When an investor is not interested in owning their own business, why do they need to understand entrepreneurship?

To assess the market potential for up-and-coming businesses

Explanation:

Knowledge in entrepreneurship will give you to ability to understand a couple of things:

- The types of products that currently desired by the market.

- The strength and weaknesses of several business models

- The knowledge on how to scale business operations

Even though investors do not own their own business, understanding all this will help them understand which companies are most likely to succeed. They can put their investments on those companies and maximize the amount of return that they can get from their investment.

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o

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