A small business that has expanded beyond the comfort zone of its entrepreneur will end in bankruptcy.

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


False

Rationale: While bankruptcy is possible, this situation illustrates the need for professional management.

Business

You might also like to view...

________ are employees of a corporation who are appointed by the board of directors to manage the day-to-day operations of the corporation

A) Corporate officers B) Shareholders C) Registered agents D) Ombudsmen

Business

A universal life insurance policy is a type of cash-value insurance combining term insurance with a tax-deferred savings feature in a package in which both the premiums and the benefits are flexible

Indicate whether this statement is true or false.

Business

Using industry standard ratios, a bank may be willing to approve you for a house that you cannot what?

A) Inspect B) Finance C) Walk-through D) Co-Sign E) Afford

Business

Aspiring leaders of change tend to ________ their vision.

A) under communicate B) overcomplicate C) underestimate D) over communicate E) undermine

Business