A(n) ________ is an enterprise having fewer than 500 employees, independently owned and operated, not dominant in its field, and not characterized by many innovative practices.

A. nonprofit organization
B. entrepreneurial venture
C. small business
D. greenfield venture
E. incubator


Answer: C

Business

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At Methods Corp., a maker of premium art pencils, the human resource department is evaluating its pay structure. A compensation specialist computes the compa-ratio of the designers and determines that it is 1.9. What problem is most likely to result from a compa-ratio of this size?

A. The company may be in violation of the Fair Labor Standards Act. B. The company may have difficulty keeping costs under control. C. The company may have misclassified these employees as exempt when they are nonexempt. D. The company may not have met minimum-wage requirements. E. The company may have difficulty attracting and keeping qualified employees.

Business

Why is every western coast between 20 and 30 degrees north or south of the equator dry?

A. Western coasts are not dry; it is the interior of continents that becomes arid desert. B. This is coincidental. Egypt, which has a source of water, can support a large population. C. The winds blow away from the land, carrying moisture with them. D. The equator is a tropical area, and the heat leads to evaporation.

Business

Discuss key issues to be considered when implementing aggregate planning

What will be an ideal response?

Business

The most common bankruptcy proceeding is known as adjustment of debt

a. True b. False Indicate whether the statement is true or false

Business