Preparation for a career
What is the major difference between a corporation, a partnership, and a sole proprietorship?
The significant difference that tears the three criteria of formation and the operation that there is a maximum number of members required in each of the units for it to operate appropriately.
What is an entrepreneur
An entrepreneur is a person that can generate a unique business idea and capitalizes on it without minding what might happen next.
What personal traits should a person asses before developing a career plan?
One should analyze the things that one is good at, which becomes his/her strengths is the career of choice.it is wise to know the weaknesses which might act as a limiting factor in the career of choice. Prior knowledge of the two helps one to be in a better position to work on them, thus becoming better in future ventures.
Six workplace skills that one may need to perform the duties better Don't use plagiarised sources.Get your custom essay just from $11/page
Integrity
Time conscious
Teamwork
Decision-making skills
Governance skills
Trustworthy
Name at least two student vthat can help technology students prepare for a career.
Technology students association
Junior achievement association
What is the purpose of a business plan?
A business plan is an essential document since it helps the business in the acquisition of funds from the financial institution and contains essential information that is useful in decision making by the business.
Why do most school-based companies rely on mentors?
Mentors are of great essence since they help in providing crucial knowledge that helps to improve the activities in the companies. Besides, they help the companies in financial planning as well as matters of public relations.
What is the difference between debt and equity?
Equity refers to the total assets that the business has, whereas debt refers to the total money that is borrowed by the business; thus, debt refers to the liability while equity is the asset.
What is breakeven point and how is it important
The breakeven point is the situation whereby there is no profit made due to the insolvency of the business. This means that the revenue and the expenses are the same, which means that the business is operating at a loss. It acts as a basis for decision making in business to bring the business to being solvent.
What skills do successful customers services representatives have?
They respond on time, which brings about the aspect of reliability.
They have excellent communication skills, which make the customers to be contented thus refer new clients to the company.
They are well conversant with the activities that take place in the company, which makes them give satisfactory responses to the customers.
They have excellent listening skills, which make them understand the information given by the customers and act accordingly.
They have functional problem-solving skills, which makes that any issue that arises is contained as expected.
They exhibit positivity in that even if an issue cannot be solved at that particular time, and there is an assurance that the problem will be solved in the long run.