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- qualities are defined as having the least amount of uncertainty and are typically identifiable through inspection before purchase. Experience. Credence. Observable. Search. Both A and B. e arch lypThere are many attributes to a successful business among them are unique product,great customer service,talented leaderhip,right price,efficient communication select one attribute and discuss why you believe it is important to a successful business and suggest how a company may develop them.include atleast 2 links to the articleBased on our discussion of Defining an Idea as a Business, which of the following is the most effective description of a 7. new business idea? a) b) c) d) e) To sell athletic wear for women that is fashionable yet durable To buy athletic wear for women that is fashionable yet durable To design athletic wear for women that is fashionable yet durable To design durable athletic wear for women that allows women to exercise faster To design fashionable athletic wear for women that is durable
- Sarah has always been interested in starting her own business. She recently came upon what she thinks is a great new product idea for a start-up business, but she is unsure how to proceed. What should she do now to increase the chance that her new business will actually become a reality? Select the correct response: O decide what form of ownership her new business should adopt determine what sorts of government funding is available for her start-up O test her idea by talking about it with potential stakeholders and by conducting a pilot test of the new product's appeal to potential customers O both a and b O none of the aboveAvoid managing a company by all of the following except for: crisis hope O extrapolation stuck-in-the-middle. O mystery1- We are either overreacting to information or underreacting to information by being conservative. How does this happen? Explain the gambler’s fallacy of focusing on similarities. We have to be rational and slowly change our beliefs. 2-
- “Learning to write well is important because it gives you power. Writing well enables you to accomplish your goals, whether those goals include being successful in school, getting and keeping a job, or simply expressing your ideas clearly” (Robitaille & Connelly, 2002). Bearing the above quote in mind, reflect on your writing journey in this course. Identify THREE qualities of a good writer. As you reflect on your experiences in FOUN1001, explain how your engagement in the research process/the writing of the documented essay has helped you to develop any of these qualities and impacted on you personally OR professionally. In 500 words, write a response to the above, ensuring that you begin with an interesting introduction that ends with a clearly expressed thesis statement that will guide the development of the reflective essay. You must maintain an objective and academic tone, although you will be using the personal pronoun 'I'. Refrain from using other informalities or…Business is bustling at your catering service, forcing you to order more food ingredients than usual and offer overtime to several of your employees. You suspect that your business is growing, but after several months, things start to simmer down, and your business returns to its previous volume. You also find that fellow shop - owners experienced a temporary uptick in business at the same time you did. What, MOST likely, happened during the limited period of increased economic activity? Group of answer choices Output fell below aggregate expenditure. Output exceeded aggregate expenditure. Output equaled aggregate expenditure at a negative output gap. Output equaled aggregate expenditure at a positive output gap.CHOOSE THE CORRECT ANSWER, NO FURTHER EXPLANATION IS NEEDED 1. In the process of the creation of a startup project, validation means that: A)You have to ask questions about your hypothesis and look for people you assume to have problems your solution can address B)You have to analyse all the processes underlying your startup C) You have to predict how your stakeholders will react to your advertising 2. The principles of a business are: A)The driving forces that make it successful B)The basic hypothesis to be tested C)The goals that need to be reached
- As an entrepreneur, you need to be able to effortlessly discuss your product and its problem-solution narrative, its value proposition, its market niche, and the competition, but in your pitches, you also need to be able to tell your story. The importance of story, particularly your story, in capturing the attention of your audience and motivating them to action cannot be overstated. Instructions Read Telling Your Entrepreneurial Story and Pitching Your IdeaLinks to an external site. (Ch. 7) from the Openstax Entrepreneurship online text. Answer the following questions in the Canvas quiz: How can telling your entrepreneurial story help build a brand? What is the risk of falling in love with your own entrepreneurial story? Imagine you are entering your campus pitch competition. What would be your strategy to win? If your campus does not have a competition, what national pitch competition might you enter? What would be your strategy to win? What strategies define winners of previous…State True or false. Creativity is of utmost importance for an entrepreneur..Which of the following is not commonly associated with successful entrepreneurship: a. In business, the status quo. b. Product enhancement and innovation. c. Competition and collaboration. d. Desire to persuade others.