I do not agree that “the only beneficiary of the entrepreneurial wealth is the entrepreneur him/herself.”
The entrepreneur may be the chief beneficiary when she is alive to reap the rewards of their entrepreneurial efforts. But, she is certainly not the only beneficiary of the entrepreneurial wealth that she creates. Nobody works in isolation. When the entrepreneur commences her business, society as a whole benefits because any individual wealth created increases the wealth of the nation and the world. She only gets the profit share of the created wealth. Customers who patronize her services and goods also derive satisfaction of needs (utility or value). The entrepreneur's wealth is also shared to the government in form of taxes. Suppliers of primary goods and services also share in the wealth of the entrepreneur. And employees of the entrepreneur also take a large share of the created wealth.
But, who is an entrepreneur? She is somebody who assumes some entrepreneurial (first-time) risks in order to set up a business for the manufacture or provision of goods and services for the purpose of profit. Her business may not be profitable in the short-run. She can even lose tons of money initially until the profit stage sets in. As she preserves, the profits will start rolling in, provided she had done her homework well.
Answer:
If both demand and supply increase by the same amount, the output level will increase while price will remain same.
If increase in demand is greater than increase in price then price and output both will increase.
If increase in supply is greater than increase in demand, price will decline while output will increase.
Explanation:
The changes in the price and quantity of salsa depending on the degree of change in supply and demand. In case both the variables increase by the same proportion, the price will remain the same while quantity will increase.
In case the increase in demand is more than increase in supply it would cause the price to increase because of excess demand. At the same time, the quantity will increase as well.
In case the increase in supply is more than increase in demand, the price will fall due to excess supply. The output will increase as well.
Answer:
Yes. Roy can successfully challenge this arbitration award in court.
Explanation:
According to the law, an arbitration clause is a part of the contract between Roy and Secure Investments, Inc. that deals with these parties' rights and options in the event of a legal dispute over their contract. Like in most arbitration clauses, Roy and Secure Investments, Inc. must have agreed not to sue each other but instead, to resolve their disputes through the arbitration process. But the res judicata effect produced through an arbitration can either be challenged and appealed against or enforced. Roy, depending on the merits of his case, can make a successful appeal against the arbitration award and not against the arbitration itself.
<span>Let the number of calories from lunch be called L. As such, breakfast is then L + 128, and dinner is 2L - 400. We can then sum the three meals and equate it to the total caloric intake, the known value of 1932.
So:
1932 = L + L + 128 + 2L - 400 = 4L - 272.
Lunch = 551
Breakfast = 551 + 128 = 679
Dinner = 2*551 - 400 = 702</span>
Answer:
proposals are sales presentations, so make sure to detail your expertise and accomplishments
Explanation:
Based on the information provided within the question it can be said that the best advice or reminder would be to remember that proposals are sales presentations, so make sure to detail your expertise and accomplishments. Just as any other sales presentation you need to demonstrate that you know what you are selling so that the client garners faith that you can provide the services that you are selling and are not just telling them what they want to hear in order to make a sale.
