Sonia has often thought of going into business for herself. She has had a lot of great ideas.
They must have been great, she thinks, because other people have made a lot of money with
similar concepts. Sonia just never seems to get started on putting her ideas to work.
What should Sonia do if she wants to turn her ideas into reality? What entrepreneurial
characteristic does she need to develop? Why is it important to all entrepreneurs?

Answers

Answer 1

Answer:

needs to make a business plan . it is important to all entrepreneurs because it helps them plan out their future for thier buisness like their customers and if they will go into debt

Answer 2

Sonia should start by laying out a plan for her business. Planning is  important as it is a  detailed document outlining a company's objectives and how it intends to achieve them.

What are entrepreneurial characteristic ?

The four key characteristics: vision, passion, adaptability .

Vision-  Innovation cannot occur without vision, the ability to not only recognize opportunity and connect dots, but also to question why a solution to a problem does not exist.

Enthusiasm- Entrepreneurs are incredibly passionate and mission-driven. They have an unshakeable sense of purpose and an innate ability to lead from the heart.

Adaptability-  Adaptability is required of entrepreneurs. We live in a highly dynamic world where economic and other conditions change very quickly and are generally beyond our control.

To learn more about entrepreneurial characteristic

https://brainly.com/question/5113089

#SPJ5


Related Questions

who was in paris????

Answers

Answer: i wish i was in paris

Explanation:

Answer:

Ernest hemlingway

Explanation:

he was a Paris writer in 1899-1961

A loss is when
A. Revenue is greater then expenses
B. Revenue is less than expenses
C. Revenue is equal to expenses
D. None of them

Answers

The answer is B revenue is less than expenses

The answer to this question would be B

I need hElP!11!!rlelrdwf

Answers

Answer:

Building and construction

Explanation:

Need help with this question below? Question 1

Answers

Show the full pic plz

Nolan Company's cash account shows a $29,833 debit balance and its bank statement shows $30,002 on deposit at the close of business on June 30. Outstanding checks as of June 30 total $2,426. The June 30 bank statement lists $28 in bank service charges; the company has not yet recorded the cost of these services. In reviewing the bank statement, a $40 check written by the company was mistakenly recorded in the company's books as $49. June 30 cash receipts of $2,261 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement. The bank statement included a $23 credit for interest earned on the company's cash in the bank. The company has not yet recorded interest earned. Prepare a bank reconciliation using the above information.

Answers

Answer:

cash account balance= $29,833

- bank service charges = ($28)

error in recording check = $9

interests earned = $23

reconciled cash account = $29,837

bank account balance = $30,002

- outstanding checks = ($2,426)

deposits in transit = $2,261

reconciled bank account = $29,837

Both reconciled accounts match, so we did it correctly.

Can someone please help me with this question!

Answers

Answer:

I think you got it right*

Explanation:

I think this is the same question I took.

Which statement best describes the lesson we can learn from Lupe's experience?

It’s too much work to open a checking account.
It’s only important to track large amounts in personal records.
It’s important to keep accurate records.
It’s best to use only one document to track spending.

Answers

Answer: it’s important to keep accurate records

Explanation:

Just did it

Considering the story of Lupe, the best statement that describes the lesson we can learn from Lupe's experience is "It’s important to keep accurate records."

The story of Lupe revealed that when people from authority tend to assess and crosscheck the accounting records when performing the auditing process.

This process is to check the actual proof of the transaction and look for any inaccuracies.

Any inaccuracies found could be used as a basis to indict people for financial fraud, regardless it is an honest mistake or not.

Hence, in this case, it is concluded that the correct answer is option C. "It’s important to keep accurate records.

Learn more about auditing here: https://brainly.com/question/25388600

what is revenue in simple terms

Answers

Answer:

income usually of a company or a state

Explanation:

Drivers can incur fines for the following reasons:
A. Obstructing driveway issues on Complaint $60.50
B. Parking in a Handicap space/no plate or card $200.00
C. Parked on sidewalk $25.00
D. All the Above

Answers

Answer:

D. All of the above

Explanation:

Answer:

All of the above

Explanation:

You can deduct money on all these reasons

Please hurry!! Imagine that you have been approved to participate in a cooperative education program. In two or three sentences, indicate where you would like to work and describe what you hope to learn from your job placement there. Be sure to include three to five specific examples of what you would hope to learn.

Answers

Answer:

Answer:

A response might look similar to what is below.

Explanation:

I would like to work in an elementary school.  I would hope to learn what is to be taught and how it is to be taught.  I hope to learn about the expectations for student learning and also the expectations of a classroom teacher.  I also would like to learn the type of education I need to become an elementary school teacher.

Can someone help me with this. Will give brainly

Assignment 1R
(20 points)
Assignment 1R: Selling and Pricing
Instructions

Save this file in your course folder, and name it with Assignment, the assignment letter, the section number, and your first initial and last name. For example, Jessie Robinson's assignment 1R for Section 1 would be named Assignment1RJRobinson.

Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress.

Review Lesson 4 of the Course Overview for instructions about turning in your assignments.

Assignment Questions

In Section 1, you learned about selling and pricing. Now, you'll apply what you learned.

