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Alla [95]
3 years ago
11

1. Jim is beginning his research on franchise businesses in order to find one that meets his needsA quick, easy way get general

information is to
A. call the corporate headquarters
B. ask a local franchise owner
C.look up Internet sites
D. check the Yellow Pages


2.Your beachside inn will be ready to open next spring. To get in on the summer tourist trade, it will be necessary to
A. establish a strong Web presence.
B. give it an unforgettable name.
C. advertise heavily in local newspapers. D. offer bargain rates at first.

3. 3. Once you've chosen your business and focused on your niche, the next step is to
A. establish a Web presence .
B. research the amount of capital you'll need.
C. write your business plan
D. research the best location for your shop

4.A company owned by the shareholders and based on a charter is a
A. partnership.
B. small business.
C. corporation.
D. service organization.

To find out as much as you can about the market for your potential business, be sure to talk to
A. potential customers.
B. anyone who may compete with you locally.
C. potential employees.
D. the local bookstore owner

6. An Internet search for Information about franchise businesses will not help you find out
A. the variety of franchise businesses available.
B. support you'll receive from the parent corporation
C. the number of hours you'll have to put in
D. start- up costs.

7. One of the disadvantages of a sole proprietorship is
A. lack of control for you
B. danger to your personal assets.
C. high start-up costs .
D. large claims on profits.

8. Ultimately , to be successful , a business must
A. make you happy .
B. fulfill a commercial need .
C. make a profit
D. provide a service .

9. Ricardo sure he has what it takes to succeed in the food business, but because he lacks management experience, he wants one that will provide the most training and support. Which of these possibilities would be his best choice?
A. Subway
B. Old MacDonald's Bed and Breakfast
C. Ricardo's Café
D. Fuzzy's Tavem

10. The overwhelming majority of existing businesses are
A. sole proprietorships .
B. partnerships
C. corporations
D. close corporations .

11. All of the following phrases describe a partnership except
A. shared responsibility for decisions .
B. the involvement of up to 20 partners.
C. low start-up costs.
D. high protection for your personal assets.


12. Amy, Jan, and Beth have decided to combine their talents in a business partnership. One of the benefits they'll have over a sole ownership is
A. shared resources
B. less paperwork
C. greater individual authority
D. less personal financial liability

13. With their flooring business now eight months old, Jesse and Ed readily admit that con in their partnership
A. accurate record keeping
B. legal liability
C. raising capital
D. shared decision making


14. Gary and Wilma Johnson plan to open a bus tour business, taking people from their sites along the East Coast. Tours will include bus fare, hotel accommodations, breakfast, and admission to the sitesWhat aspect of their research might they want to pay special attention to
A. Pasi trends
B. margin
C. Inventory
D. Computer software


15. The servers at Gerry Frasier's busy cream shop decided that putting more cream in the sundaes and cones would bring back more customers. After three months, Gerry was surprised to discover that his profit had
A. literally been "eaten up"
B. dropped , along with his costs.
C. Increased by more than 10 percent
D. increased , although sales dropped


16.Which one of the following may be the least valuable source of advice when you're researching the market for your new business?
A. Other business owners with similar businesses
B. Online attorneys who offer Web site service
C. Local attomeys who specialize in business law.
D. Small Business Administration


17. Ben and Alison have decided to turn their large farmhouse into a bed -and- breakfast business. One of the benefits they're likely to enjoy is
A. relaxing days at home
B. high ratings by national organizations. C. keeping their day jobs
D. a profit margin of 15-20 percent


18. Steve Burton recently sold the bookstore he inherited from his mother because his income had fallen three years in a row. The new owner installed a coffee machine, redecorated the children's corner, chats with her customers, and remembers their preferences. She reports a 43 percent increase in sales over Steve's last year. The change is most likely due to
A. a general upswing in the retail book business
B. more advertising
C. the owner's personality
D. beginner's luck


19. Which one of the following types of businesses has the least amount of personal liability?
A. Partnership
B. Close corporation
C. Sole proprietorship
D. Corporation


20.Liz planned on opening a handmade quilt business in her hometown. However after completing alan decided to start with an online business.
A. registration
B. market survey
C. advertising campaign
D. course in design
Business
1 answer:
zysi [14]3 years ago
5 0

ok there are way to much questions can you simplify this question just by a little bit

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Macroeconomics is the branch of economics which deals with largescale or general economic factors like interest rates and national productivity. The correct answer is Macroeconomics.

<h3><u>What does Macroeconomics deal with?</u></h3>
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Harry's competitive math team has been ranked the number one team for the past 40 days. His team competes in a math competition
Ray Of Light [21]

Answer:

Answer for the question:

Harry's competitive math team has been ranked the number one team for the past 40 days. His team competes in a math competition at least once per day and competes in no more than 60 competitions in these 40 days. Show that there is some day $i$ and some day $j$ such that between $i$ and $j$, exactly 19 matches have been played.

is given in the attachment.

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A company enforces its ethical codes and policies by rewarding ethical behavior and punishing misconduct. Each month, the most e
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Answer:

The rewards and punishment serve the purpose of motivating the employees.

Explanation: First of all, we must establish that companies should have set guidelines or principles on which they operate, especially when it comes to ethics and acceptable workplace behavior.

Secondly, we must acknowledge the fact that there is always a reward or consequence for our actions. Especially in the workplace where employees are constantly monitored.

Now, based on the Theory X of management that was developed by Douglas McGregor, which basically states that employees are unmotivated and unwilling to work, and as a result of this, they need to be constantly prompted, rewarded or punished to make sure that they complete their tasks.

So to answer the question, the rewards and punishments serve the purpose of motivating the employees to be of good conduct in the workplace, because if this is not done, bad behavior might spread throughout the company and this will cause further problems.

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Answer:

Employees,Governments,Local communities,customer

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In 2017, Orear Manufacturing signed a contract with a supplier to purchase raw materials in 2018 for $700,000. Before the Decemb
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Answer:

d) as a current liability

Explanation:

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The credit against the purchase of inventory is classified as the trade payable and it is paid in a short time, so it will be reported on the balance sheet in current liability section.

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