Eve and her three college friends enjoy perfumes. As a special gift to each of them last holiday season, she found a way to make scented candles with each friend's favorite perfume scent. The three friends loved her gift idea and encouraged Eve to create more and sell them online. Recently, she is filling orders from her website, and turning a profit. Eve is proof that: A. me-too businesses work. B. when you successfully fill a market need, you can make money. C. the Internet is a way to distribute just about anything. D. the cost of supplies to make candles is relatively cheap. In order to stay competitive, entrepreneurs must find a market niche-something the market needs.
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Eve and her three college friends enjoy perfumes. As a special gift to each of them last holiday season, she found a way to make scented ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
In 2018, X Company sold 6,800 units of its only product for $36.10 each. Unit costs were as follows: Variable manufacturing $14.50 Fixed manufacturing 2.35 Variable selling 5.11 Fixed selling 2.63 Total 24.
Answers (1)
The prisoners' dilemma game a. is a situation in which two players both have dominant strategies which lead to the highest total payoff for the two players. b.
Answers (1)
Red Sun Rising just paid a dividend of $2.19 per share. The company said that it will increase the dividend by 15 percent and 10 over the next two years, respectively. After that, the company is expected to increase its annual dividend at 3.
Answers (1)
Conglomerate investments usually are rated as low risk because foreign governments see them as providing fewer benefits to a multinational company and greater benefits to the country than other investments. True or false?
Answers (1)
At the beginning of the year, managers at King Industries estimated $400,000 in manufacturing overhead, 20,000 direct labor hours, and 30,000 machine hours. Actual manufacturing costs at the end of the year were $425,000 in manufacturing overhead.
Answers (1)
New Questions in Business
Mr. Jones is a single person who makes $45,000 in 2019. This year she paid $2,000 in student loan interest and $3,600 to her 401 (k) plan at work. Calculate the following a. Adjusted Gross Income. b.
Answers (1)
Middleton Corporation uses the normal costing system to determine the amount of overhead to be applied to production. The predetermined overhead rate for 2018 was $32.40 per DLH. Middleton estimated the annual activity level to be 7,500 DLHs.
Answers (1)
A student organization has been given permission to operate a pizza stand during the upcoming homecoming weekend. the stand will be located just outside the football stadium, making it accessible during the game.
Answers (1)
It ONLY makes sense to implement an ABC system when: A. ABC provides information to make better decisions. B. Its benefits exceed implementation costs. C. ABC traces more costs as direct costs. D.
Answers (1)
In your own words, describe the 3 functions of money.
Answers (1)