Question 7 1 out of 1 points A is best described as any independently owned and

Question 7 1 out of 1 points a is best described as

This preview shows page 3 - 7 out of 11 pages.

Question 71 out of 1 pointsA _____ is best described as any independently owned and operated business that is not dominant in its competitive area and does not employ more than 500 people. Selected Answer:small businessAnswers:limited liability companysmall businesspublicly traded companyconglomeratepublicly owned business Question 81 out of 1 points_____ is a volunteer agency funded by the Small Business Administration to provide advice for owners of small firms.
Image of page 3
Question 91 out of 1 points_____ is the process of creating and managing a business to achieve desired objectives. Question 101 out of 1 pointsA small business is any independently owned business that employs not more than _____ people.
Image of page 4
Question 111 out of 1 pointsA precise statement of the rationale for a business and a step-by-step explanation of how it will achieve its goals is known as a(n) _____. Selected Answer:business planAnswers:article of partnershippromissory notearticle of incorporationbusiness agreementbusiness plan Question 121 out of 1 pointsWhich of the following is a drawback of obtaining money from venture capitalists to start a small business?
Image of page 5
Question 13 1 out of 1 points Which of the following statements is true of downsizing?
Image of page 6
Image of page 7

You've reached the end of your free preview.

Want to read all 11 pages?

  • Fall '16
  • carey winset
  • Business

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture