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When Suzanne Pogell Wanted to Learn to Sail,she Could Find

question 110

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When Suzanne Pogell wanted to learn to sail,she could find no one to teach her because men were the ones who sailed,and women were their crew. She finally did convince someone to teach her to sail,and after mastering sailing,she started an all-woman sailing school,called Womanship,as a sole proprietorship. By creating her own business,Pogell overcame a type of problem while creating a different version of the same problem. What type of problem was it?

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Definitions:

Consolidated Financial Statement

Financial statements that aggregate the financial position and operational results of a parent company and its subsidiaries.

Gross Profit

The financial result obtained after deducting the cost of goods sold from total sales revenue.

Inventory Transfer

The movement of inventory between locations within the same company, often for purposes of optimization, sale, or production needs.

Consolidated Net Income

The total net income of a parent company and its subsidiaries after eliminating intercompany transactions and minority interests.

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