Juarez would like to open a Honduran restaurant in San Diego. He has determined that, due to the large Hispanic population there, the demand for a Honduran restaurant should be high. He has studied the demographics of the area, the competing businesses, the costs of rent, electricity, gas, licensing, insurance, and all of the costs associated with payroll taxes and employee liabilities. He has determined that he can run the business with a minimum of four people if they work in six-hour shifts and the business is open from 9 a.m. to 9 p.m. After completing all of his costs calculations and subtracting them from his projected income for the first year, he has determined that he will be about two thousand dollars a month short. He had decided to run the business as a sole proprietorship but
is now reconsidering this decision. He needs money but he doesn't want to give up control or go into debt. What would be the best form of business for him to have under these circumstances?
A. Corporation
B. Limited-liability company
C. Limited partnership
D. Partnership
Answer: C
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Enrique is encouraging his company to adopt an approach to environmentalism that would see financial returns balanced with environmental and stakeholder concerns. This approach is best characterized as:
A) comprehensive environmental management B) compliance with laws and regulations C) a token response D) compliance with stakeholder expectations E) sustainable development
Which of the following is true of an economy at full employment?
A. There is no job turnover in the economy. B. The unemployment rate in the economy is equal to the natural rate of unemployment. C. The economy's labor and capital are not fully utilized. D. An increase in price level increases the full-employment level of output.
A(n) _________________________ is a written promise to repay a definite sum of money either upon demand, or at a fixed or determinable date in the future
Fill in the blank(s) with correct word
The first project meeting is critical to the early functioning of the project team. Which of the following is NOT true regarding this meeting?
A. The meeting will need to be as long as necessary to cover the main objectives of a first meeting B. The meeting should be productive, well-organized and realistic C. An overview of the project's scope and objectives should be addressed D. Interpersonal interaction concerns should be addressed E. The project manager must model how the team will work together