In order to ensure success, what are the five rules you need to follow before going into business for yourself?

Answers

Answer 1
Final answer:

Before going into business for yourself, there are five rules you need to follow to ensure success: define your goals, create a business plan, secure funding, research and understand your market, and build a strong team.

Explanation:

Before going into business for yourself, there are five rules you need to follow in order to ensure success:

Define your goals: Determine what you want to accomplish and set specific, measurable, attainable, relevant, and time-bound (SMART) goals.Create a business plan: Outline your business idea, target market, competition, marketing strategy, financial projections, and operations.Secure funding: Determine how much money you need to start your business and explore sources of funding such as personal savings, loans, grants, or investors.Research and understand your market: Conduct market research to identify your target audience, competitors, and market trends.Build a strong team: Surround yourself with talented individuals who complement your skills and can help you achieve your business goals.

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Related Questions

A decrease in supply, with no change in demand, will lead to ________ in equilibrium quantity and ________ in equilibrium price.
a. an increase; an increase
b. an increase; a decrease
c. a decrease; an increase
d. a decrease; a decrease

Answers

d
you can use common sense for this
Demand for potatoes remain the same and supply of potatoes decrease. The number of potatoes sold will decrease and producers naturally increase price of potatoes (to try to earn more)
Final answer:

A decrease in supply with stable demand results in decrease in equilibrium quantity and an increase in equilibrium price. Thus, the correct option is 'c. a decrease; an increase'.

Explanation:

This question is asking about the concept of supply and demand, which is a fundamental concept in economics. Specifically, the question is about what happens when supply decreases while demand stays the same. According to the law of supply and demand, if there is a decrease in supply with no change in demand, it will lead to a decrease in equilibrium quantity and an increase in the equilibrium price. This is because the decrease in supply creates a shortage, which leads to an increase in the price to balance out the market. Therefore, the correct answer to this question is c. decrease; an increase.

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Once the production is in performance mode, who is the most important person in the show? the protagonist the director the stage manager the dresser

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Once the production is in performance mode, the most important person in the show is the stage manager.
The stage manager organizes and coordinates the theatrical production. He/she  schedules and runs rehearsals and organizes the production and coordinates the communications between various personnel.

Please Help: how do safe investments usually have a lower rate of return than riskier ones. Should be written in a paragraph

Answers

Safe investments usually stay stable on the stock market, and don't go up very fast. Risky investments can shoot up or shoot down. If you invest money into a safe investment, you're less likely to gain lots of money, or lose lots of money. If you invest in riskier ones, you're a lot more likely to gain lots of money, but you also are more likely to lose money.

The safe investments tend to have low return because it gives constant and stale returns.

Further Explanation:

Risk-Return Tradeoff:

Risk-Return Tradeoff refers to the position where the increase in the risk increases the return. This theory states that the investment can give higher profit only when the investor accepts a higher possibility of losses.

Explain how safe investments usually have a lower rate of return:

The safe investments refer to the investment in the securities that are considered to have a stable future income. The investments with stable and constant returns tend to have a lower rate of return. The investment in blue-chip companies is an example of a safe investment. Blue-chip companies tend to give lower returns, but they have strong consistency. The blue-chip companies are the established companies that have already captured the market and earned the maximum possible profit. Now, they have stable returns as they have already exhausted the business opportunity and earned the profit from them.  

A start-up is an example of a riskier investment. The start-up may get sky-high returns if it gets an appropriate business opportunity. However, the chances of failure are very high because the start-up has limited capital, resources, market share. It would not be able to tackle the adverse situations efficiently. Therefore, riskier investment options tend to have a higher rate of return and higher risk.

Thus, safe investments tend to have low return because it gives constant and stale returns.

 

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Answer Details:

Grade: Middle school

Chapter: Investments

Subject: Accounting  

Keywords: safe, investments, usually, have, lower, rate, return, than, riskier, ones, Should written, paragraph.

The basic organizing legal document for a home-rule city is called the

Answers

The basic organizing legal document for a home rule city is called the CITY STATUE.
Home rule refers to the government of a city, colony or an independent country by its own citizens. A general law municipality usually become eligible for home rule when the population of the people living there is more than 5,000. The law which govern the activities of those in the home rule city is called statue.

Faced with a wide variety of computers to choose from, mary first eliminated all models that would not fit comfortably on her desk. next, she eliminated all models costing more than $1000. finally, she eliminated all models without a full year's warranty. it appears that mary is using the _____ model of decision making.

Answers

Mary is using the bounded rationality model of decision-making by setting clear criteria and then looking for a satisfactory option that meets these minimum requirements rather than seeking the absolute best option.