1. Choose a type of company that would have sales people, and then answer the following questions about it. TIP: Choose a type of company that you would be interested in working for or starting up yourself.

a. Describe the product the company sells. (1-3 sentences. 2.0 points)

b. Which needs in Maslow's hierarchy does this product appeal to? Why would customers want this product? (1-5 sentences. 3.0 points)

c. Describe the role a sales person would play in selling this type of product. How much help would customers be likely to need from the sales person? (1-3 sentences. 3.0 points)

d. What sales methods do you think would work best for selling this product? TIP: Would you sell the product online, over the phone, in a store, etc.? (1-5 sentences. 2.0 points)

e. Describe the methods you would use to pay and motivate sales people to sell this product. Would you use sales quotas or a particular type of commission structure? Why or why not? (1-5 sentences. 2.0 points)

f. What price do you think the company should charge for this product? Explain what factors you considered in deciding what price to charge. (1-6 sentences. 4.0 points)


g. What pricing strategies do you think would be most successful for this type of product? Describe at least one strategy that would work well for this product, and explain why you believe it would work. TIP: Pricing strategies include psychological pricing, unit pricing, product line pricing, promotional pricing, penetration pricing, and price skimming. (1-6 sentences. 4.0 points)

Answers

Answer:

1. Choose a type of company that would have sales people, and then answer the following questions about it. TIP: Choose a type of company that you would be interested in working for or starting up yourself.

a. Describe the product the company sells. (1-3 sentences. 2.0 point

This company sells items like Phones, Laptops, Headphones, Apple Car    Play, Chargers.

b. Which needs in Maslow's hierarchy does this product appeal to? Why would customers want this product? (1-5 sentences. 3.0 points)

Apple items, such as phones, tablets, and computers, are used to interact with others, so I believe it belongs in the social level.

c. Describe the role a sales person would play in selling this type of product. How much help would customers be likely to need from the sales person? (1-3 sentences. 3.0 points)

They will assist in the marketing of the product they are selling by offering examples that would aid in the sale of the product. The more the product does, the higher the fee paid to the salesperson. They will probably not need much assistance, as a salesperson's primary duty is to help the company market its product or service effectively.

d. What sales methods do you think would work best for selling this product? TIP: Would you sell the product online, over the phone, in a store, etc.? (1-5 sentences. 2.0 points)

Right now, I'd do it on a few different websites. as a result of the pandemic If the pandemic was over, the safest place to be would probably be in a Cellphone store. Since so many people watch television, I will often advertise on television advertisements. or I'd use social media to advertise because I know a lot of teenagers and young adults who love apple and use social media.

e. Describe the methods you would use to pay and motivate sales people to sell this product. Would you use sales quotas or a particular type of commission structure? Why or why not? (1-5 sentences. 2.0 points)

-I would use progressive commission sales, for example:

number of units sold                sales commission

0 - 250                                           2.75%

251 - 500                                       4.50%

501 - 750                                       6.25%

751 - 1,000                                    8.75%

1,001 - 1,250                                 10.50%

-Salespeople would be inspired to sell more units in this manner because they will see a substantial rise in their profits as their sales volume increases.

f. What price do you think the company should charge for this product? Explain what factors you considered in deciding what price to charge. (1-6 sentences. 4.0 points)

I think the company should charge 75$ for headphones, 350-400 for laptop, and 400$ phones. I believe that if prices were lowered the more product would be bought. Not saying their products aren't worth the price that they already are but i believe lower price higher product in demand.

g. What pricing strategies do you think would be most successful for this type of product? Describe at least one strategy that would work well for this product, and explain why you believe it would work. TIP: Pricing strategies include psychological pricing, unit pricing, product line pricing, promotional pricing, penetration pricing, and price skimming. (1-6 sentences. 4.0 points)

I would do promotional pricing because if I can get customers to get interested in the  product quicker, it would be better in the long run. Promotional pricing is when there is a short time of a lower price to increase the volume of sales. Which is why chips/salsa/etc go on sale around the biggest sporting events.

Mort Silver owns a home. He estimates his expenses as mortgage interest, $10,180; property taxes, $3,690; insurance, $833; depreciation, $3,800; maintenance and repairs, $900; lost interest income, $2,375; and utilities, $2,450. He expects to save $3,700 in income taxes. What is his net cost of home ownership?

Answers

Answer:

$17,528.00

Explanation:

The net cost of home-ownership will be the expenses minus savings.

Mortgage interests: $10,180

Property taxes :$3,690

Insurance :$833

Depreciation :$800

Maintenance and repairs :$900

Loss interest income :$2,375

Utilities: $2,450

The total expenses

= $10,180 + $3,690 + $833 + $800 + $900 + $2,375 + $2,450

=$21,228

Savings

=$21,228 - $3,700

=$17,528.00

American Airlines paid the television producer to be a part of the show. This is known as ...

Answers

Sponsor/sponsorship and advertising.
sponsoring and stuff like taht

Which of the following is one of the purposes of an administrative agency?
A. To develop laws that are later voted on by Congress
B. to enforce statutes enacted by Congress
C. to take pressure off local and state resources
D. to evaluate the feasibility of retaining laws​

Answers

Answer:

I believe it is B.

