2 years ago

What must profit-seeking entrepreneurs do in order to be successful?

1 answer:

8 0

To put it simply, they have to develop a product that make people want to pay to acquire it.

Sellable product usually either :
- able to make people happy ( such as movies, music, Delicious food, etc) or
- Able to make people's life become easier ( such as Gadgets, consultation service, etc)

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Give 5 numbers smaller than -2 and 5 numbers bigger than -2

Effectus [21]

Smaller: -3, -4, -5, -6, -7.
bigger: -1, 0, 1, 2, 3

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2 years ago

A time standard was set as 0.20 hour per unit based on the 20th unit produced. Assume the task has a 60 percent learning curve.

Sliva [168]

Answer:

40th unit = 0.11 hr

80th unit = 0.06 hr

160th unit = 0.03 hr

Explanation:

Given :

$T_{20} = 0.2$

Learning rate = 60% = 0.6 (r)

Now using the learning curve equation,

$T_n = T_1(n)^b$

where b is $b= \frac{\ln r}{\ln 2} = \frac{\ln 0.6}{\ln 2}$ = -0.833

Now

$T_{20} = T_1(20)^{-0.833}$

$0.20 = T_1 (0.0824)$

$T_1$ = 2.5

For 40th unit

$T_{40} = 2.5(40)^{-0.833}$

= 0.11 hrs

For 80th unit

$T_{80} = 2.5(80)^{-0.833}$

= 0.06 hrs

For 160th unit

$T_{160} = 2.5(160)^{-0.833}$

= 0.03 hr

6 0

2 years ago

Germans have not been overly receptive to the use of credit cards such as visa or mastercard and installment debt to purchase pr

guapka [62]

<span>Because of a difference in values from American consumers, Germans have not been overly receptive to installment debt to purchase products and services and the use of credit cards such as visa or Mastercard. The German Schuld which means debt also means guilt.</span>

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2 years ago

As New Belgium Brewery grew, the owners discovered they needed to hire more and more workers in order to keep up with demand. Th

ivanzaharov [21]

Answer: Organizing.

Explanation:

Organizing is being carried out by the owners of New Belgium Brewery. Organizing is the duty of a manager to arrange available resources in an organization to ensure success is achieved in the organization.

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3 years ago

A company manufactures cell phone cases. The company's daily average level of output is 10,000 cases, and its total daily cost o

garri49 [273]

Answer:

Explanation:

Unit labour cost = $50,000 / 10,000 = $5

I hope my answer helps you

6 0

2 years ago