Which of the following helps an entrepreneur avoid the pitfall of not having realistic goals?

a. identifying a niche market
b. setting up a timetable of specific steps
c. following up on professional appointments
d. developing employee zeal


ANSWER: b

Business

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Which of the following statements is true of the Russian economy?

A) Russia has a technologically competent manufacturing base with the latest machinery. B) Russia has a highly democratic political leadership that fervently promotes free media. C) Russia's middle class has been slow to accept foreign goods, services, and brands. D) Russia has an economy that is largely dependent on oil revenues.

Business

Of the three parties involved in the distribution process, ________ are responsible for physically transporting the goods

A) shippers B) brokers C) agents D) carriers E) consignees

Business

An employee cannot be discharged because of his involvement in politics outside of work

Indicate whether the statement is true or false

Business

Felicia, an elderly woman, does not speak or read English well. Felicia is a recent immigrant to this country. A dishonest immigration officer tells Felicia to sign several documents as being necessary to maintain her legal alien status. Unknown to Felicia, she signs a promissory note. The immigration officer thereafter sells the note to Neighborhood Bank, a holder in due course, who goes after

Felicia for payment of the note. Felicia's defense to the Neighborhood Bank is: a. fraud in the inducement; a real defense. b. fraud in the execution; a real defense. c. unauthorized completion; a personal defense. d. breach of contract; a real defense.

Business