Explanation:

Administrative agencies are places like Police stations i think, and their jobs are to do what the states and the government tell them to do. They help execute the laws, so to me the only possible asnwer that makes sense is B. Hope this helped someone!

find the square root of 31-4√21​

Answers

Explanation:

3x+4=-2 hope that helps.

3. Improving employee motivation is likely to:
A
B
С
D
- encourage staff to work harder
increase staff absence
lower productivity
reduce workforce punctuality

Answers

A. encourage staff to work harder. by motivating the employees they are more likely to work harder.
A. Motivation will increase their productivity and give enough hope for them to work harder.

Todays electronics specializes in manufacturing modern electronic components. It also builds the equipment that produces the components. Phyllis Weinberger

Answers

Answer:

Market Condition: Large Facility , Mid - Sized Facility, Small Facility , No Facility

Good Market : 0 , $250,000 , $350,000 , $550,000

Fair Market : $19,000, 0, $29,000 , 129,000

Poor Market : $310,000, $100,000 , $32,000 , 0

Explanation:

Large Facility :

Good Market 550,000 - 550,000 = 0

Fair Market 129,000 - 110,000 = 19,000

Poor Market 0 - 310,000 = 310,000

Mid Sized Facility :

Good Market 550,000 - 300,000 = 250,000

Fair Market 129,000 - 1129,000 = 0

Poor Market 0 - 100,000 = 100,000

Small Facility :

Good Market 550,000 - 200,000 = 350,000

Fair Market 129,000 - 100,000 = 29,000

Poor Market 0 - 32,000 = 32,000

No Facility :

Good Market 550,000 - 0 = 550,000

Fair Market 129,000 - 0 = 129,000

Poor Market 0 - 0 = 0

If $500 is placed in a savings account paying 10 percent per year compounded annually, what will the account balance be at the end of the year?
a.$550
b.552.36
c.$505
d.$600

Answers

Answer:

b

Explanation:

hope this helps you out

In the united states what is the significance of April 15

Answers

Answer:

Hope it helps

have a good day Ahead

April 15th of the United States is Tax day

5. The role of government in a market system
a. does not exist
b. is restricted to establishing property rights
C. includes improving situations that would otherwise result in a market failure
d. includes improving on situations that would otherwise result in a government failure

Answers

the answer is most likely c

I will mark you as brainliest!!

What is stock turnover?

A. How long customers have own the products they've purchased
B. How quickly inventory sells
C. How much it costs to keep inventory
D. How the stock market affects inventory

Answers

Answer:

d.how the stock market affects inventory

Explanation:

a stock turnover is the rate at which a company's goods are sold and replaced. I hope that helped <3

stock movement Effects of the stock market on inventory Thus option (D) is correct.

What is the stock price?

A share price is the price of a single share of a company's salable equity shares. In layman's terms, the stock price is the largest amount of money someone is willing to pay for the stock or the lowest amount for which it can be purchased.

Stock market Analysts in economics and financial theory utilize random walk techniques to model the behavior of asset prices, particularly share prices on stock exchanges. This technique is founded on the assumption that investors operate rationally and without bias, and that they evaluate the value of an asset at any given time based on future expectations.

Therefore, Thus option (D) is correct.

Learn more about stock prices here:

https://brainly.com/question/15021152

#SPJ2

who is the first president is europe​

Answers

Answer:

Walter Hallstein (1901–1982)

Explanation:

for 9 years

Other Questions
just need help with question #5 pls The countries of Italy, Spain, Portugal, and Norway are located on which type of landform?A. desertB. fjordC. peninsulaD. valley Find the area of the triangle with A = 35, b = 11 feet, and c = 10 feet. Round to the nearest tenth. Solve the problem.Two plumbers make house calls. One charges $90 for a visit plus $45 per hour of work. The other charges $65per visit plus $55 per hour of work. For how many hours of work do the two plumbers charge the same? Help!! 1 3/5 + 2/3=????????????????????? HELPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPP What was Karl Marx property called? PLS HELP ILL GIVE BRAINLIEST (SAT Prep) Find the value of x If d - 10. rHELP PLZZZZ I Hsave to submit soonnnnnn Explain at least three ways in which a mutation in an individual's DNA could occur, and describe at least 2 effects a mutation could have on an individual's traits. HELP!! i need a question about 26 amendment. How did decolonization affect African nations? Factorise:1) 10x + 5xy2) 15xy + 3y3) 14xy + 7y Answer plz it would help me alot Match the correct item in Column A with its corresponding definition or description in ColumnB. Write the correct letters in the blanks. For Social studies NEED HELP, QUICK MATH QUESTION! Why did Shays Rebellion wory the nation's leader A car dealership increased the price of a certain car by 13%. The original price was $47400 what is the new price? Question 8(02.03 LC)What did Louis Pasteur's experiment contribute to cell theory? (4 points) aThe fact that all organisms consist of cells bThe evidence that cells are the basic unit for all organisms cThe proposal that cells are living organisms dThe proof that cells only come from other cells A = 4.5 centimeters, B = 6 centimeters