Briefly discuss how an entrepreneur would collect competitor data.
What will be an ideal response?
An entrepreneur can look into the following to collect competitor data:Visit competitors' websites or the outlets where their products are sold.Buy competitors' products to understand the differences in features and benefits and to learn how they treat their customers.Use Internet search engines to read what customers are saying about competitors.Find information on public companies to serve as benchmarks for the industry.
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Which interview format is the most common?
A) Structured interviews B) One-on-one interviews C) Panel interviews D) Group interviews E) Final interviews
Queuing system operating statistics:
A) change from start to finish during the day. B) are constant over time. C) include queue discipline, arrival rate, and service rate. D) all of the above
Which of the following is not considered a capital market security?
A) Mortgage-backed Securities B) Corporate Bonds C) Common Stock D) Foreign Currencies E) Municipal Bonds
The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings. Beverly McCoy earns a monthly salary of $4,950 . Compute the amount deducted for Social Security and Medicare from McCoy's December paycheck