What are the three areas that should be considered by potential entrepreneurs when starting a new business?
What will be an ideal response?
Risk tolerance, prior experience, and personality orientation of the individual
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One of the barriers that a new entrant to an industry might face is low switching costs
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Randy applied for a position as a butcher's assistant at a nearby supermarket. After he completed his application, the manager showed him a video reviewing the responsibilities of an assistant to the butcher. After viewing that the video, Randy felt sick and told the manager he didn't want the job. This screening technique is called
A. job enrichment. B. testing. C. job analysis. D. job preview. E. scaling.
Which of the following is not true concerning the recognition of unrealized gains and losses on foreign currency translation during the consolidation process?
a. Firms do not recognize these gains/losses in current income. b. Firms recognize these gain/losses in the statement of other comprehensive income c. Firms increase/reduce their investment accounts by the translation gains/losses d. Unrealized gains and losses increase/decrease other accumulated comprehensive income in shareholders' equity.
The decision analysis, which uses incremental analysis to identify the relevant costs and revenues, consists of two steps
Indicate whether the statement is true or false