It appears that Mary is using the bounded rationality model of decision-making. The bounded rationality model recognizes that individuals are limited in the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make a decision. Instead of seeking the optimal solution, they apply a satisficing strategy which means they are seeking a satisfactory solution that is good enough rather than the perfect one. Mary first sets clear criteria for her computer search such as size, price, and warranty. Then, she eliminates all options that don't meet these minimum criteria, accepting a satisfactory option rather than looking for the absolute best among all possible computers.

In the private sector, only agricultural workers, domestic workers, and _____ are exempt from taft-hartley or railway labor act coverage.

Answers

The answer is "supervisors and independent contractors." These workers are exempt from the labor law protections because they have more leverage in deciding their working conditions, or in the case of domestic workers, have an occupation that by its nature requires certain hours.

The answer in the space provided is supervisors as they are one of the people that are exempted from the taft Hartley or railway labor act coverage with other people such as the agricultural workers and the domestic workers.

As a response to a rapidly changing marketplace, idea electronics found it necessary to reorganize, including a significant downsize of its middle management. this action will likely result in _________.

Answers

This will lead to a flattening of the overall organization. This will allow the management to be closer to the end consumer, giving a better overall customer service reputation as well as a cost savings in not having to have as many levels of bureaucracy to go through on the part of the consumer.

What may be offered to clients when banks find the risk too high?

Answers

Private money may be offered to clients when banks find the risk too high. Private money is usually owned by a private organization. Private money has high interest rates and the people who receive the money still have to follow state, federal and bank laws when using the money.

A dramatic look at what an entire organization might be like at a distant point in the future is called a corporate ______

Answers

It is called a CORPORATE VISION.
A corporate vision is like a road map which guides a company in the right direction within a specified number of years. A company usually set up a vision by indicating the defined goals it wants to achieve in the direction of the company's growth withing a specified period.

If the unlock account checkbox is selected under a user account's properties dialog box, what does this mean?

Answers

When that happen it is because the user has too many failed log on attempts and is locked out. By default that why a user's profile is created.  So the Unlock Account check box is selected under a user account's Properties dialog box.

Final answer:

The 'unlock account' checkbox, when selected, usually means a previously locked user account is now unlocked, allowing the user to regain access.

Explanation:

When the unlock account checkbox is selected under a user account's properties dialog box, it typically means that the user's account, which was previously locked due to reasons such as many unsuccessful login attempts, is now unlocked. This allows the user to access the system or application again. It's an administrative control often used in information technology departments to manage access and security protocols.

If the unlock account checkbox is selected under a user account's properties dialog box, it means that the account is currently locked and needs to be unlocked in order for the user to access it. This usually happens when there have been multiple failed login attempts or other security measures in place. By selecting the unlock account checkbox, the administrator or the user themselves can regain access to the account.

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The region with the largest shares of proven oil reserves is ________.

Answers

1.Venezuela takes the lead with 298,400,000,000 Barrels
2.Saudi Arabia 268,300,000,000 Barrels
3.Canada 171,000,000,000 Barrels
4. Iran 157,800,000,000 Barrels
5. iraq 144,200,000,000 Barrels

Digital intra-frame editing allows filmmakers to alter space by

Answers

Digital intra-frame editing allows filmmakers to alter space by combining multiple shots into one shot. Intra-frame editing takes every frame and compresses the frames, but doesn’t care about the sequence of frames. It is easier for a computer to process intra-frame compression, but the file size is larger.

Why was the creation of a national bank so important to the u.s. economy?

Answers

The National bank controlled the money supply 

The National bank controlled the money supply was the creation of a national bank so important to the U.S. economy.

What is money supply?

The money supply is the entire amount of money cash, coins, and bank account balances—in circulation. Generally speaking, the money supply is viewed as a group of safe assets that people, companies, and governments can use to make payments or keep as short-term investments.

In conclusion, it is important to control the money supply since inflation will happen if it grows faster than the economy's ability to provide goods and services. Additionally, production could drop if the money supply does not increase quickly enough, which would increase unemployment.

The Fed can control the amount of money in circulation by varying the monetary base.

Thus, The National bank controlled the money supply.

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Moore's law is often cited in the computer industry because it has held true for over 50 years. what does this rule predict regarding cpu capacity?

Answers

Answer: That CPU capacity will double every 2 years.

Explanations:
Moore's law states that transistor capacity doubles in dense integrated circuits every two years, and the law has been true for over 50 years. Consequently, the semiconductor has used this law as a guide for product planning.

Because of nanotechnology, this law may remain valid for many more years.
However, because the cost of production has been increasing, the law is not expected to continue indefinitely.  

