Business Questions

The form of business organization that accounts for almost 85% of all sales revenues in the US is the

Which model of business ethics says that society will be most benefited when a business is left alone to produce and market products that society needs.

What was the earliest form of American business systems

Grouping resources and activities to accomplish a goal is called whatOrganizing PlanningMotivating Leading

All of the following are disadvantages that Sean should consider before entering a general partnership agreement with his cousin exceptLack of continuityThe inability to get out the money he investDouble taxationUnlimited liability

Products that are made or grown abroad but sold in the United States are called what

Suppose that Dian plans to open a new, deluxe hamburger bar near your college. Her business plan most likely would not include which of the following?

Hey successful entrepreneur will usually have all of the following qualities except what

Which of the following plans is the most specific to a goalTactical plans Operational plans Organizational plans Strategic plans

A carefully constructed guide for the person starting a business is a

Which of the following has the highest level of international involvement

If a country imports the same value of goods it exports it would have what

Cindy compiles a business plan for a business she hopes to start. This plan should answer all of the following questions except what?How much will the new business costWhat is the nature in mission of the businessWhy is this new business a good ideaHow often will the business have a sale

What is the primary disadvantage of both a sole proprietor ship and a partnership that a corporation overcomes

The simplest form of business owned and operated by one person is called

Situation is that, if exploited, could produce rewards for an organization are called what?

Laura wants to start a business but she is unsure of the legal form best for her. Short of cash she has decided to take the form that is the least expensive and most flexible in terms of decision making and implementation. Which would you recommend?

All of the following are advantages of the partnership form of organization exceptCombined skills and knowledgeRetention of profitsBetter access to capital and creditUnlimited liability

Capital, land, labor, and entrepreneurship are the four factors of production.

If a US business is operating in another country they are not required to follow the laws of that country for business. They are only required to follow the laws of the US when doing business.