What should I do after a business plan?
Answers
After creating a business plan, entrepreneurs should: Do more research. Hire a team Manage your finances. Develop your brand. Build a system. Start marketing. Build your network. Build a foundation for your business.
Is a business plan worth it?A business plan is a very important and strategic tool for any entrepreneur. A good business plan not only helps an entrepreneur focus on the specific steps required to turn his idea into a successful business, but it also helps them achieve their short-term and long-term goals.
How do I complete my business plan?When writing a business plan conclusion, follow these steps: Decide where you want it. Please add the correct information. Add facts and statistics. Keep a positive tone. Add a call to action. Check out the conclusion.
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Related Questions
According to the General Electric Portfolio Model, what should an organization do with its strategic business units (SBUs) that fall into the red zone?
A.
Hold share and build share
B.
Harvest or divest
C.
Produce and divest
D.
Build share and harvest
Answers
According to the General Electric Portfolio Model, an organization should harvest or divest its strategic business units (SBUs) that fall into the red zone.
The General Electric (GE) Portfolio Model, also known as the GE–BZ, is a strategic planning tool used to assess and manage a company's portfolio of SBUs.
It classifies SBUs based on their market attractiveness and competitive position.
In the GE Portfolio Model, the red zone represents SBUs that have low market attractiveness and weak competitive positions.
These SBUs are considered to be underperforming and have limited growth potential. Therefore, the recommended strategy for SBUs in the red zone is to either harvest or divest them.
Harvesting an SBU means extracting as much value as possible from the business unit while minimizing further investment.
This may involve reducing costs, optimizing operations, or generating short-term cash flows. Harvesting allows the organization to maximize returns from the SBU before eventually phasing it out.
Alternatively, divesting an SBU involves selling or discontinuing the business unit altogether.
This decision is made when the SBU no longer aligns with the organization's strategic goals or when it is unlikely to achieve profitability in the future.
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A _____ is a set of unique features of a company and its products that are perceived by the people or companies the organization wishes to serve as significant and superior to those of the competition.
Answers
A competitive advantage is a set of unique features of a company and its products that are perceived by the people or companies the organization wishes to serve as significant and superior to those of the competition.
What exactly is a competitive advantage?If a company have something that gives it an edge over its competitors that eventually helps it attract more customers and grows its market share, then it is a competitive advantage to the company.
There are three primary forms of a competitive advantage, namely (1) cost advantage, (2) offer advantage, and (3) niche advantage.
Cost advantage means providing a service or producing a product at a lower cost than competitors.Offer advantage means a company's product or service stands out from the competitors by meeting a unique customer need.Niche advantage means designing a product or service that attracts a specific audience.Find out more about competitive advantage here: https://brainly.com/question/26514848
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If the ussr’s economy had remained agriculture-based rather than industrialized, then.
Answers
Answer:
then the unemployment rate among men would have been much lower. women would have been much less in demand in the workforce. crop productivity would have led to larger, better nourished populations. children would not have had to leave school early to work in factories.
Explanation:
women would have been much less in demand in the workforce.
Consider a bond with maturity 2 year, 100 face value, coupon 4.60%, and yield 7.00%. compute a dollar duration numerically using a dy =0.001%. report you result with two digits decimal accuracy and the correct sign. example: -185.95
Answers
The dollar term for security with developing long term, 100 presumptive worth, coupon 4.60%, and yield at 7% is - 0.00174785.
Presently, we should compute the dollar span of this bond.
Security cost at yield 7% = (coupon rate/1 + yield rate) + (coupon rate + 100)/(1 + yield rate) ^2
= 4.6/1.07 + 4.6 + 100/1.07^2
= 4.29906542 + 91.36169098
= 95.6607564
note : with dy = 0.001%, new yield = 7.001%
New security cost with a new yield of 7.001%
= (coupon rate/1 + new yield rate) + (coupon rate + 100)/(1 + new yield rate) ^2
= 4.6/1.07001 + (4.6 + 100)/1.07001^2
= 4.29902524 + 91.35998331
= 95.65900855
Consequently, the dollar span for this bond is = 95.65900855 - 95.6607564
= - 0.00174785.
