You are an entrepreneur. Describe how you would use the building approach to create opportunities. Please be specific.
What will be an ideal response?
: In the building approach, opportunities are created, not found.
They originate from the entrepreneur’s prior knowledge and experience, which equip the entrepreneur to create them. To identify opportunities, this approach advocates using what you know, who you know, and who you are. Your role as an entrepreneur is to take action and see how the market responds, recognize patterns, and learn from iteration to define the opportunity as it evolves.
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The CEO's annual compensation is an example of a ________
A) direct cost B) variable cost C) traceable common cost D) non-traceable common cost E) manufacturing cost
Tan's gross pay for the week is $1500. His year-to-date pay is under the limit for OASDI. Assume that the rate for state and federal unemployment compensation taxes is 6% and that Tan's year-to-date pay has previously exceeded the $7000 cap. What is the amount of state and federal unemployment tax that his employer must record as payroll tax expense and pay to the federal and state governments?
A) $0 B) $21.75 C) $111.75 D) $90
Which financial statement includes a specific date in its heading?
A) Statement of retained earnings B) Statement of cash flows C) Income statement D) Balance sheet
Ahsan and Imani want to obtain a divorce and divide their marital property according to the principles of sharia. Officially recognized sharia courts with the full power of equivalent courts within a judicial system to rule on issues of divorce and financial disputes between couples have been sanctioned in
a. Canada. b. Great Britain. c. the United States. d. no Western jurisdiction.