We are evaluating a project that costs $786,000, has an eight-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 65,000 units per year. Price per unit is $48, variable cost per unit is $25, and fixed costs are $725,000 per year. The tax rate is 22 percent, and we require a return of 10 percent on this project. Suppose the projections given for price, quantity, variable costs, and fixed costs are all accurate to within ±10 percent.
Answers
Answer:
base scenario:
initial outlay = $786,000
depreciation expense per year = $786,000 / 8 = $98,250
contribution margin per unit = $48 - $25 = $23
total units sold per year = 65,000
fixed costs per year = $725,000
tax rate = 22%
NCF year 0 = -$786,000
NCF year 1-8 = {[($23 x 65,000) - $98,250 - $725,000] x 0.78} + $98,250 = $622,215
NPV = $2,533,471.10
IRR = 78%
best case scenario:
initial outlay = $786,000
depreciation expense per year = $786,000 / 8 = $98,250
contribution margin per unit = ($48 x 110%) - ($25 x 90%) = $30.30
total units sold per year = 65,000 x 110% = 71,500
fixed costs per year = $725,000 x 90% = $625,500
tax rate = 22%
NCF year 0 = -$786,000
NCF year 1-8 = {[($30.30 x 71,500) - $98,250 - $625,500] x 0.78} + $98,250 = $1,223,556
NPV = $5,741,580.96
IRR = 156%
worst case scenario:
initial outlay = $786,000
depreciation expense per year = $786,000 / 8 = $98,250
contribution margin per unit = ($48 x 90%) - ($25 x 110%) = $15.70
total units sold per year = 65,000 x 90% = 58,500
fixed costs per year = $725,000 x 110% = $797,500
tax rate = 22%
NCF year 0 = -$786,000
NCF year 1-8 = {[($15.70 x 58,500) - $98,250 - $797,500] x 0.78} + $98,250 = $172,116
NPV = $132,226.16
IRR = 14%
The Initial evaluating cost is $786000 and the
Depreciation expense per year will be = $786,000 / 8 = $98,250.
and the contribution margin per unit = $48 - $25 = $23
total units sold Projected per year = 65,000
fixed costs will be per year = $725,000
At Present the tax rate = 22%
Net cost fixed per year = -$786,000
Net Cost Fixed year 1-8 = {[($23 x 65,000) - $98,250 - $725,000] x 0.78} + $98,250 = $622,215
Net Per Variable = $2,533,471.10
IRR = 78%
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Related Questions
Maria is going to a hiking trip this weekend. She has been busy shopping for the trip. Which of these items that she bought are a want for her? A. hiking boots B. sleeping bag C. a new pair of jeans
Answers
Answer:
C. a new pair of jeans
Explanation:
Answer:
c
Explanation:
You are the owner of a local organic food market in an urban area at the crossroads of four farming communities that supply fresh, organic foods. As the owner of the market, you are interested in growing the business. Customers in the area have been asking local vendors for more organic and locally sourced fresh food options. You decide to create a catering service for clients within 25 miles of the market to celebrate the market’s 10-year anniversary. You plan to start this catering business in 30 days to address the increasing market need for organic, fresh catering. Catering orders will be prepared and packaged at the organic food market and then driven to the customer’s location. Lunch orders will be delivered within 60 minutes of receiving the order. Special event catering orders will require one week to fulfill the order. The catering company has one van that will be used exclusively for catering services.
You have identified the following goals for this catering business:
• The catering business will need to be able to sell the same quality, organic foods that are sold in-store and supplied daily.
• The catering customers can be no farther than 25 miles from the store so that food can be delivered within an hour.
• The catering business should be profitable within one year.
• The cost of developing the catering business should not negatively impact the in-store retail operations budget, staffing, events, and farmer partnerships.
