Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 30, 2018

Imagine you are considering opening a business. Share the type of business you would open. Then, create a list of the five (5) most significant

Imagine you are considering opening a business. Share the type of business you would open. Then, create a list of the five (5) most significant risks that you must address prior to making your decision regarding the viability of your venture. Justify the risks.

Step by Step Solution

★★★★★

3.28 Ratings (102 Votes)

There are 3 Steps involved in it

Step: 1

Identifying and Mitigating Risks Opening up a business has always been my dream and I know very well that this is also a dream of many individuals Sta... blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mathematical Applications for the Management Life and Social Sciences

Authors: Ronald J. Harshbarger, James J. Reynolds

11th edition

9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042

More Books

Students also viewed these Marketing questions

Question

★★★★★

A 58-year-old couple are considering opening a business of their own. They will either purchase an established Gift and Card Shoppe or open a new Wine Boutique. The Gift Shoppe has a continuous...

Answered: 1 week ago

Question

★★★★★

You are considering opening a bagel restaurant aimed primarily at the breakfast trade. Youll sell bagels, coffee, and other items in relatively fixed proportions to one another. For each bagel sold,...

Answered: 1 week ago

Question

★★★★★

You are considering opening another restaurant in the TexasBurgers chain. The new restaurant will have annual revenue of $300,000 and operating expenses of $150,000. The annual depreciation and...

Answered: 1 week ago

Question

★★★★★

The following information has been extracted from the trial balance of M/s Randhir Transport Corporation. Adjustments 1. Closing stock for the year was Rs. 35,500. 2. Depreciation charged on plant...

Answered: 1 week ago

Question

★★★★★

On July 1, 2017, Pizner Co. Ltd. pays 13,200 to Orlow Insurance Ltd. for a 3-year insurance contract. Both companies have fiscal years ending December 31. For Pizner Co. Ltd., journalize and post the...

Answered: 1 week ago

Question

★★★★★

11.4 Briefly explain how NPV is computed and interpreted.

Answered: 1 week ago

Question

★★★★★

3. Save first drafts and finished products from students in previous classes to show how much the students improved with effort and support.

Answered: 1 week ago

Question

★★★★★

On March 1, Jordan Company borrows $90,000 from Ottawa State Bank by signing a 6-month, 8%, interest-bearing note. Instructions Prepare the necessary entries below associated with the note payable on...

Answered: 1 week ago

Question

★★★★★

On December 1, 2014, Harrisen Company had the account balances shown below. A) Journalize the December transactions and adjusting entries, assuming Harrisen uses the perpetual inventory method....

Answered: 1 week ago

Question

★★★★★

Lets return to the model of financial aid awards at a liberal arts college that was first introduced in Section 2.2. In that section, we estimated the following equation (standard errors in...

Answered: 1 week ago

Question

★★★★★

An account the balance of which is subtracted from the balance of a related account so that more complete information than simply the net amount is provided is an rosoft Word Mission b Accrued...

Answered: 1 week ago

Question

★★★★★

What should Disney do to mitigate the losses stemming from the two scandals and to minimize the likelihood of such reputation-threatening incidents recurring in the future?

Answered: 1 week ago

Question

★★★★★

Calculate the productivity for the following operations: a.Three employees process 600 insurance policies in a week. They work 8 hours per day, 5 days per week.

Answered: 1 week ago

Question

★★★★★

Is there any lesson of significance that you have learned from the Goal? If so, explain the relevance of this operational phenomenon to service-based and manufacturing organizations.

Answered: 1 week ago

Question

★★★★★

The OM supervisor informs you, the researcher, that the data has a large standard deviation. What data pattern would you expect to observe once you generated a time series trend?

Answered: 1 week ago

Question

★★★★★

Kari, a member of the Wave Earbuds research team, will be presenting findings about the prototype for the new wireless earbuds during an upcoming meeting. Since this meeting will have representatives...

Answered: 1 week ago

Question

★★★★★

when raw materials are requisitioned for a job, the raw materials inventory account is debited. True or False?

Answered: 1 week ago

Question

★★★★★

H Corporation has a bond outstanding. It has a coupon rate of 8 percent and a $1000 par value. The bond has 6 years left to maturity but could be called after three years for $1000 plus a call...

Answered: 1 week ago

Question

★★★★★

McCabe Corporation issued $560,000 of 7% 10-year bonds. The bonds are dated and sold on January 1, 20X1. Interest payment dates are January 1 and July 1. The bonds are issued for $521,724 to yield...

Answered: 1 week ago

Question

★★★★★

The figure shows a graph that compares the future values, at 8% compounded annually, of an annuity of $1000 per year and one of $1120 per year. (a) Decide which graph corresponds to which annuity....

Answered: 1 week ago

Question

★★★★★

An urn contains 4 red, 5 white, and 6 black balls. Three balls are drawn, without replacement, from the urn. (a) What is the probability that all three balls are red? (b) What is the probability that...

Answered: 1 week ago

Question

★★★★★

(a) Graph each function with a graphing utility; (b) Classify each function as a polynomial function, a rational function, or a piecewise defined function; (c) Identify any asymptotes; and (d) Use...

Answered: 1 week ago

Question

★★★★★

Bias-variancetradeoff2: Somestatisticalmethodsdiscussedin Chapters 7 and 8 use a shrinkage orsmoothingoftheMLestimator,suchthatastheamountofshrinkagein- creases,...

Answered: 1 week ago

Question

★★★★★

Bias-variancetradeoff3: For n independentweightchangesinananorexiastudy,aresearcher believesitplausiblethat = 0 and toestimate decides tousetheestimator = cY for a constant c with 0 c 1. (a)...

Answered: 1 week ago

Question

★★★★★

For n independentobservations {yi} from aPoissondistributionwithmean : (a) Findthescorestatistic U(y,) and theinformation I(). (b) Showhowtofindascoreconfidenceintervalfor .

Answered: 1 week ago

Previous Question Next Question