Hampton Inc. should depreciate this asset for five years.
What is the straight-line depreciation method?The straight-line method of depreciation is an accounting method that calculates the cost of an asset evenly over its useful life. The method includes depreciating the asset by the same amount every year until it reaches the end of its useful life.
This process is followed to record the costs of tangible assets in the accounting records of a business. Hampton Inc. has a machine that it uses for business purposes. The machine is expected to last for five years before becoming obsolete. The company decided to use the machine for four years before selling it to another company.
Hampton should use the straight-line depreciation method, which is a method of recording depreciation over the life of an asset evenly. The straight-line depreciation method is calculated using the following formula: Straight-line depreciation = (Cost of asset - Salvage value) / Useful life of the asset.
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laura opened a deposit account. in the first month, she made an initial deposit of $2500. she plans to contribute $225 a month after her initial deposit. the account does not pay any interest. after how many months will she have a total of $6,775? 18 months 20 months 21 months
Laura made an initial deposit of $2500 into a deposit account, and plans to contribute an additional $225 every month.The account does not pay any interest.
initial deposit =$2500
additional contribution=$225
final amount=$6775
it is like a arithmetic progression
An = a + (n – 1)d
6775 =2500+(n-1)225
4275=(n-1)225
(n-1)=4275/225
n-1=19
n=20
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What is the difference between a routine and a major decision
Answer: routine decision- the type made every day without much though
planned decision- use more time and energy to make the best choice
Explanation: i really hoped it helped.
the process of identifying and following employees with potential who will be poised to take over senior positions when they become available is called
The process of identifying and following employees with potential who will be poised to take over senior positions when they become available is called the succession planning.
The process of identifying the crucial jobs within your organization and creating action plans for people to fill those positions is known as succession planning. The succession planning is the process of creating talent to take over for the employees, leaders, or other key personnel when they change roles, leave the organization, are fired, retire, or pass away. It applies to all the businesses, regardless of size, in the for-profit and not-for-profit sectors.
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Swifty Company has contacted Elossom Inc with an offer to seliit 5500 of the whekets for $1800 exch if Blossom makes the wickets. variable costs are $11 per unit. Fixed costs are $13 per unit however $4 per unit is avoidable. Should Blossom make or buy the wickets? What are the savings of this choice? Buy: savings =$22000 Bury savings −$16500 Make, savines −$33000 Make:savinas =$16500
The savings of buying wickets will be $100,500. Therefore, Blossom should buy the wickets and the savings will be $100,500.
The objective is to ascertain whether Blossom should buy or make the wickets and what savings will accrue based on the decision. If the variable cost is $11 per unit, the total variable cost for the 5,500 units will be $60,500 ($11 x 5,500).
The fixed cost is $13 per unit but only $9 ($13 - $4) is unavoidable. The total fixed cost will be $49,500 ($9 x 5,500).
If Blossom decides to make the wickets, the total cost will be $110,000 ($60,500 + $49,500).
However, if Blossom decides to buy the wickets, the cost will be $1800 x 5,500 = $9,900,000. The savings of buying wickets will be $100,500 ($110,000 - $9,900,000).
Therefore, Blossom should buy the wickets and the savings will be $100,500.
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if the firm's fixed cost of production is $3, and the market price is $10, how many units should the firm produce to maximize profit? a. 2 units b. 1 unit c. 4 units d. 3 units
The firm should produce 1 unit to maximize profit. The correct option is B.
To determine the profit-maximizing level of production, we need to use the marginal cost and marginal revenue approach. In this scenario, since the market price is $10 and the fixed cost is $3, the variable cost must be $7 to break even. Therefore, the marginal cost of producing an additional unit is $7.
The marginal revenue is equal to the market price of $10. To maximize profit, the firm should produce up to the point where marginal cost equals marginal revenue. In this case, that is when producing one unit, as the marginal cost of producing the second unit would be greater than the marginal revenue generated.
