« previous next »

Author Question: Tanika is planning to open a consulting practice based in a shared office facility. Her monthly ... (Read 21 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
on: Jul 6, 2018
Tanika is planning to open a consulting practice based in a shared office facility. Her monthly fixed costs will total 2,500 plus she must earn at least 7,500 per month to replace her salary and benefits.
 
  She plans to charge 65 per hour for her consulting services and will have direct costs of 15 per hour for a gross profit of 50 per hour. How many hours of consulting must she bill per month?
  A) 200 hours
  B) 50 hours
  C) 150 hours
  D) None of the above

Question 2

What is the Business Model Canvas?
 
  What will be an ideal response?
Entrepreneurship and Small Business Management ¦ Mariotti, Glackin ¦ 2nd Edition
Buy Test-Bank


brittanywood

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jul 6, 2018
Answer to Question 1

A

Answer to Question 2

A business model is a company's plan to generate revenue and make a profit from operations. The Business Model Canvas is a visual representation of the critical components, and creating it compels the would be entrepreneur to think through many facets of the business.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Office Space Office Space
Prevention programs for school based violence Prevention programs for school based violence
An extended care facility. An extended care facility.
Respirator decision logic based on the EPA method. It is very important to know when to use supplied ... Respirator decision logic based on the EPA method. It is very important to know when to use supplied ...
Centromere locations and the chromosome designations that are based on them Centromere locations and the chromosome designations that are based on them
Genome-wide SNP-based heritability for individual behavioral disorders Genome-wide SNP-based heritability for individual behavioral disorders
Video: The Lagging Strand in DNA Replication and Replication in Action

For a complete list of videos, visit our video library