Deanna's objective for her business is to attain high growth and profits, which is an example of a(n)
Scenario: Deanna leaves her job at a refrigerator manufacturing company and starts her own business. Her objective is to attain maximum growth and earn high profits. Deanna's friend Callie still works at the refrigerator manufacturing company, where she has started a business venture utilizing the company's resources. Gus, her colleague, states that he would make a successful entrepreneur because he is a gambler and believes that a good idea and talent lead to success within a year.
A) small business.
B) joint venture.
C) entrepreneurial venture.
D) skunkworks.
E) business incubator.
C) entrepreneurial venture.
Explanation: Entrepreneurship occurs when an enterprising individual pursues a lucrative opportunity. An entrepreneurial venture has growth and high profitability as primary objectives.
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Upper-middle-income countries, also known as industrializing or developing countries are those with GNI per capita ranging from:
A) $996 to $ 4,125. B) $4,126 to $12,475. C) $12,475 or higher. D) less than $995. E) none of the above
Peppers and Rogers described different steps that are involved in one-to-one marketing. These steps include all of the following except:
A) identify. B) differentiate. C) interact. D) evaluate. E) customize.
A Green River ordinance states that:
A. all persons selling directly to consumers must pay a bond. B. door-to-door salespersons who are not residents of the city in which they do business must purchase sales licenses. C. door-to-door sales are not allowed within city limits. D. door-to-door sales are illegal unless being made for nonprofit organizations like schools and Girl Scouts. E. all salespeople in a city must obtain a sales license.
A product sells for $200 per unit, and its variable costs per unit are $130. Total fixed costs are $420,000. If the firm wants to earn $35,000 pretax income, how many units must be sold?
A. 5,000. B. 500. C. 6,500. D. 6,000. E. 5,500.