Description
7.08 marketing
1. For this assignment, choose a type of company that you could imagine yourself starting. Describe the type of company. (1-4 sentences. 1.0 points)
2. Describe at least two sources you would use for funding your company. (1-2 sentences. 2.0 points)
3. Would you rather fund your company using mostly debt funding, or mostly equity funding? Why? (1-5 sentences. 3.0 points)
4. Make a list of at least 3 startup costs this company would have. (Complete sentences are not necessary. 3.0 points)
5. Will your company use cash-basis or accrual-basis accounting? Explain why. (1-3 sentences. 2.0 points)
6. Will you use single-entry bookkeeping or double-entry bookkeeping? Explain why. (1-3 sentences. 3.0 points)
7. List at least 3 risks your company will face, and explain how you will manage those risks. (1-6 sentences. 6.0 points)
2.05
1. What is scarcity? (1.0 points)
2. What is an economy? (1.0 points)
3. What is a commodity? (1.0 points)
4. What is a producer? (0.5 points)
5. What is a consumer? (0.5 points)
6. What is a good? (0.5 points)
7. What is a service? (0.5 points)
Lesson 2 (5.0 points)
1. What is the difference between the public sector and the private sector? (1.0 points)
2. What is a market economy regulated by? (1.0 points)
3. What is a planned economy regulated by? (1.0 points)
4. What is an entrepreneur? (1.0 points)
5. What is nonprice competition? (1.0 points)
Lesson 3 (5.0 points)
1. What are the factors of production? (1.0 points)
2. What does the Law of Supply say? (1.0 points)
3. What is the Law of Demand? (1.0 points)
4. If supply increases, what is likely to happen to the price? (0.5 points)
5. If demand increases, what is likely to happen to the price? (0.5 points)
6. What is elastic demand? (0.5 points)
7. What is inelastic demand? (0.5 points)
Explanation & Answer
Attached.
Running head: FILM PRODUCTION COMPANY
Film Production Company:
Name:
Institution Affiliation:
Date:
FILM PRODUCTION COMPANY
Filmmaking Company
Filmmaking is a production corporation dealing with film creation. This progression
involves a numeral of stages, commencing from the initial story, expenses, through
screenwriting, casting, and shooting, sound recording and facsimile, editing and broadcast the
finished productivity before the audience. Hence, results to film release and exposition. This
company caters to a large number of contexts; political, economic and social set up in any realm.
Sources of Funding
Saving and donations will be my source of financing. I will save much that will boost my
company also allow some donations to top up my savings. These will help me make significant
progress.
Funding
Equity funding will be my priority over debt funding. This type will see me add more
shares of common stock. With this tenure, the percentage will decrease. This financing will be
committed to my business fully and other intended projects that I will decide to make. And also
here investors will realize their investment if my business will flourish, with this I wi...
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