Name and explain the four main functions of managing a successful business.

Answers

Answer 1

Answer:

Integrity, Persistence, Focus, and inspiration.

Explanation:

Before I go on to explain to you why I believe these are the four main personal functions and understanding for managing a successful business I have to tell you this is my opinion and I believe that you will gain much more knowledge on this question if you continue to ask and talk to people on the functions of managing a successful business.

Integrity. Having integrity is an important skill in life and the business world. You have to have a lot of self control and have the strong integrity to be able to handle the losses and wins of your business. There are people who are much harder to work with after a loss in their business and they cannot think as rationally as they could be thinking without that loss. If you have the proper integrity you would think of that loss as a new challenge that you have to get through and power over, you would learn from your mistake and try to solve it and stay strong through it, there is no option for success if you don't have integrity.

Persistence. You need to have persistence to lead a business and have the motivation for success. With persistence to succeed you are willing to do what you need to do and more to make it. A common trait of successful business men and women is persistence and knowing what they need to do to make it in the business world. There are countless motivational speakers that teach aspiring entrepreneurs. When your peers are out partying on the weekends you have to be on the top of your game, that is the difference of winners and losers. You are willing to work and put in the hours for your passion you will one day be able to go out and do what you want with the people you want because you worked when others partied. There is a difference with comparing yourself to others in the world but in the business world you must compare your business and the ethics and what you are doing that you could do better.

Focus. Focus is a skill inside and outside of the business world. Like integrity with focus you have an important skill that other competitors may not have. You are able to focus and analyze the competition, what you are doing right and wrong and taking the time and focus to understand what to do. As an entrepreneur you may want to take days where you focus and read in on the market and it will benefit you greatly.

Inspiration. Inspiration can lead you to do better, when you are inspired to do great and you find the purpose to succeed you will realize why you want to start a business. You will understand how hard it will be and the endless nights of working, you may be working 100 hour weeks. But when you find the inspiration and your purpose you will succeed.


Related Questions

deman is ____ when the price change results in a proportional change in quantity

demanded. This type of demand is __________________ to find.​

Answers

Answer:

Unit elastic, difficult

14) What are the two parts of demand?

Answers

Answer: The two parts of demand are:

• Willingness to buy

• Ability to pay

Explanation:

Demand simply refers to the amount of the goods and services which the buyers want to purchase at a certain price for a particular period of time.

There are two parts of demand which are the willingness of a buyer to purchase a certain good and also the ability to pay by the person.

Can we treat all small businesses the same? Why or Why not?

Answers

Answer:

Depends on what you define as small business, if you mean a mom and pop pharmaceutical store across the road that keeps the money within the family and has every member of the family working in the shop to create an infinite amount of revenue for themselves until they hit a profit, then sure. They contribute tax dollars to the community through supplying jobs and creating cheaper cost for locals, which gives incentive to buy more in bulk and thus creating more tax dollars. Unless you are talking about the man in the apartment building who makes home grade meals and sells them cheap to his community, then no. While he is contributing tax dollars all those dollars aren't going back into the community until he buys something with that money, and the people who spent that money just got  a tax free meal that 't go into the community didn't.

Explanation:

Which is an example of a marketing function for a business? 1.Preparing income statements for the business 2. Obtaining new products to replace sold stock 3.Interviewing potential sales employees 4. Creating a banner ad for the company website​

Answers

Answer:

4. Creating a banner ad for the company website

Answer:

4

Explanation:

on a test and got correct answer

What is the the effect on the foreign price with a combined domestic production subsidy and consumption tax applied by a small country on the same good at the same level?

Answers

Answer:

The effect these factor will have on Import is that it will lower Imports and decrease in imports = Increase in foreign prices

Explanation:

The effect on the foreign price when there is a combined domestic production subsidy and consumption tax applied on a good at the same level

i) when consumption tax is applied : The consumer price will increase by the amount of the tax and the demand for the good will decrease while the producer price will remain the same

ii) when production subsidy is applied : producer price will increase while the consumer price will remain unchanged

when they are both set at the same level ( i.e. consumption tax and production subsidy )  The producer price = consumer price

The effect these factors will have on Import is that it will lower Imports and decrease in imports = Increase in foreign prices

1. What percent of respondents say they would
have NO way to cover a $400 expense?

Answers

Answer:

Bro the answer:

Explanation:

WORLDWIDE : 40%

AMERICA : 27%

I will give Brainliest
For the situation below, determine whether the premium will likely increase, decrease or remain the same.
Craig totaled his previous car when ran a red light?
A. increase
B. Decrease
C. remain the same

Answers

Increases, as he has done something that makes him a liability.

