Small business owners are often guarded about their businesses, which leads to

a. distrust of others when formulating a strategic plan.
b. a myopic viewpoint.
c. misunderstanding of the economic environment.
d. lack of attention to the competition.


ANSWER: a

Business

You might also like to view...

Which of the following is universally found in corporate codes of conduct?

A. fiduciary principle B. citizenship principle C. fairness principle D. all of these

Business

Pattern, Inc enters into a contract to deliver 10,000 units of raw materials to Phoebus, Inc Pattern delivers the raw materials two days after the delivery date. Pattern offers to pay damages based on a clause in the contract

What type of damages is Pattern paying? A) liquidated B) compensatory C) punitive D) nominal

Business

Which of the following accounts is credited by the seller when tax is collected on retail sales?

A) Accounts Payable B) Payroll Tax C) Sales Tax Payable D) Unearned Revenue

Business

Cash flow is the difference between the flows of funds into and out of an organization over a period of time

Indicate whether the statement is true or false

Business