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IgorC [24]
2 years ago
11

Rick has met with the Small Business Administration, which analyzed his entrepreneurial skills and provided him with a summary o

f the results. Out of these findings of the SBA, what might challenge Rick in his quest to become a successful entrepreneur? a) Rick is conscientious and emotionally stable. b) Rick has some tolerance for ambiguity because he knows he is trying to do things that haven't been done before. c) Rick has an external locus of control. d) Rick is comfortable with a moderate level of risk, and he has the confidence to act decisively. e) Rick has a high nec Rick has a high need for autonomy and wants to shape his own destiny
Business
1 answer:
Mrrafil [7]2 years ago
5 0

Answer:

c) Rick has an external locus of control.

Explanation:

What can challenge Rick in his quest to become a successful entrepreneur is that he has an external locus of control, which occurs when an individual relates events related to their failures or successes to external variables that are not their responsibility, such as fate, luck or bad luck.

The external locus of control can pose a challenge for Rick in the sense that an entrepreneur's success is related to his own personal control and personal efforts to make the business viable and successful in the market. It is necessary for the entrepreneur to understand that there are risks inherent to the business and that a business can work according to their efforts, learning and planning, that is, the entrepreneur and their control and management actions will be responsible for the success or failure of the business, and not just external factors like fate or bad luck.

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A freelance writer must choose how to spend her time working on several different types of projects. Newspaper stories take 3 ho
Paraphin [41]

Answer:

3N + 25M + P ≤ 45

Explanation:

Let the number of Newspaper Stories taken=N

Newspaper stories take 3 hours to write.

Total Hour spent on Newspaper Stories=3N

Let the number of Magazine Articles taken =M

Magazine articles take much longer to write 25 hours per article.

Total Hour spent in Magazine Articles=25M

Let the number of Proofreading jobs taken =P

Proofreading pays for every 1 hour

Total Hour spent in Proofreading jobs=P

Since both newspaper stories and magazine articles must be completed in the week they are started.

The writer doesn't want to work more than 45 hours per week. So his total hour in a week is less than or equal to 45.

The Constraint that limits the amount of time the writer will work in a week is given as:

3N + 25M + P ≤ 45

7 0
2 years ago
What is the education level of a majority of the Power, Structural, and Technical Systems workers?
Deffense [45]
Bachelors degree is the minimum <span />
3 0
2 years ago
Read 2 more answers
The fictional country of Anastialia is a small country with rich resources in minerals. In an 8 hr work day it can produce 100 p
Ksivusya [100]

Answer:

c. comparative advantage

Explanation:

As we know that

The one pound of silver would be equivalent to 0.5 pound of copper

And,

one pound of copper would be equivalent to 2 pounds of silver

based on this, there is a comparative advantage with respect to the silver production

Hence, the correct option is c.

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3 0
2 years ago
For large projects that involve several hundred people performing various activities over several years, it is practical to have
lesantik [10]

Answer: False

Explanation:

It is very Impractical to have each person in such a project estimate activity durations at the beginning of the project.

Firstly there are several hundred people involved and it is a very large project, each and every person cannot begin to guess how long activities will take because the plans will have to fit into the next person's plans. It is impractical.

Also, it is a Long Term Project where people will perform different roles over those years. It is impractical for each person to estimate how long their activities will take to complete again because such plans would have to be interwoven with the next person's.

6 0
2 years ago
The brokers of Greater Gulf Realty and Brackish Bay Realty agreed to only work with clients near their own offices to allow each
Naddik [55]

Answer:

"Market allocation " would be the correct answer.

Explanation:

  • The expression 'market allocation' has been used to refer to something like a form of horizontal trading relationship where various companies collaborate to a conceptual model to limit the individual business-related activities to similar aspects such as temporary groups, defined geographical regions, and sometimes even respective customer groups.
  • This arrangement is commonly a form of the contract during which the participants distribute the marketplace between itself.

So that the given scenario is the example of Market allocation.

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2 years ago
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