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Question
An entrepreneurial team consists of the owner, the financier, and one key employee.
a. True
b. False
Answer
This answer is hidden. It contains 5 characters.
Related questions
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Individual processes that ultimately give meaning to stimuli that confront consumers are known as
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b. motivations.
c. attitudes.
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A small business can facilitate the orientation process by providing an employee handbook, which outlines the company's practices and procedures.
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Small firms need to identify their distinctive advantages if they are to recruit outstanding prospects successfully.
a. True
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The purpose of job instruction training is to help supervisors eliminate employees who are weak hires.
a. True
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Lindas high standards and expectations of employee excellence is typical of ____ leaders.
a. team builder
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Margaret has launched a new event planning company with four employees. With the growth in sales and personnel, the next step of growth will involve
a. increased direct supervision.
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Marvin has just launched a consulting business. Business has been slower than expected. What advice would you give Marvin?
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The motivation to take domestic products to foreign markets is more relevant today than in the past.
a. True
b. False
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Increasingly, small firms find that they must locate their operations abroad if they are to keep their contracts as suppliers to large companies.
a. True
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A cross-border acquisition is less demanding than a greenfield venture.
a. True
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Dustin had contracts for web designs in Japan and France and therefore has decided to start a business. The company will be reaching an international market strictly through online operations. Based on this type of global business, what organizations could offer advice to make this business feasible?
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Selling products produced in another country to buyers in the home country
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Interacting online with other users who share common interests
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A word, phrase, or image that a user may click on to go to another part of a document or website or to a new document or website
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When a stock sale is restricted to private placement, an entrepreneur can avoid many of the demanding requirements of the securities laws.
a. True
b. False
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Cameron has applied for a loan to expand his young business. When bankers look for evidence of whether he will be able to repay a loan, they usually base their assessment on
a. what Camerons firm has done in the past.
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Qualified small businesses that cannot obtain business loans through normal lending channels can get loans directly from the SBA through its 7(a) Loan Guaranty Program.
a. True
b. False
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The percentage-of-sales technique is an effective method for a new company to estimate asset requirements because asset-to-liabilities ratios tend to be relatively constant within an industry.
a. True
b. False
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For Webster to understand how his company performed during calendar year 2012, he must begin with firms financial position on:
a. January 1, 2012.
b. July 1, 2013.
c. September 30, 2010.
d. June 30, 2011.
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Depreciation is the cost of a firms land and building allocated over its useful life.
a. True
b. False
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Liquidity represents the degree to which a firm can meet maturing short-term debt obligations with available working capital.
a. True
b. False
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Partners always share profits and losses equally.
a. True
b. False
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There are no limits on the owner's personal liability in a sole proprietorship.
a. True
b. False
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Partners must contribute capital or assets to form a partnership.
a. True
b. False
Q:
Incorporation will not protect a firms owners from liability if it is used to perpetrate a fraud, skirt a law, or commit some wrongful act.
a. True
b. False