10. The fluctuation of the entrepreneur's income during the year as a result of intensive competition which is considered one of the disadvantages of self-employment A. TRUE B. FALSE
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- John leaves school with almost no qualifications. He has decided that hewould like to work as electrician. He applies to a number of local firms for ajob. However, he is not even invited to interview by any of them. After severalfrustrating months he decides to talk to a local training provider about how heshould train himself for his chosen career, in order that he might get on thefirst rung of the ladder. The provider, by chance, is one that offersqualifications that involve an Individual Learning Plan, associated with anapprenticeship. This involves some classroom attendance, for learning oftheory and practical skills, and some work-placement for on-the-job practiceand experience. John is overjoyed to find that for his workplace practicalexperience he is placed in one of the organizations that he had previouslyapplied to, and that some of the assessment is competency-based in theworkplace as well as at the training provider. At his induction event, John issurprised to find an…John leaves school with almost no qualifications. He has decided that hewould like to work as electrician. He applies to a number of local firms for ajob. However, he is not even invited to interview by any of them. After severalfrustrating months he decides to talk to a local training provider about how heshould train himself for his chosen career, in order that he might get on thefirst rung of the ladder. The provider, by chance, is one that offersqualifications that involve an Individual Learning Plan, associated with anapprenticeship. This involves some classroom attendance, for learning oftheory and practical skills, and some work-placement for on-the-job practiceand experience. John is overjoyed to find that for his workplace practicalexperience he is placed in one of the organizations that he had previouslyapplied to, and that some of the assessment is competency-based in theworkplace as well as at the training provider. At his induction event, John issurprised to find an…1. Should stockholder wealth maximization be thought of as a long-term goal or a short-termgoal? Why?
- What are the 8 advantages and disadvantages of (each) Friedman's traditional view and Carroll's 4 responsibilities of business.Rita wants to be involved in business. She has a fair amount of money to invest, but she does not want to be involved in management. She wants to form a business in the quickest way possible onto her circumstance. Which form of business would be best for Rita?. wwhat role does performance management play in supporting succession planning efforts?
- Concept Integration. Chapter 2 identifiedknowledge workers as a key economic resource of the21st century. If an employee leaves a company to workfor a competitor, what types of knowledge would beethical for the employee to share with the new employer,and what types would be unethical to share?The three important reasons why a person would choose to be an entrepreneur instead of an employee can be highlighted through the following points: Step 2 Sense of Accomplishment: People who are more self-driven and have a deep sense of achievement and desire for self-accomplishment are never satisfied with a mediocre life which employment brings and they rather want to speed up the process of their growth and development so they are more motivated to start something of their own which can bring them prosperity, status, power, and recognition. They don't want to have a boss: The people tend to show more inclination towards leading than to be ruled. They have leadership skills and want to do work their way. They don't do well with regulations, rules, and policies that working as an employee brings and want to rather work independently. People prefer being an entrepreneur to avoid authority and restrictions laid down on them by bosses so they would avoid being an employee. They have…Note the quotation from the extract below and discuss the various methods of generating ideas entrepreneurs who have closed their start up can utilise to "Bounce back" using your OWNexample to support you discussion. “The pain of closing a business can overwhelm founders, whose identity is intertwined with that of their venture. Failedfounders wonder what they’ll do next—are they employable? Adding to their worries, their personal finances may be inshambles. Most entrepreneurs cut their own salaries as their venture goes into decline, and many have invested theirlife savings in the startup—along with funds from friends and family.
- write a cover letter to apply for the post of sales executive for a jewellery firm for a person who has a experience of 15+ in jewelery industry. forte is sales and marketing and manufacturing. was a sole propreitor for 15 plus years. currently working in jewelery show room as a sales rep. almost 1 year. hardworking, ready to relocate, salary negotiable, present personality, education qualification BA (hons).Ali started a small business of manufacturing solar panels and overtime his business started to grow. But it was not possible for a small business like his to invest money as much as large companies. This is due to Select one: a. Lack of highly skilled human resources b. Lack of proper planning c. Less capital available d. Difficulty in repayment of debts4. What are the characteristics of the marketplace? characteristics of the marketplace you are about to enter, and not just about entrepreneurial brilliance. If you decide to enter into a declining market that is full of strong competition, you will multiply your chances of failure. On the other hand, enter into a market that is merging, growing, and has few competitors and you will stand a higher chance of being successful. Features of the marketplace you are about to enter? Is the market growing, or receding in size? If it's growing, among which age and income groups. Do you have to know if the marketplace is shifting from offline to online delivery? If so is the traditional marketplace moving towards the website, mobile, and/or tablets.
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