Final answer:

Moore's Law states that computing power, specifically CPU capacity, doubles approximately every two years, a trend observed for over 50 years. This has resulted in substantial improvements in memory capacity, processing speed, and storage space, leading to the modern, high-powered computers we use today.

Explanation:

Moore's Law predicts that CPU capacity will double approximately every two years. This law, formulated by Gordon Moore, one of the co-founders of Intel Corporation, has been observed for more than five decades. Although Moore originally focused on the number of transistors that could fit on an integrated circuit, the implications of his observation have extended to various aspects of computing power including memory capacity, processing speed, and storage space. This exponential growth has led to the rapid evolution of computers, turning them into the powerful desktop and laptop machines we see today. Additionally, this increase in computing power dictates that newer software often requires more processing capabilities, which is why a computer that is a few years old may struggle with the latest applications or games.

It is important to note that as we reach the physical limits of semiconductor technology, there are discussions about whether Moore's Law is reaching its end. Nevertheless, the past trend has allowed significant growth and innovation in the computer industry and has been a benchmark for technological progress.

Yolanda manages a best sleep inn along an interstate highway. she knows from experience that 5 to 10 last-minute customers will call after 8 p.m. each evening looking for a room and asking the price. yolanda has empowered her staff to offer discounts when the motel is largely vacant, and to quote the standard price when the motel is close to full. she knows her service is __________, meaning that if no one stays in the room, it generates no revenue that evening.

Answers

The answer to this question is perishable
In business terms, perishable is used to defined a good or service which could not generate value after nothing changed for a certain period of time.
In this particular case, offering the services in lower prices will significantly produce more value to Yolanda's business rather then maintaining the price but do not get any customers.

Rashid is in charge of hiring employees with specific skills, motivating them, and ensuring that the employee fits within the organizational culture. rashid is in charge of

Answers

Rashid is in charge of staffing. One might say that he is an HR generalist. An HR generalist deals with many duties surrounding staffing. They write out job descriptions, list the openings online or on job boards, and conducts interviews. They often work with supervisors and managers to find out what the staffing needs of the company are, and help to fill the necessary roles. They then provide ongoing support to their staff to ensure they are happy in their roles, and achieving career satisfaction.

Rashid is in charge of staffing.

Further Explanation:

Staffing:

Staffing is a management process in the business organization. It refers to the selection of the appropriate individuals for a specific job in the company. The organization requires a workforce to run the business. Various business tasks need to be fulfilled to attain a business goal. Therefore, the management hires the appropriate candidates for different jobs in the company. The staffing process consists of the following steps:

1. Human resources planning

2. Recruitment

3. Selection

4. Placement

5. Training

6. Development

7. Promotion

8. Transfer

9. Appraisal  

10. Remuneration  

Activities carried out by Rashid:

Rashid is in charge of hiring the employees that have the required skills. He needs to motivate them and ensure that the employees fit the organizational culture. Rashid is in charge of staffing in the company. Rashid is responsible for the recruitment of the employees, their training, and placement in the company. These activities are the trait of staffing.

Thus, Rashid is in charge of staffing.

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Answer Details:

Grade: High school

Chapter: Staffing

Subject: Business studies

Keywords: Rashid, charge, hiring, employees, with, specific, skills, motivating, them, ensuring, employee, fits, organizational, culture.

Which consumer influence is represented by the action of buying an item to conserve resources?

Answers

Price

A common example of this is during times when a store goes on Sale or offers "good" deals or bargains (e.g. buy one take one, or buy two and get the third piece at a lower price). Even if the consumer is not in need of the item(s), the thought of being able to conserve or save money by buying item(s) on sale or from bargains (compared to when such items are not on sale), drives the consumer to purchase the said item(s). 

Price is the factor that influences the buyer to conserve the resource.

Further Explanation:

Factors affecting consumer behavior:

Consumer behavior is a set of actions that influences the purchasing decision of the buyer. There are various factors that influence the buying decision of the buyer. Major factors are as follows:

• Cultural factor

• Social factor

• Personal factor

Factors that influence the buying influences of the consumer I regarded as the factors affecting consumer behavior. Price, quality, promotion, personal influence, income, age, demography affect behavior product selection for the consumer.

Consumer influence represented by conserving resources:

Price is the factor that influences the customer to buy an item to converse resources.

Generally, the consumer tends to buy the product when the price of the product is relatively low. When the consumer gets an idea that the price of the product would increase in the future then he would start conserving the product for the future use so that he does not need to pay a higher price in the future. conserving the resources is done for the cost-saving.

Thus, price is the factor that influences the buyer to conserve the resource.

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Answer details:

Grade: Senior School

Subject: Economics

Chapter: Consumer Behavior

Keywords: Which, consumer, influence, is, represented, by, the, action, of, buying, an item, to, conserve, resources, customer, price, demand, factors affecting, buying decision.

