The feasibility of targeting a particular market segment can be negatively impacted by various factors. Which of the following is not of those factors?
A) regulatory hurdles.
B) cultural barriers.
C) lack of distribution system.
D) time required to establish business.
E) surplus demand.
E
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Winters, Inc, pays its managers a bonus consisting of 7% of net income (income after deduction of both bonus and income taxes). The company's income tax rate is 20%. Income for the current year is $600,000. How much bonus would be paid for the current year (rounded to whole dollars)?
a. $42,000 b. $33,600 c. $31,818 d. $31,248
According to the 2015/16 Global Entrepreneurship Monitor report, it is estimated that there are ______ entrepreneurs worldwide.
A. 4 million B. 40 million C. 400 million D. 4 billion
Factors influencing personal moral philosophy and ethical behavior include societal culture and norms, business culture and industry practices, and ________.
A. the universal concept of good vs. evil B. national and regional legislation C. religious beliefs and practices D. universal core values E. corporate culture and expectations
Barry's Sport Shop calls Champion Tee Shirt Company to order 200 designer tee shirts at $2 per shirt. The next day, Barry decides he can easily sell 100 more. Before the order is filled, he calls to change the order to 300 tee shirts. Champion sends 200 . Can Barry force Champion to send the additional 100?
a. No, because there is no consideration for the extra 100 shirts. b. No, because Barry does not have a writing signed by Champion Tee Shirts. c. Yes, because this is a subsequent modification of the original contract. d. Yes, because Champion Tee Shirts is a merchant within the meaning of Article 2 of the UCC.