The design of a business model allows the entrepreneur to establish certain critical business goals for the new venture. Which is an example of such?
a. The time to first dollar
b. Revenue for a scaled-up business
c. Exit valuation
d. All the above are examples
d. All the above are examples
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Jane Michael is a member of a research team at a multinational corporation. She is not a manager and holds no official title within the corporation. Other members of this team ask for and follow her advice about research, as well as other organizational issues. Ms. Michael could be described as ______.
a. a contextual leader b. a mindful leader c. a formal leader d. an informal leader
According to the text, which of the following is the goal of value chain analysis?
A. To enable managers to identify the true value of the company's stock. B. To enable managers to identify the underlying values and belief of the company and its culture. C. To enable managers to identify whether to enter foreign markets. D. To enable managers to identify who their competitors are. E. To enable managers to identify which set of activities it will do itself and which it will outsource.
The fair trade concept typically refers to all of the products below except?
a. Coffee b. Tea c. Manufactured goods d. Cotton
Quality-Value, Inc. maintains a gross margin of 75% on all of its merchandise. In September the company had a beginning inventory of $604,900, net purchases of $186,900, and net sales of $487,600. Use the gross profit method to estimate the cost of ending inventory as of September 30.
A. $200,561 B. $418,300 C. $691,800 D. $669,900