You plan to launch the catering business by providing a free catered lunch to the first 10 businesses that subscribe to the weekly lunch catering services. The catered lunch for each business will be for up to 30 people and will be held at a local conference center ballroom at noon on a day of the customer’s choosing. The budget for this launch of 10 catered lunches is $7,000. Two weeks before the launch, you are working with catering staff to calculate the costs of the launch to date, review tasks that need to be completed, and assess the overall impact of catering on in-store retail operations. You learn that the costs associated with the launch of the free catered lunches have already exceeded $7,700. Additionally, a local farmer that provides the fresh lettuce for lunch salads notifies you that the lettuce will not be available in time for the catered lunch. No other local farmers have lettuce available for purchase, and the only option is to use nonorganic lettuce in order to keep the menu as communicated to the 10 businesses subscribing to the weekly lunch catering services. A financial company representative wants to inquire about possibly financing your company for this project. The representative sends a request for information to you as listed in the requirements for this task.
Task 1: Project Management
A. Discuss how you would plan the catered lunch project by completing each of the following 5 distinct project management phases:
1. Project Initiation
a. (A1A) Describe the project and the need for the project. Include information from the provided scenario for support.
b. (A1B) Identify three relevant stakeholders and discuss how the project impacts each stakeholder.
c. (A1C) Discuss whether the project is feasible by addressing each of the three triple constraint components: scope, cost, and timeline.
2. Project Planning
a. (A2A) List three milestones for the project plan and provide a timeline for each milestone.
b. (A2B) Write a SMART goal for the project.
c. (A2C) Identify two different potential risks to this project’s success and describe how each risk could be managed.
3. Project Execution
a. (A3A) Discuss a way to address being over budget by 10 percent. Include information from the provided scenario for support.
b. (A3B) Discuss a way to address a scheduling conflict that could affect the timeline of the project. Include information from the provided scenario for support.
4. Project Monitoring and Control
a. (A4A). Discuss how scheduling conflicts and budget constraints could affect the scope of the project. Include information from the provided scenario for support.
5. Project Closure
a. (A5A) Discuss two ways to change how the project was planned, considering the timeline and budget conflicts that were encountered.
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Gains on the sale of long-term assets are:
A. added to operating activities.
B. added to investing activities.
C. added to financing activities.
D. subtracted from operating activities.
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Gains on the sale of long-term assets are added to investing activities. Therefore, option B is correct.
When a long-term asset is sold at a gain, the cash received from the sale is classified as a cash inflow in the investing activities section. This section of the statement of cash flows includes transactions related to the sale of long-term assets, such as property, plant, and equipment, and investments in other companies.
Gains on the sale of long-term assets are considered investment-related gains and are included in this section to provide a comprehensive view of the organization's investing activities.
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Which of the following combinations of cheese and wine could France produce in 40 hours ?
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Based on the table, the combinations of cheese and wine that France could produce in 40 hours is a. 8 units of cheese and 20 units of wine.
How to determine the combinations of cheese and wine that France could produce in 40 hours?We shall estimate the number of units of cheese and wine that France can produce in 40 hours.
From the table:
France takes 5 hours to make 1 unit of cheese.
France takes 2 hours to make 1 unit of wine.
To compute the number of units France can produce in 40 hours, we divide 40 by the respective hours:
For cheese: 40 hours / 5 hours per unit = 8 units.
For wine: 40 hours / 2 hours per unit = 20 units.
Hence, the combination of cheese and wine that France could produce in 40 hours is 8 units of cheese and 20 units of wine.
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If a website is designed with responsive design concepts, then
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If a website is designed with responsive design concepts, then it appears correctly on any device regardless of screen size.
A well-designed website will be easy to use and navigate, with clear and consistent branding throughout. It will also have a strong visual identity, with carefully selected imagery and typography that reinforces the overall message.
The individual design concepts on each page need to work together to create a cohesive whole. The layout should be easy to follow, with a clear hierarchy of information.
