Prior to opening her new restaurant, Nia is determining what items to offer on the menu, the anticipated profits and expenses, the tasks of various employees, and how those jobs will be handled. Nia is creating her
A. business model.
B. mentoring plan.
C. code of ethics.
D. risk statement.
E. code of business.
A. business model.
The business model outlines the need the firm will fill, the operations of the business, its components and functions, and the expected revenues and expenses.
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Masterview, Inc purchased a new computer system, which included some computer programs. When Masterview developed financial troubles, two competing creditors of Masterview claimed the right to repossess the computer system and the programs. The UCC distinguishes "software" from "goods" and treats them differently for some purposes, which would be important in this situation
a. True b. False Indicate whether the statement is true or false
Delicious Coffee Company hires Elton to sell Delicious's products in a certain area. Delicious agrees to pay Elton a salary, plus commission, for a trial period. They also agree that Elton can sell using any methods and during any hours that seem appropriate. The key factor in whether Elton is Delicious's employee is
A. the amount of Elton's salary. B. the control Delicious has over the details of the work. C. the length of the trial period. D. the title that designates Elton's position.
AMF Systems uses certain standards to judge the rightness or wrongness of its business's and its personnel's relations to others. These standards are called ________.
A. normative ethics B. personal ethics C. consumer ethics D. business ethics
The first step in the marketing research process is to:
A. specify the sampling plan B. collect the data C. analyze the marketplace D. plan the research design E. identify and formulate the problem/opportunity to be studied