Ask Question
BusinessBusiness
11 May, 04:32

Tobin starts a catering company of his own and earns a substantial profit in the first year itself. His total earnings are more than what he used to earn as a salaried person. Which of the following advantages of entrepreneurship is highlighted in the given scenario?

+4
Answers (1)
  1. 11 May, 06:36
    0
    The correct answer is: greater financial success.

    Explanation:

    Entrepreneurship brings many advantages to individuals who decide to go on with their ventures. Personal freedom, working at your own schedule, being your own boss, total control over decisions, and greater income are some of them. The disadvantage relies on the fact that all the responsibility relies on one person and working hours are likely to increase.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Tobin starts a catering company of his own and earns a substantial profit in the first year itself. His total earnings are more than what ...” 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
The following data were accumulated for use in reconciling the bank account of Mathers Co. for July: 1. Cash balance according to the company's records at July 31, $32,110. 2. Cash balance according to the bank statement at July 31, $31,350. 3.
Answers (1)
Prior to investing, you should
Answers (1)
Roman catholics are clustered in the u. s. southwest primarily because of migration of
Answers (1)
In order to continue operating, in the long-run a firm must a. Charge a price equal to its AVC b. Charge a price equal to its AFC c. Charge a price equal to its AC d. None of the above
Answers (1)
When a petty cash fund is in use: a. Petty Cash is credited when funds are replenished. b. Petty Cash is debited when funds are replenished. c. expenses are not recorded. d. expenses paid with petty cash are recorded when the fund is replenished.
Answers (1)
New Questions in Business
If you are in sydney, australia, and plan to attend a web conference being held at 10:00am us pacific daylight time (pdt) on 29 may 2012, at what local time do you need to log in?
Answers (1)
Lake Charles Seafood makes 550 wooden packing boxes for fresh seafood per day, working in two 10-hour shifts. Due to increased demand, plant managers have decided to operate three 8-hour shifts per day instead.
Answers (1)
In 2017, in a speech in China, Apple CEO Tim Cook stated that globalization is "great for the world ... I think the reality is you can see that countries in the world ... that isolate themselves, it's not good for their people.
Answers (1)
A demand curve that is horizontal indicates that the commodity
Answers (1)
An individual who make and sell goods and services are?
Answers (1)
Home » Business » Tobin starts a catering company of his own and earns a substantial profit in the first year itself. His total earnings are more than what he used to earn as a salaried person.
Sign Up Forgot Password?