Are the new york times and new yorker owned by the same company

Answers

No, the New York Times owns themselves.

_____ is an open source operating system whose source code is freely available to everyone.

Answers

Linux is an operating system, similar to Windows or iOS. It's the inner part of the computer brain, the part most users won't see. What makes Linux different is that it isn't a secret. It's open source, meaning anyone can use it, look at it, and if they have the skills, modify it.

Customer satisfaction most likely arises from: product price the product itself the company that makes or distributes the product the salesperson who sells and services the product a combination of the product, company, and salesperson

Answers

A combination of the product, company, and salesperson. 

____ post ratings of products and services and contribute to and edit articles in wikis

Answers

Critics post ratings of products and service and contribute to an edited article in wikis.
The product can be a service or an item. It can be physical or in virtual or cyber form. Each one product is made at a cost and each is sold at a price.

Dave's boss told him that he doesn't have to attend the company picnic (which everybody dislikes) if dave meets his sales quota this month. dave's boss is using

Answers

Dave's boss is using negative reinforcement to motivate Dave.

Negative reinforcement is a concept in psychology where a behavior is strengthened by the removal or avoidance of an unpleasant consequence. In this scenario:

1. Behavior: Dave meeting his sales quota.

2. Unpleasant consequence: Attending the company picnic, which everybody dislikes.

3. Removal of unpleasant consequence: Dave's boss tells him he doesn't have to attend the picnic if he meets his sales quota.

By using negative reinforcement, Dave's boss is encouraging Dave to meet his sales quota by removing the aversive consequence of attending the company picnic. This increases the likelihood that Dave will engage in the desired behavior (meeting his sales quota) in order to avoid the unpleasant event (attending the picnic).

Complete Question:

How does Dave's boss motivate him to achieve his sales quota this month?

Which qualifies as an asset from the viewpoint of a household?

Answers

Households buy financial assets such as stocks and bonds. The purchase of stocks and bonds are considered loans and not goods or other services. Newly produced capital is a good thing for the economy. However, the initial purchase of a financial asset is not.

An _ is a series of related jobs built on a foundation of interest,knowledge,training,and experience

Answers

A career is a series of related jobs built on a foundation of interest, knowledge, training, and experience.
career is the answer

Heidi plans to purchase a pickup truck. the range available for negotiation is the difference between the sticker price and the

Answers

The range available for negotiation is the difference between the sticker price and the INVOICE PRICE.
The sticker price refers to the amount of money that a seller attached to a product he wants to sell. The invoice price refers to the price that a company pay to its wholesaler dealer for an item, that is, it is the actual cost of a product. During negotiation, the lowest price that a seller can sell for is the invoice price.

The more _____ in a test, the greater the variability of scores in the test.

Answers

questions should be the right answer

Answer: True score

Explanation:

In a public debate on evolution, ____ refuted the points made against evolution by ____.

Answers

The answer to this question is  Huxley; Wilberforce
Wilberforce use an argument that it's impossible for human to be the descendant of apes because both are whole different species.
Huxley argued that human was another species of primate that able to survive through natural selection, so humans does not necessarily shares identical genetics as apes.

Explain the roles of demand and supply in changing gasoline prices after hurricane katrina and rita

Answers

In the immediate aftermath of hurricane Katrina and Rita, supply of gasoline was very low, as suppliers of gasoline,were unable to bring gas to the stations. This raised prices drastically as demand increased due to people fleeing the devastation.

What is the difference between a linear and a nonlinear cost function? give an example of each type of cost function?

Answers

The difference between a linear and a nonlinear cost function is

A linear cost function is a cost function where, within the relevant range, the graph of total cost versus the level of a single activity related to that cost is a straight line.
An example of a liner cost function is a cost function for use of a telephone line where the terms are a fixed charge of $10,000 per year plus a $2 per minute charge for phone use.

A nonlinear cost function is a cost function where, within the relevant range, the graph of total cost versus the level of a single activity related to that cost is not a straight line.
Example include economies of scale in advertising where an agency can double the number of advertisements for less than twice the costs, step-cost functions, and learning-curve based costs.

Paolo is always coming up with new ideas and seeking funding to explore them. he sees opportunities in the marketplace and wants to be the first person to come up with new products and services that customers want. paolo, a person who is apt to take initiative and persevere to influence the environment, has a(n) ______ personality.

Answers

Paolo has a proactive personality in which a person is likely to be more initiative in a way that they are likely to respond to a situation in advanced rather than waiting for it to happen or just plainly react towards the situation. People has this kind of personality are likely to be more persevere to influence the environment.
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