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Josh was hired to establish lean processes for a local manufacturing facility. He creates a plan, but he also hires a leading expert in lean manufacturing to help him sell the process to the CEO and other employees. Which step of the persuasion process is Josh hoping to enforce by hiring an expert?
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The step of the persuasion process that Josh is hoping to enforce by hiring the expert is the establishment of credibility.
What is credibility?This can be described to be the process where a person establishes himself or business to be trust worthy or believable.
Josh has hired an expert here that would help him to appear as a credible person.
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Suppose that Habib has a weekly fixed budget and spends it all on music downloads and snacks. At his current combination of consumption, the marginal utility of the last dollar spent on music downloads is greater than the marginal utility of the last dollar spent on snacks. Has Habib maximized his utility?
Answers
Answer:
No, because he can increase his total utility by purchasing more music downloads and fewer snacks.
Explanation:
No, because he can increase his total utility by purchasing more music downloads and fewer snacks.
What is music?A music is a collection of coordinated sound or sounds. The music making is the process of putting sounds and tones in an order, mostly combining them to create a unified composition.
The musicians or artists creatively organize sounds for a desired result of music or sound in a pleasant manner.
The music is made up from sounds, vibrations, and silent moments, and it doesn't always have to be pleasant or pretty or soothing. The music can be used to convey a whole range of experiences, environments, and emotions in a different-different way according to the environment.
Almost every human culture or custom or religion since ancient times has a tradition of making music. Examples of early instruments like flutes and drums.
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review the warren buffett list below for personal wealth accumulation (links to an external site.) and then review the video below. in no less than 5 sentences, what are the two key rules for accumulating personal wealth (review this in your textbook for complete answers).
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The two key rules for accumulating personal wealth are to live below your means and invest in yourself.
After reviewing the Warren Buffett list for personal wealth accumulation and the accompanying video, I can provide the following insights:
The two key rules for accumulating personal wealth are,
Live below your means: This means spending less money than you earn and being disciplined with your spending habits. Avoid living paycheck to paycheck and focus on saving and investing for the long term.
Invest in yourself: This means continuously improving your skills, knowledge, and education to increase your earning potential and marketability. Invest in your own career development and growth to ensure a higher income and better opportunities for wealth accumulation in the future.
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What does storytelling do?
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Richards Corporation uses the weighted-average method of process costing. The following information is available for October in its Fabricating Department: Units: Beginning Inventory: 88,000 units, 70% complete as to materials and 20% complete as to conversion. Units started and completed: 266,000. Units completed and transferred out: 354,000. Ending Inventory: 34,000 units, 40% complete as to materials and 15% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $37,200. Costs in beginning Work in Process - Conversion: $79,700. Costs incurred in October - Direct Materials: $646,800. Costs incurred in October - Conversion: $919,300. Calculate the equivalent units of materials.
Answers
Answer:
$1.86072 per unit
Explanation:
Equivalent unit of material = Units completed and transferred out + Ending Inventory
Equivalent unit of material = 354,000 + (34,000*40%)
Equivalent unit of material = 354,000 + 13,600
Equivalent unit of material = 367,600
Cost per equivalent unit of material = ($37,200 + $646,800) / 367,600
Cost per equivalent unit of material = $684,000 / 367,600 units
Cost per equivalent unit of material = $1.86072 per unit
Which of these are Internet job lead resources?
Answers
The statement that are Internet job lead resources are: A. Classified ads, B. Corporate career centers.
What is classified ads?Classified ads can be defined as a form of advertisement and it has to do with the way in which company tend to advertise their product or brand o the internet or by making use of the newspaper.
On the other hand Corporate career centers can be defined as a corporate world that enables people to find job as well enables people to gain professional skills among others.
Therefore the correct option is A, B.
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Which one of the following is a general characteristic of a securities broker?
• Trades from his or her own inventory
O Trades only foreign securities
O Trades listed securities in an auction market
• Is the principal trader of debt securities
Answers
Trades listed securities in an auction market: is a general characteristic of a securities broker. Thus, option C is the correct option.
