BA10-Mod5Lect8 Notes - Module 5 Lecture 8 5/4 Global...

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Module 5 Lecture 8 5/4 Global Business & Entrepreneurship Questions TEST Q : If a supplier sells goods and they are not “FOB” what is the alternative called? A. customer-pays-pricing B. delivered pricing C. freight-paid pricing D. none of the above Which of the following is not usually considered under the stakeholder model of corporate social responsibility? A. shareholders B. workers C. students D. the environment Small Business Definition Most people consider businesses with less than 100 employ ees “small” Small Business and the US Business “Ecosystem” US business environment is one of the easiest places to start a business Graphs from Textbook Types of Businesses o 74% sole proprietorships o 7% partnerships o 19% corporations Sales Revenue o 5% sole proprietorships o 5% partnerships o 90% corporations Lots of People purchase something that is a growing concern Ex. Auntie and Uncle buy dry cleaner’s, purchase existing business Franchising examples: Subway, Mail Boxes etc. (owned by UPS)
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