Question 1 1 out of 1 points Which of the following statements is true of a business plan? Selected Answer:It should establish a strategy for acquiring sufficient funds to keep a business going.Answers:It does not have to be revised periodically.It should establish a strategy for acquiring sufficient funds to keep a business going.It is created to limit a business's flexibility and decision-making ability.Small businesses do not need a business plan.Every business needs to mandatorily maintain a business plan as per government regulations. Question 21 out of 1 pointsVernon runs Buzz, his own event management company, which frequently organizes large corporate events. He has built a good reputation for organizing corporate events with a fair degree of professionalism at reasonable costs. He works out of his old house with a staff of about 55 employees. Vernon's company can be categorized as a: Question 3 1 out of 1 points Which of the following is true of the demographic group Generation Y or millennials?
Question 41 out of 1 pointsA license to sell another's products or to use another's name in business, or both, is called a _____. Question 51 out of 1 pointsOne of the most significant drawbacks of small businesses is their inability to innovate and to bring significant benefits to customers. Selected Answer:FalseAnswers:TrueFalse Question 6 1 out of 1 points
Which of the following is an implication of technological advances to small businesses?
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- Fall '16
- carey winset