Answer the following statements true (T) or false (F)

1. The Internet is responsible for many new business models.
2. Businesses will increasingly rely on B2B Internet applications to speed up the cash flows through their firms.
3. Sole proprietorship means single-person ownership and offers the advantages of simplicity of decision making and low organizational and operating costs.
4. Under the 2017 Tax Cuts and Jobs Act, the most significant change is that the corporate tax rate goes from 35 percent to 21 percent, which puts U.S. Companies on competitive footing with many other countries.
5. Profits of sole proprietorships are taxed at corporate tax rates.


1. TRUE
2. TRUE
3. TRUE
4. TRUE
5. FALSE

Business

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David was feeling very anxious, confused, and out of place since he arrived for his new job in Taipei, Taiwan. It seemed like just about everything was different from what he was used to. David was experiencing   

A. overseas difficulties. B. sociological struggles. C. complexity issues. D. culture shock. E. adjustment pains.

Business

Explain the difference between a performance interview and an exit interview. What are benefits of conducting each type of interview?

What will be an ideal response?

Business

The Internal Revenue Code is written by the Internal Revenue Service.

Answer the following statement true (T) or false (F)

Business

The Q&A session, while enjoyable, can also be quite ______.

a. dry. b. challenging. c. boring. d. costly.

Business