Define pattern recognition and describe how you would apply this to opportunities generated for your entrepreneurship.

What will be an ideal response?


Pattern recognition is the process of identifying links or connections between apparently unrelated things or events. Pattern recognition takes place when people “connect the dots” in order to identify and then build on opportunities. Beyond this definition, the students are asked to apply this strategy to their own endeavors and each essay should be different.

Business

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Retailers can use price as an adaptive mechanism with price adjustments

Indicate whether the statement is true or false

Business

During March, Pendergraph Corporation incurred $72,000 of actual Manufacturing Overhead costs. During the same period, the Manufacturing Overhead applied to Work in Process was $74,000. The journal entry to record the application of Manufacturing Overhead to Work in Process would include a:

A. debit to Manufacturing Overhead of $74,000 B. credit to Manufacturing Overhead of $74,000 C. debit to Work in Process of $72,000 D. credit to Work in Process of $72,000

Business

Identify and describe three dependencies of project activities

What will be an ideal response?

Business

According to a study by the Diagnosing Organizational Culture for Strategic Application (DOCSA) group published in 1995, unlike Americans, Europeans:

A. were seen as having a slight identification with their own organization. B. were perceived as being very open in their communications. C. saw themselves as somewhat pragmatic in their conduct. D. were viewed as preferring very loose control.

Business