Where can small business partners find help in refining their ideas, polish pitches to investors, connect with industry experts and settle disputes between founders?
A) advisory boards
B) business incubators
C) government agencies
D) not-for-profit organizations
E) business networks
Answer: B
Explanation: In exchange for a small share of ownership, business incubators make small investments in companies; more important, it helps founders refine their ideas, develop products, polish their pitches to investors, connect with industry experts, handle incorporation issues to avoid legal trouble later on, hire the right kind of employees, and even mediate disputes between company founders.
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Exhibit 20-4 On January 1, 2016, Average Leasing Company entered into a direct financing lease with a lessee, Lenny Company. The lease agreement calls for five equal annual payments of $75,000 at the beginning of each year with the first payment due on January 1, 2016. The leased property has an estimated residual value of $10,000, which Lenny does not guarantee. The property remains the property
of Average at the end of the lease term. Average desires a 12% rate of return. Present value factors for a 12% interest rate are as follows: Present value of $1 for n = 1 0.892857 Present value of $1 for n = 5 0.567427 Present value of an ordinary annuity for n = 5 3.604776 Present value of an annuity due for n = 5 4.037349 ? Refer to Exhibit 20-4. Given the structure of the lease, the payments, and the residual value information, what is General's net investment in the lease during 2017 (round the answer to the nearest dollar)? A) $248,475 B) $158,475 C) $186,492 D) $264,137
Poga International, a multinational beverage corporation identifies that one of its competitors is launching an apple flavored drink. The company decides to launch an apple flavor brand along with its competitor. What timing strategy is used here?
A) first entry B) blunt entry C) parallel entry D) late entry E) exchange entry
Which of the following would not lead a manager to believe that an ethical concern exists?
A. Is the contemplated technique for gathering information relevant? B. Have I done something to circumvent a system intended to secure or protect information? C. Have I misled anybody in order to gain access? D. Have I done anything that coerced somebody to share this information?
Which of the following is a disadvantage of adding new channels in a multichannel distribution system?
A) decreasing complexity of markets B) decreasing control over the system C) reducing opportunities for franchising D) lowering sales and market coverage E) minimizing publicity needs