Which of the following is not an important aspect of an entrepreneurial venture that must be described in a business plan?
a. current status
b. expected needs
c. family support
d. projected results
ANSWER: c
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What items are typically included in an environmental assessment document required by government legislation?
What will be an ideal response?
A result of a separation of duties is that
A) operations become extremely inefficient because of constant training of employees. B) more employees will need to be bonded. C) theft by employees becomes impossible. D) theft is possible only if several employees scheme together.
Ricardo, an Italian citizen, who is trained in a specialized form of computer programming that is highly in demand, is interested in coming to work in the U.S. A friend of his told him that he could come to the U.S., but that he would not be protected by U.S. employment laws and regulations. Ricardo also understands that a strictly enforced rule is that he could only work in the U.S. for three years. Ricardo is inclined to come to the U.S. but would like additional information regarding his rights and the process.
A) For up to two years B) For up to three years C) For up to six years D) For up to ten years
Which of the following statements is true of vendor analysis?
A. It is an informal rating of the retailers and wholesalers in an industry. B. Its sole purpose is to get the lowest price from a supplier on a given product or service. C. It is also known as portfolio analysis. D. Its goals include increasing the total costs associated with purchases. E. It helps in selecting suppliers by evaluating them in all relevant areas of performance.