70 of 500 respondents say they would visit a trampoline park. What percentage of respondents is this?
a. 14%
b.15.5%
c.17%
d.18.9%

Answers

Answer:

a. 14%

Explanation:

Total respondents = 500

100% = 500

1% = 500 ÷ 100 = 5

Since 1% of the 500 respondents is 5 people...

70 ÷ 5 = 14

70 of 500 respondents say they would visit a trampoline park. Thus, the percentage of respondents is 14%. Therefore, option 'A' is the correct option.

What is a percentage?

Total respondents = 100% = 500

Therefore, 1% = 500 ÷ 100 = 5

Since, we know that 1% of the 500 respondents is 5 people

70 ÷ 5 = 14

A % in mathematics is a quantity or ratio that is stated as a fraction of 100 (from the Latin per centum, "by a hundred"). Although the abbreviations "pct.", "pct.", and occasionally "pc" are also used, the percent symbol, "%," is frequently used to indicate it. A % lacks dimensions and has no associated unit of measurement.

Long before the decimal system was invented, computations in Ancient Rome were frequently done using fractions that were multiples of 1/100. Centesima rerum venalium, for instance, was a 1/100 tax imposed by Augustus on commodities that were sold at auction. These fractions might be calculated in the same way as percentages.

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Advise someone on the implications of CPA on businesses​

Answers

Answer:

Impact of the CPA on businesses

The main function of the Consumer Protection Act now is to protect consumers against product liability. Protection against product liability means that consumers are protected if the product they purchase from you is defective and causes further damage.

Explanation:

Hope it helps! Correct me if I am wrong :>

A good business meets ________ needs.
please help me


A) specialized
B) future
C)identified
D)likely

Answers

Answer:

b specialized

Explanation:

it the one that makes the most sense

i'm pretty sure it's likely !

How can being open to transfers help employees in their career growth?

A they galn experience
B. transfers always Include a pay raise
C. they galn approval from the management
D. they have job security​

Answers

The answer would be B hope it helps :)
A) because i think it’s beneficial for employees to have experience in different job sectors

If a new shirt costs $34.99 and the sales tax is $2.10, the sales tax rate is?

Answers

Answer:

6%

Explanation:

sales tax 2.10 divided by shirt cost will give you the sales tax rate

2.10/34.99 = .0600 or 6%

Answer:

The answer is C) 6 percent

Explanation:

Question 1 of 10
A business buyer purchases toner, paper, and staples from a seller of office
supplies. What form does the seller need to use to inform the buyer about the
payment owed for this purchase?
O A. An invoice
B. A receipt
C. A purchase order
D. A packing slip

Answers

Answer:

B. A receipt.

Explanation:

A receipt is normally given to the person after he or she purchased something, in case if the person wants a refund or etc he can use the receipt for evidence to be able to do so.

Highlight four reasons why a person may start a business
i).....​

Answers

Answer:

To create job opportunities

To earn or make profit

To new skill upskill

To demonstrate the value of entrepreneurs

Explanation:

Notices provide a cheap way of communicating the same information to a large number of people but they may not be read, or may be ignored. True or false ?

Answers

Answer:

True

Explanation:

Notices can be regarded as a form of

formal communication to pass information to particular person as well as group of people. This could be inform of invitation to attend a meeting, legal notice from court, announcement of a particular event,

Identify the type of business.

Exporting
does not require setting up any manufacturing plant in the nations the products are marketed. It involves producing goods locally.

Answers

General and legal and political environment

Careers in the Hospitality and Tourism career cluster are
O highly desirable and pay high wages.
O bountiful and expected to continue to grow.
O seldom desirable and pay low wages.
O limited and expected to continue to decline.

Answers

Answer:

B

Explanation:

Edge

Careers in the Hospitality and Tourism career cluster are bountiful and expected to continue to grow. Thus option B is correct.

What are Careers?

Career sectors are means of classifying various career kinds based on shared characteristics. People can use these criteria to help them focus their job options and select a suitable path.

A collection of occupations that emphasize giving people food, lodging, aid to travelers, and enjoyable activities. The abundance of jobs in the travel and hospitality career cluster is anticipated to persist.

The planning, management, and provision of lodging, dining, entertainment, conferences, and tourism, as well as related arranging and community programs including transport services, are all part of a the hospitality and tourism employment cluster. Therefore, option B is the correct option.

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Have you seen Zack Snyder's Justice League on HBO Max?

Answers

Answer:

YES!

