Question 141 out of 1 pointsAndrew, a pharmacist, realized that he should stock extra supplies of a particular medicine to respond to an outbreak of a particular infection in the city. Lacking sufficient capital to purchase the extra inventory, he borrowed a predetermined sum of money from his bank.Which of the following sources of funding does this scenario best illustrate? Selected Answer:Line of creditAnswers:Equity financingTrade creditLine of creditInitial public offeringVenture capital Question 151 out of 1 pointsWhich of the following statements accurately brings out the differencebetween franchising and building an independent business from scratch?
Question 161 out of 1 points_____ is the process of creating and managing a business to achieve desired objectives. Question 171 out of 1 pointsIf a small business has to cope with growth, it requires the owner to:
Question 181 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:business planarticle of partnershipbusiness agreementarticle of incorporationpromissory note Question 19 1 out of 1 points Which of the following is one of the commonly reported disadvantagesof franchising?
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- Fall '16
- carey winset
- Business, Management