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What are the requirements for a collaboration information system?
Name and describe the five components of a collaboration information system. Summarize the primary requirements for collaboration information systems and relate those requirements to the need for iteration and feedback as well as the three criteria for successful collaboration.
Answers
A collaboration information system refers to a set of technologies that aid individuals work together on common tasks and accomplish business objectives.
It enables multiple individuals to work together effectively, irrespective of their location. Collaboration can be done within a company or between businesses. In order to be successful, a collaboration information system must meet a few requirements. The five components of a collaboration information system are:
Communication: This refers to the method of exchanging knowledge and information between participants. The goal is to provide clear and concise communication tools that allow participants to work together in real-time.
Coordination: This is the process of ensuring that the work is divided in a way that allows for effective collaboration and that everyone understands their role and responsibilities. This also means that each member of the team knows what the others are doing, which will help avoid any misunderstandings, duplication of efforts, or lack of effort.
Sharing: This refers to the ability to share data and information with other participants. The sharing of information is critical in a collaboration system, as it allows everyone to have the same knowledge and to work on the same information in a coordinated and timely manner.
Collaboration: This involves working with others to accomplish a common goal. Collaboration occurs when people work together in a structured way to achieve a common objective. It requires that all team members contribute to the success of the project.
Feedback: This is a critical component of collaboration, as it allows participants to provide input and feedback on the project. Feedback can help identify issues early on, allowing team members to make changes before it is too late.
The primary requirements for collaboration information systems are the need for iteration and feedback, as well as the three criteria for successful collaboration, which are:
Effective communication
Effective coordination
Effective feedback.
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Which of the following major laws fall under the Social Regulation pertaining to Environmental Protection?
Environmental Response, Compensation, and Liability Act of 1980, Air Quality Act of 1967, Hazardous Substance Act of 1964, and Water Pollution Control Act
Clean Air Act of 1963, Resource Conservation and Recovery Act of 1976, Endangered Species Preservation Act of 1966, and Safe Drinking Water Act of 1974
Hazardous Substance Act of 1964, Endangered Species Preservation Act of 1966, Environmental Response, Compensation, and Liability Act of 1980, and Public Health Smoking Act of 1970
Endangered Species Preservation Act of 1966, Cigarette Labeling and Advertising Act of 1966, Clean Air Act of 1963, and Refuse Act of 1899
Answers
The Clean Air Act of 1963, the Resource Conservation and Recovery Act of 1976, the Endangered Species Preservation Act of 1966, and the Safe Drinking Water Act of 1974 are major environmental laws.
What exactly is the Clean Air Act of 1963?
The Clean Air Act of 1963 was an improvement over the Air Pollution Control Act of 1955 in that it "set limits on emissions from factories," whereas factories had previously been largely unregulated.
The Clean Air Act is the primary federal air quality law in the United States, with the goal of reducing and controlling air pollution throughout the country.
It was first enacted in 1963 and has been amended several times since then. It is one of the first and most influential modern environmental laws in the United States.
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Individuals should normally have at least _______ months of pay or living expenses in emergency savings.
Answers
Individuals should normally have at least three months of pay or living expenses in emergency savings. This means that if you were to suddenly lose your job or face an unexpected expense, you would have enough money to cover your bills and basic necessities for at least three months without having to rely on credit cards or loans.
It's important to build up this cushion of savings as a financial safety net, and experts recommend increasing it to six months or more if possible. By having an emergency fund, you can have peace of mind knowing that you have a financial buffer to help you weather any unexpected storms that may come your way. The term "three" refers to the number of months of pay or living expenses suggested for emergency savings.
Having this amount saved allows people to handle financial emergencies without relying on credit or borrowing money, reducing stress and debt risks. In conclusion, it is crucial to maintain a solid emergency fund containing at least three months of pay or living expenses. This provides financial stability and protection during unexpected situations, promoting overall financial health and peace of mind.
