Amanda has always been inclined toward baking and wants to open her own bakery. She takes a loan of $20,000 from the bank and starts a bakery in her hometown. In the context of the four forms of business, Amanda most likely _____.
A. owns a limited liability company
B. has a sole proprietorship
C. has a general partnership
D. owns a statutory close corporation
Answer: B
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Answer the following statements true (T) or false (F)
1. Catastrophic time is one of the estimates used by PERT to estimate the duration of an activity. 2. The pessimistic and optimistic times are asymmetrical around the mean with regard to the distribution of time for the duration of an activity. 3. The AON method is more commonly used than AOA. 4. A useful rule in constructing networks is that an activity cannot begin until all preceding activities have been completed.
Decision paralysis occurs when leaders fail to execute a crisis communications plan in a swift manner, such as during the shootings at Virginia Tech
Indicate whether the statement is true or false
Agency heads and commissions are required to defer to an administrative law judge's factual findings
Indicate whether the statement is true or false
Channel systems in which the various channel members make little or no effort to cooperate with each other are called ________ systems.
A. vertically integrated B. franchising C. direct-to-customer channel D. traditional channel E. administered channel