How does small business enjoy advantage of low cost of production and develop entrepreneurial skills?

How does small business enjoy advantage of low cost of production and develop entrepreneurial skills?
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Do you believe that, as time goes on, there are less business/entrepreneurial opportunities out there? In other words, does this generation have less biz ideas available than the last generation and the generation before that? Do ideas as grand as Starbucks still exist?

Description : Do you believe that, as time goes on, there are less business/entrepreneurial opportunities out there? In other words, does this generation have less biz ideas available than the last generation and the generation before that? Do ideas as grand as Starbucks still exist?

Last Answer : answer:I think there are still limitless opportunities and new ideas. Many of them will focus on new technology, for example, the two guys who started Google or the YouTube or our own Ask- ... revolution? All you need is imagination and drive. Not giving up is the key to entrepreneurial success.

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Description : Dynamic capabilities refer to: a) the firm's ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environments. b) the link between ... underlie a company's multiple production lines and critically underpin the firm's competitive advantage

Last Answer : the firm's ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environments.

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Last Answer : answer:The only person I can think of that has ever made an impact with computers is… Bill Gates! This question is very old, but I’m glad to be the first answer!

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. What is said to be the key factor in maintaining Organizational Growth ? [Hurst : 1995] A. Entrepreneurial Vision B. Planning C. Innovation D. Flexibility

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Last Answer : c) Facilitate effective, entrepreneurial and prudent management of a company.

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Last Answer : C. innovation.

National Alliance of Young Entrepreneurs (NAYE) Sponsored an Entrepreneurial Development scheme with Bank of India in______________. A. January 1920. B. August 1920. C. January 1972. D. August 1972.

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Last Answer : C. IIC.

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Last Answer : B. A realistic sales forecast.

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Lauren, a systems analyst, has excellent interpersonal skills. To take advantage of her skills, the functional lead of the project should assign her to program in Java and C++

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Core Competencies are the skills and abilities by which Resources are deployed through a Firm’s activities and processes to enable the Company to ----------- : A. Survive B. Survive using approaches & techniques that others cannot imitate or acquire C. Achieve Competitive Advantage in ways others cannot imitate D. Achieve superior position

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Last Answer : Achieve Competitive Advantage in ways others cannot imitate

Among the following States, which one has the most suitable climatic conditions for the cultivation of a large variety of orchids with minimum cost of production, and can develop an export oriented industry in this field? [CSAT 2011] (a) Andhra Pradesh (b) Arunachal Pradesh (c) Madhya Pradesh (d) Uttar Pradesh

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When does working 'off the books' develop into a small business?

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Last Answer : That sounds like it’s both working off the books and running a small business.

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Last Answer : The national home base of a firm plays a key role in shaping that firm's competitive advantage in global markets.

Which of the following is the MAIN advantage of multivariable segmentation: A)provides more information about the individuals in each segment B)allows the company to develop a marketing mix that will satisfy customers in a segment more precisely C)allows the company to develop a larger number of segments D)allows more than one variable to be used to segment markets

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It is advantage of giving home work that students Options: A) remain busy at home B) study at home C) may be checked for their progress D) may develop habit of self study

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Comparative advantage occurs when (a) A country can produce more goods than anyone else (b) A country has a lower opportunity cost in the production of a good than any other country © A country has more product lines than other countries (d) The exchange rate appreciates.

Description : Comparative advantage occurs when (a) A country can produce more goods than anyone else (b) A country has a lower opportunity cost in the production of a good than any other country © A country has more product lines than other countries (d) The exchange rate appreciates.

Last Answer : (b) A country has a lower opportunity cost in the production of a good than any other country

Which one of the following statements is not correct ? (A) Business firms combine to avoid wasteful competition (B) Business combination is possible only among joint stock companies (C) Business firms may combine to take advantage of patent rights of individual firms (D) During economic depression, small firms are absorbed by financially sound large firms

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Last Answer : Answer: Business combination is possible only among joint stock companies

The purpose of all good small business strategy is__________. A. to increase turnover. B. to increase profitability. C. to achieve competitive advantage. D. to achieve stated objectives.

Description : The purpose of all good small business strategy is__________. A. to increase turnover. B. to increase profitability. C. to achieve competitive advantage. D. to achieve stated objectives.

Last Answer : D. to achieve stated objectives.

------ pricing is possible when a firm is able to reduce its manufacturing costs at a predictable rate through improved methods, materials, skills, and machinery. A)experience -curve B)price leader C)manufacturing based D)production -curve

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Last Answer : A)experience-curve

The main advantage of using worm gears is a.Low power loss b.High velocity ratio c.Ease of manufacture d.Minimum cost e.All of the above

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Last Answer : c. Ease of manufacture

The advantage of COM are its “ and “ a. Compact size; speed readability b. Compact size, speed c. Readability; speed d. Low cost; readability

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The primary advantage of automatic vending as a form of retailing is that : 1. it provides continuous service to customers 2. it eliminates the need for sales personnel 3. vending machines require little maintenance 4. it offers low cost, personal method of selling 5. none of these

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Last Answer : it eliminates the need for sales personnel

______________________ has the advantage of being high in selectivity, low cost, immediacy, and interactive capabilities. 1. Direct mail 2. Outdoor 3. Online 4. Radio 5. None of these

Description : ______________________ has the advantage of being high in selectivity, low cost, immediacy, and interactive capabilities. 1. Direct mail 2. Outdoor 3. Online 4. Radio 5. None of these

Last Answer : Online

The main advantage of online advertisement is __________. a. Low-cost promotional strategy b. Online advertising is promotional as well as informational c. Trackable d. All of the above

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Which of the following is not an advantage of hybrid vehicles. 1) Environmentally friendly. 2) Initial cost is low. 3) Better mileage. 4) Higher energy conservation.

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Last Answer : 2) Initial cost is low.

The advantage of cables over overhead transmission lines is (a) easy maintenance (b) low cost (c) can be used in congested areas (d) can be used in high voltage circuits

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Last Answer : (c) can be used in congested areas