Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Mar 23, 2022

You are thinking of opening up a small business consulting company. What uncontrollable factors might affect your decision? Explain.

Step by Step Solution

★★★★★

3.35 Rating (158 Votes )

There are 3 Steps involved in it

Step: 1

Having started consulting as well as retail businesses in the past I think both can be challenging i... blur-text-image

Get Instant Access to Expert-Tailored 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

Managerial Accounting

Authors: Karen Wilken Braun, Wendy Tietz, Walter Harrison, Rhonda Pyp

1st Canadian Edition

978-0132490252, 132490250, 978-0176223311

More Books

Students also viewed these General Management questions

Question

★★★★★

What qualitative factors might affect your decision about which model to purchase?

Answered: 1 week ago

Question

★★★★★

You are thinking of opening a Broadway play, I Love You, Youre Mediocre, Now Get Better! It will cost $5 million to develop the show. There are 8 shows per week, and you project the show will run for...

Answered: 1 week ago

Question

★★★★★

You are thinking of opening a copy shop. It costs $8000 to rent a copier for a year. It costs 0.023 per copy to operate the copier. Other fixed costs of running the store amount to $600 per month....

Answered: 1 week ago

Question

★★★★★

State with reasons, whether the following statements are true or false : (i) Overhauling expenses for the engine of motor car to get better fuel efficiency is revenue expenditure. (ii) Depreciation...

Answered: 1 week ago

Question

★★★★★

Each of the following tables lists certain values of x and their probabilities. Verify whether or not each represents a valid probability distribution and explain why. a. x P(x) 0.... .10 1.... .05...

Answered: 1 week ago

Question

★★★★★

When negative real shocks hit, what typically happens to the aggregate demand curve? Does it shift left, shift right, or stay in the same place? : lop1

Answered: 1 week ago

Question

★★★★★

What is the formula for computing a Pearson residual?

Answered: 1 week ago

Question

★★★★★

Alberton Electronics makes inexpensive GPS navigation devices and uses a normal cost system that applies overhead based on machine hours. The following 2010 budgeted data are available: Variable...

Answered: 1 week ago

Question

★★★★★

How should an instructional designer go about selecting appropriate assessment strategies for different learning contexts and situations? Given that students are often more engaged when they are...

Answered: 1 week ago

Question

★★★★★

Ashton and Melody Webb are a married couple in their mid-20s. Ashton has a good start as an electrical engineer and Melody works as a sales representative. Since their marriage four years ago, Ashton...

Answered: 1 week ago

Question

★★★★★

2. (32 points) You are interested in the average score on Statistics final exams. The final exam has two types of questions, each with a different probability a student will get the question...

Answered: 1 week ago

Question

★★★★★

Given the estimated regression equation E(Y) = 30 + 2(x1) - 3(x2) + 10(x1x2) where x1= age and x2-gender (0 is female, 1 otherwise) what is the estimated value of Y when x1= 30 and x2-female? 90 387...

Answered: 1 week ago

Question

★★★★★

Consider a call center for software support: - 3 representatives answer phones (each can handle all types of calls) - Calls arrive according to a Poisson process. On average, there are 20 calls per...

Answered: 1 week ago

Question

★★★★★

We've done 50% of the work on a $290K budgeted project. Our project has spent $180K so far. a. What is the EV? b.EAC c.ETC

Answered: 1 week ago

Question

★★★★★

What is Extreme Project Management (XPM) and how this approach different from traditional project management (TPM) approaches? How would you determine if this is right approach for your project? How...

Answered: 1 week ago

Question

★★★★★

3. Assume you are ready to close the sale on a premium suite for a corporation. Create a sales dialogue between you and the decision-maker that results in a successful sale using the following...

Answered: 1 week ago

Question

★★★★★

1. Suppose that consumption is also affected by the real interest rate: If Rt is higher than the long-run marginal product of capital, r, which also equals the long-run interest rate, then consumers...

Answered: 1 week ago

Question

★★★★★

The Taylor's series expansion for cosx about x = 0 is given by: where x is in radians. Write a user-defined function that determines cosx using Taylor's series expansion. For function name and...

Answered: 1 week ago

Question

★★★★★

Classify each of the following costs as relevant or irrelevant to the decision at hand and briefly explain your reason. a. Cost of barcode scanners purchased six months ago when deciding whether to...

Answered: 1 week ago

Question

★★★★★

Research the cost of each model (includes taxes and title costs). Also, obtain an estimate of the kilometers per litre (kpL) fuel efficiency of each model.

Answered: 1 week ago

Question

★★★★★

Classify each of the following costs as a direct cost or an indirect cost assuming the cost object is the Produce Department (fruit and vegetable department) of a local grocery store. a. Produce...

Answered: 1 week ago

Question

★★★★★

a. Suppose we ignore the fpc of a model-based estimator. Find b. Prove (5.36). Then

Answered: 1 week ago

Question

★★★★★

Suppose that the Mis are unequal and Model M1 holds. The budget allows you to take a total of L measurements on subunits. Show that the variance in (5.36) is minimized for r when mi is proportional...

Answered: 1 week ago

Question

★★★★★

An inspector samples cans from a truckload of canned creamed corn to estimate the total number of worm fragments in the truckload. The truck has 580 cases; each case contains 24 cans. The inspector...

Answered: 1 week ago

Previous Question Next Question