Answer:
yes
Explanation:
Based on this module, what option would you choose to prepare your taxes? Why? What is one advantage and one disadvantage to using this option to file your tax return?
Answer:
1.1099 form to prepare my taxes
2.The ADVANTAGE is that I will get to fill it out when compare with the W-2 which is already filled out and may take more money than I spent.
3. The DISADVANTAGE is that in a situation where anything I filled in the 1099 form is wrong the IRS may find out which means I will be the one to pay for the damage
Explanation:
1.Based on the module the option I would choose to prepare my taxes is that I will use the 1099 FORM TO PREPARE MY TAXES, reason been that it will gives me an option on telling either the government or IRS of the amount of money I spent in the year.
2.The ADVANTAGE is that I will get to fill it out when compare with the W-2 which is already filled out and may take more money than I spent.
The second ADVANTAGE with the 1099 is that I will definitely get to write an approximate of the amount of money I wasted and the amount of money I needed to get back from the IRS.
3. The DISADVANTAGE is that in a situation where anything I filled in the 1099 form is wrong the IRS may find out which means I will be the one to pay for the damage.
Second DISADVANTAGE is that in a situation where the information I wrote in that form is wrong the IRS will either give me a penalty or charge me more Amount of money.
Which of the following traits would be important to a successful
entrepreneur?
A. Ability to work under a supervisor
B. Self-motivation
C. Ability to work well with a fixed schedule
D. Aversion to taking risks
Self-motivation is a trait that would be important to a successful entrepreneur. The correct option is B.
It prevents you from relying on others and encourages you to use your skills to achieve your goals, self-motivation is crucial. Additionally, it enables you to focus on your areas of weakness and prevent them from impeding your plans.
Why is self-motivation important in a business?You can become driven and determined to accomplish a variety of chores and goals throughout the course of the workday by becoming self-motivated. It will be obvious that you're accomplishing more goals and working harder to achieve them if you exhibit strong levels of self-motivation at work.
Self-motivated people limit procrastination and produce results by using discipline and enthusiasm to finish important tasks on time. For entrepreneurs to overcome obstacles and maintain their business practices, they must possess a certain level of self-motivation.
Thus, the ideal selection is option B.
Learn more about self-motivation here:
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14. Customer centricity requires zooming in on your important customers. As you do so, which
strategies would you want to focus on?
Explanation:
Customer centricity is an approach to doing business that focuses on providing a positive customer experience in order to drive profit and gain competitive advantage. ... Customer-centricity helps you to build trust and loyalty of your customers, but also a solid reputation
‘A person starts a business venture because he lost his job’. Which form of entrepreneur is he.
Answer:
sole trader
Explanation:
couse he is running as well as managing his business..i hope that's it..
Emy is at dinner with her group of friends when one of them pulls out a new pen that not only writes but takes pictures. It also saves what it writes on a flash drive so the user can download the file later to her laptop through bluetooth. She rolls her eyes and makes a few skeptical comments about the fancy device. Emy’s attitude fits closest to which adopter category?
Answer:
Late Majority.
Explanation:
The adoption of a product by consumers is divided into five categories, namely, innovators, early adopters, early majority, late majority, and laggards. Such customers are known as adopters who adopt to new technology differently. The category of adopters was proposed by Everett Rogers in 1962.
In the given scenario, Emy exemplifies Late majority adopter.
Late Majority adopters are those adopters who adopts new innovation or technology after observing that the product has been adopted fruitfully by the majority of society. They rank on the second last position of the adopters. They are more skeptical to the product before adopting it. So, Emy fits the late majority category of adopters as she is skeptical about the fancy device shown by her friend.