Which of the following operates in "crisis mode" when starting an enterprise?

A) intrapreneur
B) necessity entrepreneur
C) opportunity entrepreneur
D) classic entrepreneur
E) entrepreneurial team


Answer: B
Explanation: B) Necessity entrepreneurs are people who suddenly must earn a living and are trying to replace lost income.

Business

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By knowing ourselves, we are more likely to recognize similar emotions in others, which is a skill that develops ______.

Fill in the blank(s) with the appropriate word(s).

Business

A company wishing to isolate variances at the point closest to the point of responsibility will determine its material price variance when

a. material is purchased. b. material is issued to production. c. material is used in production. d. production is completed.

Business

Given the production target of 650 bears for February, assume that the actual output for February was 630 bears and that actual production costs totaled $54,280. Which is true?"

Barrington Bears has developed the following sales forecasts for the next few months. January 500, February 600, March 720, April 800 and May 770. BB has 80 bears on hand on Dec. 31. Normal ending inventory policy is to hold 20% of next month’s sales. Each bear needs .8 yards of fabric and two pounds of stuffing. Fabric is budgeted to cost $15 per yard and stuffing $4 per pound. Direct labor is paid $18 per hour. Each bear takes 40 minutes to hand-finish. Variable overheads total $21 per direct labor hour. Fixed overheads amount to $25,000 per month. Eighty yards of fabric and 100 pounds of stuffing were in stock at year-end. Ten percent and 25% of next month’s stuffing and fabric needs respectively are planned for raw materials ending inventory each month. A. BB did well, saving $620 compared with the master budget B. BB did well, saving $620 compared with the flexible budget C. BB missed the master budget target by $300 D. BB missed the flexible budget target by $300 E. Unable to assess performance

Business

A statute of limitations sets a time period in which the plaintiff has to get a suit to trial

Indicate whether the statement is true or false

Business