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A small island country has recently begun an initiative aimed at attracting more businesses to revitalize the economy. An increase in bed and breakfasts, resorts, casinos, hotels, and restaurants has created several jobs, as well as brought in more tourist dollars. However, the island’s president isn't satisfied and has announced a special effort to attract small- to medium-size suppliers and manufacturers. Why do you think he wants to put additional emphasis on businesses that produce goods rather than provide services?
Service jobs have higher salaries than manufacturing jobs.
Manufacturers pay more in taxes.
Manufacturing has the most significant multiplier effect.
Service businesses conflict with manufacturing.
Answers
Option (b) Manufacturing has the most significant multiplier effect.
Manufacturing is the basic to produce any product or to start any business. As in the case study we studied small island country has taken initiative to attract more and more business. On the other hand, president has announced a special effort to attract small- to medium suppliers and manufactures because to firstly balance everything in the economy like reduce unemployment, providing proper wages so that workers would encourage to perform best in their fields.Once the everything is balanced then it can lead to hike in the economy.Learn more about this here-
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What is the difference between a total and a subtotal?
Answers
Explanation:
SUB-TOTAL:
The total for a part of a list of numbers being summed.
TOTAL:
An amount obtained by addition of smaller amounts.
Answer:
subtotal is all the different parts being added together from different list.
total is the all items being added together plus tax.
Explanation:
Eli is buying a townhouse that costs $276,650. He has $28,000 in savings and earns $4,475 a month. Eli would like to spend no more than 30% of his income on his mortgage payment. Which loan option would you recommend to Eli? a. 30 year FHA, 3. 5% down at a fixed rate of 6. 5% b. 30 year fixed, 5% down at a fixed rate of 6. 25% c. 30 year fixed, 6. 5% down at a fixed rate of 5. 75% d. 30 year fixed, 10% down at a fixed rate of 5%.
Answers
The loan option which I would recommend to Eli is which there are 30 years fixed, 10% down at a fixed rate of 5%.
What is the interest rate?The quotient of a loan, that is charged as interest to the receiver, is typically expressed as an annual percentage of the loan outstanding.
Given data are:
Cost of buying a townhouse = $276,650
Savings = $28,000
Earns per month = $4,475
computation:When we take 10% down, fix rate than a cover for the down payment is:
cover for the down payment :
\(\text{Cover for the down payment}=\text{10\%}\times\text{Cost of House}\\\\\text{Cover for the down payment}=\dfrac{10}{100} \times\$276,650\\\\\text{Cover for the down payment}=\$27,665.\)
And, here monthly income is $4,475
So, the mortgage will be :
\(\text{Mortgage}=30\%\times\$4,475\\\\\text{Mortgage}= \$1,342.50.\)
So, by the balance of the mortgage is:
\(\$276,650 - \$27,665= \$248,985.\)
Hence, the total monthly repayment is:
Total monthly repayment:
\(\$248,985\times\dfrac{0.05}{12}+\dfrac{348985}{30\times12}\\\\=\$1729.08.\)
Therefore, option D is correct.
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Explain what Public Relations is?
Cite as much information as you can.
Explain what a Public Relations Manager does?
Cite as much information as you can.
Why would public figures (such as celebrities, politicians, professional athletes, etc) need a Public Relations Manager?
Cite as much information as you can.
How much money do PR Managers make?
What type of training or schooling do PR Managers need?
Answers
Public relations is the management and dissemination of information from a person or an organisation to the public with the goal of altering their view. Public relations is internally managed in contrast to publicity, which is unmanaged and supported by outside sources.
What is Public Relations?
Public relations is the process of gathering and disseminating information to the general public in an effort to alter public perceptions of an individual or an organisation. Publicity differs from public relations in that it is created by outside sources and is not subject to internal control.
