BUS101 Economics terms (busi,econ) 89

BUS101 Economics terms (busi,econ) 89 - C get more respect...

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C. get more respect from their bosses. D. have more job security and better fringe benefits. Definition C. get more respect from their bosses. Term (p. 167) A new business that sets up a(n) _____________ from the start is saving itself time and grief later. A. angel investment network B. good accounting system C. detailed supplier network D. vertical marketing system Definition B. good accounting system Term (p. 167-168) Small businesses must seek advice from outside experts. In order to put together official documents such as leases, contracts, and partnership agreements, it is important to seek the advice of __________. A. a friend who has already started a business
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Unformatted text preview: B. a competitor in a similar business C. an attorney D. a marketing expert Definition C. an attorney Term (p. 168) A(n) ____________ is a valuable source of information regarding tech-niques to reduce a firm's exposure to risk. A. insurance agent B. accountant C. liability assessor D. union business agent Definition A. insurance agent Term (p. 168) Similar to how large businesses proceed, small businesses make market-ing decisions ______________. A. after the product or service is developed B. before the business is funded C. at the same time that they hire employees, research for an accountant, and...
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