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Complete question:
if the firm's fixed cost of production is $3, and the market price is $10, how many units should the firm produce to maximize profit?
a. 2 units
b. 1 unit
c. 4 units
d. 3 units
how many times around the track is the kentucky derby
"The Kentucky Derby track is a 1.25-mile long track, and during the race, the horses run one lap around the track.
The Kentucky Derby is a famous and historic horse race that takes place every year. The race is run at Churchill Downs in Louisville, Kentucky, and is known as the "most exciting two minutes in sports."
The Kentucky Derby track is a 1.25-mile long track, and during the race, the horses run one lap around the track. This means that during the Kentucky Derby, the horses run one and a quarter miles, or 10 furlongs.
The Kentucky Derby is a Grade I stakes race for three-year-old Thoroughbred horses, and it has been run every year since 1875. It is the first leg of the Triple Crown of Thoroughbred Racing, which also includes the Preakness Stakes and the Belmont Stakes.
To summarize, during the Kentucky Derby, the horses run one lap around the 1.25-mile long track at Churchill Downs in Louisville, Kentucky. This equates to a distance of one and a quarter miles, or 10 furlongs.
"The Kentucky Derby track is a 1.25-mile long track, and during the race, the horses run one lap around the track.
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Clients tend to report satisfaction and self-improvement to the degree that there is:
A. a session frequency of at least two times per week.
B. limited financial hardship experienced as a result of sessions.
C. a trusting relationship with the coach.
D. a repetition to the content of the sessions.
Among the options provided, a trusting relationship with the coach is the most significant factor in clients reporting satisfaction and self-improvement.
A strong and trusting relationship between the client and the coach forms the foundation for effective coaching outcomes.
While factors such as session frequency, limited financial hardship, and repetition of session content can contribute to the overall coaching experience, they are not as directly linked to client satisfaction and self-improvement as the establishment of trust.
Trust allows clients to feel comfortable and open in sharing their thoughts, feelings, and goals with their coach. It enables the coach to provide personalized guidance, support, and feedback tailored to the client's specific needs. Through trust, clients are more likely to engage actively in the coaching process, implement recommended strategies, and make meaningful progress toward their goals.
It is important to note that individual preferences and circumstances may vary, and different clients may place different emphasis on various factors in their coaching experience. However, overall, a trusting relationship with the coach plays a crucial role in clients' reported satisfaction and self-improvement.
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Two firms are developing a product for a market of fixed size. The longer the firm spends on the development, the better the product is. But the firm releasing the product first has an advantage: a customer may not switch to a better product once got used to a worse one. We model the situation in the following way. A firm that releases first at time t gets h(t) share of the market, leaving the remainder to the competitor. We assume that h(t) is an increasing function of t with h(0) = 0 and h(T) = 1. If the firms release simultaneously, each gets half of the market. Represent this situation as a strategic game and find its Nash equilibria.
The Nash equilibrium of the strategic game is for both firms to release simultaneously at the start of the time period, with each firm obtaining a market share of 0.5.
To represent the situation as a strategic game, we can define the following:
Players: Two firms, Firm 1 and Firm 2.
Actions: Each firm chooses a release time, t, within a given time period.
Payoffs: The market share each firm obtains based on their release time.
Assumptions:
The longer a firm spends on development, the better the product and the higher the market share it obtains.
The firm that releases first has an advantage, as customers may not switch to a better product once they are used to a worse one.
The market size is fixed.
Now, let's define the payoffs for each firm:
Firm 1's Payoff:
If Firm 1 releases at time t and Firm 2 releases simultaneously or later, Firm 1's market share is h(t), and Firm 2's market share is 1 - h(t).
Firm 2's Payoff:
If Firm 2 releases at time t and Firm 1 releases simultaneously or later, Firm 2's market share is h(t), and Firm 1's market share is 1 - h(t).
If both firms release simultaneously, they each get half of the market, so their market shares are 0.5.
To find the Nash equilibria of this strategic game, we need to identify the release times for each firm that maximize their payoffs given the actions of the other firm.