Hence, Public relations experts work to improve and maintain the public's favourable view of a company or organisation. They offer press releases and material for social media that improves brand recognition and changes the public's impression of the company or organisation. A savvy public relations specialist is engaged in the world and keeps up with news in the industries of their clients as well as current events, trends, and developments in our own "industry," which includes being aware of the effects of social media. Both bringing the outside in and bringing the inside out are PR's responsibilities.
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stare : glance =
a. abandon: keep b. propose : reject c. deceive : lie d. commit: dabble
Answers
Answer:
D. commit:dabble
Explanation:
A hurricane damages crops in Florida. What factor will impact economic conditions?
unemployment rates
NI natural disaster
inflation rates
government policy
Answers
Answer:
NI natural disaster i think
Explanation:
the taylor rule for the federal funds rate implies that the central bank is concerned with: A. both the GDP gap and inflation, B. uncertainty, C. monetary policy goal
Answers
The Taylor rule implies that the central bank is concerned with both the GDP gap and inflation as part of its monetary policy goal, option A.
The Taylor rule is a monetary policy guideline that suggests how central banks, such as the Federal Reserve in the United States, should adjust the federal funds rate in response to changes in economic conditions. Specifically, the rule recommends that the central bank should increase the federal funds rate when inflation is high or the economy is overheating (as indicated by a positive GDP gap), and decrease the federal funds rate when inflation is low or the economy is sluggish (as indicated by a negative GDP gap).
Therefore, the correct answer is option A.
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Which problems does Jason seem to face as an entrepreneur? Jason currently runs a small manufacturing business. Jason’s parents, who ran the business for years, handed over the business to their only son two years ago. However, Jason is not interested in his family business, and his performance as an entrepreneur has been very poor. The main problem is that Jason is not 1. competitive 2. driven 3. energetic enough to succeed in the manufacturing business because he lacks the 1. passion 2. creativity 3. determination for it.
Answers
Answer:
driven,passion
Explanation:
The simplest correct explanation for variation in concentration across markets comes from which of the following? A) It's just totally random. B) Some industries feature economies of throughput, which, when coupled with vertical integration and effective management, yield massive cost advantages to some firms, thus raising the barrier to entry in such industries. C) Firms that invest in perceived product quality (through, for example, advertising or product development) effectively raise entry barriers in some industries. D) Differences in industry characteristics such as consumer preferences or production technology.
Answers
D) Differences in industry characteristics such as consumer preferences or production technology.
The variation in concentration across markets is primarily influenced by industry-specific factors and characteristics. Industries can differ in terms of consumer preferences, technological requirements, production processes, and other variables that affect market structure and competition. These differences can create barriers to entry or provide advantages to certain firms, leading to variations in concentration levels.
Factors such as economies of scale, vertical integration, effective management, and perceived product quality (through advertising or product development) may contribute to concentration, but they are specific mechanisms or strategies within certain industries rather than the primary explanation for variation across markets.
Therefore, option D provides the simplest and most general explanation by highlighting the industry characteristics as the key determinant of concentration differences.
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Congress passes a bill calling for a 5% tax decrease. The president then signs it
a.) the government's monetary policy
b.) government's open. market regulations
c.) the government's tight money policy
d.) the government's fiscal policy
Answers
Answer:
d.) the government's fiscal policy
Explanation:
Fiscal policy is the actions of a government to alter spending and taxation to influence economic direction. This implies that fiscal policy tools are the level of government spending and taxation.
Reducing taxes and government spending increases the money supply in the market. The government will consider these actions during recessions to stimulate economic growth. Increasing taxes and decreasing spending reduces money circulation in the economy, thereby regulating economic growth.
Type the correct answer in the box. Spell all words correctly.
Which cost is dependent on production volume?
_____ cost is dependent on production volume.
Answers
Answer:
Variable costs
Explanation:
Variable costs are dependent on production output. The variable cost of production is a constant amount per unit produced. As the volume of production and output increases, variable costs will also increase.
Answer:
Variable cost
Explanation:
A coworker asks you for help with something and you're busy finishing up a task, what should you say? A I'm busy right now but I'm happy to help when I'm finished B I'm kind of busy can you ask someone else C I don't have time to help you today
Answers
Answer:
A.
