Samuel has an innovative idea for better disposal of garbage. Hence, he starts a business to implement this idea that he believes will succeed. He is also aware of the risks involved in starting the business. However, Samuel puts in only six hours a day into building his business. Some days, he finds it difficult to put in any time at all. Which of the following entrepreneurial characteristics does Samuel lack?
A. Energy
B. Confidence
C. Tolerance of uncertainty
D. Self-reliance
Answer: A
You might also like to view...
Which of the following is most likely to be the consequence of increased growth of global trade?
A) Home markets become richer in opportunities. B) Foreign firms expand aggressively into new international markets. C) Global competition is curbed. D) Industries become safe from foreign competition. E) Domestic companies increase their chances to dominate their home markets.
Assume payroll for Kicker Sound Systems for the month of January was $150,000 and the following withholdings, fringe benefits, and payroll taxes apply: Federal and state income taxes withheld$38,000Health insurance premiums (Blue Cross) paid by employer12,000Contribution to retirement plan (Fidelity) paid by employer15,000FICA tax rate (Social Security and Medicare)7.65%Federal and state unemployment tax rate3.80%Assume that Kicker has paid none of the withholdings or payroll taxes by the end of January (record them as payables) and that no employee's cumulative wages exceed the relevant wage bases. Required: 1. Record the employee salary expense, withholdings, and salaries payable.2. Record the employer-provided fringe benefits.3. Record the employer payroll taxes.
What will be an ideal response?
What are the four steps to creating a successful MPR crisis communications plan? Explain each step fully
What will be an ideal response?
Wham Company sells electronic squirrel repellants for $60. Variable costs are 60% of sales and total fixed costs are $40,000. What is the firm's magnitude of operating leverage if 2,000 units are sold?
A. 0.17 B. 2.25 C. 6.00 D. none of these