Since h(t) is an increasing function of t, each firm would prefer to release earlier to maximize its market share. However, if one firm releases earlier than the other, it gains an advantage, so there is an incentive for both firms to release as early as possible.
Therefore, the Nash equilibrium of this strategic game is for both firms to release simultaneously at the beginning of the time period, where they each receive a market share of 0.5. This is the only stable outcome where neither firm has an incentive to deviate from their chosen action.
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Exclusive control over a service or product on the market is called: ________
Exclusive control over a service or product on the market is called a monopoly.
A monopoly exists when a single firm or entity is the only supplier of a particular good or service in the market, giving it exclusive control over the production and distribution of that good or service. In a monopoly, the monopolist can set the price of the good or service at a level that maximizes their profits, as there are no other competitors to drive down prices. However, monopolies are often subject to government regulation to prevent abuse of their market power, such as charging excessively high prices or engaging in anti-competitive behavior.
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technological advances allow smaller companies to compete with larger companies. group of answer choices true false
True, Technological advances allow smaller companies to compete with larger companies.
What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.
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Lodging Inc. estimates that if its sales increase 10.00% then its net income will increase 23-50%. The company's EBIT equals $3.0 million, and its interest expense is $1,000,000. The company's operating costs include fixed and variable costs. What is the level of the company's fixed operating costs? Do not round intermediate calculations. a. $3,050,000 6. 51,700,000 O c. $700,000 O d. $1,500,000 e. $2,700,000
Given: EBIT = $3.0 million Interest expense = $1,000,000Let's determine the operating costs of the company. Step 1: Calculate the percentage change in net income if the sales increase by 10%The percentage change in net income = (23.50% - 1)/(10.00%)Percentage change in net income = 22.50%
Step 2: Determine the increase in net income Increase in net income = EBIT × percentage change in net income Increase in net income = $3.0 million × 22.50%Increase in net income = $0.675 million Step 3: Calculate the operating costs of the company Operating income = EBIT - Interest expense Operating income = $3.0 million - $1,000,000Operating income = $2,000,000 Contribution margin = Percentage increase in net income/ Percentage increase in sales Contribution margin = 22.50% / 10.00% Contribution margin = 2.25Fixed costs = Operating income / Contribution margin Fixed costs = $2,000,000 / 2.25Fixed costs = $0.89 million or $890,000Hence, the level of the company's fixed operating costs is $0.89 million or $890,000.
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what is the main reason that business organizations buy products?
Businesses buy things to use in ongoing operations and resell to customers, whereas consumers buy products for their personal use.
Why is corporate buying so important?
Businesses make purchases so they can provide customers with goods and services. As was previously stated, consumer buying behavior refers to individuals (or families) buying goods and services for their own use.
What does an organizational buy look like?
Purchasers within organizations come in a variety of forms. Retailers or wholesalers who buy products from one company and resell them to another are known as resellers. For instance, large grocery chains may buy products straight from manufacturers and resale them to end users.
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What information does a person need to know before renting an apartment?
O The salaries earned by the building employees.
O If electricity is included in the rent of the apartment.
O The property taxes on the building that are paid by the owner.
o If the apartment building has a mortgage.
Answer:2
Explanation:
2
Who among the following is a member of a utilitarian organization: a) Angela, who works as a lawyer at a prestigious law firm and earns $60,000 annually b) Shaun, who is in prison for homicide and is forbidden from moving freely without a security guard c) Caleb, who is a member of a parent-teacher association that aims to promote better education d) Ritu, who is a member of a nonprofit organization that works toward eradicating poverty
Of the options given, the most likely member of a utilitarian organization is a. Angela, who works as a lawyer at a prestigious law firm and earns $60,000 annually.
A utilitarian organization is one where:
Employees receive some sort of compensation for their work Employees are usually contracted to a company to provide a certain serviceAngela is receiving a compensation of $60,000 annually and is a lawyer which means that they are probably contracted to the law firm.
We can therefore conclude that Angela is working for a utilitarian organization based on the fact that there is compensation and contract.
