Josue owns a McDonald's franchise that is having some troubles. Where is Josue most likely to go for advice and guidance?
A. The franchisor
B. The SBA
C. SCORE
D. Restaurant consultants
E. Chamber of Commerce
Answer: A
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Which of the following is TRUE of a partnership?
A) All partnership firms are public firms. B) Partnership firms have a limited life. C) The owners of the partnership have limited liabilities for the partnership's debts. D) The maximum loss an owner of a partnership can incur is the invested amount.
Product unit cost is the sum of direct materials, direct labor, and overhead divided by the total number of units produced
Indicate whether the statement is true or false
Natural resources, such as coal mines and oil wells, are always classified on the balance sheet as:
a. property, plant, and equipment. b. investments. c. intangible assets. d. none of these are correct.
What are considered internal factors affecting entrepreneurship?
a. Work experience b. Education background c. Family background and business experience d. All of the above