Entrepreneurial Opportunities are defined as:
A. a feasibility assessment.
B. situations in which new goods, services, raw materials and organizing methods can be sold at greater than their production cost.
C. the entrepreneur's mental processes in deciding whether or not to act on a potential opportunity.
D. new market entry through entrepreneur action.
Answer: B
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U.S. News & World Report is an example of a reference material
Indicate whether this statement is true or false.
Pricing products at a loss for certain amount of time is characteristic of a ________ strategy
A) penetration pricing B) market holding C) cost-plus pricing D) market skimming
The statement of cash flows is viewed by many as the most important financial statement because it provides evidence of the company's ability:
a. to meet its short–term financial obligations. b. to maintain its budgeted cash balance. c. to raise capital from public issue. d. to pay its interest on loan in time.
Ridgeline Bank provides Stanley with a mortgage to buy a home. The rate of interest is fixed for three years and then adjusts annually. This is
A. a fixed-rate mortgage. B. an adjustable-rate mortgage. C. an interest-only mortgage. D. a violation of the law.