Explanation:

IT WAS AMAZING I WANT MORE DC FILMS LIKE THAG I DON'T CARE IF ITS ON HBO MAX I WANT MORE

Which statement best explains why interest rates are impprtant when saving money? A lower interest rate allows someone's debt to grow more quickly The higher the interest rate the more cost to save money in a bank The higher the interest rate helps someone's money grow larger over time The lower the interest rate, the less it costs tk save money in a bank

Answers

Answer:

The higher the interest rate helps someone's money grow larger over time

Explanation:

Interest rate is the percentage earned by depositors on their deposit. For example, if a person save $200. If the interest rate is 10%, the person earns $20 on her deposit.

The higher the interest rate, the higher the growth in deposit.

For example if a bank offers a compound interest of 10% on deposit and another bank offers a compound interest of 20% on deposit.  If $200 is deposited, after 3 years, the total amount that would be had in each bank is

$200 x (1.1)^3 = $266.20

$200 x (1.2)^3 = $345.60

It can be seen that the amount after 3 years is higher at the bank with the higher interest rate

Only buy on credit, what you can pay for in cash refers to... Group of answer choices Credit Cards Payday Loans Morgages Auto Loans

Answers

Answer:

Credit Cards

Payday Loans

Auto Loans

Explanation:

In the field of economics, credit means to have the ability of having goods or the services before the payment of the goods which can be paid later in the future to the other party.

The following can be bought on credits and can be paid in cash later on. These includes :

Credit cards -- credits card are used to purchased item on credits to which the payment is done on a later date in the future.

Payday loans -- payday loans is a type of loan or money borrowed from someone with an interest that is to be paid in the future.

Auto loans -- auto loans are available to buy a car in credit and repaying the loan in cash to the bank in installments in the future.  

Gross sales is defined as the sales
for
and goods
given to customers.

Answers

Answer:

Gross sales is a metric for the total sales of a company, unadjusted for the costs related to generating those sales. The gross sales formula is calculated by totaling all sale invoices or related revenue transactions

14. Labor and safety legislation assumes that?

A.safety risks are the cost of having a job

B.workers have a right to a safe workplace

C.employees must choose between family and work​

Answers

Answer:

B.workers have a right to a safe workplace

Explanation:

Labor and safety legislation believes everyone should be safe at work.

Insurance offers consumers

Answers

Insurance customers don’t have a complicated need they want to choose from a good selected of policies to then get clear responsible prices.

Insurance customers don’t have a complicated need they want to choose from a good selection of policies to then get clear responsible prices.

Insurance is a tool for risk management. You get safeguards against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If an accident occurs and you don't have insurance, you may be responsible for paying all costs.

Its objective is to mitigate inadvertent loss and reduce financial uncertainty. This is done by trading the assumption of the risk of a sizable loss and a promise to make payments in the event of one for the payment of a small, predefined fee—an insurance premium—to an accredited insurer.

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A stock is priced at $85 per share and pays a quarterly dividend of $2.10 per share. What is the dividend yield per stock share per year?

Answers

The answer will be 9.9

I have some questions, here they are:

1. Should I tell my parents I'm adopted?

2. Does it take 18 months for twins to be born? Or 9?

3. If I eat myself will I get twice as big or disappear completely?

4.How am I sure I’m the real mom of my kid?

5.How far of a drive is it from Miami to Florida?

6.Why doesn’t the Earth fall down?

7.Is an egg a fruit or a vegetable?

8.If batman parents are died, then how was he born?

please answer these I really need to know

Answers

Answer: 1. You wouldn’t know that your adopted unless someone told you

2.9

3. Die and disappear

4. DNA test

5. Your in Florida

6. Gravitational cling

7. Neither

8. They died after he was born

Explanation:

Which of the following can cause a run-time error?

A programmer anticipated a positive whole number, and the user input a negative decimal value.

A programmer anticipated text data, and the user input text data.

A programmer anticipated numeric data, and the user input numeric data.

A variable was not defined because of a typographical error in the definition of that variable.

Answers

Answer:

A programmer anticipated a positive whole number, and the user input a negative decimal value.

Explanation:

Edge : )

Answer:

A programmer anticipated text data, and the user input text data.

Write a paragraph (5-8 sentences) that compares and contrasts grants, scholarships, and loans. Be sure to include the pros and cons of each.

Answers

Answer:

he lets talk on here pls

Explanation:

Hillary and Stephanie have both borrowed $15,000 from the same bank to buy the same model of a new car. Hillary's credit score is 732 and
Stephanie's credit score is 588. Who is likely to pay a lower finance charge?


Stephanie

Hilary

They will pay the same because they used the same bank

They will pay the same because they bought the same car

Answers

Answer:

Call me at    (470)343-8439

Explanation:

Payroll records show employee earnings and any deductions from those earnings.
True
False

Answers

This is true..........

In private equity, what does an analyst do?

Answers

a person who does research and analysis of private companies. they preform due diligence, financial modeling and valuation of the companies where investors are willing to invest
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