Securities brokers provide relevant information to institutional and individual clients so they may purchase or sell stocks, bonds, commodities, and options. They could create or keep up a portfolio, which is a diverse collection of stocks.
Typically, commissions from each deal are used to pay brokers. A commission has traditionally been paid to a broker by investors to buy or sell stocks. Securities brokers provide relevant information to institutional and individual clients so they may purchase or sell stocks, bonds, commodities, and options.
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What do you learn in business writing class?
Answers
Answer:
Explanation:
There are a variety of sub categories/goals that you will learn in business writing class and they are the following
Learning to effectively write emails, letters, memos, reports. Learning to logically, efficiently, and effectively organize your gathered information and ideas.Learning how to correctly identify and choose the appropriate communication strategy, format, style, and content for the specific scenario. Learning to correctly identify any and all grammatical and punctuation problems within your writing.How does disintermediation benefit the consumer? How might it harm the consumer? Can you think of any revolutionary businesses created in the past few years due to disintermediation? Be sure to describe one not mentioned already in the chapter.
Answers
Disintermediation in an economy keeps prices and predatory pricing in control since there are no retailers between wholesalers and customers.
The client loses store knowledge and may have to use a single wholesaler, which might lead to monopoly. Customer service is affected.
Airbnb, which connects consumers and searchers to property owners and hotels without agents, is an innovative company.
What is a consumer?Generally, The major advantage of disintermediation for consumers is lower costs and less predatory pricing since there is no store acting as an intermediary between a wholesaler and the consumer.
The only drawback for the consumer in such an agreement is that they may have to go with a single wholesaler, which might result in monopoly, and they lose out on the retailer's knowledge in the engagement. A customer's experience with the service is also affected.
When the platform connects consumers and searchers to home owners and hotels who sought a platform to engage and do business without any middlemen in between, Airbnb is the one revolutionary company that has occurred as a result of disintermediation.
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how lack of planning can affect getting the job done as a hospitality supervisor?
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The lack of planning can affect getting the job done as a hospitality supervisor as it can bring about high risks.
What is planning?It should be noted that planning simply means the stores that are put in place to achieve a desired goal.
In this case, the lack of planning can affect getting the job done as a hospitality supervisor as it can bring about high risks in the company.
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A monopolistically competitive market consists of (_____ _____) seller(s), an oligopoly consists of (_____ _____) seller(s), and a monopoly consists of one seller.A) many; a fewB) many; oneC) a few; manyD) one; many
Answers
A monopolistically competitive market consists of many sellers, an oligopoly consists of a few sellers, and a monopoly consists of one seller. The correct answer would be option A.
Monopolistic competition refers to a market structure that combines elements of monopoly and those of other competitive marketplaces. The ability to enter and exit at their discretion is provided by this kind of market structure. Its pricing can be set since this aspect alone provides a demand curve that is adjustable.
In an oligopolistic market structure, a group of businesses—which may number two or more—control the market's demand. This indicates that in an oligopoly, various businesses sell comparable goods to serve the consumer, in contrast to a monopoly, when only one company is the godfather. In such a market, the price ranges are frequently acceptable.
A single corporation producing a good or offering a service for which there is no substitute is said to have a monopoly. This indicates that this business exerts a dominant influence over its offerings. a strong enough position to prevent competitors from offering services, products, or brand quality that are even remotely comparable to theirs. Within the market system, these businesses are formidable.
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What does trade allow for specialization?
Answers
Answer:
Trade allows specialization based on comparative advantage and thus undoes this constraint, enabling each person to consume more than each person can produce.
Explanation:
Which of the following statements is TRUE? Group of answer choices Dependent demand is directly related to the demand of other stock-keeping units (SKUs) and can be calculated without needing to be forecasted. When using ABC analysis, C items require close control by operations managers as they account for a large dollar value but a relatively small percentage of total items. Stockouts occur in a fixed-quantity system (FQS) whenever the lead-time demand exceeds the replenishment level (M). Inventory is any physical asset held for future use or sale.
