Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN: 9781285193946
Author: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher: Cengage Learning
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Question
Chapter 5, Problem 4CC
Summary Introduction
To determine: The kinds of issues support certain people to begin new businesses.
Introduction: The term business is defined as the planned exertion of people to manufacture and trade, for revenues, the goods and services that fulfill the requirements of the people. A business must be designed in such a way that it is managed efficiently, gratify the needs and should make profits.
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Chapter 5 Solutions
Foundations of Business - Standalone book (MindTap Course List)
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- Determine the characteristics that entrepreneurs need in order for their businesses to be profitable. How can these qualities be fostered in the company's employees?arrow_forwardWhy is it important for entrepreneurs to hire an attorney or other professional prior to the establishment of a new business?arrow_forwardWhich characteristics, in your opinion, are crucial for an entrepreneur’s success?arrow_forward
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