A sole proprietorship is a form of business ownership in which:
A. the company is considered a legal entity that is separate from its owners.
B. a single owner actively manages the company.
C. two or more people act as co-owners of the company.
D. the owners of the business are offered limited liability and flexible tax treatment.
Answer: B
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Element Electronics decided to locate TV production in America instead of abroad. What influenced this decision?
a. Element Electronics wanted to capitalize off the successful television manufacturing industry in the U.S. b. Element Electronics wanted to create quality manufacturing jobs in the U.S. c. Element Electronics wanted to cut back on labor costs by locating their factory in Detroit. d. Element Electronics wanted to reduce the number of television parts they imported.
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A. interested; unhappy with B. already knowledgeable; interested C. the target of; the recipient D. capable; interested
________ includes sales presentations, trade shows, and incentive programs
A) Direct marketing B) Sales promotion C) Personal selling D) Public relations E) Advertising