Answers
Answer:
A). Dependent demand is directly related to the demand of other stock-keeping units (SKUs) and can be calculated without needing to be forecasted.
Explanation:
The first statement asserts a true claim as it correctly states that 'dependent demand is promptly associated to the demand of further SKUs and therefore, it can be measured without requiring any prediction.' Dependent demand is characterized as a demand that is reliant on the other products' demand. This is why such demands are directly influenced by a rise or fall in the other products' demand and this is the reason due to which dependent demand can be calculated easily without any prediction because it will observe a similar impact as its associated product would face. Thus, option A is the correct answer.
A firms dividend payments less any net new equity raised is referred to as the firms
Answers
A firm's dividend payments less any net new equity raised are referred to as the firm's Cash flow to stockholders.
What is cash flow vs revenue?Revenue is the cash a business brings in from the sale of its goods and services. A company's net cash inflow and outflow are known as its cash flow. Cash flow is more of a liquidity indicator than revenue, which measures the effectiveness of a company's sales and marketing.
The amount of money a business distributes to its shareholders is known as a cash flow to stockholders. The cash dividends paid out during a reporting period are represented by this sum.
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as families move through the assessment and evaluation processes, do not change a child's care care routine curriculum.
true or false
Answers
FALSE.
As families move through the assessment or evaluation processes, adjust the child’s routine curriculum as new information emerges, and be willing to share your expertise.
In children, there is a compulsion to learn that comes from within. Every childcare facility needs a curriculum that will support every child's growth across all learning domains in order to lead their learning and help them attain their full potential.
Your centre's instructional mission can be articulated through a curriculum. It discusses your educational objectives (what you hope to achieve) and how you intend to go about achieving those objectives. What children will learn, how they will learn it, and how it will be measured will all be laid out in your curriculum. There are many theories on how children learn and grow, and most of them have been implemented in some form of schooling.
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Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31
Answers
The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.
The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.For more questions on cost of goods sold (COGS)
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An electronic magazine organized like a print publication, but distributed via a website, that may contain product reviews and comparisons is called ____.
Answers
Answer:
ezine.
Explanation:
This description refers to an ezine, which is an electronic magazine that is periodically made available on the internet, often free of charge, whose content addresses a certain topic.
Its characteristics include publishing and dissemination online, usually through websites, and can address several different subjects, such as computers, music and may even have a subject dedicated to commercial businesses, such as advertising ezines.
briefly explain how the decision support system resolved the problems experienced by the railways
Answers
The decision support system improved the efficiency of the railroads, paying special attention to the punctuality and speed of transportation on both passenger and commercial routes. The Indian Railways encounter a number of difficulties, including the failure to ensure train punctuality.
Ticketless transit by passengers, damage to or theft of railroad property, and others. The railways suffer a considerable loss in income as a result. By December 2023, 100% electrification of the broad gauge is the goal. In 2020–21, the speed of freight trains doubled to 46 kmph from 23 kmph in previous years. In January 2019, all unmanned level crossings on the broad gauge were removed.
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Think about the following questions: What channels do our target customers find most desirable? Do we need to continue offering and managing multichannel touch points? Can we move some of our customer segments to self-service or lower cost channel interactions? Would it make sense to off load and outsource some of our business functions to our current partners? Would they be capable of stepping in, or must we seek new partners? If a company is evaluating questions/topics such as these, with which of the goals listed below is the company most likely concerned?
a.
delighting customers
b.
redefining its position
c.
enhancing product offerings
d.
making more money
Answers
79% of marketers responded that content marketing (through organic traffic) was the most efficient strategy to reach their target audience.
Which marketing channel is most successful?Email or newsletters are effective channels that B2B marketers can use. Brands can share instructional materials with consumers thanks to email marketing. This approach has also worked well. 32% of marketers predicted that in 2023 they would use email marketing to engage potential consumers.