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What are perfect competition examples?
Perfect competition is a theoretical market structure where a large number of small firms produce identical or homogenous products, have perfect information about the market, and are price takers, meaning they have no market power to influence prices. In a perfectly competitive market, there are no barriers to entry or exit, and firms earn only normal profits in the long run.
Some examples of markets that approach perfect competition are:
Agricultural markets: Many agricultural products, such as corn, wheat, and soybeans, are often sold in highly competitive markets with many small producers, standardized products, and few barriers to entry.
Foreign exchange markets: The foreign exchange market is a highly liquid market where currencies are traded among many buyers and sellers, and no single participant can influence the exchange rate.
Stock markets: While the stock market does not meet all the conditions of perfect competition, it is highly competitive with many buyers and sellers, and information is widely available.
Online markets: Online marketplaces like eBay, Amazon, and Alibaba provide a platform for many small sellers to sell similar products at competitive prices, with low barriers to entry and exit.
Street vendors: In some developing countries, street vendors may sell similar products at competitive prices in highly competitive markets.
It is important to note that perfectly competitive markets are rare in real-world situations, and markets often fall somewhere on the spectrum between perfect competition and monopoly, with varying degrees of market power and imperfections.
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Which expenditure will be the same whether you lease or buy a new vehicle?
total cost
monthly payments
gas cost
required down payment
Answer:
Gas Cost
Explanation:
Just took the Exam on Ingenuity
The expenditure that will be the same whether you lease or buy a new vehicle is :
C) Gas Cost
The expenditure that will be the same whether you lease or buy a new vehicle is a Gas Cost.The gas cost cannot be determined by whether the car is bought or leased.Thus, the correct answer is C.
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You gain health benefits from exercising for a minimum of _______.
a.
10 minutes three times a week
b.
10 minutes two times a week
c.
20 minutes three times a week
d.
20 minutes two times a week
Answer:
C
Explanation:
so you at least work out for 1 hour a week because 20 min 3 times a week is 60 min which is an hour
Answer:
It's C
Explanation:
I took the test :)
separation of duties and e-commerce controls are examples of blank______ controls.
Separation of duties and e-commerce controls are examples of internal controls.
What makes a strong internal control?Trying to assure the accomplishment of objectives and goals requires effective internal controls. For management choices, they deliver dependable financial reports. They make sure that laws and regulations are followed in order to reduce the chance of public scandals. Internal controls that are inadequate or excessive have a negative impact on productivity, contribute nothing to the activities, and make processing transactions more difficult and time-consuming.
Effective internal controls serve to guarantee that operations are efficient and successful, achieving unit goals while still safeguarding personnel and property.
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100 point question + brainliest
Mike Oxmore has 69 apples, Moe Lester has 420, what is the mass of the sun?
Answer:
The mass of the sun is - 1.989 x 10 30 kilograms
Also, 69 + 420= 489
Explanation:
Hope this helps?
Have a nice day! <3
The income statement is divided into three major categories. What are these categories?
Answer: revenue, expenses and net
Explanation:
suppose the average cost of electricity is $ 0.25 /kwh. solar panels cost $ 100 /sq ft and you want to install 500 sq ft of solar panels. assume each square foot of solar panels produces 20 kwh ever year. further, assume government tax incentives pay for 50 % of the initial cost. round answers to 2 decimal places, if necessary. a. find the cost to install the 500 f t 2 of solar panels. remember to reduce the cost for the government tax incentives.
The cost to install the 500 sq ft of solar panels, after factoring in the government tax incentives, is $25,000.
To find the cost to install the 500 sq ft of solar panels, we'll need to calculate the total cost of the panels and then reduce it by the government tax incentives.
