What is a small-business institute? How does it help small-business owners?

What will be an ideal response?


A small-business institute (SBI) is a group of senior and graduate students in business administration who provide management counseling to small businesses. SBIs were created in 1972 and are now set up on more than 520 college campuses. Students work in groups guided by faculty to help analyze and solve problems of small-business owners.

Business

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Based on U.S. consumer segmentation of consumer attitudes toward green marketing, the group that includes heavy users of green marketing products, but is not politically active is called:

A) true-blue greens B) greenback greens C) sprouts D) basic buyers

Business

Members of certain social groups are privileged in our society

Indicate whether this statement is true or false.

Business

You started an energy drink company in the United States that has been very successful. Your sales and profits have leveled off lately, and you and your management team are now researching introducing your drinks outside the United States. What market-entry strategies will you analyze if you want to keep your risk and initial investment low?

What will be an ideal response?

Business

When is formal rulemaking required? Explain whether formal or informal rulemaking is used more frequently

What will be an ideal response?

Business