Explanation:
I think I could help him after I'm done with my work.
Please mark brainiest thanks
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE
Owen wants to start a tutoring business. He has a space rented and a lot of ideas, but he has no employees who can tutor the students. Which category of economic resource does he require?
labor
entrepreneurial ability
land
Answers
Answer:
entrepreneurial ability
Sorry, no one answered your question sooner, hope that helps.
labor <><><><><><><><><><><><>
What is the primary purpose of incident investigation?
A. To determine the direct and root causes of the incident
B. To disturb physical evidence
C. To find fault
D.To satisfy the insurance company
Answers
Assume you have just been hired as a manager of CoffeePlace, a coffee shop located near Asoke junction. The company’s earnings before interest and taxes (EBIT) was 100,000 baht last year, and it is expected to remain constant (in real terms) over time. CoffeePlace plans to pay out all profits as dividends. The management group owns about 50 percent of the stock.
The firm is currently all-equity financed; it has 20,000 shares outstanding; and current price is 5 baht per share. When you took your MBA corporate finance course, your instructor explained that most firms’ owners could be better off financially if the firms used some debt. When you suggested this to your new boss, he encouraged you to follow up with the idea. As a first step, you consulted with the firm’s investment banker and obtained the following estimated costs of debt for the firm at different capital structures:
If the company were to recapitalize, debt would be issued, and the funds received would be used to repurchase stock. CoffeePlace is in the 20 percent corporate tax bracket, its beta is 1.0, the risk-free rate is 3 percent, and the market risk premium is 5 percent.
Consider capital structure effects (by identifying the ways in which capital structure can affect the weighted average cost of capital and free cash flows). Then discuss whether you agree with the following hypotheses and why:
1. Does the company’s debt policy create value to the firm?
2. Does the company’s debt policy create competitive advantage?
3. Does the company’s debt policy sustain senior management’s visions?
Answers
1) Yes company's debt policy create value for the firm.
2) Yes, company's debt policy creates a competitive advantage.
3) Yes, company's debt policy can sustain senior management's vision.
1. The company's debt policy can create value to the firm by reducing the cost of capital. By issuing debt, the company can take advantage of the tax deductibility of interest payments, which lowers the cost of debt. This can lower the weighted average cost of capital (WACC), which in turn can increase the value of the firm. However, the company must be careful not to take on too much debt, as this can increase the risk of financial distress and bankruptcy.
2. The company's debt policy can create a competitive advantage by allowing it to invest in projects with positive net present value (NPV) that may not have been possible with only equity financing.
By using debt financing, the company can take on more projects and potentially generate higher returns for shareholders. However, it is important to note that the company must be able to generate enough cash flow to cover the debt payments.
3. The company's debt policy can sustain senior management's visions by providing the necessary financing to pursue their strategic goals. By using debt financing, the company can invest in growth opportunities and expand its business. However, it is important for senior management to carefully consider the amount of debt the company can reasonably take on and ensure that it can generate enough cash flow to cover the debt payments.
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PLEASE ANSWER BOTH OF THE QUESTIONS PLS!!!!!!!!!!!!!!!!!!!!
Answers
You should inform the person who is writing your letter of recommendation of
all of the following things except
A. where you are applying and why.
B. when the letter is due.
C. what you would like him or her to write.
D. what type of financial aid you are seeking.
Answers
Answer:
D.what type of financial aid you are seeking
what are the basic elements found in all marketing plans
Answers
Basic elements found in all marketing plans include an understanding of the target market, an analysis of the competition, the identification of marketing objectives, the development of a marketing strategy, the selection of marketing tactics, and the establishment of a budget.
First and foremost, it's important to have a deep understanding of the target market. This includes demographic, geographic, and psychographic information, as well as insights into consumer behavior and preferences.
Conducting market research is critical to gaining this understanding.
