After working hard and facing enormous risks, many entrepreneurs sell their business to realize a substantial profit
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Some people develop businesses with the intention of creating a valuable enterprise that can be sold for a healthy return on their investment. Creating wealth is a primary driver for business.
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Answer the following statements true (T) or false (F)
1. One of the ways that nonprofit organizations differ from for-profit corporations is their type of stakeholders. 2. One source of nonprofit management literature comes from academics at universities. 3. Nonprofit organizations are less well managed than businesses. 4. The beginning of management as a field of study dates approximately to the late 19th century. 5. Most small businesses fail within the first 2 years of business.
Ursula buys a Verismooth boat from a Watercraft store, which agrees to keep the boat for Ursula until she picks it up. Before Ursula gets the boat, an unforeseen tornado destroys the store and the boat. The loss of the boat is suffered by A) Ursula
B) Verismooth. C) Watercraft. D) the government agency that failed to foresee the tornado.
One fact that makes the confidentiality rules more difficult to apply to the corporate context is that corporations consist of _________________
Fill in the blank(s) with the appropriate word(s).
In order to determine the human information requirements using a decision analysis strategy, what must the systems analyst determine?
A) necessary data B) objectives C) information D) data structure