Think about your objectives. What goals do you have for marketing?
Talk to your customers as they travel.
Analyze the opposition.
Work your plan and evaluate the outcomes.
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Crane Company had these transactions during the current period.
June 12 Issued 79,500 shares of $1 par value common stock for cash of $298,125.
July 11 Issued 3,650 shares of $105 par value preferred stock for cash at $113 per share.
Nov. 28 Purchased 3,200 shares of treasury stock for $8,800.
Prepare the journal entries for the Crane Company transactions shown above.
Answers
Answer:
c
Explanation:
A company has total assets of $150,000; total liabilities of $50,000 and total equity of $100,000. What is this company’s debt-to-equity ratio?
Answers
Answer:
150,000-50,000÷ 100,000= 1 ratio
Can some of please help me with this question?
In USA, amazon can manufacturer Electric Mug? If so, how? if not which places in machina, USA Electric Mugs are made?
Answers
It is possible for Amazon to produce electric cups in the USA. Uncertainty surrounds whether Amazon now produces electric cups.
If not, where are USA Electric Mugs created in machina?If so, they might have factories or other manufacturing facilities spread out across the nation. Alternately, there might be further businesses inside the USA that produce electric mugs.
You can perform an online search or get in touch with companies that produce electric mugs for further information to learn where in the USA electronic mugs are created.
There are several manufacturers in the USA, but China is where most electric mugs are made. You can look through internet directories or get in touch with nearby businesses that specialise in making electric appliances to locate a producer in the USA.
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Why is questioning such an important leadership skill?
A. Questioning shows the leader's interest in the people and in the project.
B. Questioning uncovers many mistakes and errors.
C. Questioning is a good way for the leader to stay in command.
D. Questioning is easier than facilitating meetings.
I know it’s not B I got it wrong.
Answers
Answer:
A. Questioning shows the leader's interest in the people and in the project.
Explanation:
Questioning shows the leader's interest in the people and in the project is an important leadership skill.
What are leadership skills ?The qualities and talents that people possess that enable them to manage operations, direct initiatives, and direct their teams toward the accomplishment of objectives are known as leadership capabilities.
In order for CEOs to effectively allocate resources to fulfill the mission and goals of their firm and make meaningful decisions regarding those decisions, they must possess strong leadership qualities. The capacity for delegation, inspiration, and good communication are all important leadership traits. Honesty, assurance, dedication, and innovation are further qualities of a leader.
People follow an effective leader. An effective leader may assist team members in achieving their professional objectives by providing them with knowledge, resources, training, and opportunities for growth. The trust of a team's members can be gained by a leader through empathy and concern.
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an entrepreneur worked in a certain industry for 8 years to generate the business idea to start his own enterprise the entrepreneur used his own
Answers
An entrepreneur utilized his own experience to develop the business concept to launch his own company after working in a certain field for 8 years.
Contrary to an entrepreneur who establishes a business from scratch, who starts a business using an idea or concept that already exists?An entrepreneur is a person who creates a business from an existing idea and sells goods and services to customers. Entrepreneur is a term used to describe a person who starts a company with a fresh idea or concept and engages in commercial activities.
What actions would a business owner that is actively seeking new possibilities take?Entrepreneurship is the activity of a person who is continually looking for new things and converting those ideas into lucrative prospects by accepting risk and uncertainty in the business.
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The complete question is:
An entrepreneur worked in a certain industry for 8 years to generate the business idea to start his own enterprise the entrepreneur used his own _______
Which are included in a customer profile?
Select all that apply.
A.)social media messages
B.)socioeconomic status
C.)promotions and prices
D.)attitudinal and behavioral details
E.)marketing strategies
F.)demographic information
Answers
Hey there!
I would say the answers are B, C, F
The others do not seem like something that would be in a customer profile.
Hope it helps and have a great day!