How is being an entrepreneur today different from being one in the past (20 years ago)?
What will be an ideal response?
Speed of technological change (more forward, proactive thinking), globalization (greater communication, customers, suppliers, competition), new/more specialized financing (VC’s dedicated to certain sectors).
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A devotes full time and B devotes one-half time to their partnership. If the partnership agreement is silent concerning the division of net income, A will receive a $20,000 share of a net income of $30,000
Indicate whether the statement is true or false
Which of the following is not an example of a value-added activity in a manufacturing environment?
a. storage b. painting c. assembly d. cutting e. All of these are value-added activities.
The Golden Rule test asks the question, "Would I like to be on the receiving end of this action and all its potential consequences?"
Answer the following statement true (T) or false (F)
____________________ is acceptable in most industries as long as it is short and neatly trimmed.
Fill in the blank(s) with the appropriate word(s).