First, let's calculate the total cost of the solar panels:
Cost per sq ft of solar panels = $100
Total sq ft of solar panels = 500
Total cost of solar panels = Cost per sq ft * Total sq ft
Total cost of solar panels = $100 * 500 = $50,000
Next, we'll determine the government tax incentives, which cover 50% of the initial cost:
Tax incentive percentage = 50% or 0.5
Tax incentive amount = Tax incentive percentage * Total cost of solar panels
Tax incentive amount = 0.5 * $50,000 = $25,000
Finally, we'll calculate the cost to install the 500 sq ft of solar panels, accounting for the government tax incentives:
Cost to install solar panels = Total cost of solar panels - Tax incentive amount
Cost to install solar panels = $50,000 - $25,000 = $25,000
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when ordering raw materials of steel and aluminium the business is considering changing to jit advise them if its a good idea or not
The advantages the business gets if they change to JIT are
reduction in inventory costImprovement in qualityIncrease in efficiencyThe Advantages:Decisions on whether or not to implement a Just-In-Time (JIT) inventory system for steel and aluminum raw material depend on many variables such as business size, market demand, lead time and supplier reliability. Here are the potential advantages and disadvantages of JIT inventory in such situations:
JIT helps businesses reduce inventory holding costs as raw materials are only ordered as required, thus freeing up cash flow for other investments and creating greater cashflow opportunities.
Quality Improvement: Just-In-Time production methods provide greater quality assurance as materials can be purchased in smaller batches that can then be thoroughly inspected upon their arrival.
Increased Efficiency: Just-In-Time ordering helps shorten lead times as raw materials are ordered only when necessary for production; leading to greater productivity gains overall.
Disadvantages of Just in Time production (JIT):
JIT requires businesses to become increasingly dependent on suppliers for materials delivery on time or at required quality levels; any supplier failure could create major disruption in operations and create costly supply issues for business operations.
Transportation Costs Increase with JIT Delivery Frequencies: JIT deliveries often necessitate more frequent delivery trips, which increases transportation expenses.
Difficulties Responding to Unexpected Changes: JIT requires accurate forecasts for demand and lead times
Requiring an efficient supply chain: JIT requires close cooperation between businesses and suppliers in the supply chain.
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how is spotify taking advantage of mobile devices?
In the following question, Spotify is taking advantage of mobile devices in several ways: Mobile app, Offline listening, Personalization, Integration with mobile devices,
Some of the ways in brief-
Mobile app: Spotify has a mobile app that is available for free on iOS and Android devices. The app allows users to stream music and podcasts directly from their mobile devices, providing them with a convenient way to access their favourite music while on the go.Offline listening: Spotify's mobile app also allows users to download their favourite songs, albums, and playlists for offline listening. This feature is particularly useful for users who want to listen to music while travelling or when they are in areas with the poor network coverage.Personalization: Spotify's mobile app uses machine learning algorithms to personalize the user experience. The app recommends new songs and artists based on the user's listening history and preferences. It also provides personalized playlists such as Discover Weekly, Daily Mix, and Release Radar.Integration with mobile devices: Spotify has integrated its mobile app with other mobile devices, such as smartwatches and voice assistants. Users can control their music playback and access their playlists directly from their smartwatches or voice assistants, making it more convenient to listen to music on the go.Overall, Spotify's mobile app provides users with a convenient and personalized way to access and listen to music on their mobile devices, and the company has continued to innovate and improve its mobile offerings to meet the evolving needs of its users.
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Which of the following has the largest impact on opportunity cost?
consumer wants
tight deadlines
consumer needs
limited resources
Answer: Limited resources
Explanation: Limited resources means there is less resources available to the consumers. Scarce resources causes firms to make a choice resulting in opportunity cost. If the consumers money and attention is limited then they must make trade offs.
Answer:
Limited Resources :)
Explanation:
Just took the test.
Note:
You can do it!
How can project management offices (POs) support effective project management?
PMOs provide project manager with the technical guidance they may need to decide on the best course of action for their projects. These services include general planning, estimation of the budget, scheduling, procurement, and the selection of the appropriate project management metrics.
A project manager is a brief, one-of-a-kind endeavor that has a defined beginning and end and is intended to produce a good, useful change or added value. It is typically time-constrained, and is frequently constrained by funding or staffing.
