of this stock.

4. ABC Corp preferred stock pays annual dividend of $3. The preferred stockholders have a required rate of return of 11%. Find the price of ABC preferred share.

Answers

3. The expected growth rate of the dividends of the stock is 10%. (Explanation: The expected growth rate can be calculated using the dividend discount model, where the growth rate is equal to the dividend per share divided by the stock price minus the required rate of return.)

4. The price of ABC preferred share is $27.27. (Explanation: The price of preferred stock can be calculated by dividing the annual dividend by the required rate of return. In this case, $3 divided by 0.11 gives us $27.27.)

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Firms that do not have the ability to price discriminate will sell units equal to the intersection of which two curves? Demand (D) and MC = ATC curves O Demand (D) and marginal revenue (MR) curves Marginal revenue (MR) and MC = ATC curves b. Firms with the ability to first-degree price discriminate will sell units equal to the intersection of which two curves? O Marginal revenue (MR) and MC = ATC curves O Demand (D) and marginal revenue (MR) curves O Demand (D) and MC - ATC curves c. Firms that have the ability to first-degree price discriminate will have profits that are O less than a firm that does not have the ability to price discriminate Ogreater than a firm that does not have the ability to price discriminate equal to a firm that does not have the ability to price discriminate

Answers

Firms that do not have the ability to price discriminate will sell units equal to the intersection of the Demand (D) and marginal revenue (MR) curves.

In economics, price discrimination refers to the practice of charging different prices to different customers for the same product or service. Firms that cannot price discriminate typically face a downward-sloping demand curve and must set a single price for all customers. The point where the Demand (D) curve intersects with the marginal revenue (MR) curve represents the optimal quantity of units to sell for maximizing profits. However, firms that have the ability to engage in first-degree price discrimination, also known as perfect price discrimination, can charge each customer their maximum willingness to pay. In this case, the firm's demand curve coincides with the individual customer's willingness to pay curve. The point where the Demand (D) curve intersects with the marginal cost (MC) equals average total cost (ATC) curve represents the quantity of units the firm will sell.

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1 Which one of the following is not Which one of the key roles / purposes of marketing within
business?
A To identify potential customer groups
B To inform customers about the business's product or service
C To prepare cash flow forecasts
D To understand customers and their needs
Your answer

i

Answers

I’m pretty sure it’s B sorry if I’m wrong

How to Get rid of my Modules without getting caught by my Mom​

Answers

Answer:

for me going away from home or background of home

Suppose that a demand curve exhibits two points. Initially, at price P 0 , the quantity demanded is Q 0 . When price changes to P 1 , quantity demanded is Q 1 . Move the components of the midpoint formula for elasticity of demand to their correct positions.

Answers

Answer and Explanation:

The formula to compute the price elasticity of demand is as follows:

= Percentage change in quantity demanded ÷ percentage change in price

At Price P0, the Quantity demanded is Q0

And,

At Price P1, the Quantity Demanded is Q1

Just like this, it could be computed

\(\frac{Q_1 - Q_0}{(Q_1 + Q_0)/2}\) divided by \(\frac{P_1 - P_0}{(P_1 + P_0)/2}\)

Suppose that a demand curve exhibits two points. Initially, at price P 0 , the quantity demanded is Q

Explain the different sources of business ideas​

Answers

Answer:

Hobby.

Complaints.

Exhibitions.

Experience.

Brainstorming.

Surveys.

Mass media etc…

Explanation:

1. HOBBY:

An activity you do when you’re not working.

Do you know that you can make money from whatever it is you like or enjoy doing? All you have to do is to identify the things you do most often especially when you’re free, evaluate them and act. (Just have a quiet time and reflect on how to make money from what you enjoy doing).

2. COMPLAINTS:

Expressing unhappiness.

Critically evaluate the following statements…

“I wish there was…”

“If only there were a product that could…”

“If only there were services that could…”

See Also: How to Generate Business Ideas

Most of these come up maybe when a customer is not satisfied with a product/service that he or she has tried. Your role here is to put those complaints into consideration then generate ideas to solve such problems because from what you heard above, there is a problem that needs a solution.

3. EXHIBITION:

A demonstration of a particular skill or craft.

Attending exhibition and trade fairs regularly will help you discover new products or services and give you an opportunity to meet with manufacturers, sales representatives, wholesalers, distributors, etc… They can help you with information on getting started or might need your services.

4. EXPERIENCE:

Knowledge or skill gained through been involved in or exposed to something over a period of time.

Don’t look down on any skill or training you learned or passed through because over half of the ideas of successful businesses come from the experience in the work. The background of a potential entrepreneur plays a crucial role in the decision to go into the business as well as the type of venture to be created. Your skills and experience are your most important resources, therefore, be productive and capitalize on them.

See Also: Entrepreneur - Practice of Entrepreneurship (Summary)

5. BRAINSTORMING:

This is a way of making a group of people all think about something at the same time.

Often, in order to solve a problem or to create good ideas. It usually starts with a question or problem statement and each idea leads to one or more additional ideas, resulting in a good number.

Ensure you don’t criticize or judge the ideas of others.

Consider all ideas even those that seem to be wild or crazy.

The greater the number of ideas, the better.

Combine and improve upon the idea of others.

6. SURVEY:

To look at or consider something in a general or very broadway.

This has to do with an investigation on the opinions, behavior, etc… of a particular group of people which is usually done by asking them questions. Such a survey can be or might be conducted formally or informally by talking to people, usually using a questionnaire or through interviews and, or through observation.

See Also: How to Generate Business Ideas

7. MASS MEDIA:

This is a great source of information and news such as newspapers, magazines, radio, the internet and television.

They reach and influence a large number of people from the advertisements and offers and even information you derive from the mass media, you can come up with ideas to work on.

State any five occupation in public sector? Explain any one of them.​

Answers

Explanation:

social worker

physiotherapist

welfare right officers

drug abuse worker

care worker

physiotherapist: It is a health related profession that deals with the treatment of the dysfunctional human organs through therapy. +2 level or certificate level in science with minimum 50% is required to do this particular job.

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