Allan opened a hot dog stand in Central Park, New York City. He owns it and operates it six days a week, year round.  What kind of business is this?

A. A sibling partnership
B. A franchise
C. A cousin consortium
D. An owner-managed business


Answer: D

Business

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Morals are broadly applied social standards for what is right or wrong in a particular situation, or a process for setting those standards.

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

Business

Which of the following describes the situation in which the researcher knows who the respondent is but does not identify the respondent with any information gathered from that respondent to a client?

A) anonymity B) secrecy C) confidentiality D) obscurity E) ambiguity

Business

Acme Global would most likely not be guilty of disparate treatment based on gender if it were to require applicants to be male when hiring a ______.

A. salesperson B. marketing director C. mailroom clerk D. bathroom attendant

Business

When a firm makes choices between a cost or value position to achieve competitive advantage, it is primarily involved in

A. collective bargaining. B. strategic trade-offs. C. mediation. D. arbitration.

Business