if someone buys a business but hires professional managers to rub it so they dont have to be involved in the operations are they an entrepreneur?

Q: Can a business survive without a business plan?

A: In today's world of economy we would likely to know how important a business in our society.  Most…

Q: Identify the reason why some individual is afraid to start a business. a. It is stress free b. It…

A: Business means doing some activity to earn some profits like buying and selling goods or…

Q: How is the behavior of the salespeople affecting the profit of KC Corporation? Is their behavior…

A: Ethics:   Ethics in business is a much debated yet less followed topic. Every business has to…

Q: charge all his personal expenses to his business. He said that he owns the company anyway.

A: Expenses and revenues are charged in the income statement of the comapny. The expenses and revenues…

Q: How can you help people to open new business  by explaining different forms of business and its…

A: A business refers to an organization engaged in commercial, industrial, or professional activities.…

Q: is it possible for a company to expand itself out of existence, and how can this be avoided as a…

A: Introduction : When a company goes out of existence and shuts down its operations, it is stated that…

Q: how does prior knowledge in profit and loss helps you change your vision about running a business?

A: Knowledge about profit and loss in running a business plays a crucial role.

Q: While meeting with a CPA, a new business owner finds out that the business is considered a…

A: A business entity is a set-up for doing business activities and every business has some goal vision…

Q: Advantage and disadvantage Owning your own business and working for someone else

A: Business is an organisation that engaged in commercial and industrial activities. These are…

Q: The form of organization for a business is not an important issue, as this decision has very little…

A: A business enterprise can have different forms of organization such as partnership, sole propriety,…

Q: What are the common barriers to entry that the entrepreneurs can experience in business operation?

A: Barriers to entry are the obstacles or hurdles that make it difficult or prevent new enterprises to…

Q: How does the changes of CARES and NOL affect businesses and do you belief that it is going to…

A: The Coronavirus Aid, Relief, and Economic Security (CARES) Act and the changes it brought to the Net…

Q: What drives someone to start their own company

A: This question explains about drives someone to start their own company

Q: What can a business do to prevent an employee from receiving salary in kind

A: Internal control is an essential component of every business. It aids in the management's continued…

Q: Responsibility: Do businesses have a responsibility to society or to their shareholders?  Explain…

A: The business main objective is to earn profit. but a business cannot operate on one objective as…

Q: Why do people commit fruad in there jobs? what should a manager do if some of its workers committed…

A: Fraud refers to the type of activity that should be done intentionally for manipulating the…

Q: Some accountants argue that they should be allowed to invest in a company's stock as long as they…

A: An audit entails a thorough examination and a written report. The auditing and vouching procedure…

Q: What do entrepreneurs do that distinguishes them from any other person involved in the business?

A: A business is an enterprise entity or an organisation which is present to carry out a variety of…

Q: What are some of the non-financial factors you would consider if you were faced with a decision…

A: When evaluating whether to keep or terminate a business segment, it's crucial to consider not only…

Q: Discuss and explain the differences in the kinds of structure a new company can use to organize…

A: New companies can choose from various organizational structures to define how they will manage their…

Q: if you are a business owner, how can finantial analysis help you? (short explanation)

A: The financial analysis is process to evaluate business on the basis of finance related transactions…

Q: An advantage of small businesses is that the management of assets and liabilities is not a difficult…

A: The term assets refer to the resources that are owned by a company and these are sued for generating…

Q: Why are internal accounting controls important to a business? What are advantages vs. the…

A: Internal control refers to a systematic procedure to be followed by the personnels of a company to…

Q: Does someone need to start a business from scratch to be called an entrepreneur?Disscuss

A: Yes someone need to start a business from scratch to be called an entrepreneur. Most people envision…

Q: nancial Manager” a strict job title for a person within a business organization? Explain based on…

A: Introduction : As the name suggests, the financial manager refers to an individual who works in a…

Q: If someone buys a business but hires professional managers to run it so they don’t have to be…

A: Ans. Yes, still they are entrepreneurs Explanation: The term entrepreneur not limits to a person…

Q: what are the reasons why an individual venture into a business?

A: When an individual starts his own business that is known as sole-proprietorship.

Q: Fully discuss in detail the characteristics that distinguish entrepreneurs from ordinary business…

A: Entrepreneur An entrepreneur is a person who helps in combining the various factors of production…

Q: As a manager, would you use financial incentives to compensate your employees? If so, what would be…

A: Financial incentive: Financial incentives are given with the intention of motivating employees. The…