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Nezavi [6.7K]
3 years ago
10

William is thinking about raising funding for his new business. To get advice on how to proceed, he stopped by his local Small B

usiness Administration (SBA) office. The SBA adviser told William that one of the first things he needs to do is write a 25 to 35 page narrative that describes what his new business plans to accomplish and how it plans to accomplish it. The SBA adviser is telling William to write a(n) ___________.
Business
1 answer:
MakcuM [25]3 years ago
5 0

Answer:

<em>business plan</em>

Explanation:

A business plan <em>is a written overview of the future of your business, a document that shows you what to do and how to do it.</em>

When you write down a section outlining your business strategy on the back of an envelope, you've written a plan or at least one's gem.

Business plans are strategic intrinsically.

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goldenfox [79]

Option (a) is the best choice. Interest groups pay lobbyists to serve as their representatives.

<h3>What does interest group lobbying entail?</h3>

The act of lobbying is the direct approach taken by a lobbyist to influence public figures to promote the agenda of their clientele. The National Rifle Association is an illustrative lobbying organization. Interest groups are associations of people who get together for the purpose of influencing the government.

<h3>Why would a lobbyist be employed by an interest group?</h3>

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James company is paid $6,000 in dividends from mark corp. on its equity investment. james lacks significant influence over mark
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5 0
1 year ago
ATech has fixed costs of $7 million and profits of $4 million. Its competitor, ZTech, is roughly the same size and this year ear
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Answer:

a. ZTech will have a higher operating leverage because it has a higher fixed cost.

b. ZTech will have a higher profit since it has a higher operating leverage if the economy strengthens.

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Operating leverage measures the the extent to which a firm uses fixed cost to finance its operations. The higher the fixed cost, the higher the degree of operating leverage

If the economy strengthens, the firm with a higher degree of operating leverage earns a higher profit.

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