The transient character of projects contrasts with business as usual (or operations), which are recurring, scheduling , or semi-continuous functional activities that create goods or services. In practice
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Assume that the Candyland economy produced approximately 150 candy bars, 80 bags of caramels, and 30 solid chocolate bunnies. If the average price of candy bars is $3, the average price of caramel bags is $2, and the average price of chocolate bunnies is $10, the market value of candy bars is:
The market value of candy bars in the Candyland economy is 450.
To find the market value of candy bars, we need to multiply the average price of candy bars by the number of candy bars produced. The Market Value of a company’s common equity is a function of the most recent price paid by investors in the open markets to purchase a share and the total number of diluted shares outstanding.
The formula to calculate the market value of equity is as follows.
Market Value = Market Value Per Share × Total Diluted Shares Outstanding
Given that the average price of candy bars is 3 and approximately 150 candy bars were produced, we can calculate the market value as follows:
Market value of candy bars = Average price of candy bars * Number of candy bars produced
Market value of candy bars = 3 * 150
Market value of candy bars = 450
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Peggy started work after graduation and started investing.
Why do you think Peggy would have decided to invest?
A. to keep her finances liquid for emergencies
B. to earn compound interest
C. to minimize the risk of losing money
D. to build on her retirement fund
E. to take out a student loan for further education
Answer:
c
Explanation:
For international businesses to achieve vertical differentiation, _____. a. foreign and domestic operations should be grouped in such a way that the company effectively serves the needs of all customers b. top level managers must emphasize flexibility and openness in organizational structure c. a hierarchy of authority must be created that clarifies the responsibilities of both domestic and foreign managers d. the global structure must allow decisions to be made in the most appropriate area of the organization
Answer:
a hierarchy of authority must be created that clarifies the responsibilities of both domestic and foreign managers
Explanation:
A tax that takes a higher percentage of income from people with lower
incomes is a
A. progressive tax
B. deductive tax
C. dependent tax
D. regressive tax
A regressive tax is a tax that takes a higher percentage of income from people with lower incomes. Hence, option D is correct.
What is regressive tax?When the overall tax burden drops as income increases, the tax is said to be regressive. While middle- and high-income taxpayers suffer a proportionally smaller part of the tax burden, low-income taxpayers bear a disproportionately large share.
Every taxpayer, regardless of economic level, pays the same amount of money, a regressive tax may initially seem to be a fair method of taxing residents. A closer analysis reveals that such a tax results in lower-income persons paying a bigger percentage of their income than do wealthy ones.
Thus, option D is correct.
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Four ways in which schools could promote entrepreneurship as a viable option to counteract unemployment
Answer:
Entrepreneurship is an important alternative to counteract unemployment. It not only gives provides employment to the entrepreneur but also provides jobs to others as well.
Explanation:
Entrepreneurship may be defined as the setting up of a business or a work looking out for making profit dealing with the risks and the challenges on its own.
Four ways in which the school can promote entrepreneurship as a viable option to counteract unemployment are :
build awareness and promote entrepreneurship among the students.Provide the benefits of being an entrepreneur and showing them the possibilities of setting up a business that can even provide jobs to others.Providing with valuable ideas and guidance regarding setting up a business and giving an overview of the current market trends and market study.Helping the students reach out to other entrepreneurs and also providing ways to get any financial aid to set up a business.Four Ways through which Schools can promote Entrepreneurship include the following
Creation of entrepreneurship centres to provide consulting to non-profits and small businesses.Awareness creation through seminars and lectures on the importance of entrepreneurship as an alternative to paid employment. Host entrepreneurship contests where incentives are given.Inviting influential and professional entrepreneurs to give lectures.What is Entrepreneurship ?Entrepreneurship is defined as the process of starting up a business, and taking up the responsibility of financial risk with the hope of making profit.
Entrepreneurship is a potent means of reducing unemployment to the lowest minimum.
Entrepreneurship brings about creativity and as such value is created which leads to more wealth.
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