The emergency room staff in Houston's largest hospital is pleasantly surprised when a four-day Fourth of July weekend brings in few accident victims for treatment. They know from experience that such public holidays usually have high rates of accidents. For the hospital's business office, the lower demand for the emergency room services means
A. its services can be separated from the staff.
B. the hospital has idle production capacity.
C. a break in the service continuum.
D. an opportunity for gap analysis.
E. its services are no longer tangible.
Answer: B
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The U.S. Census Bureau's Survey of Business Owners shows that the number of minority-owned companies in the United States was __________ in 2012.
A. 5.8 million B. 1.3 billion C. 872,000 D. 8 million E. 2.9 million
The most appropriate place to provide two or three paragraphs of information about a consulting firm that provided you with information included in an article would be a
A) bibliography B) footnote C) pull quote D) sidebar
Answer the following statement(s) true (T) or false (F)
1. When borrowing from friends and family, it is better to treat the arrangement as a formal loan. 2. Crowdsourcing would be the fastest way of raising financial capital for your business. 3. You would like to raise funds for a foodbank in your local community. Kickstarter would be an excellent source for the initial funds. 4. In the investor model, crowdfunding backers will expect an equity stake in your business. 5. In the patronage model, investors will contribute to your project with no expectation of direct return.
On behalf of the rock group Uno, their manager Thalia agrees to a performance in Seaside Amphitheatre on July 4. Rex, acting for Seaside, sends a written copy of the agreement to Thalia to be signed. If Thalia signs the copy, the parties will have
A. an express contract. B. an implied contract. C. a quasi contract. D. no contract.