Next, analyzing the competition is crucial in order to identify key differentiators and develop a unique selling proposition. This will help to position the product or service in the market and stand out from competitors.
The identification of marketing objectives and goals should be specific, measurable, achievable, relevant, and time-bound (SMART). These objectives should be aligned with overall business goals and provide a clear roadmap for success.
Once the objectives are established, a marketing strategy should be developed that outlines how the objectives will be achieved. This should take into account the target market, competitive landscape, and budget.
Marketing tactics should then be selected based on the strategy, such as advertising, public relations, events, social media, and email marketing. These tactics should be evaluated based on their ability to achieve the marketing objectives.
Finally, a budget should be established that allocates resources to the various marketing tactics. This will help ensure that the marketing plan is executed efficiently and effectively.
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by specializing and trading, a country is able to group of answer choices obtain the absolute advantage in the goods it produces. consume but not to produce combinations of goods that lie beyond its production possibilities frontier. produce but not to consume combinations of goods that lie beyond its production possibilities frontier. both produce and consume combinations of goods that lie beyond its production possibilities frontier. neither produce nor consume combinations of goods that lie beyond its production possibilities frontier.
Answers
B) consume yet not to deliver mixes of merchandise that lie past its creation prospects outskirts.
How could a nation acquire from specialization and exchange?Whenever nations have different open door costs underway they can profit from specialization and exchange. Advantages of specialization incorporate more noteworthy financial effectiveness, buyer advantages, and potential open doors for development for cutthroat areas.
Might a nation at any point acquire from exchange without enjoying an outright benefit?A country that enjoys an outright benefit in creating all products actually stands to profit from exchange with different nations, since the premise of the additions for exchange is similar benefit, not outright benefit. It isn't workable for an individual or country to enjoy a similar benefit in all products.
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Are those buyers who want to be the first on the block to have the new product or service.
a. Enjoy taking risks
b. Highly knowleadgeable
c. Keep themselves very well informed
d. Crucial to the success of any new product
Answers
Buyers who want to be the first on the block to have the new product or service enjoy taking risks and are regarded as highly knowledgeable. Hence, A and B are the correct options.
Innovation is the transformation of a concept into a workable reality. This is a product, method, business concept, or combination thereof that has been launched in the market and generates new revenues and organizational growth for the company.
Innovative things are fresh and unique. You are an innovative person if you enjoy trying new things and coming up with creative solutions.Innovative, as well as the words nova, novel, and novice, are all derived from the Latin word novus, which means new. Something innovative renews or modifies the way something has been done.
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An increase in government spending by $100 would, if the mpc = 0.90, result in an increase in real gdp by:____.
Answers
If the mpc = 0.90, a $100 increase in government spending would translate into a $100 gain in real GDP.
Gross domestic product (GDP):
Gross domestic product (GDP) is a monetary indicator of the total market value of all finished goods and services produced by nations during a specific time period. Due to its complexity and subjectivity, this metric must often be modified before it can be taken seriously as a predictor. Contrarily, GDP (nominal) per capita does not take into account variations in inflation and cost of living among nations; for this reason, utilising GDP per capita at purchasing power parity (PPP) may be more beneficial.
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This is how you ask a question cuz uk some peeps dont know :)
Answers
Answer:
Ok
Explanation:
Nice to know.
Answer:
now that's how you ask a question kids
determine the amount napoleon should include in his gross income this year under the following independent situations
Answers
Napoleon's net worth peaked at $27 trillion dollars, with massive hoards of gold and diamonds in his war chest. Napoleon conquered and possessed more than 7 million square miles of land in Asia and Europe. They were also tremendous in terms of cost.
The wars cost Britain more than £1,650,000,000 from 1793 until the Battle of Waterloo in June 1815. However, because France's emperor at the time, Napoleon Bonaparte, was losing interest in constructing a North American empire and needed cash to fight the British, he authorised his envoy to offer the Americans not just New Orleans, but the entire Louisiana Territory. The code abolished all birth privileges, established equality before the law, and guaranteed the right to vote.
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